Nanotechnology in Water Treatment Market: Global Industry Forecast (2022-2027) by Application, Nanomaterial, and Region

Nanotechnology in Water Treatment Market size was valued at US$ 1.6 Bn. in 2021 and the total Global Nanotechnology in Water Treatment revenue is expected to grow at 9.1% through 2022 to 2027, reaching nearly US$ 2.7 Bn.
Nanotechnology in Water Treatment Market Overview:
Nanotechnology is now playing an important role in water treatment procedures. Nanotechnology is the treatment of atoms on a nanoscale. Nanomembranes are used in nanotechnology to soften water and remove impurities such as physical, biological, and chemical contamination. Nanotechnology holds the future for effectively removing many drinking water contaminants. The pharmaceutical, food and beverage, chemical, and oil and gas sectors all have a significant need for purified water. This has given rise to a well-defined nanotechnology market in the water treatment sector, which now exists on a worldwide scale. The related market is expected to increase in the future because it is utilized in water treatment and purification processes.



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In this report, the Global Nanotechnology in Water Treatment market's growth reasons, as well as the market's many segments (Application, Nanomaterial, and Region), are discussed. Data has been given by market players, regions, and specific requirements. This market report includes a comprehensive overview of all the significant improvements that are presently prevailing in all market segments. Key data analysis is presented in the form of statistics, infographics, and presentations. The study discusses the Global Nanotechnology in the Water Treatment market's Drivers, Restraints, Opportunities, and Challenges. The report helps to assess the market growth drivers and determines how to use these drivers as a tool. The report also helps to rectify and resolve issues related to the global Global Nanotechnology in Water Treatment market situation.
Nanotechnology in Water Treatment Market Dynamics:
Need for Nanotechnology in Water Treatment:

Water scarcity and a lack of access to safe drinking water would continue to be important worldwide issues. More than one billion people, virtually all of whom live in poor nations do not have access to safe drinking water or basic sanitation. Water-stressed nations currently one-third of the world's population are expected to rise to two-thirds by 2025. The use of nanotechnology is one technique being explored in several countries including South Africa to address the difficulty of improving access to safe drinking water. Nanotechnology has the potential to play a critical role in resolving the water issue by offering effective and low-cost wastewater treatment systems.

The market for nanotechnology in the water treatment market is being driven by the increased need for clean drinking water in terms of contaminant removal and softening action. This is an important aspect of pharmaceutical product development. The need for high-quality growth as the healthcare industry improves. In the next years, the nanotechnology pharmaceuticals in the water treatment market would be fueled by increased product development for efficient nanomaterials and other research activities such as low-cost nanotechnology.

Contaminants could be more effectively removed:

Contaminants that were previously difficult to remove may now be removed thanks to the increased specificity of nanotechnology and the development of smart filters designed for a specific application. Nanotechnology has the potential to drastically reduce the number of stages, resources, and energy required for water treatment which makes it easier to adopt this technology in rural areas. Incorporating nanotechnology-based water treatments will require a considerable initial investment. However, once adopted, these advances can decrease long-term water treatment costs.

Application of Nanotechnology in Water Treatment in various sectors:

Nanotechnology in water treatment is in high demand in the oil & gas sector. Drilling and cleaning, lubricating, and cooling are all processes that need treated water, and these characteristics are propelling the growth of nanotechnology in the water treatment market. The increasing use of nanotechnology in construction materials has had a favorable influence on the water treatment market throughout the years. Building materials for insulations such as silica nanoparticles, which are widely utilized in the construction sector are utilizing nanotechnology in the water treatment market.

Restraint and Challenges for the Nanotechnology in Water Treatment Market:

Establishing nanotechnology in water treatment for industrial purposes can be costly. This is a significant obstacle to the use of nanotechnology in water treatment. Companies are looking to alter this by increasing investments and lowering installation costs. This might help the technology overcome its challenges.

Nanotechnology is changing daily as new ideas and improvements enter its operating system. Scientists are now working on leveraging graphene technology to achieve previously unattainable levels of nanotechnological filtration. Few researchers have also created thin membranes out of molybdenum disulfide (MoS2) for application in global nanotechnology in the water treatment market. As advancement in research and development (R&D) provides a broad scope for the market to grow, most businesses in the global nanotechnology in water treatment are focused on the same.


Nanotechnology in Water Treatment Market Segment Analysis
by Application, in Industrial water treatment Nanomembranes can separate contaminants from wastewater. These are often used to remove heavy metals, dyes, and other pollutants. Various industries release large amounts of toxic effluent. Wastewater pollutants (toxic heavy metals and other impurities) have a wide range of negative impacts on living organisms and the environment. Nanotechnology has shown to be a cost-effective and efficient technique for industrial water treatment. Nanotechnology may be used to remove different toxins from wastewater and purify it. Nanoparticles are purpose-specific, and there is no risk of pollutants remaining after nano treatment.

by Nanomaterial, the Nanomembrane segments are essential in water treatment methods that include contaminant removal and softening. This is critical in the production of pharmaceutical products. Pollutants can be separated from wastewater using nanomembranes. They are often used to remove heavy metals, dyes, and other pollutants.
Nanomembranes that are routinely used are nanotubes, nanoribbons, and nanofibers. Silver nanoparticles are antimicrobial agents that are used in the treatment of wastewater that contains a high concentration of bacterial pollutants.

The nano adsorbents segment uses organic or inorganic nanoparticles having a high potential for adsorption These adsorbents are extremely effective in removing a wide range of pollutants. The ideal absorbent is small, has a big surface area has a high catalytic potential, and is highly reactive.
Nanotechnology in Water Treatment Market Regional Insights:
North America accounted for a significant portion of the global nanotechnology in the water treatment market. Increasing R&D spending on nanomaterials and industrial wastewater treatment are driving North American nanotechnology in the water treatment market. The Environmental Protection Agency in the United States has permitted the limited manufacturing of new nanoscale chemical materials by administrative orders or major new rules under the Toxic Substances Control Act.

In the Asia Pacific, the Nanotechnology in Water Treatment market is expected to grow rapidly during the forecast period. Increasing government initiatives in emerging economies like China, India, Indonesia, and Thailand to supply clean drinking water are expected to fuel the region's nanotechnology in the water treatment market over the forecast period. The market in Latin America, the Middle East, and Africa is likely to grow slowly during the next few years.

In Europe, the market is expected to grow at a rapid rate during the forecast period. REACH is referred to in the European Water Framework Directive65 which created a framework for the protection of transitional waters, inland surface waters, coastal waters, and groundwater. Because of their close connection, every REACH modification relating to nanomaterials is immediately adopted in the water directive.

The objective of the report is to present a comprehensive analysis of the Global Nanotechnology in the Water Treatment market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the Nanotechnology in Water Treatment market dynamics, and structure by analyzing the market segments and projecting the Nanotechnology in Water Treatment market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Nanotechnology in Water Treatment market make the report investor’s guide.
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Global Nanotechnology in Water Treatment Market


Report Coverage
Details


Base Year:
2021
Forecast Period:
2022-2027


Historical Data:
2017 to 2021
Market Size in 2021:
US $ 1.6 Bn


Forecast Period 2022 to 2027 CAGR:
9.1 %
Market Size in 2027:
US $ 2.7 Bn


 Segments Covered:
by Application
• Potable water treatment
• Industrial water treatment


by Nanomaterial
• Nanoadsorbents
• Nano metals/nanometals oxides
• Nanomembranes
• Other



Global Nanotechnology in Water Treatment Market, by Region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
Global Nanotechnology in Water Treatment Market Key Players
• Lanxess Aktiengesellschaft
• ItN Nanovation AG,
• Enel Spa.
• Nanosys
• QD Vision
• Arkema
• 10Angstroms
• 10x MicroStructures
• 10x Technology Inc
• 3M 3rd Millennium Inc
• 3rdTech Inc
• Calgon Carbon Corporation
• Danaher Corporation
• Best Water Technology AG
• Honeywell International Inc.
• Pentair Inc.
• Ashland Hercules
• Flowserve Corporation
• Nalco
• Grundfos
• ITT Corporation
• Emerson
• Dresser
• KITZ Corporation
• Kirloskar Ebara
• Kemira.

FAQs:

1. Which is the potential market for Global Nanotechnology in Water Treatment in terms of the region?
Ans. In the APAC region, Increasing government initiatives in emerging economies like China, India, Indonesia, and Thailand to supply clean drinking water are expected to fuel the region's nanotechnology in the water treatment market over the forecast period.

2. What is expected to drive the growth of the Global Nanotechnology in Water Treatment market in the forecast period?
Ans. Nanotechnology has the potential to play a critical role in resolving the water issue by offering effective and low-cost wastewater treatment systems is the key driver for the growth of Nanotechnology in the Water Treatment market in the forecast period.

3. What is the projected market size & growth rate of the Global Nanotechnology in Water Treatment Market?
Ans. Global Nanotechnology in Water Treatment Market size was valued at US$ 1.6 Bn. in 2021 and the total Global Nanotechnology in Water Treatment revenue is expected to grow at 9.1 % through 2022 to 2027, reaching nearly US$ 2.7 Bn.

4. What segments are covered in the Global Nanotechnology in Water Treatment Market report?
Ans. The segments covered are Application, Nanomaterial, and Region.