The track-etched membrane market is enhanced by the increase in research and development activities connected to pharmaceuticals as well as product advancements.
The value of the Track-Etched Membrane market is projected to grow to USD 494.04 million with an estimated CAGR of 7.8% by 2029
Covid-19 Impact & Market Status
Due to travel prohibitions and business closures, the COVID-19 has had a negative impact on economies and businesses in a number of countries. The closure of various plants and factories has had a severe influence on global supply chains, negatively affecting manufacturing, delivery schedules, and product sales in the worldwide market. The track-etched membrane market had also been severely impacted like most of the other markets and the rise of the market was hampered due to the reduced demand for track-etched membrane during this period as everything came to a standstill.
The report evaluates the financial structure of the track etched membrane industry and discusses the changing structure of the global track etched membrane industry. The growth rates of the key segments are also detailed in the report for the forecasted years 2022-2029. The report provides solutions and recommendations that allow market players streamline decision making and optimize operations. The report provides relevant track etched membrane industry information gathered from trusted internal and external sources. The report studies the global track etched membrane market trends observed in covid-19 pandemic and how they have evolved in past few years. The report analyses the global consumption trends and conducts demand analysis of the major products and services from a global perspective.
The track-etched membrane market rise is also expected to be aided by their utilization in the chemical industry in order to purify several drugs and vaccines.
The global track-etched membrane market is expected to rise at a rapid pace to about USD 1552.8 million by 2029 during the analysis period at a CAGR of 11.6 percent.
The pore architecture and pore size distributions of track-etched membranes are well-defined. Heavy ions can enter the polymer film during the manufacturing stage, causing ionisation and electron excitation. The residual polymer chains are etched with appropriate chemicals in the second step of manufacture to eliminate tiny particles by diffusion.
Purification of pharmaceuticals and vaccines, fluid clarifying, microscopy, bioassays, environmental analysis, and microbiological quality monitoring of food and water all use track-etched membranes. Polycarbonate film is used to make track-etched polycarbonate membranes. These membranes offer a precise pore size, a high flow rate, and excellent thermal and chemical stability. The main advantages of track-etched membranes are no sample contamination and a flat surface for better particle visualisation.
The high cost of production and limited supply of the track etched membranes are some of the major drawbacks of the global track etched membrane market. Furthermore, research and development in pharmaceutical and biomedical sector, growing awareness of drinking pure water, technology advancements leading to development of efficient track-etched membrane, increasing adoption of track-etched membrane is anticipated to be a growth opportunity to the global track-etched membrane market.
The global track itched membrane market is rising rapidly and consists of several big corporations like Danaher, Corning, GE Healthcare, Merck KGaA, Sartorius AG, Sterlitech, Brand GmbH, Graver Technologies, Scaffdex, CHMLAB, Avestin, Advantec , SKC , Avanti Lipids Polar, MACHEREY-NAGEL, Greiner Bio-One, Eaton, Thermo Fisher Scientific, GVS, Zefon, SABEU, Sartorius, Sarstedt, Oxyphen, it4ip, and GE Healthcare among others.
Latest Innovations in the Global Track-Etched Membrane Market: A Snapshot
- In May 2022, Fiocruz and Merck collaborated to develop the first oral covid antiviral drug in Brazil. Fiocruz will be in charge of molnupiravir storage, management, labelling, packaging, testing, releasing, importing, and delivering to the Unified Health System under this arrangement. The deal also includes the start of experimental investigations to investigate the drug's action against other viruses that are also endemic in Brazil, as well as the execution of clinical trials in collaboration with the pharmaceutical business for possible use as COVID-19 prophylaxis.
Track-Etched Membrane Market Scope
|Forecast Unit||Value (USD)|
|Revenue forecast in 2028||USD 1552.8 million.|
|Growth Rate||CAGR of 11.6% during 2021-2028|
|Segment Covered||Type, Material Application, Regions|
|Regions Covered||North America, Europe, Asia Pacific, South America, Middle East and South Africa|
|Key Players Profiled||Danaher, Corning, GE Healthcare, Merck KGaA, Sartorius AG, Sterlitech, Brand GmbH, Graver Technologies, Scaffdex, CHMLAB, Avestin, Advantec , SKC , Avanti Lipids Polar, MACHEREY-NAGEL, Greiner Bio-One, Eaton, Thermo Fisher Scientific.|
Key Segments of the Global Track-Etched Membrane Market
Type Overview, 2019-2029 (USD Million)
- Membrane Filters
- Cartridge and Capsule Filters
Material Overview, 2019-2029 (USD Million)
- Polyethylene Terephthalate
Application Overview, 2019-2029 (USD Million)
- Cell Biology
- Analytical Testing
Regional Overview, 2019-2029 (USD Million)
- Rest of Europe
- Rest of Asia Pacific
- Rest of South America
Middle East and South Africa