Increasing demand for therapeutics with high purity, rising production of generic drugs, and growing adoption of track etched membrane in food and beverage industry are key factors driving market growth

The global track etched membrane market size is expected to reach USD 1,432.5 Million by 2028 and register a CAGR of 11.6%, according to the latest report by Reports and Data. Rising adoption of track etched membranes in pharmaceutical and food and beverage industry, rapid technological advancements, and growing demand for high purity therapeutics and drugs are key factors expected to drive market revenue growth over the forecast period. In addition, increasing research and development activities in the pharmaceutical sector and rising investment and funding for accelerating biopharmaceutical research are some other factors expected to drive market growth going ahead.

Track etched membranes are porous systems made of thin polymer foils that have pores from one surface to another. Track etched membranes can have a unique pore structure and are generally produced by ion bombardment of polymer films with heavy ions and their subsequent chemical etching. These membranes offer unique advantages over traditional membranes because of their precisely determined structure. Extensive research has been carried out to develop track etched membranes with enhanced properties and functions and this is expected to contribute to revenue growth of the market over the forecast period.

Key companies profiled in the report include

GE Healthcare, Danaher Corporation, Merck KGaA, Sartorius AG, Corning, Inc., it4ip S.A., Sterlitech Corporation, Eaton Corporation, Brand GmbH, Sabeu Plastik and Membrane Technologie, Zefon International, and Advantec MFS, Inc.

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The report is an investigative study that determines market growth and market scope on the basis of market trends, consumer behavior shifts, consumption and production patterns, product portfolio offered by the market, growth rate, drivers and constraints, financial positions, and existing challenges and limitations of the Track Etched Membrane market.

The report discusses in detail the global production capacity, demand and supply ratio, market dynamics, and comprehensive analysis of the competitive landscape. It provides an industry-wide analysis of the market share of each players along with their business portfolio, production and manufacturing capacity, product portfolio, business expansion plans, financial standing, and strategic alliances such as mergers and acquisitions, joint ventures, and collaborations, among others.

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The regional bifurcation of the market analyzes key market segments such as North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The report discusses in detail the market growth, market size, revenue growth, market share, production and consumption, demand and supply, current and emerging trends, and technological developments in each region.

The key geographical regions analyzed in the market report are:

• North America (U.S.A., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• AsiaPacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Track Etched Membrane Market Segmentation based on Types:

Product Outlook (Revenue, USD Million; 2018-2028)

• Membrane Filters
• Capsule Cartridge Filters
• Others

Material Outlook (Revenue, USD Million; 2018-2028)

• Polycarbonate
• Polyethylene Terephthalate
• Polyimide

Track Etched Membrane Market Segmentation based on Application:

Application Outlook (Revenue, USD Million; 2018-2028)

• Cell Biology
• Microbiology
• Analytical Testing
• Others

End-use Industry Outlook (Revenue, USD Million; 2018-2028)

• Pharmaceutical and Biopharmaceutical Companies
• Academic and Research Institutes
• Food and Beverage Companies
• Hospital and Diagnostic Centers

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Some Key Highlights From the Report:

• Membrane filters segment is expected to account for largest revenue share in the global market over the forecast period owing to increasing use of membrane filters in various industries for sterilization, sample preparation, and final filtration applications.
• Polycarbonate track etched membranes are extensively used in cell biology research experiments, analytical testing, and in food and beverage industry and this is expected to contribute to revenue growth of the polycarbonate segment.
• Cell biology segment is expected to register robust revenue CAGR over the forecast period owing to increasing adoption of track etched membranes in development and production of cell-based therapeutics and vaccines, growing demand for mAbs, and increasing funding for accelerating cell-based research.
• Pharmaceutical and biotechnology companies segment is expected to register significant revenue growth over the forecast period owing to increasing production of generic drugs and biologics, rising investment in biopharmaceutical RD, and growing demand for cell-based therapeutics.
• North America is expected to account for significant revenue share between 2021 and 2028, attributable to establishment of ultramodern research facilities, increasing adoption of track etched membranes in food and beverages industry, and robust presence of key players in the region.

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