Global Nitrocellulose Membranes Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Nitrocellulose Membranes Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Nitrocellulose membrane, also known as NC membrane, is used as the carrier of C/T line in colloidal gold test paper, and it is also the place where immune response occurs. Therefore, Nitrocellulose membrane is one of the most important consumables in biological experiments. Nitrocellulose Membrane is used in laboratory procedures for particle retention and cell capture in liquid or gaseous solutions and, reversely, obtaining particle-free filtrates.

Market Overview:

The latest research study on the global Nitrocellulose Membranes market finds that the global Nitrocellulose Membranes market reached a value of USD 137.18 million in 2022. It’s expected that the market will achieve USD 166.2 million by 2028, exhibiting a CAGR of 3.25% during the forecast period.

Influence of COVID-19 Outbreak on Nitrocellulose Membranes Industry Development

More than one million lives have been lost to COVID-19 since the start of 2020 and the toll continues to rise. Many more have suffered a serious illness. Close to 90 million people are expected to fall into extreme deprivation this year. Compared with the IMF report released in June, the global economic contraction in 2020 will not be as severe as previously predicted. This revision reflects a better-than-expected economic recovery in the second quarter. Global growth is projected at 5.2 percent in 2021, a little lower than in the June 2020 WEO Update, reflecting the more moderate downturn projected for 2020 and consistent with expectations of persistent social distancing. This is the worst global recession in decades, despite the huge efforts of governments with the support of fiscal and monetary policies to deal with the economic downturn. But from a long-term perspective, it is expected that the severe recession caused by the pandemic will cause a prolonged economic depression by reducing investment. Should COVID-19 outbreaks persist, should restrictions on movement be extended or reintroduced, or should disruptions to economic activity be prolonged, the recession could be deeper. Businesses might find it hard to service debt, heightened risk aversion could lead to climbing borrowing costs, and bankruptcies and defaults could result in financial crises in many countries. Under such unfavorable circumstances, there will still be a possibility of a global decline in 2021.

Market Opportunities

With the progress in science and technology, more advanced materials and production methods, investment of companies, there will be more cost effective, high performance product.With the development of economy and technology, some countries will establish their own markets, which will lead to an increase in downstream demand, thereby promoting the future development of this industry.

Market Risk

This industry is manufacturing, manufacturing processes and technology is relatively simple, while the lack of technology and technological breakthroughs. This is a factor restricting the development of the nitrocellulose membrane industry.In the nitrocellulose production process, some waste gas and wastewater will inevitably be produced. Manufacturers have higher requirements for the environment, leading to greater costs. This is one of the important factors restricting the development of the nitrocellulose membrane industry.

Region Overview:

From 2022-2027, North America is estimated to witness robust growth prospects.

Company Overview

Merck is one of the major players operating in the Nitrocellulose Membranes market, holding a share of 31.81% in 2021.Merck is a team of experts in the medical, life science and electronics fields. Their main businesses include: from prescription drugs to the treatment of diseases such as cancer and infertility; to provide scientists with laboratory materials, technology and services to make research and biotechnology production easier, faster and safer; and to develop applications for Special chemicals for special applications, from liquid crystal and OLED materials for display and lighting, to effect pigments for coatings and cosmetics, to high-tech materials for the electronics industry.Biopharmaceuticals are produced using living cells in complex and expensive procedures. With Sartorius innovative products and services, Sartorius enable pharmaceutical researchers and lab personnel to simplify workflows, minimize human errors and speed up their work. Sartorius provide solutions that shorten the lengthy and difficult search for active ingredients. Sartorius provide the essential products, technologies and expertise to produce biopharmaceuticals reliably and efficiently. Sartorius has been pioneering and setting the standards for single-use products that are currently used throughout all biopharmaceutical manufacturing processes. Sartorius help customers to bring medications safely and quickly to the patient.

Segmentation Overview:

By type, Below 0.45 µm Pore Sizes segment accounted for the largest share of market in 2021.

Application Overview:

By application, the Biopharmaceutical segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Nitrocellulose Membranes market covered in Chapter 3:

SartoriusMDIBio-RadPall CorporationMacherey-NagelThermo FisherGeno TechnologyGVSMerckCytiva

In Chapter 4 and Chapter 14.2, on the basis of types, the Nitrocellulose Membranes market from 2018 to 2029 is primarily split into:

Below 0.45 µm Pore Sizes0.45 to 6 µm Pore SizesAbove 6 µm Pore Sizes

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Nitrocellulose Membranes market from 2018 to 2029 covers:

BiopharmaceuticalFood & BeverageResearch Institutes and Academic Center

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)Latin America (Brazil, Mexico, Argentina)Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)