Functional Membrane Materials Market Summary
Functional membrane materials refer to membrane materials with one or more functions such as optics, electronics, separation, and barrier. They are widely used in various fields such as new displays, 5G communication, new energy vehicles, energy conservation and environmental protection, medical materials, and are an important branch of the new material industry. The functional membrane material industry has high technological barriers and is one of the key materials that need to be overcome in China's independent innovation and development of new materials. It plays an important role in promoting the high-quality development of China's advanced manufacturing industry.
According to the new market research report “Global Functional Membrane Materials Market Insights, Forecast to 2029”, published by QYResearch, the global Functional Membrane Materials market size is projected to reach USD 39.17 billion by 2029, at a CAGR of 8.2% during the forecast period.
- Global Functional Membrane Materials Market Size (US$ Million), 2018-2029
Source: QYResearch, “Global Functional Membrane Materials Market Insights, Forecast to 2029”
Market Drivers:
Emerging fields provide new opportunities for industrial development. The promotion of the concept of the metaverse promotes the accelerated development of new display fields. The demand for membrane materials related to the new generation of information technology fields such as optical and electrical functional films has increased, the market size has expanded, and costs have decreased, providing huge opportunities for the future development of functional membrane material industries. At the same time, the accelerated promotion of hydrogen energy and lithium batteries has provided a huge market for membrane materials such as lithium battery separators, aluminum plastic membranes, and proton exchange membranes. The market for lithium-ion separator products is gradually shifting from dry method to wet method, effectively reducing costs and causing significant changes in the market landscape, providing new opportunities for enterprises.
Market demand in key areas drives the development of high-end industries. As China's functional membrane material industry gradually enters a stage of high-quality development, major leading enterprises gradually control the production capacity of low-end products, actively layout high-end products, adjust industrial structure, and reduce homogeneous competition; In the future, the rapid development of key areas such as new displays, new energy, energy conservation and environmental protection, and high-end equipment will increase the demand for high-end products, drive the overall industrial transformation and upgrading, gradually complete the layout of high-end products, and promote the high-end development of the functional membrane material industry.
- Global Functional Membrane Materials Top 18 Players RankingandMarket Share（Continually updated）
Source: QYResearch, “Global Functional Membrane Materials Market Insights, Forecast to 2029”
According to QYResearch Top Players Research Center, the global key manufacturers of Functional Membrane Materials include Mitsui Chemicals, Sekisui, Sumitomo Bakelite, 3M, SOMAR, Tesa, PANAC, SHEEDOM, MATAI, ISOVOLTA, etc. In 2022, the global top 10 players had a share approximately 71.0% in terms of revenue.
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