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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Track Etched Membrane Market
Request Now !Track-etched membranes are a porous system that consists of a thin polymer foil and channels from a surface to another. Latent ion tracks result from the passage of swift ions through the solid substances and are often etched very selectively. Due to the conical, cylindrical, or other shape channels can be achieved.
Track membrane technologies are used for industrial applications in the track etching technique. Track-etch membranes have various advantages in the conventional membranes reason being the precisely determined structure. The pore size, density, and shape vary with the need for transport and are individually managed when the production is going on. The principal production stage involved in the track-etched membranes is the irradiation of ions of the polymer film. Ions can help in the penetration of the polymer film, which concludes in the ionization and electrons excitement. These are followed by the remaining polymer chains and are etched after the suitable chemicals which can be removed small-sized particles through diffusion.
Track etched membranes are been utilized for purification of drugs and various vaccines, clarification of fluids, bioassays, environmental analysis, microscopy, and also to test the bacterial quality control of food and water. Track etched membranes can also be used to clean rooms, water purification, and also for the analytical systems.
COVID-19 scenario analysis:
Pharmaceutical and biotech companies together with governments around the globe are working to address the COVID-19 outbreak, from supporting the development of vaccines to planning for medicines supply chain challenges. Currently, around 115 vaccine candidates and 155 molecules are in the R&D pipeline. Moreover, commonly used drugs such as Hydroxychloroquine have witnessed a dramatic surge in demand for the management of COVID-19. Such high demand for these drugs has presented huge opportunities for manufacturers of COVID-19 management drugs, as many developed countries are short of these drugs. Owing to the demand for vaccine and treatment drugs for COVID-19, the pharmaceutical and biotechnology industry is expected to witness a significant growth in the future.
Owing to such factors, COVID 19 is expected to have a significant impact on the Track etched Membrane market.
There has been an increase in the R & D investment in the pharmaceutical and biopharmaceutical industries the growing awareness for the purity of the drinking water are the major drivers of the market and are expected to grow the track etched membrane market positively.
There has also been an increase in the demand for therapeutics and the research is also increasing in the field, there have been advancements in the technologies and the mergers and acquisitions between public and private organizations and increasing adoption of track-etched membranes in the food industry are also boosting the growth of the track etched membrane market.
On the other hand, expensive production costs along with the limited supply of track etched membranes are hampering the market on a large scale.
High investments are required for the large-scale separation processes, strict rules and regulations in regards to the manufacturing of track-etched, stability is very restricted at high temperatures, and poor resistance to organic solvents.
On May 26th, 2020, Filtration Group acquired Oxyphen, who is an innovator in track-etched membranes. This has helped Oxyphen strengthen them in the field of life sciences, consumer, and industrial markets with their customized membrane solutions.
Pharmaceutical and biopharmaceutical industries are the major consumers of track-etched membranes and are manufacturing various generic drugs and the research has been growing on the developments of biological molecules.
Key benefits of the report:
Questions answered in the Track etched Membrane Market research report:
Track etched Membrane Market: Global Opportunity Analysis and Industry Forecast 2019–2027 Report Highlights
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Key Market Players | Danaher, Merck, Sterlitech, BRAND GMBH, GE Healthcare, Sarstedt, Corning, Zefon International., Oxyphen, Sartorius |
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