Nano Bubbles Market - Forecast(2024 - 2030)

The Nano Bubbles Market size is forecast to reach USD 134.23 Million by 2029, after growing at a CAGR of 7.45% during 2024-2029. The major driving forces of this market are increasing incidences of chronic diseases owing to sedentary lifestyles; substantial investments by pharmaceutical companies in the development of medicines; and the implementation of new techniques such as nanotechnology. For instance, according to the World Health Organization, by around 2050, chronic diseases such as cardiovascular diseases, cancer, diabetes, and respiratory illnesses will account for 86% of the 90 million deaths each year: a staggering 90% increase in absolute numbers, since 2019. However, the major challenges currently faced by the biopharmaceutical industry are the side effects of drugs; and developing environmental-friendly manufacturing processes.

The report “Nano Bubbles Market– Forecast (2024-2029)”, by IndustryARC, covers an in-depth analysis of the following segments of the Nano Bubbles market.

By Technology: Nanoparticle Tracking Analysis (NTA), Micro Flotation, Nanoscopic Gaseous, Oxygenated Nannobubbles Technology, and Micro and Nanobubble Technology.

By Monitoring: pH, ORP, Temperature, Conductivity, DO, Chlorophyll-A.

By Application: Agriculture and Horticulture, Aquaculture, Wastewater, Gas, Mining, Drug Delivery & Gene Therapy, Virus & Vaccines, Biotherapeutics, Sterilization, Others.

By Geography:  North America, Europe, Asia-Pacific, Latin America, MENA, Rest of the World. 

● North America is the world's largest market for nanobubbles, with a leading market share of 49.0% in 2023. The nanobubbles market is projected to grow with a CAGR of 6.70% from 2024 to 2029 with a market size of $43.66 million in 2023 and $63.09 billion in 2029 owing to significant industrial growth in the region. 

● The market for nano bubbles is expanding quickly because of the rising demand in several sectors, including food and beverage, wastewater treatment, cosmetics, agriculture, and pharmaceuticals. The market for nanobubbles is expanding throughout the Asia-Pacific region, but demand and adoption rates vary amongst nations for various reasons, including economic development, governmental regulations, and industrial goals. Asia-Pacific is projected to grow with the fastest CAGR of 8.05% with a market size of $25.84 million in 2023 and $40.27 million in 2029.

● Based on applications, Water and Wastewater held the major market share of 46% in 2023. Financial Express predicts that India would experience catastrophic water scarcity by 2030, with demand for water twice as high as availability. Long-term demand for these water treatment systems is expected to increase due to the scarcity of water for domestic and industrial use.

Oxygenated Nannobubbles Technology dominated the Nano Bubbles Market in 2023. The technology of oxygenated microbubbles is well-known for its exceptional efficacy in providing oxygen to a range of applications, including agriculture, aquaculture, and water treatment. It is a recommended option for raising oxygen levels in aquatic environments and promoting oxygenation in wastewater treatment due to its efficient capacity to dissolve oxygen in water. The applications of this technology are highly versatile. Numerous businesses, including as agriculture, aquaculture, food and beverage, and environmental cleanup, can make use of it. Its prominence in the nanobubbles industry is partly attributed to its adaptability. The efficiency, efficacy, and industry applicability of oxygenated nano bubble technology have improved as a result of ongoing innovation and research in the sector. Its supremacy in the nanobubbles industry is further cemented by this continuous development.

pH dominated the Nano Bubbles Market in 2023. Water quality and environmental laws are becoming increasingly strict, driving need for effective pH adjustment solutions. For example, in regions with tight industrial discharge restrictions, industries require effective pH adjustment procedures to meet the norms. Nano bubble technology provides a long-term and effective pH adjustment option for wastewater treatment plants. With increased global awareness of water scarcity issues, enterprises are under pressure to maximize water use and reduce waste. Nano bubbles can improve the efficiency of water treatment operations, such as pH adjustment, resulting in lower water use. For example, in agriculture, nano bubble technology can be used to modify the pH of irrigation water, ensuring optimal plant development while reducing water use.

Water and Waste Water dominated the Nano Bubbles Market in 2023. Nano bubbles are more efficient in water treatment procedures because of their small size and large surface area, which allows for better oxygenation, disinfection, and pollutant removal.  To satisfy quality standards, new water treatment technologies are required, as environmental restrictions become increasingly demanding. Nano bubbles offer a sustainable wastewater treatment option by lowering the demand for chemicals and energy use. For example, in the aquaculture business, nano bubbles are employed to increase dissolved oxygen levels in fish farms. By injecting water with nano bubbles, fish farmers can improve oxygen transfer efficiency, resulting in healthier fish populations and higher output. This technology not only improves water quality, but it also decreases the need for traditional aeration methods, which saves money and benefits the environment.

North America Nano Bubbles Market generated a revenue of $43.66 Million in 2023 and is projected to reach a revenue of $63.09 Million by 2029 growing at a CAGR of 6.70% during 2024-2029. Several significant drivers are driving the North American Nano Bubbles market, including technical developments, increased demand for wastewater treatment solutions, and developing applications in industries such as healthcare, food and beverage, agriculture, and cosmetics. One of the real-time examples demonstrating the drivers of the Nano Bubbles market in North America is the growing emphasis on sustainable water treatment solutions. Nano Bubbles technology is a promising solution to water treatment, notably for eliminating toxins and increasing water quality. With growing worries about water scarcity and pollution, industry and municipalities are looking for new solutions, such as Nano Bubbles, to improve their water treatment operations.

One of the primary drivers of the nanobubbles market is the substantial research being conducted to investigate the uses of nanobubbles in various industries. R&D studies are being done to better understand how nanobubbles can improve water and wastewater treatment processes, agricultural irrigation efficiency, and cleaning technology efficacy. For example, in 2023, the Yield Lab, DeepIE Ventures, Growing Capital, and other venture capital investors contributed €900,000 ($976,635) to NanobOx's first round of investment. This cash will help with fisheries manufacturing and field testing, allowing the product to go on sale in 2024 as planned. The increase in investments and funding has resulted in an increase in research and development.

● Growing Environmental Concerns    

 

Nano bubbles can improve water quality by increasing oxygen levels while lowering contaminants including bacteria, viruses, and chemical substances. This method has uses in wastewater treatment, aquaculture, and agriculture, where it enables effective nutrient delivery, disease management, and increased crop yield. Nano bubbles play an important part in cleanup procedures. They have the ability to remove dangerous substances such as heavy metals and oil from polluted settings. Contaminants can be caught and removed using Nanobubbles, helping to restore ecosystems and reduce environmental damage. Furthermore, nanobubbles have showed potential in lowering energy consumption and enhancing efficiency across a variety of industries. For example, in the sector of cleaning and sanitation, the use of Nanobubbles can result in significant savings in water and chemical usage.

The lack of understanding presents various problems to the Nano bubbles business. First, potential buyers may be uninformed of the technology and its benefits. This results in limited market demand since individuals may pick traditional ways before realizing the enhanced capabilities of nanobubbles. A lack of understanding has an impact on investments and financing for research and development in the Nano bubble sector. Investors and financial organizations may be hesitant to fund projects involving a technology they are unfamiliar with, resulting in limited resources for progress and innovation. Furthermore, a lack of awareness impedes the adoption and regulation of Nanobubbles. Without a thorough understanding and knowledge, policymakers may struggle to develop appropriate laws and standards for their safe and successful application across a wide range of businesses.

The application of nanobubble technologies incurs specific costs, which represent barriers to market acceptance. To begin, the expenditures of developing effective nanobubble generators and delivery systems can be significant. Designing equipment capable of creating a large concentration of stable nanobubbles needs advanced technology and experience, which increases development costs.

Furthermore, the production costs of nanobubble equipment and materials might be rather costly. Manufacturing the specialized generators, sensors, and control mechanisms required for creating and sustaining nanobubbles can raise the overall cost of implementation. Furthermore, installing and integrating nanobubble systems into existing infrastructure or processes can be a difficult and expensive undertaking, particularly in large-scale applications. Retrofitting or upgrading existing systems to use nano bubble technology necessitates meticulous planning, engineering considerations, and maybe additional expenses.

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Nano Bubbles market. In 2023, the Nano Bubbles Market share has been consolidated by the top ten players accounting for 70.77% of the share. Major players in the Nano Bubbles Market are Nano Gas Tech., Molear, Inc, Kran Nano bubbles, Filtoflex, and others.

● On Nov 07, 2023, Nano Gas Environmental has partnered with Easy Modular Manufacturing to introduce nanobubble technology to worldwide markets. EMM is developing the next generation of automated nanobubble producers. Nano Gas intends to utilize the first unit for a full-scale funded pilot in the oil business, while EMM intends to use the second unit for environmental advantages on golf and agricultural lagoons.

● On July 14, 2023, ACNITI LLC, situated in Osaka, Japan, specialises in the development and production of nanobubble technology systems, has announced an agreement with Vsquare Holding B.V., based in Vollenhove, the Netherlands. VSquare will offer the products under their brand and idea name, nanobubble solutions.

● On October 18, 2023, Moleaer, the global leader in nanobubble technology, is establishing a new production facility in Almería, Spain, to provide innovative solutions to local greenhouses and farms, as well as customers throughout Europe. Moleaer has joined forces with Spain’s biggest organic producer, BS Nature, to provide access to Moleaer’s nanobubble technology throughout one of Europe’s most significant agriculture areas. The Company's unique nanobubble technology assists producers in improving water utilisation, lowering expenses, and increasing crop yields.