Global Gas Separation Membrane Market by Module, Material Type, Application and Region, Forecast to 2030: A Forecasted $1.6 Billion Opportunity, Driven by the Rising Demand for Clean Energy
Global Gas Separation Membrane Market
Dublin, April 30, 2024 (GLOBE NEWSWIRE) -- The "Global Gas Separation Membrane Market by Module, Material Type, Application (Nitrogen Generation & Oxygen Enrichment, Hydrogen Recovery, CDR, Vapor/Gas Separation, Vapor/Vapor Separation, Air Dehydration, H2S Removal), and Region - Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
The global gas separation membrane market is projected to reach USD 1.6 billion by 2030 from USD 1 billion in 2023, at a CAGR of 7.4% during the forecast period. The growing demand for clean energy is driving the increased adoption of gas separation membranes. This technology encompasses diverse methods and processes designed to separate various gases from mixtures based on distinctive properties including size, solubility, chemical reactivity, or molecular weight. Gas separation technology finds extensive applications across a spectrum of industries, playing a vital role in processes such as gas purification, environmental conservation, energy generation, and healthcare.
Premium Insights
Rapid Industrialization and Emerging Economies to Drive Gas Separation Membrane Market in Asia-Pacific During Forecast Period
Plate and Frame Module to Hold Largest Share of Gas Separation Membrane Market in 2030
Polyimide & Polyaramide Material Type to Lead Gas Separation Membrane Market in 2030
Carbon Dioxide Removal Application to Capture Largest Share of Gas Separation Membrane Market in 2030
India to Register Highest CAGR in Gas Separation Membrane Market During Forecast Period
Market Dynamics
Drivers
Growing Need for Membranes in Carbon Dioxide Separation Processes
Rising Demand for Membranes in Nitrogen Generation and Syngas Cleaning
Increasing Implementation of Environmental Regulations and Stringent Emission Standards
Restraints
Technical Disadvantages Compared to Alternative Gas Separation Technologies
Plasticization of Polymeric Membranes in High-Temperature Applications
Opportunities
Rising Demand for Clean Energy
Development of Mixed Matrix Membranes
Challenges
Upscaling and Commercializing New Membranes
Requirement for High Initial Investment for Development and Installation of Polymeric Membranes for Separation
Research Coverage
This report provides detailed segmentation of the gas separation membrane market and forecasts its market size until 2030. The market has been segmented based on type (polyimide & polyaramide, polysulfone, cellulose acetate), module (spiral wound, hollow fiber, plate & frame), application (nitrogen generation & oxygen enrichment, hydrogen recovery, carbon dioxide removal, vapor / gas separation, vapor / vapor separation, air dehydration, H2S), and region (North America, Europe, Asia Pacific, Middle East & Africa, and South America).
A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, new product launches, expansions, and mergers & acquisitions associated with the market for the gas separation membrane market. The key players in the gas separation membrane market are Air Liquide (France), Air Products and Chemicals, Inc. (US), UBE Corporation. (Japan), Honeywell UOP (US), FUJIFILM Manufacturing Europe B.V. (Netherlands), SLB (US), DIC Corporation (Japan), PARKER HANNIFIN CORPORATION (US), Membrane Technology and Research, Inc. (US), and Generon (US) among others.
Key Attributes
Report Attribute | Details |
No. of Pages | 257 |
Forecast Period | 2023-2030 |
Estimated Market Value (USD) in 2023 | $1 Billion |
Forecasted Market Value (USD) by 2030 | $1.6 Billion |
Compound Annual Growth Rate | 7.4% |
Regions Covered | Global |
Technology Analysis
Pressure Swing Adsorption (PSA) Technology
Membrane Condenser Technology
Mixed Matrix Membrane
Case Study Analysis
Air Products Provided Gas Separation Membrane Technology to Oil Field for Methane Extraction
Honeywell Uop's Separex Membrane Technology Used for Natural Gas Processing to Adhere to Stringent Purity Standards and Transportation Regulations
Fujifilm Corporation's Fujifilm Apura Gas Separation Membranes Offer Efficient and Long-Lasting Natural Gas Treatment
Companies Featured
Theway Membranes
Air Liquide
Air Products and Chemicals, Inc.
Honeywell Uop
Ube Corporation
Parker Hannifin Corporation
Fujifilm Manufacturing Europe B.V.
Dic Corporation
Generon
Membrane Technology and Research, Inc.
Slb
Airrane
Atlas Copco Ab
Evonik Industries AG
Borsig Membrane Technology GmbH
Compact Membrane Systems
Cobetter Filtration Equipment Co. Ltd.
Genrich Membranes Pvt. Ltd.
Jsc Grasys.
Conifer Systems
Megavision Membrane
Novamem
Permselect
Pervatech
Sepratek
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