Gas Separation Membranes Market- Global Industry Analysis and Forecast (2022-2029)

Gas Separation Membranes Market size was valued at US$ 900 Mn. in 2021 and the total revenue is expected to grow at a CAGR of 6.7% from 2022 to 2029, reaching nearly US$ 1512.02 Mn.

Gas Separation Membranes Market Overview:

Gas Separation Membranes Market is expected to reach US$ 1512.02 Mn. by 2029. Gas separation over a membrane is a pressure-driven process, with the difference in pressure between the raw material inlet and the product outlet acting as the driving force. Because the membrane employed in the process is normally non-porous, there will be no significant leakage of gas through it. This report focuses on the different segments of the Gas Separation Membranes market (Material, Application, and Region). This report examines the major market players and regions in depth (North America, Asia Pacific, Europe, Middle East & Africa, and South America). It's a thorough examination of today's quick advances in a variety of sectors. Facts and figures, visualisations, and presentations are utilised to demonstrate the core data analysis from 2017 through 2021. The market drivers, restraints, opportunities, and challenges for Gas Separation Membranes are examined in this report. The MMR report's investment suggestions are based on a thorough examination of the current competitive environment in the Gas Separation Membranes market.Global Gas Separation Membranes MarketTo know about the Research Methodology :- Request Free Sample Report

Gas Separation Membranes Market Dynamics:

Biogas demand is on the rise Biogas is a by-product of the anaerobic digestion of energy crops and organic leftovers, which is used to make biodiesel and ethanol. Methane produced by crop decaying and organic wastes can be burned as gas or transformed into energy. Biogas has the potential to be a versatile energy carrier that can meet the growing demand for power, heating, and fuel. Methane, CO2, and traces of hydrogen sulphide, ammonia, hydrogen, nitrogen, carbon monoxide, and oxygen biogas are among the gases extracted from biomass. Increasing public awareness of the dangerous effects of greenhouse gas (GHG) emissions on the environment is expected to aid in the global growth of biomass-producing plants. The production of biofuel contributes to the elimination of the problem of dumpsites and landfills, which is expected to have a positive impact on biogas consumption. Biogas will see an increase in demand during the forecast period as a result of its benefits, which will push the development of gas separation membrane technology to separate various gases from biogas. Membranes are in higher demand in carbon dioxide separation operations One of the most important applications of gas separation membranes in numerous sectors is the separation of carbon dioxide from gas streams. It's utilised in gas sweetening (also known as natural gas purification), increased oil recovery, and biogas purification. The elimination of carbon dioxide from natural gas is the most typical application for gas separation membranes, followed by increased oil recovery. Carbon dioxide is an acidic gas present in natural gas in high amounts. It becomes extremely corrosive when combined with water, corroding pipelines and equipment. It also has an impact on the heating value of natural gas and pipeline capacity. Liquefied natural gas (LNG) plants must remove carbon dioxide to prevent low-temperature chillers from freezing. As a result, removing carbon dioxide is a critical separation process for improved natural gas transmission and processing. In high-temperature applications, plasticization of polymeric membranes is necessary The market for gas separation membranes is dominated by polymeric membranes. These membranes, however, cannot be employed in high-temperature applications due to the risk of plasticization. Plasticization alters membrane structure, resulting in decreased selectivity and performance. This problem is most commonly encountered in the natural gas sweetening application, which is one of membrane-based gas separation technology's fastest-growing applications. Condensable gas sorption causes the molecular chain in the polymer to rearrange, resulting in limited selectivity and increased methane loss. This reduces the membrane system's competitiveness against traditional amine absorption columns. Despite the fact that inorganic membranes do not plasticize at high temperatures, they are still in the research and development stage and have yet to be marketed. As a result, the use of gas separation membranes in high-temperature applications is limited due to plasticization in polymeric membranes. Membranes with a heterogeneous matrix are being developed Due to the economic competitiveness and constraints posed by the severe conditions in which gas separating membranes operate, end users seek durable membrane materials with improved selectivity and permeability at lower costs. Inorganic membrane research and development (ceramic, silica glass, and zeolites) has been on the rise in recent years. However, preparing these membranes costs three times as much as manufacturing polymeric membranes. Mixed matrix membranes, which combine homogeneously interpenetrating polymeric matrices for ease of processing and inorganic particles for excellent permeability and selectivity, are being developed as a cost-effective alternative. Polymeric materials are combined with zeolites or other molecular sieve media to create these membranes. In comparison to traditional inorganic membranes, these hybrid materials have a lower cost and better mechanical qualities.

Gas Separation Membranes Market Segment Analysis:

The Gas Separation Membranes Market is segmented by Material, and Application. Based on the Material, the market is segmented into Polyimide & Polyaramide, Polysulfone, Cellulose Acetate, and others. Polyimide & Polyaramide material segment is expected to hold the largest market share of xx% by 2029. Because of its exceptional selectivity and permeability, chemical and thermal stability, mechanical strength, and film forming properties. Polyimide and polyaramide are a major, well-established, and commercialised class of polymers due to their exceptional physical and chemical properties. It's been widely employed in gas separation membrane manufacture, especially for upgrading natural gas and removing acidic CO2 from industrial off-gases. It is frequently used in CO2 recovery during oil recovery, oxygen and nitrogen separation from air, and natural gas sweetening due to advantages such as facile fractionation and inexpensive production costs. Based on the Application, the market is segmented into Nitrogen Generation & Oxygen Enrichment, Hydrogen Recovery, Carbon dioxide Removal, Vapor/Gas Separation, Vapor/Vapor Separation, and Others. Carbon dioxide Removal segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2022-2029. Carbon dioxide is a frequent component of natural gas, and it must be separated in order to meet pipeline or other specifications. Carbon dioxide must also be isolated from exhaust gas streams before transportation and storage in carbon capture and storage (CCS) operations. Membrane gas separation technology is one of the most effective methods for removing carbon dioxide because it is more compact, energy-efficient, and potentially more cost-effective than traditional methods like solvent absorption. The presence of reservoirs and rising shale gas demand are driving demand for carbon dioxide removal, which is driving demand for gas separation membranes in the carbon dioxide removal application even higher.

Gas Separation Membranes Market Regional Insights:

Asia Pacific region is expected to dominate the Gas Separation Membranes Market during the forecast period 2022-2029. Asia Pacific region is expected to hold the largest market share of xx% by 2029. This is due to increasing industrialization in the region, which drives market growth. Market growth is expected to be driven by increased attention on CO2 reduction and rising biogas consumption in countries such as Indonesia, China, and India. The demand for carbon dioxide removal from reservoirs, increased demand for sanitation and freshwater, increased urbanisation, and a higher standard of living are all driving this growth. The market in the region is expected to grow rapidly as a result of rapid growth and innovation, as well as industry consolidations. However, in China, the oil and gas industry is one of the most important users of gas separation membranes. Over the last two decades, China has been investing to boost its refining capacity in response to its increasing economy. Furthermore, China has consistently increased its refining capacity for all types of crudes over a lengthy period of time. According to the Institute for Energy Research, China's refining capacity is expected to reach 20 million barrels by the end of 2025, resulting in a surge in demand for gas separation membranes during the forecast period. The objective of the report is to present a comprehensive analysis of the Global Gas Separation Membranes Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Global Gas Separation Membranes Market dynamic and structure by analyzing the market segments and projecting the Global Gas Separation Membranes Market size. Clear representation of competitive analysis of key players by Distribution Channel, price, financial position, product portfolio, growth strategies, and regional presence in the Gas Separation Membranes Market make the report investor’s guide.

Gas Separation Membranes Market Scope: Inquiry Before Buying

Global Gas Separation Membranes Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2029
Historical Data: 2017 to 2021 Market Size in 2021: US $ 900 Mn.
Forecast Period 2022 to 2029 CAGR: 6.7% Market Size in 2029: US $ 1512.02 Mn.
Segments Covered: by Material • Polyimide & Polyaramide • Polysulfone • Cellulose Acetate • others
by  Application • Nitrogen Generation & Oxygen Enrichment • Hydrogen Recovery • Carbon dioxide Removal • Vapor/Gas Separation • Vapor/Vapor Separation • Others

Gas Separation Membranes Market, by Region

• North America • Europe • Asia Pacific • South America • Middle East and Africa

Gas Separation Membranes Market Key Players are:

Air Products and Chemicals Inc. • Air Liquide Advanced Separations LLC • UBE Industries Ltd. • Schlumberger Ltd • Fujifilm Manufacturing Europe B.V. • Parker-Hannifin Corporation • Membrane Technology and Research Inc. • DIC Corporation • Honeywell International (Honeywell UOP) • Evonik Industries • Mahler AGS • Atlas Copco AB • GENERON LLC • GRASYS JSC • GMT Membrantechnik GmbH Frequently Asked Questions: 1] Which region is expected to hold the highest share in the Gas Separation Membranes Market? Ans. Asia Pacific is expected to hold the highest share in the Gas Separation Membranes Market. 2] Who are the top key players in the Gas Separation Membranes Market? Ans. Air Products and Chemicals Inc., Air Liquide Advanced Separations LLC, UBE Industries Ltd., Schlumberger Ltd, and Fujifilm Manufacturing Europe B.V. are the top key players in the Gas Separation Membranes Market. 3] Which segment is expected to hold the largest market share in the Gas Separation Membranes Market by 2029? Ans. Polyimide & Polyaramide material segment is expected to hold the largest market share in the Gas Separation Membranes Market by 2029. 4] What is the market size of the Gas Separation Membranes Market by 2029? Ans. The market size of the Gas Separation Membranes Market is expected to reach US $1512.02 Mn. by 2029. 5] What was the market size of the Gas Separation Membranes Market in 2021? Ans. The market size of the Gas Separation Membranes Market was worth US $900 Mn. in 2021.
1. Global Gas Separation Membranes Market: Research Methodology 2. Global Gas Separation Membranes Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to the Global Gas Separation Membranes Market 2.2. Summary 2.1.1. Key Findings 2.1.2. Recommendations for Investors 2.1.3. Recommendations for Market Leaders 2.1.4. Recommendations for New Market Entry 3. Global Gas Separation Membranes Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12 COVID-19 Impact 4. Global Gas Separation Membranes Market Segmentation 4.1 Global Gas Separation Membranes Market, by Material (2021-2029) • Polyimide & Polyaramide • Polysulfone • Cellulose Acetate • others 4.2 Global Gas Separation Membranes Market, by Application (2021-2029) • Nitrogen Generation & Oxygen Enrichment • Hydrogen Recovery • Carbon dioxide Removal • Vapor/Gas Separation • Vapor/Vapor Separation • Others 5. North America Gas Separation Membranes Market (2021-2029) 5.1 North America Gas Separation Membranes Market, by Material (2021-2029) • Polyimide & Polyaramide • Polysulfone • Cellulose Acetate • others 5.2 North America Gas Separation Membranes Market, by Application (2021-2029) • Nitrogen Generation & Oxygen Enrichment • Hydrogen Recovery • Carbon dioxide Removal • Vapor/Gas Separation • Vapor/Vapor Separation • Others 5.3 North America Gas Separation Membranes Market, by Country (2021-2029) • United States • Canada • Mexico 6. Europe Gas Separation Membranes Market (2021-2029) 6.1. Europe Gas Separation Membranes Market, by Material (2021-2029) 6.2. Europe Gas Separation Membranes Market, by Application (2021-2029) 6.3. Europe Gas Separation Membranes Market, by Country (2021-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Gas Separation Membranes Market (2021-2029) 7.1. Asia Pacific Gas Separation Membranes Market, by Material (2021-2029) 7.2. Asia Pacific Gas Separation Membranes Market, by Application (2021-2029) 7.3. Asia Pacific Gas Separation Membranes Market, by Country (2021-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. South America Gas Separation Membranes Market (2021-2029) 8.1. South America Gas Separation Membranes Market, by Material (2021-2029) 8.2. South America Gas Separation Membranes Market, by Application (2021-2029) 8.3. South America Gas Separation Membranes Market, by Country (2021-2029) • Brazil • Argentina • Rest Of South America 9. Middle East and Africa Gas Separation Membranes Market (2021-2029) 9.1 Middle East and Africa Gas Separation Membranes Market, by Material (2021-2029) 9.2. Middle East and Africa Gas Separation Membranes Market, by Application (2021-2029) 9.3. Middle East and Africa Gas Separation Membranes Market, by Country (2021-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 10. Company Profile: Key players 10.1 Air Products and Chemicals Inc. 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2 Air Liquide Advanced Separations LLC 10.3 UBE Industries Ltd. 10.4 Schlumberger Ltd 10.5 Fujifilm Manufacturing Europe B.V. 10.6 Parker-Hannifin Corporation 10.7 Membrane Technology and Research Inc. 10.8 DIC Corporation 10.9 Honeywell International (Honeywell UOP) 10.10 Evonik Industries 10.11 Mahler AGS 10.12 Atlas Copco AB 10.13 GENERON LLC 10.14 GRASYS JSC 10.15 GMT Membrantechnik GmbH

About This Report

Report ID 2539
Category Material & Chemical
Published Date DEC 2022
Updated Date
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