PUBLISHER: The Business Research Company | PRODUCT CODE: 1436315
PUBLISHER: The Business Research Company | PRODUCT CODE: 1436315
A gas separation membrane is employed when there exists a pressure disparity between the raw material inlet and the product outlet. Gases are separated based on membrane pore size, particle diameter, and other factors. Industries such as ammonia plants, petrochemical, and natural gas processing units utilize gas separation membranes for various applications, including the separation of gases such as hydrogen and nitrogen in ammonia plants, and hydrogen and hydrocarbon in petrochemical processes.
The primary types of gas separation membranes include polyimide and polyaramide, polysulfone, cellulose acetate, and other variants. Polyimide and polyaramide membranes are renowned for their exceptional thermal, chemical, and mechanical properties, as well as their membrane-forming capabilities. Specific types of polyimide-based membranes for gas separation include microporous polyimide membranes, hydroxyl-functionalized polyimide, and polyimide-based carbon molecular sieve membranes. Gas separation membrane modules come in different forms such as hollow fiber, spiral wound, plate and frame, among others. Applications for gas separation membranes encompass nitrogen generation, oxygen enrichment, hydrogen recovery, carbon dioxide removal, vapor/gas separation, vapor/vapor separation, air dehydration, and are utilized across various industries including chemical, oil and gas, electric power, food and beverages, and other end-users.
The gas separation membrane market research report is one of a series of new reports from The Business Research Company that provides gas separation membrane market statistics, including gas separation membrane industry global market size, regional shares, competitors with a gas separation membrane market share, detailed gas separation membrane market segments, market trends and opportunities, and any further data you may need to thrive in the gas separation membrane industry. This gas separation membrane market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The gas separation membrane market size has grown rapidly in recent years. It will grow from $2.07 billion in 2023 to $2.29 billion in 2024 at a compound annual growth rate (CAGR) of 10.4%. The expansion observed in the historical period can be attributed to industrial growth, environmental regulations, oil and gas exploration, environmental consciousness in manufacturing, and water treatment in addition to food and beverage processing.
The gas separation membrane market size is expected to see strong growth in the next few years. It will grow to $3.34 billion in 2028 at a compound annual growth rate (CAGR) of 9.9%. The anticipated growth in the forecast period can be attributed to hydrogen economy development, electronics manufacturing, air separation for industrial gases, the pulp and paper industry, increasing demand for clean energy, and waste-to-energy conversion. Major trends expected in the forecast period include polymer membrane technologies, carbon capture and storage (CCS), hollow fiber membranes, metal-organic framework (MOF) membranes, and air separation units (ASUs).
The gas separation membrane market is witnessing growth driven by the increasing demand for biogas. Biogas, a mixture of methane, carbon dioxide, and trace gases, is generated through the anaerobic decomposition of organic materials. With a rising focus on environmental safety and sustainable energy, biogas has become highly sought after. Gas separation membranes play a crucial role in biogas production. The World Biogas Association projects a tenfold increase in biogas production in the US by 2030, emphasizing the growing importance of gas separation membranes. Additionally, the International Energy Agency predicts that approximately 200 million individuals, especially in Africa, will transition from conventional biomass use to biogas by 2030, further driving the demand for gas separation membranes.
The gas separation membrane market is witnessing growth driven by the increasing number of chemical industries. Chemical industries involve the production, manufacturing, and processing of chemicals and chemical products. Gas separation membranes find applications in chemical industries for gas purification, hydrogen recovery, oxygen and nitrogen production, air separation, and more. According to IBISWorld's report in November 2023, there has been a 2.8% growth in the number of businesses engaged in manufacturing chemical products in the United States, reaching 3,880 businesses as of 2022. This surge in chemical industries is expected to boost the demand for gas separation membranes.
Major companies are concentrating on developing innovative solutions, such as CO2 mini module separators. These systems selectively capture and separate carbon dioxide (CO2) from gas mixtures, particularly in industrial processes, power plants, and emissions sources. For instance, in December 2021, UBE Industries Ltd., a Japan-based chemical manufacturing company, introduced the 'UBE CO2 Separator' mini module for lab-scale tests. This membrane technology plays a crucial role in upgrading biogas and contributes to the transition towards renewable energy sources.
Major companies are concentrating on developing innovative solutions, with a focus on nitrogen membrane systems. These systems are designed to separate nitrogen gas from gas mixtures through selective permeation. Air Products and Chemicals Inc., a U.S.-based gas and chemical company, introduced the 'PRISM InertPro' nitrogen membrane system in February 2023. Built on a flexible modular platform, this system caters to the energy, oil, and gas sector, offering versatile solutions for nitrogen generation across various industry applications.
In June 2021, Repligen Corporation, a US-based manufacturer of biological drugs, finalized the acquisition of Polymem S.A. for an undisclosed amount. This acquisition brings valuable core R&D, engineering, and manufacturing expertise in hollow fiber technology to Repligen, enhancing its capability in producing hollow fiber membranes and modules. Polymem S.A., based in France, is recognized for its expertise as a manufacturer of hollow fiber membranes and modules.
Major companies operating in the gas separation membrane market report are Schlumberger Limited, Evonik Industries AG, Parker-Hannifin Corporation, Air Liquide Advanced Separations, Atlas Copco AB, Air Products and Chemicals Inc., Celanese Corporation, DIC Corporation, W. L. Gore & Associates Inc., UBE Corporation, Honeywell UOP LLC, Chart Industries Inc., GKN Powder Metallurgy Ltd., Yantai Moon New Energy Materials Co. Ltd., Porvair Filtration Group Ltd., Membracon Incorporated, Xebec Adsorption Inc., Carbon Clean Solutions Limited, Generon IGS Inc., Zhejiang Yuanda Air Separation Equipment Co. Ltd., GRASYS JSC, Membrane Technology and Research (MTR) Inc., AMCS Corporation, PETROSEP Corporation, Advantec MFS Inc., AirSep Corporation, FUJIFILM Manufacturing Europe B.V., Fujian Uplion Chemical Co. Ltd., Tianjin Univtech Co. Ltd., Guangzhou Hanyang Bio-Technology Co. Ltd.
Asia-Pacific was the largest region in the gas separation membrane market in 2023. Asia-Pacific region is expected to be the fastest-growing region in the gas separation membrane market share during the forecast period. The regions covered in the gas separation membrane market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the gas separation membrane market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The gas separation membrane market consists of sales of polymeric membranes, inorganic membranes, and metallic membranes. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Gas Separation Membrane Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on gas separation membrane market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for gas separation membrane ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The gas separation membrane market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of covid 19 on supply chains and consumption patterns.