Global Gas Separation Membranes Market Projected To Attain USD 1933.2 Million by 2032

According to Zion Market Research, the global Gas Separation Membranes Market, estimating its value at USD 998.25 Million in 2023, with projections indicating that it will reach USD 1933.2 Million by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 7.62% over the forecast period 2024-2032. The surging demand for biogas in the budding nations and affordable membrane separation are the attributes that are boosting the progress of the market. Nevertheless, the strict policies on the plasticization of polymeric membranes are major restraints for the market expansion. The gas separations membranes are chiefly utilized in water & wastewater treatment, food & beverage processing, chemical processing, industrial gas processing, pharmaceutical & medical application, and other applications. The gas separation technology is highly energy-efficient and more cost-effective compared to conventional technologies such as absorption, cryogenic distillation, and adsorption.

Some of the key players in this market Air Liquide Advanced Separations, Honeywell UOP, Air Products and Chemicals, Inc., Schlumberger Ltd., Fujifilm Manufacturing Europe B.V., DIC Corporation, Ube Industries Ltd., Membrane Technology and Research, Inc., Parker Hannifin Corporation, Generon IGS, Inc. These firms have adopted different inorganic and organic growth tactics amid 2017–2019 to reinforce their positions in the market. The key players adopted both organic and inorganic growth strategies to enhance their local presence and fulfill the rising demand for gas separation membranes from developing economies.

Rising Demand To Drive Up The Global Gas Separation Membranes Market

The worldwide gas separation membranes market is witnessing growth owing to the surge in demand from different end user applications. Since energy price goes up, the gas separation membrane technology is projected to play a key role in lowering the environmental impact and expenditure of industrial processes. The gas separations membranes are broadly utilized in food & beverage processing, pharmaceutical & medical application, water & wastewater treatment, industrial gas processing, chemical processing, and other applications. Furthermore, in comparison to the conservative separation technologies like absorption, cryogenic distillation, and adsorption, the industrial focus is now on the implementation of membrane-based gas separation.

The global gas separation membranes market is segmented based on material type, module type, applications, and geography. Based on the material type, the market is divided into cellulose acetate, polysulfone, polyimide & polyaramide, and others. The “others” material type consists of silicone rubber, polyether, polyphenylene oxide, polyethylene, polycarbonate, polydimethylsiloxane, polystyrene, ethyl cellulose, and perfluoropolymers. Based upon the module type, the market is segmented as hollow fiber, spiral wound, plate, frame, and others (tubular & capillary). Based on the application, the market is categorized in hydrogen recovery, air dehydration, vapor/gas separation, carbon dioxide removal, vapor/vapor separation, nitrogen generation & oxygen enrichment, and others (natural gas dehydration, hydrocarbons recovery, sulfur removal, sour gas treating, and helium separation & recovery).

Asia Pacific Estimated To Be The Biggest Gas Separation Membranes Market During 2024-2032

The growth in gas separation membranes market across the Asia Pacific region is predicted to record the highest CAGR throughout 2019–2025. This growth is driven chiefly by the higher demand for removal of carbon dioxide from reservoirs, rising demand for freshwater & sanitation, surging urbanization, and advancing the lifestyle. The high development and innovation, with industrial consolidations, are anticipated to lead to the fast growth of the market across the Asia Pacific region.

Browse the full “Gas Separation Membranes Market - Segmented By Material Type (Cellulose Acetate, Polysulfone, Polyimide & Polyaramide, Others), Module Type (Hollow Fiber, Spiral Wound, Plate, Frame, Others), Applications (Nitrogen Generation & Oxygen Enrichment, Air Dehydration, Vapor/Gas Separation, Carbon Dioxide Removal, Hydrogen Recovery, Vapor/Vapor Separation, Others), And Geography - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024-2032.” Report at https://www.zionmarketresearch.com/report/gas-separation-membranes-market

The global gas separation membranes market is been segmented as follows:

Based on material type, as follows:

• Polyimide & polyaramide
• Cellulose acetate
• Polysulfone
• Others (polyether, polyethylene, silicone rubber, polyphenylene oxide, polycarbonate, perfluoropolymers, polystyrene, polydimethylsiloxane, and ethyl cellulose)

Based on module type:

• Spiral wound
• Hollow fiber
• Plate and frame
• Others (Capillary and Tubular)

Based on the application:

• Carbon dioxide removal
• Hydrogen recovery
• Vapor/vapor separation
• Nitrogen generation & oxygen enrichment
• Vapor/gas separation
• Air dehydration
• Others (sour gas treating, natural gas dehydration, sulfur removal, hydrocarbons recovery, and helium separation & recovery)

By region:

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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