The Gas Separation Membranes Market Size was valued at USD 1.13 billion in 2022, and expected to reach USD 1.93 billion by 2030, and grow at a CAGR of 6.9% over the forecast period 2023-2030. Gas separation membrane methods are used in industrial processes where organic compounds and waste streams must be eliminated in order for industrial operations to run efficiently and industrial equipment to last as long as possible. Acid gases generated by companies are particularly corrosive, corroding pipelines and interfering with industrial processes. The separating procedure is extremely significant in the processing of natural grasses. In recent years, manufacturers have been producing long-lasting membrane materials with improved selectivity and permeability at an affordable selling price, which has fueled the expansion of the Gas separation membrane market. Gas separation membranes are also thought to be the least expensive on the market when compared to other polymeric membranes. Furthermore, the strict rules established by the governments of numerous nations in terms of monitoring and managing carbon dioxide emissions are aiding the overall growth of the gas separation membrane business.
Get more information on Gas Separation Membranes Market - Request Sample Report
Drivers:
Membranes are in higher demand in carbon dioxide separation processes.
Demand for Nitrogen Generation and Syngas Cleaning is Growing
Biogas Demand Is Growing
Restraints:
Disadvantages Compared to Other Gas Separation Technologies
In high-temperature applications, polymeric membranes are plasticized.
Opportunity:
Membranes with Mixed Matrix Structures are being developed.
The growing investment in gas separation membranes and the availability of low-cost modules
Challenge:
Commercializing and Upscaling New Membranes
New technologies are being used more and more quickly.
During the lockdown, factories and plants in the automotive, metal processing, oil and gas, electronics, and aerospace industries stopped making things for a short time. China is the main source of raw materials for most industries. . These sectors have been severely harmed by government restrictions on the number of people who can congregate in one place. For example, the virus has had a significant impact on the manufacturing industry. Manufacturing and production operations in the automotive, metal processing, oil and gas, electronics, and aerospace industries were all temporarily halted during the lockdown. China is the primary source of raw materials for the majority of industries. So, disruptions in the supply chain have had a big effect on industrial output. The pandemic had caused the world economy to decline. COVID-19's impact on all industries will last as long as the pandemic does. Investment losses, cash shortages, labour shortages, supply chain bottlenecks, and overall global economic instability are all impacting the industrial sector's growth. Many countries, notably India, China, and the United States, have opened their economies in recent months, and industrial activity have restarted, albeit with a limited workforce and resources. As most economies have opened, industrial output is projected to rebound. COVID-19 had a negative influence on the sales volume of gas separation membrane producers in the first and second quarters of 2020. Major market firms are reducing the risk by concentrating on local management and pursuing unexplored market prospects.
By Material Type
Polyimide & Polyaramide
Polysulfone
Cellulose Acetate
Others
By Application
Nitrogen Generation & Oxygen Enrichment
Hydrogen Recovery
Carbon dioxide Removal
Vapor/Gas Separation
Vapor/Vapor Separation
Air Dehydration
Others
By End-User Industry
Chemical
Oil and gas industry
Electric power
Food and beverages
Others
Get Customized Report as per your Business Requirement - Request For Customized Report
Due to the rising use of gas separation membranes in sectors to control CO2 emissions, the Asia-Pacific region currently has the largest market share in the gas separation membrane industry. Because the Asia-Pacific region has so many industries, there is a greater need to reduce CO2 emissions. Furthermore, strict rules governing gas emission management are boosting the overall expansion of the gas separation membrane business. Due to the increased industrial operations, there was also a demand for cost-effective and energy-efficient procedures across the region.
European countries, on the other hand, are rapidly adopting gas separation membranes for industrial processes, as the country adheres to strict environmental rules.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
Generon LLC., Evonik Industries, Parker Hannifin Corporation, Air Products and Chemicals, Inc., Schlumberger Ltd., Membrane Technology and Research Inc., Ube Industries Ltd., Honeywell UOP, DIC Corporation, Air Liquide Advanced Separation, Fujifilm Manufacturing Europe B.V., Atlas Copco AB, Generon LLC, and other players.
Report Attributes | Details |
---|---|
Market Size in 2022 | US$ 1.13 Billion |
Market Size by 2030 | US$ 1.93 Billion |
CAGR | CAGR of 6.9% From 2023 to 2030 |
Base Year | 2022 |
Forecast Period | 2023-2030 |
Historical Data | 2020-2021 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Material Type (Polyimide & Polyaramide, Polysulfone, Cellulose Acetate, Others) • By Application: (Nitrogen Generation & Oxygen Enrichment, Hydrogen Recovery, Carbon dioxide Removal, Vapor/Gas Separation, Vapor/Vapor Separation, Air Dehydration, Others) • By end-user industry: (Chemical , Oil and gas industry, Electric power, Food and beverages, Others) |
Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
Company Profiles | Generon LLC., Evonik Industries, Parker Hannifin Corporation, Air Products and Chemicals, Inc., Schlumberger Ltd., Membrane Technology and Research Inc., Ube Industries Ltd., Honeywell UOP, DIC Corporation, Air Liquide Advanced Separation, Fujifilm Manufacturing Europe B.V., Atlas Copco AB, Generon LLC, and other players. |
DRIVERS | • Membranes are in higher demand in carbon dioxide separation processes. • Demand for Nitrogen Generation and Syngas Cleaning is Growing • Biogas Demand Is Growing |
Restraints | • Disadvantages Compared to Other Gas Separation Technologies • In high-temperature applications, polymeric membranes are plasticized. |
Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.
Ans: Generon LLC., Evonik Industries, Parker Hannifin Corporation, Air Products and Chemicals, Inc., Schlumberger Ltd., Membrane Technology and Research Inc., Ube Industries Ltd., Honeywell UOP, DIC Corporation, Air Liquide Advanced Separation, Fujifilm Manufacturing Europe B.V., Atlas Copco AB and Generon LLC.
Ans: Membranes are in higher demand in carbon dioxide separation processes, Demand for Nitrogen Generation and Syngas Cleaning is Growing and Biogas Demand Is Growing are the drivers for Gas Separation Membranes Market .
Ans: Gas separation membrane methods are used in industrial processes where organic compounds and waste streams must be eliminated in order for industrial operations to run efficiently and industrial equipment to last as long as possible.
Ans: Gas Separation Membranes Market Size was valued at USD 1.06 billion in 2021, and expected to reach USD 1.70 billion by 2028, and grow at a CAGR of 6.9 % over the forecast period 2022-2028.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8.Gas Separation Membranes Market Segment, By Material Type:
8.1 Polyimide & Polyaramide
8.2 Polysulfone
8.3 Cellulose Acetate
8.4 Others
9.Gas Separation Membranes Market Segment, By Application:
9.1 Nitrogen Generation & Oxygen Enrichment
9.2 Hydrogen Recovery
9.3 Carbon dioxide Removal
9.4 Vapor/Gas Separation
9.5 Vapor/Vapor Separation
9.6 Air Dehydration
9.7 Others
10.Gas Separation Membranes Market Segment, By end-user industry:
10.1 Chemical
10.2 Oil and gas industry
10.3 Electric power
10.4 Food and beverages
10.5 Others
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 USA
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4 Asia-Pacific
11.4.1 Japan
11.4.2 South Korea
11.4.3 China
11.4.4 India
11.4.5 Australia
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.1 Israel
11.5.2 UAE
11.5.3 South Africa
11.5.4 Rest
11.6 Latin America
11.6.1 Brazil
11.6.2 Argentina
11.6.3 Rest of Latin America
12. Company Profile
12.1 Generon LLC.
12.1.1 Financial
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 Evonik Industries
12.3 Parker Hannifin Corporation
12.4 Air Products and Chemicals, Inc.
12.5 Schlumberger Ltd.
12.6 Membrane Technology and Research Inc.
12.7 Ube Industries Ltd.
12.8 Honeywell UOP
12.9 DIC Corporation
12.10 Air Liquide Advanced Separation
12.11 Fujifilm Manufacturing Europe B.V.
12.12 Atlas Copco AB
12.13 Generon LLC.
13.Competitive Landscape
13.1 Competitive Benchmark
13.2 Market Share analysis
13.3 Recent Developments
14. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Heat Resistant Coatings Market Size was valued at USD 6.8 billion in 2023 and is expected to reach USD 10.6 billion by 2032 and grow at a CAGR of 5.0% over the forecast period 2024-2032.
The Textile Enzymes Market Size was USD 528.1 Million in 2023. It is expected to grow to USD 847.6 Million by 2032 and grow at a CAGR of 4.42% by 2024-2032.
The Synthetic Lubricants Market Size was valued at USD 40.99 billion in 2023, and is expected to reach USD 51.523 billion by 2031, and grow at a CAGR of 2.9% over the forecast period 2024-2031.
The Bio-based Polycarbonate Market Size was valued at USD 70.16 Mn in 2023 and will reach USD 139.42 Mn by 2032 and grow at a CAGR of 9.11% by 2024-2032
The Furfural Derivatives Market Size was valued at USD 13.2 Billion in 2023 and is expected to reach USD 21.4 Billion by 2032 and grow at a CAGR of 5.5% over the forecast period 2024-2032.
The Tight Gas Market Size was valued at USD 12.76 trillion cubic feet in 2023 and is expected to reach USD 19.97 trillion cubic feet by 2032 and grow at a CAGR of 5.85% over the forecast period 2024-2032.
Hi! Click one of our member below to chat on Phone