Gas Separation Membranes Market size was valued at US$ 960.29 Mn. in 2022 and the total revenue is expected to grow at a CAGR of 6.7% from 2023 to 2029, reaching nearly US$ 1512.02 Mn.
Gas Separation Membranes Market Overview
Maximize Market Research has published an intelligence report titled Global Gas Separation Membranes Market: Dynamics, Regions, Segments, and Forecasts 2023-2029. The report provides a comprehensive analysis of the Gas Separation Membranes market, covering its dynamics, regions, segments, and forecasts for the next 7 years. It also includes an analysis of the Gas Separation Membranes market’s ever-changing patterns, industry environment, and all dominant aspects of the market, along with a detailed analysis of competition in the industry.
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Gas Separation Membranes Market Report Scope and Research Methodology
The global Gas Separation Membranes market report published by Maximize Market Research is a comprehensive analysis of the market, based on primary and secondary research. The report provides insights into the competitive landscape of the global Gas Separation Membranes market, including competition at the local, regional, and global levels. The report provides qualitative and quantitative data on the market, which is expected to help decision-makers identify the Gas Separation Membranes market segments and variables that are driving the market. The bottom-up approach was used to estimate the Gas Separation Membranes market size. SWOT analysis is used to identify the strengths and weaknesses of the Gas Separation Membranes key players in the industry. The report also includes a PESTLE analysis, which helps investors develop strategies for the Gas Separation Membranes industry.
Gas Separation Membranes Market Segmentation
The market is divided into segments based on the material, including Polyimide & Polyaramide, Polysulfone, Cellulose Acetate, and others. By 2029, the polyimide and polyaramide material segment is anticipated to command the highest market share of xx%. due to its remarkable mechanical strength, chemical and thermal stability, permeability, selectivity, and film-forming abilities. A significant, well-known, and widely used class of polymers because of their remarkable chemical and physical characteristics are polyimide and polyaramide. It is extensively used in the production of gas separation membranes, particularly to improve natural gas and eliminate acidic CO2 from industrial off-gases. Due to benefits like easy fractionation and low production costs, it is widely used in CO2 recovery during oil recovery, nitrogen and oxygen separation from air, and natural gas sweetening.
The market is divided into several segments based on the application, including hydrogen recovery, carbon dioxide removal, vapor/gas separation, vapor/vapor enrichment, nitrogen generation, and others. The carbon dioxide removal market is anticipated to expand quickly between 2023 and 2029, with a compound annual growth rate of xxx%. Natural gas frequently contains carbon dioxide, which needs to be separated to satisfy pipeline or other requirements.
Because membrane gas separation technology is more portable, energy-efficient, and possibly more economical than more conventional techniques like solvent absorption, it is one of the best ways to remove carbon dioxide from a system. The need for carbon dioxide removal is being driven by the existence of reservoirs and the growing demand for shale gas, which is driving the need for gas separation membranes in the carbon dioxide removal process.
Gas Separation Membranes Market Size and Forecast, by Material (2022-2029)
1. Polyimide & Polyaramide
2. Polysulfone
3. Cellulose Acetate
4. others
Gas Separation Membranes Market Size and Forecast, by Application (2022-2029)
1. Nitrogen Generation & Oxygen Enrichment
2. Hydrogen Recovery
3. Carbon dioxide Removal
4. Vapor/Gas Separation
5. Vapor/Vapor Separation
6. Others
Gas Separation Membranes Market Size and Forecast, by Module Type (2022-2029)
3. Spiral wound
3. Hollow fiber
3. Plate and frame
4. Others (Capillary and Tubular)
Gas Separation Membranes Market Size and Forecast, by Region (2022-2029)
1. North America
2. Europe
3. Asia Pacific
4. Middle East and Africa
5. South America
𝗚𝗲𝘁 𝘁𝗵𝗲 𝗣𝗗𝗙 𝗦𝗮𝗺𝗽𝗹𝗲 𝗖𝗼𝗽𝘆 𝗼𝗳 𝘁𝗵𝗶𝘀 𝗿𝗲𝗽𝗼𝗿𝘁
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Gas Separation Membranes Market Key Players
1. Air Products and Chemicals Inc.
2. Air Liquide Advanced Separations LLC
3. UBE Industries Ltd.
4. Schlumberger Ltd
5. Fujifilm Manufacturing Europe B.V.
6. Parker-Hannifin Corporation
7. Membrane Technology and Research Inc.
8. DIC Corporation
9. Honeywell International (Honeywell UOP)
10. Evonik Industries
11. Mahler AGS
12. Atlas Copco AB
13. GENERON LLC
14. GRASYS JSC
15. GMT Membrantechnik GmbHH
𝗚𝗲𝘁 𝘁𝗵𝗲 𝗣𝗗𝗙 𝗦𝗮𝗺𝗽𝗹𝗲 𝗖𝗼𝗽𝘆 𝗼𝗳 𝘁𝗵𝗶𝘀 𝗿𝗲𝗽𝗼𝗿𝘁
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Gas Separation Membranes Market Regional Insights
The Gas Separation Membranes market report includes a detailed analysis of market size, dynamics and market share in regions: North America, Europe, Asia Pacific, South America and Middle East and Africa.
Key Questions answered in the Gas Separation Membranes Market Report are:
- What was the Gas Separation Membranes market size in 2022?
- What is the expected Gas Separation Membranes market size by the end of the forecast period?
- Which segment in the Gas Separation Membranes market is expected to grow rapidly during the forecast period?
- Which are the top players in the Gas Separation Membranes market?
- What key trends are expected to emerge in the Gas Separation Membranes market during the forecast period?
- Which regional market is expected to grow at a high rate during the forecast period?
Key Offerings:
- Market Overview
- Market Share
- Market Size
- Forecast |2023-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation- A detailed analysis of each segment and their segments
- Competitive Landscape – Leading key players and other prominent key players.
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