About Gas Separation Membrane
Gas separation membranes are those type of membrane which is widely used to separate gases from a gas mixture. Synthetic membranes are widely preferred used for the separation of the gas membrane. This synthetic membrane is made up of various types of the polymer such as polyamide, cellulose acetate, among others. It is widely used in hydrogen recovery, carbon dioxide removal, nitrogen generation & oxygen enrichment, among others
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.87% |
The gas separation market is highly fragmented with several major players such as Ube Industries Ltd. (Japan), Air Liquide Advanced Separation LLC (United States), Air Products and Chemicals, Inc. (United States), among others Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Gas Separation Membrane market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Ube Industries Ltd. (Japan), Air Liquide Advanced Separation LLC (United States), Air Products and Chemicals, Inc. (United States), Generon IGS, Inc. (United States), Honeywell UOP LLC (United States), Evonik Industries AG (Germany), Membrane Technology and Research, Inc. (United States), Schlumberger Ltd. (United States), DIC Corporation (Japan) and SRI International (United States are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Parker Hannifin Corporation (United States), Tianbang (China) and Borsig GmbH (Germany).
Segmentation Overview
AMA Research has segmented the market of Global Gas Separation Membrane market by , Application (Industrial Gases separation and Acid Gases Separation) and Region.
On the basis of geography, the market of Gas Separation Membrane has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia-Pacific region held largest market share in the year 2023. If we see Market by Material, the sub-segment i.e. Porous Inorganic will boost the Gas Separation Membrane market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Chemical will boost the Gas Separation Membrane market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Concerns over Global Warming Owing to the Increasing CO2 Emissions across the World
Market Growth Drivers:
Rising Requirement for Removal of Carbon Dioxide by Membrane Separation Technology, Increasing usage of Biogas from various raw materials such as green waste, agricultural waste, among others and Benefit related to Cost-Effectiveness and Processing Cost Advantages of Membrane Separation Technology
Challenges:
Issue related to Upscaling and Commercializing Newly Developed Membranes
Restraints:
Major Concern of Technical Disadvantages as compared to other Gas Separation Technologies and The problem regarding Membrane Fouling, and Swelling and Plasticization of Polymeric Membranes
Opportunities:
Cumulative Developments in Mixed Matrix Membranes will create new Opportunities for Market Expansion, Mounting Demand from Emerging Economics Countries such as China, India, Philippines, Brazil, among others and Government Initiative to Promote Gas Separation Membrane across the world
Market Leaders and their expansionary development strategies
In 2021, Honeywell completed its acquisition of UOP, a leading provider of gas separation membranes and other refining and petrochemical technologies. This merger strengthened Honeywell's position in the gas separation market.
In 2021, Merck introduced its LiquiSep™ membrane contactor technology for biopharmaceutical manufacturing. While not strictly a gas separation product, it demonstrates advancements in membrane technology with potential applications in other areas.
Key Target Audience
Gas Separation Membrane Manufacturers, Traders and Distributors of Gas Separation Membrane, Research and Development Institutes, Potential Investors, Raw Material Suppliers and Nationalized Laboratories
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.