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 Analytics, COVID-19 Business Impact, and Trends, 2020 – 2029

  • TBI574365
  • July 24, 2020
  • Global
  • 132 pages
  • SAC Insights
                                          

Abstract

Gas Separation Membranes Market: An Overview The global gas separation membranes market promises robust growth, with a robust CAGR of 6.1% during 2019-2025 period. According to the latest SAC study, the market is valued at $846 million in 2018. Based on the projections, the market will reach $1.3 bn by 2025 end. The rising demand for biogas in emerging nations like India, and China promise a major opportunity for growth for players in the global gas separation membranes market. The market also faces challenges in expansion, as strict legislations regarding plasticization of polymeric membranes promises hurdles for future growth. However, the diversification of end-use applications, and new demand from applications such as wastewater treatment promises a promising outlook during 2019-2025 period. The gas separation membrane technology also promises growth in beverage & food processing, pharmaceutical, and chemical processing applications. Its energy and cost-efficient nature remains a major draw for end-players. Conventional technology like cryogenic distillation remains a distant competitor to its advancements, promising steady growth for market players. Global Gas Separation Membranes Market: Key Trends The rising prices of energy supplies, and instability in its supply remains a major driver of growth for players in the global gas separation membranes market. The membranes technology promises higher energy efficiency at much lower costs to end-players, amidst an uncertain geopolitical situation. Additionally, rising awareness, and legislations supporting environmental sustainability will also play a key role in growth of the global gas separation membranes market. The technology promises to lower expenditure for industries, with an added protection for the environment in the process. This has resulted in major growth for gas separation membranes in food & beverage processing, which will likely continue during the forecast period. The food & beverage sector has witnessed tremendous growth in recent years, thanks to rising disposable income, changing lifestyle trends, and increase in exports from key countries like the United States. The technologies like adsorption, absorption, and cryogenic distillation lag behind in various benefits. However, the lack of implementation techniques continues to be an area of concern for future growth for players in the gas separation membranes market. Global Gas Separation Membranes Market: Segmentation The global gas separation membranes market report is segmented on the basis of material type into polymide & polyaramide, cellulose acetate, polysulfone, among others. Among these, the growing demand for polyimide will present new opportunities for growth during the forecast period. The gas separation membranes market is also segmented on the basis of applications into oxygen enrichment & nitrogen generation along with gas separation, air dehydration, hydrogen recovery, and carbon dioxide removal, vapor separation, among others. Among these, the air dehydration, and vapor separation removal promise keen opportunities, thanks to rising demand for chemical processing, and food processing. Global Gas Separation Membranes Market: Regional Analysis The global gas separation membranes market report will cover all key regions including North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. Among these, the rising manufacturing activity in Asia Pacific, and growing demand for chemical and food processing will create lucrative opportunities for growth. The region will likely register growth at the fastest CAGR during the forecast period. Global Gas Separation Membranes Market: Competitive Analysis The global gas separation membranes market remains a competitive, and fragmented landscape, thanks to relatively low costs of investments. Moreover, growing focus on innovation to meet advanced end-user needs will remain a key strategy for players in near future. Some key players in the market include Air Products and Chemicals, Inc., Air Liquide Advanced Separations,  Ube Industries Ltd., Honeywell UOP. 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

Table of Contents
                    
                    
                         Request Table Of Content
                         Click To Request Sample
|  read more...

Request a sample

Fill below form to request a sample

Enquiry

Please fill this form to enquire before buying

Discount

You can request for discount regarding the report by using below form