According to the report by Expert Market Research (EMR), the global gas separation membranes market size is projected to grow at a CAGR of 5.4% between 2024 and 2032. Aided by the rising demand for efficient gas separation in various industries, the market is expected to grow significantly by 2032.
Gas separation membranes are sophisticated materials used for the selective separation of gases. These membranes are critical in applications such as hydrogen recovery, carbon dioxide removal, and air separation. The escalating demand for clean energy and the stringent environmental regulations are key drivers bolstering the growth of this market.
The burgeoning energy sector, with its increasing focus on reducing carbon emissions, has amplified the gas separation membranes market demand. Gas separation membranes, with their high selectivity and low energy consumption, are becoming the preferred choice for carbon capture and storage (CCS) applications.
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The rising demand for high-purity gases in industries such as electronics, food and beverage, and pharmaceuticals is another factor propelling market growth. Gas separation membranes offer a cost-effective and reliable solution for obtaining pure gases required in these sectors. As per the gas separation membranes market analysis, innovations in membrane technology, including the development of advanced materials such as polymeric and inorganic membranes, are broadening the scope of applications and efficiency of gas separation processes.
North America dominates the global market, primarily due to the established industrial sector and the stringent environmental regulations driving the adoption of efficient gas separation technologies. Asia-Pacific is witnessing rapid growth in the market, attributed to the expanding industrial base, particularly in countries like China and India. The increasing energy demand in this region is also a significant factor contributing to gas separation membranes market growth.
Future market growth is anticipated in applications like biogas upgrading and hydrogen production, essential components in the transition to clean energy. The increasing focus on renewable energy sources is expected to further drive the demand for gas separation membranes. The development of hybrid membrane systems, combining the advantages of different membrane types, presents an exciting area for innovation and contributes to the gas separation membranes market size.
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Gas Separation Membranes Market Segmentation
The market can be divided based on modules, material type, application, and region.
Market Breakup by Modules
- Hollow Fibre
- Spiral Wound
- Plate and Frame
- Others
Market Breakup by Material Type
- Polyimide and Polyaramid
- Polysulfone
- Cellulose Acetate
- Others
Market Breakup by Application
- Nitrogen Generation and Oxygen Enrichment
- Packaging and Storage
- Metal Manufacturing and Fabrication
- Electronics
- Oil and Gas
- Others
- Hydrogen Recovery
- Hydrogen Purification in Refineries
- Syngas Processes
- Hydrogen Recovery from Purge Gas
- Carbon Dioxide Removal
- Natural Gas
- Biogas
- Vapour/Gas Separation
- Vapour/Vapour Separation
- Air Dehydration
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global gas separation membranes market. Some of the major players explored in the report by Expert Market Research are as follows:
- Air Products and Chemicals, Inc. (NYSE: APD)
- Air Liquide Advanced Separations
- UBE Industries, Ltd.
- Honeywell UOP
- Fujifilm Manufacturing Europe B.V.
- Schlumberger Limited
- DIC Corporation
- Parker Hannifin Corp
- Others
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