A number of dynamic aspects impact the Gas Separation Membrane market, which in turn affects its growth patterns and trajectory. It is imperative for stakeholders to comprehend these market characteristics in order to effectively navigate and use the changing marketplace.
Growing Need for Sustainable Energy:
The market for gas separation membranes is significantly impacted by the worldwide movement towards clean and sustainable energy sources. Gas separation operations frequently use membrane technology, particularly in sectors like hydrogen manufacturing and natural gas processing.
Gas separation membranes are becoming more and more popular in energy-related applications due to strict environmental restrictions and the move toward greener alternatives.
Technological Developments in Membranes:
By increasing performance and efficiency, ongoing developments in gas separation membrane technology shape market dynamics. Advancements in membrane composition and production techniques augment their capacity for segregation, rendering these membranes increasingly appealing for a range of industrial uses.
The market is evolving as a result of research and development initiatives meant to solve issues including membrane fouling and improve selectivity.
Growth in Industrial Applications: The market for gas separation membranes is mostly driven by the industrial sector. These membranes are frequently used for nitrogen production, carbon dioxide removal, and air separation in the petrochemical, chemical, and food and beverage sectors.
Gas separation membranes are in high demand because of their adaptability to a wide range of industrial applications and because enterprises are realizing how efficient and affordable they are.
Increasing Healthcare Applications: Medical oxygen concentrators are one area in which gas separation membranes are used. The increasing requirement for gas separation membranes in healthcare settings is partly due to the rising incidence of respiratory disorders and the necessity of a steady supply of oxygen.
The COVID-19 epidemic has brought medical gas separation technology even more attention, spurring investments and developments in this field.
Growth of the Economy and Industry in Emerging Markets:
The dynamics of the gas separation membrane market are heavily influenced by economic expansion in emerging economies. The need for gas separation solutions increases as these areas' businesses grow and need to satisfy rising production and processing demands.
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Segment Outlook | Material Type, Application, and Region |
Gas Separation Membrane Market Size was valued at USD 2.34 Billion in 2023. The Gas Separation Membrane industry is projected to grow from USD 2.51 Billion in 2024 to USD 4.41 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 7.30% during the forecast period (2024 - 2032). Gas separation membrane processes are a part of industrial processes, where the organic compounds and waste streams should be removed for the efficiency of the industrial operations and the life span of the industrial equipment. The acid gases emitted from the industries are extremely corrosive and corrode the pipelines and affect the overall industrial processes. For the processing of natural grasses, the separation process is highly important. The manufacturers are developing durable membrane materials with higher selectivity and permeability at an affordable selling price in recent years, which is fuelling the Gas separation membrane market growth. Similarly, the gas separation membranes are considered to be the most cost-effective in the industry, when compared to the other polymeric membranes. Moreover, the stringent regulations imposed by the government of several countries in monitoring and controlling carbon dioxide emissions are also promoting the overall growth of the Gas separation membrane industry.
Some of the potential benefits such as lower energy requirements, lower capital requirements, lower operational costs, and significant others are further promoting the overall growth of the Gas Separation membrane industry.
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
significant increase in the demand for membrane separation processes in natural gas treatment, hydrogen purification, separation of hydrocarbons, and carbon dioxide captures.
The increasing number of governmental regulations and laws regarding the emission of greenhouse gases and restrictions on the emission of carbon dioxide across the industrial verticals are considered the major drivers of Gas separation membrane market growth.
Various industrial processes such as natural gas treatment, hydrogen purification, hydrocarbon separation, and significant processes require gas separation membrane processes and which is considered the major driver of gas separation membrane market growth.
Additionally, The increasing investment and the availability of affordable modules in gas separation membranes have led to new product launches in the industry and the advent of new launches in the industry is presenting lucrative opportunities for gas separation membrane market growth.
The increasing number of natural gas and chemical industries due to the increasing demand combined with the key applications such as food and beverages processing industries, wastewater treatment industries, and medical sectors are presenting lucrative opportunities for the overall growth of the gas separation industry during the forecast period. Also, the potential characteristics of gas separation membrane methods over other methods such as cryogenic distillation, adsorption, and significant others are expected to boost the overall growth of the Gas separation membrane industry during the forecast period.
April 2024: Honeywell International Inc. announced the launch of its new MegaTec™ XP polyimide membrane. This advanced membrane boasts superior performance in air separation applications, particularly in nitrogen production. The company expects this innovation to drive growth in the high-purity nitrogen segment of the gas separation membrane market
Membrane Technology and Research, Inc. expanded its activities in September 2023 by building the biggest-ever membrane-based carbon capture plant in Gillette, Wyoming. It will facilitate the company's use of Polaris polymeric membranes to capture more than 150 tonnes of CO2 every day.
The Gas Separation Membrane Market segmentation, based on Material Type, includes polyimide & polyamide, polysulfone, cellulose acetate, and other material types. The gas separation membrane vendors are widely accepting the polyimide and polyamide material type because it is significantly cheaper than other materials and is easy to fabricate, which leads the business opportunities; other than that, polyamide & polyimide is the fastest-growing segment in material type owing to their high stability in chemical & thermal strengths, mechanical strength, and good forming properties.
Based on Application, the Gas Separation Membrane Market segmentation includes nitrogen generation and oxygen enrichment, hydrogen recovery, carbon dioxide removal, air dehydration, and others. The carbon dioxide removal application is anticipated to dominate the market due to increasing demand for better processing and transmission of natural gas, resulting in carbon dioxide separation.
Figure 2: Gas Separation Membrane Market, by Application, 2023 & 2030 (USD Billion) Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The Asia-pacific region is holding the highest market share in the Gas separation membrane industry, which is due to the increasing utilization of gas separation membranes in the industries to control CO2 emission. Since there are numerous industries across the Asia-pacific region, the demand to control CO2 emission is higher. Also, the stringent regulations in controlling the emission of gases are fuelling the overall growth of the Gas separation membrane industry. Also, the demand for cost-effective techniques and energy-efficient techniques was adopted across the region due to the increasing industrial operations.
Figure 3: GAS SEPARATION MEMBRANE MARKET SHARE BY REGION 2023 (%) Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
European countries are also increasingly utilizing gas separation membranes for industrial processes, as the country follows stringent regulations in protecting the environment.
Major market players are spending a lot of money on R&D to increase their product lines, which will help the Gas Separation Membrane market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, with key market developments such as new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the Gas Separation Membrane industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.
The major market players are investing a lot of money in R&D to expand their product lines, which will spur further market growth for Gas Separation Membranes. With significant market development like new product releases, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations, market participants are also undertaking various strategic activities to expand their global presence. To grow and thrive in a market climate that is becoming more competitive and growing, competitors in the Gas Separation Membrane industry must offer affordable products.
Manufacturing locally to cut operating costs is one of the main business tactics manufacturers use in the global Gas Separation Membrane industry to benefit customers and expand the market sector. The Gas Separation Membrane market has recently given medicine some of the most important advantages. Major Gas Separation Membrane market players, including Air Products and Chemicals Inc (US), Ube Industries Ltd (Japan), Air Liquide Advanced Separation (US), Schlumberger Limited (US), and others, are attempting to increase market demand by funding R&D initiatives.
Air Liquide Advanced Materials is a company manufacturing advanced gases and chemicals for electronics engineering and advanced memory structures. It provides ALOHA and Voltaix product lines, which are used to deposit thin films via chemical vapor deposition (CVD) and atomic layer deposition (ALD).
Also, UBE is a company that focuses on construction materials, chemicals, and machines such as cement and limestone, foot comfort bath mat, synthetic rubbers, ceramics, paints, and resins, die casting and injection molding machines, transport and storage system, dust removal device, and more. The company caters to aerospace, agriculture and fishing, IT and electronics, medicines, and other sectors.
January 2023: UBE Corporation announced that it would expand its polyimide hollow fiber production facilities for gas separation membranes at its Ube Chemical Factory and the gas separation membrane module production facilities at its Sakai Factory so as to meet rapidly increasing demand, especially for CO2 separation membranes. The expansion of both plants is scheduled for H1 FY25 and will increase their production capacity by about 1.8 times.
In May 2023, All countries throughout Asia and the Pacific unanimously supported a resolution by the UN on climate change and its consequences, calling for immediate action. They have renewed their commitment to reducing greenhouse gas emissions immediately; this region presently accounts for itself responsible for over half of global emissions.
In June 2022, FUJIFILM Manufacturing Europe B.V., with environmental sustainability as a priority consideration, increased its membrane production at Tilburg manufacturing facility located in Netherlands. Efforts towards achieving carbon neutrality were integrated into the site while adopting eco-friendly techniques like wastewater treatment. This enabled the company to boost membrane production capacity as well as satisfy increasing product demand.
January 2022: Toray Industries, Inc. has developed a polymeric separation membrane module that selectively permeates hydrogen from mixed gases containing hydrogen efficiently. The new module reduces carbon dioxide emissions from hydrogen purification processes by more than fifty percent while also reducing the number of modules needed.
Gas Separation Membrane Material Type Outlook
Gas Separation Membrane Application Outlook
Gas Separation Membrane Regional Outlook
North America
Europe
Asia-Pacific
Rest of the World
Middle East
Africa
Latin America
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