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Global Gas Separation Membrane Market 2023

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Description
The global gas separation membrane market reached a value of USD 1.82 billion in 2022 and is projected to grow at a CAGR of 4.6% between 2023 and 2029, reaching USD 2.53 billion by 2029. Gas separation membranes enable industrial separation of gases based on their unique chemical properties and are vital for applications like natural gas purification.

Market growth is driven by rising natural gas demand globally coupled with the energy efficiency benefits of membrane gas separation. While the COVID-19 pandemic resulted in a short-term setback, the market is poised for recovery over the medium to long term.

Key drivers include growing demand for membranes in carbon dioxide separation processes and stringent government regulations around greenhouse gas emissions. However, challenges like plasticization at high temperatures and difficulties scaling up new membrane materials may restrain adoption. Emerging opportunities lie in advanced mixed matrix membranes and expansion into newer end-use applications.

Market Segmentation
The market is segmented based on various factors, including material type, application, and geography.

Segmentation by Material Type
Polyimide and Polyamide
Polysulfone
Cellulose Acetate
Others

Segmentation by Application
Nitrogen Generation and Oxygen Enrichment
Hydrogen Recovery
Carbon Dioxide Removal
Removal of Hydrogen Sulphide
Others

Segmentation by Geography
North America - United States, Canada, Mexico
Europe - United Kingdom, Germany, France, Italy, and Rest of Europe
Asia-Pacific - China, Japan, India, South Korea, and Rest of Asia-Pacific
Latin America - Brazil, Argentina, and Rest of Latin America
Middle East and Africa - Saudi Arabia, South Africa, and Rest of Middle East and Africa

The gas separation membrane market is partially consolidated, with major players dominating due to the adoption of polyimide and polyaramide materials in the natural gas industry. These materials have excellent properties, driving market growth. Polyimide and polyaramide membranes are widely used for separating gases in applications like nitrogen generation and oxygen enrichment, which contribute to market concentration. These membranes are used in chemical factories to recover valuable gases and combat air pollution. They are also used in various industries, including steel production and medical oxygen concentrators. The market is expected to grow as global crude steel production recovers and the demand for oxygen concentrators increases.

The Asia Pacific region presents new opportunities for the gas separation membrane market due to growing industrial development and increasing natural gas demand in countries like China, Japan, India, and South Korea. This region is expected to be the largest and fastest-growing market, driven by factors such as carbon dioxide removal, sanitation, freshwater, urbanization, and higher living standards. Chinas oil and gas industry and increasing refining capacity contribute to the demand for gas separation membranes, while Indias power industry grows due to population and electrification. The use of these membranes to control CO2 emissions and government regulations on emission control further drive market demand. The growth of natural gas production in the region also fuels demand for gas separation membranes in acid gas separation applications.

Competitive Landscape
The gas separation membrane market is partially consolidated, with major players like Air Liquide S.A., Air Products and Chemicals Inc., DIC Corporation, Fujifilm Corporation, Generon IGS Inc., Parker Hannifin Corporation, UBE Corporation.

Recent Industry Developments
UBE Corporation expands polyimide hollow fiber production facilities for gas separation membranes at Ube Chemical Factory. Gas separation membrane module production facilities at Sakai Factory also expand. Aim is to meet CO2 separation membrane demand. Expected to be operational in first half of fiscal year 2025, increasing production capacity by 1.8 times.

Toray Industries, Inc. develops polymeric separation membrane module that efficiently permeates hydrogen from mixed gases. Reduces CO2 emissions in hydrogen purification by over 50% compared to conventional methods. Also reduces number of modules needed for purification, potentially revolutionizing hydrogen separation and promoting sustainability.

Why Buy This Report?
Get a detailed picture of the Global Gas Separation Membrane Market
Identify segments/areas to invest in over the forecast period in the Global Gas Separation Membrane Market
Understand the competitive environment, the markets leading players
The market estimate for ease of analysis across scenarios in Excel format
Strategy consulting and research support for three months
Print authentication provided for the single-user license

TABLE OF CONTENTS

PART 1. INTRODUCTION
1.1 Description
1.2 Objectives of The Study
1.3 Market Segment
1.4 Years Considered for The Report
1.5 Currency
1.6 Key Target Audience
PART 2. RESEARCH METHODOLOGY
PART 3. EXECUTIVE SUMMARY
PART 4. MARKET OVERVIEW
PART 5. GLOBAL GAS SEPARATION MEMBRANE MARKET BY MATERIAL TYPE
5.1 Cellulose acetate
5.2 Polyimide and polyamide
5.3 Polysulfone
5.4 Others
PART 6. GLOBAL GAS SEPARATION MEMBRANE MARKET BY APPLICATION
6.1 Carbon dioxide removal
6.2 Hydrogen recovery
6.3 Nitrogen generation and oxygen enrichment
6.4 Removal of hydrogen sulphide
6.5 Others
PART 7. GLOBAL GAS SEPARATION MEMBRANE MARKET BY GEOGRAPHY
7.1 North America
7.2 Europe
7.3 Asia-Pacific
7.4 Latin America
7.5 Middle East and Africa
PART 8. COMPANY PROFILES
8.1 Air Liquide S.A.
8.2 Air Products and Chemicals, Inc.
8.3 DIC Corporation
8.4 Fujifilm Corporation
8.5 Generon IGS, Inc.
8.6 Parker Hannifin Corporation
8.7 UBE Corporation
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