Gas Separation Membranes Market Size & Growth Analysis to 2030

The global gas separation membranes market size is accounted to grow at a significant CAGR of around 6% during the forecast period and is estimated to reach over USD 1 billion by 2027. The increasing demand for the product in carbon dioxide removal in various developing countries is a major factor to drive market growth. Furthermore, the rapidly growing shale gas and natural gas production and the rising demand for the product in the petrochemical industry are further anticipated to boost the market growth. Moreover, the stringent regulation to control emissions is further expected to support the market growth in the next upcoming years.

Market Drivers:

Increasing Demand for Clean Energy: The global transition towards cleaner and more sustainable energy sources, such as natural gas and hydrogen, drives the demand for gas separation membranes. Gas separation membranes are used in various energy-related applications, including natural gas processing, biogas purification, and hydrogen production. These membranes play a crucial role in separating and purifying gases, enabling the efficient utilization of clean energy sources.

Growing Industrialization and Urbanization: Rapid industrialization and urbanization in emerging economies result in increased energy consumption and demand for various industrial gases. Gas separation membranes find extensive applications in sectors such as petrochemicals, oil and gas, chemicals, and pharmaceuticals, where the separation and purification of gases are essential. The growth of these industries drives the demand for gas separation membranes.

Environmental Regulations and Emissions Control: Stringent environmental regulations and emissions control policies implemented by governments worldwide drive the adoption of gas separation membranes. These membranes are used in processes such as carbon capture and storage (CCS) and emissions control to capture and separate greenhouse gases and other pollutants. Gas separation membranes enable the removal of impurities from industrial gas streams, contributing to environmental sustainability and compliance with regulatory requirements.

Advancements in Membrane Technologies: Technological advancements in gas separation membranes, such as the development of new membrane materials and improved manufacturing processes, drive the growth of the market. Researchers and manufacturers are continuously working on enhancing membrane performance, selectivity, and durability to meet the evolving demands of various industries. Advanced membrane technologies expand the range of gas separation applications and drive market growth.

Increasing Focus on Water and Wastewater Treatment: Gas separation membranes are also used in water and wastewater treatment processes, particularly in desalination and water purification. As the demand for clean and potable water increases globally, gas separation membranes offer effective solutions for the removal of dissolved salts, contaminants, and pollutants from water sources. The emphasis on sustainable water management and the need for efficient water treatment drive the demand for gas separation membranes in the water industry.

Growth in the Chemical and Petrochemical Industries: The chemical and petrochemical industries are significant consumers of gas separation membranes. These membranes are employed in gas processing and separation processes, such as natural gas sweetening, olefin/paraffin separation, and volatile organic compound (VOC) removal. The expansion of the chemical and petrochemical sectors, driven by increasing demand for various chemical products, fuels, and plastics, contributes to the growth of the gas separation membranes market.

Focus on Energy Efficiency and Process Optimization: Gas separation membranes offer advantages in terms of energy efficiency and process optimization compared to traditional separation technologies, such as distillation and adsorption. Membrane-based separation processes require less energy and offer higher selectivity, compactness, and scalability. Industries are increasingly adopting gas separation membranes to improve operational efficiency, reduce energy consumption, and optimize overall process performance.

Market Outlook:

Market Insights:

The global gas separation membranes market is bifurcated into material, application, end-use, and geography. On the basis of material, the market is further segmented into polyimide & polyaramide, polysulfone, cellulose acetate, and others. The polyimide and polyaramide segment dominated the global market in 2020 and estimated to hold the largest revenue share of around one-third percent of the market. The segment is also accounted to grow at the fastest CAGR over the forecast period. The segment growth is attributed to its properties such as better film-forming, high stability for chemical and thermal, and high mechanical strength.

On the basis of application, the market is classified into carbon dioxide removal, nitrogen generation & oxygen enrichment, hydrogen recovery, and others. The carbon dioxide removal segment dominated the global gas separation membranes market in 2020 and estimated to hold a major market share of over one-third percent of the market. The rising global warming around the world due to the growing carbon dioxide emission is one of the major factor to drive the segment growth. Furthermore, the stringent government regulations and the significant demand for the product in natural gas treatment are anticipated to boost the segment growth over the forecast period.

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The gas separation membranes comprehensive study offers an in-depth analysis of industry trends, market size, competitive analysis, and market forecast – 2021 to 2027. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The gas separation membranes market research report presents the analysis of each segment from 2018 to 2027 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.

Historical & Forecast Period

• 2018-19 – Historical Year
• 2020 – Base Year
• 2021-2027 – Forecast Period

Market Segmentation:

By Material:

• Polyimide & Polyaramide
• Polysulfone
• Cellulose Acetate
• Others

By Application:

• Carbon Dioxide Removal
• Nitrogen Generation & Oxygen Enrichment
• Hydrogen Recovery
• Others

By End-Use:

• Oil & Gas
• Chemical
• Electric Power
• Food & Beverage
• Others

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Geographic Coverage:

Geographically, the Asia Pacific dominated the global gas separation membranes market in 2020 and accounted to grow at the highest growth rate over the forecast period. The rapid growth in industrialization and the increasing demand for cost-effective and energy-efficient gas separation techniques are some major factors to drive the market growth in the region. Furthermore, the stringent government regulation regarding CO2 emission, rising demand for carbon dioxide removals, and the increasing production of natural gases are some other factors anticipated to fuel the market in the Asia Pacific.

Competitive Assessment:

Some of the major market players operating in the global gas separation membranes market are Air Liquide Advanced Separations, Air Products and Chemicals Inc., Ube Industries Ltd., GENERON, and Membrane Technology and Research Inc. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

Key Companies:

• Air Liquide Advanced Separations
• Air Products and Chemicals Inc.
• Ube Industries Ltd.
• GENERON
• Membrane Technology and Research Inc.
• Honeywell UOP
• Fujifilm Manufacturing Europe B.V.
• Schlumberger Ltd.
• DIC Corporation
• Parker Hannifin Corporation

Key Questions Answered by Gas Separation Membranes Market Report

• Global gas separation membranes market forecasts from 2021-2027
• Regional gas separation membranes market forecasts from 2021-2027 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
• Country-level forecasts from 2021-2027 covering 15 major countries from the aforementioned regions
• Gas separation membranes submarket forecasts from 2021-2027 covering the market by material, by application, by end-use, and geography
• Various industry models such as SWOT analysis, Value Chain Analysis pertaining to the gas separation membranes market
• Analysis of the key factors driving and restraining the growth of the global, regional, and country-level gas separation membranes markets from 2021-2027
• Competitive Landscape and market positioning of top 10 players operating in the gas separation membranes market