gas-separation-membranes-market

Gas Separation Membranes Market By Type ( Polymeric Membranes And Nonpolymeric Membranes), By Application (Water & Waste Treatment, Food & Beverage Processing, Pharmaceuticals & Medical, Chemical Processing, Industrial Gas Processing) - Growth, Future Prospects And Competitive Analysis, 2024 - 2032

30 Mar 2017 Format PDF icon PPT icon XLS icon Request Sample

Over the past decade, polymeric gas separation membranes have been widely used for a variety of industrial gas separation applications. In today’s competitive climate, membrane gas separation is now widely accepted as an economic process to produce moderate purity stream gases.  Polymeric and non-polymeric are two basic types of gas separation membranes. Non-polymeric membranes consist of metal membranes, ceramic and zeolite membranes, thermally rearranged/microporous carbon membranes, mixed-matrix membranes, etc.

Certain properties of membranes, such as stability, porosity, durability, permeability, and selectivity, make them vital elements in various industrial applications. At present, gas separation membranes are widely used in water & waste treatment and food & beverage processing applications.

The global gas separation membranes market is projected to experience substantial growth over the forecast period of 2023 to 2030 owing to growing industrialization in emerging economies. Technological innovations in water & wastewater treatment, food & beverage processing, pharmaceutical & medical applications, chemical processing, and industrial gas processing markets is driving the growth of global gas separation membranes market. Over the past few years, membrane processes for gas separation is gaining wide acceptance in various industries and are competing in the market with consolidated operations such as cryogenic distillation, absorption, condensation and pressure swing absorption.

On the basis of type global gas separation membrane market is segmented into polymeric membranes and non-polymeric membranes. Between these types, polymeric gas separation membranes accounts for major share of global gas separation membranes market, accounting for 77.46% market share in 2015.

On the basis of application, in the base year 2020, water & wastewater treatment accounted for major share of global gas separation membranes market. It accounted for 43.39% market share in same year followed by food & beverage processing with 21.96% market share.

For the purpose of this study, the global gas separation membranes market is categorized into regional markets viz., North America, Europe, Asia Pacific and Latin America, and Middle East and Africa. In base year 2015, Asia Pacific was observed as the largest market for gas separation membrane. The overall growth of the Asia Pacific market will be above the global benchmark during the forecast period. The major factors driving the growth in Asia Pacific include the rising population, increasing industrialization, rapid urbanization, and improved physical infrastructure in countries such as India, China, Japan, etc. and growing international trades from the region.

In order to help the strategic decision makers, the report also includes profiles of the leading gas separation membranes manufacturers, along with their, product portfolio and key developments. The major players profiled in the report are Air Products and Chemicals Incorporated, Asahi Kasei Corporation, Atlas Copco AB, Evonik Resource Efficiency GmbH (Evonik Industries AG), GE Water & Process Technologies, Mitsui Chemicals, Inc., The Dow Chemical Company among others. Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the gas separation membranes industry
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 2-Year market size data (2020 – 2021)
  • SRC (Segment-Region-Country) Analysis

Polymeric membranes have been developed for a variety of industrial applications including gas separation. For gas separation, the permeability and selectivity of the membrane material defines the efficiency of gas separation process. The adoption of membrane-based gas separation is rapidly growing by serving as one of the important industrial gas separation technologies. 

Polymeric membranes are dominating materials in this field owing to their excellent process ability, easy scale-up, and feasibility in various modules. Various inorganics, including carbons, ceramics, silica, zeolites and metal membranes have also been broadly studied for various specific gas separation applications where polymeric membranes cannot be used.

However, in future, polymeric membranes is projected to face stiff competition from nonpolymeric membranes segment. They are projected to witness the fastest growth rate of 8.4% from 2023 to 2030.

Membranes are extensively accepted as an integral part of water recycling and recovery as industries strive to comply with rising stringent regulations to reduce or reuse wastewater. In 2020, water & waste treatment application accounted for 43.39% share of the global market. Water & waste treatment segment is projected to grow at a rapid pace over the forecast period of 2023 to 2030. Increasing concerns over water scarcity issues and need for desalination in the developing countries offer immense opportunity to this application. Membranes are an extremely efficient means to accomplish separation and filtration and offer additional benefit of reduced operating costs and energy consumption over traditional treatment methods. Pharmaceuticals & medical use application is projected to witness the highest growth rate of 8.6% from 2023 to 2030. This growth is mainly attributed to extensive usage of gas separation membranes in various medical products and processes. Moreover, the usage of gas separation membranes in some pharmaceuticals products is also becoming an indispensable process element, which will further drive the market growth.

Industrial gas processing application is also projected to be one of the fastest growing applications due to increased exploration activities in North America and Middle East & Africa, which will continue to expand in the coming years. Gas separation membranes are also adopted in various chemical processing facilities to reduce overall energy costs, contain waste, and increase valuable product recovery. Gas separation membranes are being substituted for chemical treatment of wastewater to reduce analytical, chemical, and labor costs, and to produce cleaner and more consistent waste for recycle or discharge.

In 2020, Asia Pacific accounted for 38.98% share of the market and is projected to maintain its supremacy during the forecast period. This growth has been primarily attributed to the high demand of gas separation membranes from water & waste treatment, industrial gas treatment, pharmaceutical, and chemical processing industries. North America accounted for the second largest share of the market. However, the market for North America is fairly mature, and hence is projected to progress at a moderate CAGR of 8.1% over the forecast period. Middle East and Africa is projected to witness the second fastest growth rate over the forecast period owing to rising demand from water & waste treatment, industrial gas processing, pharmaceuticals & medical use sectors. 

The gas separation membranes market in Europe is gaining momentum due to the rising demand from pharmaceuticals and medical applications, environmental concerns, and improving prospects in various end-use markets. Among the various European economies, the gas separation membranes market was dominated by Germany, France, Italy, and UK. Eastern Europe is projected to offers huge untapped market potential. The presence of large market players is making gas separation membranes more accessible to the consumers.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Gas Separation Membranes market are as follows:

  • Research and development budgets of manufacturers and government spending
  • Revenues of key companies in the market segment
  • Number of end users and consumption volume, price and value.
  • Geographical revenues generate by countries considered in the report
  • Micro and macro environment factors that are currently influencing the Gas Separation Membranes market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

ATTRIBUTE DETAILS
Research Period  2022-2032
Base Year 2023
Forecast Period  2024-2032
Historical Year  2022
Unit  USD Million
Segmentation
Type
  • Attractive Investment Proposition
  • Polymeric Membranes
  • Nonpolymeric Membranes

Applications
  • Water & Waste Treatment
  • Food & Beverage Processing
  • Pharmaceuticals & Medical
  • Chemical Processing
  • Industrial Gas Processing
  • Others (Environmental, Fuel Cells, etc)

 Region Segment (2022-2032; US$ Million)

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • UK and European Union
    • UK
    • Germany
    • Spain
    • Italy
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC
    • Africa
    • Rest of Middle East and Africa

Key questions answered in this report

  • What are the key micro and macro environmental factors that are impacting the growth of Gas Separation Membranes market?
  • What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
  • Estimated forecast and market projections up to 2032.
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which market segment holds a larger market share and why?
  • Are low and middle-income economies investing in the Gas Separation Membranes market?
  • Which is the largest regional market for Gas Separation Membranes market?
  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • Which are the key trends driving Gas Separation Membranes market growth?
  • Who are the key competitors and what are their key strategies to enhance their market presence in the Gas Separation Membranes market worldwide?
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