Gas Separation Membranes Market to experience an impressive growth of 8.2% during 2020-2025

Gas Separation Membranes Market to experience an impressive growth of 8.2% during 2020-2025

January 28, 2020

Gas Separation Membranes is likely to witness an impressive CAGR of 8.2% during the forecast period. Gas separation membranes are employed to isolate and sanitize a specific component from the rest of the vapor mixture or rest of the gas. Gas separation membrane technology is extensively used for gas processing application in industries, such as petrochemical, chemical, and manufacturing. Growing demand from these industries drive the market for gas separation membranes globally.

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Gas Separation Membranes Market Segment Insights:

By Material Type:

Based on the material type, the market is segmented as polyimide & polyaramide, polysulfone, cellulose acetate, and others. The polyimide & polyaramide segment dominated the market in 2018, owing to its remarkable properties, such as thermal stability and selectivity.

By Application Type:

Based on the application type, the market is segmented as nitrogen generation & oxygen enrichment, hydrogen recovery, and carbon dioxide removal. In 2018, the carbon dioxide removal segment led the market as the largest segment.  

By Region:

In terms of regions, Asia-Pacific is expected to be the largest market for gas separation membranes in the coming five years. China and India are the growth engines of the region. The market is driven by the increasing industrialization which propels the gas exploration activities in the region. North America and Europe also offer sizeable growth opportunities during the forecast period.

Key Players:

Some of the gas separation membrane manufacturers are UBE Industries Ltd., Air Liquide Advanced Separations LLC, Air Products and Chemicals Inc., Generon Igs Inc., Honeywell Uop LLC, Fujifilm Manufacturing Europe B.V., Schlumberger Ltd., Parker-Hannifin Corporation, DIC Corporation, and Membrane Technology and Research Inc. 

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This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

Based on the research, a proper report is crafted with the following key features:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis
  • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
  • Market trend and forecast analysis
  • Market segment trend and forecast
  • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
  • Attractive market segments and associated growth opportunities
  • Emerging trends
  • Strategic growth opportunities for the existing and new players
  • Key success factors 

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