Press release
Gas Separation Membrane Market Growth Drivers, Impact Analysis & Market Opportunities by 2023
Membranes are used for a wide range of gas separation applications including acid gas removal, hydrogen recovery, biogas treatment (upgrading), separation and production of various industrial gases such as nitrogen, oxygen, helium, and argon. In the recent times, removal or capturing of CO2 gas from flue gas or syngas using membrane separation technology is gaining popularity. A variety of membrane materials and processes have been developed for this application, including polymeric, organic, inorganic, and hybrid membranes. Polymeric membranes are widely used, owing to its relative low cost, easy installment, and good processability.
Gas Separation Membrane Market Segmentation
The global gas separation membrane market has been categorized on the basis of material type, application, end-use industry, and region.
By material type, the market has been segmented into porous inorganic, polymeric, microporous organic, hybrid, and others. The porous inorganic segment is further classified into metal, zeolite, ceramics, and alumina. The polymeric segment is further sub-divided into polyimide, cellulose acetate, and polysulfone. In 2017, the polymeric segment accounted for the largest share of the market for material type segment. This can be attributed to the largescale consumption of polyimides for CO2 separation membranes. Furthermore, this material exhibits good physical properties such as good mechanical strength, high thermal and chemical stability, and easy fabrication into a membrane.
On the basis of application, the global gas separation membrane market growth has been classified into industrial gases separation, CO2 removal, acid gases separation from natural gas, hydrogen recovery, hydrocarbons recovery, and others. The CO2 removal segment accounted for the largest share of the market in 2017. The major factors favoring growth of this segment are stringent government regulations to curb CO2 emissions and membrane technology being the most effective separation technique available for this purpose.
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Regional Analysis
The global gas separation membrane market size has been studied with respect to five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. Asia-Pacific is expected to be the leading regional market during the forecast period. Increasing demand for CO2 trapping to control global warming and significant growth of the natural gas production in the region are estimated to be the key drivers of the market.
Competitive Analysis
The leading players in the global gas separation membrane market are Membrane Technology and Research Inc (US), Ube Industries Ltd (Japan), Schlumberger Limited (US), Air Liquide Advanced Separation (US), Air Products and Chemicals Inc (US), Evonik Industries AG (Germany), SRI International (US), Honeywell International Inc (US), Generon IGS Inc. (US), DIC Corporation (Japan), and FUJIFILM Manufacturing Europe BV (the Netherlands).
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