Gas Separation Membranes Market to Witness Huge Growth by Key Players: Air Products and Chemicals Inc, Honeywell UOP, Schlumberger Limited, DIC Corporation, Generon Inc

Global Gas Separation Membranes Market 2022-2026, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. An exclusive data offered in this report is collected by research and industry experts team.

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The global gas separation membranes market size is projected to reach USD 1.2 billion by 2026 from USD 0.9 billion in 2021, at a CAGR of 6.7% during the forecast period.

The report provides a comprehensive analysis of company profiles listed below:
• Air Products and Chemicals Inc. (US)
• Air Liquide Advanced Separations (France)
• Ube Industries Ltd. (Japan)
• Honeywell UOP (US)
• Fujifilm Manufacturing Europe B.V. (Netherlands)
• Schlumberger Limited (US)
• DIC Corporation (Japan)
• Parker-Hannifin Corporation (US)
• Membrane Technology and Research Inc. (US)
• Generon Inc. (US).

Polyimide & polyaramide accounted for the largest share amongst other material types in the gas separation membranes market
The polyimide & polyaramide segment is the largest and is also projected to continue this trend till 2026. The key growth driver of the high consumption of this material type is owing to properties such as good permeation rates, good selectivity, high chemical and thermal stability, mechanical strength, and good film-forming properties. Polyimide & polyaramide gas separation membranes are used for separating one or more gases from a gaseous mixture as they exhibit good permeation rates with good selectivity.

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"Carbon dioxide removal segment accounted for the largest market share amongst other applications in the gas separation membranes market"
The carbon dioxide removal segment is the largest consumer of gas separation membranes. Carbon dioxide is commonly found in natural gas, and its separation is necessary to meet pipeline requirements or other specifications. Also, in carbon capture and storage (CCS) processes, carbon dioxide has to be separated from the exhaust gas streams before the subsequent transportation and storage. Membrane gas separation technology is one of the efficient solutions for carbon dioxide removal as it is more compact, energy-efficient, and possibly more economical than conventional technologies, such as solvent absorption.

"APAC is projected to grow the fastest in the gas separation membranes market during the forecast period."
APAC is the fastest-growing market for gas separation membranes. This growth is primarily credited to the expanding demand for natural gas, biogas, and other environmentally sustainable energy solutions in developing economies, such as India, China, Indonesia, Malaysia, and others in the region. Moreover, growth in population and increasing urbanization rate are also driving the industrial growth and energy demand.

Competitive Landscape of Gas Separation Membranes Market:
1 Introduction
1.1 Gas Separation Membranes Market, Key Developments
2 Market Share Analysis
3 Ranking Analysis Of Key Market Players, 2020
3.1 Air Liquide Advanced Separations
3.2 Air Products And Chemicals
3.3 Honeywell Uop
3.4 Ube Industries
3.5 Fujifilm Manufacturing Europe B.V.
4 Competitive Evaluation Quadrant (Tier 1)
4.1 Star
4.2 Pervasive
4.3 Emerging Leader
4.4 Strength Of Product Portfolio
4.5 Business Strategy Excellence
5 Competitive Evaluation Quadrant (Other Key Players)
5.1 Progressive Companies
5.2 Responsive Companies
5.3 Dynamic Companies
5.4 Strength Of Product Portfolio (Other Key Players)
5.5 Business Strategy Excellence (Other Key Players)
6 Competitive Situation & Trends
6.1 Product Launches
6.2 Deals
6.3 Others

Research Coverage:
This report covers the gas separation membranes market and forecasts its market size until 2026. The market has been segmented based on material type, application, and region. The report also provides detailed information on company profiles and competitive strategies adopted by the key players to strengthen their positions in the market. The report also provides insights into the driving and restraining factors in the gas separation membranes market, along with opportunities and challenges across these industries. It also includes profiles for top manufacturers in the market.

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