Press release
Dehydration Membrane Market is Estimated to Reach USD 551.16 Million by the end of 2029: Cognitive Market Research
Dehydration Membrane Market is Estimated to Reach USD 551.16 Million by the end of 2029: Cognitive Market Research
Before being transported to the distribution network, solvents and gases must be dehydrated to stop corrosion and stop the growth of solid hydrates. Membrane technology is a feasible option for this application.
The goal of membrane dehydration is to prevent the production of hydrates throughout the process, as well as to attain the standard amount of water while preventing corrosion.
The dehydration membrane can dehydrate a wide range of compounds, including alcohols, ethers, ke-tones, and aromatic and aliphatic hydrocarbons, which are essential in the chemical, pharmaceutical, electronics, and other sectors. As a result, there is a considerable demand for dehydration membranes has been observed.
Market Insight:
• Global Dehydration Membrane Market is valued at USD 361.36 Million in 2017 and is expected to reach USD 551.16 Million by the end of 2029, growing at a CAGR of 5.53% between 2022 and 2029.
• In 2017, the Gas Dehydration Revenue was USD 199.51 Million and it expected to reach at USD 295.84 Million in 2029
• In 2017, the Isopropanol Dehydration Revenue in Dehydration Membrane was USD 70.00 Million, and it will reach USD 109.48 Million in 2029.
• Asia Pacific Dehydration Membrane market size was USD 84.47 Million in 2017 and it will be USD 139.40 Million in 2029.
To know more The Dehydration Membrane Market statistics click here: https://www.cognitivemarketresearch.com/dehydration-membrane-market-report
Market Drivers:
• Recording growth and usage of solvents in pharmaceutical and chemical industries
With the increasing number of communicable and non-communicable diseases and increasing incidences of diseases, significant growth in the pharmaceutical industries is been recorded. Moreover, increasing accessibility to healthcare facilities and medicine, increasing disposable income, healthcare spending, and rising concerns associated with heath are also driving the growth of pharmaceutical industries, especially in emerging countries.
Thus, dehydration membrane technology is one of the most active essential components for chemical purification and separation. Thus, the dehydration membrane technology system is installed in most pharmaceutical and chemical industries for the dehydration of solvents.
Thus, recording growth and usage of solvents in pharmaceutical and chemical industries is driving the growth of the dehydration membrane market.
The increasing usage of pipelines for natural gas
• Restraints for Dehydration Membrane Market
Presence of alternative
• Opportunities for Dehydration Membrane Market
Rising usage of ethanol dehydration in ethanol production
Cognitive Market Research Company's Research Methodology - https://www.cognitivemarketresearch.com/research-methodology
Market Segmentation:
Type:
• Gas Dehydration
Gas dehydration is the removal of water vapor from a gas stream to reduce the temperature at which water condenses from the stream. Membrane dehydration is a method of gas desiccation that uses a hollow-fiber membrane to remove water vapor. It is a low-cost and long-lasting method of controlling natural gas dew point as well as removing H2O, CO2, and H2S.
• Solvent Dehydration
When it comes to solvent dehydration, hydrophilic membranes are frequently utilized because they preferentially enable water to permeate through, generating a permeate with high-water content and dehydrating the solvent in the retentate. Membrane dehydration systems for organic solvents are widely employed in the pharmaceutical and fine chemicals industries.
Application:
• Isopropanol Dehydration
In the electronics, pharmaceutical, and precision machine parts sectors, isopropanol (IPA) is frequently used as a drying solvent and cleaning agent. The IPA becomes polluted with water as it is used. Typically, the solution cannot be utilized when the water concentration surpasses 15 to 20 wt% water. The membrane technique is now available for any operator producing more than a few hundred gallons of IPA per day.
• Ethanol
At 95 wt% ethanol and 5 wt% water, ethanol forms an azeotrope with water. As a result, simple distillation may quickly dehydrate wet ethanol to 90 percent ethanol. However, draining the residual water necessitates the use of a different approach. The need for membrane dehydration rises as a result
• Acetonitrile
• THF
• Methane
Get free sample pages of latest published Dehydration Membrane Market Report:
https://www.cognitivemarketresearch.com/dehydration-membrane-market-report
Competitive Analysis for Dehydration Membrane Market:
Generon, UBE Industries, Mitsubshi Chemical, Air Liquide, SMS, Hitachi Zosen Corporatin, Y2Kfiltration
• UBE Corporation
UBE Corporation is a Japan based manufacturer of chemicals and machineries. It has presence in Europe, North America, Asia and South America continents. the company has over 10,000 employees worldwide.
The company is operating insider two business segments: chemicals & machinery. Chemicals segment is further classified into, synthetic rubber, engineering plastics, caprolactam, industrial chemicals, liquified gas, polyethylene, ammonium sulfate, polyimide and others. Further, machineries are classified into die casting machines, injection molding machines, extrusion presses, vertical mills and others. The company is offering Solvent dehydration membrane.
• Air Liquide
Air Liquide Company segmented into gas & services which includes healthcare, electronics, engineering & construction and others. Air Liquide is present in over 75 countries with approximately 66,400 employees and serves more than 3.8 million customers and patients. It has around 64,500 employees worldwide. The company assist different industries such as aeronautics, automotive, beverage, chemicals, food & beverage, waste water treatment and others. Liquid CO2 is included in gas solutions in carbonation segment.
News:
• August 2022
UBE Corporation announced to establish a New Compounding facility in Thailand
UBE Corporation has decided to establish a new compounding facility for special grades at one of its local subsidiaries in Thailand, UBE Chemicals (Asia) Public Company Limited, in response to growing demand for related products in the Asian region.
• August 2022
UBE acquired all shares of API Corporation
UBE Corporation has agreed to acquire all shares of API Corporation, wholly owned by Life Science Institute, Inc., a Mitsubishi Chemical Group Company, and signed a share transfer agreement.
Related Report:
• Vacuum Dehydration Oil Purification System Market- https://www.cognitivemarketresearch.com/vacuum-dehydration-oil-purification-system-market-report
• Glycol Dehydration System Market- https://www.cognitivemarketresearch.com/glycol-dehydration-system-market-report
• Vacuum Dehydration Systems Market- https://www.cognitivemarketresearch.com/vacuum-dehydration-systems-market-report
• Dehydration Monitoring Systems Market- https://www.cognitivemarketresearch.com/dehydration-monitoring-systems-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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Illinois, 60602
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About Cognitive Market Research:
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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