Gas Separation Membranes Market | Key players operating in the market include Air Products and Chemicals, Air Liquide Advanced Separations, Ube Industries, Honeywell UOP, Fujifilm Manufacturing Europe B.V.

According to recent market research the "Gas Separation Membranes Market by Material Type (Polyimide & Polyaramide, Polysulfone, Cellulose Acetate), Application (Nitrogen Generation & Oxygen Enrichment, Vapor/vapor separation, Hydrogen Recovery, Air Dehydration, Carbon Dioxide Removal), Module Type and Region - Global Forecast to 2027" published by MarketsandMarkets, the global market size for gas separation membrane was USD 0.9 Billion in 2021 and is projected to reach over USD 1.3 Billion by 2027, at a CAGR of 6.8% between 2022 and 2027.

Gas separation membranes are used for degassing and separating gases from gas mixtures. Gas separation membranes are cost-effective due to low energy consumption and lower operation and maintenance cost. The applications of gas separation membranes include nitrogen generation & oxygen enrichment, hydrogen recovery, carbon dioxide removal, vapor/vapor separation, vapor/gas separation, air dehydration, and others. Polyimide & polyaramide membrane materials have the largest share in the overall gas separation market. The vapor/vapor separation segment is projected to be the fastest-growing application of gas separation membranes during the forecast period.

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The polyimide & polyaramide material segment dominated the overall market in 2021. Polyimide & polyaramide membranes have 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. These membranes have high chemical and thermal stability, mechanical strength, and good film-forming properties. These membranes can be stable up to 7520F in the air or inert atmospheres, which prevents the membrane compaction problems witnessed in other polymers at moderate temperatures. Therefore, these materials are employed in high-temperature applications such as water-gas shift process.

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 mature technologies, such as solvent absorption for carbon dioxide removal. Carbon dioxide removal membranes cater to various applications, such as pipeline gas, biogas, enhanced oil recovery, fuel gas conditioning, methanol cracking and production, and gasification plants.

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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 overall increase in demand for gas separation membranes in emerging economies such as APAC is driving the global gas separation membranes market. Various regulations regarding carbon capture and storage are driving the growth of the gas separation membranes market. The development of mixed matrix membranes is an opportunity for the gas separation membranes market growth. Commercialization of new and advanced membrane systems are also projected to boost market growth of gas separation membranes.

Developing economies are investing in gas exploration projects to reduce carbon emissions. Increasing demand for biogas and the requirement of carbon dioxide separation in various industries in emerging economies are driving the gas separation membranes market. The key players in the gas separation membranes market include 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), and Generon, Inc. (US). The gas separation membranes market report analyzes the key growth strategies, such as new product launches, investment & expansion, agreement & collaboration, and mergers & acquisitions adopted by the leading market players between 2018 and 2021.

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Air Liquide Advanced Separations was the largest player in the gas separation membranes market in 2020. The company has a broad product portfolio for gas separation membranes to a wide range of end users. Gas separation membranes are offered by the Air Liquide Advanced Separations (ALaS) division of the gas & services segment. The company offers diversified and advanced products through huge investments in membrane innovation and technology. The company puts a huge emphasis on R&D and has adopted investment as its key business strategy to strengthen its position in the gas separation membranes market. In July 2021, Air Liquide delivered the largest helium purification plant in Canada. The plant is expected to support North America Heliums site in southwest Saskatchewan, Canada. It is the largest helium production plant in Canada.

Air Products and Chemicals is a leading industrial gases company operating across 44 countries. The company offers gas separation membranes under Industrial Gases - Regional (Americas, EMEA, Asia), which are based on hollow fiber modules. The company offers a wide range of products that serve various industries such as refining, chemical, gasification, metals, electronics, manufacturing, and food & beverage. It has adopted investment & expansion and merger & acquisition as its key business strategy to strengthen its foothold in the global market. In October 2021, Air Products announced a new brand identity for its membrane business units, which will now all operate around the world as Air Products Membrane Solutions. The new identity moves the former business units, including Air Products PRISM Membranes, Air Products Norway, and Permea China Ltd., under one name to simplify the customer experience and further encourage collaboration and innovations.

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