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Gas Separation Membrane Market (2023-2032): Top Companies Overview, Share, Growth, Size And Opportunities
Gas Separation Membrane Global Market
Gas Separation Membrane Market Size, Growth Rate, And Forecast
The global gas separation membrane market size grew from $1.88 billion in 2022 to $2.09 billion in 2023 at a compound annual growth rate (CAGR) of 11.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The gas separation membrane market size is expected to grow to $3.01 billion in 2027 at a CAGR of 9.5%.
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Gas Separation Membrane Market Drivers
The growing demand for biogas is driving the gas separation membrane market. Biogas is a mixture of methane, carbon dioxide, and trace amounts of other gases created by the anaerobic decomposition of organic materials in an oxygen-free environment. Biogas is high in demand due to rising environmental safety issues and the demand for sustainable energy. Gas separation membranes are used in manufacturing biogas.
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Gas Separation Membrane Market Segments
1) By Product Type: Polyimide And Polyaramide, Polysulfone, Cellulose Acetate, Other Products
2) By Module: Hollow Fiber, Spiral Wound, Plate And Frame, Other Modules
3) By Application: Nitrogen Generation And Oxygen Enrichment, Hydrogen Recovery, Carbon Dioxide Removal, Vapor/Gas Separation, Vapor/Vapor Separation, Air Dehydration, Other Application
4) By End Use Industry: Chemical, Oil And Gas Industry, Electric Power, Food And Beverages, Other End Use Industry
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Gas Separation Membrane market.
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Gas Separation Membrane Market Key Players
Major competitors in the Gas Separation Membrane market include Air Products and Chemicals, Inc., Air Liquide Advanced Separations, UBE Corporation, Schlumberger Limited
The Table Of Content For The Gas Separation Membrane Market Include:
1. Executive Summary
2. Gas Separation Membrane Market Characteristics
3. Gas Separation Membrane Market Trends And Strategies
4. Gas Separation Membrane Market - Macro Economic Scenario
5. Gas Separation Membrane Market Size And Growth
……
27. Gas Separation Membrane Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Gas Separation Membrane Market
29. Gas Separation Membrane Market Future Outlook and Potential Analysis
30. Appendix
The Business Research Company's "Global Gas Separation Membrane Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
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