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Emerging Gas Separation Membrane Market Trends: Advancements in Biogas Membrane Technology Shaping the Future of the Industry
Gas Separation Membrane
Gas Separation Membrane Market Size Growth Forecast: What to Expect by 2025?
In the past few years, the market size for gas separation membranes has seen significant growth. Its size is projected to increase from $2.29 billion in 2024 to $2.48 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 8.5%. Factors that contributed to this growth during the historical period include industrial expansion, environmental regulations, exploration of oil and gas, an enhanced focus on the environment within the manufacturing sector, water treatment, as well as food and beverage processing.
How Will the Gas Separation Membrane Market Size Evolve and Grow by 2029?
Anticipated to experience substantial growth in the upcoming years, the gas separation membrane market is projected to reach a size of $3.6 billion by 2029, with a compound annual growth rate (CAGR) of 9.8%. This growth prediction during the forecast period is largely due to factors such as the advancement of the hydrogen economy, electronics production, industrial gas air separation, pulp and paper industry, escalating demand for pure energy, and the conversion of waste to energy. Key trends emerging in the forecast period encompass polymer membrane technologies, carbon capture and storage (CCS), hollow fiber membranes, metal-organic framework (MOF) membranes, and air separation units (ASUs).
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What Drivers Are Propelling the Growth of Gas Separation Membrane Market Forward?
The gas separation membrane market is being propelled by the soaring demand for biogas. Constructed from methane, carbon dioxide, and minute quantities of other gases, biogas is produced through the oxygen-free anaerobic decomposition of organic compounds. It is increasingly sought after due to growing concerns about environmental safety and the desire for sustainable energy, with gas separation membranes being employed in its manufacture. For example, in February 2024, the American Biogas Council, an American national trade association, stated that 2023 was the third successive year of record-breaking growth in the biogas industry, with almost 100 new initiatives launching, contributing to $1.8 billion in capital investments. This upward trend is expected to continue into 2024, with predictions suggesting over 100 new projects about to become functional this year. In this way, the rising use of biogas is poised to drive demand in the gas separation membrane market.
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Which Emerging Trends Are Transforming the Gas Separation Membrane Market in 2025?
Leading companies in the gas separation membranes market are making advances towards biogas membrane technology to increase the overall effectiveness and efficiency of biogas purification processes. Biogas membrane technology, a type of specialized filtration system, is designed to selectively separate gases - primarily methane and carbon dioxide - from biogas. This aids in the purification and upgrading of biogas for use as a renewable energy source. It has found wide application in waste management and renewable energy sectors to enhance the quality of biogas for uses like electricity generation, vehicular fuel, and integration into natural gas grids. As an illustration, in September 2024, Evonik, a chemical company based out of Germany, introduced its latest advanced biogas membrane, SEPURAN Green G5X 11. This membrane is uniquely tailored to improve the efficiency of converting biogas into renewable natural gas (RNG) for large-scale projects, including those at landfills, agricultural sites, and wastewater treatment centers.
What Are the Key Segments in the Gas Separation Membrane Market?
The gas separation membranemarket covered in this report is segmented -
1) By Product Type: Polyimide And Polyaramid, 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 Or Gas Separation, Vapor Or 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
Subsegments:
1) By Polyimide And Polyaramid: High-performance Polyimide Membranes, Polyaramid Membranes
2) By Polysulfone: Asymmetric Polysulfone Membranes, Composite Polysulfone Membranes
3) By Cellulose Acetate: Flat Sheet Cellulose Acetate Membranes, Hollow Fiber Cellulose Acetate Membranes
4) By Other Products: Ceramic Membranes, Mixed Matrix Membranes, Metal Membranes
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Who Are the Key Players Shaping the Gas Separation Membrane Market's Competitive Landscape?
Major companies operating in the gas separation membrane market include Schlumberger Limited, Evonik Industries AG, Parker-Hannifin Corporation, Air Liquide Advanced Separations, Air Products and Chemicals Inc., W. L. Gore & Associates Inc., UBE Corporation, Honeywell UOP LLC, Chart Industries Inc., Yantai Moon New Energy Materials Co. Ltd., Porvair Filtration Group Ltd., Membracon Incorporated, Xebec Adsorption Inc., Carbon Clean Solutions Limited, Generon IGS Inc., Zhejiang Yuanda Air Separation Equipment Co. Ltd., GRASYS JSC, Membrane Technology and Research (MTR) Inc., PETROSEP Corporation, Advantec MFS Inc., AirSep Corporation, Tianjin Univtech Co. Ltd.
What Geographic Markets Are Powering Growth in the Gas Separation Membrane Market?
Asia-Pacific was the largest region in the gas separation membrane market in 2024. Asia-Pacific region is expected to be the fastest-growing region in the gas separation membrane market share during the forecast period. The regions covered in the gas separation membrane market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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