Gas Separation Membrane Market Analysis
The global gas separation membrane market is predicted to grow at a notable CAGR over the forecast period (2016-2023), as per the latest Market Research Future (MRFR) report. A gas separation membrane, simply put, is an interphase amongst two adjacent phases that act as a barrier, thus regulating the transport of gases between gas mixtures. This technology is extensively used in different gas processing applications, including manufacturing, chemical, and petrochemical, and others. The permeation rate rests on its solubility in the membrane material as well as the diffusion rates of gases.
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Various factors are propelling the gas separation membrane market growth. These factors, as stated by the MRFR report, include burgeoning demand for biogas in emerging countries, cost-effectiveness, and various benefits offered by gas separation membranes such as high process flexibility, low space requirement and low weight, low maintenance and operation cost, simplicity, ease of installation, low capital investment, and energy efficiency.
On the contrary, strict regulations on plasticization of the polymeric membrane may impede the gas separation membrane market growth over the forecast period.
The Market Research Future report provides a wide segmental analysis of the gas separation membrane market based on application, material type, and end use industry.
Based on material type, the gas separation membrane market is segmented into hybrid, microporous organic, polymeric, porous inorganic, and others. The polymeric segment is further segmented into polysulfone, cellulose acetate, and polyimide. The porous inorganic segment is further segmented into alumina, ceramics, and metal zeolite. Of these, the polymeric segment will have the largest share in the market over the forecast period. This is owing to its largescale consumption for carbon dioxide separation membranes. Besides, this material has excellent physical properties, including easy fabrication into membranes, high chemical and thermal stability, and good mechanical strength.
Based on application, the gas separation membrane market is segmented into hydrocarbons recovery, hydrogen recovery, acid gases separation from natural gas, carbon dioxide removal, industrial gases separation, and others. Of these, the carbon dioxide removal application segment will dominate the market over the forecast period.
Based on end use industry, the gas separation membrane market is segmented into food and beverages, electric power, oil and gas, chemical, and others. Of these, the chemical industry will lead the market over the forecast period. This is owing to the burgeoning demand for gas separation membranes for its long lifespan, low energy consumption needs, and low capital costs in comparison to other forms of gas separation techniques.
Based on the region, the gas separation membrane market report covers the latest trends and growth opportunities across North America, Asia Pacific (APAC), Latin America, Europe, and the Middle East and Africa (MEA). Of these, the APAC region will have the lion’s share in the market over the forecast period. This is owing to its rising use for controlling carbon dioxide emissions from industrial effluents, strict government regulations for curbing gaseous emissions, growing demand in acid gaseous separation, and rapid growth in the natural gas production in this region.
The gas separation membrane market in Europe is predicted to have significant growth over the forecast period. This is owing to extensive use of gas separation membrane in natural gas processing plans to separate acid gases.
Leading players profiled in the gas separation membrane market report include SRI International (US), DIC Corporation (Japan), Generon IGS Inc. (US), Honeywell International Inc (US), FUJIFILM Manufacturing Europe BV (the Netherlands), Evonik Industries AG (Germany), Membrane Technology and Research Inc (US), Schlumberger Limited (US), Air Liquide Advanced Separation (US), Ube Industries Ltd (Japan), and Air Products and Chemicals Inc (US), among others.
July 2019: A subsidiary of Dutch company Bright Biomethane, the Bright Biomethane North America will soon launch its first-ever biogas upgrade project in New York, US. This project will help in refining biogas from manure for producing RNG (renewable natural gas), a natural gas substitute. The RNG projects will be the foremost on the US East Coast that will come with a highly-efficient three-stage separation technology.
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