Gas Separation Membrane Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 1.97 Billion |
| Market Size (2029) | USD 2.61 Billion |
| CAGR (2024 - 2029) | 5.87 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Gas Separation Membrane Market Analysis
The Gas Separation Membrane Market size is estimated at USD 1.97 billion in 2024, and is expected to reach USD 2.61 billion by 2029, growing at a CAGR of 5.87% during the forecast period (2024-2029).
COVID-19 had a significant impact on the entire supply chain of the oil and gas industry, pharmaceutical industry, and biomedical devices industry, owing to strict lockdowns in several regions and thus negatively impacting the market for gas separation membranes. However, with the lifting of restrictions, the market is expected to gain pace with time and continue to grow during the forecast period.
- The primary factors driving the market study include the rising demand for membranes in carbon dioxide separation operations and stringent government regulations governing GHG emissions.
- On the contrary, the plasticization of polymeric membranes in high-temperature applications and the upscaling and adoption of new membranes have significantly hampered market growth.
- Nevertheless, the development of mixed matrix membranes (MMM) and polymeric membranes, as well as expanding applications, are projected to open new potential in the market under consideration.
- The Asia-Pacific region is the largest market and is predicted to be the fastest-growing market throughout the projection period, owing to rising demand in China, India, and Japan.
Gas Separation Membrane Market Trends
Nitrogen Generation and Oxygen Enrichment Application to Dominate the Market
- The processes of nitrogen generation and oxygen enrichment are integral parts of the chemical industry for the isolation of required products and the recovery of the reactants. The gas separation membrane modules build custom-made nitrogen or oxygen-enriched air generator systems for commercial and industrial applications.
- One major type of membrane used is polymeric, which operates at ambient or warm temperatures and may produce oxygen-enriched air (25-50% oxygen). Ceramic membranes are the other types used that may provide high-purity oxygen (90% or more). However, they require higher temperatures-around 800-900 degrees Celsius-to operate.
- Membrane gas separation is used to provide nitrogen-rich gases instead of air to fill jetliners' fuel tanks, reducing the likelihood of inadvertent burns and explosions. Nitrogen is widely utilized in the Haber process to produce ammonia. Ammonia is then employed in various chemical syntheses to produce fertilizers. Nitrogen is also used in packing and refrigeration, among other things.
- Furthermore, in today's world, oxygen and nitrogen are in high demand from the industrial sector, and large volumes are necessary for steel production. Nowadays, current basic oxygen steelmaking consumes almost 2 tons of oxygen for each ton of steel. As a result, to meet the requirement for oxygen, most steel factories employ gas separation modules, which are an essential aspect of plant operations.
- According to the World Steel Association, global crude steel production was 140.7 million tons (Mt) in December 2022. The total world crude steel production in 2022 was approximately 1,878 million tons, a 4% decrease compared to the production in the prior year. However, in 2023, it is expected to register a positive growth rate due to the increased demand in the industry, thereby driving the current studied market.
- The medical business has seen a surge in demand for oxygen concentrators in recent years, particularly during the pandemic era. With rising demand, several manufacturers intend to expand or open additional plants around the world. INOX Air Products Ltd, for example, announced in March 2022 the construction of India's largest greenfield plant, which will produce 2,150 tons per day (TPD) of industrial gases, including 2000 TPD of gaseous oxygen, 150 TPD of liquid oxygen, 1200 TPD of gaseous nitrogen, and 100 TPD of argon.
- Thus, the increased demand for nitrogen generation and oxygen enrichment will lead to an upsurge in the demand for the gas separation membrane and therefore positively affect the market.
Asia-Pacific to Dominate the Market
- Asia-Pacific is expected to be the largest and fastest-growing market for gas separation membranes, owing to the region's increasing industrialization, which drives the market's growth. The market's expansion is primarily driven by rising demand for carbon dioxide removal from reservoirs, a rising need for sanitation and freshwater, increased urbanization, and higher living standards. Fast expansion and innovation, combined with industry consolidations, will likely drive significant growth in the region's market.
- Nonetheless, the oil and gas industry in China is one of the most important application industries for gas separation membranes. Over the last two decades, China has invested in increasing its refining capacity to support its expanding economy.
- Furthermore, for a long time, China has steadily increased its refining capacity for all types of crude. According to the Institute for Energy Research (IEA), China is expected to have 20 million barrels of refining capacity by the end of 2025, resulting in an increased need for gas separation membranes in the coming years.
- Furthermore, China's crude oil output in 2022 was estimated to be about 204.6 million tons, a 3% increase over the same period last year. According to the National Bureau of Statistics (NBS) of China, the monthly output of crude oil in December 2022 was approximately 17 million tons, a 2.5% rise over the same period last year. Because gas separation membranes are widely employed in the oil and gas industry, from the oil wellhead to oil recovery to the refinery, product demand will skyrocket in the near future.
- Even though India has a large power industry, the growing population, coupled with rising electrification and increasing per capita usage, will propel the industry's size in the upcoming years. According to the Indian Brand Equity Foundation (IBEF), as of October 31, 2022, India's installed renewable energy capacity (including hydro) stood at 165.94 GW, representing 40.6% of the overall installed power capacity.
- Additionally, the increasing use of gas separation membranes to control CO2 emissions from industrial effluents is expected to have a positive impact. Strengthening government regulations to curb gaseous emissions is expected to fuel the demand for the product in the future.
- Furthermore, the significant growth of natural gas production in the region may propel the demand for gas separation membranes in acid gas separation in the regional market.
Gas Separation Membrane Industry Overview
The gas separation membrane market is partially consolidated in nature, with a few major players dominating a significant portion of the market. Some of the major companies are Air Products and Chemicals, Inc., UBE Corporation, Air Liquide Advanced Seperations, DIC Corporation, Fujifilm Corporation, among others.
Gas Separation Membrane Market Leaders
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UBE Corporation
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Air Products and Chemicals, Inc.
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Air Liquide Advanced Seperations
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DIC Corporation
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Fujifilm Corporation
*Disclaimer: Major Players sorted in no particular order
Gas Separation Membrane Market News
- January 2023: UBE Corporation announced the expansion of its polyimide hollow fiber production facilities for gas separation membranes at its Ube Chemical Factory and the gas separation membrane module production facilities at its Sakai Factory in order to meet rapidly growing demand, particularly for CO2 separation membranes. Both expanded facilities are scheduled to go online in the first half of fiscal 2025, increasing production capacity by about 1.8 times.
- January 2022: Toray Industries, Inc. developed a polymeric separation membrane module that can selectively and efficiently permeate hydrogen from mixed gases that contain hydrogen. The new module more than halved the carbon dioxide emissions of hydrogen purification processes and the number of modules required.
Gas Separation Membrane Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
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4.1 Drivers
- 4.1.1 Increasing Demand for Membranes in Carbon Dioxide Separation Processes
- 4.1.2 Strict Government Norms Toward GHG Emissions
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4.2 Restraints
- 4.2.1 Plasticization of Polymeric Membranes in High-Temperature Applications
- 4.2.2 Upscaling and Adoption of New Membranes
- 4.3 Industry Value Chain Analysis
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4.4 Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Buyers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products and Services
- 4.4.5 Degree of Competition
5. MARKET SEGMENTATION (Market Size in Value)
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5.1 Material Type
- 5.1.1 Polyimide and Polyamide
- 5.1.2 Polysulfone
- 5.1.3 Cellulose Acetate
- 5.1.4 Other Material Types
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5.2 Application
- 5.2.1 Nitrogen Generation and Oxygen Enrichment
- 5.2.2 Hydrogen Recovery
- 5.2.3 Carbon Dioxide Removal
- 5.2.4 Removal of Hydrogen Sulphide
- 5.2.5 Other Applications
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5.3 Geography
- 5.3.1 Asia-Pacific
- 5.3.1.1 China
- 5.3.1.2 India
- 5.3.1.3 Japan
- 5.3.1.4 South Korea
- 5.3.1.5 Rest of Asia-Pacific
- 5.3.2 North America
- 5.3.2.1 United States
- 5.3.2.2 Canada
- 5.3.2.3 Mexico
- 5.3.3 Europe
- 5.3.3.1 Germany
- 5.3.3.2 United Kingdom
- 5.3.3.3 Italy
- 5.3.3.4 France
- 5.3.3.5 Rest of Europe
- 5.3.4 South America
- 5.3.4.1 Brazil
- 5.3.4.2 Argentina
- 5.3.4.3 Rest of South America
- 5.3.5 Middle-East and Africa
- 5.3.5.1 Saudi Arabia
- 5.3.5.2 South Africa
- 5.3.5.3 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
- 6.2 Market Ranking Analysis
- 6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
- 6.4.1 Air Liquide Advanced Separations
- 6.4.2 Air Products and Chemicals Inc.
- 6.4.3 DIC Corporation
- 6.4.4 Evonik Industries AG
- 6.4.5 Fujifilm Corporation
- 6.4.6 Generon
- 6.4.7 Honeywell International Inc.
- 6.4.8 Linde PLC
- 6.4.9 Membrane Technology and Research Inc.
- 6.4.10 Parker Hannifin Corp.
- 6.4.11 SLB (schlumberger)
- 6.4.12 Toray Industries Inc.
- 6.4.13 UBE Corporation
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
- 7.1 Development of Mixed Matrix Membranes (MMM)
- 7.2 Development in Polymeric Membranes and Expanding Applications
Gas Separation Membrane Industry Segmentation
A gas separation membrane separates gas molecules based on their chemical properties. These membranes are commonly used in industrial gas separation processes to separate and purify specific gases, such as nitrogen and oxygen. The growing demand for natural gas and energy-saving processes is expected to boost market concentration over the coming years. The gas separation membrane market is segmented by material type, application, and geography. By material type, the market is segmented into polyimide and polyaramid, polysulfone, cellulose acetate, and other material types. By application, the market is segmented into nitrogen generation and oxygen enrichment, hydrogen recovery, carbon dioxide removal, hydrogen sulfide removal, and other applications. The report also covers the market sizes and forecasts for the gas separation membrane market in 15 countries across different regions. For each segment, the market size is provided in terms of revenue (USD billion).
| Material Type | Polyimide and Polyamide | |
| Polysulfone | ||
| Cellulose Acetate | ||
| Other Material Types | ||
| Application | Nitrogen Generation and Oxygen Enrichment | |
| Hydrogen Recovery | ||
| Carbon Dioxide Removal | ||
| Removal of Hydrogen Sulphide | ||
| Other Applications | ||
| Geography | Asia-Pacific | China |
| India | ||
| Japan | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Geography | Europe | Germany |
| United Kingdom | ||
| Italy | ||
| France | ||
| Rest of Europe | ||
| Geography | South America | Brazil |
| Argentina | ||
| Rest of South America | ||
| Geography | Middle-East and Africa | Saudi Arabia |
| South Africa | ||
| Rest of Middle-East and Africa |
Gas Separation Membrane Market Research FAQs
How big is the Gas Separation Membrane Market?
The Gas Separation Membrane Market size is expected to reach USD 1.97 billion in 2024 and grow at a CAGR of 5.87% to reach USD 2.61 billion by 2029.
What is the current Gas Separation Membrane Market size?
In 2024, the Gas Separation Membrane Market size is expected to reach USD 1.97 billion.
Who are the key players in Gas Separation Membrane Market?
UBE Corporation, Air Products and Chemicals, Inc., Air Liquide Advanced Seperations, DIC Corporation and Fujifilm Corporation are the major companies operating in the Gas Separation Membrane Market.
Which is the fastest growing region in Gas Separation Membrane Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Gas Separation Membrane Market?
In 2024, the Asia Pacific accounts for the largest market share in Gas Separation Membrane Market.
What years does this Gas Separation Membrane Market cover, and what was the market size in 2023?
In 2023, the Gas Separation Membrane Market size was estimated at USD 1.86 billion. The report covers the Gas Separation Membrane Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Gas Separation Membrane Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Gas Separation Membrane Industry Report
Statistics for the 2024 Gas Separation Membrane market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Gas Separation Membrane analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
