Gas Separation Membrane Market Size (2024 - 2029)

The Gas Separation Membrane Market is anticipated to experience growth over the forecast period, driven by increasing demand for membranes in carbon dioxide separation and stringent regulations on greenhouse gas emissions. Despite challenges such as the plasticization of polymeric membranes at high temperatures and the slow adoption of new membranes, advancements in mixed matrix and polymeric membranes are expected to create new opportunities. The Asia-Pacific region stands out as the largest and fastest-growing area, fueled by demand in countries like China, India, and Japan.

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Market Size of Gas Separation Membrane Industry

Gas Separation Membrane Market Summary
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

Gas Separation Membrane Market Major Players

*Disclaimer: Major Players sorted in no particular order

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 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
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
Italy
France
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa
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Gas Separation Membrane Market Size Summary

The gas separation membrane market is poised for significant growth over the forecast period, driven by increasing demand for carbon dioxide separation and stringent government regulations on greenhouse gas emissions. The market, which experienced disruptions due to the COVID-19 pandemic, is expected to recover and expand as restrictions are lifted. Key challenges include the plasticization of polymeric membranes in high-temperature applications and the need for upscaling and adopting new membrane technologies. However, advancements in mixed matrix membranes and expanding applications are anticipated to create new opportunities. The Asia-Pacific region, particularly China, India, and Japan, is expected to be the largest and fastest-growing market, fueled by rising industrialization and demand for nitrogen and oxygen in various sectors.

The gas separation membrane technology is integral to several industries, including oil and gas, pharmaceuticals, and steel production. These membranes are crucial for processes such as nitrogen generation and oxygen enrichment, which are essential for reducing the risk of explosions in fuel tanks and producing ammonia for fertilizers. The medical sector has also seen increased demand for oxygen concentrators, further driving market growth. In Asia-Pacific, the oil and gas industry, particularly in China, is a significant application area, with the country expanding its refining capacity. The growing need for CO2 emission control and natural gas production in the region is expected to bolster the demand for gas separation membranes. The market is partially consolidated, with major players like Air Products and Chemicals, Inc., UBE Corporation, and Air Liquide Advanced Separations leading the industry.

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Gas Separation Membrane Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Increasing Demand for Membranes in Carbon Dioxide Separation Processes

      2. 1.1.2 Strict Government Norms Toward GHG Emissions

    2. 1.2 Restraints

      1. 1.2.1 Plasticization of Polymeric Membranes in High-Temperature Applications

      2. 1.2.2 Upscaling and Adoption of New Membranes

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Buyers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION (Market Size in Value)

    1. 2.1 Material Type

      1. 2.1.1 Polyimide and Polyamide

      2. 2.1.2 Polysulfone

      3. 2.1.3 Cellulose Acetate

      4. 2.1.4 Other Material Types

    2. 2.2 Application

      1. 2.2.1 Nitrogen Generation and Oxygen Enrichment

      2. 2.2.2 Hydrogen Recovery

      3. 2.2.3 Carbon Dioxide Removal

      4. 2.2.4 Removal of Hydrogen Sulphide

      5. 2.2.5 Other Applications

    3. 2.3 Geography

      1. 2.3.1 Asia-Pacific

        1. 2.3.1.1 China

        2. 2.3.1.2 India

        3. 2.3.1.3 Japan

        4. 2.3.1.4 South Korea

        5. 2.3.1.5 Rest of Asia-Pacific

      2. 2.3.2 North America

        1. 2.3.2.1 United States

        2. 2.3.2.2 Canada

        3. 2.3.2.3 Mexico

      3. 2.3.3 Europe

        1. 2.3.3.1 Germany

        2. 2.3.3.2 United Kingdom

        3. 2.3.3.3 Italy

        4. 2.3.3.4 France

        5. 2.3.3.5 Rest of Europe

      4. 2.3.4 South America

        1. 2.3.4.1 Brazil

        2. 2.3.4.2 Argentina

        3. 2.3.4.3 Rest of South America

      5. 2.3.5 Middle-East and Africa

        1. 2.3.5.1 Saudi Arabia

        2. 2.3.5.2 South Africa

        3. 2.3.5.3 Rest of Middle-East and Africa

Gas Separation Membrane Market Size FAQs

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.

In 2024, the Gas Separation Membrane Market size is expected to reach USD 1.97 billion.

Gas Separation Membrane Market Report Snapshots

Gas Separation Membrane Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)