The global market for Gas Separation Membranes is estimated at US$1.0 Billion in 2023 and is projected to reach US$1.6 Billion by 2030, growing at a CAGR of 6.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the gas separation membranes market is driven by several factors, including the increasing demand for energy-efficient and sustainable separation processes, advancements in membrane technology, and the expansion of key industrial sectors. The push for more efficient and cost-effective gas separation solutions in industries such as natural gas processing, hydrogen production, and carbon capture is a primary driver. Technological advancements in membrane materials and fabrication techniques are enhancing the performance and expanding the applications of gas separation membranes.
The growing focus on reducing greenhouse gas emissions and implementing carbon capture solutions is also driving demand for these membranes. Additionally, the expansion of the oil and gas, petrochemical, and renewable energy sectors is further propelling market growth, as these industries increasingly adopt membrane technology for their gas separation needs.
The growth in the gas separation membranes market is driven by several factors, including the increasing demand for energy-efficient and sustainable separation processes, advancements in membrane technology, and the expansion of key industrial sectors. The push for more efficient and cost-effective gas separation solutions in industries such as natural gas processing, hydrogen production, and carbon capture is a primary driver. Technological advancements in membrane materials and fabrication techniques are enhancing the performance and expanding the applications of gas separation membranes.
The growing focus on reducing greenhouse gas emissions and implementing carbon capture solutions is also driving demand for these membranes. Additionally, the expansion of the oil and gas, petrochemical, and renewable energy sectors is further propelling market growth, as these industries increasingly adopt membrane technology for their gas separation needs.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Polyimide & Polyamide-based Gas Separation Membranes segment, which is expected to reach US$718.6 Million by 2030 with a CAGR of a 7.0%. The Polysulfone-based Gas Separation Membranes segment is also set to grow at 5.9% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $199.7 Million in 2023, and China, forecasted to grow at an impressive 8.5% CAGR to reach $321.0 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Gas Separation Membranes Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Gas Separation Membranes Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Gas Separation Membranes Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Air Liquide SA, Air Products and Chemicals, Inc., DIC Corporation, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 57 Featured):
- Air Liquide SA
- Air Products and Chemicals, Inc.
- DIC Corporation
- Evonik Industries AG
- FUJIFILM Manufacturing Europe B.V.
- GENERON IGS, Inc.
- Honeywell UOP
- Membrane Technology and Research, Inc.
- Parker-Hannifin Corporation
- Schlumberger Ltd.
- Ube Corp.
- UGS LLC
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- Air Liquide SA
- Air Products and Chemicals, Inc.
- DIC Corporation
- Evonik Industries AG
- FUJIFILM Manufacturing Europe B.V.
- GENERON IGS, Inc.
- Honeywell UOP
- Membrane Technology and Research, Inc.
- Parker-Hannifin Corporation
- Schlumberger Ltd.
- Ube Corp.
- UGS LLC
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 565 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 1 Billion |
| Forecasted Market Value ( USD | $ 1.6 Billion |
| Compound Annual Growth Rate | 6.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 12 |
