The global polymer gas separation membrane Market was valued at $0.78 billion in 2021 and it is expected to reach $1.56 billion at a CAGR of 6.4% between 2022 and 2032. Increasing demand for gas membranes is anticipated throughout the forecast period as they find several applications in various industries. The fundamental part of the gas separation system is a gas membrane. These gas membranes are capable of separating mixtures of gases from ambient gases.
By region, Asia-Pacific is expected to dominate this market across the globe.
Increasing demand for gas membranes is anticipated throughout the forecast period as they find several applications in various industries. The fundamental part of the gas separation system is a gas membrane. These gas membranes are capable of separating mixtures of gases from ambient gases. Additionally, the Polymer Gas Separation Membrane market is benefiting from developments in digital technology that allow for more effective production, portfolio expansion, operational maintenance, and sales tracking. Increasing disposable incomes in developing countries that are developing quickly, decentralized networks, intelligent automation, and a proliferation of demand for smart storage are a few of the important market developments. Energy consumption, automotive, industrial, and consumer goods sales are all boosted by the post-pandemic economic recovery, which will eventually result in an exceptional growth rate.
Source: SAI Research
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Many different technologies, including the Benfield process, the amine guard method, the cryogenic process, and thermal swing absorption, were applied in many industry verticals. However, among such procedures, gas separation membrane technologies are used in many different industries since they are incredibly affordable and adaptable even in low-stress situations. Such elements are anticipated to fuel the growth of the gas separation membrane market. Other technologies that are predicted to impede the overall expansion of the Gas separation membrane sector have also been developed as a result of technological advancements and inventions.
A variety of membranes, including polymeric membranes, mixed membranes, silica membranes, microporous membranes, zeolite membranes, and others, can be used for gas separation. Gas separation based on membranes offers some benefits, including reduced operating and maintenance costs, a user-friendly approach, and decreased energy consumption. The pharmaceutical business is also concentrating on the creation of novel separation procedures and methods to lower the costs associated with producing active ingredients.
Global demand for hydrogen is rising along with the desire for renewable energy. To produce cleaner, higher-value fuels and meet consumer demand for chemical products and electronics, hydrogen is widely used in hydro-treating and hydrocracking. Additionally, hydrogen is separated from natural gas using the separation membranes in steam reforming processes. This method combines the conversion of methane and the separation of hydrogen into a single component. The degree of chemical conversion is increased in this situation due to the equilibrium shifting caused by constant hydrogen removal, which also boosts plant efficiency.
Based on type, the hollow fiber segment accounted for the highest share of this market. Thousands of long, porous filaments that are between 1 and 3.5 mm broad and are potted in a PVC shell are used in hollow fiber filtering. Each filament is flexible and has a very small diameter. All filtering processes, from reverse osmosis to microfiltration, can benefit from the usage of the hollow fiber. Because of the short strand diameter, hollow fiber membranes have an extremely high packing density. The flexibility of the strands makes it possible to create some filter configurations that are not achievable with conventional filtration setups. They can process feed streams with high total suspended solids and can also be air scoured and reverse-flushed from the permeate side. Hence, these benefits are driving the segment.
In terms of application type, the CO2 recovery category is expected to increase due to its rising demand. In the last ten years, polymer science and membrane research have jumped on the CO2 separation and capture bandwagon. The discussion of new polymeric membrane materials includes a few polymers with a high concentration of polar functional groups. Additionally, each CO2 separation application's most promising candidates are highlighted. The generation of natural gas and other chemical processes, such as the creation of ammonia and hydrogen, both depend on the separation of carbon dioxide from gaseous mixtures.
Geographically, the Asia-Pacific region has dominated the market and is also expected to hold its dominant position during the forecast period. Most of the major players are established in several countries of this region, which is a plus point for the market. Moreover, this is because enterprises are using gas separation membranes more frequently to reduce CO2 emissions. The Asia-Pacific region has a wide range of businesses, so there is a greater need to reduce CO2 emissions. The market in Asia Pacific is anticipated to increase as a result of increasing government measures to support biogas production.
According to the study, key players such as Air Products (U.S), Air Liquide (France), DIC Corporation (Japan), Honeywell International (U.S), Innovative Gas Systems (U.S), KNM Group Berhad (Malaysia), Mahler AGS GmbH (Germany), Novamem (Switzerland), Parker Hannifin (U.S), RAG-Stiftung (Germany), SRI International (U.S), Tianbang (China), Theway Membranes (India), UBE Industries (Japan), among others are leading the global polymer gas separation membrane market.
Report Coverage | Details |
Market Size in 2021 | US$ 0.78 Billion |
Market Volume Projection by 2032 | US$ 1.56 Billion |
Forecast Period 2022 to 2032 CAGR | 6.4% |
Base Year: | 2021 |
Historical Data | 2019, 2020 and 2021 |
Forecast Period | 2022 to 2032 |
Segments covered |
By Type: Hollow Fiber, Spiral Wound & Others By Application Type: Isolation of Inert N2 from Air, H2 Recovery, Co2 Removal From Natural Gas, Vapor Separation & Others |
Geographies covered |
North America, Europe, Asia-Pacific, LAMEA |
Companies covered | Air Products (U.S), Air Liquide (France), DIC Corporation (Japan), Honeywell International (U.S), Innovative Gas Systems (U.S), KNM Group Berhad (Malaysia), Mahler AGS GmbH (Germany), Novamem (Switzerland), Parker Hannifin (U.S), RAG-Stiftung (Germany), SRI International (U.S), Tianbang (China), Theway Membranes (India), UBE Industries (Japan), among others. |
The Global Polymer Gas Separation Membrane Market Has Been Segmented Into:
The Global Polymer Gas Separation Membrane Market – by Type:
The Global Polymer Gas Separation Membrane Market – by Application Type:
The Global Polymer Gas Separation Membrane Market – by Application Type:
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