The gas separation membrane market is expected to expand its roots at a steady CAGR of 7.3% during the forecast period. The market is likely to hold a revenue of USD 2.34 billion in 2023 while it is anticipated to cross a value of USD 4.73 billion by 2033.
The research report states that the expanding petrochemical and oil & gas industries along with the pharmaceutical sector widening the boundaries are flourishing the market. Furthermore, complex chemical procedures such as hydrogen recovery from nitrogen and the production of nitrogen through oxygen are widening gas separation membrane applications. The membrane gas separation process involves the separation of any gas from a mixture.
The vendors focus on making the product easier to use and install while adding different layers that can filter out the gases. Alongside this, the gas separation membrane materials such as cellulose acetate remove Co2 from any mixture. The application of a membrane separation process for filtering unwanted food elements with its semi-permeable membrane is trending in the market space. Some other food and beverages application of the gas separation membrane is water purification, concentration, and clarification of any juice.
Gas separation membrane market analysis explains that the leading corporate space in urban cities has caused high levels of pollution. The leading brands are installing air purifiers in their spaces while gas separation membranes help the purifiers in eliminating hazardous gases such as co2. It also eliminates the small particles of carbon and other elements that increase the environmental footprint. This success of the market leads to the growth of other components as well. For example, the gas separation equipment industry has also flourished with a wide range of applications.
| Attributes | Details |
|---|---|
| Gas Separation Membrane Market CAGR (2023 to 2033) | 7.3% |
| Gas Separation Membrane Market Size (2023) | USD 2.34 billion |
| Gas Separation Membrane Market Size (2033) | USD 4.73 billion |
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Short-term Growth (2023 to 2026): The restored verticals along with the numerous pharma applications are likely to flourish the demand for gas separation membranes. Furthermore, the advanced membrane gas separation process involves the addition of different chemical procedures such as nanofiltration and reverse osmosis. With these wide ranges of applications, the market is expected to hold USD 2.34 billion in 2023 while it is likely to reach USD 2.89 billion by 2026.
Mid-term Growth (2026 to 2029): Increased sales of FMCG products such as snacks and other eatables are also using gas separation membranes to pack food while creating vacuum-based packaging. The possible integration of these membranes with other separation units to deliver an effective hybrid process is expected to add value to the market growth. This takes a market value from USD 2.89 billion in 2026 to a value of USD 3.57 billion in 2029.
Long-term Growth (2029 to 2033): Lastly, it comes to the long range of benefits that gas separation membrane provides to different end-users. Benefits like low energy demand, lower maintenance, and customizable. Thus, the market is anticipated to thrive at a slightly lower CAGR of 7.3% between 2023 to 2033.
The market also flourishes due to the restoration of the food and beverages industry and the higher experimentation with packaging and processing. Furthermore, the leading usage of membrane separation process for volatile organic compound removal is also trending in the market.
These membranes are now at high usage in various pharmaceutical activities. Cellulose filters are widely applied filters in microbial analysis and other procedures, making them an important element of pharmaceutical processing.
The lower maintenance and operational costs of this gas separation process are also making it an affordable choice for a long range of applications. Stringent policies around greenhouse gas emissions along with the rising demand for hydrocarbon separation. Moreover, natural gas treatment, carbon dioxide capture, and hydrogen purification are driving the market growth.
Principal Consultant
A few key restraints for the gas separation membrane market are the lack of awareness, higher cost, and lack of additional elements. Alongside this, the limited amount of professionals making the process functional for different applications is also expected to restrict the market growth.
| Region/Country | Revenue Share % (2023) |
|---|---|
| United States | 17.2% |
| Germany | 5.3% |
| Japan | 6.8% |
| Australia | 1.2% |
Spreading Awareness around the Hazardous Gases, Expanding the Food and Beverages, Pharmaceutical Industry is Garnering the Regional Growth.
The United States gas separation membrane market leads in terms of market share in the North American region. The region is expected to hold a market share of 17.2% in 2023. The higher market capture is attributed to the existing well-established production plants for chemicals & oils, key manufacturing companies along with higher investment in R&D. Furthermore, the rising usage of advanced membranes for different verticals especially in chemicals, food & beverages, pharmaceutical & petrochemical industries is anticipated to garner the growth of the market.
These membranes help the air purifiers filter out the harmful gases that can have a negative impact on human health. The United States market is expected to reach around USD 644.6 million by the year 2028.
Stringent Government Laws, Expanding Chemical Research and Development, and Restored Food and Beverage Industries are Flourishing the Market Growth
Chinese gas separation membrane market thrives at a CAGR of 8.4% between 2023 to 2033. The regional growth is attributed to the country’s growing industrialization and adoption of energy-efficient and cost-effective gas separation techniques. Alongside this, China’s growth ladder has also been supported by the rising demand for carbon dioxide removal from reservoirs, increased urbanization, and increased demand for sanitation and fresh water. These elements together enhance the living standard of the Chinese people.
Higher Sales of Air and Water Purifying Agents along with the Expanding Chemical Industry are Propelling the Market Growth
The United Kingdom market thrives at a CAGR of 5.8% during the forecast period. The growth is attributed to the higher consumption of natural gas along with the production of chemical and petrochemical products. This leads to people installing products that save them from hazardous gases and elements.
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| Category | By Application Type |
|---|---|
| Leading Segment | Nitrogen Separation |
| Market Share (2023) | 22.9% |
| Category | By End-user Industry |
|---|---|
| Leading Segment | Petrochemical and Oil & Gas |
| Market Share (2023) | 27.5% |
Based on application type, nitrogen separation leads as it is expected to hold a substantial market share of 22.9% in 2023. The growth is attributed to the higher chemical application for experimentation, lab work, and product sampling. Furthermore, the expanding demand for nitrogen and its separation from products for further usage is garnering the segment's prospects.
Based on the end-use industry, the petrochemical and oil & gas industry leads with an expected market share of 27.5% in 2023. The growth of this segment has flourished through a variety of procedures.
Applying physical separations and chemical conversion to deliver a variety of products from petroleum. These products involve products like aromatics and light olefins. Furthermore, reducing natural oils and petroleum along with stringent government policies to safeguard the environment is also leading to the segment’s growth.
Over the past few years, a shift of manufacturers and their focus toward emerging regions has been witnessed to meet the increasing demand for gas separation membranes. Several key players are also focusing on expanding their production capacities, new production plants, acquisitions, partnerships, and joint venture activities.
How can Gas Separation Membrane Manufacturers Providers Scale their Businesses in the Market?
Market players in the market are working on five key strategies.
Market Developments
The Gas Separation Membrane Market CAGR 2033 is 5.2%.
The market is estimated to secure a size of USD 2.34 billion in 2023.
The projected market value of the market for 2033 is USD 4.73 billion.
Gas separation membrane industry leaders develop through R&D, broaden their product lines, and establish business alliances for market expansion.
Gas separation membrane sales are rising as a result of improved energy efficiency, a demand for industrial gases, legislation, and technology.
1. Executive Summary | Gas Separation Membrane Market 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Material Type 5.1. Polymeric Membrane 5.2. Inorganic Membrane 5.3. Metallic Membrane 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Construction Type 6.1. Hollow Fiber Module 6.2. Spiral Wound Module 6.3. Plate & Frame Module 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 7.1. Nitrogen Separation 7.2. Oxygen Separation 7.3. Acid Gas Separation 7.4. Hydrogen Separation 7.5. Methane Separation 7.6. Carbon Dioxide Separation 7.7. Olefin - Paraffin Separation 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End Use Industry 8.1. Chemical 8.2. Oil & Gas 8.3. Food and Beverages 8.4. Power Generation 8.5. Pharmaceutical 8.6. Pollution Control 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 9.1. North America 9.2. Latin America 9.3. Europe 9.4. Asia Pacific 9.5. MEA 10. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. Key Countries Market Analysis 16. Market Structure Analysis 17. Competition Analysis 17.1. Air Products and Chemicals Inc. 17.2. Air Liquide Advanced Separations LLC 17.3. UBE Industries Ltd. 17.4. Schlumberger Ltd 17.5. Fujifilm Manufacturing Europe B.V. 17.6. Parker-Hannifin Corporation 17.7. Membrane Technology and Research Inc. 17.8. DIC Corporation 17.9. Honeywell International 17.10. Evonik Industries 18. Assumptions & Acronyms Used 19. Research Methodology
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Gas Separation Membrane Market
