The global Gas Separation Membrane market size was estimated at USD 1.2 billion in 2023 and is projected to reach USD 1.92 billion in 2030 at a CAGR of 7% during the forecast period 2024-2030.
The global gas separation membrane market is undergoing significant expansion driven by several key factors. These membranes, thin and selective barriers, play a crucial role in separating gases based on their molecular properties, supporting applications across diverse industries from natural gas processing to pharmaceuticals. The market's growth is propelled by the increasing emphasis on environmental sustainability, with industries adopting gas separation membranes to capture and purify CO2 emissions, thereby supporting the transition to cleaner energy sources.
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Overall, the gas separation membrane market benefits from its cost-effectiveness, low maintenance requirements, and versatility across multiple industries.
Key Findings:
On the basis of Material type, the polysulfone segment is poised to experience rapid growth with the highest compound annual growth rate (CAGR) during the forecast period in gas separation applications. Polysulfone, an organic polymer, is favored for its robust thermal and chemical stability, making it resistant to mineral acids, electrolytes, and oxidizing agents.
On the basis of Application, the market has been segmented into air dehydration, H2S removal, hydrogen recovery, nitrogen generation & oxygen enrichment, vapor separation, gas separation, and carbon dioxide removal. Among these, the gas separation segment is poised to experience the fastest CAGR during the forecast period in the gas separation membrane market.
Recent Developments
- In September 2023, Membrane Technology and Research, Inc. expanded its operations with the construction of the largest membrane-based carbon capture plant in Gillette, Wyoming. Using its Polaris polymeric membrane technology, the plant aims to capture over 150 tonnes of CO2 daily, marking a significant advancement in carbon capture capabilities. This expansion underscores the company's commitment to enhancing environmental sustainability through innovative membrane solutions.
- In June 2022, FUJIFILM Manufacturing Europe B.V. expanded membrane production at its Tilburg, Netherlands manufacturing plant, emphasizing sustainability. The facility now incorporates initiatives to achieve CO2-neutral operations and employs sustainable technologies for wastewater purification. This expansion has bolstered FUJIFILM's membrane production capacity, enabling the company to meet increasing product demand while advancing its environmental goals.
Competitive Landscape
· Air Products and Chemicals Inc.
· Air Liquide Advanced Separations LLC
· UBE Industries Ltd
· Schlumberger Ltd
· Fujifilm Manufacturing Europe B.V
· Parker-Hannifin Corporation
· Membrane Technology and Research Inc and more.
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Asia Pacific to Dominate the Market
The Asia-Pacific region is poised to lead the global market for gas separation membranes, driven by robust industrial growth, increasing focus on environmental sustainability, and rising demand for clean energy solutions. Key applications such as carbon dioxide removal, sanitation, and freshwater production, alongside urbanization and higher living standards, contribute to the region's market dominance.
The Gas Separation Membrane Market Segmentation:
Based on Material Type
· Polyimide and Polyamide
· Polysulfone
Based on Application
· Nitrogen Generation and Oxygen Enrichment
· Hydrogen Recovery
Based on region:
· Asia Pacific
· North America
· Europe
· South America
· Middle East & Africa
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