Gas Separation Membranes Market Analysis:
Gas separation membranes are used to separate gases from a gas mixture when gas particle diameters differ and the difference in gas particle sizes is minimal. Gas separation membrane units are smaller than other types of plants and therefore have relatively smaller tracks.
Gas separation membranes mainly uses polymers as a membrane material for gas separation. Their ability to be processed into hollow fibers with high surface areas make them appealing. These are used to separate nitrogen from air, carbon dioxide and water removal from natural air, Organic vapor removal from air or nitrogen streams and many more.
COVID-19 Impact
- The global market for gas separation membranes is severely impacted by the outbreak of the COVID-19 pandemic.
- The COVID-19 pandemic saw a decline in the economic growth in almost all the major countries, thus affecting consumer spending patterns.
- Owing to the lockdown implemented across various countries, national and international transport have been hampered, which has significantly impacted the supply chain of numerous industries across the globe, thereby increasing the supply–demand gap.
- Thus, insufficiency in raw material supply is expected to hamper the production rate of gas separation membranes, which negatively impact the market growth.
Top impacting factors: Market Scenario Analysis, Trends and Drivers
Gas separation membrane market is mainly driven by removal of carbon dioxide from natural gas (which is found in high level in natural gas), since carbon dioxide is one of the acidic gas and is highly corrosive in nature when in contact with water and thus ends up corroding pipeline and equipment. Carbon dioxide also reduces pipeline capacity as well as the heating value of natural gas. Therefore, for better transmission and processing of natural gas it is essential to remove carbon dioxide.
Gas separation membranes have higher energy efficiency at much lower costs as well as added protection for the environment in the process to meet the rising awareness, and legislations supporting environmental sustainability. Moreover, the increasing prices of energy supplies, and fluctuation in its supply becomes a major driver of growth for players in the global gas separation membranes market and thus creating great opportunities.
There are many technologies for gas removals, such as amine guard process, cryogenic process, pressure swing adsorption, thermal swing adsorption and many more. But membrane technology is more and more used, as it is economical and allows a substantial amount of transmission of natural gas.
Countries such as South Korea, India, China, and Indonesia have great opportunities in the near future due to its growing demand for carbon dioxide removal and increase in demand for biogas.
However, mixed matrix membranes are being developed to provide an alternative cost-effective membrane which provides ease of processability, high permeability and selectivity. Moreover, these hybrid materials also offer the benefit of low cost and superior mechanical properties as compared to typical inorganic membranes. Furthermore, regulations related to plasticization of polymeric membranes are also hindering the growth of the gas separation membranes market by creating hurdles in expansion.
There are certain technical disadvantages as well which are hindering the growth of gas separation market, such as inability to serve large volume gas streams and being compatible for only moderate volume gas streams owing to flux and selectivity issues.
Key benefits of the report:
- This study presents the analytical depiction of the global gas separation membranes market along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global gas separation membranes market share.
- The current market is quantitatively analyzed to highlight the global gas separation membranes market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global gas separation membranes market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions answered in the Gas Separation Membranes Marketresearch report:
- Who are the leading market players active in the gas separation membranes market?
- What would be the detailed impact of COVID-19 on the market?
- What current trends would influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the gas separation membranes market?
- What are the projections for the future that would help in taking further strategic steps?
Gas Separation Membranes Market Report Highlights
Aspects | Details |
By Material |
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By Application |
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By Module Type |
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By Region |
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Key Market Players | Air Products and Chemicals, Inc., Evonik Industries, Ube Industries Ltd., Membrane Technology and Research Inc., DIC Corporation, Atlas Copco AB, Generon LLC., Parker Hannifin Corporation, Honeywell UOP, Schlumberger Ltd., Air Liquide Advanced Separations, Fujifilm Manufacturing Europe B.V. |
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