Contact Us
Phase-Xs | Biologics & Biosimilars | Coherent Market Insights

Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Gas separation can be done by using a variety of membranes such as polymeric membranes, mixed membranes, silica membranes, microporous membranes, zeolite membranes, and others. Gas separation based on membranes provides several advantages such as low costs involved in operation and maintenance, user-friendly approach, and lower energy consumption. Membrane-based gas separation system uses the difference in permeability of gas molecules passing through the membrane material, to separate the gases from each other. Gas separation techniques are widely adopted in oil refinery and gas production industries for applications such as dehydration of natural gas, carbon dioxide removal, and production of liquid nitrogen. The pharmaceutical industry is focused on development of novel methods for separation processes to reduce the costs involved in active ingredient manufacturing. Gas separation membranes are used in the pharmaceutical industry to separate oxygen gas for medical purposes.

Global Gas Separation Membrane Market - Impact of the Coronavirus (COVID-19) Pandemic

Coronavirus (COVID-19) outbreak was first reported on December 31, 2019, in Wuhan, China. The World Health Organization had declared COVID-19 as pandemic on March 11, 2020. According to the Coronavirus (COVID-19) Weekly Epidemiological Update by the World Health Organization, over 3.5 million new cases (global) were reported from May 24, 2021 to May 31, 2021 due to coronavirus disease (COVID-19).

Impact of COVID-19 on Demand and Supply of Gas Separation Membranes

The COVID-19 pandemic and lockdown in various countries across the globe have impacted the financial status of businesses across all sectors. The private healthcare sector is one such sector that has been majorly impacted by the pandemic.

The COVID-19 pandemic has impacted the entire supply chain of the oil & gas industry, pharmaceutical industry and biomedical devices industry, mainly due to strict lockdown in several regions. However, the demand for gas separation membranes is expected to increase once lockdown restrictions are eased by the government.

The COVID-19 pandemic has affected the economy in three main ways; 1) by directly affecting the production and demand; 2) by creating disruptions in distribution channels; and 3) through its financial impact on companies and financial markets.

Thus, impact of the coronavirus (COVID-19) pandemic is expected to limit the growth of the global gas separation membrane market during the forecast period, owing to the decrease in the production and supply of the oil & gas industrial equipment and biomedical devices during the pandemic.

The global gas separation membrane market is estimated to be valued at US$ 972.1 Mn in 2021, and is expected to exhibit a CAGR of 5.3% over the forecast period (2021-2028).

Figure 1: Global Gas Separation Membrane Market Share (%) Analysis, By Application, 2021

Gas Separation Membrane  | Coherent Market Insights

The increasing demand for carbon dioxide removal is the major factor that is expected to drive the market growth over the forecast period.

Rising carbon footprint across the globe due to industrial activities has led to stringent regulations on carbon emission, which increases the need for carbon dioxide removal techniques, this is expected to drive the growth of gas separation membrane market over the forecast period. According to the Environmental Protection Agency (EPA), 23% of the total greenhouse gas emission in 2019 was contributed by industries across the globe.

Increasing demand of biogas production and government initiatives to promote biogas production leads to a positive impact on global gas separation membrane market worldwide. For instance, according to the World Biogas Association (WBA) report 2019, Finland government provides tax exemption to Biogas plants for production of biomethane under their Renewable Energy Development Act.

Moreover, increasing number of research and development activities for improving the efficacy of gas separation membranes is expected to aid in the growth of global gas separation membrane market over the forecast period. For instance, in October 2017, Evonik, a German chemicals company obtained a patent for a newly improved three-step membrane process that eliminates additional purification step and generates high yield of gas at a lower energy consumption level.

The rising focus of market players on mergers and acquisitions is expected to further grow the gas separation membrane market over the forecast period. For instance, in 2018, Honeywell, an American conglomerate company acquired Ortloff Engineers, Ltd., an American oil and energy company, to increase business in the gas separation membrane market sector.

request-sample

Gas Separation Membrane Market Report Coverage

Report Coverage Details
Base Year: 2020 Market Size in 2021: US$ 972.1 Mn
Historical Data for: 2017 to 2020 Forecast Period: 2021 to 2028
Forecast Period 2021 to 2028 CAGR: 5.3% 2028 Value Projection: US$ 1,395.4 Mn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East: GCC, Israel, and Rest of Middle East
  • Africa: South Africa, North Africa, and Central Africa
Segments covered:
  • By Product Type: Polyimide & polyaramide, Polysulfone, Cellulose acetate, Others
  • By Module: Hollow Fiber, Spiral Wound, Plate and Frame, Others
  • By Application: Nitrogen generation & oxygen enrichment, Hydrogen recovery, Carbon dioxide removal, Vapor/gas separation, Vapor/vapor separation, Air dehydration, Others
  • By End User: Pharmaceutical Industry, Food and Beverage Industry, Others
Companies covered:

Fujifilm Manufacturing Europe B.V., Air Products and Chemicals, Inc., Honeywell UOP, Air Liquide Advanced Separations,    Schlumberger Ltd., DIC Corporation, Ube Industries Ltd., Parker Hannifin Corporation, Membrane Technology and Research Inc., and Generon

Growth Drivers:
  • Increasing demand for membranes in carbon dioxide separation processes
  • Growing demand of Biogas
  • Increasing inorganic market strategies by the market players
  • Increasing R&D activities by government and market players
  • Increasing product launches by market players
Restraints & Challenges:
  • Plasticization of polymeric membranes
  • High production cost of metallic membranes

Global Gas Separation Membrane Market – Restraints

However, growth of the gas separation membrane market is hindered by issues related to plasticization of polymeric membranes and expensive production process of metallic membranes. According to the Handbook of Plasticizers, Third Edition, 2017, stated that plasticization of polymers leads to reduced performance of the polymeric membrane due to high permeability and low selectivity. Also, the polymeric membrane can totally collapse due to its reduced mechanical strength following plasticization.

Global Gas Separation Membrane Market – Regional Analysis

On the basis of region, the global gas separation membrane market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.

Asia Pacific region is expected to hold dominant position in the global gas separation membrane market over the forecast period, owing to growing industrialization and rise in natural gas consumption for industrial, residential, and commercial use. For instance, according to the National Energy Association (NEA), China witnessed an increase of 10% in the natural gas consumption rate in 2019. Moreover, according to the Trade Map report, 77.32 million tons of natural gas was imported by Japan in 2019.

Rising government initiatives to promote biogas production is expected to drive growth of the market in Asia Pacific. For instance, in December 2018, the Indian government announced its plan to build around 5,000 biogas plants across the country.

North America region is expected to show promising growth in gas separation membrane market due to rising consumption of natural gas as gas separation membranes are required for purification of natural gas. According to the U.S. Energy Information Administration data, in 2020, the total estimate of consumed natural gas added up to 30.48 trillion cubic feet in U.S.

Figure 2: Global Gas Separation Membrane Market Value (US$ 228.44 Mn), by Region, 2021

Gas Separation Membrane  | Coherent Market Insights

Global Gas Separation Membrane Market – Competitive Landscape

Major players operating in the global gas separation membrane market include Fujifilm Manufacturing Europe B.V., Air Products and Chemicals, Inc., Honeywell UOP, Air Liquide Advanced Separations,    Schlumberger Ltd., DIC Corporation, Ube Industries Ltd., Parker Hannifin Corporation, Membrane Technology and Research Inc., and Generon.

Recent advancements in the petrochemical industries has led to an increased use of membranes for gas separation. The membranes act as a permeable medium through which gas molecules can pass on the basis of their size and solubility in the medium. Gas separation membrane system is widely used to separate air into oxygen and nitrogen, in natural gas dehydration process, for hydrogen gas recovery in oil refinery, for the removal of volatile organic liquids (VOL) from exhaust streams, and for separation of methane from biogas. A variety of membrane materials have been used for gas separation such as polymer, zeolite, silica, and others. For instance, in March 2019, NGK Insulators, Ltd., a Japanese ceramics company announced the use of DDR-type zeolite membrane for the demonstration test of CO2 recovery during oil production.

Market Dynamics

Market players are increasing investments in research and development activities, which could contribute to the growth of the global gas separation membrane market over the forecast period. For instance, in February 2018, Air Liquide Advanced Separations, a French chemical and electronics manufacturer made an investment of US$ 170 million for setting up an Air Separation Unit (ASU) in Secunda that produces 5,000 tons of oxygen per day. This enabled the company to expand their market potential to South Africa region.

Market players are focusing on launch of products, which is expected to strengthen their position in the global gas separation membrane market. For instance, in 2018, Evonik Industries AG, a German chemical company launched SEPURAN NG membrane to enable efficient processing of natural gas.

Market players are involved in market strategies such as acquisition and partnership with other companies in order to enhance distribution, this is expected to drive the growth of the gas separation membrane market. For instance, in 2018, Air Products and Chemicals Inc., an American chemical company, signed an agreement with Royal Dutch Shell plc, a British-Dutch oil and gas company to acquire its coal gasification technology business. Moreover, in April 2017, Honeywell UOP, an American oil and gas company received a contract from Dangote oil refinery to provide design services, technology licensing, and advanced equipment for oil and gas refinery plants.

Key features of the study:

  • This report provides an in-depth analysis of global gas separation membrane market, provides market size (US$ Million), and compound annual growth rate (CAGR %) for the forecast period (2021-2028), considering 2020 as the base year.
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market.
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
  • It profiles leading players in the global gas separation membrane market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans.
  • Key companies covered as a part of this study include Fujifilm Manufacturing Europe B.V., Air Products and Chemicals, Inc., Honeywell UOP, Air Liquide Advanced Separations, Schlumberger Ltd., DIC Corporation, Ube Industries Ltd., Parker Hannifin Corporation, Membrane Technology and Research Inc., and Generon.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion, and marketing tactics.
  • The global gas separation membrane market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts.
  • Stakeholders would have ease in decision making through various strategy matrices used in analyzing the global gas separation membrane market.

Detailed Segmentation:

  • Global Gas Separation Membrane Market, By Product Type:
    • Polyimide & polyaramide
    • Polysulfone
    • Cellulose acetate
    • Others
  • Global Gas Separation Membrane Market, By Module:
    • Hollow Fiber
    • Spiral Wound
    • Plate and Frame
    • Others
  • Global Gas Separation Membrane Market, By Application:
    • Nitrogen generation & oxygen enrichment
    • Hydrogen recovery
    • Carbon dioxide removal
    • Vapor/gas separation
    • Vapor/vapor separation
    • Air dehydration
    • Others
  • Global Gas Separation Membrane Market, By End User:
    • Pharmaceutical Industry
    • Food and Beverage Industry
    • Others
  • Global Gas Separation Membrane Market, By Region:
    • North America
      • By Product Type:
        • Polyimide & polyaramide
        • Polysulfone
        • Cellulose acetate
        • Others
      • By Module:
        • Hollow Fiber
        • Spiral Wound
        • Plate and Frame
        • Others
      • By Application:
        • Nitrogen generation & oxygen enrichment
        • Hydrogen recovery
        • Carbon dioxide removal
        • Vapor/gas separation
        • Vapor/vapor separation
        • Air dehydration
        • Others
      • By End User:
        • Pharmaceutical Industry
        • Food and Beverage Industry
        • Others
      • By Country:
        • U.S.
        • Canada
    • Latin America
      • By Product Type:
        • Polyimide & polyaramide
        • Polysulfone
        • Cellulose acetate
        • Others
      • By Module:
        • Hollow Fiber
        • Spiral Wound
        • Plate and Frame
        • Others
      • By Application:
        • Nitrogen generation & oxygen enrichment
        • Hydrogen recovery
        • Carbon dioxide removal
        • Vapor/gas separation
        • Vapor/vapor separation
        • Air dehydration
        • Others
      • By End User:
        • Pharmaceutical Industry
        • Food and Beverage Industry
        • Others
      • By Country:
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Europe
      • By Product Type:
        • Polyimide & polyaramide
        • Polysulfone
        • Cellulose acetate
        • Others
      • By Module:
        • Hollow Fiber
        • Spiral Wound
        • Plate and Frame
        • Others
      • By Application:
        • Nitrogen generation & oxygen enrichment
        • Hydrogen recovery
        • Carbon dioxide removal
        • Vapor/gas separation
        • Vapor/vapor separation
        • Air dehydration
        • Others
      • By End User:
        • Pharmaceutical Industry
        • Food and Beverage Industry
        • Others
      • By Country:
        • U.K.
        • Germany
        • Italy
        • Spain
        • France
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By Product Type:
        • Polyimide & polyaramide
        • Polysulfone
        • Cellulose acetate
        • Others
      • By Module:
        • Hollow Fiber
        • Spiral Wound
        • Plate and Frame
        • Others
      • By Application:
        • Nitrogen generation & oxygen enrichment
        • Hydrogen recovery
        • Carbon dioxide removal
        • Vapor/gas separation
        • Vapor/vapor separation
        • Air dehydration
        • Others
      • By End User:
        • Pharmaceutical Industry
        • Food and Beverage Industry
        • Others
      • By Country:
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • Middle East
      • By Product Type:
        • Polyimide & polyaramide
        • Polysulfone
        • Cellulose acetate
        • Others
      • By Module:
        • Hollow Fiber
        • Spiral Wound
        • Plate and Frame
        • Others
      • By Application:
        • Nitrogen generation & oxygen enrichment
        • Hydrogen recovery
        • Carbon dioxide removal
        • Vapor/gas separation
        • Vapor/vapor separation
        • Air dehydration
        • Others
      • By End User:
        • Pharmaceutical Industry
        • Food and Beverage Industry
        • Others
      • By Country:
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • By Product Type:
        • Polyimide & polyaramide
        • Polysulfone
        • Cellulose acetate
        • Others
      • By Module:
        • Hollow Fiber
        • Spiral Wound
        • Plate and Frame
        • Others
      • By Application:
        • Nitrogen generation & oxygen enrichment
        • Hydrogen recovery
        • Carbon dioxide removal
        • Vapor/gas separation
        • Vapor/vapor separation
        • Air dehydration
        • Others
      • By End User:
        • Pharmaceutical Industry
        • Food and Beverage Industry
        • Others
      • By Country/Region:
        • South Africa
        • Central Africa
        • North Africa
  • Company Profiles
    • Fujifilm Manufacturing Europe B.V.*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Developments/Updates
      • Strategies
    • Air Products and Chemicals, Inc.
    • Honeywell UOP
    • Air Liquide Advanced Separations
    • Schlumberger Ltd.
    • DIC Corporation
    • Ube Industries Ltd.
    • Parker Hannifin Corporation
    • Membrane Technology and Research Inc.
    • Generon

*Key pointers provided are also applicable to other companies covered in the scope of the report.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Overview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Module
      • Market Snippet, By Application
      • Market Snippet, By End User
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Impact Analysis
    • PORTER’s Analysis
    • Industry Trends
    • Pipeline Analysis
    • Key Highlights
    • Regulatory Scenario
    • Product Launch and Approval
    • Acquisition and Collaboration Scenario
  4. Global Gas Separation Membrane Market - Impact of Coronavirus (Covid-19) Pandemic
    • COVID-19 Epidemiology
    • Impact of COVID-19 on Demand and Supply of Gas Separation Membrane
  5. Global Gas Separation Membrane Market, By Product Type, 2017-2028 (US$ Million)
    • Introduction
      • Market Share Analysis, 2021 and 2028 (%)
      • Y-o-Y Growth Analysis, 2018 - 2028
      • Segment Trends
    • Polyimide & polyaramide
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
    • Polysulfone
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
    • Cellulose acetate
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
  6. Global Gas Separation Membrane Market, By Module, 2017 - 2028 (US$ Million)
    • Introduction
      • Market Share Analysis, 2021 and 2028 (%)
      • Y-o-Y Growth Analysis, 2018 - 2028
      • Segment Trends
    • Hollow Fiber
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
    • Spiral Wound
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
    • Plate and Frame
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
  7. Global Gas Separation Membrane Market, By Application, 2017 - 2028 (US$ Million)
    • Introduction
      • Market Share Analysis, 2021 and 2028 (%)
      • Y-o-Y Growth Analysis, 2018 - 2028
      • Segment Trends
    • Nitrogen generation & oxygen enrichment
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
    • Hydrogen recovery
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
    • Carbon dioxide removal
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
    • Vapor/gas separation
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
    • Vapor/vapor separation
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
    • Air dehydration
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
  8. Global Gas Separation Membrane Market, By End User, 2017 - 2028 (US$ Million)
    • Introduction
      • Market Share Analysis, 2021 and 2028 (%)
      • Y-o-Y Growth Analysis, 2018 - 2028
      • Segment Trends
    • Pharmaceutical Industry
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
    • Food and Beverage Industry
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
  9. Global Gas Separation Membrane Market, By Region, 2017 - 2028 (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2021 and 2028 (%)
      • Y-o-Y Growth Analysis, For Regions, 2018 - 2028
      • Regional Trends
    • North America
      • Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Module, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By End User, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Country, 2017 - 2028 (US$ Mn)
        • U.S.
        • Canada
    • Latin America
      • Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Module, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By End User, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Country, 2017 - 2028 (US$ Mn)
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Europe
      • Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Module, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By End User, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Country, 2017 - 2028 (US$ Mn)
        • Germany
        • U.K.
        • France
        • Italy
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Module, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By End User, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Country, 2017 - 2028 (US$ Mn)
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • Middle East
      • Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Module, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By End User, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Country, 2017 - 2028 (US$ Mn)
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Module, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By End User, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Country, 2017 - 2028 (US$ Mn)
        • South Africa
        • Central Africa
        • North Africa
  10. Competitive Landscape
    • Company Profiles
      • Fujifilm Manufacturing Europe B.V.*
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Air Products and Chemicals, Inc.
      • Honeywell UOP
      • Air Liquide Advanced Separations
      • Schlumberger Ltd.
      • DIC Corporation
      • Ube Industries Ltd.
      • Parker Hannifin Corporation
      • Membrane Technology and Research Inc.
      • Generon

*Key pointers provided are also applicable to other companies covered in the scope of the report.

  • Analyst Views
  1. Section
    • Research Methodology
    • About us
    • Contact

*Browse 28 market data tables and 19 figures on "Gas Separation Membrane Market” - Global Forecast to 2028.

FAQgrowicon

Frequently Asked Questions

The global gas separation membrane market is expected to exhibit a CAGR of 5.3% during the forecast period (2021-2028).
The market is estimated to be valued at US$ 972.1 Mn in 2021.
Fujifilm Manufacturing Europe B.V., Air Products and Chemicals, Inc., Honeywell UOP, Air Liquide Advanced Separations, Schlumberger Ltd., DIC Corporation, Ube Industries Ltd., Parker Hannifin Corporation, Membrane Technology and Research Inc., and Generon are some of the prominent players operating in the market.
The market is expected to be valued at US$ 1,395.4 Mn in 2028.
Asia Pacific is the prominent region in the market.
Increasing demand for carbon dioxide removal techniques, growth of natural gas production, increasing research and development activities by the market players, increasing strategic mergers, collaborations, partnerships, and acquisitions among the market players are some of the driving factors, these factors are expected to drive growth of the market.
Existing Clientele

Joining thousands of companies around the world committed to making the Excellent Business Solutions.

View All Our Clients

Our Trusted Patner

Subscribe Newsletter

Kindly Subscribe for our latest news & articles.