Gas Separation Membranes Market: Revenue and growth prediction till 2026

Stratview Research has published a new report titled “Gas Separation Membranes Market” which is segmented by Material Type (Polyimide & Polyaramide, Polysulfone, Cellulose Acetate, and Others), by Application Type (Nitrogen Generation & Oxygen Enrichment, Hydrogen Recovery, and Carbon Dioxide Removal), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

As per the study, gas Separation Membranes is likely to witness an impressive CAGR of 8.2% during the forecast period. Gas separation membranes are employed to isolate and sanitize a specific component from the rest of the vapor mixture or rest of the gas. Gas separation membrane technology is extensively used for gas processing application in industries, such as petrochemical, chemical, and manufacturing. Growing demand from these industries drive the market for gas separation membranes globally.

Report Highlights

This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the market dynamics of the industry. It provides thorough analysis of the market segments which include products, applications, and competitor analysis.

The market is bifurcated into various segments. Below given is the segment-wise analysis -

Based on the material type, the market is segmented as polyimide & polyaramide, polysulfone, cellulose acetate, and others. The polyimide & polyaramide segment dominated the market in 2018, owing to its remarkable properties, such as thermal stability and selectivity.

Based on the application type, the market is segmented as nitrogen generation & oxygen enrichment, hydrogen recovery, and carbon dioxide removal. In 2018, the carbon dioxide removal segment led the market as the largest segment. 

Which Region is expected to remain the largest market?

In terms of regions, Asia-Pacific is expected to be the largest market for gas separation membranes in the coming five years. China and India are the growth engines of the region. The market is driven by the increasing industrialization which propels the gas exploration activities in the region. North America and Europe also offer sizeable growth opportunities during the forecast period.

Who are the Key Players in the Market?

This report provides market intelligence in the most comprehensive way. It also provides critical insights into the key players active in the market, that will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key players activen in the Gas Separation Membranes Market:

• UBE Industries Ltd.
• Air Liquide Advanced Separations LLC
• Air Products and Chemicals Inc.
• Generon Igs Inc.
• Honeywell Uop LLC
• Fujifilm Manufacturing Europe B.V.
• Schlumberger Ltd.
• Parker-Hannifin Corporation
• DIC Corporation
• Membrane Technology and Research Inc.

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