Gas Separation Membrane Market worth $1.6 billion by 2030 | Key players Air Liquide (France), Air Products and Chemicals, Inc. (US), UBE Corporation. (Japan).

According to recent market research the "Gas Separation Membrane Market by Module, Material Type, Application (Nitrogen Generation & Oxygen Enrichment, Hydrogen Recovery, CDR, Vapor/Gas Separation, Vapor/Vapor Separation, Air Dehydration, H2S Removal), and Region - Global Forecast to 2030", gas separation membrane market is projected to reach USD 1.6 billion by 2030, at a CAGR of 7.4% from USD 1.0 billion in 2023. The major factors propelling the gas separation membrane market include the increasing demand for membranes in carbon dioxide removal. However, a significant challenge in this market is the plasticization of polymeric membranes in high-temperature applications. Nonetheless, there are opportunities for market growth, such as the rising focus on clean energy sources like hydrogen and natural gas, which has led to an increasing demand for efficient gas separation technologies. Additionally, the development of mixed matrix membranes presents further opportunities for advancement in the industry.

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Polyimide & polyaramide gas separation membranes have exceptional chemical compatibility and heat resistance, making them suitable for challenging operational environments. Their exceptional gas separation capabilities, specifically in the removal of carbon dioxide, are attributed to their distinctive structure and composition. Polyimide and polyaramide exhibit the capacity to efficiently purify gases, making them valuable in the petrochemical sector, where there is a rising demand for its goods. The increasing demand for environmentally friendly solutions across various industries such as chemical processing, oil & gas, and waste management, fuels the expansion of the gas separation membrane market.

Hollow fibers are composed of a collection of extremely thin, tubular strands, usually crafted from polymers such as cellulose acetate, polyimide, or polymeric materials tailored specifically for gas separation tasks. Each fiber features a porous membrane wall, facilitating gas separation. The design of hollow fiber membranes offers several benefits, including a large surface area, compact structure, scalability, and the ability to selectively separate gases. These attributes render hollow fiber membranes versatile and highly effective for various gas separation needs across diverse industries.

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Asia Pacific is the fastest growing region in the gas separation membrane market in 2023. This growth is attributed to several factors, including the region's robust economic growth, escalating demand for sanitation and clean water, advancing urbanization trends, and improving living standards. Government initiatives focused on manufacturing, emission reduction, and the promotion of eco-friendly products are fostering innovation in gas separation membrane technologies. Additionally, the increasing adoption of gas separation membranes across diverse applications such as carbon dioxide capture and hydrogen recovery are propelling market growth in this region, supported by continuous technological advancements.

New product launches and expansions are the major growth strategies adopted by the key players in the market. The key global players in the gas separation membrane market include are Air Liquide (France), Air Products and Chemicals, Inc. (US), UBE Corporation. (Japan), Honeywell UOP (US), FUJIFILM Manufacturing Europe B.V. (Netherlands), SLB (US), DIC Corporation (Japan), PARKER HANNIFIN CORPORATION (US), Membrane Technology and Research, Inc. (US), and Generon (US) among others.

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Air Liquide is a renowned producer and supplier of industrial and specialty gases, along with production technologies and storage solutions. The company caters to a diverse range of industries including automotive, glass, metals, electronics, food, petrochemicals, and healthcare. The company operates through three segments, namely, gas & services, engineering & construction, and global markets & technologies. The company has a presence in 73 counties across North America, South America, the Middle East & Africa, Asia, and Europe, with 5 R&D centers across Tokyo, Delaware, and Paris. Gas separation membranes are offered by the Air Liquide Advanced Separations (ALaS) division of the oil & gas services segment. The company provides membranes for applications related to hydrogen, nitrogen, natural gas, and biogas, which serve various industries such as oil & gas, marine, aero, petrochemical, and renewable energy. Air Liquide Advanced Separations manufactures membranes with advanced hollow fibers, which provide high mechanical strength and high membranes productivity. These membranes are designed with high-performance fibers and can perform in high temperatures and high pressures.

Air Products and Chemicals, Inc. is a leading provider of atmospheric, process, and specialty gases, serving a wide array of industries including refining, chemical, metals, electronics, manufacturing, and food & beverage. The company specializes in developing, engineering, building, owning, and operating industrial gas projects, including gasification projects aimed at converting natural resources into syngas sustainably to produce power, fuels, and chemicals. The company operates through 5 business segments, namely, Industrial Gases Americas; Industrial Gases Asia; Industrial Gases Europe, Industrial Gases Middle East and India, and Corporate and other. The company offers gas separation membranes under Industrial Gases Regional (Americas, EMEA, Asia). The company has a presence in more than 50 countries, with regional offices in the US, UK, China, Saudi Arabia, and India. Air Products recently introduced a new brand identity for its membrane business units, unifying them under the name "Air Products Membrane Solutions." This streamlined approach aims to enhance the customer experience, foster collaboration, and drive innovation across the organization.

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