Gas Separation Membranes Market size is expected to reach USD 2 Billion by the end of 2035, witnessing around 6% CAGR during the forecast period, i.e., 2023 – 2035. In the year 2022, the industry size of gas separation membranes was over USD 1 Billion. The market growth is accredited to the world's rapid industrialization and concern about carbon emissions from various end-use industries. In 2021, global manufacturing output increased by 7.2%, surpassing pre-pandemic levels.
Gas separation is important in many industries and for many industrial processes including carbon capture, chemical purification, and fuel production by cryogenic distillation, absorption, adsorption, and membrane processes to curb the gas emission in the environment. The gas separation membrane technologies are mostly used commercially as it provides better selectivity, low energy consumption as well as easily engineered modules. According to research, in the case of purification of natural gas, high CO2 purity can be achieved along with efficient CH4 recovery of up to 96% with this technology.
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Base Year |
2022 |
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Forecast Year |
2023-2035 |
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CAGR |
~6% |
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Base Year Market Size (2022) |
~ USD 1 Billion |
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Forecast Year Market Size (2035) |
~ USD 2 Billion |
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Regional Scope |
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Growth Drivers
Challenges
Application (Nitrogen Generation & Oxygen Enrichment, Carbon Dioxide Removal, Hydrogen Recovery)
The carbon dioxide removal segment is estimated to gain the largest market share of about 45% by 2035. Governments around the world are attempting to implement stringent regulatory frameworks to reduce the global carbon footprint by reducing carbon dioxide emissions from industries, which is positively influencing segment growth. It was found that since 2000, global carbon dioxide (CO2) emissions from industries and fossil fuels exhibited notable growth and reached about 36.5 billion metric tons of CO2 in 2019.
Additionally, the hydrogen recovery segment is slated to generate the highest revenue through 2035 owing to the augmenting demand for hydrogen globally that can be fulfilled by the recovery & separation of hydrogen from various gaseous mixtures including nitrogen, CO, or hydrocarbons.
Material Type (Polyimide & Polyamide, Polysulfone, Cellulose Acetate)
The polyimide & polyamide segment will dominate the gas separation membranes market with a significant growth rate during 2035. The segment growth is backed by the elevating number of desalinating projects globally with the rising shortage of potable water. It was found that in the United States, on average there runs 50 to 75 important desalination projects per year. Most of which have an average capacity of nearly 1 million gals per day. The demand for polyamide (PA) membranes in desalination industries for selective water permeation and salt rejection, and for reverse osmotic (RO) desalination of seawater to produce drinking water is majorly expected to boost segment growth.
Furthermore, the flourishing demand for these products for acidic gas removal, heavy hydrocarbon recovery, water dehydration as well as oxygen and helium separation is further anticipated to boost the segment growth.
Our in-depth analysis of the global market includes the following segments:
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Material Type |
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Application |
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APAC Market Forecast
The gas separation membranes market in Asia Pacific is expected to garner the largest share of 40% by the end of 2035, backed by the flourishing pharmaceutical industry and the existence of a giant base of various chemical industries in the region specifically in countries such as India and China. The Asian region’s revenue from the chemical sector was found to reach around 59% of the total global chemical industry's revenue in 2019. Furthermore, the rising need for low-energy and environmentally friendly technologies to curb the escalating pollution in the Asia Pacific region is bolstering the demand for gas separation membranes in the region.
European Market Statistics
The Europe gas separation membranes market is estimated to be the second largest, registering a share of about 28% by the end of 2035. The rising industrialization together with the massive imposition of government regulation to reduce carbon emissions & other GHG emissions under the European climate law is predicted to propel the market expansion. For instance, as per the European climate law, European Union countries are bound to reduce greenhouse gas emissions by at least 55% by 2030. Hence, with the rising employment of various carbon dioxide as well as other greenhouse gas removal and separation technologies in the region.
Author Credits: Smruti Ranjan, Rajrani Baghel
Ans: The advancements in gas separation technologies and the growing use of membrane gas separation processes in several end-use industries are the major factors driving the growth of the market.
Ans: The market size of gas separation membranes is anticipated to attain a CAGR of ~6% over the forecast period, i.e., 2023 – 2035.
Ans: The major players in the market are Air Products and Chemicals Inc., Membrane Technology and Research Inc., Generon IGS, Inc., and Air Liquide S.A.
Ans: The carbon dioxide removal segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
Ans: The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
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