In Schörfling and Lenzing, Austria, Evonik Industries AG plans to increase production capacity for its SEPURAN hollow fiber membranes. In Schörfling, the speciality chemicals firm opened a new hollow fiber spinning factory at the start of the year.
The Fraunhofer Institute for Microengineering and Microsystems (IMM) and Parker Hannifin's Engine Mobile Filtration EMEA Division (EMFE) have partnered to advance and test novel, patented hollow fibre membrane technology intended for fuel cell humidification applications.
Author Credits: Smruti Ranjan, Rajrani Baghel
Report ID: 3643
Published Date: Dec 01, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The major factors driving the growth of the market are surge in demand for renewable energy, rise in utilization of natural gas, and growth in improvement in membrane.
The market size of gas separation membrane is anticipated to attain a CAGR of 7.96% over the forecast period, i.e., 2024-2036.
The major players in the market are Honeywell International Inc., UBE Corporation, Evonik Industries AG, Air Products & Chemicals Inc, and others.
The carbon dioxide removal segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.
The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.