Gas separation membranes are commonly used to isolate and purify specific susbatnces from other gases or vapor mixtures. They find their applications acrsoss food & beverage processing, pharmaceutical & medical application, chemical processing, water & wastewater treatment, industrial gas processing and other applications. The use of gas separation technology saves cost and energy and proves more efficient as compared to conventional technologies such as cryogenic distillation, absorption and adsorption. With the increased in cost of energy costs, the use of gas separation membrane technology would become prominent for reducing the environmental impact and overall costs of industrial processes.
MARKET DYNAMICS
The gas separation membranes market has witnessed a significant growth owing to factors such as growing demand for membranes in carbon dioxide separation processes coupled with the cost-effectiveness associated with the use of membrane separation. However, issues related to short lifespan of these membranes and technical difficulties over other gas separation technologies is expected to hamper the gas separation membranes market growth over the projected period. Moreover, rising issues of water scarcity and growing demand for desalination in the developing countries is expected to boost its utlization.
MARKET SCOPE
The "Global Gas separation membranes Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the gas separation membranes market with detailed market segmentation by material, end user industry, and geography. The global gas separation membranes market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading gas separation membranes market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global gas separation membranes market is segmented on the basis of material and end user industry. On the basis of material, the gas separation membranes market is segmented into polymide and polyaramide, polysulfone, cellulose acetate and others. The gas separation membranes market on the basis of the end user industry is classified into separators, heaters and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global gas separation membranes market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The gas separation membranes market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the gas separation membranes market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the gas separation membranes market in these regions.
MARKET PLAYERS
The reports cover key developments in the gas separation membranes market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from gas separation membranes market are anticipated to lucrative growth opportunities in the future with the rising demand for gas separation membranes in the global market. Below mentioned is the list of few companies engaged in the gas separation membranes market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the gas separation membranes market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Air Liquide Advanced Separations LLC
- Air Products and Chemicals Inc.
- DIC Corporation
- Fujifilm Manufacturing Europe B.V.
- Generon Igs Inc.
- Honeywell Uop LLC
- Membrane Technology and Research Inc.
- Parker-Hannifin Corporation
- Schlumberger Ltd.
- UBE Industries Ltd.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.