Latest News- Gas Separation Membrane Market: Polyimide and polyamide is expected to lead the Product segment during 2025-2029

The Gas Separation Membrane Market is being driven by Rising demand for biogas

The Gas Separation Membrane Market is expected to grow at a CAGR of 6.9% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 1053.2 million. In the industrial landscape, gas separation membranes have emerged as a competitive alternative to traditional techniques such as absorption, condensation, cryogenic distillation, and pressure swing absorption. The rising cost of energy and increasing environmental concerns have compelled organizations to explore innovative solutions for reducing costs and emissions. Gas separation membrane technology, with its ability to provide energy efficiency and eco-friendliness, has gained significant traction in various industries. Market trends suggest a growing demand for advanced membrane solutions that can complement or even replace incumbent technologies, offering enhanced performance and sustainability. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Polyimide and polyamide
  • Polysulfone
  • Cellulose acetate
  • Others
• End-user
  • Water and waste treatment
  • Food and beverage
  • Pharmaceutical
  • Others
• Type
  • Polymeric membranes
  • Inorganic membranes
  • Mixed matrix membranes
  • Hybrid membranes
• Application
  • Nitrogen separation
  • Oxygen enrichment
  • Carbon dioxide removal
• Geography
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • APAC
    • China
    • India
    • Japan
  • Middle East and Africa
  • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Rising demand for biogas
• Increasing need for CO2 removal
• Increasing use of gas separation membranes in APAC

However, the market also witnesses some limitations, which are as follows:

• High price of equipment
• Increasing production costs
• Shift of end-use industries from developed countries to emerging countries

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Market Scope in Gas Separation Membrane Market Research Report

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Research Analysis Overview

The Gas Separation Membrane market encompasses the use of advanced technologies like membranes for separating gases from mixtures, surpassing conventional methods such as cryogenic distillation and chemical absorption. These membranes offer energy efficiency and alignment with environmental regulations, reducing CO2 emissions from flue gases in industries like petrochemical and oil & gas. Hydrogen recovery, nitrogen production, and oxygen enrichment are key applications. Membranes like cellulose acetate and polymeric/ceramic are used in CO2 removal, biomedical devices, and reactants, contributing to GHG emissions reduction. Industries strive to meet emission reduction targets while maintaining nitrogen generation and O2 enrichment processes.

Market Research Overview

The Gas Separation Membrane Market is a significant segment of the larger industrial machinery and supplies and components market. This market caters to businesses specializing in the production of membrane-based gas separation technologies, primarily used for applications such as air purification, carbon dioxide capture, and the production of gases like argon, ammonia, and nitrogen for various industries. Key growth drivers include increasing demand for improved air quality in industries like biomedical devices, expanding production capacities in process and discrete industries, and the growing need for energy and chemical production in developing countries. Technavio's market analysis projects that the global industrial machinery and supplies and components market will experience substantial growth due to the escalating demand for energy, chemicals, and petrochemicals, pulp and paper products, and processed food and beverages worldwide.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/