Gas Separation Membrane Market Size Worth $1.60 Billion By 2032 | CAGR: 6.8%

The global gas separation membrane market size is expected to reach USD 1.60 billion by 2032, according to a new study by Polaris Market Research. The report “Gas Separation Membrane Market Share, Size, Trends, Industry Analysis Report, By Material (Cellulose Acetate, Polysulfone and Polyimide & Polyaramide); By Module; By Application; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

In recent years, manufacturers have focused on designing durable membrane materials with increased selectivity and permeability at more affordable prices. This trend has significantly fueled the growth of the gas separation membrane market. Compared to other polymeric membranes, gas separation membranes are considered the most cost-effective in the industry. Additionally, stringent regulations imposed by governments in various countries to monitor and control carbon dioxide emissions are further driving the growth of the gas separation membrane industry.

The gas separation membrane technology offers several potential benefits, including lower energy requirements, reduced capital investments, and lower operational costs. These advantages are contributing to the overall growth of the gas separation membrane industry. As industries seek more sustainable and cost-effective solutions, the demand for gas separation membranes is expected to continue rising, driving further innovation and market expansion in the coming years.

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Gas Separation Membrane Market Report Highlights

• The polysulfone segment is expected to grow at the fastest CAGR due its known for its excellent thermal and chemical stability in membranes.
• The plate & frame segment led the market in 2023 and is expected to maintain its dominance due to its adaptability and efficiency.
• Asia Pacific holds a significant revenue share in the global Gas Separation Membrane market, driven by thriving industrial sectors, a growing focus on environmental sustainability, and a rising demand for clean energy solutions.
• The global key market players include Air Liquide, Air Products and Chemicals, Inc., UBE Corporation, Honeywell UOP, FUJIFILM Manufacturing Europe B.V., SLB, DIC Corporation, PARKER HANNIFIN CORPORATION, Membrane Technology and Research, Inc. and Generon.

Polaris Market Research has segmented the Gas Separation Membrane market report based on material, module, application and region:

Gas Separation Membrane, Material Outlook (Revenue - USD Billion, 2019 - 2032)

• Cellulose Acetate
• Polysulfone
• Polyimide & Polyaramide

Gas Separation Membrane, Module Outlook (Revenue - USD Billion, 2019 - 2032)

• Plate & Frame
• Hollow Fiber
• Spiral Wound
• Others

Gas Separation Membrane, Application Outlook (Revenue - USD Billion, 2019 - 2032)

• Air Dehydration
• H2S Removal
• Nitrogen Generation & Oxygen Enrichment
• Hydrogen Recovery
• Vapor Separation
• Gas Separation
• Carbon Dioxide Removal
• Others

Gas Separation Membrane, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

• North America

• U.S.
• Canada

• Europe

• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands
• Rest of Europe

• Asia Pacific

• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia
• Australia
• Rest of Asia Pacific

• Latin America

• Argentina
• Brazil
• Mexico
• Rest of Latin America

• Middle East & Africa

• UAE
• Saudi Arabia
• Israel
• South Africa
• Rest of Middle East & Africa

Gas Separation Membrane Market Report Scope