Gas Separation Membrane Market is set to grow at high CAGR 2023 owing increasing product demand for CO2 removal: MRFR
Gas Separation Membrane Market: Information by Material Type (Porous Inorganic, Polymeric, Microporous Organic), Application (Industrial Gases separation, Acid Gases Separation), End-Use Industry (Chemical, Oil and Gas), Region — Global Forecast till 2023
Pune, India – August 20, 2019 /MarketersMedia/ —
Gas Separation Membrane Market to Register Healthy Growth Due to Energy Efficiency.
Low Capital Investment to Positively Impact Gas Separation Membrane Market Growth.
Gas Separation Membrane Market Analysis:
The global gas separation membrane market is predicted to grow at a notable CAGR over the forecast period (2016-2023), as per the latest Market Research Future (MRFR) report. A gas separation membrane, simply put, is an interphase amongst two adjacent phases that act as a barrier, thus regulating the transport of gases between gas mixtures. This technology is extensively used in different gas processing applications, including manufacturing, chemical, and petrochemical, and others. The permeation rate rests on its solubility in the membrane material as well as the diffusion rates of gases.
Get FREE Sample Request @ https://www.marketresearchfuture.com/sample_request/7193
Various factors are propelling the gas separation membrane market growth. These factors, as stated by the MRFR report, include burgeoning demand for biogas in emerging countries, cost-effectiveness, and various benefits offered by gas separation membranes such as high process flexibility, low space requirement and low weight, low maintenance and operation cost, simplicity, ease of installation, low capital investment, and energy efficiency.
On the contrary, strict regulations on plasticization of the polymeric membrane may impede the gas separation membrane market growth over the forecast period.
Market Segmentation:
The Market Research Future report provides a wide segmental analysis of the gas separation membrane market based on application, material type, and end use industry.
Based on material type, the gas separation membrane market is segmented into hybrid, microporous organic, polymeric, porous inorganic, and others. The polymeric segment is further segmented into polysulfone, cellulose acetate, and polyimide. The porous inorganic segment is further segmented into alumina, ceramics, and metal zeolite. Of these, the polymeric segment will have the largest share in the market over the forecast period. This is owing to its largescale consumption for carbon dioxide separation membranes. Besides, this material has excellent physical properties, including easy fabrication into membranes, high chemical and thermal stability, and good mechanical strength.
Based on application, the gas separation membrane market is segmented into hydrocarbons recovery, hydrogen recovery, acid gases separation from natural gas, carbon dioxide removal, industrial gases separation, and others. Of these, the carbon dioxide removal application segment will dominate the market over the forecast period.
Based on end use industry, the gas separation membrane market is segmented into food and beverages, electric power, oil and gas, chemical, and others. Of these, the chemical industry will lead the market over the forecast period. This is owing to the burgeoning demand for gas separation membranes for its long lifespan, low energy consumption needs, and low capital costs in comparison to other forms of gas separation techniques.
Regional Analysis:
Based on the region, the gas separation membrane market report covers the latest trends and growth opportunities across North America, Asia Pacific (APAC), Latin America, Europe, and the Middle East and Africa (MEA). Of these, the APAC region will have the lion’s share in the market over the forecast period. This is owing to its rising use for controlling carbon dioxide emissions from industrial effluents, strict government regulations for curbing gaseous emissions, growing demand in acid gaseous separation, and rapid growth in the natural gas production in this region.
The gas separation membrane market in Europe is predicted to have significant growth over the forecast period. This is owing to extensive use of gas separation membrane in natural gas processing plans to separate acid gases.
Key Players:
Leading players profiled in the gas separation membrane market report include SRI International (US), DIC Corporation (Japan), Generon IGS Inc. (US), Honeywell International Inc (US), FUJIFILM Manufacturing Europe BV (the Netherlands), Evonik Industries AG (Germany), Membrane Technology and Research Inc (US), Schlumberger Limited (US), Air Liquide Advanced Separation (US), Ube Industries Ltd (Japan), and Air Products and Chemicals Inc (US), among others.
July 2019: A subsidiary of Dutch company Bright BiomGas Separation Membrane, the Bright BiomGas Separation Membrane North America will soon launch its first-ever biogas upgrade project in New York, US. This project will help in refining biogas from manure for producing RNG (renewable natural gas), a natural gas substitute. The RNG projects will be the foremost on the US East Coast that will come with a highly-efficient three-stage separation technology.
Browse Full Report @ https://www.marketresearchfuture.com/reports/gas-separation-membrane-market-7193
TABLE OF CONTENTS:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.3 List Of Assumptions
2.4 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Factor Analysis
4.1 Supply Chain Analysis
4.1.1 Raw Material Suppliers
4.1.2 Manufacturers/Producers
4.1.3 Distributors/Retailers/Wholesalers/E-Commerce Merchants
4.1.4 End Users
4.2 Porter’s Five Forces Model
4.2.1 Threat Of New Entrants
4.2.2 Intensity Of Competitive Rivalry
4.2.3 Threat Of Substitutes
4.2.4 Bargaining Power Of Suppliers
4.2.5 Bargaining Power Of Buyers
5 Market Dynamics Of Global Gas Separation Membrane Market
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Challenges
LIST OF TABLES:
Table 1 Global Gas Separation Membrane Market, By Region, 2016—2023
Table 2 North America: Gas Separation Membrane Market, By Country, 2016—2023
Table 3 Europe: Gas Separation Membrane Market, By Country, 2016—2023
Table 4 Asia-Pacific: Gas Separation Membrane Market, By Country, 2016—2023
Table 5 Middle East & Africa: Gas Separation Membrane Market, By Country, 2016—2023
Table 6 Latin America: Gas Separation Membrane Market, By Country, 2016—2023
Table 7 Global Gas Separation Membrane Material Type Market, By Region, 2016—2023
Table 8 North America: Gas Separation Membrane Material Type Market, By Country, 2016—2023
Table 9 Europe: Gas Separation Membrane Material Type Market, By Country, 2016—2023
Table 10 Asia-Pacific: Gas Separation Membrane Material Type Market, By Country, 2016—2023
Table 11 Middle East & Africa: Gas Separation Membrane Material Type Market, By Country, 2016—2023
Table 12 Latin America: Gas Separation Membrane Material Type Market, By Country, 2016—2023
LIST OF FIGURES:
FIGURE 1 Global Gas Separation Membrane Market Segmentation
FIGURE 2 Forecast Research Methodology
FIGURE 3 Porter’s Five Forces Analysis Of Global Gas Separation Membrane Market
FIGURE 4 Value Chain/Supply Chain Of Global Gas Separation Membrane Market
FIGURE 5 Share Of Global Gas Separation Membrane Market, By Country, 2017 (%)
FIGURE 6 Global Gas Separation Membrane Market, 2016—2023
FIGURE 7 Global Gas Separation Membrane Market Size, By Material Type, 2017 (%)
Contact Info:
Name: Akash Anand
Email: Send Email
Organization: Market Research Future
Address: Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune – 411028 Maharashtra, India
Phone: +1 646 845 9312
Website: https://www.marketresearchfuture.com/reports/gas-separation-membrane-market-7193
Source: MarketersMedia
Release ID: 88909900
Copyright © 1999-2013 SproutNews.com
