Originally Published on Technavio | Gas Separation Membrane Market Analysis North America, Europe, EMEA, APAC : US, Canada, China, Germany, UK - Size and Forecast 2023-2027

Embark on an exploration of the Gas Separation Membrane Market's transformative journey, poised to surge by USD 841.31 million from 2022 to 2027, boasting a robust CAGR of 6.3%. Unveiling comprehensive insights, the report meticulously dissects the Gas Separation Membrane Market landscape, categorizing it based on diverse products such as Polyimide and polyamide, Polysulfone, Cellulose acetate, and Others. Delving into end-user dynamics for Water and waste treatment, Food and beverage, Pharmaceutical, and Others, the study navigates through geographical nuances spanning North America, Europe, APAC, Middle East, and Africa, and South America.

Market Dynamics:
At the forefront of market growth is the burgeoning demand for biogas, derived from biodiesel and ethanol byproducts, as well as anaerobic digestion of energy crops. Positioned as a versatile energy carrier, biogas offers substantial potential to meet escalating demands in power, heating, and fuel markets, backed by its resource efficiency. With the global biogas market witnessing significant growth, the Gas Separation Membrane Market is primed for expansion during the forecast period.

Segment Trends:
Witnessing a prominent surge, the Polyimide and polyamide segment take center stage, valued at USD 551.95 million in 2017. Recognized for flexibility, lightweight composition, and resistance to heat and chemicals, polyimide materials find applications in diverse industries, including electronics, water purification, and concentration of dilute materials from water.

Regional Impact:
North America emerges as a pivotal contributor, anticipated to account for 33% of global market growth. The region, particularly the US, commands leadership in the gas separation membrane domain, driven by high demand across water and waste treatment, industrial gas treatment, pharmaceuticals, and chemical processing sectors. Notably, the US market exhibits a strong focus on CO2 separation and hydrogen gas recovery.

Key Players:
In a landscape characterized by fragmentation, key players such as Air Liquide SA, Air Products and Chemicals Inc., Airlane Co. Ltd., Asahi Kasei Corp., and DIC Corp. play pivotal roles. The competitive analysis spans 15 major companies, including Evonik Industries AG, FUJIFILM Corp., and Honeywell International Inc.

Segment Overview:
The Gas Separation Membrane Market report foretells market growth through in-depth revenue analysis at global, regional, and country levels, offering insights into the latest trends and growth prospects from 2017 to 2027.

To Learn deeper into this report, View Sample PDF
For More Information, Contact us.