The global gas separation membrane market size is estimated to be USD 1.0 billion in 2023 and projected to reach USD 1.6 billion by 2030, at a CAGR of 7.4%, between 2023 and 2030. The demand for gas separation membranes is anticipated to surge, driven by the growing emphasis on sustainability and the need to mitigate greenhouse gas emissions through the separation and capture of CO2 from industrial flue gases. Gas separation membranes offer a viable solution for enhancing air quality by selectively capturing pollutants such as nitrogen oxides (NOx) and sulfur dioxide (SO2) from industrial exhaust gases.

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On the basis of material type, the polyimide & polyaramide type segment is expected to lead the market in terms of value in 2023. Polyimide & polyaramide have excellent thermal stability and can withstand a wide range of temperatures without undergoing significant degradation. These membranes boast robust mechanical strength and durability, crucial for managing pressure differentials and mechanical stresses inherent in gas separation operations. The growth of polyimide & polyaramide membranes market is driven by strict environmental regulations, emissions reduction, and increasing demand for clean energy across emerging countries and developing economies. This helps to minimize the release of greenhouse gases and other pollutants.

On the basis of application, the carbon dioxide removal segment accounted for the largest share in the gas separation membrane market. Reducing carbon dioxide emissions globally is a vital effort to counteract climate change. High-emission industries, including electricity generation and manufacturing processes, face growing demands to minimize their ecological impact through reduced carbon footprint. Gas separation membranes play a pivotal role in capturing CO2 emissions at their origin. The significance of CO2 removal in addressing climate change and advancing environmental sustainability has positioned gas separation membranes, especially those tailored for CO2 capture and purification, as essential technologies across diverse industries and applications. This importance is anticipated to further increase as the world seeks to reduce greenhouse gas emissions and move towards a more sustainable future.

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On the basis of region, North America is the second-fastest growing market for gas separation membrane in 2023. North America stands as a major energy producer, with a notable reliance on natural gas for electricity generation. Gas separation membranes play an important role in the processing and refining of natural gas, ensuring its quality and safety for energy production purposes. The North American gas separation membrane market is driven by strict environmental regulations and the need for advanced gas separation technologies, especially in reducing greenhouse gas emissions. Gas separation membranes play an important role in carbon capture and utilization (CCU) and carbon capture and storage (CCS) processes, which are crucial for mitigating climate change.

Recent Developments in Gas Separation Membranes Market Industry

1. In September 2023, Membrane Technology and Research, Inc. has expanded its business by building the largest membrane-based carbon capture plant in Gillette, Wyoming. This expansion will help the company to use Polaris polymeric membrane to capture more than 150 tonnes of CO2 each day.
2. In June 2022, FUJIFILM Manufacturing Europe B.V. has expanded membrane production at its manufacturing plant in Tilburg, the Netherlands, with a focus on sustainability. The facility integrates initiatives aimed at achieving CO2-neutral status and employs sustainable technologies for wastewater purification. This expansion helped the company to strengthen membrane production capacity and address rising product demand.
3. In October 2021, Air Products announced a new brand identity for its membrane business units, which will now all operate around the world as Air Products Membrane Solutions. The new identity moves the former business units, including Air Products PRISM Membranes, Air Products Norway, and Permea China Ltd., under one name to simplify the customer experience and further encourage collaboration and innovations.
4. In November 2021, Honeywell announced collaboration with SK Innovation and Energy, a Korea-based energy refining company, for a feasibility study to retrofit SK’s hydrogen plant with carbon capture. SK Innovation and Energy is expected to explore capturing and sequestering 400,000 tons of carbon dioxide (CO2) from existing hydrogen production facilities. Honeywell UOP has multiple technology offerings such as solvents, membranes, cryogenics, and pressure swing adsorption (PSA) systems that can be optimized to meet the project requirements.

Frequently Asked Questions (FAQs) in Gas Separation Membranes Market Industry

1. What is the current market size of the global gas separation membrane market?

 Global gas separation membrane market size is estimated to reach USD 1.6 billion by 2030 from USD 1.0 billion in 2023, at a CAGR of 7.4% during the forecast period.

2. Who are the winners in the global gas separation membrane market?

Companies such as include Air Liquide (France), Air Products and Chemicals, Inc. (US), UBE Corporation. (Japan), Honeywell UOP (US), FUJIFILM Manufacturing Europe B.V. (Netherlands), SLB (US), DIC Corporation (Japan), PARKER HANNIFIN CORPORATION (US), Membrane Technology and Research, Inc. (US), and Generon (US) among others. They have the potential to broaden their product portfolio and compete with other key market players.

3. What are some of the drivers in the market?

Growing demand in nitrogen generation and syngas cleaning, Increasing demand for membranes in carbon dioxide separation processes technology, and Environmental regulations and stringent emission standards.

4. What are the various material types of gas separation membranes?

 Polyimide & polyaramide, Polysulfone, and Cellulose acetate are the major types of gas separation membranes.

5. What are the applications of gas separation membranes?

Nitrogen generation & oxygen enrichment, hydrogen recovery, carbon dioxide removal, vapor/gas separation, vapor/vapor separation, air dehydration, and H2S removal are the main applications of gas separation membranes.