Gas Separation Membranes Market Industry New Revenue Pockets, Recent Developments & FAQ
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...
Hydrophobic membranes segment is estimated to lead PTFE membranes market
The global PTFE membranes market size is estimated at USD 1.8 billion in 2020 and is projected to reach USD 2.4 billion by 2025, at a CAGR of 6.0. The demand for PTFE membranes is increasing, owing to the growing growing oil & gas and chemical industries and stringent regulations pertaining to emission and treatment of municipal and industrial wastes.
Based on application, the industrial...