VALLEY COTTAGE, New York, December 11, 2018 /PRNewswire/ --
Gas Separation Membrane is an important component that is installed in a gas separation system. The gas separation membrane is a selective barrier with the ability to separate process or atmospheric gases from the feed (mixed gases) based on the selective permeability of the membrane material which differs for different gases based on required application. The global market for Gas Separation Membrane is expected to witness significant growth during the forecast period worth and will create absolute $ opportunity worth USD 1.6 billion.
(Logo: https://mma.prnewswire.com/media/677274/Future_Market_Insights_Logo.jpg )
Based on product type, Gas Separation Membranes can be classified into Polymeric Membranes, Inorganic Membranes and Metallic Membranes. The Polymeric Gas Separation Membrane segment includes polymer-based membranes and inorganic segment covers ceramic and other non-metallic membranes. The Polymeric Gas Separation Membrane segment will continue to dominate the global market in terms of global market share and is expected to account for around 60% share of the total absolute dollar opportunity created by the end of 2028.
Request a Sample Report with Table of Contents and Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-5513
Based on construction type, the market is categorized into Hollow Fiber Module, Spiral Wound Module and Plate & Frame Module. The Plate & Frame is a traditional technology that has been around since a long time. However, new technologies, such as Hollow Fiber Module and Spiral Wound Module, are expected to witness significant growth over the forecast period. The Hollow Fiber Module is projected to hold around 55% share in the total incremental $ opportunity created in the market between 2018 and 2028.
Gas Separation Membranes are used for various applications, such as Nitrogen Separation, Oxygen Separation, Acid gas Separation, Hydrogen Separation, Methane Separation, Carbon Dioxide Separation and Olefin - Paraffin Separation. By application, the Nitrogen Separation application is anticipated to be the fastest growing segment in the Gas Separation Membrane Market over the forecast period.
Based on End-Use Industries, Gas Separation Membranes are used in many industries, such as Chemical, Petrochemical and Oil & Gas, Food and Beverages, Power Generation, Pharmaceutical and Pollution Control, among others. However, Chemical, Petrochemical and Oil & Gas industries are expected to account for the dominant shares in the global Gas Separation Membrane market.
Gas Separation Membrane Market: Segmentation By Martial Type-Polymeric Membrane, Inorganic Membrane, Metallic Membrane; Construction Type-Hollow Fiber Module, Spiral Wound Module, Plate & Frame Module; Application-Nitrogen Separation Oxygen Separation Acid gas Separation, Hydrogen Separation ,Methane Separation, Carbon Dioxide Separation ,Olefin - Paraffin Separation: https://www.futuremarketinsights.com/reports/gas-separation-membranes-market
In 2018, Western Europe is estimated to be the most lucrative region and is likely to account for around 33% of the global absolute $ opportunity in the Gas Separation Membrane market. Furthermore, growing number of gas processing projects in China is expected to create new opportunities in the market. North America continues to be a strong market for Gas Separation Membranes and new growth opportunities are being witnessed in the Eastern Europe region.
Moving forward, Gas Separation Membranes are available in different types, based on requirements and applications. Honeywell International (Honeywell UOP), Air Products and Chemicals Inc., Air Liquide Advanced Separations LLC, UBE Industries Ltd., Schlumberger Ltd, Fujifilm Manufacturing Europe B.V., Parker-Hannifin Corporation, Membrane Technology and Research Inc., DIC Corporation, Evonik Industries, Mahler AGS, Atlas Copco AB, GENERON LLC, GRASYS JSC, GMT Membrantechnik GmbH are some of the key players in the global Gas Separation Membrane market.
Our advisory services are aimed at helping you with specific, customised insights that are relevant to your specific challenges. Let us know about your challenges and our trusted advisors will connect with you: https://www.futuremarketinsights.com/askus/rep-gb-5513
Long-term Outlook of the Gas Separation Membrane Market: In terms of market value, the global Gas Separation Membrane market is expected to create absolute $ opportunity worth US$ 1.6 Billion during the forecast period. Western Europe is likely to witness fastest growing installation. The region will grow at a CAGR of 8.5% over the forecast period.
More from Chemicals & Materials Intelligence:
- Glass Additives Market Segmentation By Type (metal alloys, nanoparticles, polymers and rare earth metals); By application (silicate glass manufacturing, 3D printing, aerodynamic levitation, glass transition, and customisation of tableware, lamps and eye glasses); By basic chemical elements (glass additives, which include iron, manganese, sulphur, nickel, titanium, chromium, uranium and other rare earth metals): https://www.futuremarketinsights.com/reports/glass-additives-market
- Coil Coatings Market Segmentation By Product Type - Topcoats, Primers, Backing Coats, Others; By Material - Polyester, Epoxy, Pvc/Vinyl, Plastisols, Acrylic, Polyurethane, Pvdf, Silicone; By End Use - Construction, Transportation, Consumer Durable Goods (Refrigerators, Washing Machine & Dishwashers, Ovens & Toasters, Air Conditioners, Others), Hvac, Metal Furniture, Others; By Application - Steel Coating, Aluminium, Coating: https://www.futuremarketinsights.com/reports/coil-coatings-market
- Fertilizer Additives Market: Segmentation By Type - Anti-caking Agents, Dust Suppressors, Drying Agents, Granulation Agents, Others; Application - N(Nitrogen), P2O5, K2O, Others: https://www.futuremarketinsights.com/reports/fertilizer-additives-market
About Us
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.
Browse More Chemicals & Materials Market Insights
Contact Us
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
T (UK): +44(0)20-7692-8790
Sales:sales@futuremarketinsights.com
Press Office: Press@futuremarketinsights.com
FMI Blog: https://www.fmiblog.com/
Website: https://www.futuremarketinsights.com/
