Published On : 30 May 2018
The global market for gas separation membranes has been expanding at a sturdy rate over the past years. The growth of the global market can be attributed to the advancements in the chemical industry and the increased spending capacity of consumers. The most common form of gas separation membranes is polymeric membrane that is known to be quite efficient and durable. Some of the common membrane materials include zeolites, silica, perovskites, and organic frameworks. Permeability and selectivity are the two parameters that define the effectiveness of a chemical separation membrane. The chemical industry is the largest consumer of gas separation membranes and has created large growth spaces for the market players. However, the use of gas separation membranes is not restricted to the chemical industry and several other industries such as healthcare and pharmaceuticals also use these membranes. It is important for the manufacturers of gas separation membranes to ensure that the membranes are adequately porous and permeable in order to inhibit the mixing of gases. It is safe to project that the global market for gas separation membranes would tread along a lucrative trajectory over the forthcoming years.
This blog is a succinct representation of the forces of demand and supply operating in the global market for gas separation membranes. The factors that have led to the rapid growth of the global market along with the key industrial trends have been explained here.
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1. Widespread Usage of Chemicals
Chemicals are not just used in the chemicals industry but their relevance spans across several other key industries. This has been a key driver of demand within the global market for gas separation mixtures. The pharmaceuticals industry has become a key consumer of gas separation membranes because a number of processes within the industry require successful separation of gad mixtures. Furthermore, areas such as medicine, agriculture, and consumer goods have also underhandedly contributed to the growth of the global market for gas separation membranes.
2. Multiple Uses
The separation of oxygen and nitrogen from the air, and the separation hydrogen from methane and nitrogen gases can be done via gas separation membranes. Furthermore, the oil refineries use these membranes for hydrogen recovery, and this has created tremendous demand within the global market for gas separation membranes. CO2, SO2, and H2S are removed from natural gas as a part of several important chemical experiments and activities. Since this process is carried out with the help of gas separation membranes, the demand within the market has reached unprecedented heights in recent times.
3. Dominance of North America
The global market for gas separation membranes can be regionally segmented into Southeast Asia, North America, China, Europe, India, and Japan. The prominence of the end-use industries for gas separation membranes in North America has led to the growth of the regional market.
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