gas separation membrane market opportunities and challenges by technavio

GLOBAL GAS SEPARATION MEMBRANE MARKET 

Rising demand for biogas

Rising demand for biogas

Biogas is produced from byproducts of biodiesel and ethanol. It is also produced by the anaerobic digestion of energy crops and organic residues. The rotting process of energy crops and organic residues results in the production of methane.

GROWTH ATTRIBUTED TO INCREASING NEED FOR CO2 REMOVAL

The atmospheric concentration of CO2 has increased extensively because of emissions from both natural and human sources. Natural sources of CO2 emission include decomposition, ocean release, and respiration. 

The global gas separation membrane market will grow at a CAGR of more than 7% by 2022.

Growth Figures

0%

2%

4%

6%

8%

2018 2020 2022

10%

APAC WILL CHARGE AHEAD THROUGH 2018

of the market is held by APAC.

40%

The global gas separation membrane market is expected to grow to $2,563.6 mn. by 2022Will APAC continue to

lead past 2018?View Report

https://www.technavio.com/report/global-gas-separation-membrane-

market-analysis-share-2018

EMERGENCE OF NEW TECHNOLOGIES “Over the past few years, gas separation membranes have been gaining wide acceptance in various end-use industries and are competing in the market with consolidated operations such as absorption, condensation, cryogenic distillation, and pressure swing absorption.”

  - Technavio Senior Analyst

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market-analysis-share-2018

TOP VENDORS LEADING THE MARKET

Air Liquide

Top contributors

Air Products and Chemicals

FUJIFILM

Honeywell International

Schlumberger

UBE INDUSTRIES

https://www.technavio.com/report/global-gas-separation-membrane-

market-analysis-share-2018

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