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The latest market report published by Credence Research Bradley Chubb Broncos Jersey , Inc. 鈥淕as Separation Membranes Market, By Type, Application and Region - Growth, Future Prospects and Competitive Analysis, 2016 - 2024 Phillip Lindsay Broncos Jersey ,鈥?the global gas separation membranes market was valued at US$ 1,720.4 Mn in 2015, and is expected to each US$ 3,325.2 Mn by 2024, expanding at a CAGR of 8.2% from 2016 to 2024.

Browse the full Gas Separation Membranes Market - Growth Joe Flacco Broncos Jersey , Future Prospects and Competitive Analysis, 2016 鈥?2024 report at Market Insights


The global gas separation membranes market is experiencing growth due to rise in demand from various end use application. As energy costs rise, gas separation membrane technology is likely to play an increasingly important role in reducing the environmental impact and costs of industrial processes. Gas separations membranes are widely used in food & beverage processing, water & wastewater treatment, pharmaceutical & medical application Von Miller Broncos Jersey , chemical processing, industrial gas processing and other applications. Moreover, Compared to the conventional separation technologies such as cryogenic distillation, absorption and adsorption, industrial attention is now focused on adoption of membrane based gas separation. This is due to inherent advantages offered by gas separation membranes such as energy efficiency with low capital investment John Elway Broncos Jersey , simplicity and ease of installation, low operation and maintenance cost, low weight and space requirement with high process flexibility.


The major challenge hampering the growth of the market is problems associated with the lifespan of membranes as after a certain period, the durability of membranes decreases, resulting in need for replacement Isaac Yiadom Authentic Jersey , therefore associated increased operational and maintenance costs. Increasing concerns over water scarcity and need for desalination in the developing countries offer growth opportunity to the gas separation membranes in water and water treatment market.


Competitive Insights


Major players in the membrane system providers such as Air Liquid (PoroGen Corporation), Air Products and Chemicals Incorporated, Evonik Resource Efficiency GmbH, GE Water & Process Technologies, etc. are original equipment manufacturers (OEMs) of gas separation membranes. Distributors Dre'Mont Jones Authentic Jersey , EPC contractors and company owned sales offices are major sales & distribution paths for gas separation membranes and gas separation systems. All large players are increasing their footprint in emerging economies by opening regional sales offices cater to the increasing demand from various end-use applications.


Key Trends


Rising demand from end use applications
Shifting trend towards membrane gas separation technology
Emerging economies offers huge market potential
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