Worldwide Gas Separation Membrane Industry to 2028 - Featuring Schlumberger, DIC & Ube Industries Among Others - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Gas Separation Membrane Market, by Product Type, by Module, by Application, and by Region - Size, Share, Outlook, and Opportunity Analysis, 2021 - 2028" report has been added to ResearchAndMarkets.com's offering.

Recent advancements in the petrochemical industries has led to an increased use of membranes for gas separation. The membranes act as a permeable medium through which gas molecules can pass on the basis of their size and solubility in the medium. Gas separation membrane system is widely used to separate air into oxygen and nitrogen, in natural gas dehydration process, for hydrogen gas recovery in oil refinery, for the removal of volatile organic liquids (VOL) from exhaust streams, and for separation of methane from biogas. A variety of membrane materials have been used for gas separation such as polymer, zeolite, silica, and others. For instance, in March 2019, NGK Insulators, Ltd., a Japanese ceramics company announced the use of DDR-type zeolite membrane for the demonstration test of CO2 recovery during oil production.

Market players are increasing investments in research and development activities, which could contribute to the growth of the global gas separation membrane market over the forecast period. For instance, in February 2018, Air Liquide Advanced Separations, a French chemical and electronics manufacturer made an investment of US$ 170 million for setting up an Air Separation Unit (ASU) in Secunda that produces 5,000 tons of oxygen per day. This enabled the company to expand their market potential to South Africa region.

Market players are focusing on launch of products, which is expected to strengthen their position in the global gas separation membrane market. For instance, in 2018, Evonik Industries AG, a German chemical company launched SEPURAN NG membrane to enable efficient processing of natural gas.

Market players are involved in market strategies such as acquisition and partnership with other companies in order to enhance distribution, this is expected to drive the growth of the gas separation membrane market. For instance, in 2018, Air Products and Chemicals Inc., an American chemical company, signed an agreement with Royal Dutch Shell plc, a British-Dutch oil and gas company to acquire its coal gasification technology business. Moreover, in April 2017, Honeywell UOP, an American oil and gas company received a contract from Dangote oil refinery to provide design services, technology licensing, and advanced equipment for oil and gas refinery plants.

Company Profiles

• Fujifilm Manufacturing Europe B.V.
• Air Products and Chemicals, Inc.
• Honeywell UOP
• Air Liquide Advanced Separations
• Schlumberger Ltd.
• DIC Corporation
• Ube Industries Ltd.
• Parker Hannifin Corporation
• Membrane Technology and Research Inc.
• Generon

Key features of the study:

• This report provides an in-depth analysis of global gas separation membrane market, provides market size (US$ Million), and compound annual growth rate (CAGR %) for the forecast period (2021-2028), considering 2020 as the base year.
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
• It profiles leading players in the global gas separation membrane market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion, and marketing tactics.
• The global gas separation membrane market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision making through various strategy matrices used in analyzing the global gas separation membrane market.

Key Topics Covered:

1. Research Objectives and Assumptions

2. Market Overview

3. Market Dynamics, Regulations, and Trends Analysis

• Market Dynamics
• Drivers
• Restraints
• Market Opportunities
• Impact Analysis
• PORTER's Analysis
• Industry Trends
• Pipeline Analysis
• Key Highlights
• Regulatory Scenario
• Product Launch and Approval
• Acquisition and Collaboration Scenario

4. COVID - 19 Impact Analysis

• COVID-19 Epidemiology
• Impact of COVID-19 on Demand and Supply of Gas Separation Membrane

5. Global Gas Separation Membrane Market, By Product Type, 2017-2028 (US$ Million)

6. Global Gas Separation Membrane Market, By Module, 2017 - 2028 (US$ Million

7. Global Gas Separation Membrane Market, By Application, 2017 - 2028 (US$ Million)

8. Global Gas Separation Membrane Market, By End User, 2017 - 2028 (US$ Million)

9. Global Gas Separation Membrane Market, By Region, 2017 - 2028 (US$ Million)

10. Competitive Landscape

For more information about this report visit https://www.researchandmarkets.com/r/hfhfbg