Asia-Pacific is poised to be a lucrative market for gas separation membrane
Asia-Pacific is expected to be the largest and fastest-growing gas separation membrane market during the forecast period, owing to the increasing demand for the product in biogas production for separation of CO2 and H2S from methane.
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The major economies in the region are largely shifting towards sustainable development and hence growth of the biogas production is estimated to be high in the coming years. Moreover, significant growth of the electric power industry in the region owing to the rising energy demand to cater the expanding industrial sector and population is expected to fuel demand for the product. China, Indonesia, India, and Australia are projected to be the major economies favoring growth of the regional market during the review period.
North America is expected to be other substantial market for gas separation membrane. The natural gas production in the US increased by approximately 11% in 2018, thus fueling demand for gas separation membrane in the region. Growing use of the product in separation of industrial gases and control of CO2 emissions is projected to be the key factor favoring growth of the gas separation membrane market.
Lastly, the market in the Middle East & Africa is estimated to witness substantial growth during the forecast period owing to the increasing demand for gas separation membrane in the oil & gas industry. Iran, Qatar, Saudi Arabia, and Algeria are the key countries contributing to the growth of this market.
Segmentation:
The global gas separation membrane market has been segmented on the basis of material type, application, end-use industry, and region.
By material type, the global gas separation membrane market has been divided into porous inorganic, polymeric, microporous organic, hybrid, and others.
Based on application, the global gas separation membrane market has been segmented into industrial gases separation, CO2 removal, acid gases separation from natural gas, hydrogen recovery, hydrocarbons recovery, and others.
Chemical, oil & gas, electric power, food & beverages, and others are the major end-use industry segments studied for the global gas separation membrane market.
Key Players:
The key players in the global gas separation membrane market are Aggrebind, (US), Soilworks, LLC (US), SNF Holding Company (US), Graymont Limited (Canada), WIRTGEN GmbH (Germany), CARMEUSE (Belgium), IRRIDAN USA (US), AB Volvo (Sweden), Earthlok (US), Global Road Technology International Limited (Australia), and Caterpillar Inc. (US).
TABLE OF CONTENTS
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.3 List of Assumptions
2.4 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Factor Analysis
4.1 Supply Chain Analysis
4.1.1 Raw Material Suppliers
4.1.2 Manufacturers/Producers
4.1.3 Distributors/Retailers/Wholesalers/E-Commerce Merchants
4.1.4 End Users
4.2 Porter’s Five Forces Model
4.2.1 Threat of New Entrants
4.2.2 Intensity of Competitive Rivalry
4.2.3 Threat of Substitutes
4.2.4 Bargaining Power of Suppliers
4.2.5 Bargaining Power of Buyers
5 Market Dynamics of Global Gas Separation Membrane Market
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Challenges
LIST OF TABLES
Table 1 Global Gas Separation Membrane Market, by Region, 2016—2023
Table 2 North America: Gas Separation Membrane Market, by Country, 2016—2023
Table 3 Europe: Gas Separation Membrane Market, by Country, 2016—2023
Table 4 Asia-Pacific: Gas Separation Membrane Market, by Country, 2016—2023
Table 5 Middle East & Africa: Gas Separation Membrane Market, by Country, 2016—2023
Table 6 Latin America: Gas Separation Membrane Market, by Country, 2016—2023
Table 7 Global Gas Separation Membrane Material Type Market, by Region, 2016—2023
Table 8 North America: Gas Separation Membrane Material Type Market, by Country, 2016—2023
Table 9 Europe: Gas Separation Membrane Material Type Market, by Country, 2016—2023
Table 10 Asia-Pacific: Gas Separation Membrane Material Type Market, by Country, 2016—2023
Table 11 Middle East & Africa: Gas Separation Membrane Material Type Market, by Country, 2016—2023
Table 12 Latin America: Gas Separation Membrane Material Type Market, by Country, 2016—2023
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