Gas Purification Membranes Market
Gas Purification Membranes Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Gas Purification Membranes Market Size and Growth
The Gas Purification Membranes market is experiencing significant growth, driven by rising demand in industries such as natural gas processing and petrochemicals. Valued at approximately $1.5 billion in 2023, the market is projected to expand at a robust CAGR of 10% through 2028, influenced by technological advancements and environmental regulations. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ Air Liquide Advanced Separations LLC
◍ Air Products and Chemicals, Inc.
◍ BASF SE
◍ Evonik Industries AG
◍ Honeywell International Inc.
◍ Parker Hannifin Corporation
◍ Schlumberger Limited
◍ Ube Industries, Ltd.
◍ Fujifilm Manufacturing Europe BV
The gas purification membranes market features key players such as Air Liquide, Air Products, BASF, Evonik, Honeywell, Parker Hannifin, Schlumberger, Ube Industries, Fujifilm, and MTR. These companies innovate and enhance efficiency in gas separation technologies, driving market growth through advanced solutions.
Notable sales revenues include:
- Air Products: $8.7 billion
- Honeywell: $36.7 billion
- BASF: $92.25 billion
◍ Membrane Technology and Research, Inc. (MTR)
Market Segmentation
By Application
◍ Removal of CO2
◍ Hydrogen Recovery
◍ Oxygen/Nitrogen Separation
◍ Dehydration
◍ VOC Removal
By Product
◍ Polymeric Membranes
◍ Inorganic Membranes
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Market Growth
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$ X Billion USD
