LONDON--(BUSINESS WIRE)--Sep 29, 2020--
Technavio has been monitoring the gas separation membrane market and it is poised to grow by USD 956.85 million during 2020-2024, progressing at a CAGR of over 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Gas Separation Membrane Market 2020-2024 (Graphic: Business Wire)
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Frequently Asked Questions-
- Based on segmentation by end-user, which is the leading segment in the market?
- The water and waste treatment segment is expected to be the leading segment in the global market during the forecast period.
- What are the major trends in the market?
- Increasing demand for MMMs is one of the major trends in the market.
- At what rate is the market projected to grow?
- Growing at a CAGR of over 7%, the incremental growth of the market is anticipated to be USD 956.85 million.
- Who are the top players in the market?
- L’Air Liquide SA, Air Products and Chemicals Inc., DIC Corp., FUJIFILM Holdings Corp., GENERON IGS, Honeywell International Inc., Membrane Technology and Research Inc., Parker-Hannifin Corp., Schlumberger Ltd., and Ube Industries Ltd. are some of the major market participants.
- What are the key market drivers and challenges?
- Increasing demand for biogas is one of the major factors driving the market. However, the high price of equipment restraints the market growth.
- How big is the North America market?
- The North America region will contribute 33% of market growth.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. L’Air Liquide SA, Air Products and Chemicals Inc., DIC Corp., FUJIFILM Holdings Corp., GENERON IGS, Honeywell International Inc., Membrane Technology and Research Inc., Parker-Hannifin Corp., Schlumberger Ltd., and Ube Industries Ltd. are some of the major market participants. The increasing demand for biogas will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Gas Separation Membrane Market 2020-2024: Segmentation
Gas Separation Membrane Market is segmented as below:
- Product
- Polyimide and Polyamide
- Polysulfone
- Cellulose Acetate
- Others
- Application
- CO2 Removal
- Nitrogen-generation And Oxygen Enrichment
- Hydrogen-recovery
- Others
- End-user
- Water and Waste Treatment
- Food and Beverage
- Pharmaceutical
- Others
- Geographic Landscape
- APAC
- Europe
- MEA
- North America
- South America
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Gas Separation Membrane Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The gas separation membrane market report covers the following areas:
- Gas Separation Membrane Market Size
- Gas Separation Membrane Market Trends
- Gas Separation Membrane Market Analysis
This study identifies increasing demand for MMMs as one of the prime reasons driving the gas separation membrane market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Gas Separation Membrane Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist gas separation membrane market growth during the next five years
- Estimation of the gas separation membrane market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the gas separation membrane market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of gas separation membrane market vendors
Table of Contents:
Executive Summary
- Market Overview
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product placement
- Polyimide and polyamide - Market size and forecast 2019-2024
- Polysulfone - Market size and forecast 2019-2024
- Cellulose acetate - Market size and forecast 2019-2024
- Others - Market size and forecast 2019-2024
- Market opportunity by Product
Market Segmentation by Application
- Market segments
- Comparison by Application placement
- CO2 removal - Market size and forecast 2019-2024
- Nitrogen-generation and oxygen enrichment - Market size and forecast 2019-2024
- Hydrogen-recovery - Market size and forecast 2019-2024
- Others - Market size and forecast 2019-2024
- Market opportunity by Application
Market Segmentation by End-user
- Market segments
- Comparison by End-user placement
- Water and waste treatment - Market size and forecast 2019-2024
- Food and beverage - Market size and forecast 2019-2024
- Pharmaceutical - Market size and forecast 2019-2024
- Others - Market size and forecast 2019-2024
- Market opportunity by End-user
Customer landscape
- Overview
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Drivers, Challenges, and Trends
- Market drivers
- Volume driver - Demand led growth
- Volume driver - Supply led growth
- Volume driver - External factors
- Volume driver - Demand shift in adjacent markets
- Price driver - Inflation
- Price driver - Shift from lower to higher-priced units
- Market challenges
- Market trends
Vendor Landscape
- Overview
Vendor landscape
- Landscape disruption
- Vendor Analysis
- Vendors covered
- Market positioning of vendors
- L’Air Liquide SA
- Air Products and Chemicals Inc.
- DIC Corp.
- FUJIFILM Holdings Corp.
- GENERON IGS
- Honeywell International Inc.
- Membrane Technology and Research Inc.
- Parker-Hannifin Corp.
- Schlumberger Ltd.
- Ube Industries Ltd.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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KEYWORD:
INDUSTRY KEYWORD: OIL/GAS MANUFACTURING ENERGY TEXTILES CHEMICALS/PLASTICS
SOURCE: Technavio Research
Copyright Business Wire 2020.
PUB: 09/29/2020 07:45 AM/DISC: 09/29/2020 07:45 AM
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