Growing at a CAGR of 8.7%, the size of the global chemical separation membrane market is anticipated to grow from a value of US$ 1.19 billion in 2024 to US$ 2.74 billion by 2034-end.
The process of membrane separation is one of the key processes in the chemical sector in which a thin membrane is utilized to separate the constituents in a solution by preventing unwanted materials and passing on the other necessary constituents through the membrane.
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What are the Prospects for Chemical Separation Membrane Manufacturers?
"Focus on Minimization of Nutritional Value Loss in Food Processing"
The food sector has potential for remarkable growth, driving factories to set up processing capacities to provide high-quality food to the end consumer. With increasing demand for efficient handling and separation technology in the food sector, separation membranes were introduced to boost food processing.
Chemical separation membranes can be integrated into cold pasteurization and sterilization, efficiently separating microorganisms from food without compromising on nutritional value loss. This process has been established as more cost-effective than the conventional methods employed earlier, demonstrating a profitable future for such separation membranes for years to come as well. Within sugar processing plants, these membranes are employed to avoid energy wastage and unwanted evaporation. This assists in reducing production costs and enhancing the process of production.
Country-wise Evaluation
The United States possesses a robust industrial sector covering biotechnology, food, medical, coal, and chemicals. All of these sectors employ chemical separation membranes. Widespread use of these membranes in various industries has resulted in high growth in demand over time. Products that are produced in the country are exported globally, and thus, the growing demand for such membranes around the world.
China also has a reputation for its medical research in pharmaceuticals and healthcare. The production processes of medical devices and drugs involve huge experimentation on a daily basis. These experiments often include distillation or purification operations, which require chemical separation membranes.
Category-wise Evaluation
The gas/liquid contacting segment has a dominant chemical separation membrane market share. Separation membranes consist of very thin polymer fibers that are important in the gas-liquid contactor method. They are responsible for separating gases and liquids and providing a mass transfer contact area for CO2 absorption and desorption. Porous membranes separate gases very efficiently through their small pores depending on the molecular size, solubility, and diffusivity of the gases.
Chemical engineers use chemical separation membranes to help overcome operational problems like flooding, foaming, weeping, and loading, especially in gas and petrochemical industries where the handling of gases is critical.
Business Competition
Major players in the chemical separation membrane market like Air Liquide, Air Products and Chemicals Inc., Membrane Technology and Research Inc., Evonik Industries, and DeltaMem are emphasizing better quality and longer life of chemical separation membranes.
These very efficient and long-lasting membranes also turn out to be efficient in a vast range of industries, thereby making them more credible in the market. Market new entrants also make their contributions to changing market trends in the chemical separation membrane market in order to enlarge their market base.
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Key Segments of Chemical Separation Membrane Market Research
By Membrane Type:
- PTFE Membranes
- EPTFE Membranes
- PEEK Membranes
- Polypropylene Membranes
- PVDF Membranes
- Silica Membranes
- Zeolite Membranes
By Application:
- Membrane Distillation
- Hollow Fiber
- Flat Sheet
- Membrane Liquid Extraction
- Hollow Fiber
- Flat Sheet
- Gas/liquid Separation
- Hollow Fiber
- Flat Sheet
- Gas Separation
- Hollow Fiber
- Flat Sheet
- Pervaporation
- Hollow Fiber
- Flat Sheet
- Zero Liquid Discharge
- Hollow Fiber
- Flat Sheet
By End Use:
- Water Purification
- Food & Beverages
- Oil & Gas
- Pharmaceuticals
- Laboratory & Analytical
- Inks & Coatings
- Electronics & Semiconductors
- Energy Generation
- Building & Construction
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
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