PUBLISHER: Grand View Research | PRODUCT CODE: 1751581
PUBLISHER: Grand View Research | PRODUCT CODE: 1751581
The global gas separation membrane market size is anticipated to reach USD 2.16 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.9% from 2025 to 2030. This growth is driven by various factors, including rising demand for natural gas processing and expansion of the petrochemical and oil & gas industry.
Furthermore, gas separation membranes play a crucial role in pollution control by enabling the separation, purification, and capture of harmful gases from industrial emissions and waste streams. Hence, growing industrialization in developing economies, such as India, Mexico, China, and Brazil, is expected to positively affect industry growth. China has emerged as the global production hub for several industries, such as chemicals, pigments, textiles, consumer electronics, and semiconductors & microchips. However, laxity in the enforcement of environmental laws has had a detrimental impact on water sources within the country. To reverse the environmental damage, the country has passed stringent laws to prevent water pollution. As a result, there has been a growing demand for water treatment plants, which further drive the market growth.
Polyethersulfone (PES) and polyvinylidene fluoride (PVDF) are two of the most widely used raw polymeric materials in the production of membrane modules. The market is also characterized by a large number of players involved in capacity expansions and mergers & acquisitions to increase their industry share. International players are focusing on strategic acquisitions of small- as well as medium-scale companies to expand their product portfolio and strengthen their position in the market.