The study involved four major activities in estimating the current market size for gas separation membranes. Exhaustive secondary research was conducted to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, the market breakdown and data triangulation methodologies were used to estimate the market size of segments and subsegments.
Secondary Research
In the secondary research process, various secondary sources such as Factiva, Zauba, Hoovers, and Bloomberg BusinessWeek were referred to for identifying and collecting information for this study. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, regulatory bodies, and databases.
Secondary research has been used to obtain key information about the value chain of the industry, monetary chain of the market, the total pool of key players, market classification and segmentation according to industry trends to the bottom-most level, and regional markets. It was also used to obtain information about the key developments from a market-oriented perspective.
Primary Research
The gas separation membrane market comprises several stakeholders, such as membrane suppliers, distributors of gas separation membranes, system manufacturers, and regulatory organizations in the supply chain. The demand side of this market consists of applications such as hydrogen recovery, nitrogen generation & oxygen enrichment and carbon dioxide removal. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information.
Primary interviews were conducted to gather insights such as market statistics, data of revenue collected from the products and services, market breakdowns, market size estimations, market forecasting, and data triangulation. Primary research also helped in understanding the various trends related to this market. Stakeholders from the demand side, such as CIOs, CTOs, and CSOs were interviewed to understand the buyer’s perspective on the suppliers, products, component providers, and their current usage of gas separation membranes and future outlook of their business which will affect the overall market.
Following is the breakdown of primary respondents.
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Market Size Estimation
Both top-down and bottom-up approaches were used to estimate and validate the total size of the gas separation membrane market. These methods were also used extensively to determine the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
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The key players in the industry and markets were identified through extensive secondary research.
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The industry’s supply chain and market size, in terms of value and volume, were determined through primary and secondary research processes.
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All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
Gas Separation Membrane Market: Bottum-Up Approach
Note: All the shares are based on the global market size.
Source: Secondary Research, Interviews with Experts, and MarketsandMarkets Analysis
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Gas Separation Membrane Market: Top-Down Approach
Source: Secondary Research, Interviews with Experts, and MarketsandMarkets Analysis
Data Triangulation
After arriving at the overall market size—using the market size estimation process explained above—the market was split into several segments and sub-segments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying several factors and trends from both the demand and supply of gas separation membranes and their applications.
Market Definition
A gas separation membrane is a specialized substance designed to separate gases selectively according to their molecular characteristics, including size, shape, or chemical affinity. These membranes find application across various industrial sectors for the purpose of separating, purifying, or concentrating specific gases within gas mixtures. The fundamental operating principle of gas separation membranes revolves around permeation, whereby gases permeate through the membrane at varying rates, enabling the isolation of desired gases from the mixture.
Gas separation membranes have broad applications across numerous industries owing to their capacity for selectively isolating gases from complex mixtures. In renewable energy, these membranes are instrumental in biogas upgrading, where they extract and eliminate carbon dioxide and hydrogen sulfide from biogas derived from organic waste, yielding high-purity methane for energy production. Furthermore, they play a critical role in carbon capture and storage (CCS) endeavors aimed at mitigating greenhouse gas emissions by selectively capturing and separating carbon dioxide from flue gases emitted by power plants and industrial facilities. These versatile membranes also find utility in hydrogen production, nitrogen generation, and various industrial processes requiring efficient gas separation to enhance product quality, process efficiency, and minimize environmental impact.
Key Stakeholders
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Senior Management
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End User
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Finance/Procurement Department
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R&D Department
Objectives of the Study:
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To define, describe, and forecast the gas separation membrane market, in terms of value and volume.
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To provide detailed information about the key factors (drivers, restraints, opportunities, and challenges) influencing the market growth
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To analyze and forecast the market by material type, module, and application.
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To forecast the size of the market for five regions, namely, Asia Pacific, Europe, North America, South America, and the Middle East & Africa along with their key countries
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To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the total market
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To analyze the opportunities in the market for stakeholders and provide a competitive landscape for market leaders.
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To analyze competitive developments, such as new product launches, acquisitions, and expansion undertaken in the market
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To strategically profile key players and comprehensively analyze their market ranking and core competencies.
Available Customizations
With the given market data, MarketsandMarkets offers customizations according to the specific requirements of companies. The following customization options are available for the report:
Regional Analysis:
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Country-level analysis of the gas separation membrane market
Company Information:
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Detailed analysis and profiling of additional market players
Phuong
Dec, 2019
Research required on utilization of contaminated natural gas sources by using energy-consumed membrane technology.
Lebogang
Jul, 2018
Gas separation membranes for nitrogen generation of the London and oxygen and oxygen generation..