COVID-19 Impact Analysis on Global Nitrogen Gas Separation Membrane Market
The COVID-19 pandemic and lockdown in various countries across the globe have impacted the economic status of business across all sectors. The healthcare sector is one of the sector that has been impacted by the pandemic. The manufacturers of gas separation membrane have also experienced a negative impact of COVID-19 on sales. Government restrictions on the number of people that can gather at one place have severely impacted the sectors. COVID-19 pandemic has led the industrial and manufacturing sectors to shut down. These impacted the entire supply chain of the oil & gas industry, chemical industry, mainly due to strict lockdown in various countries. Hence, supply chain disruption also have had a major impact on industrial output. The impact of COVID-19 on all industries was observed as long as the pandemic lasts. However, the demand for nitrogen gas separation membrane is increased after lockdown restriction are eased by the government.
Gas separation membrane is used in purification of natural gas, purification of biogas, and enhanced oil recovery. Gas separation technique are widely adopted in oil refinery and gas production industries for application as dehydration of natural gas, carbon dioxide removal and production of liquid nitrogen. Gas separation membranes are used in the pharmaceutical industry to separate oxygen gas for medical purposes. Moreover, increasing number of research and development activities for improving the efficacy of gas separation membrane is expected to boost the growth of global Nitrogen gas separation membrane market
The plasticization of polymeric membranes and expensive production process of metallic membranes is major issue hindered the Nitrogen gas separation membrane market growth. These membranes cannot be used for high-temperature applications as they may result in plasticization. Plasticization of polymers lead to reduced performance of the polymeric membrane due to high permeability and low selectivity. Moreover, the polymeric membrane can totally collapse due to its reduced mechanical strength following plasticization.
Raising government initiatives to promote biogas production is expected to boost the global Nitrogen gas separation membrane market. Development of mixed matrix membrane is providing great opportunity to the market. Mixed matrix membrane are being developed to provide an alternative cos-effective membrane that combines homogeneously interpenetrating polymeric matrices for ease of processability. Rising research and development activities in inorganic membrane in another factor created opportunity for Nitrogen gas separation membrane market.
Upscaling and commercializing of new membrane is a major challenge in front of nitrogen gas separation membrane market. As, most of the gas separation membranes developed by research and are tested in laboratories. However, testing the new membranes in the pilot plat and analyzing their performance is highly time-consuming and involved high installation cost. In recent year most of the membranes are tested under real-time condition, that delaying their commercialization.
Cumulative Growth Analysis
The report provides in-depth analysis of global nitrogen gas membrane market, market size, and compound annual growth rate (CAGR) for the forecast period of 2022-2028, considering 2021 as the base year. With increasing demand for various insect protein in various applications has led the increasing demand for market and is expected to witness the growth at a specific CAGR from 2022-2028.
Market Segmental Overview
The global nitrogen gas separation membrane market comprises of different market segment like product type, application and geography.
Nitrogen gas separation membrane market by product Type
The product type studied in the global nitrogen gas separation membrane market are, polymeric membrane and inorganic membrane. Polymeric membrane account largest share in the nitrogen gas separation membrane market. Rising consumption of these material owing to the good permeation rates, good selectivity, high chemical and thermal stability, mechanical strength and good film-forming properties. Due to the good permeation rate and good selectivity polymeric membrane are used for separation of one or more gases from gaseous mixture. Polymeric membrane has more demand in carbon dioxide removal application.
Nitrogen gas separation membrane market by Application
The application studied in the global nitrogen gas separation membrane market are oil & gas, mining, chemical, water & wastewater and others. The oil & gas segment account largest share in the nitrogen gas separation membrane market. Carbon dioxide is a natural gas and its separation is necessary to reduce to carbon dioxide foot print. Carbon dioxide separated from the exhaust gas streams before the subsequent transportation and storage. Gas separation membrane used for spitting up the gases and is used for purifying or separating the aspects. Increasing demand for natural gas and biogas is major drivers for the nitrogen gas separation membrane market demand in oil & gas segment.
Nitrogen gas separation membrane market by Geography
The global nitrogen gas separation membrane market is studied for the following region North America, Europe, Asia-Pacific and Rest of the world (RoW). Asia-Pacific is likely to witness rising demand for nitrogen gas separation membrane market. Rising demand of nitrogen gas separation membrane among its end-users in the region owing to adoption of technologies with the rapid advancements. Increasing research and development activities in this region is another factor boosting market growth. Rising demand for natural gas, biogas and other environmentally sustainable energy solution in developing economies, such as India, China, Malaysia and other fueling the market growth. Moreover, growing population and increasing urbanization rate also driving the gas separation membrane demand in this region.
Competitive Landscape Analysis
The competitive landscape analysis of nitrogen gas separation membrane market is certainly based range of market players operating in the market with increasing demand for production natural and biogas. Besides, number of market players offered wide range of product type for different application in various geographic locations. The market has major competitive analysis based on new product launches as well as other developments.
The key players studied in market are, Air Products and Chemicals, Inc, Honeywell Uop, Ube Industries, Fujifilm Manufacturing Europe B.V, Generon, Membrane Technology and Research, Inc, Airrane, Atlas Copco, Borsig Group, Parker Hannifin, Evonik and among others.
October 2021: Air products announced a new brand identity for its membrane business. The new identity moves the former business units including air products PRISM membranes, Air product Norway and permea China Ltd. Under one name. This will help to ease customer experience.
July 2020: Honeywell UOP announced the use of its modular natural gas processing technology. The technology will be used to remove carbon dioxide, hydrogen sulfide and mercury from natural gas.
March 2019: Air product and chemicals announced acquisition of ACP SA, that is one of the carbon dioxide manufacturing in Europe. This acquisition will provide company with new growth opportunities in the nitrogen gas separation membrane market.