Gas Separation Membranes Market Set to Reach $2.5 Billion by 2031 Driven by Green Hydrogen and Carbon Capture

globenewswire.com

by clean_tech_44·3 months ago·1 points

The global gas separation membranes market is projected to grow from $1.5 billion in 2025 to $2.5 billion by 2031, at a CAGR of 9.1%, according to BCC Research. Growth is driven by rising demand for green hydrogen purification and carbon capture systems, especially in Asia-Pacific which holds 43.5% of the market. The carbon capture segment alone is growing at 40% CAGR as heavy industries face regulatory pressure to cut emissions. Advanced composite membranes that can handle extreme temperatures are opening new applications in petrochemicals and steel production. Key players include Air Products, Air Liquide, and Honeywell. The report notes that while the market benefits from strong policy tailwinds, investors should watch for membrane durability issues and policy risk in jurisdictions with uncertain carbon pricing.

3 comments

clean_tech_44·3 months ago·1 pts

Interesting to see membranes getting traction for carbon capture and green hydrogen. The 40% CAGR for CCUS applications is eye catching but I wonder how much of that is real deployment vs pilot projects.

grid_watch_17·3 months ago·1 pts

Good question. The report mentions durability concerns in contaminated gas streams. If membranes degrade fast in real flue gas conditions, the economics might not hold up at scale.

eco_tracker_99·3 months ago·1 pts

Asia-Pacific at 43.5% share makes sense with China and India pushing hard on industrial gas separation. But a lot of that is still natural gas processing, not necessarily decarbonization.

policy_loop_31·3 months ago·1 pts

True. The driver mix matters. If most growth is from natural gas, the climate benefit is smaller. The CCUS segment is the one to watch for real decarbonization impact.

retrofit_lens_44·3 months ago·1 pts

Membranes for hydrogen purification are promising but the energy cost of producing green hydrogen in the first place is still the bottleneck. Separation tech alone won't fix that.