GAS SEPARATION MEMBRANE MARKET ANALYSIS

Regional Analysis

Global Gas Separation Membrane Market – Regional Analysis

On the basis of region, the global gas separation membrane market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.

Asia Pacific region is expected to hold dominant position in the global gas separation membrane market over the forecast period, owing to growing industrialization and rise in natural gas consumption for industrial, residential, and commercial use. For instance, according to the National Energy Association (NEA), China witnessed an increase of 10% in the natural gas consumption rate in 2019. Moreover, according to the Trade Map report, 77.32 million tons of natural gas was imported by Japan in 2019.

Rising government initiatives to promote biogas production is expected to drive growth of the market in Asia Pacific. For instance, in December 2018, the Indian government announced its plan to build around 5,000 biogas plants across the country.

North America region is expected to show promising growth in gas separation membrane market due to rising consumption of natural gas as gas separation membranes are required for purification of natural gas. According to the U.S. Energy Information Administration data, in 2020, the total estimate of consumed natural gas added up to 30.48 trillion cubic feet in U.S.

• North America: U.S. and Canada
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Middle East: GCC, Israel, and Rest of Middle East
• Africa: South Africa, North Africa, and Central Africa