Helium Separation Membrane Market 2024 – Market Size & Segments Analysis, Industry Trends, Manufacturers Analysis, Opportunities and Forecast 2030
Page: 215 | Report Code: MC24031201 | Research Suite: Report (PDF) & Market Data (Excel)
The helium separation membrane is an innovative technology
designed for utilizing advanced materials and techniques to efficiently extract
or recover and purify helium gas from gaseous mixtures, particularly from
natural gas. These membranes utilize selective permeation principles to
separate helium molecules from gas mixtures with efficient helium recovery and
purification. Helium being a critical resource in various industries.
MARKET
OVERVIEW
The global Helium Separation Membrane Market was
estimated at USD 110.23 million in the year 2022 and is projected to witness a
growth of USD 176 million by 2030, growing at a CAGR of 7.02% during the
forecast period of 2023-2030. Helium has growing demand for its unique
properties, membrane technology like polymeric membrane and inorganic membrane
offers a promising alternative to traditional methods and making it suitable
for both recovery and ancillary stages within natural gas processing.
GROWTH
DRIVERS
The rising demand for helium gas across various industries such as in aerospace helium is used to pressurize and purge fuel tanks, in electronics it is used for manufacturing of semiconductors, additionally it plays a huge in healthcare sector including MRI machines as well as in scientific research and experiments. Depletion of natural helium reserves there is a growing emphasis on helium conservation and recycling and enabling the adoption of helium separation membrane technology.
The method is environment
sustainable as cryogenic distillation which also a used to separate helium from
natural gas consumes a large amount of electricity and produces waste heat. The
investment for installing membrane-based helium separation systems is typically
lower than that of distillation plants and it requires less space and involve
simpler infrastructure leading to reduced installation cost and scalable.
Helium separation membrane enables continuous and automated separation process,
minimizing downtime and leading to higher process efficiency and productivity.
MARKET
SEGMENTATION:
·
By Type – Polymeric Membrane
and Inorganic Membrane
·
By Application – Oil
and gas, industrial manufacturing, semiconductor, medical and others
·
By Region - North America,
Europe, Asia Pacific, the Middle East and Africa, and South America.
Helium
Separation Membrane Market by Type Segment Review:
Polymeric membranes are composed of synthetic polymers such as Poly sulfone or polyimide or polyethylene and these membranes selectively separate helium from gas mixtures based in differences in permeability and selectivity. These membranes offer advantages like low cost, ease of manufacturing and flexibility in design and well suited for applications requiring moderate to high helium purity levels and relatively low operating pressures.
Inorganic membranes are typically made of ceramic materials such aa zeolites,
silica, or metal-organic frameworks (MOFs). They have properties like superior
thermal stability, chemical resistance and mechanical strength compared to
polymeric membranes. They are ideal for demanding applications where stringent
purity requirements and high recovery rates are essential possible due to their
high selectivity and permeability for helium separation. They have superior
performance and high durability as compared to polymeric membrane.
Helium
Separation Membrane Market by Application Segment Review:
In oil and gas industry helium separation membrane supports enhanced exploration and production activities like gas processing and refining applications, they enable the extraction of helium from natural gas streams and also helps to increase helium recovery rate from natural gas reserves contributing to the efficient utilization of helium resources. In industries like metal fabrication, chemical processing and glass manufacturing helium separation membrane helps in the removal of helium contaminants from process gases, ensuring product quality, by incorporating helium separation membrane into manufacturing processes industries are likely to achieve cost savings and product quality consistency.
The semiconductor sector relies on helium for critical
applications such as semiconductor fabrication which contributes to the
production of advanced semiconductor devices with improved functionality and
performance. In the medical sector helium separation membranes are utilized for
various applications like ensuring the reliability of medical-grade helium used
in diagnostic imaging technology such as MRI (magnetic resonance imaging) and
NMR (nuclear magnetic resonance) spectroscopy. Helium separation membranes are
employed in aerospace applications for gas storage, propulsion system where
light weight and reliable gas separation technology is essential.
Helium
Separation Membrane Market by Regional Analysis:
The American market leads in technological advancements and
innovations supported by strong research and development capabilities in helium
separation membrane and presence global key player like Air products and
chemicals, contributing to the growth of the market. Europe’s established
industrial base and manufacturing sector driving the growth for helium
separation membrane in various chemical processing and healthcare. Asia Pacific
rapid industrialization and economic growth driving the demand for helium
separation membrane for gas purification and recovery applications, more over
countries like China are known for their manufacturing and semiconductor sector
presents significant growth opportunities for helium separation membrane as
semiconductor manufacturing requires high purity helium for various processes.
The Middle East and Africa region is rich in oil gas reserves driving the
demand for helium recovery and purification in natural gas processing
facilities supporting the market growth.
Key
Challenges:
Inorganic membrane involves high production costs including
material expenses that can limit the widespread adoption of membrane-based
helium separation technology specifically in price sensitive market. Meeting
purity requirements while ensuring costs effectiveness and operational
efficiency is a complex undertaking that requires proper and careful planning
and adherence to industry guidelines.
Competitive
Landscape:
The market is dominated by established players which have
extensive experience in gas separation technologies and strong global presence,
and leading companies in the market invest significantly in research and
development to enhance membrane performance and develop innovative solutions
for helium extraction and purification. Companies focusing on market expansion
strategies that may include mergers and acquisitions to enhance market reach.
Global
Key Players:
·
Air Liquide
·
Air Products and chemicals
·
UBE corporation
·
Evonik
·
Linde Engineering
·
Airrane
·
Generon IGS
·
Grasys
· Prism
Attributes |
Details |
Base Year |
2022 |
Trend Period |
2023 – 2030 |
Forecast Period |
2023 – 2030 |
Pages |
215 |
By Type |
Polymeric Membrane and Inorganic Membrane |
By Application |
Oil and gas, industrial manufacturing,
semiconductor, medical and others |
By region |
North America, Europe, Asia
Pacific, the Middle East and Africa, and South America |
Company Profiles |
Air Liquide, Air Products and chemicals, UBE
corporation, Evonik, Linde Engineering, Airrane, Generon IGS, Grasys, Prism |
Edition |
1st edition |
Publication |
Feb 2024 |