Oxygen Enriched Membranes Market By Application (Medical Application, Enhanced Combustion, Water Treatment ) - Growth, Future Prospects And Competitive Analysis 2015 - 2025

Oxygen-enriched membranes possess better porosity, durability, permeability, selectivity, and stability, making them a vital element in various industrial applications. The market is witnessing growth due to a rise in demand for oxygen-enriched membranes from various application areas. Based on application, the global oxygen-enriched membrane market is segmented into medical applications, enhanced combustion, water treatment, and others (Nitrox (scuba dive gas), oxygen-enriched breathing air at high altitudes, etc.). The market size and forecast for each application are presented for 2015–2025, along with their respective CAGRs% for the forecast period2017–20255.

The market size and forecast for the period 2015–2025, along with the CAGRs for the period 2017–2025 for the mentioned segments, are also presented in this study.

Qualitative information sets such as market dynamics (drivers, challenges, and opportunities) and market inclination insights are provided in this market assessment report. Tools such as competition assessment and attractive investment propositions are also included in this study to assess the market competition. The report concludes with a company profiles section highlighting key information about the major market players operating in the global oxygen-enhanced membrane market.

A few key manufacturers in the oxygen-enriched membrane market include Air Products and Chemicals Incorporated, Dalian Puricle Co., Ltd., GE Water & Process Technologies, Genrich Membranes Pvt. Ltd., Membrane Technology and Research, Inc., Pall Corporation, Parker Hannifin Corp., Teijin Pharma Limited, The Dow Chemical Company, Pacific Consolidated Industries, Sigma-Aldrich Co., LLC (Merck Group), Atlas Copco AB, NOXERI.

Purpose of the Report

The purpose of this strategic research study titled "Oxygen Enriched Membrane Market: Growth, Opportunities, Share, and Competitive Analysis, 2017–2025" is to offer industry investors, company executives, and other industry participants with in-depth insights to enable them to make informed strategic decisions related to the opportunities in the oxygen-enriched membrane market.

Target Audience

  • Industry Investors
  • Procurement Managers from End-User Companies
  • Manufacturers of Oxygen-Enriched Membranes
  • Distributors

Based on applications, the oxygen-enriched membrane market is categorized into the following segments:

  • Medical Application
  • Enhanced Combustion
  • Water Treatment
  • Others (Nitrox (scuba dive gas), oxygen-enriched breathing air at high altitudes, etc.)

In today's competitive climate, membrane air separation is widely accepted as an economical process to produce moderately pure streams containing up to 99.5 % nitrogen or30–500 % oxygen. Several companies worldwide are conducting considerable research, development, and commercialization efforts on gas separation membranes and offering oxygen enrichment membrane systems with oxygen purities ranging from 28 to 60%.

The global oxygen-n enriched membrane market is expected to groat at a significant rate of 8.4% over the forecast period of 2017–202525. Among the considered applications, the medical application of oxygen-n enriched membranes dominated overall demand and offered strong growth potential in the upcoming years. Medical applications accounted for the greatest value share of the total oxygen-enhanced membrane market in 2016. These membranes are finding huge growth potential due to their widespread use in enhanced combustion and water treatment applications.

Based on geographical distribution, the global oxygen-enriched membrane market is segmented into the following regional markets:

  • North America
  • U.S.
  • Canada
  • Europe
  • E.U.7
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Rest of Asia Pacific
  • Latin America
  • Brazil
  • rest of Latin America
  • Middle East and Africa
  • GCC
  • Rest of the Middle East and Africa

In the base year of 2015, North America was observed as the largest market for oxygen-enriched membranes. In addition, renewable fuel standards in the U.S. and European Union are creating a market for second-generation bio-fuels, generating demand for oxygen-enriched membranes for enhanced combustion.

Regarding future growth opportunities for oxygen-enriched membranes, Asia Pacific and Latin America are the most sought-after regional markets. Asia Pacific is expected to achieve the highest growth rate compared to other regions due to the presence of countries such as China, India, and Japan, which are observing significant industrial growth. In addition, stricter water quality regulations in economies like China and Japan will provide growth for oxygen-enriched membranes from the region. Unmet medical needs caused by an aging population and rising healthcare infrastructure spending in the Asia Pacific and Latin America should act as a catalyst for developing oxygen-enriched membranes. 

Frequently Asked Questions:

The market for Oxygen Enriched Membranes Market is expected to reach US$ 1,300 Mn By 2025.

The Oxygen Enriched Membranes Market is expected to see significant CAGR growth over the coming years, at 8.4%.

The report is forecasted from 2015-2025.

The base year of this report is 2014.

Dalian Puricle Co., Ltd., GE Water & Process Technologies, Genrich Membranes Pvt. Ltd., Membrane Technology and Research, Inc., Pall Corporation, Parker Hannifin Corp., Teijin Pharma Limited are some of the major players in the global market.

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Published Date:  Apr 2017
Category:  Advanced Materials
Report ID:   58414
Report Format:   PDF
Pages:   120
Rating:    4.7 (60)
Delivery Time: 24 Hours to 48 Hours   
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