Helium Molecular Sieve Membrane Market Trends and Forecast
The future of the global helium molecular sieve membrane market looks promising with opportunities in the oil & gas, industrial manufacturing, semiconductor, and medical markets. The global helium molecular sieve membrane market is expected to reach an estimated $0.2 billion by 2030 with a CAGR of 6.2% from 2024 to 2030. The major drivers for this market are increasing applications in gas separation processes & helium recovery and growing demand for helium in the healthcare & electronics industries.
• Lucintel forecasts that polymeric membrane is expected to witness higher growth over the forecast period.
• Within this market, oil & gas is expected to witness the highest growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Helium Molecular Sieve Membrane Market
• United States: Several companies, including Air Products and Praxair, have announced investments in helium recovery projects to meet domestic helium demand and reduce dependency on imports. The government aims to support these initiatives through funding for research and development in membrane technologies.
• China: Chinese firms like Beijing Peking University Pioneer Technology and Hangzhou Ranyu Technologies are scaling up production of helium molecular sieve membranes to support the countryÄX%$%Xs helium supply chain. Government targets focus on enhancing domestic helium production and reducing reliance on imports.
• Germany: German companies such as Linde AG and Thyssenkrupp Industrial Solutions have unveiled partnerships with research institutes to develop advanced helium separation technologies using molecular sieve membranes. Government initiatives include subsidies for projects aimed at improving helium recovery efficiency and sustainability.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Helium Molecular Sieve Membrane Market by Segment
The study includes a forecast for the global helium molecular sieve membrane market by type, application, and region.
Helium Molecular Sieve Membrane Market by Type [Value from 2018 to 2030]:
• Polymeric Membrane
• Inorganic Membrane
Helium Molecular Sieve Membrane Market by Application [Value from 2018 to 2030]:
• Oil & Gas
• Industrial Manufacturing
• Semiconductor
• Medical
• Others
Helium Molecular Sieve Membrane Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Helium Molecular Sieve Membrane Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies helium molecular sieve membrane companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the helium molecular sieve membrane companies profiled in this report include-
• Air Liquide
• Air Products
• UBE Corporation
• Evonik
• Linde Engineering
• Grasys
• Airrane
Recent Development in the Helium Molecular Sieve Membrane Market
• Memsift Innovations: Memsift Innovations introduced a novel helium molecular sieve membrane with superior selectivity and durability, targeting niche applications in the aerospace and semiconductor industries.
• Parker Hannifin Corporation: Parker Hannifin Corporation expanded its portfolio of helium molecular sieve membranes, offering customizable solutions for helium purification in helium liquefaction plants.
• Iwatani Corporation: Iwatani Corporation invested in scaling up production capacity for helium molecular sieve membranes in response to growing demand from the healthcare and electronics sectors.
• UOP LLC (Honeywell): UOP LLC launched a pilot project for helium extraction using advanced molecular sieve membranes, aiming to commercialize efficient helium recovery systems for global markets.
• Entegris, Inc.: Entegris, Inc. introduced helium purification systems based on molecular sieve membranes, enhancing purity levels crucial for semiconductor manufacturing processes.
Features of the Global Helium Molecular Sieve Membrane Market
Market Size Estimates: Helium molecular sieve membrane market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Helium molecular sieve membrane market size by type, application, and region in terms of value ($B).
Regional Analysis: Helium molecular sieve membrane market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the helium molecular sieve membrane market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the helium molecular sieve membrane market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the helium molecular sieve membrane market size?
Answer: The global helium molecular sieve membrane market is expected to reach an estimated $0.2 billion by 2030.
Q2. What is the growth forecast for helium molecular sieve membrane market?
Answer: The global helium molecular sieve membrane market is expected to grow with a CAGR of 6.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the helium molecular sieve membrane market?
Answer: The major drivers for this market are increasing applications in gas separation processes & helium recovery and growing demand for helium in the healthcare & electronics industries.
Q4. What are the major segments for helium molecular sieve membrane market?
Answer: The future of the helium molecular sieve membrane market looks promising with opportunities in the oil & gas, industrial manufacturing, semiconductor, and medical markets.
Q5. Who are the key helium molecular sieve membrane market companies?
Answer: Some of the key helium molecular sieve membrane companies are as follows:
• Air Liquide
• Air Products
• UBE Corporation
• Evonik
• Linde Engineering
• Grasys
• Airrane
Q6. Which helium molecular sieve membrane market segment will be the largest in future?
Answer: Lucintel forecasts that polymeric membrane is expected to witness higher growth over the forecast period.
Q7. In helium molecular sieve membrane market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the helium molecular sieve membrane market by type (polymeric membrane and inorganic membrane), application (oil & gas, industrial manufacturing, semiconductor, medical, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Helium Molecular Sieve Membrane Market Market, Helium Molecular Sieve Membrane Market Market Size, Helium Molecular Sieve Membrane Market Market Growth, Helium Molecular Sieve Membrane Market Market Analysis, Helium Molecular Sieve Membrane Market Market Report, Helium Molecular Sieve Membrane Market Market Share, Helium Molecular Sieve Membrane Market Market Trends, Helium Molecular Sieve Membrane Market Market Forecast, Helium Molecular Sieve Membrane Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.