Carbon Molecular Sieves Market By Type (Adsorption Cycle 60s , Adsorption Cycle 120s , Others), By Application (Gas Separation, Biogas Upgrading, Noble Gas Recovery, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
The Carbon Molecular Sieves Market is valued at $0.9 billion in 2021 and is estimated to reach $1.4 billion by 2031, exhibiting a CAGR of 5.4% from 2022 to 2031.
Carbon molecular sieve (CMS) membranes are generally prepared by pyrolysis/carbonization of polymeric precursor membranes under controlled vacuum or inert atmosphere. The chemical composition of CMS membrane usually contains >80% carbon element and a small number of other heteroatoms, such as H, O, N, and others, with the content largely depending on the properties of precursors and the pyrolysis conditions.
CMS, as their name suggests, are designed to separate gases in mixtures by sieving, a process controlled by pore size distribution (PSD). CMS are widely used for the separation of air into nitrogen and oxygen. CMS can be prepared from a number of carbonaceous precursors and by several preparation methods, although those to be used industrially for the separation of air are generally prepared from Air conditioner, with a post-treatment (chemical vapor deposition) to narrow their porosity.
Carbon Molecular Sieve Membranes (CMSM) can potentially overcome the limitations of polymer and zeolite membranes for industrial-scale gas separations. CMSMs show high thermal and chemical stability, and while maintaining a high perm selectivity. Carbon molecular sieves (CMS) are the crucial element of any pressure swing adsorption (PSA)-plant for the generation of nitrogen. For the inertization of storage tanks, pipelines, and tankers, for processing and storing perishable foods and beverages, for heat-treating metals, for processing plastic and fibers, for manufacturing microchips, and for many other uses, the PSA process offers an inexpensive, in-house supply of nitrogen.
PSA nitrogen generator plants can produce high-purity nitrogen from air, up to 99.9995% nitrogen, which PSA membrane systems cannot. CMS technology is used by nitrogen generators to continuously manufacture ultra-high purity nitrogen. Also, carbon molecular sieves are lower cost than membrane technology. The amount of gas that activated carbon adsorb depends on several factors including temperature, gas pressure, composition, and adsorption velocity. Pressure swing adsorption employs cyclic pressurization and depressurization stages, where more gas is adsorbed at high pressure and then released when the pressure is dropped. PSA does not require thermal energy, and the desorption-adsorption conditions can be changed simply alternating between pressurization and depressurization. As a result, PSA can operate with a quick cycle time.
Pressured raw gas is sent to the first of two adsorption tanks that are filled with CMS. Preferentially adsorbed gas constituents remain in the CMS bed while other constituents travel through the vessel under high pressure to create purified product gas. The raw gas is delivered to the second vessel and the first vessel is depressurized when the first vessel reaches its adsorption capacity. As a result, adsorbent elements are freed, and the CMS is prepared for a new cycle. Pure gas production can be produced continuously mainly owing to the cycling between the two vessels by using carbon molecular sieves. Owing to these factors, the pressure swing adsorption segment will boost the demand for carbon molecular sieves market during the forecast period.
The carbon molecular sieves market is segmented on the basis of type, application, and region. On the basis of type, the global carbon molecular sieves market is classified into adsorption cycle 60s, adsorption cycle 120s and others. By application, it is categorized into gas separation, biogas upgrading, noble gas recovery and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific and LAMEA
The major players operating in the industry include ACURO ORGANICS LIMITED, Huzhou Minqiang New Material Technology Co., Ltd., Kuraray Co., Ltd., Osaka Gas Chemicals Co., Ltd., RXChemicals, SINOCATA, Sorbead India, Weihai Huatai Molecular Sieve Co. Ltd., Huzhou Qiangda Molecular Sieve Technology Co., Ltd., and Zhejiang Changxing Haihua Chemical Co., Ltd. These players have adopted product launch as their key strategy to increase their market shares.
COVID 19 Impact Analysis
The COVID-19 pandemic severely affected the carbon molecular sieves demand across the oil and gas. With the outbreak of COVID-19, the CMS market was affected owing to factors such as supply chain disruption that slackened the demand for CMS and lockdowns being enforced in various countries.
Carbon molecular sieves are widely used in gas separation and other sectors. Gas and Biogas industries have gained momentum and started their production process smoothly. Hence, the demand for carbon molecular sieves has increased post COVID.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the carbon molecular sieves market analysis from 2021 to 2031 to identify the prevailing carbon molecular sieves market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the carbon molecular sieves market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global carbon molecular sieves market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
Adsorption Cycle 60s
Adsorption Cycle 120s
Others
By Application
Gas Separation
Biogas Upgrading
Noble Gas Recovery
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
Key Market Players
ACURO ORGANICS LIMITED
Kuraray Co., Ltd.
RXChemicals
SINOCATA
Sorbead India
Huzhou Qiangda Molecular Sieve Technology Co., Ltd.
Huzhou Minqiang New Material Technology Co., Ltd.
Osaka Gas Chemicals Co., Ltd.
Weihai Huatai Molecular Sieve Co. Ltd.
Zhejiang Changxing Haihua Chemical Co.,Ltd.
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