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Membrane Contactor Market Size, Major Companies, Share and Revenue Analysis, Till 2027
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Membrane Contactor Market Size, Major Companies, Share and Revenue Analysis, Till 2027
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The life-or-death race to improve carbon capture
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Membrane Contactor Market worth $340 Million by 2025
iCrowd Newswire
According to the new market research report Membrane Contactor Market by Membrane (PP, PTFE & Others), Application (Water & Wastewater Treatment, Food Processing, Pharmaceuticals Processing, Microelectronics & Semiconductors, and Others), and Region - Global Forecast to 2025″, size is estimated to be USD 257 million in 2020 and projected to reach USD 340 million by 2025, growing at a CAGR of 5.8% from 2020 to 2025. The increasing use of membrane contactors in degassing applications and their preference over other conventional equipment-such as vacuum towers and packed towers-have boosted their demand in recent years.
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Membrane Contactor Market
Optiperm™ carbon shows promising early results for carbon capture
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NEWPORT, Del., March 3, 2021 /PRNewswire/ Compact Membrane Systems (CMS), a pioneer in separations technology, has developed a new membrane for capturing carbon dioxide out of flue gas. This is the third addition to CMS s Optiperm™ product portfolio (after separating olefins from paraffins and upgrading biogas) and is aimed at reducing greenhouse gas emissions.
Early results show promise, with the high flow membrane consistent with a $20/ton cost of carbon capture. These results position Optiperm™
carbon as more cost-effective than many alternative CO