What is Global Carbon Molecular Sieves (CMS) Market?
The Global Carbon Molecular Sieves (CMS) Market is a vast and dynamic field that deals with the production, distribution, and consumption of carbon molecular sieves. These sieves are a type of adsorbent that have the ability to separate air molecules based on their size, shape, and affinity towards the sieve material. They are primarily used in the separation of nitrogen and oxygen from air. The global market for these sieves is growing at a steady pace due to their increasing use in various industries such as chemical, petrochemical, and food and beverage. The market is also driven by the growing demand for energy-efficient and cost-effective separation techniques. However, the market faces challenges such as high production cost and stringent environmental regulations. Despite these challenges, the market is expected to grow in the coming years due to the increasing demand for pure and safe air in various industries.
CMS-260, CMS-240, CMS-220, CMS-330, Other in the Global Carbon Molecular Sieves (CMS) Market:
The Global Carbon Molecular Sieves (CMS) Market is segmented into various types such as CMS-260, CMS-240, CMS-220, CMS-330, and others. Each type has its own unique properties and uses. For instance, CMS-260 is widely used in the production of nitrogen due to its high nitrogen yield and low energy consumption. On the other hand, CMS-240 is used in the separation of oxygen and nitrogen from air due to its high oxygen capacity. Similarly, CMS-220 is used in the production of high purity nitrogen due to its high nitrogen purity. Lastly, CMS-330 is used in the production of high pressure nitrogen due to its high pressure resistance. Other types of CMS are used in various other applications based on their specific properties.
Nitrogen Pressure Swing Adsorption (PSA) System, Biogas Updating in the Global Carbon Molecular Sieves (CMS) Market:
The Global Carbon Molecular Sieves (CMS) Market finds its application in various areas such as Nitrogen Pressure Swing Adsorption (PSA) System and Biogas Updating. In the Nitrogen PSA System, CMS is used to separate nitrogen from air. The system works on the principle of pressure swing adsorption where air is passed through a column of CMS under high pressure. The CMS adsorbs oxygen and other gases from the air, allowing nitrogen to pass through. The adsorbed gases are then desorbed from the CMS by reducing the pressure. This process results in the production of high purity nitrogen. On the other hand, in Biogas Updating, CMS is used to remove carbon dioxide and other impurities from biogas to produce biomethane. The process involves passing biogas through a column of CMS under high pressure. The CMS adsorbs carbon dioxide and other impurities, allowing methane to pass through. The adsorbed gases are then desorbed from the CMS by reducing the pressure. This process results in the production of high purity biomethane.
Global Carbon Molecular Sieves (CMS) Market Outlook:
The global Carbon Molecular Sieves (CMS) market, valued at US$ 144.6 million in 2022, is projected to reach a value of US$ 216.6 million by 2029. This growth, representing a Compound Annual Growth Rate (CAGR) of 6.1% from 2023 to 2029, is driven by the increasing demand for CMS in various industries. The market is dominated by the top five manufacturers who collectively hold a share of over 70%. China, being the largest producer, contributes about 60% to the global production. In terms of product types, CMS-260 holds the largest market share of about 40% due to its wide application in nitrogen production. Furthermore, the Nitrogen Pressure Swing Adsorption (PSA) System is the largest application of CMS, accounting for over 98% of the total market share. This is due to the increasing demand for high purity nitrogen in various industries.
| Report Metric | Details |
| Report Name | Carbon Molecular Sieves (CMS) Market |
| Accounted market size in 2022 | US$ 144.6 million |
| Forecasted market size in 2029 | US$ 216.6 million |
| CAGR | 6.1% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Osaka Gas Chemical, Kuraray, Zhejiang Changxing Haihua Chemical, Changxing ShanLi Chemical Materials, Huzhou Qiangda Molecular Sieve Technology, China Carbon Molecular Sieve Co., Huzhou Minqiang Carbon Industry, Guangde Shibo, Weihai Huatai Molecular Sieve, Shanghai Jiuzhou Chemical, Hotek Chemical Technology, Air Water Bellpearl |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
