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Throughout the anticipated period, the market for gas separation membranes is anticipated to grow at a constant CAGR of 7.3%. The market is predicted to generate US$ 2.34 billion in sales in 2023 and to reach US$ 4.73 billion by 2033.<br><br>According to the research report, the market is prospering as a result of the growing petrochemical and oil & gas sectors, as well as the pharmaceutical industry's expanding horizons. Gas separation membrane applications are also expanding due to sophisticated chemical processes like nitrogen synthesis from oxygen and hydrogen recovery from nitrogen.
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