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Stock impact report

Gas Separation Membrane Market to Surpass US$ 2.01 Billion, Expanding at 7.4% CAGR by 2034 |Fact.MR Report [Yahoo! Finance]

Honeywell International Inc. (HON) 
Last honeywell international inc. earnings: 5/1 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.honeywell.com
Company Research Source: Yahoo! Finance
Rockville, MD , Dec. 19, 2024 (GLOBE NEWSWIRE) -- According to a revised industry research report published by Fact.MR, a market research and competitive intelligence provider, the global Gas Separation Membrane Market is analyzed to touch a value of US$ 986.4 million in 2024 and further increase at a notable CAGR of 7.4% from 2024 to 2034. The growing demand for biogas is driving the market expansion of gas separation membranes. The anaerobic decomposition of organic materials in the absence of oxygen produces biogas, which is a mixture of methane, carbon dioxide, and insignificant amounts of other gases. The increasing demand for environment-friendly, sustainable energy sources is leading to an increase in the supply of biogas. Gas separation membranes are utilized in the production of biogas. Methane is produced by crop deterioration and organic waste and is either burned as gas or transformed into power. A flexible energy source including biogas has the potential to meet the Show less Read more
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