Advertisement

$6.2 Billion Worldwide Air Separation Plants Industry to 2030 - Featuring Enerflex, Linde, Messer Group and Praxair Among Others

Research and Markets
·4-min read
Company Logo
Company Logo

Global Market for Air Separation Plants

Global Market for Air Separation Plants
Global Market for Air Separation Plants

Dublin, Feb. 02, 2023 (GLOBE NEWSWIRE) -- The "Air Separation Plants - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Air Separation Plants estimated at US$4.4 Billion in the year 2022, is projected to reach a revised size of US$6.2 Billion by 2030, growing at a CAGR of 4.4% over the analysis period 2022-2030.

Cryogenic, one of the segments analyzed in the report, is projected to record 4.7% CAGR and reach US$4.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Non-Cryogenic segment is readjusted to a revised 3.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 7.4% CAGR

The Air Separation Plants market in the U.S. is estimated at US$1.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.3 Billion by the year 2030 trailing a CAGR of 7.4% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.3% and 3.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.9% CAGR.

Select Competitors (Total 41 Featured) -

  • Air Liquide SA

  • Air Products and Chemicals, Inc.

  • Enerflex Ltd.

  • Linde AG

  • Messer Group GmbH

  • Praxair, Inc.

  • Taiyo Nippon Sanso Corporation

  • Technex Ltd.

  • Universal Industrial Gases, Inc.

  • Yingde Gases Group Co., Ltd.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.

  • Global competitiveness and key competitor percentage market shares

  • Market presence across multiple geographies - Strong/Active/Niche/Trivial

  • Online interactive peer-to-peer collaborative bespoke updates

  • Access to digital archives and Research Platform

  • Complimentary updates for one year

Report Attribute

Details

No. of Pages

244

Forecast Period

2022 - 2030

Estimated Market Value (USD) in 2022

$4.4 Billion

Forecasted Market Value (USD) by 2030

$6.2 Billion

Compound Annual Growth Rate

4.4%

Regions Covered

Global

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights

  • World Market Trajectories

  • Air Separation Plant: A Prelude

  • Air Separation Plants - Global Key Competitors Percentage Market Share in 2022 (E)

  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Iron & Steel Industry: The Largest End-Use Sector for Air Separation Plant Market

  • Global Crude Steel Production in Million Tonnes for the Years 2007 through 2018

  • Global Crude Steel Production in Million Tonnes by Leading Countries for the Years 2017 and 2018

  • Cryogenic Air Separation Plant Finds Increasing Application in Oil & Gas Industry: A Business Case for the Market

  • Global Crude Oil Production in Million Tonnes for the Years 2010 through 2018

  • Global Natural Gas Production in Million Tonnes for the Years 2010 through 2018

  • Rise in Demand for Gases in Chemical Industry Favors Market Growth

  • Global Specialty Chemicals Market: Revenues in US$ Billion for the Years 2016, 2018, 2020 and 2022

  • Growing Demand for Oxygen Plants in Medical Sector Augurs Well for Air Separation Plant Market

  • Global Medical Gases Market: Revenues in US$ Million by Region for the Years 2019 and 2024

  • Surge in Demand for Plasma Display Channels and Photovoltaic Products Offer Better Prospects for Market Growth

  • Global Photovoltaics Market: Revenues in US$ Billion for the Years 2016, 2018, 2020, 2022 and 2024

  • Stringent Safety and Environmental Regulations in the Industrial Sector Boosts Demand for Air Separation Plant

  • Growth Prospects in Industrial Sector Boosts Demand for Air Separation Plant in Middle East & Africa

  • Percentage of GDP in Middle East and North Africa by Select Countries for the Years 2016 through 2020

  • Increasing Demand in Developing Countries such as India and China Augurs Well for Air Separation Plant Market

  • Innovations and Advancements

  • Product Overview

  • Air Separation Plant: An Insight

  • Air Separation Plant by Process

  • Cryogenic

  • Non-Cryogenic

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/j4hu5e-separation?w=12

Attachment

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900