Global Air Separation Plant Market Growth 2023-2029
Air Separation Plant is the equipment used in the separation of the air, which is used to produce the oxygen, nitrogen, etc. Air separation plants produce one or both of the two most common atmospheric industrial gases (nitrogen and oxygen) as gases and sometimes also as liquid products. Some air separation plants also produce compressed dry air, argon, ultra high purity (UHP) oxygen, or, occasionally, the "rare gases" (neon, krypton and xenon).
LPI (LP Information)' newest research report, the “Air Separation Plant Industry Forecast” looks at past sales and reviews total world Air Separation Plant sales in 2022, providing a comprehensive analysis by region and market sector of projected Air Separation Plant sales for 2023 through 2029. With Air Separation Plant sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Air Separation Plant industry.
This Insight Report provides a comprehensive analysis of the global Air Separation Plant landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Air Separation Plant portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Air Separation Plant market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Air Separation Plant and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Air Separation Plant.
The global Air Separation Plant market size is projected to grow from US$ 4110.6 million in 2022 to US$ 5657.3 million in 2029; it is expected to grow at a CAGR of 5657.3 from 2023 to 2029.
Global Air Separation Plant key players include Linde, Air Liquide, Praxair, Air Products, Hangyang Group, etc. Global top five manufacturers hold a share about 50%. Europe is the largest market, with a share about 35%, followed by North America and China, both with a share about 25 percent. In terms of product, 20-60 K CMPH is the largest segment, with a share about 55%. And in terms of application, the largest application is Chemical Industry, followed by Industry Gas, Metallurgy Industry, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Air Separation Plant market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Below 20 K CMPH
20-60 K CMPH
Above 60 K CMPH
Segmentation by application
Chemical
Industry Gas
Metallurgy Industry
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Linde
Air Liquide
Praxair
Air Products
Taiyo Nippon Sanso
Hangyang
Sichuan Air Separation
HNEC
Messer
JSC Cryogenmash
AMCS
Gas Engineering LLC
Key Questions Addressed in this Report
What is the 10-year outlook for the global Air Separation Plant market?
What factors are driving Air Separation Plant market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Air Separation Plant market opportunities vary by end market size?
How does Air Separation Plant break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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