Global Air Separation Unit Market Growth 2023-2029

Global Air Separation Unit Market Growth 2023-2029

The global Air Separation Unit market size is projected to grow from US$ 4238.6 million in 2022 to US$ 6051.4 million in 2029; it is expected to grow at a CAGR of 6051.4 from 2023 to 2029.

The major global manufacturers of air separation unit are Linde, Air Liquide, Hangyang Group, Sichuan Air Separation, Air Products, HNEC, etc., of which the largest manufacturer is Linde, occupying more than 20% of the market share. The global air separation unit are mainly produced in North America, Europe, China, Japan, etc. The top three regions occupy more than 80% of the market share, and Europe is the largest production region, occupying 33.86% of the market share. In terms of their product categories, separation rates in the range of 20-60 K CMPH have a higher market share of nearly 60%, followed by products with separation rates below 20 K CMPH. In terms of applications, the chemical industry is the top application area with a market share of over 45%, followed by the industrial gas and metallurgical industries.

Air Separation Unit (ASU) separates atmospheric air into its primary components, typically nitrogen and oxygen, and sometimes also argon and other rare inert gases.

LPI (LP Information)' newest research report, the “Air Separation Unit Industry Forecast” looks at past sales and reviews total world Air Separation Unit sales in 2022, providing a comprehensive analysis by region and market sector of projected Air Separation Unit sales for 2023 through 2029. With Air Separation Unit sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Air Separation Unit industry.

This Insight Report provides a comprehensive analysis of the global Air Separation Unit 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 Unit portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Air Separation Unit market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Air Separation Unit 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 Unit.

This report presents a comprehensive overview, market shares, and growth opportunities of Air Separation Unit 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
Industrial Gas
Metallurgy
Other

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
Hangyang Group
Sichuan Air Separation
Air Products
HNEC
Taiyo Nippon Sanso
Messer
Cryogenmash
AMCS
Air Water Plant & Engineering

Key Questions Addressed in this Report

What is the 10-year outlook for the global Air Separation Unit market?

What factors are driving Air Separation Unit market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Air Separation Unit market opportunities vary by end market size?

How does Air Separation Unit 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.