Air Separation Plant Market : By Process, By Application, By Gas and Geography  

Air Separation Plant Market Size, Share, Growth, Trends, and Global Industry Analysis: By Process (Cryogenic, Non-cryogenic), By Application (Healthcare, Oil & Gas, Iron & Steel, Chemical and Others), By Gas (Oxygen, Nitrogen, Argon, Others) and Region  

Air Separation Plant Market size was valued at US$ 5.04 billion in 2022 estimated to reach at US$ 7.25 billion by 2029, growing at a significant CAGR of CAGR of 5.34% during forecast period 2023-2029. Air separation plants are used for the production of different atmospheric industrial gases like argon, oxygen, nitrogen and other rate gases. Such separation plants are broadly used in small to large scale plants for the production of gases as well as other liquid products. A few of the air separation plants produce xenon, neon, oxygen and compressed dry air. The air segmentation plant is growing rapidly as there is a great demand for high purity products in different industries like steel, chemical and medical. Global air separation plant market is expanding greatly with several product quality as well as environment prevention rules combining together for increasing the scope of use of pure air-based gases around many industries.

There are many industries continue to use huge volumes of pure oxygen as well as other air gases over ambient air for reducing pollution and stick to clean initiatives. The gas and oil industry becomes the key consumer of pure air gases leading towards the overall growth of the global air separation plants market. Such end-use segment is anticipated to offer huge growth opportunities in upcoming years particularly in the region like North America. The  booming food industry around the globe is becoming a key consumer of food-grade air gases like oxygen, nitrogen, carbon and dioxide for use around several application areas. Because of the fast increase in demand for pure air gases, several growth opportunities will be provided by the air separation plants market. There are several new key players entering into this market. air separation plants are usually considered to be the feasible means of recovering rare gases needed in the industries.

Air Separation Plant Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

5.34%

Largest Market

Asia-Pacific

Fastest Growing Market

Asia-Pacific

Air Separation Plant Market Dynamics

The Growing demand of industrial gases from dynamic manufacturing sectors and increasing demand for medical oxygen due to covid-19. Restraints: High cost associated with fabrication, component assembly and operations.

Air Separation Plant Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2022

US$ 5.04 billion

Market Size in 2029

US$ 7.25 billion

Market CAGR

5.34%

By Gas type

  • Nitrogen
  • Oxygen
  • Others

By Process type

  • Non-cryogenic
  • Cryogenic

By Application

  • Healthcare industry
  • Chemical Industry
  • Oil & Gas Industry
  • Others

Key Features of the Report

  • Porters Five Forces model aids to examine the prospective of buyers & suppliers and the cutthroat sketch of the market, which is anticipated to guide the industry players in bringing successful strategies accordingly.
  • It depicts the recent trends and future picture of the market from 2019 to 2026 to understand the current opportunities as well as the investment pockets.
  • This report outlines an in detail analysis of the air separation plant market to recognize the potential investment pockets.
  • The market growing drivers, restrains, and opportunities and their thorough impact analyses have been explained here.

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Frequently Asked Questions

The Air Separation Plant Market is growing at a CAGR of 5.34 over the Forecast Period

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.

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Author

Prem Kumar

Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....

1.Executive Summary
2.Global Air Separation Plant Market Introduction 
2.1.Global Air Separation Plant Market  - Taxonomy
2.2.Global Air Separation Plant Market  - Definitions
2.2.1.Gas type
2.2.2.Process type
2.2.3.Application
2.2.4.Region
3.Global Air Separation Plant Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Air Separation Plant Market Analysis, 2018-2022 and Forecast 2023-2029
4.1.  Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Air Separation Plant Market  By Gas type, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
5.1. Nitrogen
5.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Oxygen
5.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Others
5.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
6.Global Air Separation Plant Market  By Process type, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
6.1. Non-cryogenic
6.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Cryogenic
6.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Clinics and Ambulatory Surgery Centers
6.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
7.Global Air Separation Plant Market  By Application, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
7.1. Healthcare industry
7.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Chemical Industry
7.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Oil & Gas Industry
7.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Others
7.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
8.Global Air Separation Plant Market  By Region, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9.North America Air Separation Plant Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
9.1. Gas type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Nitrogen
9.1.2.Oxygen
9.1.3.Others
9.2.  Process type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Non-cryogenic
9.2.2.Cryogenic
9.2.3.Clinics and Ambulatory Surgery Centers
9.3.  Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Healthcare industry
9.3.2.Chemical Industry
9.3.3.Oil & Gas Industry
9.3.4.Others
9.4.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10.Europe Air Separation Plant Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
10.1. Gas type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Nitrogen
10.1.2.Oxygen
10.1.3.Others
10.2.  Process type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Non-cryogenic
10.2.2.Cryogenic
10.2.3.Clinics and Ambulatory Surgery Centers
10.3.  Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Healthcare industry
10.3.2.Chemical Industry
10.3.3.Oil & Gas Industry
10.3.4.Others
10.4.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
11.Asia Pacific (APAC) Air Separation Plant Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
11.1. Gas type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Nitrogen
11.1.2.Oxygen
11.1.3.Others
11.2.  Process type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Non-cryogenic
11.2.2.Cryogenic
11.2.3.Clinics and Ambulatory Surgery Centers
11.3.  Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Healthcare industry
11.3.2.Chemical Industry
11.3.3.Oil & Gas Industry
11.3.4.Others
11.4.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12.Middle East and Africa (MEA) Air Separation Plant Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
12.1. Gas type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Nitrogen
12.1.2.Oxygen
12.1.3.Others
12.2.  Process type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Non-cryogenic
12.2.2.Cryogenic
12.2.3.Clinics and Ambulatory Surgery Centers
12.3.  Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Healthcare industry
12.3.2.Chemical Industry
12.3.3.Oil & Gas Industry
12.3.4.Others
12.4.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13.Latin America Air Separation Plant Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
13.1. Gas type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Nitrogen
13.1.2.Oxygen
13.1.3.Others
13.2.  Process type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Non-cryogenic
13.2.2.Cryogenic
13.2.3.Clinics and Ambulatory Surgery Centers
13.3.  Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Healthcare industry
13.3.2.Chemical Industry
13.3.3.Oil & Gas Industry
13.3.4.Others
13.4.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Messer Group GmbH
14.2.2.AMCS Corporation
14.2.3.Technex Ltd
14.2.4.Ranch Cryogenics, Inc
14.2.5.Universal Boschi
14.2.6.Taiyo Nippon Sanso Corporation
14.2.7.Linde Engineering
14.2.8.Air Liquide S.A.
14.2.9.Praxair
14.2.10.Enerflex Ltd
15. Research Methodology 
16. Appendix and Abbreviations 

Key Market Players

  • Messer Group GmbH
  • AMCS Corporation
  • Technex Ltd
  • Ranch Cryogenics, Inc
  • Universal Boschi
  • Taiyo Nippon Sanso Corporation
  • Linde Engineering
  • Air Liquide S.A.
  • Praxair
  • Enerflex Ltd

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