- Nitrogen
- Oxygen
- Others
Air Separation Plant Market size was valued at USD 5.04 billion in 2022 estimated to reach at USD 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.
Asia-Pacific got significant share
Air Separation Plant Market Regional Analysis
APAC accounts for the highest production and consumption of steel in the world, along with one of the highest oil refining capacities. Increasing industrial activities in different regions of Middle East like Saudi Arabia and UAE and increase in government rules about environment safety are projected to drive the market growth over the forecast period. Increase in demand from chemical companies as well as developing economies are anticipated to make available a huge number of opportunities n the market.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- 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.
Air Separation Plant Market Segmentation
By Gas type
By Process type
- Non-cryogenic
- Cryogenic
By Application
- Healthcare industry
- Chemical Industry
- Oil & Gas Industry
- Others
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.
| 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 |
- 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