Global Air separation Plant Market Overview & Analysis by Gas, End-User, Geography, Growth Rate, Key Players The Linde Group, Praxair Technology, Inc., Air Products and Chemicals, Inc, Messer, TAIYO NIPPON SANSO CORPORATION

Global Air separation Plant Market accounted for USD 3.33 billion in 2016 and projected to grow at a CAGR of 6.1% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Global Air separation Plant Market by Gas (Nitrogen, Oxygen, Argon); End-user (Iron & Steel, Oil & Gas {Upstream, downstream}, Chemical, Healthcare, food & beverage, glass industry, coal gasification); Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024

Major Market Competitors:

Some of the major players in global air separation plant market include Air Liquide, The Linde Group, Praxair Technology, Inc., Air Products and Chemicals, Inc, Messer, TAIYO NIPPON SANSO CORPORATION, Universal Industrial Gases, Inc., ENERFLEX LTD, TechNex, Yingde Gases, and others.

Market Definition:

Air separation plant deals with separation of atmospheric air into nitrogen and oxygen. Sometimes it also deals with other gases such as argon, and other gases. It has its wide application in iron & steel, oil & gas, chemical, healthcare, and others. Stringent safety and environmental regulations may act as the major driver in the growth of air separation plant market. Technical and cost factors may hamper the market.

Major Market Drivers:

Stringent safety and environmental regulations
Growing demand from healthcare sector
Increased demand for photovoltaic products and plasma display channels
Growing industrial development activities in MEA
Technical and cost factors

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Market Segmentation:

The global air separation plant market is segmented on the basis of gas into nitrogen, oxygen, argon, and others.

On the basis of process, the global air separation plant market is segmented into cryogenic, and non-cryogenic. The non-cryogenic segment is sub segmented into pressure swing adsorption (PSA), vacuum pressure swing adsorption (VPSA), and membrane separation.

On the basis of end-user, the global air separation plant market is segmented into iron & steel, oil & gas, chemical, healthcare, and others. The oil & gas segment is sub segmented into upstream, and downstream. The upstream segment is sub segmented into pipe laying & construction, gas lifting & enhanced oil recovery (EOR), pipe inserting & leak testing, underbalanced drilling, and natural gas sweetening. The downstream segment is sub segmented into gasification & catalytic cracking, blanketing, and purging and drying. The other segment is sub segmented into food & beverage, glass industry, and coal gasification. The food & beverage segment is sub segmented into food, and beverage.

On the basis of geography, the global air separation plant market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

Competitive Landscape:

The global air separation plant market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Research Methodology:

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.

The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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