Air Separation Plant Market 2018-2024 Industry SWOT Analysis By TOP Leaders: Air Liquide, The Linde Group, Air Products and Chemicals, Inc, Messer, TAIYO NIPPON SANSO CORPORATION, Universal Industrial Gases, Inc., ENERFLEX LTD

Market Definition: Global Air Separation Plant Market

Global Air separation plant Market 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.

Market Analysis: Global Air Separation Plant Market

The 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.

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Major Market Competitors: Global Air Separation Plant Market

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.

In 2017, Linde AG announced the establishment of a new large-scale air separation unit in the U.S. to expand its presence in the market of North America.

On October 2017, Air Liquide has entered in a joint venture with Sinopec (China Petroleum & Chemical Corp.) in Beijing in order to optimize 3 Air Separation Units (ASU) with an investment of 40 million euros.

Market Segmentation: Global Air Separation Plant Market

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.

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Reason to buy the Report:

• It helps to know that the global air separation plant market product sections along with their future forecast.

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• It poses a forward-looking prospect on distinct facets controlling and global air separation plant market.

• This poses a six-year global air separation plant market forecast assessment primarily based mostly on the way the sectors are anticipated.

• Global air separation plant market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Customization Options

• All segmentation provided above in this report is represented at country level and can be customized according to needs.

• All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization).

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. 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.

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