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Air Liquide (France), Linde (Germany), Praxair(U.S.), Air Products and Chemicals (U.S.) and Taiyo Nippon Sanso Corporation (Japan) are the Renowned Players in Air Separation Plant Market - Report by MarketsandMarkets™

11-15-2018 11:13 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketsandMarkets

Air Liquide (France), Linde (Germany), Praxair(U.S.), Air

The report "Air Separation Plant Market by Process (Cryogenic, Non-Cryogenic), Gas (Nitrogen, Oxygen, Argon), End User (Iron & Steel, Oil & Gas, Chemical, Healthcare), Region - Global Forecast to 2026", The global air separation plant market is projected to reach USD 7.27 Billion by 2026, at a CAGR of 5.3% from 2016 to 2026.

Browse 86 market data tables and 45 figures spread through 148 pages and in-depth TOC on “Air Separation Plant Market”

https://www.marketsandmarkets.com/Market-Reports/air-separation-plant-market-210435735.html

The global air separation plant market is driven by the strong growth in the demand for industrial and specialty gases across various end-use sectors, especially iron & steel, healthcare, oil & gas, and energy. Advancements in terms of product innovations and technologies in the market are also expected to create strong investment opportunities for global players. The high cost of gas processing is a major challenge, whereas fluctuating demand patterns and advancements of alternative technologies are expected to be the burning issues for the market.

Iron & steel is the largest end user segment of the global air separation plant market
Based on end users, the air separation plant market has been segmented into iron & steel, oil & gas, chemical, healthcare, and others. The iron & steel segment accounted for the largest share of the air separation plant market in 2015; however, the oil & gas segment is projected to be the fastest-growing segment from 2016 to 2021. Air separation plants have various applications in the oil & gas industry, including oil recovery, leak testing, and so on.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=210435735

Cryogenic process was the largest process segment of the air separation plant market
Based on process, the air separation plant market has been segmented into cryogenic and non-cryogenic. Cryogenic process is the most common air separation process and is projected to grow at the highest CAGR during the forecast period. Cryogenic air separation processes are used in medium to large scale plants to produce nitrogen, oxygen, argon, and other atmospheric gases in liquid or gaseous form.

Asia-Pacific region was the largest market for air separation plants in 2015
Asia-Pacific was the largest market for air separation plants in 2015, owing to the increase in demand for the air separation plants in this region. The growth in the Asia-Pacific region can be attributed to the growth of the metal fabrication and electronic industries in countries such as Japan, China, and India.

The key players operational in the air separation plant market include Air Liquide S.A. (France), Linde AG (Germany), Praxair, Inc. (U.S.), Air Products and Chemicals, Inc. (U.S.), Taiyo Nippon Sanso Corporation (Japan), Messer Group GmbH (Germany), Universal Industrial Gases (U.S.), Enerflex Ltd. (Canada), and Technex Ltd. (Ukraine), among others.

Speak with our Expert @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=210435735

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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MarketsandMarkets™ INC.
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