Air Separation Plant Market 2019: Air Liquide, Linde, Praxair Technology, Inc., Air Products and Chemicals, Inc., Messer Group GmbH, TAIYO NIPPON SANSO CORPORATION, UIG, ENERFLEX LTD., Technex, Astim, BD|SENSORS GmbH

This Air Separation Plant Market report also endows with an exhaustive survey of key players in the market which is based on a range of objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization. The report puts light on the entire market trends and analyses the effect of buyers, consumers, substitutes, new entrants, competitors, and suppliers on the market. It also explains what the market definition, classifications, applications, engagements, and global industry trends are. Air Separation Plant Market research report delivers comprehensive analysis of the market structure along with estimations of the various segments and sub-segments of the market.

Geographical areas such as North America, South America, Europe, Asia-Pacific, Middle East and Africa are also considered for the market analysis. Air Separation Plant Market is supposed to witness growth during the forecast period due to growing demand at the end user level. The data and information collected to generate this top-notch market report has been derived from the trusted sources such as company websites, white papers, journals, and mergers etc. The report identifies the most recent improvements, market share, and systems applied by the significant market. The Air Separation Plant Market report also computes the market size and revenue generated from the sales.

Global Air separation Plant Market is expected to rise from its initial estimated value of USD 3.74 billion in 2018 to an estimated value of USD 5.96 billion by 2026, registering a CAGR of 6 % in the forecast period of 2019-2026. This rise in market value can be attributed to the increased demand for photovoltaic products and plasma display channels.

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Key Market Competitors:

Few of the major competitors currently working in air separation plant market are

• Air Liquide (France),
• Linde (Ireland),
• Praxair Technology, Inc. (UK),
• Air Products and Chemicals, Inc. (US),
• Messer Group GmbH (Germany),
• TAIYO NIPPON SANSO CORPORATION (Japan),
• UIG (USA),
• ENERFLEX LTD. (Canada),
• Technex,
• Astim (Europe),
• BD|SENSORS GmbH (Germany),
• Toro Equipment (Europe),
• WesTech Engineering, Inc. (USA),
• Lenntech B.V. (Europe),
• Gulf Gases, Inc. (USA),
• Linde (Germany),
• Instrument & Supply, Inc. (USA),
• JBI Water & Wastewater (USA),
• H2FLOW EQUIPMENT INC (Canada),
• HABA tuotteet (US),
• Eco-Tech, Inc. (US),
• RCBC Global Inc (Germany) and others.

Key Developments in the Market:

• In October 2016, Praxair announced the start of its second air separation plant of 1,300 TPD in Port of Antwerp and the extending of its pipeline system in the Port of Antwerp; it is a one of the world’s largest petrochemical production complexes. The new facility also produces liquid oxygen, nitrogen, and argon.

• In September 2016, Linde AG and U.S. rival Praxair Inc. confirmed they are in preliminary merger talks for a deal to create the world’s largest industrial-gas supplier with a potential market value of more than USD 60 billion.

Competitive Analysis:

Global air separation plant market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of air separation plant market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Market Definition: Global Air separation Plant Market

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.

Market Drivers:

• Stringent safety and environmental regulations, this act as driver to the market.

• Increase industrial development activities in MEA, this act as driver to the market.

Market Restraints:

• Technical and cost factors is the restraints to the market.

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Segmentation:

By Gas

• Nitrogen
• Oxygen
• Argon
• Diesel

By Type

• Cryogenic
• Non-cryogenic
o Pressure Swing Adsorption (PSA)
o Membrane Separation
o Vacuum Pressure Swing Adsorption (VPSA)

By End User

• Iron & Steel
• Oil & Gas

o Upstream
o Downstream

• Chemical
• Healthcare
• food & beverage
• Glass industry
• Coal gasification

By Geography

• North America

• South America

• Europe

• Asia-Pacific

• Middle East & Africa

Key Insights in the report:

• Complete and distinct analysis of the market drivers and restraints
• Key market players involved in this industry
• Detailed analysis of the market segmentation
• Competitive analysis of the key players involved

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