Air Separation Plants Market 2019 SWOT Analysis and Competitive Landscape By 2025| Worldwide Overview By Global Leaders, Drivers-Restraints, Emerging Technologies, Major Segments and Regional Trends

Global Air Separation Plants Market Research Report Covers Historical Market Trends, Current Market Dynamics, Market Valuation by Segmentation as Well as Region, Risk and Opportunity Assessment, Country-level Analysis for Every Segment, Key Player's Market Share Analysis, Competitive Landscape and Supply Chain Analysis.

Air Separation Plants Market Research Report 2019: Industry Size, Share, Trends, Growth, Sales, Revenue, Risk and Opportunity Assessment with Regional Analysis and Segmentation By Type (Under 20000 m3/h, 20,000-40,000 m3/h, 40,000-80,000 m3/h and More Than 80,000 m3/h), Process (Cryogenic Distillation Process and Non-Cryogenic Distillation Process), Gas (Nitrogen, Oxygen and others), Application (Chemical, Oil & Gas Industry, Paper, Metallurgy and others) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2025

Market Research Future (MRFR) in its latest "Air Separation Plants Market" report, reveals that the global air separation plants market holds great possibilities to expand in the foreseeable future. As per MRFR's study, the market of air separation plants is likely to expand at a CAGR 5.02% through the forecast years of 2018 to 2025 and attain a valuation of USD 6,636 million by 2025.

MRFR list of key players of the worldwide market of air separation plants are; Praxair, Inc., Linde AG, Air Liquide SA, Taiyo Nippon Sanso Corporation, Air Products and Chemicals, Inc., Universal Industrial Gases, Messer Group GmbH, Technex Ltd., Enerflex Ltd., and Gas Engineering LLC.

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Market Overview

Air separation plants are experiencing a significant rise in their demand across different wealthy verticals, such as automotive, food & beverages, paper & pulp, and healthcare, which is expected to be the prime cause for the market growth. Industrial gases have significant role to play across different industries. Where, nitrogen is extensively used in the food and beverage, and the packaging industries, oxygen cylinders are heavily supplied across hospitals and nursing home. LPG is gaining popularity across the transport industry, and are proving its significance in household requirements. Other industries, such as the steel manufacturing and the pharmaceutical industries are also high end-users of industrial gas. The growing demand for purified industrial gas is surging the need for air separation plants. This is expected to boost the expansion of the worldwide air separation plants market.

Segmental Study

The air separation plants market is segmented by process, type, application, and gas.

By type, the market is segmented into under 20000 m3/h, 20,000-40,000 m3/h, 40,000-80,000 m3/h, and more than 80,000 m3/h. The 20,000-40,000 m3/h segment of the market headed with high revenue as 20,000- 40,000 m3/h capacity type are mostly used for air separation purposes across industries, such as heat treatment process, pulp & paper industry, welding, and the steel industry.

By process, the market is sectioned into non-cryogenic distillation process and cryogenic distillation process. The cryogenic distillation process segment is expected to determine the market growth in the assessment period. The cryogenic distillation process is widely used in medium to large scale plants for purification of gases. Hence, the increase in the utility of air separators is expected to increase the global market size by the end of the evaluation years.

By gas, the market is segmented into oxygen, nitrogen, and others. The oxygen segment is likely to gain substantial revenue across the assessment years. Oxygen has multiple applications, such as in steelmaking, fabrication and refining processes of metals, and others. This is likely to surge the air separation plants market in the year of evaluation.

By application, the market is segmented into oil & gas industry, chemical, metallurgy, paper, and others. The metallurgy segment is expected to generate high profit for the global air separation plants market by the end of the evaluation period. Gases are required in the manufacture of casting molds, melting steel and other related activities. The growing number of constructions can propel the growth of the market.

Regional Analysis

The market in Europe is expected to show a sharp rise due to the presence of important players. The air separation plants market in the North America region is expected to make high profits due to the presence of firm technical and industrial frameworks. Quick industrialization and fast-paced growth of the urban populace in the Asia Pacific region are likely to contribute the expansion of the APAC air separation plants market in the years of assessment.

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List of Tables

Table 1 Global Air Separation Plant Market, by Type, 2014-2022 (Usd Million)
Table 2 Global Air Separation Plant Market, by Process, 2014-2022 (Usd Million)
Table 3 Global Air Separation Plant Market, by Gas, 2014-2022 (Usd Million)
Table 4 Global Air Separation Plant Market, by Application, 2014-2022 (Usd Million)
Table 5 Global Air Separation Plant Market, by Region, 2014-2022 (Usd Million)
Table 6 North America: Air Separation Plant Market, by Country, 2014-2022 (Usd Million)
Table 7 North America: Air Separation Plant Market, by Type, 2014-2022 (Usd Million)

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List of Figures

Figure 1 Research Process of Mrfr
Figure 2 Top Down & Bottom Up Approach
Figure 3 Drivers, Restraints, and Opportunities of Global Air Separation Plant Market
Figure 4 Porter's 5 Forces Analysis of Global Air Separation Plant Market
Figure 5 Global Air Separation Plant Market, by Type, 2014-2022 (Usd Million)
Figure 6 Global Air Separation Plant Market, by Process, 2014-2022 (Usd Million)
Figure 7 Global Air Separation Plant Market, by Gas, 2014-2022 (Usd Million)

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