Air Separation Plants Market 2020: Technologies, Applications, Verticals, Strategies & Forecast 2025 | (SARS-CoV-2, Covid-19 Analysis)

Global Air Separation Plants Market Research Report: Information 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

The new research report by Market Research Future (MRFR) emphasizes that the global air separation plants market 2020 is slated to obtain a substantial market valuation of USD 6.6 billion by 2025, at a moderate 5.02% CAGR over the review period.

The top market players identified by MRFR in the global market are Air Liquide SA, Technex Ltd., Linde AG, Taiyo Nippon Sanso Corporation, Praxair, Inc., Air Products and Chemicals, Inc., Messer Group GmbH, Enerflex Ltd., Universal Industrial Gases, and Gas Engineering LLC.

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Drivers and Restraints

The increasing demand of industrial and specialty gases such as oxygen, nitrogen, carbon dioxide, hydrogen, argon, helium, and acetylene have led to the development of air separation in the industry. Specialty Gases represent rare or ultra-high purity gases and all the minor gases which are used in specialized applications and are undergoing high growth due to demand in its critical applications like laser& chemicals, lighting, in manufacturing, and many more. Additionally, demand from end-use industries such as energy, healthcare, and electronics are contributing to the need for specialty gases. This augmented demand has led to the development of the market.
Rapid development in emerging economies and rising use of industrial gases in the solar PV industry and developing ground-breaking technologies are expected to fuel the market demand. Nitrogen demand is increasing to enable the production, transport activity much more accessible. It is extensively used in industrial and manufacturing applications for purging, chilling, and liquefaction of the natural gas and for inserting the LNG during shipboard transportation. Furthermore, it is applied for blending the vaporized LNG stream to meet both pipeline and customer specifications.

Market Segmentation

The global air separation plants market has been analyzed based on type, gas, process, application, and region.

The global air separation plants market based on the type has been segmented into 20,000-40,000 m3/h, under 20000 m3/h, 40,000-80,000 m3/h, and more than 80,000 m3/h. Amongst these types, in 2018, the global air separation plants market was commanded by 20,000-40,000 m3/h segment and is projected to lead through the assessment period.

Based on the process, the air separation plants market has been bifurcated into the cryogenic distillation process and the non-cryogenic distillation process. Among these processes, the cryogenic distillation process was assessed as the largest market share, followed by the non-cryogenic distillation process.

Based on gas, the global air separation plants market has been segmented into oxygen, nitrogen, and others. In 2018, the oxygen segment led the market and projected to be dominant throughout the forecast period.

Based on application, the global air separation plants market has been segmented into oil & gas industry, chemical, paper, metallurgy, and others. In 2018, the metallurgy segment led the market and projected to be dominant through the reveiw period.

Regional Overview

The geographical overview of the global market has been conducted in four major regions, namely the Asia Pacific, Europe, North America, and the rest of the world (including Latin America and the Middle East and Africa).

The increasing demand for industrial gases with high purity levels from end-use industries such as the chemicals, oil & gas industry, and petrochemicals have resulted in the growth of the air separation plant industry. Additionally, stringent safety and environmental regulations in the healthcare segment and as well as increased demand for photovoltaic products, are driving the need for air separation plants in the Asia Pacific region.

In China, Companies provides a comprehensive range of gas processing equipment and related gas products under processes such as cryogenic liquid storage tank, cryogenic air separation unit, vaporizer, cryogenic pump, cryogenic semi-trailer tanker, CO2 recovery plant, gas compressor, gas cylinder. It is widely adopted and well-received in metallurgy, iron and steel, chemical industry, communications, pharmaceuticals, shipbuilding, electronics, food, paper, and other fields. North America is also a leading manufacturer and distributor of high purity oxygen, cylinder filling plants, and different gas generators for medical, industrial, and other application.

North America is capitalizing in a site that has a new gasification train and ancillary equipment and facilities. This will improve the growth of the air separation plant industry.

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Key Questions Addressed by the Report

What was the historic market size (2018) growth?
Which segmentation (type/process/gas/application) is driving market growth?
What will be the growth rate by 2025?
Who are the key players in this market?
What are the strategies adopted by key players?
Table of Content

1 Introduction
1.1 Definition
1.2 Scope of the Study
1.3 Assumptions
1.4 Market Structure

2 Research Methodology
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model

3 Market Dynamics
3.1 Drivers
3.1.1 Advancement in Terms of Product Innovation & Technologies
3.1.2 Growth in the Demand for Industrial & Specialty Gases
3.2 Restraints
3.2.1 High Operational and Technological Cost
3.2.2 Availability of Skilled Labor
3.3 Opportunities
3.3.1 Growth for Industrial Gases Used

4 Market Factor Analysis
4.1 Porter's 5 Forces Analysis
4.1.1 Threat on New Entrants
4.1.2 Bargaining Power of Suppliers
4.1.3 Bargaining Power of Buyers
4.1.4 Threat of Substitutes
4.1.5 Threat of Rivals
4.2 Value Chain Analysis
4.2.1 Raw Material Supply
4.2.2 Manufacturing
4.2.3 Distribution
4.2.4 End Use
4.2.5 After-sales Services

Continued...........

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)

Continued.........

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)
Figure 8 Global Air Separation Plant Market, by Application, 2014-2022 (Usd Million)

Continued........

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