Air Separation Plant Market 2021-2026: Linde Plc, Air Liquide SA, Air Products and Chemicals, Inc, Taiyo Nippon Sanso Corporation, Messer Group GmbH, Daesung Industrial Co., Ltd, Air Water Inc and more.

Global Air Separation Plant Market 2021-2026, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. An exclusive data offered in this report is collected by research and industry experts team.

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The global market for air separation plants was valued at USD 4.5 billion in 2021 and is projected to reach USD 5.9 billion by 2026, at a CAGR of 4.9% between 2021 and 2026.

Top Key Players Profiled in the Air Separation Plant Market:
• Linde Plc (UK)
• Air Liquide SA (France)
• Air Products and Chemicals Inc. (US)
• Taiyo Nippon Sanso Corporation (Japan)
• Messer Group GmbH (Germany)
• Daesung Industrial Co. Ltd. (South Korea)
• Air Water Inc. (Japan)
• Enerflex Ltd. (Canada)
• Yingde Gases Group Co. Ltd. (Hong Kong)

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“Cryogenic process is the largest segment of the global air separation plant market, by process.”
Cryogenic technology was commercialized in 1902 and has since been used extensively by companies across multiple industries that require gases such as nitrogen, oxygen, and others. Being the oldest air separation technology available, it has evolved considerably over the years, resulting in improved efficiency and high purity of yield gases. The growing demand for fabricated metals and alloys across the globe, the increasing dependency on pure gases for enhancing metal properties, and rapid industrialization are expected to drive the air separation plant market during the next five years.

“Nitrogen is the largest segment of the air separation plant market, by gas.”
Cryogenic technology was commercialized in 1902 and has since been used extensively by companies across multiple industries that require gases such as nitrogen, oxygen, and others. Being the oldest air separation technology available, it has evolved considerably over the years, resulting in improved efficiency and high purity of yield gases.

“Iron & Steel is the largest segment of the air separation plant market, by end-use industry.”
Iron & steel are used in cars, appliances, roads, bridges, ships, airplanes, and in engineering and construction applications. Hence, with the development and growth of any country, the production and consumption of iron & steel increase proportionately.

Breakdown of primary participants’ profile:
• By Company Type: Tier 1—55%, Tier 2—30%, and Tier 3—15%
• By Designation: C Level—21%, D Level—23%, and Others—56%
• By Region: Asia Pacific—15%, North America—45%, Europe—27%, Middle East & Africa—7% & South America—6%,

Reason to access this report:
This report is expected to help market leaders/new entrants in this market by providing them the closest approximations of revenues of the air separation plant market and its sub segments. This report is also expected to help stakeholders obtain an improved understanding of the competitive landscape, gain insights to enhance the position of their businesses, and enable them to make suitable go-to-market strategies.

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