Air Separation Plant Market 2021 Competitive Analysis: Linde Plc (UK), Air Liquide SA (France), Air Products and Chemicals, Inc. (US), Taiyo Nippon Sanso Corporation (Japan)

Air Separation Plant Market report brings together a meticulous study of the present and upcoming opportunities to elucidate the future investment in the industry. This report introduces a top to bottom evaluation of the industry including empowering technologies, key trends, market drivers, challenges, standardization, regulatory landscape, opportunities, future guide, value chain, ecosystem player profiles, and strategies. This report is a valuable source of assistance for companies and individuals that offers industry chain structure, business strategies, and proposals for new project investments. The credible Air Separation Plant Market report also analyses various inhibitors as well as motivators of the market in both quantitative and qualitative manners to make available accurate information to the end-users.

Air Separation Plant Market by Process (Cryogenic, Non-cryogenic), Gas (Nitrogen, Oxygen, Argon, Others), End-Use Industry (Iron & Steel, Oil & Gas, Chemical, Healthcare, Others) and Region - Global Forecast to 2026 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. The global market for air separation plants is driven by strong growth in demand, especially from the iron & steel, oil & gas, chemical, healthcare, and other end-use industries.

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Top Leading Players:

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), are among the key players leading the market through their innovative offerings, enhanced production capacities, and efficient distribution channels. Other noteworthy players included in this report are INOX Air Products Private Limited (India), Hangzhou Hangyang Co., Ltd. (China), Universal Industrial Gases, Inc. (US), Nikkiso Cosmodyne, LLC. (US), and SIAD Macchine Impianti S.p.A. (Italy).

“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. 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.

“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. Countries such as China, the US, Japan, Russia, Italy, Germany, India and Brazil lead in the production and consumption of steel.

“Asia Pacific is projected to lead the air separation plant market during the forecast period.”

Market growth in the Asia Pacific region can be attributed to the increasing metal production, fabrication, and consumption in countries such as Japan, China, and India. The Asia Pacific region accounts for the highest production and consumption of steel in the world, along with one of the highest oil refining capacities. It is also the manufacturing hub of the world, with abundant heavy machinery and equipment manufacturing companies.

The break-up of profiles of primary participants for the report has been given below:

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%,

Research Coverage

This report defines, segments, and projects the air separation plant market based on process, gas, end-use industry, and region. It strategically profiles key market players and comprehensively analyzes the ranking of leading players in the market. It also tracks and analyzes competitive developments such as agreements, acquisitions, contracts, investments, and new product launches in the market.

Reasons to Buy the 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. The report is expected to help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.

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Table Of Contents

1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Inclusions & Exclusions
Table 1 Air Separation Plant Market, By Region: Inclusions & Exclusions
Table 2 Air Separation Plant Market, By Gas: Inclusions & Exclusions
Table 3 Air Separation Plant Market, By Process: Inclusions & Exclusions
Table 4 Air Separation Plant Market, By End-Use Industry: Inclusions & Exclusions
1.4 Market Scope
1.4.1 Air Separation Plant Market Segmentation
Figure 1 Air Separation Plant Market: Segmentation
1.4.2 Years Considered For The Study
1.5 Currency
1.6 Limitations
1.7 Stakeholders
1.8 Summary Of Changes

2 Research Methodology
2.1 Research Data
Figure 2 Air Separation Plant Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 List Of Participating Companies For Primary Research
2.1.2.3 Key Industry Insights
2.1.2.4 Breakdown Of Primary Interviews
2.2 Base Number Calculation
2.2.1 Supply-Side Approach
2.2.2 Demand-Side Approach
2.3 Market Size Estimation
2.3.1 Market Size Estimation Methodology: Bottom-Up Approach
2.3.2 Market Size Estimation Methodology: Top-Down Approach
2.4 Data Triangulation
Figure 3 Data Triangulation Method
2.5 Assumptions
2.6 Risk Assessment

3 Executive Summary
Table 5 Air Separation Plant Market Snapshot, 2021 & 2026
Figure 4 Cryogenic Process Accounted For Largest Share Of Air Separation Plant Market In 2020
Figure 5 Nitrogen Segment Dominated Air Separation Plant Market In 2020
Figure 6 Iron & Steel Commanded Major Share Of Air Separation Plant Market In 2020
Figure 7 Asia Pacific To Be Fastest-Growing Market For Air Separation Plants From 2021 To 2026

4 Premium Insights
4.1 Attractive Opportunities In Global Air Separation Plant Market
Figure 8 Need For Industrial Gases And Medical Oxygen Drive Growth Of This Market
4.2 Air Separation Plant Market, By Gas
Figure 9 Nitrogen Segment Projected To Grow Fastest From 2021 To 2026
4.3 Asia Pacific Air Separation Plant Market, By End-Use Industry And Country
Figure 10 China Estimated To Be Largest Air Separation Plant Market In 2021
4.4 Air Separation Plant Market, Major Countries
Figure 11 Asia Pacific Offers Lucrative Growth Opportunities During Forecast Period

5 Market Overview
5.1 Introduction
Figure 12 Gas Supply Modes
5.2 Market Segmentation
Table 6 Air Separation Plant Market, By Process
Table 7 Air Separation Plant Market, By Gas
Table 8 Air Separation Plant Market, By End-Use Industry
5.3 Market Dynamics
Figure 13 Air Separation Plant Market Dynamics
5.3.1 Drivers
5.3.1.1 Growing Demand For Industrial Gases From Dynamic Manufacturing Sectors
Figure 14 Global Steel Production, 2015–2020
Figure 15 Global Users Of Consumer Electronic Products, 2016–2021
5.3.1.2 Increased Demand For Medical Oxygen Due To Covid-19
5.3.2 Restraints
5.3.2.1 High Costs Associated With Fabrication, Component Assembly, And Operations
5.3.3 Opportunities
5.3.3.1 Demand For Industrial Oxygen In The African Region Due To Covid-19
5.3.3.2 Emerging Applications In Glass, Gasification, And Gas-To-Liquid Industries
5.3.4 Challenges
5.3.4.1 Development Of Affordable As Well As Effective Technologies
5.3.4.2 Hazards Associated With Cryogenic Air Separation Technology
5.4 Porter’s Five Forces Analysis
Figure 16 Porter’s Five Forces Analysis: Air Separation Plant Market
Table 9 Porter’s Five Forces Analysis: Air Separation Plant Market
5.4.1 Threat Of New Entrants
5.4.2 Threat Of Substitutes
5.4.3 Bargaining Power Of Suppliers
5.4.4 Bargaining Power Of Buyers
5.4.5 Intensity Of Competitive Rivalry
5.5 Supply Chain Analysis
Figure 17 Supply Chain Analysis Of Air Separation Plant Market
Table 10 Companies Involved In Supply Chain Of Air Separation Plant Market
5.6 Value Chain Analysis
Figure 18 Value Chain Analysis: Maximum Value Added During Manufacturing Process
5.6.1 Prominent Companies
5.6.2 Small & Medium Enterprises
5.7 Case Study Analysis
5.7.1 Industrial
5.7.1.1 Hangzhou Hangyang Co., Ltd. Signed Agreement With Zhongxin Nenghua Technology Co., Ltd. To Design & Procure Coal-To-Gas Deep Cryogenic Separation Device For Coal-To-Gas Separation
5.7.1.2 Linde Plc Signed Agreement With Borsodchem Zrt. For The Supply Of Nitrogen, Oxygen, And Compressed Air
5.7.1.3 Air Products And Chemicals, Inc. Announced Agreement To Construct Coal-To-Methanol Production Facility In Indonesia For Bakrie Group And Pt. Ithaca Resource
5.7.2 Chemical
5.7.2.1 Air Liquide Announced Agreement With Eastman Chemical Company To Provide Gaseous Oxygen, Nitrogen, And Syngas, Supporting Eastman’s Growth And Production In Us
5.7.2.2 Air Products And Chemicals, Inc. Announced Buy-Back Of Two Air Separation Units And Long-Term Gas Supply To Shanxi Jinmei Huayu Coal Chemical Co., Ltd.
5.7.3 Food & Beverages
5.7.3.1 Linde Plc Announced Agreement To Supply Nitrogen And Oxygen To Meglobal’s New Ethylene Glycol (Eg) Plant In Texas
5.7.4 Glass & Ceramics
5.7.4.1 Messer Group Gmbh Announced Investment To Construct Air Separation Unit For Saint-Gobain Isover Ag
5.7.5 Electronics & Semiconductor
5.7.5.1 Linde Plc Announced Agreement With Major Electronics Company In Taiwan For Provision Of High Purity Nitrogen, Oxygen, And Argon On-Site Plants
5.7.5.2 Linde Plc Announced The Start-Up Of New Spectra High Purity Nitrogen Generator For Leading Semiconductor Manufacturer In China
5.7.5.3 Linde Plc Announced The Start-Up Of New Air Separation Unit To Supply 700 Tpd Of Gaseous Nitrogen To Support Samsung In South Korea
5.7.5.4 Air Products And Chemicals, Inc. Announced Start-Up Of Its First Cryogenic Nitrogen Separation Plant In Malaysia For Electrical And Electronics Industry
5.7.6 Healthcare
5.7.6.1 Air Liquide China, Air Liquide Sa’s Subsidiary, Will Invest Around Usd 70 Million To Build Air Separation Unit (Asu) In China To Cater To Increasing Demand From Hospitals
5.8 Trends/Disruptions Impacting Customer’s Business
Figure 19 Revenue Shift & New Revenue Pockets For Air Separation Plant Manufacturers
5.9 Ecosystem For Air Separation Plant Market
Figure 20 Ecosystem Market Map For Air Separation Plant Market
5.10 Patent Analysis
5.10.1 Introduction
Figure 21 Publication Trends (2011–2020)
5.10.2 Insights
Figure 22 Trend Analysis
5.10.3 Top Assignees
5.11 Technology Analysis
5.11.1 Basic Air Separation Plant Components
5.11.1.1 Main Air Compressor (Mac)
5.11.1.2 Prepurifier Unit (Ppu)
5.11.1.3 Cold Box
5.11.1.4 Expander
5.11.2 Cryogenic Distillation
5.11.3 Pressure Swing Adsorption
5.11.4 Membrane Separation
5.12 Import & Export Trade Analysis
Figure 23 Global Trade Routes For Air Separation Plants
5.13 Regulatory Landscape
Table 11 Standard Design Recommendations For Equipment Used In Cryogenic Processes
5.14 Macroeconomic Indicators
5.14.1 Electronics Industry
Figure 24 Production By Global Electronics And It Industries (Usd Million)
5.14.2 Healthcare Industry
Figure 25 Healthcare Spending, 2019
5.14.3 Manufacturing Industry
Figure 26 Annual Growth Rate Of World Manufacturing Output
5.14.4 Oil & Gas Industry
Table 12 Global Oil & Gas Prices, Usd/Bbl (2016–2020)
Figure 27 Global Oil Demand Growth (2016–2021)

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