Air Separation Plant Market Analysis Forecast 2023-2028 Global Industry Demand, Sales, Growth by Key Players - Linde Plc (UK), Air Liquide SA (France), Air Products and Chemicals, Inc. (US), Taiyo Nippon Sanso Corporation (Japan)

The air separation plant market refers to the industry involved in the manufacturing and operation of air separation plants. Air separation plants are industrial facilities used to separate atmospheric air into its primary components, namely nitrogen, oxygen, and other gases.

These plants are vital in various industries that require large volumes of industrial gases, such as steel production, oil and gas, chemical manufacturing, healthcare, and electronics. The primary method used in air separation plants is cryogenic distillation, which involves cooling the air to extremely low temperatures and then selectively separating the different components based on their boiling points.

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"Increasing demand for industrial gases is expected to drive the air separation plant market."

The air separation plant market is projected to grow from USD 5.4 billion in 2023 to USD 6.8 billion by 2028, at a CAGR of 4.6% from 2023 to 2028.Industries are being forced to invest in dependable and effective air separation systems by stringent government laws and safety standards connected to the use of industrial gases.

The air separation plant report is dominated by players such as 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), Inox Air Products Private Limited (India), Hangzhou Hangyang Co., Ltd. (China), Universal Industrial Gases, Inc. (US), Nikkiso Cosmodyne, LLC. (US) and others.

Research Coverage:

The report defines, segments, and projects the air separation plant market size based on process, gas, end-use industry, and region. It strategically profiles the key players and comprehensively analyzes their market share and core competencies. It also tracks and analyzes competitive developments, such as acquisitions, agreements, contracts, divestment, expansion, investment, joint venture, mergers, and new product development undertaken by them in the market.

Reasons to Buy the Report:
The report provides insights on the following pointers:

Analysis of key drivers (growing demand for industrial gases from the dynamic manufacturing sector), restraints (high cost associated with fabrications, component assembly, and operations), opportunities (emerging application from glass, gasification, and gas to liquid industries), and challenges (development of affordable as well as effective technologies) influencing the growth of the air separation plant market.

Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities in the air separation plant market.

Market Development: Comprehensive information about lucrative markets - the report analyses the air separation plant market across varied regions.

Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the air separation plant market.

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Table of Contents

1 Introduction 35
1.1 Study Objectives 35
1.2 Market Definition 35
1.3 Inclusions & Exclusions 36
Table 1 Air Separation Plant Market, By Region: Inclusions & Exclusions 36
Table 2 Air Separation Plant Market, By Gas: Inclusions & Exclusions 37
Table 3 Air Separation Plant Market, By Process: Inclusions & Exclusions 37
Table 4 Air Separation Plant Market, By End-Use Industry: Inclusions & Exclusions 37
1.4 Market Scope 38
1.4.1 Air Separation Plant Market Segmentation 38
Figure 1 Air Separation Plant Market: Segmentation 38
1.4.2 Years Considered For The Study 38
1.5 Currency 39
1.6 Limitations 39
1.7 Stakeholders 39
1.8 Summary Of Changes 40

2 Research Methodology 41
2.1 Research Data 41
Figure 2 Air Separation Plant Market: Research Design 41
2.1.1 Secondary Data 42
2.1.1.1 Key Data From Secondary Sources 42
2.1.2 Primary Data 43
2.1.2.1 Key Data From Primary Sources 43
2.1.2.2 Companies Participating In Primary Research 43
2.1.2.3 Key Industry Insights 44
2.1.2.4 Breakdown Of Primary Interviews 44
2.2 Base Number Calculation 45
2.2.1 Supply-Side Approach 45
2.2.2 Demand-Side Approach 46
2.3 Market Size Estimation 46
2.3.1 Market Size Estimation Methodology: Bottom-Up Approach 47
2.3.2 Market Size Estimation Methodology: Top-Down Approach 47
2.4 Recession Impact 48
2.5 Data Triangulation 48
Figure 3 Data Triangulation Method 48
2.6 Assumptions 49
2.7 Risk Assessment 50

3 Executive Summary 51
Table 5 Air Separation Plant Market Snapshot, 2023 & 2028 52
Figure 4 Cryogenic Segment Accounted For Largest Share Of Airseparation Plant Market In 2022 52
Figure 5 Nitrogen Segment Dominated Air Separation Plant Market In 2022 53
Figure 6 Iron & Steel End-Use Industry Commanded Major Share Of Air Separation Plant Market In 2022 54
Figure 7 Asia Pacific To Record Highest Growth In Air Separationplant Market From 2023 To 2028 55

4 Premium Insights 56
4.1 Attractive Opportunities For Players In Global Air Separation Plant Market 56
Figure 8 Need For Industrial Gases And Medical Oxygen To Drive Market Growth 56
4.2 Asia Pacific Air Separation Plant Market,By End-Use Industry And Country 57

and More…

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