Press release
Air Separation Plant Market is Forecasted to Reach US$ 7.64 Billion in 2030, Says Stratview Research
Stratview Research, a global market research firm has launched a report on the global air separation plant market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
Click here to get a free sample of the report:
https://stratviewresearch.com/Request-Sample/3625/air-separation-plant-market.html#form
Report Highlights:
Market Size in 2030: US$ 7.64 billion
Growth (CAGR): 4.63% during 2025-2030
Forecast Period: 2025-2030
Trend Period: 2019-2023
Base Year: 2024
Number of Segments Covered: 4
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20
Segment Insights on the Air Separation Plant Market:
The global air separation plant market is segmented based on process type, gas type, end-use industry type, and region.
Based on process type - The air separation plant market is segmented into cryogenic and non-cryogenic. Cryogenic is estimated to be the fastest-growing segment during the forecast period. Industrial gases like oxygen, nitrogen, and argon can be produced on a massive scale by using cryogenic air separation. The cryogenic technique makes it possible to separate and purify air components effectively, ensuring a steady supply of gases in large numbers. Cryogenic air separation technology has advanced recently, increasing energy effectiveness, better process control, and purer-generated gases. These technological developments increase the appeal of cryogenic air separation plants to industries, increasing demand.
Based on gas type - The market is segmented into nitrogen, oxygen, argon, and others. Nitrogen is a highly demanded industrial gas due to its adaptability and variety of uses, which ensures a continual demand for nitrogen output from air separation plants. The oil & gas sector uses nitrogen for purging, cleaning, and enhanced oil recovery (EOR) procedures. Additionally, nitrogen is used in gas blanketing to shield equipment from corrosion and stop the creation of explosive combinations.
Based on end-use industry type - The market is segmented into iron & steel, oil & gas, chemicals, healthcare, and others. The iron and steel industry routinely uses oxygen enrichment to increase combustion effectiveness and lower energy usage. Various steelmaking processes, including oxygen furnaces, oxygen converters, and ladle furnaces, all rely on oxygen. Air separation plants provide high-purity oxygen for use in various operations. The adoption of oxygen enrichment technologies drives the demand for air separation plants.
To know the most attractive segments, click here:
https://stratviewresearch.com/3625/air-separation-plant-market.html
Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that Asia-Pacific is the dominant region in the market. This growth outlook is majorly attributed to the following-
• Investments in air separation plants need to consider eco-friendly practices and technologies due to the region's growing emphasis on environmental sustainability and energy efficiency.
• Manufacturers of air separation plants in the area are investing in R&D to increase plant productivity, increase automation, and lower energy usage. These developments increase the appeal of air separation plants to industries, hence raising demand.
• North America is considered the fastest-growing region in the air separation plant market due to the high manufacturing and distribution of high-purity oxygen, cylinder filling plants, and different gas generators for medical, industrial, and other applications in the region.
Air Separation Plant Market Drivers:
Some of the key drivers listed in the report are given below.
• The rise in the uptake of alternate energy sources such as coal-to-liquid and coal-to-chemicals plants, large-scale gasification plants, and oxygen-based gas-to-liquid acts as one of the major factors driving the growth of the air separation plant market.
• Air separation plants primarily produce industrial gases such as oxygen, nitrogen, and argon, which have a wide range of applications in various industries.
• The presence of a significant demand for these gases, either locally or regionally, acts as a driver for the establishment and operation of air separation plants.
Top Companies in the Air Separation Plant Market:
Stratview Research has identified the following companies as the top market players.
• Linde Plc
• Air Liquide SA
• Taiyo Nippon Sanso Corporation
• Messer Group GmbH
• Daesung Industrial Co., Ltd.
• Air Water Inc.
• Enerflex Ltd.
• Yingde Gases Group Ltd.
• Inox Air Products Private Limited
What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Air Separation Plant Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?
For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com
Related Reports:
• Clean Room Air Filter Market: https://stratviewresearch.com/1982/Clean-Room-Air-Filter-Market.html
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About Us:
Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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