Press release
Cryogenic Air Separation Equipment Market: Revenue Share, Insights & Future Outlook
What is Driving the Growth of the Global Cryogenic Air Separation Equipment Market?The global market for Cryogenic Air Separation Equipment was estimated to be worth US$ 4228 million in 2023 and is forecast to reach a readjusted size of US$ 6024.6 million by 2030, growing at a CAGR of 5.2% during the forecast period 2024-2030.
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Which Regional Markets Are Leading the Cryogenic Air Separation Equipment Industry?
• North America: The North American market for Cryogenic Air Separation Equipment was valued at $ million in 2023 and will reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
• Asia-Pacific: The Asia-Pacific market was valued at $ million in 2023 and is projected to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
• Europe: The European market was valued at $ million in 2023 and will reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Who Are the Key Players in the Cryogenic Air Separation Equipment Market?
The global key companies of Cryogenic Air Separation Equipment include:
• Linde: Specializes in industrial gas and cryogenic equipment solutions worldwide.
• Air Liquide: Provides advanced gas separation and purification technologies.
• Praxair: Focused on industrial gases and air separation systems.
• Air Products: Offers innovative cryogenic and gas solutions globally.
• Taiyo Nippon Sanso: Known for high-quality air separation and gas equipment.
• Hangyang Group: Develops specialized industrial gas and separation systems.
• Sichuan Air Separation: Provides efficient cryogenic air separation equipment.
• HNEC: Delivers customized air separation solutions for industries.
• Messer: Focused on industrial and specialty gas technologies.
In 2023, the global five largest players hold approximately % share in terms of revenue.
Segment Analysis:
• By Type:
• Membrane
• Pressure Swing Adsorption (PSA)
• Others
• By Application:
• Chemical Industry
• Metallurgy Industry
By Company:
Linde, Air Liquide, Praxair, Air Products, Taiyo Nippon Sanso, Hangyang Group, Sichuan Air Separation, HNEC, Messer, JSC Cryogenmash, AMCS, Gas Engineering LLC, Air Water
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