The global air separation unit market is likely to register a CAGR of over 4.5% with an incremental growth of USD 1.5 billion during the forecast period 2022-2028.
This industry report offers market estimates of the global market, followed by a detailed analysis of the gas type, end user, and region. The global market data on air separation unit can be segmented by gas type: argon, nitrogen, oxygen, others. The nitrogen segment held the largest share of the global air separation unit market in 2021 and is anticipated to hold its share during the forecast period. Air separation unit market is further segmented by end user: chemicals, iron and steel, oil and gas, others. Globally, the iron and steel segment made up the largest share of the air separation unit market. Based on region, the air separation unit market is segmented into: North America, Europe, Asia-Pacific, Rest of the World (RoW). Asia-Pacific was the largest contributor to the global air separation unit market in 2021.
The global air separation unit market is highly competitive. As of 2021, the major players in the global air separation unit market were Air Liquide SA, Air Products and Chemicals Inc., CRYOTEC Anlagenbau GmbH, Enerflex Ltd., Linde plc, Messer Group GmbH, Nippon Sanso Holdings Corporation (NSHD), NOVAIR SAS, PJSC Cryogenmash, SIAD Macchine Impianti S.p.A., Sichuan Air Separation Plant Group Co. Ltd., Technex Ltd., Universal Industrial Gases Inc., Yingde Gases Group Company Limited.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.
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| REPORT ATTRIBUTE | DETAILS |
|---|---|
| Base Year | 2021 |
| Forecast Year | 2022-2028 |
| CAGR (2022-2028) | 4.5% |
| Pages | 22 |
| Key Players | Air Liquide SA, Air Products and Chemicals Inc., CRYOTEC Anlagenbau GmbH, Enerflex Ltd., Linde plc, Messer Group GmbH, Nippon Sanso Holdings Corporation (NSHD), NOVAIR SAS, PJSC Cryogenmash, SIAD Macchine Impianti S.p.A., Sichuan Air Separation Plant Group Co. Ltd., Technex Ltd., Universal Industrial Gases Inc., Yingde Gases Group Company Limited |
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