Air Separation Plant Market worth 7.27 Billion USD by 2026

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MarketsandMarkets Presents
Air Separation Plant Market by Process, Gas, End
User Region - Global Forecast to 2026

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Air Separation Plant Market worth 7.27 Billion
USD by 2026
The report "Air Separation Plant Market by
Process (Cryogenic, Non-Cryogenic), Gas
(Nitrogen, Oxygen, Argon), End User (Iron
Steel, Oil Gas, Chemical, Healthcare), Region -
Global Forecast to 2026", The global air
separation plant market is projected to reach USD
7.27 Billion by 2026, at a CAGR of 5.3 from 2016
to 2026.
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Air Separation Plant Market worth 7.27 Billion
USD by 2026
Browse gtgt 86 data tables
45 figures
148 pages and in-depth TOC on Air Separation
Plant Market Early buyers will receive 10
customization on this report. This is a
Premium Report Priced at US 5650 for single
user. The global air separation plant market is
driven by the strong growth in the demand for
industrial and specialty gases across various
end-use sectors, especially iron steel,
healthcare, oil gas, and energy. Advancements
in terms of product innovations and technologies
in the market are also expected to create strong
investment opportunities for global players. The
high cost of gas processing is a major challenge,
whereas fluctuating demand patterns and
advancements of alternative technologies are
expected to be the burning issues for the
market. Report Price - Single User License US
5650 Corporate User License US 8150
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Air Separation Plant Market worth 7.27 Billion
USD by 2026
Iron steel is the largest end user segment of
the global air separation plant market Based on
end users, the air separation plant market has
been segmented into iron steel, oil gas,
chemical, healthcare, and others. The iron
steel segment accounted for the largest share of
the air separation plant market in 2015 however,
the oil gas segment is projected to be the
fastest-growing segment from 2016 to 2021. Air
separation plants have various applications in
the oil gas industry, including oil recovery,
leak testing, and so on.
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Air Separation Plant Market worth 7.27 Billion
USD by 2026
Cryogenic process was the largest process
segment of the air separation plant market Based
on process, the air separation plant market has
been segmented into cryogenic and non-cryogenic.
Cryogenic process is the most common air
separation process and is projected to grow at
the highest CAGR during the forecast period.
Cryogenic air separation processes are used in
medium to large scale plants to produce nitrogen,
oxygen, argon, and other atmospheric gases in
liquid or gaseous form.
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Air Separation Plant Market worth 7.27 Billion
USD by 2026
The Asia-Pacific region was the largest market
for air separation plants in 2015 Asia-Pacific
was the largest market for air separation plants
in 2015, owing to the increase in demand for the
air separation plants in this region. The growth
in the Asia-Pacific region can be attributed to
the growth of the metal fabrication and
electronic industries in countries such as Japan,
China, and India.
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Air Separation Plant Market worth 7.27 Billion
USD by 2026
Key Players - The key players operational in the
air separation plant market include Air Liquide
S.A. (France), Linde AG (Germany), Praxair, Inc.
(U.S.), Air Products and Chemicals, Inc. (U.S.),
Taiyo Nippon Sanso Corporation (Japan), Messer
Group GmbH (Germany), Universal Industrial Gases
(U.S.), Enerflex Ltd. (Canada), and Technex Ltd.
(Ukraine), among others. Purchase a Copy of
this Report Today !
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