Air Separation Plant Market by Process, Gas, End User, Region – Global Forecast to 2026

“The global air separation plant market is projected to grow at a CAGR of 5.3% from 2016 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. The major market is the growing demand for industrial gases with high purity level from key end-use industries. The growth is also driven by the stringent safety and environmental regulations, growing demand from healthcare sector, increased demand for photovoltaic products and plasma display channels, and growing industrial development activities in MEA. The market for air separation plants is expanding at a good pace; however, it still faces some restraints.

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“The Final Report will cover the impact analysis of COVID-19 on this industry (Air Separation Plant Market by Process, Gas, End User, Region – Global Forecast to 2026)

High energy consumption, sensitivity to environmental conditions, improper component selection, poor maintenance, high cost, and difficulty in fabrication are some of the major problems in some plants.

“Cryogenic is the fastest-growing process segment in the global air separation plant market”
The cryogenic segment accounted for the largest share of the global air separation plant market in 2015, and is projected to grow at the highest CAGR from 2016 to 2026. The major driver for the growth of this segment is the growing demand for industrial gases with high purity level from key end-use industries.

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“The Final Report will cover the impact analysis of COVID-19 on this industry (Air Separation Plant Market by Process, Gas, End User, Region – Global Forecast to 2026)

“Asia-Pacific led the global air separation plant market in 2015”
The Asia-Pacific region accounted for the largest share of the global air separation plant market in 2015. The air separation plant market in Asia-Pacific is projected to grow at the highest CAGR in the coming years. The growth of this regional market can be attributed to the increased demand for air separation plants from the iron & steel, oil & gas, and chemical end-user segments in the region.
Profile break-up of primary participants for the report:
• By Company Type: Tier 1 – 55 %, Tier 2 – 20%, Tier 3 – 25%
• By Designation: C level – 75%, Manager level – 25%
• By Region: North America – 10%, Europe – 20%, Asia-Pacific – 30%, Middle East & Africa – 20%, South America – 20%

Furthermore, as a part of qualitative analysis, the research provides a comprehensive review of major market drivers, restraints, opportunities, and challenges. Key players have been profiled in the study, including 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. (Kiev), among others.
Research Coverage:
In this report, the air separation plant market has been segmented based on process, gas, end user, and region. The market is segmented into six regions, namely, Asia-Pacific, North America, Europe, Middle East, South America, and Africa. It provides detailed information regarding key factors influencing the growth of the market, such as drivers, restraints, opportunities, and industry-specific challenges.

Reasons to buy the report:
From an insight perspective, this research report has focused on various levels of analysis—industry analysis (industry trends), market share analysis of top players, and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the air separation plant market; high-growth regions; and market drivers, restraints, and opportunities.

The report provides insights on the following pointers:
• Market Penetration: Comprehensive information on air separation plants offered by the top players in the global air separation plant market

• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the market

• Market Development: Comprehensive information about lucrative emerging markets – the report analyzes the markets for air separation plants across regions

• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the market

• Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global air separation plant market

TABLE OF CONTENTS

1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION 15
1.3 STUDY SCOPE 16
1.3.1 MARKETS COVERED 16
1.3.2 YEARS CONSIDERED FOR THE STUDY 17
1.4 CURRENCY 17
1.5 LIMITATIONS 17
1.6 STAKEHOLDERS 17
2 RESEARCH METHODOLOGY 18
2.1 RESEARCH DATA 18
2.1.1 KEY DATA FROM SECONDARY SOURCES 19
2.1.2 KEY DATA FROM PRIMARY SOURCES 20
2.1.2.1 Key industry insights 21
2.2 MARKET SIZE ESTIMATION 22
2.3 DATA TRIANGULATION 24
2.4 RESEARCH ASSUMPTIONS 25
3 EXECUTIVE SUMMARY 26
3.1 AIR SEPARATION PLANT MARKET: DRIVING FACTORS 27
3.2 AIR SEPARATION PLANT MARKET, BY PROCESS, 2016 VS. 2021 27
3.3 AIR SEPARATION PLANT MARKET, BY END USER, 2016 VS. 2021 28
3.4 AIR SEPARATION PLANT MARKET, BY GAS, 2016 VS. 2021 29
3.5 AIR SEPARATION PLANT MARKET, BY REGION 30

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