Dublin, Feb. 02, 2023 (GLOBE NEWSWIRE) -- The "Air Separation Plants - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Air Separation Plants estimated at US$4.4 Billion in the year 2022, is projected to reach a revised size of US$6.2 Billion by 2030, growing at a CAGR of 4.4% over the analysis period 2022-2030.
Cryogenic, one of the segments analyzed in the report, is projected to record 4.7% CAGR and reach US$4.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Non-Cryogenic segment is readjusted to a revised 3.8% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 7.4% CAGR
The Air Separation Plants market in the U.S. is estimated at US$1.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.3 Billion by the year 2030 trailing a CAGR of 7.4% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.3% and 3.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.9% CAGR.
Select Competitors (Total 41 Featured) -
- Air Liquide SA
- Air Products and Chemicals, Inc.
- Enerflex Ltd.
- Linde AG
- Messer Group GmbH
- Praxair, Inc.
- Taiyo Nippon Sanso Corporation
- Technex Ltd.
- Universal Industrial Gases, Inc.
- Yingde Gases Group Co., Ltd.
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
| Report Attribute | Details |
| No. of Pages | 244 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $4.4 Billion |
| Forecasted Market Value (USD) by 2030 | $6.2 Billion |
| Compound Annual Growth Rate | 4.4% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Air Separation Plant: A Prelude
- Air Separation Plants - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Iron & Steel Industry: The Largest End-Use Sector for Air Separation Plant Market
- Global Crude Steel Production in Million Tonnes for the Years 2007 through 2018
- Global Crude Steel Production in Million Tonnes by Leading Countries for the Years 2017 and 2018
- Cryogenic Air Separation Plant Finds Increasing Application in Oil & Gas Industry: A Business Case for the Market
- Global Crude Oil Production in Million Tonnes for the Years 2010 through 2018
- Global Natural Gas Production in Million Tonnes for the Years 2010 through 2018
- Rise in Demand for Gases in Chemical Industry Favors Market Growth
- Global Specialty Chemicals Market: Revenues in US$ Billion for the Years 2016, 2018, 2020 and 2022
- Growing Demand for Oxygen Plants in Medical Sector Augurs Well for Air Separation Plant Market
- Global Medical Gases Market: Revenues in US$ Million by Region for the Years 2019 and 2024
- Surge in Demand for Plasma Display Channels and Photovoltaic Products Offer Better Prospects for Market Growth
- Global Photovoltaics Market: Revenues in US$ Billion for the Years 2016, 2018, 2020, 2022 and 2024
- Stringent Safety and Environmental Regulations in the Industrial Sector Boosts Demand for Air Separation Plant
- Growth Prospects in Industrial Sector Boosts Demand for Air Separation Plant in Middle East & Africa
- Percentage of GDP in Middle East and North Africa by Select Countries for the Years 2016 through 2020
- Increasing Demand in Developing Countries such as India and China Augurs Well for Air Separation Plant Market
- Innovations and Advancements
- Product Overview
- Air Separation Plant: An Insight
- Air Separation Plant by Process
- Cryogenic
- Non-Cryogenic
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/j4hu5e-separation?w=12
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