Global Air Separation Unit Market Report 2024

Air Separation Unit Global Market Report 2024 – By Process (Cryogenic, Non-Cryogenic), By Gas (Nitrogen, Oxygen, Argon, Other Gases), By End Use (Iron And Steel, Oil And Gas, Healthcare, Chemicals, Other End Uses) – Market Size, Trends, And Global Forecast 2024-2033

Air Separation Unit Global Market Report 2024

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Air Separation Unit Market Definition

An air separation unit (ASU) is a facility used to separate atmospheric air into its primary components, typically nitrogen, oxygen, and argon. These units operate by cooling the air to extremely low temperatures through a process called cryogenic distillation or by using non-cryogenic processes such as pressure swing adsorption (PSA) or membrane separation.

The main air separation unit includes cryogenic and non-cryogenic. Cryogenics is a process that involves treating materials at extremely low temperatures to enhance their mechanical properties and reduce residual stresses, improving durability and performance. It is used for various gases such as nitrogen, oxygen, argon, and others, as well as for several other uses, including iron and steel, oil and gas, healthcare, chemicals, and others.

Air Separation Unit Market Segmentation

The air separation unit market covered in this report is segmented –

1) By Process: Cryogenic, Non-Cryogenic

2) By Gas: Nitrogen, Oxygen, Argon, Other Gases

3) By End Use: Iron And Steel, Oil And Gas, Healthcare, Chemicals, Other End Uses

Global Air Separation Unit Market Size 2023 to 2028: Graph

Air Separation Unit Market Size 2024 And Growth Rate

The air separation unit market size has grown strongly in recent years. It will grow from $5.29 billion in 2023 to $5.59 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to growth in the production of metals, expansion of chemical manufacturing, rise in chemical production, rise in industrialization and urbanization, and rise in government investments and policies.

Air Separation Unit Market Growth Forecast

The air separation unit market size is expected to see strong growth in the next few years. It will grow to $7.02 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to expanding industrial sectors, rising demand for industrial gases, growing energy sector, rising demand for medical oxygen in healthcare facilities, and growing use of nitrogen in food preservation and packaging. Major trends in the forecast period include advancements in energy-efficient technologies, integration of AI for process optimization, adoption of modular and compact designs, innovation in cryogenic air separation technology, enhanced safety features, and development of greener solutions to reduce carbon emissions.

Air Separation Unit Market Driver: Rising Energy Demand To Propel Growth In Air Separation Unit Market

The increase in energy demand is expected to propel the growth of the air separation unit market going forward. Energy demand is increasing due to global population growth, rising industrial activities, and greater consumption of energy-intensive technologies and appliances. Air separation units are crucial for fulfilling energy demands by providing essential gases such as oxygen and nitrogen for efficient combustion and process optimization in energy production and industrial applications. For instance, in April 2023, according to the Energy Information Administration, a US-based government agency, overall energy consumption in the United States will increase between 0% and 15% from 2022 to 2050. Specifically, energy use in the industrial sector is expected to grow by roughly 5% to 32% during this period. Therefore, the increase in energy demand is driving the growth of the air separation unit market.

Global Air Separation Unit Market Major Players

Major companies operating in the air separation unit market are Linde Plc, Air Liquide S.A., Parker Hannifin Corporation, Atlas Copco AB, Air Products and Chemicals Inc., Nippon Sanso Holdings Corporation, Messer Group GmbH, Matheson Tri-Gas Inc., Yingde Gases Group Co. Ltd., Enerflex Ltd., Gulf Cryo, Cryogenmash, SIAD Macchine Impianti S.p.A., Bhoruka Gases Limited, MVS Engineering Pvt. Ltd., Novair Industries AB, CRYOTEC Anlagenbau GmbH, AMCS Corporation, Ranch Cryogenics Inc., Buzwair Industrial Gases Factories, The Southern Gas Limited, Shanghai Chinllenge Gases Co. Ltd., Kaifeng Air Separation Group Company Limited, AMCS Corporation, Sichuan Air Separation Plant Group

Global Air Separation Unit Market Trend: Strategic Partnerships Drive Expansion In Air Separation Unit Market

Major companies operating in the air separation unit market are adopting a strategic partnership approach to make more argon, oxygen, and nitrogen available in markets in Eastern Europe. Strategic partnerships involve companies utilizing each other's strengths and resources to achieve shared goals and mutual success. For instance, in August 2023, SIAD Group, an Italy-based chemical group, partnered with SOL Group, an Italy-based chemical company, to form a joint venture called OXY Technical Gases in Croatia. This joint venture, in which SIAD holds a 60% share and SOL holds 40%, aims to increase the availability of nitrogen, oxygen, and argon in Eastern Europe, particularly in Croatia and neighboring countries. As part of the venture, OXY Technical Gases is investing $56.1 million to build an air separation unit (ASU) in Velika Gorica, Croatia, near Zagreb. This facility will enhance the supply of high-purity liquid oxygen, nitrogen, and argon produced at cryogenic temperatures, serving hospitals, industrial factories, and other customers throughout the region.

Air Separation Unit Market Merger And Acquisition: Honeywell Acquires Air Products And Chemicals Inc. To Strengthen Air Separation Unit Capabilities

In July 2024, Honeywell International Inc., a US-based industrial goods and machinery company, acquired Air Products and Chemicals Inc. for $1.81 billion. This acquisition aims to enhance Honeywell's energy transition solutions and expand its capabilities within the air separation unit market. Air Products and Chemicals Inc. is a US-based company that provide essential industrial gases, related equipment and applications.

Regional Insights For The Global Air Separation Unit Market

Asia-Pacific was the largest region in the air separation unit market in 2023 and it is expected to be the fastest-growing region in the forecast period. The regions covered in the air separation unit market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the air separation unit market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The air separation unit market includes revenues earned by entities by providing services such as design and engineering, installation, maintenance and support, optimization, and gas supply. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The air separation unit market research report is one of a series of new reports from The Business Research Company that provides air separation unit market statistics, including air separation unit industry global market size, regional shares, competitors with a air separation unit market share, detailed air separation unit market segments, market trends and opportunities, and any further data you may need to thrive in the air separation unit industry. This air separation unit market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Air Separation Unit Market Report Forecast Analysis
Report AttributeDetails
Market Size Value In 2024 $ 2.55 Billion
Revenue Forecast In 2033 $ 3.22 Billion
Growth Rate CAGR of 6.00% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Process: Cryogenic, Non-Cryogenic
2) By Gas: Nitrogen, Oxygen, Argon, Other Gases
3) By End Use: Iron And Steel, Oil And Gas, Healthcare, Chemicals, Other End Uses
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Linde Plc, Air Liquide S.A., Parker Hannifin Corporation, Atlas Copco AB, Air Products and Chemicals Inc., Nippon Sanso Holdings Corporation, Messer Group GmbH, Matheson Tri-Gas Inc., Yingde Gases Group Co. Ltd., Enerflex Ltd., Gulf Cryo, Cryogenmash, SIAD Macchine Impianti S.p.A., Bhoruka Gases Limited, MVS Engineering Pvt. Ltd., Novair Industries AB, CRYOTEC Anlagenbau GmbH, AMCS Corporation, Ranch Cryogenics Inc., Buzwair Industrial Gases Factories, The Southern Gas Limited, Shanghai Chinllenge Gases Co. Ltd., Kaifeng Air Separation Group Company Limited, AMCS Corporation, Sichuan Air Separation Plant Group
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Air Separation Unit Market Characteristics

    3. Air Separation Unit Market Trends And Strategies

    4. Air Separation Unit Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Air Separation Unit Market Size and Growth

    5.1. Global Air Separation Unit Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Air Separation Unit Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Air Separation Unit Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Air Separation Unit Market Segmentation

    6.1. Global Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Cryogenic

    Non-Cryogenic

    6.2. Global Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Nitrogen

    Oxygen

    Argon

    Other Gases

    6.3. Global Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Iron And Steel

    Oil And Gas

    Healthcare

    Chemicals

    Other End Uses

    7. Air Separation Unit Market Regional And Country Analysis

    7.1. Global Air Separation Unit Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Air Separation Unit Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Air Separation Unit Market

    8.1. Asia-Pacific Air Separation Unit Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Air Separation Unit Market

    9.1. China Air Separation Unit Market Overview

    9.2. China Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Air Separation Unit Market

    10.1. India Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Air Separation Unit Market

    11.1. Japan Air Separation Unit Market Overview

    11.2. Japan Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Air Separation Unit Market

    12.1. Australia Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Air Separation Unit Market

    13.1. Indonesia Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Air Separation Unit Market

    14.1. South Korea Air Separation Unit Market Overview

    14.2. South Korea Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Air Separation Unit Market

    15.1. Western Europe Air Separation Unit Market Overview

    15.2. Western Europe Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Air Separation Unit Market

    16.1. UK Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Air Separation Unit Market

    17.1. Germany Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Air Separation Unit Market

    18.1. France Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Air Separation Unit Market

    19.1. Italy Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Air Separation Unit Market

    20.1. Spain Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Air Separation Unit Market

    21.1. Eastern Europe Air Separation Unit Market Overview

    21.2. Eastern Europe Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Air Separation Unit Market

    22.1. Russia Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Air Separation Unit Market

    23.1. North America Air Separation Unit Market Overview

    23.2. North America Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Air Separation Unit Market

    24.1. USA Air Separation Unit Market Overview

    24.2. USA Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Air Separation Unit Market

    25.1. Canada Air Separation Unit Market Overview

    25.2. Canada Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Air Separation Unit Market

    26.1. South America Air Separation Unit Market Overview

    26.2. South America Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Air Separation Unit Market

    27.1. Brazil Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Air Separation Unit Market

    28.1. Middle East Air Separation Unit Market Overview

    28.2. Middle East Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Air Separation Unit Market

    29.1. Africa Air Separation Unit Market Overview

    29.2. Africa Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Air Separation Unit Market Competitive Landscape And Company Profiles

    30.1. Air Separation Unit Market Competitive Landscape

    30.2. Air Separation Unit Market Company Profiles

    30.2.1. Linde Plc

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Air Liquide S.A.

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Parker Hannifin Corporation

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Atlas Copco AB

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Air Products and Chemicals Inc.

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Air Separation Unit Market Other Major And Innovative Companies

    31.1. Nippon Sanso Holdings Corporation

    31.2. Messer Group GmbH

    31.3. Matheson Tri-Gas Inc.

    31.4. Yingde Gases Group Co. Ltd.

    31.5. Enerflex Ltd.

    31.6. Gulf Cryo

    31.7. Cryogenmash

    31.8. SIAD Machine Impianti S.p.A.

    31.9. Bhoruka Gases Limited

    31.10. MVS Engineering Pvt. Ltd.

    31.11. Novair Industries AB

    31.12. CRYOTEC Anlagenbau GmbH

    31.13. AMCS Corporation

    31.14. Ranch Cryogenics Inc.

    31.15. Buzwair Industrial Gases Factories

    32. Global Air Separation Unit Market Competitive Benchmarking

    33. Global Air Separation Unit Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Air Separation Unit Market

    35. Air Separation Unit Market Future Outlook and Potential Analysis

    35.1 Air Separation Unit Market In 2028 - Countries Offering Most New Opportunities

    35.2 Air Separation Unit Market In 2028 - Segments Offering Most New Opportunities

    35.3 Air Separation Unit Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Air Separation Unit Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Air Separation Unit Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Linde Plc Financial Performance
  • Figure 75: Air Liquide S.A. Financial Performance
  • Figure 76: Parker Hannifin Corporation Financial Performance
  • Figure 77: Atlas Copco AB Financial Performance
  • Figure 78: Air Products and Chemicals Inc. Financial Performance

List Of Figures

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Air Separation Unit Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Air Separation Unit Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Air Separation Unit Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Air Separation Unit Market, Segmentation By Gas, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Air Separation Unit Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Linde Plc Financial Performance
  • Table 75: Air Liquide S.A. Financial Performance
  • Table 76: Parker Hannifin Corporation Financial Performance
  • Table 77: Atlas Copco AB Financial Performance
  • Table 78: Air Products and Chemicals Inc. Financial Performance
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Frequently Asked Questions

What is the definition of the air separation unit market?

An air separation unit (ASU) is a facility used to separate atmospheric air into its primary components, typically nitrogen, oxygen, and argon. These units operate by cooling the air to extremely low temperatures through a process called cryogenic distillation or by using non-cryogenic processes such as pressure swing adsorption (PSA) or membrane separation. For further insights on the air separation unit market, request a sample here

How will the air separation unit market drivers and restraints affect the air separation unit market dynamics? What forces will shape the air separation unit industry going forward?

The air separation unit market major growth driver - Rising Energy Demand To Propel Growth In Air Separation Unit Market. For further insights on the air separation unit market, request a sample here

What is the forecast market size or the forecast market value of the air separation unit market?

The air separation unit market size has grown strongly in recent years. It will grow from $5.29 billion in 2023 to $5.59 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to growth in the production of metals, expansion of chemical manufacturing, rise in chemical production, rise in industrialization and urbanization, and rise in government investments and policies. The air separation unit market size is expected to see strong growth in the next few years. It will grow to $7.02 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to expanding industrial sectors, rising demand for industrial gases, growing energy sector, rising demand for medical oxygen in healthcare facilities, and growing use of nitrogen in food preservation and packaging. Major trends in the forecast period include advancements in energy-efficient technologies, integration of AI for process optimization, adoption of modular and compact designs, innovation in cryogenic air separation technology, enhanced safety features, and development of greener solutions to reduce carbon emissions. For further insights on the air separation unit market, request a sample here

How is the air separation unit market segmented?

The air separation unit market is segmented
1) By Process: Cryogenic, Non-Cryogenic
2) By Gas: Nitrogen, Oxygen, Argon, Other Gases
3) By End Use: Iron And Steel, Oil And Gas, Healthcare, Chemicals, Other End Uses For further insights on the air separation unit market,
request a sample here

Which region has the largest share of the air separation unit market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the air separation unit market in 2023 and it is expected to be the fastest-growing region in the forecast period. The regions covered in the air separation unit market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the air separation unit market, request a sample here.

Who are the major players in the air separation unit market?

Major companies operating in the air separation unit market are Linde Plc, Air Liquide S.A., Parker Hannifin Corporation, Atlas Copco AB, Air Products and Chemicals Inc., Nippon Sanso Holdings Corporation, Messer Group GmbH, Matheson Tri-Gas Inc., Yingde Gases Group Co. Ltd., Enerflex Ltd., Gulf Cryo, Cryogenmash, SIAD Macchine Impianti S.p.A., Bhoruka Gases Limited, MVS Engineering Pvt. Ltd., Novair Industries AB, CRYOTEC Anlagenbau GmbH, AMCS Corporation, Ranch Cryogenics Inc., Buzwair Industrial Gases Factories, The Southern Gas Limited, Shanghai Chinllenge Gases Co. Ltd., Kaifeng Air Separation Group Company Limited, AMCS Corporation, Sichuan Air Separation Plant Group For further insights on the air separation unit market, request a sample here.

What are the key trends in the air separation unit market?

Major trend in the air separation unit market - Strategic Partnerships Drive Expansion In Air Separation Unit Market. For further insights on the air separation unit market, request a sample here.

What are the major opportunities in the air separation unit market? What are the strategies for the air separation unit market?

For detailed insights on the major opportunities and strategies in the air separation unit market, request a sample here.

How does the air separation unit market relate to the overall economy and other similar markets?

For detailed insights on air separation unit market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the air separation unit industry?

For detailed insights on the mergers and acquisitions in the air separation unit industry, request a sample here.

What are the key dynamics influencing the air separation unit market growth? SWOT analysis of the air separation unit market.

For detailed insights on the key dynamics influencing the air separation unit market growth and SWOT analysis of the air separation unit industry, request a sample here.