Global Air Separation Plant Market Size study, by Process (Cryogenic, Non-cryogenic) by Gas (Nitrogen, Oxygen, Argon, Others) by End-use (Iron & steel, Oil & Gas, Chemical, Healthcare, Others) and Regional Forecasts 2022-2032

Description

List of Tables

Global Air Separation Plant Market is valued approximately USD 6.05 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 4.60% over the forecast period 2024-2032. An Air Separation Plant (ASP) is a facility used for the separation of atmospheric air into its primary components, primarily nitrogen, oxygen, and argon. The process typically involves cryogenic distillation, where air is cooled and compressed to very low temperatures, causing its components to liquefy at different points. These liquefied components are then separated through distillation processes. Moreover, modular Air Separation Plant which are pre-engineered and fabricated off-site in modules or skids, are gaining popularity due to their faster installation, scalability, and cost-effectiveness compared to traditional stick-built plants. This trend is particularly significant in industries where rapid deployment and flexibility are essential.

Moreover, the primary driver of the Air Separation Plant market is the growing demand for industrial gases such as oxygen, nitrogen, and argon across various industries. These gases are essential for a wide range of applications including manufacturing, healthcare, metallurgy, chemicals, electronics, and food processing. Additionally, other factors support the market growth are expanding healthcare sector, growing demand for high-purity gases, rising investments in infrastructure development projects such as manufacturing facilities, power plants, and transportation networks, and growing industrialization & urbanization. However, the high cost associated with fabrication and operation are expected to hinder the market growth during the forecast period 2024-2032.

The key regions considered for the global Air Separation Plant market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, the Asia Pacific region emerged as the dominant force in the global Air Separation Plant market, boasting the largest revenue share. This was largely driven by the region's pivotal role as a center for electronics and semiconductor manufacturing. These industries have a critical need for ultra-pure gases such as nitrogen, crucially produced by air separation plants, to facilitate a wide range of manufacturing processes. Also, APAC is home to rapidly developing economies and industries, particularly in countries like China, India, Japan, South Korea, and Taiwan. These countries have substantial demand for industrial gases due to their manufacturing prowess and large populations. Expanding ASU plants enable suppliers to meet the regional demand effectively and efficiently. For instance, in January 2022, Air Liquide unveiled plans to invest approximately INR 350 crore in a cutting-edge air separation unit tailored for industrial merchant activities in Kosi, Uttar Pradesh, India. This state-of-the-art facility will boast a robust production capacity of 350 tons per day, with a remarkable maximum output of 300 tons of oxygen. Anticipated to commence operations by year's end, this plant signifies a significant stride towards bolstering industrial gas supply and meeting burgeoning demand in the region.

Major market player included in this report are:

Air Liquide S.A.
Linde AG
Messer Group GmbH
Air Products and Chemicals, Inc.
E Taiyo Nippon Sanso Corporation
Praxair, Inc.
Oxyplants India Private Limited
AMCS Corporation
Enerflex Ltd
Technex Ltd.

The detailed segments and sub-segment of the market are explained below:

By Process

Cryogenic
Non-cryogenic

By Gas

Nitrogen
Oxygen
Argon
Others

By End-use

Iron & steel
Oil & Gas
Chemical
Healthcare
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market

Chapter 1. Global Air Separation Plant Market Definition and Research Assumptions

1.1. Research Objective
1.2. Market Definition
1.3. Research Assumptions
- 1.3.1. Inclusion & Exclusion
- 1.3.2. Limitations
- 1.3.3. Supply Side Analysis
  - 1.3.3.1. Availability
  - 1.3.3.2. Infrastructure
  - 1.3.3.3. Regulatory Environment
  - 1.3.3.4. Market Competition
  - 1.3.3.5. Economic Viability (Consumer's Perspective)
- 1.3.4. Demand Side Analysis
  - 1.3.4.1. Regulatory frameworks
  - 1.3.4.2. Technological Advancements
  - 1.3.4.3. Environmental Considerations
  - 1.3.4.4. Consumer Awareness & Acceptance
1.4. Estimation Methodology
1.5. Years Considered for the Study
1.6. Currency Conversion Rates

Chapter 2. Executive Summary

2.1. Global Air Separation Plant Market Size & Forecast (2022- 2032)
2.2. Regional Summary
2.3. Segmental Summary
- 2.3.1. By Process
- 2.3.2. By Gas
- 2.3.3. By End-use
2.4. Key Trends
2.5. Recession Impact
2.6. Analyst Recommendation & Conclusion

Chapter 3. Global Air Separation Plant Market Dynamics

3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities

Chapter 4. Global Air Separation Plant Market: Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economic
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Air Separation Plant Market Size & Forecasts by Process 2022-2032

5.1. Cryogenic
5.2. Non-cryogenic

Chapter 6. Global Air Separation Plant Market Size & Forecasts by Gas 2022-2032

6.1. Nitrogen
6.2. Oxygen
6.3. Argon
6.4. Others

Chapter 7. Global Air Separation Plant Market Size & Forecasts by End-use 2022-2032

7.1. Iron & steel
7.2. Oil & Gas
7.3. Chemical
7.4. Healthcare
7.5. Others

Chapter 8. Global Air Separation Plant Market Size & Forecasts by Region 2022-2032

8.1. North America Air Separation Plant Market
- 8.1.1. U.S. Air Separation Plant Market
  - 8.1.1.1. Process breakdown size & forecasts, 2022-2032
  - 8.1.1.2. Gas breakdown size & forecasts, 2022-2032
  - 8.1.1.3. End-use breakdown size & forecasts, 2022-2032
- 8.1.2. Canada Air Separation Plant Market
8.2. Europe Air Separation Plant Market
- 8.2.1. U.K. Air Separation Plant Market
- 8.2.2. Germany Air Separation Plant Market
- 8.2.3. France Air Separation Plant Market
- 8.2.4. Spain Air Separation Plant Market
- 8.2.5. Italy Air Separation Plant Market
- 8.2.6. Rest of Europe Air Separation Plant Market
8.3. Asia-Pacific Air Separation Plant Market
- 8.3.1. China Air Separation Plant Market
- 8.3.2. India Air Separation Plant Market
- 8.3.3. Japan Air Separation Plant Market
- 8.3.4. Australia Air Separation Plant Market
- 8.3.5. South Korea Air Separation Plant Market
- 8.3.6. Rest of Asia Pacific Air Separation Plant Market
8.4. Latin America Air Separation Plant Market
- 8.4.1. Brazil Air Separation Plant Market
- 8.4.2. Mexico Air Separation Plant Market
- 8.4.3. Rest of Latin America Air Separation Plant Market
8.5. Middle East & Africa Air Separation Plant Market
- 8.5.1. Saudi Arabia Air Separation Plant Market
- 8.5.2. South Africa Air Separation Plant Market
- 8.5.3. Rest of Middle East & Africa Air Separation Plant Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Air Liquide S.A.
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Market Strategies
- 9.3.2. Linde AG
- 9.3.3. Messer Group GmbH
- 9.3.4. Air Products and Chemicals, Inc.
- 9.3.5. E Taiyo Nippon Sanso Corporation
- 9.3.6. Praxair, Inc.
- 9.3.7. Oxyplants India Private Limited
- 9.3.8. AMCS Corporation
- 9.3.9. Enerflex Ltd
- 9.3.10. Technex Ltd.

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes

LIST OF TABLES

TABLE 1. Global Air Separation Plant market, report scope
TABLE 2. Global Air Separation Plant market estimates & forecasts by Region 2022-2032 (USD Billion)
TABLE 3. Global Air Separation Plant market estimates & forecasts by Process 2022-2032 (USD Billion)
TABLE 4. Global Air Separation Plant market estimates & forecasts by Gas 2022-2032 (USD Billion)
TABLE 5. Global Air Separation Plant market estimates & forecasts by End-use 2022-2032 (USD Billion)
TABLE 6. Global Air Separation Plant market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 7. Global Air Separation Plant market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 8. Global Air Separation Plant market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 9. Global Air Separation Plant market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 10. Global Air Separation Plant market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 11. Global Air Separation Plant market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 12. Global Air Separation Plant market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 13. Global Air Separation Plant market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 14. Global Air Separation Plant market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 15. Global Air Separation Plant market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 16. U.S. Air Separation Plant market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 17. U.S. Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 18. U.S. Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 19. Canada Air Separation Plant market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 20. Canada Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 21. Canada Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 22. UK Air Separation Plant market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 23. UK Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 24. UK Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 25. Germany Air Separation Plant market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 26. Germany Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 27. Germany Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 28. France Air Separation Plant market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 29. France Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 30. France Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 31. Italy Air Separation Plant market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 32. Italy Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 33. Italy Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 34. Spain Air Separation Plant market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 35. Spain Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 36. Spain Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 37. RoE Air Separation Plant market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 38. RoE Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 39. RoE Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 40. China Air Separation Plant market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 41. China Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 42. China Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 43. India Air Separation Plant market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 44. India Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 45. India Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 46. Japan Air Separation Plant market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 47. Japan Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 48. Japan Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 49. Australia Air Separation Plant market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 50. Australia Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 51. Australia Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 52. South Korea Air Separation Plant market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 53. South Korea Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 54. South Korea Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 55.
TABLE 56. RoAPAC Air Separation Plant market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 57. RoAPAC Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 58. RoAPAC Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 59. Brazil Air Separation Plant market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 60. Brazil Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 61. Brazil Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 62. Mexico Air Separation Plant market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 63. Mexico Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 64. Mexico Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 65. RoLA Air Separation Plant market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 66. RoLA Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 67. RoLA Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 68. Saudi Arabia Air Separation Plant market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 69. Saudi Arabia Air Separation Plant market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 70. Saudi Arabia Air Separation Plant market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 71. South Africa Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 72.
TABLE 73. South Africa Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 74. South Africa Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 75. RoMEA Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 76. RoMEA Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 77. RoMEA Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 78. List of secondary sources, used in the study of Global Air Separation Plant Market.
TABLE 79. List of primary sources, used in the study of Global Air Separation Plant Market.
TABLE 80. Years considered for the study.
TABLE 81. Exchange rates considered

LIST OF FIGURES

FIG 1. Global Air Separation Plant market, research methodology
FIG 2. Global Air Separation Plant market, market estimation techniques
FIG 3. Global market size estimates & forecast methods.
FIG 4. Global Air Separation Plant market, key trends 2023
FIG 5. Global Air Separation Plant market, growth prospects 2022-2032
FIG 6. Global Air Separation Plant market, porters 5 force model
FIG 7. Global Air Separation Plant market, pestel analysis
FIG 8. Global Air Separation Plant market, value chain analysis
FIG 9. Global Air Separation Plant market by segment, 2022 & 2032 (USD Billion)
FIG 10. Global Air Separation Plant market by segment, 2022 & 2032 (USD Billion)
FIG 11. Global Air Separation Plant market by segment, 2022 & 2032 (USD Billion)
FIG 12. Global Air Separation Plant market by segment, 2022 & 2032 (USD Billion)
FIG 13. Global Air Separation Plant market by segment, 2022 & 2032 (USD Billion)
FIG 14. Global Air Separation Plant market, regional snapshot 2022 & 2032
FIG 15. North America Air Separation Plant market 2022 & 2032 (USD Billion)
FIG 16. Europe Air Separation Plant market 2022 & 2032 (USD Billion)
FIG 17. Asia pacific Air Separation Plant market 2022 & 2032 (USD Billion)
FIG 18. Latin America Air Separation Plant market 2022 & 2032 (USD Billion)
FIG 19. Middle East & Africa Air Separation Plant market 2022 & 2032 (USD Billion)
FIG 20. Global Air Separation Plant market, company market share analysis (2023)