Air Separation Plant Market by Process (Cryogenic, Non-cryogenic), Gas (Nitrogen, Oxygen, Argon, Others), End-Use Industry (Iron & Steel, Oil & Gas, Chemical, Healthcare, Others) and Region - Global Forecast to 2026
[273 Pages Report] The global market for air separation plants was valued at USD 4.5 billion in 2021 and is projected to reach USD 5.9 billion by 2026, at a CAGR of 4.9% between 2021 and 2026. The global market for air separation plants is driven by strong growth in demand, especially from the iron & steel, oil & gas, chemical, healthcare, and other end use industries.
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COVID-19 Impact on the Global Air Separation Plant Market
The air separation plant market includes major Tier I and II companies like Linde Plc (UK), Air Liquide SA (France), Air Products and Chemicals, Inc. (US), Taiyo Nippon Sanso Corporation (Japan), Messer Group GmbH (Germany), Daesung Industrial Co., Ltd. (South Korea), Air Water Inc. (Japan), Enerflex Ltd. (Canada), Yingde Gases Group Co., Ltd. (Hong Kong), INOX Air Products Private Limited (India), Hangzhou Hangyang Co., Ltd. (China), Universal Industrial Gases, Inc. (US), Nikkiso Cosmodyne, LLC. (US), and SIAD Macchine Impianti S.p.A. (Italy). These suppliers have their manufacturing facilities spread across various countries across Asia Pacific, Europe, North America, South America, Middle East, and Africa. COVID-19 has impacted their businesses as well.
The COVID-19 pandemic has resulted in a strong demand for medical oxygen for the treatment of critically ill patients. The COVID-19 induced logistic disruptions resulted in a shortage of medical oxygen across low and middle income countries of the world. This facilitated the strategy of installing on-site medical oxygen plants and generators to overcome shortfalls. As a result, the air separation plant market is witnessing increased demand from the healthcare end-use industry.
- In March 2020, Lincare, a subsidiary of Linde Plc, played a critical role in caring for patients at home, including patients being tested positive for COVID-19. Lincare is the largest US provider of respiratory care, offering an extensive portfolio of products and services such as Respiratory Therapy, Sleep Therapy, INR Testing, Nebulizer and Respiratory Medications, Enteral Therapy, and Durable Medical Equipment. The company is helping to ease the burden on hospitals across the country by partnering with them to transition patients who are eligible for in-home care, which results in additional hospital capacity for patients requiring critical care. COVID-19 positive patients have received respiratory services, including oxygen and nebulized respiratory medications, as well as ventilation services.
- In April 2020, CryopAL, a subsidiary of Air Liquide, handles the manufacturing of the Freelox line of liquid oxygen vessels for medical use. These vessels are primarily used in home healthcare or long-term care facility settings to supply oxygen to patients suffering from respiratory insufficiency. In response to the COVID-19 outbreak, the company tripled its production capacity and prepared to further increase it to meet the needs of the home healthcare services and equip facilities that do not have an existing piped oxygen network. In response to the evolving COVID-19 pandemic in Europe, CryopAL mobilized its resources to increase production capacity for its Freelox vessels. These vessels can hold 32 or 44 liters of liquid oxygen and enable patients to self-monitor their treatment for about a week. Fabricated at its plant in Bussy-Saint-Georges, near Paris, the usual production capacity is around 100 vessels a week. Currently, the capacity has been increased to 300 vessels a week..
- INOX Air Product Private Limited (INOXAP) has been catering to more than 60% of the total demand for medical oxygen in India. All INOXAP units have been running 24/7 to ensure continuous production and uninterrupted medical oxygen supply to more than 800 hospitals nationwide through a dedicated fleet of 550 transport tanks..
Air Separation Plant Market Dynamics
Drivers: Growing demand for industrial gases from dynamic manufacturing sectors
Global markets have undergone an unprecedented transformation over several decades. Political reforms have fueled the growth of the middle class worldwide and have led to increased disposable income and urbanization. This has led to a rise in consumerism, an idea that increasing consumption of goods and services is always a desirable goal, consumer spending is the key driver of the economy, and encouraging consumers to spend is a major policy goal. Economies such as Brazil, China, India, Mexico, the US, and Germany are laden with industries such as steel production, electronics, petrochemicals, power, chemicals, and food & beverages. The growth of the industrial sector in these countries has led to the demand for utility gases, which are critical components used in the fabrication of goods. This, in turn, is driving the air separation plant market.
Restraints: High costs associated with fabrication, component assembly, and operations
The air separation process requires a very tight integration of heat exchangers and separation columns to obtain good efficiency. All the energy for refrigeration is provided by the compression of the air at the inlet of the unit. The design of air separation may be influenced by factors like process requirements, economics, and safety. These factors act as a restraint to the growth of the air separation plant market. 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.
Demand for industrial oxygen in the African region due to COVID-19
Oxygen is primarily used in the healthcare sector but is also essential to many other industries, such as steelmaking, metals refining and fabrication, chemicals, pharmaceuticals, and petroleum processing. According to Gas World, oxygen is in short supply in developing countries, such as South Africa, Nigeria, and Ghana, and companies are paying 30 times the usual rate to keep critical equipment and projects on track. According to a report published by the Steel and Engineering Federation of South Africa (Seifsa), over 80% of its members currently face disruptions in their manufacturing facilities due to the scarcity of oxygen. Some companies had canceled projects or put them on hold, while others estimated a time of two weeks before their stock of industrial oxygen ran out.
Challenges: Development of affordable as well as effective technologies
Components used in air separation plants such as sensors, detectors, transmitters, and analyzers can be expensive for customers but play an important part in a plant’s operations. Sensitivity, selectivity, stability, cost, and portability are features that customers consider while installing air separation plants. For instance, plants using gas detection devices based on laser and infrared technologies are expensive compared to metal-oxide semiconductor (MOS) and electrochemical devices but offer far better accuracy and reliability than the latter. These devices are designed to meet requirements such as high sensitivity and selectivity but are highly-priced compared to infrared or electrochemical devices. MOS devices require higher operating temperatures and more power, resulting in higher cost and complex configurations than electrochemical or infrared devices. Also, the need for a longer recovery period, lack of selectivity due to economic factors, structural instability, sensor drift, and other detection defects limit their areas of application in the air separation plant.
Based on process, cryogenic process segment is expected to grow at the highest CAGR during the forecast period.
Cryogenic technology was commercialized in 1902 and has since been used extensively by companies across multiple industries that require gases such as nitrogen, oxygen, and others. Being the oldest air separation technology available, it has evolved considerably over the years, resulting in improved efficiency and high purity of yield gases. The growing demand for fabricated metals and alloys across the globe, the increasing dependency on pure gases for enhancing metal properties, and rapid industrialization are expected to drive the air separation plant market during the next five years.
Nitrogen is expected to be the fastest-growing gas segment of the air separation plant market.
The inert properties of nitrogen make it a good blanketing gas in many applications. Nitrogen blanketing is used to protect flammable or explosive solids and liquids from contact with air. Certain chemicals, surfaces of solids, and stored food products have properties that must be protected from degradation by the effects of atmospheric oxygen and moisture. This is achieved by keeping these items in a nitrogen-enriched atmosphere.
Among end use industries, the iron & steel segment is projected to grow at the highest CAGR from 2021 to 2026.
Iron & steel are used in cars, appliances, roads, bridges, ships, airplanes, and in engineering and construction applications. Hence, with the development and growth of any country, the production and consumption of iron & steel increase proportionately. Countries such as China, the US, Japan, Russia, Italy, Germany, India and Brazil lead in the production and consumption of steel.
Asia Pacific is expected to be the fastest-growing regional segment in the air separation plant market.
Market growth in the Asia Pacific region can be attributed to the increasing metal production, fabrication, and consumption in countries such as Japan, China, and India. The Asia Pacific region accounts for the highest production and consumption of steel in the world, along with one of the highest oil refining capacities. It is also the manufacturing hub of the world, with abundant heavy machinery and equipment manufacturing companies.
APAC SNAPSHOT
Key Market Players
Some of the leading players operating in the air separation plant market include companies like Linde Plc (UK), Air Liquide SA (France), Air Products and Chemicals, Inc. (US), Taiyo Nippon Sanso Corporation (Japan), Messer Group GmbH (Germany), Daesung Industrial Co., Ltd. (South Korea), Air Water Inc. (Japan), Enerflex Ltd. (Canada), Yingde Gases Group Co., Ltd. (Hong Kong), INOX Air Products Private Limited (India), Hangzhou Hangyang Co., Ltd. (China), Universal Industrial Gases, Inc. (US), Nikkiso Cosmodyne, LLC. (US), and SIAD Macchine Impianti S.p.A. (Italy). These players have contracts, expansions, acquisitions, agreements, new product launches and investment as the major strategies to consolidate their position in the market.
Scope of the report
|
Report Metric |
Details |
|
Market Size Available for Years |
2016-2026 |
|
Base Year Considered |
2020 |
|
Forecast Period |
2021-2026 |
|
Forecast Units |
Value (USD million) |
|
Segments Covered |
Process, Gas, End Use and Region |
|
Geographies Covered |
North America, Asia Pacific, Europe, Middle East, Africa, and South America |
|
Companies Covered |
Some of the leading players operating in the air separation market include like Linde Plc (UK), Air Liquide SA (France), Air Products and Chemicals, Inc. (US), Taiyo Nippon Sanso Corporation (Japan), Messer Group GmbH (Germany), Daesung Industrial Co., Ltd. (South Korea), Air Water Inc. (Japan), Enerflex Ltd. (Canada), Yingde Gases Group Co., Ltd. (Hong Kong), INOX Air Products Private Limited (India), and Hangzhou Hangyang Co., Ltd. (China) |
This research report categorizes the air separation plant market based on process, gas, end use and region.
Air Separation Plant Market, By Process
- Cryogenic
- Non-cryogenic
- Pressure Swing Adsoprtion
- Vacuum Pressure Swing Adsorption
- Membrane Separation
Air Separation Plant Market, By Gas
- Nitrogen
- Oxygen
- Argon
- Others
Air Separation Plant Market, By End-use Industry
- Iron & Steel
- Oil & Gas
- Chemical
- Healthcare
- Others
Air Separation Plant Market, By Region
- Asia Pacific
- North America
- Europe
- Middle East
- Africa
- South America
Recent Developments
- In February 2021, Air Liquide and BASF signed a new long-term contract for the supply of oxygen and nitrogen to one of BASF’s largest European sites, located in Schwarzheide, Germany. Air Liquide will invest around USD 48 million in the construction of an Air Separation Unit (ASU) at this site for the production of battery materials for mobility. The Group’s Air Separation Unit (ASU) will provide the highest industry standards in safety, efficiency, and reliability. The ASU is planned to be operational in 2023 and will also produce liquid products for the Industrial Merchant market. This new ASU located in the eastern part of Germany will complement Air Liquide’s 23 air gases production plants in the country and will enable the Group to increase the reliable supply of industrial gases to customers in Germany as well as in Poland.
- In January 2021, Linde Plc signed a long-term agreement with BorsodChem Zrt., the Hungarian chemical company and member of the Wanhua Chemical Group, for the supply of nitrogen, oxygen, and compressed air to its chemical complex in Kazincbarcika. Linde will construct one of the largest air separation units in Hungary, which is expected to be completed by the end of 2021. In addition to supporting BorsodChem's expansion, the plant will provide additional nitrogen, oxygen and compressed air to meet the increasing demand for industrial gases in Hungary and surrounding countries.
- In July 2020, Air Products and Chemicals, Inc. signed an agreement with ACWA Power (Saudi Arabia) and NEOM (a developing smart city in Saudi Arabia), worth USD 5 billion for developing a world-scale green hydrogen-based ammonia and nitrogen production facility powered by renewable energy. The project, which will be equally owned by the three partners, will be sited in Tabuk region, located in the north west corner of the Kingdom of Saudi Arabia, and will produce green ammonia for export to global markets. This development will help Air Products in identifying itself as one of the leading players in the green energy sector.
Frequently Asked Questions (FAQ):
What is an air separation plant?
An air separation plant separates atmospheric air into its primary components, typically nitrogen, oxygen, argon, and other rare inert gases. . Filtration units, compressors, refrigerating units, plate-fin heat exchangers, molecular sieves cryogenic tanks and pumps, and a distillation column form a typical air separation plant.
What are the different end use inudstries of air separation plants?
Air separastion plants are used in iron & steel, oil & gas, chemical, healthcare, electronics, food & beverage, glass and coal-gasification industries.
What are the key driving factors for the growth of the global cooler box market?
Economies such as Brazil, China, India, Mexico, the US, and Germany are laden with industries such as steel production, electronics, petrochemicals, power, chemicals, and food & beverages. The growth of the industrial sector in these countries has led to the demand for utility gases, which are critical components used in the fabrication of goods. This, in turn, is driving the air separation plant market..
What is the biggest challenge for the growth of the global air separation plant market?
Components used in air separation plants such as sensors, detectors, transmitters, and analyzers can be expensive for customers but play an important part in a plant’s operations. Sensitivity, selectivity, stability, cost, and portability are features that customers consider while installing air separation plants. However, these technologies are costly in terms of capital expenditure.
What are the key regions in the global air separation plant market?
In terms of region, the key markets are observed to be in Asia Pacific. Market growth in the Asia Pacific region can be attributed to the increasing metal production, fabrication, and consumption in countries such as Japan, China, and India. The Asia Pacific region accounts for the highest production and consumption of steel in the world, along with one of the highest oil refining capacities. It is also the manufacturing hub of the world, with abundant heavy machinery and equipment manufacturing companies. .
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 28)
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 INCLUSIONS & EXCLUSIONS
TABLE 1 AIR SEPARATION PLANT MARKET, BY REGION: INCLUSIONS & EXCLUSIONS
TABLE 2 AIR SEPARATION PLANT MARKET, BY GAS: INCLUSIONS & EXCLUSIONS
TABLE 3 AIR SEPARATION PLANT MARKET, BY PROCESS: INCLUSIONS & EXCLUSIONS
TABLE 4 AIR SEPARATION PLANT MARKET, BY END-USE INDUSTRY: INCLUSIONS & EXCLUSIONS
1.4 MARKET SCOPE
1.4.1 AIR SEPARATION PLANT MARKET SEGMENTATION
FIGURE 1 AIR SEPARATION PLANT MARKET: SEGMENTATION
1.4.2 YEARS CONSIDERED FOR THE STUDY
1.5 CURRENCY
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 33)
2.1 RESEARCH DATA
FIGURE 2 AIR SEPARATION PLANT MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 List of participating companies for primary research
2.1.2.3 Key industry insights
2.1.2.4 Breakdown of primary interviews
2.2 BASE NUMBER CALCULATION
2.2.1 SUPPLY-SIDE APPROACH
2.2.2 DEMAND-SIDE APPROACH
2.3 MARKET SIZE ESTIMATION
2.3.1 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.3.2 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.4 DATA TRIANGULATION
FIGURE 3 DATA TRIANGULATION METHOD
2.5 ASSUMPTIONS
2.6 RISK ASSESSMENT
3 EXECUTIVE SUMMARY (Page No. - 42)
TABLE 5 AIR SEPARATION PLANT MARKET SNAPSHOT, 2021 & 2026
FIGURE 4 CRYOGENIC PROCESS ACCOUNTED FOR LARGEST SHARE OF AIR SEPARATION PLANT MARKET IN 2020
FIGURE 5 NITROGEN SEGMENT DOMINATED AIR SEPARATION PLANT MARKET IN 2020
FIGURE 6 IRON & STEEL COMMANDED MAJOR SHARE OF AIR SEPARATION PLANT MARKET IN 2020
FIGURE 7 ASIA PACIFIC TO BE FASTEST-GROWING MARKET FOR AIR SEPARATION PLANTS FROM 2021 TO 2026
4 PREMIUM INSIGHTS (Page No. - 46)
4.1 ATTRACTIVE OPPORTUNITIES IN GLOBAL AIR SEPARATION PLANT MARKET
FIGURE 8 NEED FOR INDUSTRIAL GASES AND MEDICAL OXYGEN DRIVE GROWTH OF THIS MARKET
4.2 AIR SEPARATION PLANT MARKET, BY GAS
FIGURE 9 NITROGEN SEGMENT PROJECTED TO GROW FASTEST FROM 2021 TO 2026
4.3 ASIA PACIFIC AIR SEPARATION PLANT MARKET, BY END-USE INDUSTRY AND COUNTRY
FIGURE 10 CHINA ESTIMATED TO BE LARGEST AIR SEPARATION PLANT MARKET IN 2021
4.4 AIR SEPARATION PLANT MARKET, MAJOR COUNTRIES
FIGURE 11 ASIA PACIFIC OFFERS LUCRATIVE GROWTH OPPORTUNITIES DURING FORECAST PERIOD
5 MARKET OVERVIEW (Page No. - 48)
5.1 INTRODUCTION
FIGURE 12 GAS SUPPLY MODES
5.2 MARKET SEGMENTATION
TABLE 6 AIR SEPARATION PLANT MARKET, BY PROCESS
TABLE 7 AIR SEPARATION PLANT MARKET, BY GAS
TABLE 8 AIR SEPARATION PLANT MARKET, BY END-USE INDUSTRY
5.3 MARKET DYNAMICS
FIGURE 13 AIR SEPARATION PLANT MARKET DYNAMICS
5.3.1 DRIVERS
5.3.1.1 Growing demand for industrial gases from dynamic manufacturing sectors
FIGURE 14 GLOBAL STEEL PRODUCTION, 2015–2020
FIGURE 15 GLOBAL USERS OF CONSUMER ELECTRONIC PRODUCTS, 2016–2021
5.3.1.2 Increased demand for medical oxygen due to COVID-19
5.3.2 RESTRAINTS
5.3.2.1 High costs associated with fabrication, component assembly, and operations
5.3.3 OPPORTUNITIES
5.3.3.1 Demand for industrial oxygen in the African region due to COVID-19
5.3.3.2 Emerging applications in glass, gasification, and gas-to-liquid industries
5.3.4 CHALLENGES
5.3.4.1 Development of affordable as well as effective technologies
5.3.4.2 Hazards associated with cryogenic air separation technology
5.4 PORTER’S FIVE FORCES ANALYSIS
FIGURE 16 PORTER’S FIVE FORCES ANALYSIS: AIR SEPARATION PLANT MARKET
TABLE 9 PORTER’S FIVE FORCES ANALYSIS: AIR SEPARATION PLANT MARKET
5.4.1 THREAT OF NEW ENTRANTS
5.4.2 THREAT OF SUBSTITUTES
5.4.3 BARGAINING POWER OF SUPPLIERS
5.4.4 BARGAINING POWER OF BUYERS
5.4.5 INTENSITY OF COMPETITIVE RIVALRY
5.5 SUPPLY CHAIN ANALYSIS
FIGURE 17 SUPPLY CHAIN ANALYSIS OF AIR SEPARATION PLANT MARKET
TABLE 10 COMPANIES INVOLVED IN SUPPLY CHAIN OF AIR SEPARATION PLANT MARKET
5.6 VALUE CHAIN ANALYSIS
FIGURE 18 VALUE CHAIN ANALYSIS: MAXIMUM VALUE ADDED DURING MANUFACTURING PROCESS
5.6.1 PROMINENT COMPANIES
5.6.2 SMALL & MEDIUM ENTERPRISES
5.7 CASE STUDY ANALYSIS
5.7.1 INDUSTRIAL
5.7.1.1 Hangzhou Hangyang Co., Ltd. signed agreement with Zhongxin Nenghua Technology Co., Ltd. to design & procure coal-to-gas deep cryogenic separation device for coal-to-gas separation
5.7.1.2 Linde plc signed agreement with BorsodChem Zrt. for the supply of nitrogen, oxygen, and compressed air
5.7.1.3 Air Products and Chemicals, Inc. announced agreement to construct coal-to-methanol production facility in Indonesia for Bakrie Group and PT. Ithaca Resource
5.7.2 CHEMICAL
5.7.2.1 Air Liquide announced agreement with Eastman Chemical Company to provide gaseous oxygen, nitrogen, and syngas, supporting Eastman’s growth and production in US
5.7.2.2 Air Products and Chemicals, Inc. announced buy-back of two air separation units and long-term gas supply to Shanxi Jinmei Huayu Coal Chemical Co., Ltd.
5.7.3 FOOD & BEVERAGES
5.7.3.1 Linde plc announced agreement to supply nitrogen and oxygen to MEGlobal’s new ethylene glycol (EG) plant in Texas
5.7.4 GLASS & CERAMICS
5.7.4.1 Messer Group GmbH announced investment to construct air separation unit for Saint-Gobain Isover AG
5.7.5 ELECTRONICS & SEMICONDUCTOR
5.7.5.1 Linde plc announced agreement with major electronics company in Taiwan for provision of high purity nitrogen, oxygen, and argon on-site plants
5.7.5.2 Linde plc announced the start-up of new SPECTRA high purity nitrogen generator for leading semiconductor manufacturer in China
5.7.5.3 Linde plc announced the start-up of new air separation unit to supply 700 TPD of gaseous nitrogen to support Samsung in South Korea
5.7.5.4 Air Products and Chemicals, Inc. announced start-up of its first cryogenic nitrogen separation plant in Malaysia for electrical and electronics industry
5.7.6 HEALTHCARE
5.7.6.1 Air Liquide China, Air Liquide SA’s subsidiary, will invest around USD 70 million to build Air Separation Unit (ASU) in China to cater to increasing demand from hospitals
5.8 TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS
FIGURE 19 REVENUE SHIFT & NEW REVENUE POCKETS FOR AIR SEPARATION PLANT MANUFACTURERS
5.9 ECOSYSTEM FOR AIR SEPARATION PLANT MARKET
FIGURE 20 ECOSYSTEM MARKET MAP FOR AIR SEPARATION PLANT MARKET
5.10 PATENT ANALYSIS
5.10.1 INTRODUCTION
FIGURE 21 PUBLICATION TRENDS (2011–2020)
5.10.2 INSIGHTS
FIGURE 22 TREND ANALYSIS
5.10.3 TOP ASSIGNEES
5.11 TECHNOLOGY ANALYSIS
5.11.1 BASIC AIR SEPARATION PLANT COMPONENTS
5.11.1.1 Main Air Compressor (MAC)
5.11.1.2 Prepurifier Unit (PPU)
5.11.1.3 Cold box
5.11.1.4 Expander
5.11.2 CRYOGENIC DISTILLATION
5.11.3 PRESSURE SWING ADSORPTION
5.11.4 MEMBRANE SEPARATION
5.12 IMPORT & EXPORT TRADE ANALYSIS
FIGURE 23 GLOBAL TRADE ROUTES FOR AIR SEPARATION PLANTS
5.13 REGULATORY LANDSCAPE
TABLE 11 STANDARD DESIGN RECOMMENDATIONS FOR EQUIPMENT USED IN CRYOGENIC PROCESSES
5.14 MACROECONOMIC INDICATORS
5.14.1 ELECTRONICS INDUSTRY
FIGURE 24 PRODUCTION BY GLOBAL ELECTRONICS AND IT INDUSTRIES (USD MILLION)
5.14.2 HEALTHCARE INDUSTRY
FIGURE 25 HEALTHCARE SPENDING, 2019
5.14.3 MANUFACTURING INDUSTRY
FIGURE 26 ANNUAL GROWTH RATE OF WORLD MANUFACTURING OUTPUT
5.14.4 OIL & GAS INDUSTRY
TABLE 12 GLOBAL OIL & GAS PRICES, USD/BBL (2016–2020)
FIGURE 27 GLOBAL OIL DEMAND GROWTH (2016–2021)
6 AIR SEPARATION PLANT MARKET, BY PROCESS (Page No. - 81)
6.1 INTRODUCTION
FIGURE 28 AIR SEPARATION PLANT MARKET, BY PROCESS, 2021 & 2026 (USD MILLION)
TABLE 13 AIR SEPARATION PLANT MARKET, BY PROCESS, 2016-2026 (USD MILLION)
6.2 CRYOGENIC
6.2.1 INCREASING DEMAND FOR GASES FOR INDUSTRIAL ACTIVITIES DRIVES CRYOGENIC SEGMENT
TABLE 14 CRYOGENIC AIR SEPARATION PLANT MARKET, BY REGION, 2016-2026 (USD MILLION)
6.3 NON-CRYOGENIC
6.3.1 HEALTHCARE, FOOD & BEVERAGE, AND GLASS INDUSTRIES CONTRIBUTE TO GROWTH OF NON-CRYOGENIC SEGMENT
6.3.1.1 Pressure swing adsorption (PSA)
6.3.1.2 Vacuum pressure swing adsorption (VPSA)
6.3.1.3 Membrane separation
TABLE 15 NON-CRYOGENIC AIR SEPARATION PLANT MARKET, BY REGION, 2016-2026 (USD MILLION)
7 AIR SEPARATION PLANT MARKET, BY GAS (Page No. - 86)
7.1 INTRODUCTION
7.1.1 COVID-19 IMPACT ON GAS SEGMENT
FIGURE 29 AIR SEPARATION PLANT MARKET, BY GAS, 2021 & 2026 (USD MILLION)
TABLE 16 AIR SEPARATION PLANT MARKET, BY GAS, 2016-2026 (USD MILLION)
7.2 NITROGEN
7.2.1 USE IN BLANKETING AND INERTING ACROSS MULTIPLE END-USE INDUSTRIES BOOSTS DEMAND FOR NITROGEN
TABLE 17 NITROGEN: AIR SEPARATION PLANT MARKET, BY REGION, 2016-2026 (USD MILLION)
7.3 OXYGEN
7.3.1 NEED FOR MEDICAL OXYGEN FOR TREATMENT OF COVID-19 PATIENTS FUELS SEGMENT GROWTH
TABLE 18 OXYGEN: AIR SEPARATION PLANT MARKET, BY REGION, 2016-2026 (USD MILLION)
7.4 ARGON
7.4.1 ARGON WIDELY USED IN INDUSTRIAL AND ELECTRONICS APPLICATIONS
TABLE 19 ARGON: AIR SEPARATION PLANT MARKET, BY REGION, 2016-2026 (USD MILLION)
7.5 OTHERS
TABLE 20 OTHERS: AIR SEPARATION PLANT MARKET, BY REGION, 2016-2026 (USD MILLION)
8 AIR SEPARATION PLANT MARKET, BY END-USE INDUSTRY (Page No. - 92)
8.1 INTRODUCTION
FIGURE 30 AIR SEPARATION PLANT MARKET, BY END-USE INDUSTRY, 2021 & 2026 (USD MILLION)
TABLE 21 AIR SEPARATION PLANT MARKET, BY END-USE INDUSTRY, 2016-2026 (USD MILLION)
8.2 IRON & STEEL
8.2.1 IRON & STEEL INDUSTRY COMMANDS LARGEST SHARE OF MARKET
8.2.2 COVID-19 IMPACT ON IRON & STEEL INDUSTRY
TABLE 22 IRON & STEEL: AIR SEPARATION PLANT MARKET, BY REGION, 2016-2026 (USD MILLION)
8.3 OIL & GAS
8.3.1 USE OF INDUSTRIAL GASES FOR DOWNSTREAM AND UPSTREAM PROCESSES BOOSTS SEGMENT GROWTH
8.3.1.1 Upstream
8.3.1.2 Downstream
8.3.2 COVID-19 IMPACT ON OIL & GAS INDUSTRY
TABLE 23 OIL & GAS: AIR SEPARATION PLANT MARKET, BY REGION, 2016-2026 (USD MILLION)
8.4 CHEMICAL
8.4.1 RESURGING GLOBAL CHEMICAL INDUSTRY EXPECTED TO DRIVE DEMAND FOR AIR SEPARATION PLANT GASES
8.4.2 COVID-19 IMPACT ON CHEMICAL INDUSTRY
TABLE 24 CHEMICAL: AIR SEPARATION PLANT MARKET, BY REGION, 2016-2026 (USD MILLION)
8.5 HEALTHCARE
8.5.1 INCREASING CONSUMPTION OF MEDICAL GASES LIKE OXYGEN DRIVES HEALTHCARE SEGMENT
8.5.2 COVID-19 IMPACT ON HEALTHCARE INDUSTRY
TABLE 25 HEALTHCARE: AIR SEPARATION PLANT MARKET, BY REGION, 2016-2026 (USD MILLION)
8.6 OTHERS
8.6.1 COVID-19 IMPACT ON OTHER INDUSTRIES
TABLE 26 OTHER END-USE INDUSTRIES: AIR SEPARATION PLANT MARKET, BY REGION, 2016-2026 (USD MILLION)
9 AIR SEPARATION PLANT MARKET, BY REGION (Page No. - 101)
9.1 INTRODUCTION
FIGURE 31 GEOGRAPHIC SNAPSHOT: MARKET IN CHINA PROJECTED TO GROW AT HIGHEST CAGR (2021–2026)
TABLE 27 AIR SEPARATION PLANT MARKET, BY REGION, 2016–2026 (USD MILLION)
9.2 ASIA PACIFIC
FIGURE 32 ASIA PACIFIC: AIR SEPARATION PLANT MARKET SNAPSHOT
TABLE 28 ASIA PACIFIC: AIR SEPARATION PLANT MARKET, BY PROCESS, 2016–2026 (USD MILLION)
TABLE 29 ASIA PACIFIC: AIR SEPARATION PLANT MARKET, BY COUNTRY, 2016–2026 (USD MILLION)
TABLE 30 ASIA PACIFIC: AIR SEPARATION PLANT MARKET, BY END-USE INDUSTRY, 2016–2026 (USD MILLION)
9.2.1 CHINA
9.2.1.1 China accounted for largest market share in Asia Pacific
9.2.1.2 COVID-19 Impact on China
TABLE 31 CHINA: AIR SEPARATION PLANT MARKET, BY PROCESS, 2016–2026 (USD MILLION)
TABLE 32 CHINA: AIR SEPARATION PLANT MARKET, BY END-USE INDUSTRY, 2016–2026 (USD MILLION)
9.2.2 JAPAN
9.2.2.1 Demand for industrial gases for manufacturing to drive market in Japan
9.2.2.2 COVID-19 impact on Japan
TABLE 33 JAPAN: AIR SEPARATION PLANT MARKET, BY PROCESS, 2016–2026 (USD MILLION)
TABLE 34 JAPAN: AIR SEPARATION PLANT MARKET, BY END-USE INDUSTRY, 2016–2026 (USD MILLION)
9.2.3 INDIA
9.2.3.1 Increasing consumption of iron & steel in infrastructure development fuels market growth in India
9.2.3.2 COVID-19 impact on India
TABLE 35 INDIA: AIR SEPARATION PLANT MARKET, BY PROCESS, 2016–2026 (USD MILLION)
TABLE 36 INDIA: AIR SEPARATION PLANT MARKET, BY END-USE INDUSTRY, 2016–2026 (USD MILLION)
9.2.4 SOUTH KOREA
9.2.4.1 Use of gases in industrial applications to lead market growth in South Korea
9.2.4.2 COVID-19 impact on South Korea
TABLE 37 SOUTH KOREA: AIR SEPARATION PLANT MARKET, BY PROCESS, 2016–2026 (USD MILLION)
TABLE 38 SOUTH KOREA: AIR SEPARATION PLANT MARKET, BY END-USE INDUSTRY, 2016–2026 (USD MILLION)
9.2.5 AUSTRALIA & NEW ZEALAND
9.2.5.1 Demand from iron & steel, healthcare, and food industries contribute to growth of market in Australia & New Zealand
9.2.5.2 COVID-19 impact on Australia & New Zealand
TABLE 39 AUSTRALIA & NEW ZEALAND: AIR SEPARATION PLANT MARKET, BY PROCESS, 2016–2026 (USD MILLION)
TABLE 40 AUSTRALIA & NEW ZEALAND: AIR SEPARATION PLANT MARKET, BY END-USE INDUSTRY, 2016–2026 (USD MILLION)
9.2.6 REST OF ASIA PACIFIC
9.2.6.1 COVID-19 impact on Rest of Asia Pacific
TABLE 41 REST OF ASIA PACIFIC: AIR SEPARATION PLANT MARKET, BY PROCESS, 2016–2026 (USD MILLION)
TABLE 42 REST OF ASIA PACIFIC: AIR SEPARATION PLANT MARKET, BY END-USE INDUSTRY, 2016–2026 (USD MILLION)
9.3 NORTH AMERICA
FIGURE 33 NORTH AMERICA: AIR SEPARATION PLANT MARKET SNAPSHOT
TABLE 43 NORTH AMERICA: AIR SEPARATION PLANT MARKET, BY PROCESS, 2016–2026 (USD MILLION)
TABLE 44 NORTH AMERICA: AIR SEPARATION PLANT MARKET, BY COUNTRY, 2016–2026 (USD MILLION)
TABLE 45 NORTH AMERICA: AIR SEPARATION PLANT MARKET, BY END-USE INDUSTRY, 2016–2026 (USD MILLION)
9.3.1 US
9.3.1.1 US holds largest market share in North America
9.3.1.2 Impact of COVID-19 on the US
TABLE 46 US: AIR SEPARATION PLANT MARKET, BY PROCESS, 2016–2026 (USD MILLION)
TABLE 47 US: AIR SEPARATION PLANT MARKET, BY END-USE INDUSTRY, 2016–2026 (USD MILLION)
9.3.2 CANADA
9.3.2.1 Oil & gas industry to provide strong impetus to market growth in Canada
9.3.2.2 COVID-19 impact on Canada
TABLE 48 CANADA: AIR SEPARATION PLANT MARKET, BY PROCESS, 2016–2026 (USD MILLION)
TABLE 49 CANADA: AIR SEPARATION PLANT MARKET, BY END-USE INDUSTRY, 2016–2026 (USD MILLION)
9.3.3 MEXICO
9.3.3.1 Consumption in iron & steel drives market in Mexico
9.3.3.2 COVID-19 impact on Mexico
TABLE 50 MEXICO: AIR SEPARATION PLANT MARKET, BY PROCESS, 2016–2026 (USD MILLION)
TABLE 51 MEXICO: AIR SEPARATION PLANT MARKET, BY END-USE INDUSTRY, 2016–2026 (USD MILLION)
9.4 EUROPE
FIGURE 34 EUROPE: AIR SEPARATION PLANT MARKET SNAPSHOT
TABLE 52 EUROPE: AIR SEPARATION PLANT MARKET, BY PROCESS, 2016–2026 (USD MILLION)
TABLE 53 EUROPE: AIR SEPARATION PLANT MARKET, BY COUNTRY, 2016–2026 (USD MILLION)
TABLE 54 EUROPE: AIR SEPARATION PLANT MARKET, BY END-USE INDUSTRY, 2016–2026 (USD MILLION)
9.4.1 GERMANY
9.4.1.1 Germany holds largest market share in Europe
9.4.1.2 COVID-19 impact on Germany
TABLE 55 GERMANY: AIR SEPARATION PLANT MARKET, BY PROCESS, 2016–2026 (USD MILLION)
TABLE 56 GERMANY: AIR SEPARATION PLANT MARKET, BY END-USE INDUSTRY, 2016–2026 (USD MILLION)
9.4.2 FRANCE
9.4.2.1 Market in France boosted by demand from chemical and food & beverage industries
9.4.2.2 Impact of COVID-19 on France
TABLE 57 FRANCE: AIR SEPARATION PLANT MARKET, BY PROCESS, 2016–2026 (USD MILLION)
TABLE 58 FRANCE: AIR SEPARATION PLANT MARKET, BY END-USE INDUSTRY, 2016–2026 (USD MILLION)
9.4.3 UK
9.4.3.1 Demand for medical gases from healthcare industry expected to drive market in UK
9.4.3.2 COVID-19 impact on the UK
TABLE 59 UK: AIR SEPARATION PLANT MARKET, BY PROCESS, 2016–2026 (USD MILLION)
TABLE 60 UK: AIR SEPARATION PLANT MARKET, BY END-USE INDUSTRY, 2016–2026 (USD MILLION)
9.4.4 ITALY
9.4.4.1 Increasing demand for iron & steel products for automobiles drives market in Italy
9.4.4.2 COVID-19 impact on Italy
TABLE 61 ITALY: AIR SEPARATION PLANT MARKET, BY PROCESS, 2016–2026 (USD MILLION)
TABLE 62 ITALY AIR SEPARATION PLANT MARKET, BY END-USE INDUSTRY, 2016–2026 (USD MILLION)
9.4.5 SPAIN
9.4.5.1 Infrastructure development expected to drive demand for air separation plants in Spain
9.4.5.2 COVID-19 impact on Spain
TABLE 63 SPAIN: AIR SEPARATION PLANT MARKET, BY PROCESS, 2016–2026 (USD MILLION)
TABLE 64 SPAIN: AIR SEPARATION PLANT MARKET, BY END-USE INDUSTRY, 2016–2026 (USD MILLION)
9.4.6 REST OF EUROPE
9.4.6.1 COVID-19 impact on Rest of Europe
TABLE 65 REST OF EUROPE: AIR SEPARATION PLANT MARKET, BY PROCESS, 2016–2026 (USD MILLION)
TABLE 66 REST OF EUROPE: AIR SEPARATION PLANT MARKET, BY END-USE INDUSTRY, 2016–2026 (USD MILLION)
9.5 MIDDLE EAST
TABLE 67 MIDDLE EAST: AIR SEPARATION PLANT MARKET, BY PROCESS, 2016–2026 (USD MILLION)
TABLE 68 MIDDLE EAST: AIR SEPARATION PLANT MARKET, BY COUNTRY, 2016–2026 (USD MILLION)
TABLE 69 MIDDLE EAST AIR SEPARATION PLANT MARKET, BY END-USE INDUSTRY, 2016–2026 (USD MILLION)
9.5.1 UAE
9.5.1.1 UAE holds largest market share in Middle East
9.5.1.2 COVID-19 impact on UAE
TABLE 70 UAE: AIR SEPARATION PLANT MARKET, BY PROCESS, 2016–2026 (USD MILLION)
TABLE 71 UAE: AIR SEPARATION PLANT MARKET, BY END-USE INDUSTRY, 2016–2026 (USD MILLION)
9.5.2 SAUDI ARABIA
9.5.2.1 Need for industrial gases from iron & steel and oil & gas industries drives market in Saudi Arabia
9.5.2.2 COVID-19 impact on Saudi Arabia
TABLE 72 SAUDI ARABIA: AIR SEPARATION PLANT MARKET, BY PROCESS, 2016–2026 (USD MILLION)
TABLE 73 SAUDI ARABIA: AIR SEPARATION PLANT MARKET, BY END-USE INDUSTRY, 2016–2026 (USD MILLION)
9.5.3 QATAR
9.5.3.1 Demand from manufacturing and healthcare boost market in Qatar
9.5.3.2 COVID-19 impact on Qatar
TABLE 74 QATAR: AIR SEPARATION PLANT MARKET, BY PROCESS, 2016–2026 (USD MILLION)
TABLE 75 QATAR: AIR SEPARATION PLANT MARKET, BY END-USE INDUSTRY, 2016–2026 (USD MILLION)
9.5.4 KUWAIT
9.5.4.1 Use of air separation plants in refineries and petroleum production to spur demand in Kuwait
9.5.4.2 COVID-19 impact in Kuwait
TABLE 76 KUWAIT: AIR SEPARATION PLANT MARKET, BY PROCESS, 2016–2026 (USD MILLION)
TABLE 77 KUWAIT: AIR SEPARATION PLANT MARKET, BY END-USE INDUSTRY, 2016–2026 (USD MILLION)
9.5.5 OMAN
9.5.5.1 Use in oil & gas and chemical production to fuel demand for air separation plant in Oman
9.5.5.2 COVID-19 impact on Oman
TABLE 78 OMAN: AIR SEPARATION PLANT MARKET, BY PROCESS, 2016–2026 (USD MILLION)
TABLE 79 OMAN: AIR SEPARATION PLANT MARKET, BY END-USE INDUSTRY, 2016–2026 (USD MILLION)
9.5.6 REST OF MIDDLE EAST
9.5.6.1 COVID-19 impact in Rest of Middle East
TABLE 80 REST OF MIDDLE EAST: AIR SEPARATION PLANT MARKET, BY PROCESS, 2016–2026 (USD MILLION)
TABLE 81 REST OF MIDDLE EAST: AIR SEPARATION PLANT MARKET, BY END-USE INDUSTRY, 2016–2026 (USD MILLION)
9.6 SOUTH AMERICA
TABLE 82 SOUTH AMERICA: AIR SEPARATION PLANT MARKET, BY PROCESS, 2016–2026 (USD MILLION)
TABLE 83 SOUTH AMERICA: AIR SEPARATION PLANT MARKET, BY COUNTRY, 2016–2026 (USD MILLION)
TABLE 84 SOUTH AMERICA: AIR SEPARATION PLANT MARKET, BY END-USE INDUSTRY, 2016–2026 (USD MILLION)
9.6.1 BRAZIL
9.6.1.1 Brazil to be largest and fastest country market in South America
9.6.1.2 COVID-19 Impact on Brazil
TABLE 85 BRAZIL: AIR SEPARATION PLANT MARKET, BY PROCESS, 2016–2026 (USD MILLION)
TABLE 86 BRAZIL: AIR SEPARATION PLANT MARKET, BY END-USE INDUSTRY, 2016–2026 (USD MILLION)
9.6.2 ARGENTINA
9.6.2.1 Growth of oil & gas industry to spur demand for nitrogen and oxygen in Argentina
9.6.2.2 COVID-19 Impact on Argentina
TABLE 87 ARGENTINA: AIR SEPARATION PLANT MARKET, BY PROCESS, 2016–2026 (USD MILLION)
TABLE 88 ARGENTINA: AIR SEPARATION PLANT MARKET, BY END-USE INDUSTRY, 2016–2026 (USD MILLION)
9.6.3 CHILE
9.6.3.1 Favorable government policies and increasing manufacturing activities boost market in Chile
9.6.3.2 COVID-19 Impact on Chile
TABLE 89 CHILE: AIR SEPARATION PLANT MARKET, BY PROCESS, 2016–2026 (USD MILLION)
TABLE 90 CHILE: AIR SEPARATION PLANT MARKET, BY END-USE INDUSTRY, 2016–2026 (USD MILLION)
9.6.4 REST OF SOUTH AMERICA
9.6.4.1 COVID-19 Impact on Rest of South America
TABLE 91 REST OF SOUTH AMERICA: AIR SEPARATION PLANT MARKET, BY PROCESS, 2016–2026 (USD MILLION)
TABLE 92 REST OF SOUTH AMERICA: AIR SEPARATION PLANT MARKET, BY END-USE INDUSTRY, 2016–2026 (USD MILLION)
9.7 AFRICA
TABLE 93 AFRICA: AIR SEPARATION PLANT MARKET, BY PROCESS,2016–2026 (USD MILLION)
TABLE 94 AFRICA: AIR SEPARATION PLANT MARKET, BY COUNTRY,2016–2026 (USD MILLION)
TABLE 95 AFRICA: AIR SEPARATION PLANT MARKET, BY END-USE INDUSTRY, 2016–2026 (USD MILLION)
9.7.1 SOUTH AFRICA
9.7.1.1 Growing iron & steel and electronics industries fuel demand for nitrogen and oxygen in South Africa
9.7.1.2 COVID-19 impact on South Africa
TABLE 96 SOUTH AFRICA: AIR SEPARATION PLANT MARKET, BY PROCESS, 2016–2026 (USD MILLION)
TABLE 97 SOUTH AFRICA: AIR SEPARATION PLANT MARKET, BY END-USE INDUSTRY, 2016–2026 (USD MILLION)
9.7.2 REST OF AFRICA
9.7.2.1 COVID-19 impact on Rest of Africa
TABLE 98 REST OF AFRICA: AIR SEPARATION PLANT MARKET, BY PROCESS, 2016–2026 (USD MILLION)
TABLE 99 REST OF AFRICA: AIR SEPARATION PLANT MARKET, BY END-USE INDUSTRY, 2016–2026 (USD MILLION)
10 COMPETITIVE LANDSCAPE (Page No. - 151)
10.1 OVERVIEW
FIGURE 35 COMPANIES ADOPTED ORGANIC AND INORGANIC GROWTH STRATEGIES DURING THE REVIEW PERIOD ( 2017 – MARCH 2021)
10.2 MARKET EVALUATION FRAMEWORK
FIGURE 36 MARKET EVALUATION FRAMEWORK
10.3 MARKET SHARE ANALYSIS: AIR SEPARATION PLANT MARKET (2020)
10.3.1 MARKET SHARE ANALYSIS OF TOP PLAYERS IN AIR SEPARATION PLANT MARKET
FIGURE 37 TOP 5 PLAYERS IN AIR SEPARATION PLANT MARKET (2020)
TABLE 100 AIR SEPARATION PLANT MARKET: DEGREE OF COMPETITION
FIGURE 38 LINDE PLC CAPTURED LARGEST SHARE IN AIR SEPARATION PLANT MARKET IN 2020
10.3.2 REVENUE ANALYSIS OF TOP PLAYERS IN AIR SEPARATION PLANT MARKET
FIGURE 39 TOP 5 PLAYERS – REVENUE ANALYSIS (2017-2020)
10.4 COMPANY EVALUATION MATRIX, 2020
10.4.1 STAR
10.4.2 EMERGING LEADERS
10.4.3 PERVASIVE
10.4.4 PARTICIPANTS
FIGURE 40 AIR SEPARATION PLANT MARKET: COMPETITIVE LEADERSHIP MAPPING, 2020
10.5 COMPETITIVE BENCHMARKING
10.5.1 STRENGTH OF PRODUCT PORTFOLIO
FIGURE 41 PRODUCT PORTFOLIO OF TOP PLAYERS IN AIR SEPARATION PLANT MARKET
10.5.2 BUSINESS STRATEGY EXCELLENCE
FIGURE 42 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN AIR SEPARATION PLANT MARKET
10.6 SME MATRIX, 2020
10.6.1 PROGRESSIVE COMPANIES
10.6.2 DYNAMIC COMPANIES
10.6.3 RESPONSIVE COMPANIES
10.6.4 STARTING BLOCKS
FIGURE 43 AIR SEPARATION PLANT MARKET: SME COMPETITIVE LEADERSHIP MAPPING, 2020
TABLE 101 COMPANY INDUSTRY FOOTPRINT
TABLE 102 COMPANY PROCESS FOOTPRINT
TABLE 103 COMPANY REGION FOOTPRINT
TABLE 104 COMPANY OVERALL FOOTPRINT
10.7 KEY MARKET DEVELOPMENTS
TABLE 105 AIR SEPARATION PLANT MARKET: NEW PRODUCT, JANUARY 2017 – MARCH 2021
TABLE 106 AIR SEPARATION PLANT MARKET: DEALS, JANUARY 2017 – MARCH 2021
TABLE 107 AIR SEPARATION PLANT MARKET: OTHERS, JANUARY 2017 – MARCH 2021
11 COMPANY PROFILES (Page No. - 191)
11.1 KEY PLAYERS
(Business Overview, Financial assessment, Operational assessment, Products Offered, Recent Developments, COVID-19 related developments, Winning imperatives, MnM view, Current strategies, right to win)*
11.1.1 LINDE PLC
TABLE 108 LINDE PLC: COMPANY SNAPSHOT
FIGURE 44 LINDE PLC: COMPANY SNAPSHOT
11.1.2 AIR LIQUIDE SA
TABLE 109 AIR LIQUIDE SA: COMPANY SNAPSHOT
FIGURE 45 AIR LIQUIDE SA: COMPANY SNAPSHOT
11.1.3 AIR PRODUCTS AND CHEMICALS, INC.
TABLE 110 AIR PRODUCTS AND CHEMICALS, INC.: COMPANY SNAPSHOT
FIGURE 46 AIR PRODUCTS AND CHEMICALS, INC.: COMPANY SNAPSHOT
11.1.4 MESSER GROUP GMBH
TABLE 111 MESSER GROUP GMBH: COMPANY SNAPSHOT
FIGURE 47 MESSER GROUP GMBH: COMPANY SNAPSHOT
11.1.5 TAIYO NIPPON SANSO CORPORATION
TABLE 112 TAIYO NIPPON SANSO CORPORATION: COMPANY SNAPSHOT
FIGURE 48 TAIYO NIPPON SANSO CORPORATION: COMPANY SNAPSHOT
11.1.6 DAESUNG INDUSTRIAL CO., LTD.
TABLE 113 DAESUNG INDUSTRIAL CO., LTD.: COMPANY SNAPSHOT
FIGURE 49 DAESUNG INDUSTRIAL CO., LTD.: COMPANY SNAPSHOT
11.1.7 AIR WATER INC.
TABLE 114 AIR WATER, INC.: COMPANY SNAPSHOT
FIGURE 50 AIR WATER INC.: COMPANY SNAPSHOT
11.1.8 ENERFLEX LTD.
TABLE 115 ENERFLEX LTD.: COMPANY SNAPSHOT
FIGURE 51 ENERFLEX LTD.: COMPANY SNAPSHOT
11.1.9 YINGDE GASES GROUP CO., LTD.
TABLE 116 YINGDE GASES GROUP CO., LTD.: COMPANY SNAPSHOT
11.2 SME PROFILES
11.2.1 INOX AIR PRODUCTS PRIVATE LIMITED
TABLE 117 INOX AIR PRODUCTS PRIVATE LIMITED: COMPANY SNAPSHOT
11.2.2 HANGZHOU HANGYANG CO., LTD.
TABLE 118 HANGZHOU HANGYANG CO., LTD.: COMPANY SNAPSHOT
11.2.3 UNIVERSAL INDUSTRIAL GASES, INC.
TABLE 119 UNIVERSAL INDUSTRIAL GASES, INC.: COMPANY SNAPSHOT
11.2.4 NIKKISO COSMODYNE, LLC
TABLE 120 NIKKISO COSMODYNE, LLC: COMPANY SNAPSHOT
11.2.5 SIAD MACCHINE IMPIANTI S.P.A.
TABLE 121 SIAD MACCHINE IMPIANTI S.P.A.: COMPANY SNAPSHOT
11.3 OTHER COMPANIES
11.3.1 RANCH CRYOGENICS, INC.
11.3.2 TECHNEX LIMITED
11.3.3 PHOENIX EQUIPMENT CORPORATION
11.3.4 AMCS CORPORATION
11.3.5 UNIVERSAL ING. L. & A. BOSCHI PLANTS PRIVATE LIMITED
11.3.6 CHINA NATIONAL AIR SEPARATION PLANT CORPORATION
11.3.7 GAS ENGINEERING, LLC
11.3.8 CRYOTEC ANLAGENBAU GMBH
11.3.9 NOVAIR SAS
*Details on Business Overview, Financial assessment, Operational assessment, Products Offered, Recent Developments, COVID-19 related developments, Winning imperatives, MnM view, Current strategies, right to win might not be captured in case of unlisted companies.
12 APPENDIX (Page No. - 267)
12.1 DISCUSSION GUIDE
12.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
12.3 AVAILABLE CUSTOMIZATIONS
12.4 RELATED REPORTS
12.5 AUTHOR DETAILS
This research study involved four major activities in estimating the current market size for air separation plants. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both, top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation procedures were used to estimate the market size of segments and subsegments.
Secondary Research
In the secondary research process, various sources were referred to identify and collect information for this study. The secondary sources included annual reports, press releases, and investor presentations of companies; white papers, journals, and certified publications; and articles from recognized authors, directories, and databases. Data was also collected from publications by entities such as European Industrial Gas Association (EIGA), Compressed Gas Association (CGA), Asia Industrial Gas Association (AIGA), American Gas Association (AGA), and Gas Industries Association (GIA).
Primary Research
The air separation plant market comprises several stakeholders in the value chain, including raw material suppliers, product manufacturers, contractors, and end users. Various primary sources from the supply and demand sides were interviewed to obtain qualitative and quantitative information. The primary sources from the demand side included key opinion leaders in various end-use industries of the air separation plant market. The primary sources from the supply side included industry experts, such as chief executive officers (CEOs), vice presidents (VPs), marketing directors, and related key executives from various leading companies and organizations operating in the air separation plant market. Following is the breakdown of primary respondents interviewed:
To know about the assumptions considered for the study, download the pdf brochure
Market Estimation
Both, top-down and bottom-up approaches were used to estimate and validate the total size of the air separation plant market. These methods were also used extensively to estimate the size of the various subsegments in the market. The research methodology used to estimate the market size includes the following:
- The key players in the industry and market were identified through extensive secondary research
- The supply chain of the industry and the market size in terms of value were determined through primary and secondary research
- All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources
- All possible parameters that affect the markets covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data
- The research includes the study of reports, reviews, and newsletters of the key market players along with extensive interviews for opinions from leaders, such as directors and marketing executives
Data Triangulation
After arriving at the total market size, the overall market was split into several segments. A data triangulation procedure was employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for all segments. The data was triangulated by studying various factors and trends from the demand and supply sides. It was then verified through primary interviews.
Report Objectives
- To define, describe, and forecast the air separation plant market based on the process, gas, end-use industry, and region
- To provide detailed information regarding the key factors influencing the market growth, such as drivers, restraints, opportunities, and industry-specific challenges
- To strategically analyze the market with respect to individual growth trends, prospects, and contribution to the total market
- To analyze opportunities in the market for stakeholders and draw a competitive landscape of the market
- To forecast the market size in terms of value for main regions (along with countries), namely, Asia Pacific, North America, Europe, the Middle East & Africa, and South America
- To strategically profile key companies and comprehensively evaluate their current market share and core competencies
- To analyze competitive developments, such as acquisitions, agreements, contracts, divestments, expansions, investments, joint ventures, mergers, and new product launches, in the market
- To strategically identify and profile the key market players and analyze their core competencies*
Note: Core competencies of the companies are determined in terms of product offerings and business strategies adopted by them to sustain in the market.
The following customization options are available for the report
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Product Analysis
- Product matrix that gives a detailed comparison of the product portfolio of each company
Regional Analysis
- Further breakdown of a region with respect to a particular country
Company Information
- Detailed analysis and profiling of additional market players (up to five)
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Growth opportunities and latent adjacency in Air Separation Plant Market