Global Air Separation Unit Market 2020 Top countries data Industry Size, Share, Business Growth, Revenue, Trends, Market Demand Penetration and Forecast to By 360 Market Updates

Posted on Sep 28 2020 4:59 AM

"The points that are discussed within the report are the major market players that are involved in the Air Separation Unit market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc. The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail. Data and information by manufacturer, by region, by type, by application is given and custom research can be added according to specific requirements."

Global “Air Separation Unit Market” Size report 2020 - 2024 gives complete analysis of industry position and viewpoint of main regions based on of major key players, country, product types, and end industries. Air Separation Unit Market report categorizes the market based on manufacturers, regions, type and application. Air Separation Unit Report 2020 (value and volume) by company, regions, product types, end industries, history data and estimate data. Air Separation Unit Market report categorizes the market based on manufacturers, regions, type, and application. Air Separation Unit Market reports offer a detailed assessment of the Air Separation Unit including enabling technologies, current market situation, market assumptions, restraining factors.

Report focuses on the global market, especially in United States, Europe, China, Japan, South Korea, North America, and India. 

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Also, the Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions.

Top-List of Key-players in 2020 of Air Separation Unit Market:-

         ●      Linde AG
         ●      Messer Group GmbH
         ●      Praxair Inc.
         ●      Shanghai Chinllenge Gases Co. Ltd
         ●      Taiyo Nippon Sanso Corporation
         ●      Air Liquide S.A.
         ●      Air Products and Chemicals Inc.
         ●      Boschi Universal
         ●      Ellenbarrie Industrial Gases Ltd.
         ●      Enerflex Ltd.
         ●      Gas Engineering LLC.
         ●      Sichuan Air Separation Group
         ●      Yingde Gases Group Company Limited

The Global Air Separation Unit market swot is provided for the international markets including progress trends, competitive landscape breakdown, and key in regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.

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A typical air separation unit/plant divides atmospheric air into the three pure gaseous components of nitrogen (N2), oxygen (O2), and argon (Ar). In addition, the plant separates other rare inert gases (krypton, xenon, helium, neon) through cryogenic rectification of air. The growing demand for industrial & specialty gases in the oil & gas industry and increased purity level of gases, owing to technological advancements in distillation and filtration capabilities, are some of the factors that are expected to drive the air separation unit market during the forecast period.

Increasing Usage of Industrial Gases in Various Industries - Driving the Air Separation Unit Market

The demand for industrial gases, such as nitrogen, oxygen, argon, and others, have been increasing for application in various industries. Nitrogen is used to improve oil & gas recovery. One of the drivers for nitrogen demand is the expansion of the global infrastructure to enable the production, transport, and use of liquefied natural gas (LNG). Nitrogen has heavy usage at every stage of LNG supply chain. The increasing establishments of commercial gasification facilities will have massive oxygen requirements. Moreover, developments in the Oxyfuel Combustion process are expected to drive demand for tonnage oxygen, during 2018-2023 (the forecast period). The increasing usage in the electronic and food industries is accelerating the demand for argon, which is anticipated to drive the global demand for air separation units.

Asia-Pacific to Dominate the Market Growth

In 2016, Asia-Pacific accounted for the largest share of the global air separation unit market. The growth of Asia-Pacific can be attributed to the increasing demand for air separation units from the iron & steel, oil & gas and chemical end-user segments. This region is projected to dominate the global air separation unit market, during the forecast period. Moreover, North America is projected to be the fastest-growing region, during the forecast period. The stringent environmental regulations are also driving the market, owing to the increased use of pure oxygen over the ambient air, to burn coal or natural gas in power stations, in order, to promote clean technology initiatives and curb pollution, worldwide.

China to Dominate the Air Separation Unit Market in Asia-Pacific

In Asia Pacific, China dominates the air separation unit market. The increasing demand for industrial gases from industries, such as chemicals & fertilizers, petrochemicals, metal, electronics & semiconductors, refinery, automotive, and food & beverage, drives the demand for air separation unit in the country. In terms of demand, China dominates the chemical industry. The increasing demand for chemicals contributes majorly to the demand for industrial gases. Hence, the rising demand for industrial gases is expected to positively influence the demand for air separation unit in the country. In addition, China is increasing the production of steel to cater to the growing demand, which is likely to add to the demand for the air separation unit in the country in the coming years.

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The global Air Separation Unit market covers the vision of participant analysis by product types, market share, applications, sales, and revenue.

Highlighted points of Air Separation Unit Market Size:

         ●      Covers the varying market dynamics of the industry.
         ●      In-depth analysis of market risks, opportunities, limitations, and growth of the market.
         ●      Includes market driving and restraining factors.
         ●      Participants profiles along with product description, overview, and business data.
         ●      Include details of five years of forecast analysis by types, regions, and applications.

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Key Developments in the Air Separation Unit Market:

         ●      November 2017: Airgas USA LLC planned to construct a new air separation unit (ASU) in Mebane, North Carolina. The facility is expected to increase Airgas’ production capabilities in North Carolina’s research triangle area, while also strengthening its East Coast merchant gases network.

         ●      June 2017: Air Products and Linde entered into a joint venture to construct a USD 60 million "world-scale" air separation unit and industrial gas liquefier near Albany, New York.

         ●      June 2017: SINOPEC and The Linde Group signed a USD 162 million joint venture to strengthen air gases supply in China’s Ningbo Chemical Industrial Zone.

         ●      April 2017: Air Product’s joint venture INOX Air Products Ltd in India, planned to build six new air separation units (ASU), which is likely to serve the growing onsite and merchant liquid industrial gases market in India. The six plants are scheduled to come on-stream during the course of 2018 and 2019.

REASONS TO PURCHASE THIS REPORT


         ●      Identify the drivers, restraints, and opportunity possessed by the global air separation unit market with in-depth analysis.
         ●      Analyze the various perspectives of the market with the help of Porter’s five forces analysis.
         ●      Identify the most dominating process, gas and end-user applications with forecasted market estimate in the global air separation unit market.
         ●      Identify the largest, fastest-growing, and significant regions during the forecast period with in-depth analysis.
         ●      Identify the latest developments, market shares, and strategies employed by the major market players.
         ●      3 months of analyst support along with the Market Estimate sheet (in excel).

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Finally, the report Global Air Separation Unit Market 2020 describes the Air Separation Unit industry expansion game plan, the Air Separation Unit industry knowledge supply, appendix, analysis findings, and the conclusion.

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