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MarketsandMarkets™
Air Separation Plant
Market worth 7.27
Billion USD by 2026
Air Separation Plant Market
Range & Application - 2026
January 2017
Air Separation Plant Market worth 7.27 Billion USD | Global
Forecast to 2026
The global Air Separation Plant Market is projected to reach USD 7.27 Billion by 2026, at a CAGR
of 5.3% between 2016 and 2026. This growth of this market can be attributed to the growing
demand from the metal fabrication industry in the developed economies, including the U.S. and
the European countries, coupled with the increasing expenditure on iron & steel production and
petrochemical industries in emerging economies including China, India, Brazil, South Africa, and
the UAE.
Browse 86 market data tables and 45 figures spread through 148 pages and in-depth TOC on
“Air Separation Plant Market"
https://www.marketsandmarkets.com/Market-Reports/air-separation-plant-market-
210435735.html
Early buyers will receive 10% customization on reports.
Air separation plants are used for purification of various components of air, in particular oxygen,
nitrogen, argon, and sometimes other rare inert gases. For air separation, effective sizing and
selection of separation equipment is always a combination of analytical modeling and empirical
observation.
Air separation plants are manufactured depending on what gases are produced, capacity, and
purity. The most apt process which has the least energy consumption and purchase price is
selected without neglecting the requirement in the end-use specifications. Cryogenic and non-
cryogenic are the two technologies that are used for air separation process, the most commonly
used technology being the cryogenic process. Cryogenic technology is a process of high energy
consumption.
Download PDF Brochure of the Report:
https://www.marketsandmarkets.com/pdfdownload.asp?id=210435735
The emerging economies have been focusing on industrialization over the last few decades.
Countries such as China, India, Indonesia, South Africa, and Brazil are transforming their
economies from being agriculture-based to manufacturing- and other industries-based. With the
emergence of new industries and technological developments in the manufacturing sector, the
need for effective air separation plant has increased significantly. The global air separation plant
market is projected to reach USD 7.27 billion by 2026, at a CAGR of 5.3% from 2016 to 2026.
On the basis of end users, the air separation plant market has been categorized into iron & steel,
oil & gas, chemical, healthcare, and others. The others segment includes food & beverage, glass,
and coal gasification industries.
Iron & steel segment dominated the air separation plant market in 2015 with a share of around
60%. This segment is expected to continue its dominance in the coming years owing to the high
demand from North America, South America, and Africa. Moreover, increasing demand for iron &
steel products from developing countries in Asia-Pacific and the Middle Eastern regions for
infrastructural development is also boosting the growth of the air separation plant market.
Ask for Sample Pages of the Report:
https://www.marketsandmarkets.com/requestsample.asp?id=210435735
The primary processes involved in air separation are cryogenic and non-cryogenic. Between 2016
and 2021, the cryogenic segment is projected to be the fastest-growing process segment owing to
the high demand from the iron & steel industry. The reliability of cryogenic ASU technology is
very high, often exceeding 99%, which has increased its demand from fabricated metals and
alloys industry across the globe. In addition, increasing dependency on pure gases for enhancing
end products and rapid industrialization are expected to drive this segment during the next five
years.
In 2015, Asia-Pacific dominated the global air separation plant market, followed by North America
and Europe. Asia-Pacific is also the fastest-growing air separation plant market. The air separation
plant market is developed in North America and Europe, while in China, India, and other APAC
countries, this market is projected to grow significantly from 2016 to 2021. These countries are
transforming their economies from agriculture-based to manufacturing and other industry-based
economies. The growth of the Asia-Pacific region is supplemented by the expansion of the metal
fabrication industry, growth of the chemical and electronics sectors, coupled with the growing
medical/healthcare industry in developing economies such as Indonesia, India, and China.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche
opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently
servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients.
Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for
their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth
markets following the "Growth Engagement Model – GEM". The GEM aims at proactive
collaboration with the clients to identify new opportunities, identify most important customers,
write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the
company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants
(Positioning top players across leaders, emerging companies, innovators, strategic players)
annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more
than 10,000 companies this year for their revenue planning and help them take their
innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform,
"Knowledgestore" connects over 200,000 markets and entire value chains for deeper
understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email ID: newsletter@marketsandmarkets.com
Website: https://www.marketsandmarkets.com

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Air Separation Plant Market Worth $7.27B

  • 1. MarketsandMarkets™ Air Separation Plant Market worth 7.27 Billion USD by 2026 Air Separation Plant Market Range & Application - 2026 January 2017
  • 2. Air Separation Plant Market worth 7.27 Billion USD | Global Forecast to 2026 The global Air Separation Plant Market is projected to reach USD 7.27 Billion by 2026, at a CAGR of 5.3% between 2016 and 2026. This growth of this market can be attributed to the growing demand from the metal fabrication industry in the developed economies, including the U.S. and the European countries, coupled with the increasing expenditure on iron & steel production and petrochemical industries in emerging economies including China, India, Brazil, South Africa, and the UAE. Browse 86 market data tables and 45 figures spread through 148 pages and in-depth TOC on “Air Separation Plant Market" https://www.marketsandmarkets.com/Market-Reports/air-separation-plant-market- 210435735.html Early buyers will receive 10% customization on reports. Air separation plants are used for purification of various components of air, in particular oxygen, nitrogen, argon, and sometimes other rare inert gases. For air separation, effective sizing and selection of separation equipment is always a combination of analytical modeling and empirical observation. Air separation plants are manufactured depending on what gases are produced, capacity, and purity. The most apt process which has the least energy consumption and purchase price is selected without neglecting the requirement in the end-use specifications. Cryogenic and non- cryogenic are the two technologies that are used for air separation process, the most commonly used technology being the cryogenic process. Cryogenic technology is a process of high energy consumption. Download PDF Brochure of the Report: https://www.marketsandmarkets.com/pdfdownload.asp?id=210435735 The emerging economies have been focusing on industrialization over the last few decades. Countries such as China, India, Indonesia, South Africa, and Brazil are transforming their economies from being agriculture-based to manufacturing- and other industries-based. With the emergence of new industries and technological developments in the manufacturing sector, the need for effective air separation plant has increased significantly. The global air separation plant market is projected to reach USD 7.27 billion by 2026, at a CAGR of 5.3% from 2016 to 2026. On the basis of end users, the air separation plant market has been categorized into iron & steel, oil & gas, chemical, healthcare, and others. The others segment includes food & beverage, glass, and coal gasification industries.
  • 3. Iron & steel segment dominated the air separation plant market in 2015 with a share of around 60%. This segment is expected to continue its dominance in the coming years owing to the high demand from North America, South America, and Africa. Moreover, increasing demand for iron & steel products from developing countries in Asia-Pacific and the Middle Eastern regions for infrastructural development is also boosting the growth of the air separation plant market. Ask for Sample Pages of the Report: https://www.marketsandmarkets.com/requestsample.asp?id=210435735 The primary processes involved in air separation are cryogenic and non-cryogenic. Between 2016 and 2021, the cryogenic segment is projected to be the fastest-growing process segment owing to the high demand from the iron & steel industry. The reliability of cryogenic ASU technology is very high, often exceeding 99%, which has increased its demand from fabricated metals and alloys industry across the globe. In addition, increasing dependency on pure gases for enhancing end products and rapid industrialization are expected to drive this segment during the next five years. In 2015, Asia-Pacific dominated the global air separation plant market, followed by North America and Europe. Asia-Pacific is also the fastest-growing air separation plant market. The air separation plant market is developed in North America and Europe, while in China, India, and other APAC countries, this market is projected to grow significantly from 2016 to 2021. These countries are transforming their economies from agriculture-based to manufacturing and other industry-based economies. The growth of the Asia-Pacific region is supplemented by the expansion of the metal fabrication industry, growth of the chemical and electronics sectors, coupled with the growing medical/healthcare industry in developing economies such as Indonesia, India, and China. About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
  • 4. Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: 1-888-600-6441 Email ID: newsletter@marketsandmarkets.com Website: https://www.marketsandmarkets.com