The ASU market is marked by both established global players and regional companies. Competition is driving innovation and efficiency, benefiting customers in terms of better technology and competitive pricing across the end use segment:
Linde plc
Air Products and Chemicals, Inc.
TAIYO NIPPON SANSO CORPORATION
Praxair Technology, Inc.
Technex
Ranch Cryogenics, Inc.
KaiFeng Air Separation Group Co.,LTD.
Air Liquide
Enerflex Ltd.
AMCS Corporation
Messer
Universal Industrial Gases, Inc.
Sichuan Air Separation Plant Group
AIR WATER INC
Yingde Gases
CRYOTEC Anlagenbau GmbH
Authors:
Ankit Gupta, Shashank Sisodia
Frequently Asked Questions (FAQ) :
The market size of air separation unit was worth USD 5.9 billion in 2023 and is set to record over 4.5% CAGR from 2024 to 2032.
The cryogenic process segment is poised to observe over 4.5% CAGR through 2032, owing to the growing industrial demand for hydrogen production.
Asia Pacific air separation unit market size is expected to record over 5.3% CAGR from 2023 to 2032, primarily propelled by the region's increasing involvement in climate mitigation and sustainability endeavors.
Linde plc, Air Products and Chemicals, Inc., TAIYO NIPPON SANSO CORPORATION, Praxair Technology, Inc., Technex, Ranch Cryogenics, Inc., KaiFeng Air Separation Group Co.,LTD., Air Liquide, Enerflex Ltd., AMCS Corporation., and Messer, Universal Industrial Gases, Inc., Sichuan Air Separation Plant Group, AIR WATER INC., Yingde Gases, and CRYOTEC Anlagenbau GmbH.