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Asia Pacific Non-Cryogenic Air Separation Unit Market Share

  • Report ID: GMI11393
  • Published Date: Sep 2024
  • Report Format: PDF
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Asia Pacific Non-Cryogenic Air Separation Unit Market Share

Asia Pacific Non-Cryogenic Air Separation Unit Market Company Share, 2023

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Air Liquide, Sichuan Air Separation Plant Group, Linde Plc, AMCS Corporation, and TAIYO NIPPON SANSO CORPORATION are among the prominent players in the Asia Pacific non-cryogenic air separation unit (ASU) market. In the cryogenic ASU market, consolidation is evident as leading players undertake mergers, acquisitions, and strategic partnerships to bolster their market position and technological prowess.
 

Asia Pacific Non-Cryogenic Air Separation Unit Market Companies

Some of the key market players operating across the industry are:

  • Air Liquide
  • Air Products and Chemicals, Inc.
  • AIR WATER INC
  • AMCS Corporation
  • Enerflex Ltd.
  • INOX Air Products
  • KaiFeng Air Separation Group Co., LTD.
  • Linde plc
  • Messer
  • Praxair Technology, Inc.
  • Ranch Cryogenics, Inc.
  • Sichuan Air Separation Plant Group
  • TAIYO NIPPON SANSO CORPORATION
  • Universal Industrial Gases, Inc.
  • Yingde Gases
Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

The Asia Pacific Non-Cryogenic Air Separation Unit industry was worth USD 677.2 million in 2023 and is expected to grow at 4.4% CAGR from 2024 to 2032, driven by rising demand from sectors like healthcare, manufacturing, and energy.

The healthcare industry is a major driver, growing at a rate of over 3% by 2032. The increasing demand for medical oxygen in treatments, surgeries, and respiratory therapies is boosting the investment in non-cryogenic ASUs to ensure a reliable oxygen supply.

The nitrogen-based air separation unit market in the Asia Pacific region is projected to surpass USD 379 million by 2032. The growing need for nitrogen, especially in industries like metal cutting, welding, and chemicals, is driving this segment's growth.

China dominates the regional market and is projected to exceed USD 207 million by 2032. Factors such as rapid industrialization, urbanization, and growth in the manufacturing sectors, alongside the push for renewable energy sources like hydrogen, contribute to the increasing demand for non-cryogenic ASUs.

Key market players include Air Liquide, Linde Plc, TAIYO NIPPON SANSO CORPORATION, AMCS Corporation, and Sichuan Air Separation Plant Group. These companies are actively involved in mergers, acquisitions, and strategic partnerships to strengthen their market positions.

Asia Pacific Non-Cryogenic Air Separation Unit Market Scope

  • Asia Pacific Non-Cryogenic Air Separation Unit Market Size
  • Asia Pacific Non-Cryogenic Air Separation Unit Market Trends
  • Asia Pacific Non-Cryogenic Air Separation Unit Market Analysis
  • Asia Pacific Non-Cryogenic Air Separation Unit Market Share

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    Premium Report Details

    • Base Year: 2023
    • Companies covered: 15
    • Tables & Figures: 12
    • Countries covered: 5
    • Pages: 90
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