Get a free sample of Asia Pacific Non-Cryogenic Air Separation Unit Market
Thank you!
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Get a free sample of Asia Pacific Non-Cryogenic Air Separation Unit Market
Thank you!
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Asia Pacific Non-Cryogenic Air Separation Unit Market Share
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
What is the projected growth rate of the Asia Pacific Non-Cryogenic Air Separation Unit Market?
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.
Which industry is a major driver of the Asia Pacific Non-Cryogenic Air Separation Unit market?
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.
What is the forecasted market size for nitrogen-based air separation units in the Asia Pacific region?
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.
Which companies are prominent players in the Asia Pacific Non-Cryogenic Air Separation Unit industry?
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.
How does China contribute to the growth of the Asia Pacific Non-Cryogenic ASU Market?
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.