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Cryogenic Air Separation Unit Market Share

Report ID: GMI10781
Published Date: Aug 2024
Report Format: PDF

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Cryogenic Air Separation Unit Market Share

Cryogenic Air Separation Unit Company Market Share Analysis, 2023

The cryogenic ASU market is witnessing consolidation as major players engage in mergers, acquisitions, and strategic partnerships to enhance their market presence and technological capabilities. These collaborations are aimed at expanding production capacities, entering new markets, and developing innovative solutions to meet evolving customer needs.

Cryogenic Air Separation Unit Market Companies

Some of the key market players operating across the cryogenic air separation unit industry are:

Air Liquide
Air Products and Chemicals, Inc.
AIR WATER INC
AMCS Corporation
CRYOTEC Anlagenbau GmbH
Enerflex Ltd.
KaiFeng Air Separation Group Co.,LTD.
Linde plc
Messer
Praxair Technology, Inc.
Ranch Cryogenics, Inc.
Sichuan Air Separation Plant Group
TAIYO NIPPON SANSO CORPORATION
Technex
Universal Industrial Gases, Inc.
Yingde Gases

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

The market size of cryogenic air separation unit was worth over USD 4.1 billion in 2023 and is set to grow at a CAGR of over 4.9% from 2024 to 2032, driven by rising demand across various industries.

The nitrogen-based segment in the cryogenic air separation unit market is expected to surpass USD 2.2 billion by 2032, driven by stringent environmental regulations and the global push for sustainability.

Asia Pacific cryogenic air separation unit market is projected to exceed USD 2.3 billion by 2032, driven by rapid industrialization and urbanization.

Air Liquide, Air Products and Chemicals, Inc, AIR WATER INC, AMCS Corporation, CRYOTEC Anlagenbau GmbH, Enerflex Ltd, KaiFeng Air Separation Group Co., LTD, and Linde plc among others.