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Gas Purification System Market Share

Report ID: GMI11332
Published Date: Sep 2024
Report Format: PDF

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Gas Purification System Market Share

Global Gas Purification System Company Market Share Analysis, 2023

Major players like Linde plc, Air Products and Chemicals, Inc., Honeywell International Inc., Parker Hannifin Corporation, and Siemens AG dominate the gas purification system industry, yet it remains fragmented. This fragmentation occurs because many industries such as petrochemicals, pharmaceuticals, electronics, and energy use gas purification systems, each requiring specific solutions. Different technologies like activated carbon, molecular sieves, desiccants, catalytic oxidation, and membrane separation also contribute to the market's fragmentation. Local and regional players play a crucial role due to varying regulatory requirements and industrial needs in different regions. Additionally, new companies and startups focusing on innovative technologies and niche applications add to the market's diversity.

Gas Purification System Market Companies

Major players operating in the gas purification system industry include:

Air Products and Chemicals, Inc.
Parker Hannifin Corporation
Honeywell International Inc.
Linde plc
Siemens AG
Corys
Messer Group GmbH
Graham Corporation
VICI AG International
Entegris, Inc.
Thermo Fisher Scientific Inc.
SABIA Inc.
Aerus Technologies
Purification Solutions Inc.
Haldor Topsoe A/S

Authors: Avinash Singh , Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of gas purification system was worth over USD 996.6 million in 2023 and is anticipated to register 4.4% CAGR between 2024 and 2032, driven by rising demand for ultra-high purity gases.

The membrane separation segment in gas purification system market is expected to reach USD 557.12 million by 2032, due to its efficiency, scalability, and cost-effectiveness.

Asia-Pacific gas purification system market held 39.84% revenue share in 2023, due to rapid industrial growth and a growing energy sector.

Air Products and Chemicals, Inc., Parker Hannifin Corporation, Honeywell International Inc., Linde plc, Siemens AG, Corys, Messer Group GmbH, Graham Corporation, and VICI AG International, among others.