Home > Industrial Machinery > Industrial Equipment > Non-Cryogenic Air Separation Unit Market

Non-Cryogenic Air Separation Unit Market Trends

Report ID: GMI9885
Published Date: Jun 2024
Report Format: PDF

Download Free Sample

Non-Cryogenic Air Separation Unit Market Trends

The energy sector, particularly the growth of renewable energy and hydrogen production, is boosting demand for non-cryogenic ASUs. Hydrogen, often produced through electrolysis, requires non-cryogenic separation to achieve sufficient purity. Additionally, nitrogen is used in various energy applications, including enhanced oil recovery and maintaining inert atmospheres in power plants. Moreover, technological innovations are enhancing the efficiency and capabilities of non-cryogenic ASUs. Advances in materials science, automation, and process control are leading to more efficient and cost-effective units. These improvements are reducing operational costs and increasing the appeal of non-cryogenic ASUs across various industries.

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

The market size of non-cryogenic air separation unit was reached USD 1.7 billion in 2023 and will grow at 3.5% CAGR during 2024 to 2032, driven by rising demand across various industries, including healthcare, manufacturing, and energy.

Nitrogen-based non-cryogenic air separation unit market is expected to surpass USD 900 million by 2032, owing to stringent environmental regulations and the global push for sustainability.

Asia Pacific non-cryogenic air separation unit market recorded robust growth in 2023 and is projected to exceed USD 607 million by 2032, driven by rapid industrialization, urbanization, and growth in the manufacturing sectors.

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.