North America Non-Cryogenic Air Separation Unit Market Size - By Gas, By End Use, Analysis, Share, Growth Forecast, 2024 – 2032
Report ID: GMI11509
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Published Date: September 2024
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Report Format: PDF
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Base Year: 2023
Companies covered: 11
Tables & Figures: 12
Countries covered: 3
Pages: 90
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North America Non-Cryogenic Air Separation Unit Market Size
North America Non-Cryogenic Air Separation Unit Market was valued at USD 375.7 million in 2023 and is set to grow at 3.7% CAGR from 2024 to 2032. Increasing industrial demand for nitrogen along with product energy efficiency & low operating cost are the major growth driver for the market. Industries such as electronics, chemicals, and oil & gas have growing needs for nitrogen for various applications like inserting, blanketing, and purging. Non-cryogenic units provide a reliable, on-demand supply of nitrogen, which is essential for continuous operations in these sectors, driving growth in the market.
Non-cryogenic air separation methods including pressure swing adsorption (PSA) and vacuum swing adsorption (VSA), offer significant energy savings compared to cryogenic methods. Their ability to separate gases without the need for extreme temperatures reduces operational costs, making them appealing to industries seeking more sustainable and cost-efficient gas production solutions.
North America Non-Cryogenic Air Separation Unit Market Trends
The non-cryogenic air separation unit market in North America is growing rapidly driven by the energy sector's transition to renewable sources and hydrogen production. Clean energy initiatives in the region have increased the demand for non-cryogenic ASUs, which are essential for producing high-purity hydrogen used in electrolysis. These units also generate nitrogen, critical for applications including retaining inert atmospheres in power plants and enhanced oil recovery. Technological advancements in materials, automation, and process control have made non-cryogenic ASUs more efficient and cost-effective. As a result, their adoption across various industries is rising, supporting North America's shift towards cleaner energy solutions.
North America Non-Cryogenic Air Separation Unit Market Analysis
Based on gas, the nitrogen-based air separation unit industry is expected to surpass USD 197 million by 2032. Strict environmental regulations and the global emphasis on sustainability are accelerating the adoption of non-cryogenic ASUs. These units play a key role in processes aimed at reducing greenhouse gas emissions, including carbon capture and storage (CCS) and the production of low-carbon hydrogen.
Based on end use, the healthcare end use industry will grow at a CAGR of over 2.5% through 2032. The healthcare sector significantly propels the non-cryogenic Air Separation Unit (ASU) market. The COVID-19 pandemic highlighted the critical importance of medical oxygen, leading to increased investments in ASUs to ensure a stable supply. Beyond the pandemic, the growing utilization of oxygen in medical procedures, surgeries, and respiratory treatments continues to drive demand, further stimulating market expansion.
The U.S. non-cryogenic air separation unit market is projected to exceed USD 264 million by 2032, driven by strong demand from the healthcare, manufacturing, and energy sectors. Government initiatives & investments are promoting industrial growth and energy security further support expansion. The oil and gas industry with high demand for nitrogen and industrial gases used in enhanced oil recovery and refining processes is further fuelling the industry growth in the U.S.
Canada's growing oil and gas industry is driving demand for on-site gas production solutions, such as non-cryogenic air separation units, especially in remote or offshore locations where a reliable supply of industrial gases is essential. Strategic partnerships and contracts are set to further boost the market. For example, in July 2024, SIAD Engineering (Hangzhou) Co. Ltd., an affiliate of SIAD Americas decide to supply a 175 MTPD air separation unit to a facility in the Northwest Territories, providing gaseous and liquid oxygen and nitrogen.
North America Non-Cryogenic Air Separation Unit Market Share
Air Liquide, Air Products, AMCS Corporation, Linde, and Messer are major players in the North America non-cryogenic air separation unit industry. The cryogenic ASU market is experiencing consolidation as leading companies engage in mergers, acquisitions, and strategic partnerships. These collaborations aim to strengthen market positions, enhance technological capabilities, increase production capacities, expand into new markets, and develop innovative solutions to meet evolving customer needs,
North America Non-Cryogenic Air Separation Unit Market Companies
Major key players operating across the North America non-cryogenic air separation unit industry are:
North America Non-Cryogenic Air Separation Unit Industry News
This North America non-cryogenic air separation unit market research report includes an in–depth coverage of the industry with estimates & forecast in terms of revenue in ‘USD Million’ from 2021 to 2032, for the following segments:
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Market, By Gas
Market, By End Use
The above information has been provided for the following countries: