Market research reports, consulting: Global Market Insights Inc.

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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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.
 

North America Non-Cryogenic Air Separation Unit 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

North America Non-Cryogenic Air Separation Unit Market Size, By Gas, 2022 - 2032, (USD Million)

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.
 

North America Non-Cryogenic Air Separation Unit Market Revenue Share,By End Use, 2023

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.
 

U.S. Non-Cryogenic Air Separation Unit Market Size, 2022 - 2032, (USD Million)

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

North America Non-Cryogenic Air Separation Unit Company Market Share Analysis, 2023   

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:

  • Air Liquide
  • Air Products
  • Air Water Inc.
  • AMCS Corporation
  • Enerflex
  • Linde
  • Messer
  • Praxair Technology
  • Ranch Cryogenics
  • SIAD Americas
  • Universal Industrial Gases
     

North America Non-Cryogenic Air Separation Unit Industry News

  • In June 2024, Air Products announced a plan to build two new air separation units (ASUs) at its existing facilities in Conyers, Georgia, and Reidsville, North Carolina. These new ASUs will replace older units, increase capacity at these sites, and are expected to be operational by 2026. These projects will improve the sustainability, productivity, and operational flexibility of the company’s core industrial gas operations, while reinforcing its ongoing commitment to the merchant industrial gas market.
     
  • In February 2024, Air Liquide announced an investment of over USD 140 million that will be used to build and operate an Air Separation Unit (ASU) in Quebec, Canada, aimed at supporting the expansion of the electric vehicle battery sector. This ASU will be powered by renewable electricity.
     

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:

Market, By Gas

  • Nitrogen
  • Oxygen
  • Argon
  • Others

Market, By End Use

  • Iron & Steel
  • Oil & Gas
  • Healthcare
  • Chemicals
  • Others

The above information has been provided for the following countries:

  • U.S.
  • Canada
  • Mexico

 

Authors: Avinash Singh, Sunita Singh
Frequently Asked Question(FAQ) :
What is the size of the North America non-cryogenic air separation unit industry?
North American market for non-cryogenic air separation unit was worth over USD 375.7 million in 2023 and will grow at 3.7% CAGR through 2032, owing to the increasing industrial demand for nitrogen.
Why is the demand for healthcare non-cryogenic air separation units growing in North America?
How big is the U.S. non-cryogenic air separation unit industry?
Mention the key players involved in the North America non-cryogenic air separation unit industry?
North America Non-Cryogenic Air Separation Unit Market Scope
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    Base Year: 2023

    Companies covered: 11

    Tables & Figures: 12

    Countries covered: 3

    Pages: 90

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