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North America Non-Cryogenic Air Separation Unit Market Trends

Report ID: GMI11509
Published Date: Sep 2024
Report Format: PDF

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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.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

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.

The healthcare segment in the North America non-cryogenic air separation unit market will grow at over 2.5% CAGR through 2032, due to the critical importance of medical oxygen.

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.

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