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Oil & Gas Air Separation Unit Market Share

Report ID: GMI11431
Published Date: Sep 2024
Report Format: PDF

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Oil & Gas Air Separation Unit Market Share

Oil & Gas Air Separation Unit Company Market Share Analysis, 2023

Major players in the oil & gas air separation unit industry include Air Liquide, Linde, AMCS, Cryotec Anlagenbau, and Taiyo Nippon Sanso Corporation. These companies are increasingly integrating ASUs into their production processes to ensure a steady gas supply and boost their competitive edge. This trend is set to fuel significant growth in the ASU market down the line.

Oil & Gas Air Separation Unit Market Companies

Major key players operating across the oil & gas air separation unit industry are:

Air Liquide
Air Products and Chemicals
Air Water
AMCS
Cryotec Anlagenbau
Enerflex
Kaifeng Air Separation Group
Linde
Messer
Praxair Technology
Ranch Cryogenics
Sichuan Air Separation Plant Group
Taiyo Nippon Sanso
Technex
Universal Industrial Gases
Yingde Gases

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of oil & gas air separation unit was worth over USD 864.5 million in 2023 and is projected to grow at a CAGR of 4% from 2024 to 2032, driven by the increasing demand for hydrogen production, oil refinery operations, and the adoption of ASUs in the oil and gas industry.

Nitrogen gas is expected to grow at a rate of over 4% through 2032, due to the increasing focus on sustainability and regulatory compliance

The U.S. oil & gas air separation unit market is projected to surpass USD 135 million by 2032. This growth is driven by robust exploration activities, rising energy demands, and the need for high-purity gases in enhanced oil recovery and refining processes.

Major companies in the oil & gas ASU market include Air Liquide, Linde, AMCS, Cryotec Anlagenbau, and Taiyo Nippon Sanso Corporation. These companies are integrating advanced ASU technologies into their production processes to secure a steady supply of gases and strengthen their competitive position.