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