Quick Summary:
Dive into the universe of the Non-Cryogenic Air Separation Plants market, a promising and continuously developing market landscape projected to reach an impressive US$1.4 Billion by 2030. Backed by a rich industrial application range, including metallurgy projected to record a 3.8% CAGR, this report provides an in-depth look at the ever-evolving industry.
The global market, which was estimated at US$1.1 Billion in 2022, clearly indicates an upward trend in key regions such as the U.S. and China. Our comprehensive study provides empirical data and insights into areas like the U.S., where the market is estimated at $284.9 Million, or China, where there's a anticipatory growth at 5.2% CAGR.
The report isn’t limited to raw data, but details key players like Air Liquide SA, Linde AG, and Messer Group GmbH, offering a crucial competitive analysis. With additional features including online interactive peer-to-peer collaborative bespoke updates, this report is an essential choice for a strategically sound investment. The surging demand for market research reports paired with free updates for a year makes this an indispensable tool on your path to business success.
Global Non-Cryogenic Air Separation Plants Market to Reach $1.4 Billion by 2030
The global market for Non-Cryogenic Air Separation Plants estimated at US$1.1 Billion in the year 2022, is projected to reach a revised size of US$1.4 Billion by 2030, growing at a CAGR of 3.5% over the analysis period 2022-2030. Metallurgy, one of the segments analyzed in the report, is projected to record 3.8% CAGR and reach US$498 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Oil & Gas segment is readjusted to a revised 3.3% CAGR for the next 8-year period.
The U.S. Market is Estimated at $284.9 Million, While China is Forecast to Grow at 5.2% CAGR
The Non-Cryogenic Air Separation Plants market in the U.S. is estimated at US$284.9 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$283.7 Million by the year 2030 trailing a CAGR of 5.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.2% and 2.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.6% CAGR.Select Competitors (Total 43 Featured) -
- Air Liquide SA
- Linde AG
- Messer Group GmbH
- PCI
- Praxair, Inc.
- Universal Industrial Gases, Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Non-Cryogenic Air Separation Plants?
What is the growth rate of the Global Market for Non-Cryogenic Air Separation Plants?
What is the forecasted size of the Global Market for Non-Cryogenic Air Separation Plants?
Who are the key companies in the Global Market for Non-Cryogenic Air Separation Plants?
| Report Attribute | Details |
|---|---|
| No. of Pages | 293 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 1.1 Billion |
| Forecasted Market Value ( USD | $ 1.4 Billion |
| Compound Annual Growth Rate | 3.1% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Air Liquide SA
- Linde AG
- Messer Group GmbH
- PCI
- Praxair, Inc.
- Universal Industrial Gases, Inc.
