MARKET OVERVIEW
The air separation equipment market refers to the demand for equipment used for separating air into its various components such as nitrogen, oxygen, and argon. The increasing demand for industrial gases, particularly in the chemical and petrochemical industries, is driving the growth of the air separation equipment market. The rise in demand for these gases, which are used in various applications such as refrigeration, welding, and food packaging, is expected to drive the growth of the air separation equipment market in the coming years. The development of new and advanced air separation equipment, along with the increasing demand for industrial gases, is expected to create significant opportunities for air separation equipment market growth.
MARKET DYNAMICS
During the forecast period, the market is expected to grow due to increased government regulations regarding environmental protection and growth in industrial activities around the world. Moreover, rising demand of air separation equipment across industrial verticals is expected to fuel market growth during the forecast period. Whereas high investment and cost associated with utilization of air separation equipment is expected to restrain market growth during the forecast period.
MARKET SCOPE
The "Global Air Separation Equipment Market Analysis to 2028" is a specialized and in-depth study of the air separation equipment Market with a special focus on the global market trend analysis. The report aims to provide an overview of air separation equipment market with detailed market segmentation by product and application. The global air separation equipment market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading air separation equipment market player and offers key trends and opportunities in the air separation equipment market.
MARKET SEGMENTATION
The global air separation equipment market is segmented based on product and application. Based on product, the separation equipment market is segmented as, below 20 K CMPH, 20-60 K CMPH, above 60 K CMPH. Further, based on application the separation equipment market is segmented as, chemical industry, industry gas, metallurgy industry, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global air separation equipment market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The air separation equipment market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting air separation equipment Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the air separation equipment market in these regions.
MARKET PLAYERS
The reports cover key developments in the air separation equipment market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from air separation equipment market are anticipated to lucrative growth opportunities in the future with the rising demand for air separation equipment market. Below mentioned is the list of few companies engaged in the air separation equipment market.
The report also includes the profiles of key air separation equipment market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Linde Plc
- Air Liquide SA
- Air Products and Chemicals, Inc
- Taiyo Nippon Sanso Corporation
- Hangzhou Hangyang Co., Ltd
- Praxair
- Sichuan Air Separation
- Yingde Gases Group Co., Ltd
- JSC Cryogenmash
- Gas Engineering LLC