What is Air Separation Unit?
The air separation unit is an energy-intensive plant for the production of nitrogen, oxygen, and argon with different qualities. The layout of the air separation unit usually consists of a compression section, a refrigeration section and a separate section where the air is separated into its main compounds with different specifications according to the market requirements. The air separation unit is constructed in different forms depending on what products are produced, purity, and production capacity. Increasing demand for industrial gases has led to significant growth of the air separation market in the forecast period.
The market study is broken down by Type (Cryogenic Distillation and Non-cryogenic Distillation) and major geographies with country level break-up.
The Manufacturers having a strong hold in the market are Air Liquide SA, Air Products & Chemicals Inc., Linde AG. and Messer Group GmbH. Analysts at AMA Research estimates that Manufacturers from Asian and European will contribute to the maximum growth of Global Air Separation Unit market throughout the predicted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Air Liquide SA (France), Air Products & Chemicals Inc. (United States), Linde AG (Germany), Messer Group GmbH (Germany), Praxair Inc. (United States), Shanghai Chinllenge Gases Co. Ltd (China), Taiyo Nippon Sanso Corporation (Japan), Universal Industrial Plants Mfg. Co. Pvt Ltd (India), Ellenbarrie industrial Gases (India) and Sichuan Air Separation Plant Group (China) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Inox Air Products (India), Iwatani Corporation (Japan) and Taiyo Nippon Sanso Corporation (Japan).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Air Separation Unit market by Type, Application and Region.
On the basis of geography, the market of Air Separation Unit has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Use Verticals, the sub-segment i.e. Oil & Gas Industry will boost the Air Separation Unit market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Gas, the sub-segment i.e. Nitrogen will boost the Air Separation Unit market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
On 29th October 2019, Linde has announced that it started up two plants to supply oxygen and nitrogen to Taixing Jinyan Chemical Technology Co., Ltd. (Taixing Jinyan) to support the production of ethylene oxide.
Market Trend
- Increase the Oil production, Including EOR Techniques, which is Expected to Drive the Demand for Industrial Gasses
Market Drivers
- Rising Demand for Industrial Gases Globally
- Increasing Need for Alternate Energy Sources in the Developed and Developing Countries
Opportunities
- The Increase in Industrial Development Activities in Emerging Economies
Challenges
- High Cost Associated with Air Separation Unit
Key Target Audience
Air Separation Unit Manufacturers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors and Other
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.