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An Air Separation Device separates atmospheric air into its primary components, typically nitrogen and oxygen, and sometimes also argon and other rare inert gases.
LPI (LP Information)' newest research report, the "Air Separation Device Industry Forecast" looks at past sales and reviews total world Air Separation Device sales in 2022, providing a comprehensive analysis by region and market sector of projected Air Separation Device sales for 2023 through 2029. With Air Separation Device sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Air Separation Device industry.
This Insight Report provides a comprehensive analysis of the global Air Separation Device landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Air Separation Device portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Air Separation Device market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Air Separation Device and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Air Separation Device.
The global Air Separation Device market size is projected to grow from US$ 3575.4 million in 2022 to US$ 5382 million in 2029; it is expected to grow at a CAGR of 5382 from 2023 to 2029.
For the major players of Air Separation Device, Linde maintained its first place in the ranking in 2019. Followed by Air Liquide, Hangyang Group, Praxair and Sichuan Air Separation. The Top 5 players accounted for about 55% of the Global Air Separation Device revenue market share in 2019.
In terms of region, the revenue market for Air Separation Device was divided into five geographic regions. Asia-Pacific occupied the largest revenue market share with nearly 44% in 2019. It is followed by Europe and North America. Other regions have smaller market.
On the basis of product type, 20-60 K CMPH segment is projected to account for the largest revenue market share; this segment account for 59% share in 2019 in terms of revenue.
This report presents a comprehensive overview, market shares, and growth opportunities of Air Separation Device market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
- Below 20 K CMPH
- 20-60 K CMPH
- Above 60 K CMPH
Segmentation by application
- Chemical Industry
- Industry Gas
- Metallurgy Industry
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- Linde
- Air Liquide
- Hangyang Group
- Praxair
- Sichuan Air Separation
- Air Products
- HNEC
- Taiyo Nippon Sanso
- Messer
Key Questions Addressed in this Report
What is the 10-year outlook for the global Air Separation Device market?
What factors are driving Air Separation Device market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Air Separation Device market opportunities vary by end market size?
How does Air Separation Device break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?