Dec 18, 2020   SOURCE: BusinessWire

Global Air Separation Plants Markets, 2020-2027: Focus on Key Players - Air Liquide, Linde, Praxair, Air Products and Chemicals, Yingde Gases Group - ResearchAndMarkets.com

The "Air Separation Plants - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Air Separation Plants Market to Reach $6.3 Billion by 2027

Amid the COVID-19 crisis, the global market for Air Separation Plants estimated at US$4.9 Billion in the year 2020, is projected to reach a revised size of US$6.3 Billion by 2027, growing at a CAGR of 3.7% over the period 2020-2027.

Cryogenic, one of the segments analyzed in the report, is projected to record 4.2% CAGR and reach US$4.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-Cryogenic segment is readjusted to a revised 2.7% CAGR for the next 7-year period.

The U. S. Market is Estimated at $1.3 Billion, While China is Forecast to Grow at 6.8% CAGR

The Air Separation Plants market in the U. S. is estimated at US$1.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.3 Billion by the year 2027 trailing a CAGR of 6.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.1% and 2.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.9% CAGR.

The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Air Separation Plant: A Prelude
  • Global Competitor Market Shares
  • Air Separation Plant Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

  • Air Liquide SA
  • Air Products and Chemicals, Inc.
  • Enerflex Ltd.
  • Linde AG
  • Messer Group GmbH
  • Praxair, Inc.
  • Taiyo Nippon Sanso Corporation
  • Technex Ltd.
  • Universal Industrial Gases, Inc.
  • Yingde Gases Group Co., Ltd.

3. MARKET TRENDS & DRIVERS

  • Iron & Steel Industry: The Largest End-Use Sector for Air Separation Plant Market
  • Global Crude Steel Production in Million Tonnes for the Years 2007 through 2018
  • Global Crude Steel Production in Million Tonnes by Leading Countries for the Years 2017 and 2018
  • Cryogenic Air Separation Plant Finds Increasing Application in Oil & Gas Industry: A Business Case for the Market
  • Global Crude Oil Production in Million Tonnes for the Years 2010 through 2018
  • Global Natural Gas Production in Million Tonnes for the Years 2010 through 2018
  • Rise in Demand for Gases in Chemical Industry Favors Market Growth
  • Global Specialty Chemicals Market: Revenues in US$ Billion for the Years 2016, 2018, 2020 and 2022
  • Growing Demand for Oxygen Plants in Medical Sector Augurs Well for Air Separation Plant Market
  • Global Medical Gases Market: Revenues in US$ Million by Region for the Years 2019 and 2024
  • Surge in Demand for Plasma Display Channels and Photovoltaic Products Offer Better Prospects for Market Growth
  • Global Photovoltaics Market: Revenues in US$ Billion for the Years 2016, 2018, 2020, 2022 and 2024
  • Stringent Safety and Environmental Regulations in the Industrial Sector Boosts Demand for Air Separation Plant
  • Growth Prospects in Industrial Sector Boosts Demand for Air Separation Plant in Middle East & Africa
  • Percentage of GDP in Middle East and North Africa by Select Countries for the Years 2016 through 2020
  • Increasing Demand in Developing Countries such as India and China Augurs Well for Air Separation Plant Market
  • Innovations and Advancements
  • Product Overview
  • Air Separation Plant: An Insight
  • Air Separation Plant by Process
  • Cryogenic
  • Non-Cryogenic

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

IV. COMPETITION

  • Total Companies Profiled: 41

For more information about this report visit https://www.researchandmarkets.com/r/mt1k5l