Market Overview:
The global high purity air products market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for high purity air products from various end-use industries, such as food freezing, plastic and rubber deflashing, medical and healthcare, metal manufacturing, chemicals and petroleum uses. In addition, the growing demand for nitrogen gas in the oil & gas industry is also contributing to the growth of this market. However, factors such as stringent government regulations related to emissions and environmental concerns may restrain the growth of this market during the forecast period.
Product Definition:
A product with a high degree of purity has few or no contaminants. This type of air is often used in medical and laboratory settings, as well as in manufacturing processes that require a clean environment.
Nitrogen:
Nitrogen is a chemical element that is often represented by the symbol N2. Nitrogen makes up a small part of the atmosphere, but is an important component in both plant and animal life. It plays an essential role in the growth and development of plants as well as animals, including humans. In terms of pure nitrogen gas, it can be used for industrial processes or to make fertilizers which are further used to grow crops for food consumption or other purposes like manufacturing plastics & chemicals etc.
Oxygen:
Oxygen is the primary component of any high purity air product. It is used in various applications such as oxygen generation, purification and desulphurization process, carbon monoxide removal process and others. Oxygen has different forms which include liquid (Liquid Oxygen Concentrate - LOC), gas (Oxygen Gas) and solid (Cryogenic Storage OX). The most commonly used form of oxygen by High Purity Air Products Inc.
Application Insights:
The global market is segmented by application into food freezing, plastic and rubber deflashing, medical and healthcare, metal manufacturing, chemicals and petroleum uses. The foodfreezing application segment dominated the overall industry in terms of revenue share in 2017. This high purity air products are used for cooling applications in the food industry including fruit preservation as well as short-term storage of perishable foods such as meat, poultry and seafood.
High purity oxygen is widely used across several end-use industries including pharmaceuticals where it is employed for sterilization purposes or to cleanroom equipment prior to its use on patients or laboratory animals. In addition, this gas also finds widespread usage across several other industries such as electronics where it is utilized for cleaning electronic components before they are assembled into finished products which increases production efficiency significantly.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to increasing demand for high purity air products from various end-use industries such as food and beverage, medical and healthcare, metal manufacturing, etc. In North America, Mexico is anticipated to be one of the major markets over the next eight years owing to rapid industrialization along with growing demand for HPA from various end-use industries such as food freezing and plastic and rubber deflashing applications.
Growth Factors:
- Increasing demand from the electronics and semiconductor industry for high purity air products is expected to drive the market growth.
- Growing demand for medical gases, especially in developed countries is another major factor that is expected to fuel the market growth over the forecast period.
- Stringent government regulations pertaining to air quality are also anticipated to propel the market growth during the forecast period.
- Rapid industrialization and urbanization in emerging economies are likely to create new opportunities for High Purity Air Products manufacturers in these regions over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
High Purity Air Products Market Research Report
By Type
Nitrogen, Oxygen, Inert Gas, Others
By Application
Food Freezing, Plastic and Rubber Deflashing, Medical and Healthcare, Metal Manufacturing, Chemicals and Petroleum Uses
By Companies
Linde, Air Liquide, Air Products and Chemicals Inc, Taiyo Nippon Sanso, Messer Group, Yingde Gases, Hangzhou Hangyang, Sichuan Qiaoyuan Gas, Linde
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global High Purity Air Products Market Report Segments:
The global High Purity Air Products market is segmented on the basis of:
Types
Nitrogen, Oxygen, Inert Gas, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food Freezing, Plastic and Rubber Deflashing, Medical and Healthcare, Metal Manufacturing, Chemicals and Petroleum Uses
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Linde
- Air Liquide
- Air Products and Chemicals Inc
- Taiyo Nippon Sanso
- Messer Group
- Yingde Gases
- Hangzhou Hangyang
- Sichuan Qiaoyuan Gas
- Linde
Highlights of The High Purity Air Products Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Nitrogen
- Oxygen
- Inert Gas
- Others
- By Application:
- Food Freezing
- Plastic and Rubber Deflashing
- Medical and Healthcare
- Metal Manufacturing
- Chemicals and Petroleum Uses
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High Purity Air Products Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
High Purity Air Products is a company that manufactures air purifiers and other environmental products.
Some of the major companies in the high purity air products market are Linde, Air Liquide, Air Products and Chemicals Inc, Taiyo Nippon Sanso, Messer Group, Yingde Gases, Hangzhou Hangyang, Sichuan Qiaoyuan Gas, Linde.
The high purity air products market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Purity Air Products Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 High Purity Air Products Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Purity Air Products Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the High Purity Air Products Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global High Purity Air Products Market Size & Forecast, 2018-2028
4.5.1 High Purity Air Products Market Size and Y-o-Y Growth
4.5.2 High Purity Air Products Market Absolute $ Opportunity
Chapter 5 Global High Purity Air Products Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 High Purity Air Products Market Size Forecast by Type
5.2.1 Nitrogen
5.2.2 Oxygen
5.2.3 Inert Gas
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global High Purity Air Products Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 High Purity Air Products Market Size Forecast by Applications
6.2.1 Food Freezing
6.2.2 Plastic and Rubber Deflashing
6.2.3 Medical and Healthcare
6.2.4 Metal Manufacturing
6.2.5 Chemicals and Petroleum Uses
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Purity Air Products Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 High Purity Air Products Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America High Purity Air Products Analysis and Forecast
9.1 Introduction
9.2 North America High Purity Air Products Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America High Purity Air Products Market Size Forecast by Type
9.6.1 Nitrogen
9.6.2 Oxygen
9.6.3 Inert Gas
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America High Purity Air Products Market Size Forecast by Applications
9.10.1 Food Freezing
9.10.2 Plastic and Rubber Deflashing
9.10.3 Medical and Healthcare
9.10.4 Metal Manufacturing
9.10.5 Chemicals and Petroleum Uses
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe High Purity Air Products Analysis and Forecast
10.1 Introduction
10.2 Europe High Purity Air Products Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe High Purity Air Products Market Size Forecast by Type
10.6.1 Nitrogen
10.6.2 Oxygen
10.6.3 Inert Gas
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe High Purity Air Products Market Size Forecast by Applications
10.10.1 Food Freezing
10.10.2 Plastic and Rubber Deflashing
10.10.3 Medical and Healthcare
10.10.4 Metal Manufacturing
10.10.5 Chemicals and Petroleum Uses
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific High Purity Air Products Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific High Purity Air Products Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific High Purity Air Products Market Size Forecast by Type
11.6.1 Nitrogen
11.6.2 Oxygen
11.6.3 Inert Gas
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific High Purity Air Products Market Size Forecast by Applications
11.10.1 Food Freezing
11.10.2 Plastic and Rubber Deflashing
11.10.3 Medical and Healthcare
11.10.4 Metal Manufacturing
11.10.5 Chemicals and Petroleum Uses
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America High Purity Air Products Analysis and Forecast
12.1 Introduction
12.2 Latin America High Purity Air Products Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America High Purity Air Products Market Size Forecast by Type
12.6.1 Nitrogen
12.6.2 Oxygen
12.6.3 Inert Gas
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America High Purity Air Products Market Size Forecast by Applications
12.10.1 Food Freezing
12.10.2 Plastic and Rubber Deflashing
12.10.3 Medical and Healthcare
12.10.4 Metal Manufacturing
12.10.5 Chemicals and Petroleum Uses
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) High Purity Air Products Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) High Purity Air Products Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) High Purity Air Products Market Size Forecast by Type
13.6.1 Nitrogen
13.6.2 Oxygen
13.6.3 Inert Gas
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) High Purity Air Products Market Size Forecast by Applications
13.10.1 Food Freezing
13.10.2 Plastic and Rubber Deflashing
13.10.3 Medical and Healthcare
13.10.4 Metal Manufacturing
13.10.5 Chemicals and Petroleum Uses
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 High Purity Air Products Market: Competitive Dashboard
14.2 Global High Purity Air Products Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Linde
14.3.2 Air Liquide
14.3.3 Air Products and Chemicals Inc
14.3.4 Taiyo Nippon Sanso
14.3.5 Messer Group
14.3.6 Yingde Gases
14.3.7 Hangzhou Hangyang
14.3.8 Sichuan Qiaoyuan Gas
14.3.9 Linde
