Market Overview:
The global air separation device market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The market growth is attributed to the increasing demand for oxygen and nitrogen in various industries such as chemical, industry gas, and metallurgy. In terms of type, the market is segmented into below 20 K CMPH, 20-60 K CMPH, and above 60 K CMPH segments. The below 20 K CMPH segment held the largest share of the global air separation device market in 2017 and is projected to grow at a highest rate during the forecast period. This can be attributed to the growing demand for oxygen in medical applications across regions such as North America and Europe.
Product Definition:
An air separation device is a piece of technology used to extract oxygen from the air. This is important for many reasons, including providing patients with oxygen in hospitals and helping astronauts breathe in space.
Below 20 K CMPH:
Below 20 K CMPH is the temperature range where the molecular movement in a gas is slow compared to atomic or molecular movement. In air separation, below 20 K CMPH plays an important role as it provides thermal stability and low-temperature performance to the system. The growth factor of below 20 K CMPH market can be attributed to its increasing usage in air separation devices which are used for removing contaminants from gases such as oxygen, nitrogen and carbon dioxide.
20-60 K CMPH:
20-60 K CMPH is a high performance carbonate-based Masterbatches used in Air Separation Devices (ASD) for the removal of water vapor and carbon dioxide from gas streams. It offers several advantages over traditional separation techniques, such as membrane systems and adsorption columns. The 20-60 K CMPH system can be used with any type of gas stream; it does not require special feedstock or pre treatment.
Application Insights:
The chemical industry led the global air separation device market in 2017 and is projected to expand at a CAGR of XX% from 2018 to 2030. Air separation technology is widely used for various applications such as crude oil refining, organic synthesis, production of polymers and resins, production of specialty chemicals (such as pharmaceutical intermediates), metalorganic chemical vapor deposition (MOCVD) processes among others.
Industry gas application segment accounted for the second-largest share in 2017 owing to rising demand from petrochemical plants across the globe. The growth can be attributed to increasing use of H2 and N2O produced by air separation process along with growing demand for these gases in manufacturing fertilizers & pesticides along with other industrial gases such as CO2, Ar etc. Growing fertilizer consumption has resulted in rapid growth of agricultural output which has further augmented need for industrial gaseous products thus driving segment growth over the forecast period.
Regional Analysis:
North America dominated the global air separation device market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing shale gas exploration activities and growing chemical industry due to high GDP growth rates in countries such as Canada and Mexico. In addition, technological advancements coupled with stringent regulations for environmental protection are anticipated to drive regional product demand over the forecast period.
Asia Pacific is expected to witness significant growth over the next eight years owing rising population along with rapid economic development in emerging countries such as China, India, Indonesia, Malaysia and Thailand among others will fuel market expansion over this period.
Growth Factors:
- Increasing demand for oxygen in various end-use industries such as healthcare, metal fabrication, and chemical processing is expected to drive the growth of the air separation device market.
- Growing awareness about the benefits of using oxygen for various applications is also projected to fuel the demand for air separation devices over the forecast period.
- Technological advancements in air separation devices are anticipated to create new opportunities for market growth during the forecast period.
- The increasing use of nitrogen in various industrial applications is also expected to boost demand for air separation devices over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Air Separation Device Market Research Report
By Type
Below 20 K CMPH, 20-60 K CMPH, Above 60 K CMPH
By Application
Chemical Industry, Industry Gas, Metallurgy Industry
By Companies
Linde, Air Liquide, Hangyang Group, Praxair, Sichuan Air Separation, Air Products, HNEC, Taiyo Nippon Sanso, Messer
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Air Separation Device Market Report Segments:
The global Air Separation Device market is segmented on the basis of:
Types
Below 20 K CMPH, 20-60 K CMPH, Above 60 K CMPH
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
Chemical Industry, Industry Gas, Metallurgy Industry
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
- Hangyang Group
- Praxair
- Sichuan Air Separation
- Air Products
- HNEC
- Taiyo Nippon Sanso
- Messer
Highlights of The Air Separation Device 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:
- Below 20 K CMPH
- 20-60 K CMPH
- Above 60 K CMPH
- By Application:
- Chemical Industry
- Industry Gas
- Metallurgy Industry
- 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 Air Separation Device 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
An air separation device (ASD) is a machine that can be used to remove pollutants from air. It works by using a series of filters and fans to move the polluted air away from the clean air.
Some of the key players operating in the air separation device market are Linde, Air Liquide, Hangyang Group, Praxair, Sichuan Air Separation, Air Products, HNEC, Taiyo Nippon Sanso, Messer.
The air separation device market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Air Separation Device 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 Air Separation Device Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Air Separation Device 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 Air Separation Device 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 Air Separation Device Market Size & Forecast, 2020-2028
4.5.1 Air Separation Device Market Size and Y-o-Y Growth
4.5.2 Air Separation Device Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Below 20 K CMPH
5.2.2 20-60 K CMPH
5.2.3 Above 60 K CMPH
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Chemical Industry
6.2.2 Industry Gas
6.2.3 Metallurgy Industry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Air Separation Device 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 Air Separation Device 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Below 20 K CMPH
9.6.2 20-60 K CMPH
9.6.3 Above 60 K CMPH
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 Market Size Forecast by Applications
9.10.1 Chemical Industry
9.10.2 Industry Gas
9.10.3 Metallurgy Industry
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Below 20 K CMPH
10.6.2 20-60 K CMPH
10.6.3 Above 60 K CMPH
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 Market Size Forecast by Applications
10.10.1 Chemical Industry
10.10.2 Industry Gas
10.10.3 Metallurgy Industry
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Below 20 K CMPH
11.6.2 20-60 K CMPH
11.6.3 Above 60 K CMPH
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 Market Size Forecast by Applications
11.10.1 Chemical Industry
11.10.2 Industry Gas
11.10.3 Metallurgy Industry
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Below 20 K CMPH
12.6.2 20-60 K CMPH
12.6.3 Above 60 K CMPH
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 Market Size Forecast by Applications
12.10.1 Chemical Industry
12.10.2 Industry Gas
12.10.3 Metallurgy Industry
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Below 20 K CMPH
13.6.2 20-60 K CMPH
13.6.3 Above 60 K CMPH
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) Market Size Forecast by Applications
13.10.1 Chemical Industry
13.10.2 Industry Gas
13.10.3 Metallurgy Industry
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 Air Separation Device Market: Competitive Dashboard
14.2 Global Air Separation Device 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 Hangyang Group
14.3.4 Praxair
14.3.5 Sichuan Air Separation
14.3.6 Air Products
14.3.7 HNEC
14.3.8 Taiyo Nippon Sanso
14.3.9 Messer
