The Air Separation Unit Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Air Separation Unit Market?
The air separation unit market has seen robust growth in recent years. The market expanded from $5.59 billion in 2024 to $5.93 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 6.0%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Air Separation Unit Industry?
The Air Separation Unit Global Market is projected to grow to $7.42 billion by 2029, with a compound annual growth rate (CAGR) of 5.8%.
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What are the Key Growth Drivers Fueling the Air Separation Unit Market?
The key drivers in the air separation unit market are:
• Expansion of industrial sectors creating a higher demand for air separation units
• Rising demand for industrial gases such as nitrogen and oxygen
• Increased consumption in the energy sector
• Growing use of medical oxygen in healthcare facilities and of nitrogen in food preservation and packaging.
Global Market Segmentation: Identifying Major Air Separation Unit Industry Segments
The air separation unitmarket covered in this report is segmented –
1) By Process: Cryogenic, Non-Cryogenic
2) By Gas: Nitrogen, Oxygen, Argon, Other Gases
3) By End Use: Iron And Steel, Oil And Gas, Healthcare, Chemicals, Other End Uses
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What are the emerging Trends Shaping the Future of the Air Separation Unit Market?
The key trends in the air separation unit market are:
• Advancements in energy-efficient technologies are emerging as a key trend in the air separation unit market.
• The integration of Artificial Intelligence for improving process optimization is becoming more popular.
• The adoption of compact and modular designs is noticeably increasing within the market.
• There is an enhanced focus on the development of eco-friendly solutions to reduce carbon emissions.
Who Are the Top Competitors & Leading Players in the Air Separation Unit Market?
Major companies in the air separation unit market are:
• Linde Plc
• Air Liquide S.A.
• Parker Hannifin Corporation
• Atlas Copco AB
• Air Products and Chemicals Inc.
• Nippon Sanso Holdings Corporation
• Messer Group GmbH
• Matheson Tri-Gas Inc.
• Yingde Gases Group Co. Ltd.
• Enerflex Ltd.
• Gulf Cryo
• Cryogenmash
• SIAD Macchine Impianti S.p.A.
• Bhoruka Gases Limited
• MVS Engineering Pvt. Ltd.
• Novair Industries AB
• CRYOTEC Anlagenbau GmbH
• AMCS Corporation
• Ranch Cryogenics Inc.
• Buzwair Industrial Gases Factories
• The Southern Gas Limited
• Shanghai Chinllenge Gases Co. Ltd.
• Kaifeng Air Separation Group Company Limited
• AMCS Corporation
• Sichuan Air Separation Plant Group
Regional Dominance: Which Area Leads the Global Air Separation Unit Market?
Asia-Pacific was the largest region in the air separation unit market in 2024 and it is expected to be the fastest-growing region in the forecast period
