Air Separation Market Estimated Reach USD 22.47 billion by 2026

03

Jan

Kumkum Chadha

The Air Separation plant Market is estimated to grow from USD 15.46 billion in 2017 to reach USD 22.47 billion by 2026, at a CAGR of 7.5% during the forecast period. The increasing demand for air separation from oxygen and nitrogen mainly in the food & beverage and chemicals & petrochemicals industry is expected to drive the growth of the global market for air separation.

Air Separation Market report provides in-depth analysis of the present market trends, drivers, restraints, opportunities, challenges and growth prospects of Global Air Separation Market for 2016-2026.

Recently published research report titled "Air Separation module Market by Product (Air Liquefaction, Pressure Swing Adsorption), by Process (Vacuum Distillation, Vacuum Swing Adsorption), by End-user (Oil & Gas Processing, Refining & Petrochemical Plants and Chemical Process Plants) - Global Forecast to 2026", provides an unbiased and detailed analysis of the global Air Separation market including qualitative & quantitative information of the market based on technology, end-user and region.

The Air Separation Market is segmented based on type, application, technology and region. The technology used in the air separation plant includes - Cryogenic Processes (air Liquefaction & Natural Gas Liquefaction), Pressure Swing Adsorption (PSA), and Adsorption Method & Membrane Process.

Based on applications the market is segmented into application in industrial process, food processing, semiconductor industry & biological air separation.

Based on type, the market is segmented into Cryogenic Air Separation Plants (CASS), Air Liquefaction Plants (ALP) and Packaged Terminal Air Conditioner.

Air Separation is a suite of technologies that extract air or other air-based gases from the atmosphere. Air separation plants have the capacity to produce Air and Oxygen, Nitrogen and Argon by separation of air into its basic components: Nitrogen, Oxygen, Argon, and Carbon Dioxide.

The primary applications for these products are in industrial processes such as production of ammonia and nitric acid; beverage industry processing of soft drinks, beer, wine and other beverages; pneumatic conveying systems in quarries, mines, hospitals and other industrial facilities; combustion air for boilers; cooling towers for steam electric power generation plants; fabrication of polymers for food packaging including shrink wrapping, stretch wrapping and thermal packaging.

Bhartiya Cryogas Limited (BCL) is one of the leading companies in Air Separation Plants (ASP) in India. ASP is a technology used to separate gases like oxygen, nitrogen and carbon dioxide out of air and make it available for various industrial sectors.

At Bhartiya Cryogas, we've been Air Separation Plant builders and operators since 1990. The company was founded with the goal to build plants that would attain the highest levels of plant efficiency and reliability in the market. Its new vertical system, or air separation tower, saves customers 2-4% in costs annually by achieving greater operating efficiencies.

The company offers Air Separation Plants having capacity ranging from 0.0015 m3/hr to 1480 m3/hr in normal temperature and pressure conditions at cost effective rates.

The #BhartiyaCryogas Group's production sites can supply high purity oxygen and nitrogen by-products to be used in steelmaking, making certain materials and specialty gases, high performance polymers, the perfumery and cosmetic industries, organic synthesis, cryogenics industry, semiconductor manufacturing, healthcare industry, hospitals and pharmaceuticals.