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Air Separation Plant Market Worth 7.27 Billion USD by 2026


News provided by

MarketsandMarkets

26 Jan, 2017, 15:30 GMT

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PUNE, India, January 26, 2017 /PRNewswire/ --

The report "Air Separation Plant Market by Process (Cryogenic, Non-Cryogenic), Gas (Nitrogen, Oxygen, Argon), End User (Iron & Steel, Oil & Gas, Chemical, Healthcare), Region - Global Forecast to 2026", published by MarketsandMarkets, the global Market is projected to reach USD 7.27 Billion by 2026, at a CAGR of 5.3% from 2016 to 2026.    

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 86 market data Tables and 45 Figures spread through 148 Pages and in-depth TOC on "Air Separation Plant Market"

http://www.marketsandmarkets.com/Market-Reports/air-separation-plant-market-210435735.html
Early buyers will receive 10% customization on this report.

The global air separation plant market is driven by the strong growth in the demand for industrial and specialty gases across various end-use sectors, especially iron & steel, healthcare, oil & gas, and energy. Advancements in terms of product innovations and technologies in the market are also expected to create strong investment opportunities for global players. The high cost of gas processing is a major challenge, whereas fluctuating demand patterns and advancements of alternative technologies are expected to be the burning issues for the market.

Ask for PDF of the Report at http://www.marketsandmarkets.com/pdfdownload.asp?id=210435735

Iron & steel is the largest end user segment of the global air separation plant market 

Based on end users, the air separation plant market has been segmented into iron & steel, oil & gas, chemical, healthcare, and others. The iron & steel segment accounted for the largest share of the air separation plant market in 2015; however, the oil & gas segment is projected to be the fastest-growing segment from 2016 to 2021. Air separation plants have various applications in the oil & gas industry, including oil recovery, leak testing, and so on.

Cryogenic process was the largest process segment of the air separation plant market 

Based on process, the air separation plant market has been segmented into cryogenic and non-cryogenic. Cryogenic process is the most common air separation process and is projected to grow at the highest CAGR during the forecast period. Cryogenic air separation processes are used in medium to large scale plants to produce nitrogen, oxygen, argon, and other atmospheric gases in liquid or gaseous form.

Make an Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=210435735

The Asia-Pacific region was the largest market for air separation plants in 2015 

Asia-Pacific was the largest Air Separation Plants Market in 2015, owing to the increase in demand for the air separation plants in this region. The growth in the Asia-Pacific region can be attributed to the growth of the metal fabrication and electronic industries in countries such as Japan, China, and India.

The key players operational in the air separation plant market include Air Liquide S.A. (France), Linde AG (Germany), Praxair, Inc. (U.S.), Air Products and Chemicals, Inc. (U.S.), Taiyo Nippon Sanso Corporation (Japan), Messer Group GmbH (Germany), Universal Industrial Gases (U.S.), Enerflex Ltd. (Canada), and Technex Ltd. (Ukraine), among others.

Subscribe Reports from Chemicals & Materials Domain: http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets 

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
MarketsandMarkets
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Suite 2175, Seattle,
WA 98101, United States
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com

Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
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