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Asia Pacific Non-Cryogenic Air Separation Unit Market by Gas (Nitrogen, Oxygen, Argon, Others), by End Use (Iron & Steel, Oil & Gas, Healthcare, Chemicals, Others), by North America (U.S., Canada) Forecast 2025-2033
The Asia-Pacific non-cryogenic air separation unit (ASU) market focuses on technologies that separate air components like oxygen, nitrogen, and argon at ambient or near-ambient temperatures, bypassing the energy-intensive cryogenic distillation process. These systems, including Pressure Swing Adsorption (PSA), Vacuum Swing Adsorption (VSA), and membrane technologies, are commonly employed in industries such as healthcare, food and beverage, metal processing, and electronics. The primary drivers of this market include the rising demand for industrial gases, particularly in emerging economies like China and India, driven by rapid industrialization and urbanization. The healthcare sector's growth, particularly in response to increasing oxygen demand during health crises like COVID-19, has further amplified the demand for non-cryogenic ASUs. Additionally, their low energy consumption, compact size, and operational flexibility compared to traditional cryogenic systems make them attractive for small- and medium-scale applications. Key trends in the Asia-Pacific non-cryogenic ASU market include the adoption of advanced materials for adsorption and membrane technologies, enabling higher efficiency and reduced operational costs.
The market is moderately fragmented, with a few key players dominating the majority of the market share. Leading companies like Air Liquide, Air Products and Chemicals, Inc., and Linde plc hold significant market positions due to their established presence, strong distribution networks, and technological expertise. These companies focus on innovation and strategic partnerships to maintain their market leadership.
The market exhibits high concentration in terms of end-user industries, with the iron & steel and oil & gas sectors consuming a significant portion of non-cryogenic air separation units. The level of mergers and acquisitions activity is moderate, as larger players seek to expand their geographic reach and product portfolios.
The growing industrialization and economic development in the Asia Pacific region have led to a surge in demand for industrial gases, particularly oxygen and nitrogen, in sectors such as iron & steel, oil & gas, and healthcare. This demand has fueled the growth of the non-cryogenic air separation unit market.
Government Initiatives and Regulations
Governments in the Asia Pacific region are implementing regulations and incentives to promote the adoption of energy-efficient technologies. This includes the adoption of non-cryogenic air separation technology, which reduces energy consumption and emissions, contributing to sustainable industrial practices.
Advancements in Non-Cryogenic Air Separation Technology
Technological innovations have improved the efficiency and reliability of non-cryogenic air separation units. These advancements include the use of advanced membrane materials, improved process design, and enhanced control systems, leading to reduced operating costs and increased productivity.
Key Region or Country & Segment to Dominate the Market
Dominating Region: China
China is the largest market for non-cryogenic air separation units in the Asia Pacific region, accounting for over 40% of the market share. The rapid industrialization and expanding iron & steel, oil & gas, and healthcare sectors drive growth in China.
Dominating End-Use Segment: Iron & Steel
The iron & steel industry is the largest consumer of non-cryogenic air separation units, accounting for approximately 60% of the market demand. The production of steel requires large amounts of oxygen for various processes, such as blast furnace injection and steelmaking.
Asia Pacific Non-Cryogenic Air Separation Unit Market Product Insights
The market offers a variety of non-cryogenic air separation units with varying capacities and configurations to meet specific industrial needs. Key product types include:
By Market Size
The Asia Pacific non-cryogenic air separation unit market was valued at USD 677.2 million in 2021 and is projected to reach USD 1,022.0 million by 2028, growing at a CAGR of 4.4%.
By Market Share
Air Liquide, Air Products and Chemicals, Inc., and Linde plc are the leading players in the market, collectively holding over 50% of the market share. Other key players include INOX Air Products, KaiFeng Air Separation Group Co., LTD., and Universal Industrial Gases, Inc.
April 2024:
Linde has entered into an agreement to take over the operation of an air separation unit (ASU) at Guangdong Zhongnan Iron & Steel’s facility in Shaoguan, Guangdong Province. This deal increases Linde's total on-site production capacity in Shaoguan to around 130,000 cubic meters per hour.
March 2023:
INOX Air Products (INOXAP) was awarded a contract to build a sixth air separation unit (ASU) at ArcelorMittal Nippon Steel India's (AM/NS India) Hazira facility. This ASU is designed to produce 1,000 tons per day of gaseous oxygen and gaseous nitrogen, along with various other liquid medical and industrial gases.
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 4.4% from 2019-2033 |
Segmentation |
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Note* : In applicable scenarios
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