Non-Cryogenic Air Separation Unit Market, By Product Type, By Gas Type, By Application, By End-User, By Country, and By Region - Industry Analysis, Market Size, Market Share & Forecast from 2024-2032
Non-Cryogenic Air Separation Unit Market size was valued at USD 1,610.21 Million in 2023, expanding at a CAGR of 5.20% from 2024 to 2032.
The Non-Cryogenic Air Separation Unit (ASU) Market focuses on technologies that separate atmospheric air into its primary components-nitrogen, oxygen, and argon-without the need for cryogenic temperatures. With an increasing demand for high-purity gases in various industries, including healthcare and manufacturing, the market is experiencing significant growth; for instance, the global demand for nitrogen is projected to reach 10 million tons by 2025. Factors contributing to this market expansion include the rising adoption of non-cryogenic technologies due to their energy efficiency and lower operational costs compared to traditional cryogenic methods. However, challenges such as high initial investment costs and competition from alternative gas production technologies may restrain growth. On the other hand, opportunities exist in emerging markets where industrialization is accelerating, along with advancements in membrane technology that promise enhanced separation efficiency and lower energy consumption. Additionally, the increasing focus on sustainability and reduced carbon footprints is driving interest in non-cryogenic ASUs as a more environmentally friendly solution.
Non-Cryogenic Air Separation Unit Market- Market Dynamics
Rising Demand for High-Purity Gases Propels Growth in the Non-Cryogenic Air Separation Unit Market
The rising demand for high-purity gases is significantly propelling growth in the Non-Cryogenic Air Separation Unit (ASU) Market, as industries seek efficient solutions to meet stringent quality standards. According to the U.S. Department of Energy, the industrial sector accounts for about 32% of total energy consumption, underscoring the importance of energy-efficient technologies like non-cryogenic ASUs. For example, the pharmaceutical industry relies heavily on high-purity nitrogen for various applications, with the global market for nitrogen expected to exceed 10 million tons by 2025, driven by its use in inerting and blanketing processes. Moreover, the semiconductor industry increasingly requires ultra-high-purity gases for manufacturing, with organizations like the International Society for Semiconductor Manufacturing and Test highlighting the critical role of gas quality in production efficiency. As industries worldwide prioritize sustainability and cost-effectiveness, the adoption of non-cryogenic air separation technologies is becoming increasingly vital, enhancing operational efficiency and reducing environmental impact.
Non-Cryogenic Air Separation Unit Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 5.20% over the forecast period (2024-2032)
Based on product type segmentation, Pressure Swing Adsorption was predicted to show maximum market share in the year 2023
Based on Gas Type segmentation, Nitrogen was the leading type in 2023
Based on Application segmentation, Oil & Gas was the leading type in 2023
On the basis of region, North America was the leading revenue generator in 2023
Non-Cryogenic Air Separation Unit Market- Segmentation Analysis:
The Global Non-Cryogenic Air Separation Unit Market is segmented on the basis of Product Type, Gas Type, Application, End-User, and Region.
The market is divided into three categories based on product type: Pressure Swing Absorption, Vacuum Pressure Swing Absorption, and Membrane Separation. Pressure Swing Adsorption (PSA) technology leads due to its effectiveness in producing high-purity gases, followed by Vacuum Pressure Swing Adsorption (VPSA), which offers energy efficiency. Membrane separation ranks third, favored for its simplicity and lower operational costs.
The market is divided into four categories based on Gas Type: Nitrogen, Oxygen, Argon, and Hydrogen. Nitrogen is the leading gas type due to its widespread industrial applications, followed by oxygen, which is crucial in healthcare and metal production. Argon ranks third, while hydrogen is emerging rapidly due to its energy applications.
Non-Cryogenic Air Separation Unit Market- Geographical Insights
The Non-Cryogenic Air Separation Unit (ASU) Market exhibits significant geographical diversity, with North America leading due to its advanced industrial sector and high demand for high-purity gases. The U.S. alone accounts for over 35% of global nitrogen consumption, driven by industries such as pharmaceuticals and food processing. In Europe, countries like Germany and France are at the forefront, where initiatives aimed at reducing carbon footprints have led to increased investments in non-cryogenic technologies; the European Commission has committed to cutting greenhouse gas emissions by at least 55% by 2030, promoting cleaner production methods. The Asia-Pacific region is witnessing rapid growth, particularly in China and India, where industrialization and urbanization are fueling demand for gases; China's nitrogen production capacity is projected to reach 13 million tons annually by 2025. Latin America, particularly Brazil, is also emerging as a growing market, supported by investments in infrastructure and energy efficiency, while the Middle East is focusing on diversifying its economy, leading to increased adoption of non-cryogenic ASUs in various sectors.
Non-Cryogenic Air Separation Unit Market- Competitive Landscape:
The competitive landscape of the Non-Cryogenic Air Separation Unit (ASU) Market is marked by key players actively pursuing innovation and strategic initiatives across various regions. In North America, companies like Air Products and Chemicals, Inc. launched a new non-cryogenic ASU in 2023 designed to enhance energy efficiency and reduce operational costs for industrial users, reflecting a strong focus on sustainability. In Europe, Linde plc has been investing in partnerships to develop advanced air separation technologies, recently collaborating with the European Commission to promote low-carbon technologies aimed at reducing greenhouse gas emissions in line with EU goals. The Asia-Pacific region is witnessing increased competition, with major players like Taiyo Nippon Sanso Corporation expanding their market presence in China through a strategic acquisition, enhancing their capacity to meet the growing demand for high-purity gases. Additionally, in Latin America, Praxair (a subsidiary of Linde) has invested in new facilities in Brazil to cater to rising industrial gas needs, demonstrating the region's potential for growth and technological advancement in the non-cryogenic ASU sector.
Recent Developments:
In August 2023, Air Water Inc. announced that its subsidiary, Air Water America, will build its first ASU in Rochester, New York. This will establish a comprehensive gas supply operation for the subsidiary in the northeastern U.S.
In February 2024, Air Liquide announced that it will invest over USD 140 million to build and operate an ASU in Quebec, Canada. This ASU will be powered by renewable electricity and will support the expansion of the electric vehicle battery sector.
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL NON-CRYOGENIC AIR SEPARATION UNIT MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS
Air Liquide S.A.
Air Products and Chemicals, Inc.
Enerflex Ltd.
Gulf Cryo Holding CSC
INOX Air Products Private Limited
Iwatani Corporation
Linde plc
Matheson Tri-Gas, Inc.
Messer Group GmbH
Oxair Gas Systems Pty Ltd.
Parker Hannifin Corporation
PCI Gases
Praxair, Inc.
Taiyo Nippon Sanso Corporation
Universal Industrial Gases, Inc.
Yingde Gases Group Company Limited
Others
GLOBAL NON-CRYOGENIC AIR SEPARATION UNIT MARKET, BY PRODUCT TYPE- MARKET ANALYSIS, 2019 - 2032
Pressure Swing Adsorption (PSA)
Vacuum Pressure Swing Adsorption (VPSA)
Membrane Separation
GLOBAL NON-CRYOGENIC AIR SEPARATION UNIT MARKET, BY GAS TYPE- MARKET ANALYSIS, 2019 - 2032
Nitrogen
Oxygen
Argon
Hydrogen
Others
GLOBAL NON-CRYOGENIC AIR SEPARATION UNIT MARKET, BY APPLICATION- MARKET ANALYSIS, 2019 - 2032
Oil & Gas
Chemical Processing
Healthcare
Food & Beverage
Electronics
GLOBAL NON-CRYOGENIC AIR SEPARATION UNIT MARKET, BY END-USER- MARKET ANALYSIS, 2019 - 2032
Manufacturing
Power Generation
Pharmaceuticals
Steel & Metal
GLOBAL NON-CRYOGENIC AIR SEPARATION UNIT MARKET, BY REGION- MARKET ANALYSIS, 2019 - 2032
North America
The U.S.
Canada
Europe
Germany
France
Italy
Spain
United Kingdom
Russia
Netherlands
Sweden
Poland
Rest of Europe
Asia Pacific
India
China
South Korea
Japan
Australia
Thailand
Indonesia
Philippines
Rest of APAC
Latin America
Brazil
Mexico
Argentina
Colombia
Rest of LATAM
The Middle East and Africa
Saudi Arabia
United Arab Emirates
Israel
Turkey
Algeria
Egypt
Rest of MEA
Table of Contents
1. Non-Cryogenic Air Separation Unit Market Overview
1.1. Study Scope
1.2. Market Estimation Years
2. Executive Summary
2.1. Market Snippet
2.1.1. Non-Cryogenic Air Separation Unit Market Snippet by Product Type
2.1.2. Non-Cryogenic Air Separation Unit Market Snippet by Gas Type
2.1.3. Non-Cryogenic Air Separation Unit Market Snippet by Application
2.1.4. Non-Cryogenic Air Separation Unit Market Snippet by End-User
2.1.5. Non-Cryogenic Air Separation Unit Market Snippet by Country
2.1.6. Non-Cryogenic Air Separation Unit Market Snippet by Region
2.2. Competitive Insights
3. Non-Cryogenic Air Separation Unit Key Market Trends
3.1. Non-Cryogenic Air Separation Unit Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Non-Cryogenic Air Separation Unit Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Non-Cryogenic Air Separation Unit Market Opportunities
3.4. Non-Cryogenic Air Separation Unit Market Future Trends
4. Non-Cryogenic Air Separation Unit Industry Study
4.1. PEST Analysis
4.2. Porter's Five Forces Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. Non-Cryogenic Air Separation Unit Market: COVID-19 Impact Analysis
5.1. Pre-COVID-19 Impact Analysis
5.2. Post-COVID-19 Impact Analysis
5.2.1. Top Performing Segments
5.2.2. Marginal Growth Segments
5.2.3. Top Looser Segments
5.2.4. Marginal Loss Segments
6. Non-Cryogenic Air Separation Unit Market Landscape
6.1. Non-Cryogenic Air Separation Unit Market Share Analysis, 2023
6.2. Breakdown Data, by Key Manufacturer
6.2.1. Established Players' Analysis
6.2.2. Emerging Players' Analysis
7. Non-Cryogenic Air Separation Unit Market - By Product Type