Air Separation
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Air Separation Machinery Market Size and Growth
The Air Separation Machinery market is experiencing significant growth, driven by increasing demand for oxygen and nitrogen across industries. As of 2023, the market size is estimated at approximately $6.5 billion, with a projected CAGR of around 5% over the next five years, fueled by technological advancements and rising industrial applications.
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Companies Covered
(Covid 19 Impact Covered)
◍ Linde
◍ Air Liquide
◍ Praxair
◍ Air Products
◍ Taiyo Nippon Sanso
◍ Hangyang Group
◍ Sichuan Air Separation
◍ HNEC
◍ Messer
◍ JSC Cryogenmash
◍ AMCS
◍ Gas Engineering LLC
The Air Separation Machinery Market features major players like Linde, Air Liquide, Praxair, and Air Products, driving growth through innovative technologies and expanding applications in industries like healthcare and energy. Companies contribute to market advancements by enhancing efficiency and reducing costs, fostering demand for air separation solutions.
- Linde: €32 billion (2020 revenue)
- Air Liquide: €20 billion (2020 revenue)
- Air Products: $8.9 billion (2020 revenue)
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Market Segmentation
By Application
◍ Chemical Industry
◍ Industry Gas
◍ Metallurgy Industry
◍ Others
By Product
◍ Below 20 K CMPH
◍ 20-60 K CMPH
◍ Above 60 K CMPH
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Market Growth
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$ X Billion USD
