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Below are some of the key findings from the non-cryogenic air separation plants market research report
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The rising demand for oil and gas across the world is one of the primary factors that will trigger the non-cryogenic air separation plants market growth during the forecast period. Oil and gas industry has a high demand for non-cryogenic air separation plants in applications like oil refining, gas processing, and storing. Small to large air separation plants are installed along with oil and gas refineries to ensure constant and easy availability of industrial gases. Moreover, the increase in the automotive sales will trigger the demand for fossil fuels, and this will lead to growth in demand for refined oil in the forthcoming years, thereby triggering the non-cryogenic air separation plants market growth.
The advances in membrane technology is one of the critical non-cryogenic air separation plants market trends. In the membrane process, air taken from the atmosphere is compressed to the required pressure, dried and passed through a membrane module. Air components like oxygen and carbon dioxide with higher diffusion rates can easily penetrate the polymer membrane, thereby resulting in nitrogen-rich flow as the primary product. With advances in membrane technologies, coupled with the development of efficient polymer membranes, the efficiency and quality of the process can be increased. The non-cryogenic air separation plants market forecast predicts that fueled by these factors, the non-cryogenic air separation plants market will grow at a CAGR of almost 3% during the forecast period.
The non-cryogenic air separation plants market is moderately concentrated. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this non-cryogenic air separation plants industry analysis report will aid clients to identify new growth opportunities and design new growth strategies.
The report offers a complete analysis of various companies including:
Global non-cryogenic air separation plants market analysis reveals that the APAC region will account for the highest growth of this market throughout the forecast period.
The metallurgy segment will account for the largest market share, and the healthcare segment will account for the highest growth in the non-cryogenic air separation plants market. Additionally, the report also provides an accurate prediction of the contribution of the various end-user segments to the growth of the non-cryogenic air separation plants market size.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY END-USER
PART 09: REGIONAL LANDSCAPE
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
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