Europe Air Separation Plant Market Size study, by Process (Cryogenic, Non-cryogenic) by Gas (Nitrogen, Oxygen, Argon, Others) by End-use (Iron & steel, Oil & Gas, Chemical, Healthcare, Others) and Country Forecasts 2022-2032
Europe Air Separation Plant Market is valued approximately USD 1.10 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 2.70% over the forecast period 2024-2032. An Air Separation Plant (ASP) is a facility used for the separation of atmospheric air into its primary components, primarily nitrogen, oxygen, and argon. The process typically involves cryogenic distillation, where air is cooled and compressed to very low temperatures, causing its components to liquefy at different points. These liquefied components are then separated through distillation processes. Moreover, in addition to large-scale production facilities, there is a growing interest in small-scale air separation plants, particularly in niche applications and remote locations. These modular and decentralized plants offer flexibility, scalability, and quicker deployment, catering to the evolving needs of various industries.
Moreover, the healthcare sector in Europe requires medical gases like oxygen and nitrogen for respiratory therapies, surgeries, and other medical procedures. With the aging population and advancements in medical technology, the demand for these gases is increasing, thereby boosting the need for air separation plants. Additionally, other factors support the market growth are growing demand for the industrial gases, expansion of oil & gas industry, rising demand from iron & steel industry, increasing industrial activities, and rising demand from manufacturing industry.
However, the high cost associated with fabrication and operation are expected to hinder the market growth during the forecast period 2024-2032.
The key countries considered for the Europe Air Separation Plant market study includes UK, Germany, France, Italy, Spain, and Rest of Europe. In 2023, Germany was the largest market in terms of revenue. The Air Separation Plant market in Germany is driven by the growing Demand for specialty gases, cohesive government initiatives and incentives, growing healthcare infrastructure, and growing industrialization. In May 2022, PKN Orlen, a Polish company, has committed to investing in an air separation unit dedicated to the production of oxygen and nitrogen at the Plock refinery in Germany. This initiative, with an estimated cost of USD 172 million, is being undertaken in collaboration with Linde Group. The project aims to commence operations by early 2025. As a result, the investment by PKN Orlen in collaboration with Linde Group in an air separation unit at the Plock refinery in Germany serves as a significant catalyst for the growth of the Air Separation Plant market, both locally and regionally.
Major market player included in this report are:
Air Liquide SA
Linde Plc
Messer Group GmbH
Company 4
Company 5
Company 6
Company 7
Company 8
Company 9
Company 10
The detailed segments and sub-segment of the market are explained below:
By Process
Cryogenic
Non-cryogenic
By Gas
Nitrogen
Oxygen
Argon
Others
By End-use
Iron & steel
Oil & Gas
Chemical
Healthcare
Others
By Region:
Europe
UK
Germany
France
Spain
Italy
ROE
Years considered for the study are as follows:
Historical year – 2022
Base year – 2023
Forecast period – 2024 to 2032
Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and Country level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market
Moreover, the healthcare sector in Europe requires medical gases like oxygen and nitrogen for respiratory therapies, surgeries, and other medical procedures. With the aging population and advancements in medical technology, the demand for these gases is increasing, thereby boosting the need for air separation plants. Additionally, other factors support the market growth are growing demand for the industrial gases, expansion of oil & gas industry, rising demand from iron & steel industry, increasing industrial activities, and rising demand from manufacturing industry.
However, the high cost associated with fabrication and operation are expected to hinder the market growth during the forecast period 2024-2032.
The key countries considered for the Europe Air Separation Plant market study includes UK, Germany, France, Italy, Spain, and Rest of Europe. In 2023, Germany was the largest market in terms of revenue. The Air Separation Plant market in Germany is driven by the growing Demand for specialty gases, cohesive government initiatives and incentives, growing healthcare infrastructure, and growing industrialization. In May 2022, PKN Orlen, a Polish company, has committed to investing in an air separation unit dedicated to the production of oxygen and nitrogen at the Plock refinery in Germany. This initiative, with an estimated cost of USD 172 million, is being undertaken in collaboration with Linde Group. The project aims to commence operations by early 2025. As a result, the investment by PKN Orlen in collaboration with Linde Group in an air separation unit at the Plock refinery in Germany serves as a significant catalyst for the growth of the Air Separation Plant market, both locally and regionally.
Major market player included in this report are:
Air Liquide SA
Linde Plc
Messer Group GmbH
Company 4
Company 5
Company 6
Company 7
Company 8
Company 9
Company 10
The detailed segments and sub-segment of the market are explained below:
By Process
Cryogenic
Non-cryogenic
By Gas
Nitrogen
Oxygen
Argon
Others
By End-use
Iron & steel
Oil & Gas
Chemical
Healthcare
Others
By Region:
Europe
UK
Germany
France
Spain
Italy
ROE
Years considered for the study are as follows:
Historical year – 2022
Base year – 2023
Forecast period – 2024 to 2032
Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and Country level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market
CHAPTER 1. EUROPE AIR SEPARATION PLANT MARKET DEFINITION AND RESEARCH ASSUMPTIONS
1.1. Research Objective
1.2. Market Definition
1.3. Research Assumptions
1.3.1. Inclusion & Exclusion
1.3.2. Limitations
1.3.3. Supply Side Analysis
1.3.3.1. Availability
1.3.3.2. Infrastructure
1.3.3.3. Regulatory Environment
1.3.3.4. Market Competition
1.3.3.5. Economic Viability (Consumer’s Perspective)
1.3.4. Demand Side Analysis
1.3.4.1. Regulatory frameworks
1.3.4.2. Technological Advancements
1.3.4.3. Environmental Considerations
1.3.4.4. Consumer Awareness & Acceptance
1.4. Estimation Methodology
1.5. Years Considered for the Study
1.6. Currency Conversion Rates
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Europe Air Separation Plant Market Size & Forecast (2022- 2032)
2.2. Regional Summary
2.3. Segmental Summary
2.3.1. By Process
2.3.2. By Gas
2.3.3. By End-use
2.4. Key Trends
2.5. Recession Impact
2.6. Analyst Recommendation & Conclusion
CHAPTER 3. EUROPE AIR SEPARATION PLANT MARKET DYNAMICS
3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities
CHAPTER 4. EUROPE AIR SEPARATION PLANT MARKET: INDUSTRY ANALYSIS
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economic
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion
CHAPTER 5. EUROPE AIR SEPARATION PLANT MARKET SIZE & FORECASTS BY PROCESS 2022-2032
5.1. Cryogenic
5.2. Non-cryogenic
CHAPTER 6. EUROPE AIR SEPARATION PLANT MARKET SIZE & FORECASTS BY GAS 2022-2032
6.1. Nitrogen
6.2. Oxygen
6.3. Argon
6.4. Others
CHAPTER 7. EUROPE AIR SEPARATION PLANT MARKET SIZE & FORECASTS BY END-USE 2022-2032
7.1. Iron & steel
7.2. Oil & Gas
7.3. Chemical
7.4. Healthcare
7.5. Others
CHAPTER 8. EUROPE AIR SEPARATION PLANT MARKET SIZE & FORECASTS BY COUNTRY 2022-2032
8.1. U.K. Air Separation Plant Market
8.1.1. Process breakdown size & forecasts, 2022-2032
8.1.2. Gas breakdown size & forecasts, 2022-2032
8.1.3. End-use breakdown size & forecasts, 2022-2032
8.2. Germany Air Separation Plant Market
8.3. France Air Separation Plant Market
8.4. Spain Air Separation Plant Market
8.5. Italy Air Separation Plant Market
8.6. Rest of Europe Air Separation Plant Market
CHAPTER 9. COMPETITIVE INTELLIGENCE
9.1. Key Company SWOT Analysis
9.1.1. Company
9.1.2. Company
9.1.3. Company
9.2. Top Market Strategies
9.3. Company Profiles
9.3.1. Air Liquide SA
9.3.1.1. Key Information
9.3.1.2. Overview
9.3.1.3. Financial (Subject to Data Availability)
9.3.1.4. Product Summary
9.3.1.5. Market Strategies
9.3.2. Linde Plc
9.3.3. Messer Group GmbH
9.3.4. Company
9.3.5. Company
9.3.6. Company
9.3.7. Company
9.3.8. Company
9.3.9. Company
9.3.10. Company
CHAPTER 10. RESEARCH PROCESS
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
1.1. Research Objective
1.2. Market Definition
1.3. Research Assumptions
1.3.1. Inclusion & Exclusion
1.3.2. Limitations
1.3.3. Supply Side Analysis
1.3.3.1. Availability
1.3.3.2. Infrastructure
1.3.3.3. Regulatory Environment
1.3.3.4. Market Competition
1.3.3.5. Economic Viability (Consumer’s Perspective)
1.3.4. Demand Side Analysis
1.3.4.1. Regulatory frameworks
1.3.4.2. Technological Advancements
1.3.4.3. Environmental Considerations
1.3.4.4. Consumer Awareness & Acceptance
1.4. Estimation Methodology
1.5. Years Considered for the Study
1.6. Currency Conversion Rates
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Europe Air Separation Plant Market Size & Forecast (2022- 2032)
2.2. Regional Summary
2.3. Segmental Summary
2.3.1. By Process
2.3.2. By Gas
2.3.3. By End-use
2.4. Key Trends
2.5. Recession Impact
2.6. Analyst Recommendation & Conclusion
CHAPTER 3. EUROPE AIR SEPARATION PLANT MARKET DYNAMICS
3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities
CHAPTER 4. EUROPE AIR SEPARATION PLANT MARKET: INDUSTRY ANALYSIS
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economic
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion
CHAPTER 5. EUROPE AIR SEPARATION PLANT MARKET SIZE & FORECASTS BY PROCESS 2022-2032
5.1. Cryogenic
5.2. Non-cryogenic
CHAPTER 6. EUROPE AIR SEPARATION PLANT MARKET SIZE & FORECASTS BY GAS 2022-2032
6.1. Nitrogen
6.2. Oxygen
6.3. Argon
6.4. Others
CHAPTER 7. EUROPE AIR SEPARATION PLANT MARKET SIZE & FORECASTS BY END-USE 2022-2032
7.1. Iron & steel
7.2. Oil & Gas
7.3. Chemical
7.4. Healthcare
7.5. Others
CHAPTER 8. EUROPE AIR SEPARATION PLANT MARKET SIZE & FORECASTS BY COUNTRY 2022-2032
8.1. U.K. Air Separation Plant Market
8.1.1. Process breakdown size & forecasts, 2022-2032
8.1.2. Gas breakdown size & forecasts, 2022-2032
8.1.3. End-use breakdown size & forecasts, 2022-2032
8.2. Germany Air Separation Plant Market
8.3. France Air Separation Plant Market
8.4. Spain Air Separation Plant Market
8.5. Italy Air Separation Plant Market
8.6. Rest of Europe Air Separation Plant Market
CHAPTER 9. COMPETITIVE INTELLIGENCE
9.1. Key Company SWOT Analysis
9.1.1. Company
9.1.2. Company
9.1.3. Company
9.2. Top Market Strategies
9.3. Company Profiles
9.3.1. Air Liquide SA
9.3.1.1. Key Information
9.3.1.2. Overview
9.3.1.3. Financial (Subject to Data Availability)
9.3.1.4. Product Summary
9.3.1.5. Market Strategies
9.3.2. Linde Plc
9.3.3. Messer Group GmbH
9.3.4. Company
9.3.5. Company
9.3.6. Company
9.3.7. Company
9.3.8. Company
9.3.9. Company
9.3.10. Company
CHAPTER 10. RESEARCH PROCESS
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
LIST OF TABLES
TABLE 1. Europe Air Separation Plant market, report scope
TABLE 2. Europe Air Separation Plant market estimates & forecasts by Country 2022-2032 (USD Billion)
TABLE 3. Europe Air Separation Plant market estimates & forecasts by Process 2022-2032 (USD Billion)
TABLE 4. Europe Air Separation Plant market estimates & forecasts by Gas 2022-2032 (USD Billion)
TABLE 5. Europe Air Separation Plant market estimates & forecasts by End-use 2022-2032 (USD Billion)
TABLE 6. Europe Air Separation Plant market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 7. Europe Air Separation Plant market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 8. Europe Air Separation Plant market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 9. Europe Air Separation Plant market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 10. Europe Air Separation Plant market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 11. Europe Air Separation Plant market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 12. Europe Air Separation Plant market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 13. Europe Air Separation Plant market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 14. Europe Air Separation Plant market by segment, estimates & forecasts, 2022-2032 (USD Billion) Europe Air Separation Plant market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 15. UK Air Separation Plant market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 16. UK Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 17. UK Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 18. Germany Air Separation Plant market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 19. Germany Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 20. Germany Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 21. France Air Separation Plant market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 22. France Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 23. France Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 24. Italy Air Separation Plant market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 25. Italy Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 26. Italy Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 27. Spain Air Separation Plant market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 28. Spain Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 29. Spain Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 30. RoE Air Separation Plant market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 31. RoE Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 32. RoE Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 33. List of secondary sources, used in the study of Europe Air Separation Plant Market.
TABLE 34. List of primary sources, used in the study of Europe Air Separation Plant Market.
TABLE 35. Years considered for the study.
TABLE 36. Exchange rates considered
TABLE 1. Europe Air Separation Plant market, report scope
TABLE 2. Europe Air Separation Plant market estimates & forecasts by Country 2022-2032 (USD Billion)
TABLE 3. Europe Air Separation Plant market estimates & forecasts by Process 2022-2032 (USD Billion)
TABLE 4. Europe Air Separation Plant market estimates & forecasts by Gas 2022-2032 (USD Billion)
TABLE 5. Europe Air Separation Plant market estimates & forecasts by End-use 2022-2032 (USD Billion)
TABLE 6. Europe Air Separation Plant market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 7. Europe Air Separation Plant market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 8. Europe Air Separation Plant market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 9. Europe Air Separation Plant market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 10. Europe Air Separation Plant market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 11. Europe Air Separation Plant market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 12. Europe Air Separation Plant market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 13. Europe Air Separation Plant market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 14. Europe Air Separation Plant market by segment, estimates & forecasts, 2022-2032 (USD Billion) Europe Air Separation Plant market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 15. UK Air Separation Plant market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 16. UK Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 17. UK Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 18. Germany Air Separation Plant market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 19. Germany Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 20. Germany Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 21. France Air Separation Plant market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 22. France Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 23. France Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 24. Italy Air Separation Plant market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 25. Italy Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 26. Italy Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 27. Spain Air Separation Plant market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 28. Spain Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 29. Spain Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 30. RoE Air Separation Plant market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 31. RoE Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 32. RoE Air Separation Plant market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 33. List of secondary sources, used in the study of Europe Air Separation Plant Market.
TABLE 34. List of primary sources, used in the study of Europe Air Separation Plant Market.
TABLE 35. Years considered for the study.
TABLE 36. Exchange rates considered
LIST OF FIGURES
FIG 1. Europe Air Separation Plant market, research methodology
FIG 2. Europe Air Separation Plant market, market estimation techniques
FIG 3. Europe market size estimates & forecast methods.
FIG 4. Europe Air Separation Plant market, key trends 2023
FIG 5. Europe Air Separation Plant market, growth prospects 2022-2032
FIG 6. Europe Air Separation Plant market, porters 5 force model
FIG 7. Europe Air Separation Plant market, pestel analysis
FIG 8. Europe Air Separation Plant market, value chain analysis
FIG 9. Europe Air Separation Plant market by segment, 2022 & 2032 (USD Billion)
FIG 10. Europe Air Separation Plant market by segment, 2022 & 2032 (USD Billion)
FIG 11. Europe Air Separation Plant market by segment, 2022 & 2032 (USD Billion)
FIG 12. Europe Air Separation Plant market by segment, 2022 & 2032 (USD Billion)
FIG 13. Europe Air Separation Plant market by segment, 2022 & 2032 (USD Billion)
FIG 14. Europe Air Separation Plant market, Country snapshot 2022 & 2032
FIG 15. Europe Air Separation Plant market 2022 & 2032 (USD Billion)
FIG 16. Europe Air Separation Plant market, company market share analysis (2023)
FIG 1. Europe Air Separation Plant market, research methodology
FIG 2. Europe Air Separation Plant market, market estimation techniques
FIG 3. Europe market size estimates & forecast methods.
FIG 4. Europe Air Separation Plant market, key trends 2023
FIG 5. Europe Air Separation Plant market, growth prospects 2022-2032
FIG 6. Europe Air Separation Plant market, porters 5 force model
FIG 7. Europe Air Separation Plant market, pestel analysis
FIG 8. Europe Air Separation Plant market, value chain analysis
FIG 9. Europe Air Separation Plant market by segment, 2022 & 2032 (USD Billion)
FIG 10. Europe Air Separation Plant market by segment, 2022 & 2032 (USD Billion)
FIG 11. Europe Air Separation Plant market by segment, 2022 & 2032 (USD Billion)
FIG 12. Europe Air Separation Plant market by segment, 2022 & 2032 (USD Billion)
FIG 13. Europe Air Separation Plant market by segment, 2022 & 2032 (USD Billion)
FIG 14. Europe Air Separation Plant market, Country snapshot 2022 & 2032
FIG 15. Europe Air Separation Plant market 2022 & 2032 (USD Billion)
FIG 16. Europe Air Separation Plant market, company market share analysis (2023)
