Vacuum Pressure Swing Adsorption Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025 - 2034

January 2025 | 225 pages | ID: VE10B95767A8EN
Global Market Insights

US$ 4,850.00

E-mail Delivery (PDF)

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
The Global Vacuum Pressure Swing Adsorption Market was valued at USD 3.4 billion in 2024 and is expected to expand at a CAGR of 6.9% from 2025 to 2034. This market expansion is largely fueled by the growing demand for industrial gases like oxygen, nitrogen, and hydrogen across key sectors such as healthcare, chemicals, petrochemicals, and metallurgy. These gases are crucial for various industrial applications, and industries like steel manufacturing require large volumes of oxygen for their production processes.

As industries continue to modernize and expand, the need for efficient gas separation technologies, like VPSA systems, becomes more apparent. Additionally, rising concerns about environmental impact and the growing trend of sustainability are encouraging more industries to adopt on-site gas generation systems, reducing reliance on traditional gas suppliers. VPSA technology enables the efficient extraction of gases with reduced energy consumption and greater cost-effectiveness, making it an attractive option for a wide range of industrial applications.

The VPSA market is segmented by product type, including oxygen generators, nitrogen generators, hydrogen generators, carbon dioxide (CO2) generators, and others such as argon and helium. In 2024, oxygen generators dominated the market with a valuation of USD 1.3 billion. This segment is expected to grow at a robust CAGR of 7.1% during the forecast period. The surge in global healthcare infrastructure development, particularly in response to the COVID-19 pandemic, has significantly increased the demand for reliable on-site oxygen generation systems in hospitals and medical facilities. In addition, oxygen is essential in various industrial applications, such as steel production, chemical manufacturing, and water treatment, driving further demand for VPSA systems.

The market is also divided by distribution channel into direct and indirect channels. In 2024, indirect distribution channels held a leading market share of 58.5%. These channels, which include intermediaries with extensive networks and localized expertise, are expected to continue their growth, with a forecasted CAGR of 6.6% between 2025 and 2034. By leveraging indirect distribution channels, manufacturers can extend their reach without the need to establish direct sales teams in every region, making VPSA systems more accessible to a broad range of industries.

In the United States, the VPSA market generated USD 800 million in 2024. The country's advanced industrial infrastructure and the high demand for medical-grade oxygen, particularly in healthcare, have played a significant role in this market performance. Moreover, major investments in sectors like healthcare, chemicals, petrochemicals, and metallurgy have driven the increased adoption of VPSA technology, especially in medical settings, where the need for on-site gas generation systems, particularly for oxygen, is on the rise.

 

 

CHAPTER 1 METHODOLOGY & SCOPE

1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast parameters
1.4 Data sources
  1.4.1 Primary
  1.4.2 Secondary
    1.4.2.1 Paid sources
    1.4.2.2 Public sources

CHAPTER 2 EXECUTIVE SUMMARY

2.1 Industry 360° synopsis, 2021 - 2034

CHAPTER 3 INDUSTRY INSIGHTS

3.1 Industry ecosystem analysis
  3.1.1 Factors affecting the value chain
  3.1.2 Profit margin analysis
  3.1.3 Disruptions
  3.1.4 Future outlook
  3.1.5 Manufacturers
  3.1.6 Distributors
  3.1.7 Retailers
3.2 Impact forces
  3.2.1 Growth drivers
    3.2.1.1 Rising demand for industrial gases
    3.2.1.2 Growing adoption in emerging economies
    3.2.1.3 Expansion of renewable energy and hydrogen economy
  3.2.2 Industry pitfalls & challenges
    3.2.2.1 High initial investment and maintenance cost
    3.2.2.2 Competition from alternative technologies
3.3 Technology & innovation landscape
3.4 Consumer buying behavior analysis
  3.4.1 Demographic trends
  3.4.2 Factors affecting buying decision
  3.4.3 Consumer product adoption
  3.4.4 Preferred distribution channel
3.5 Growth potential analysis
3.6 Regulatory landscape
3.7 Pricing analysis
3.8 Porter’s analysis
3.9 PESTEL analysis

CHAPTER 4 COMPETITIVE LANDSCAPE, 2024

4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix

CHAPTER 5 MARKET ESTIMATES & FORECAST, BY PRODUCT TYPE, 2021 – 2034, (USD BILLION)

5.1 Key trends
5.2 Oxygen generators
5.3 Nitrogen generators
5.4 Hydrogen generators
5.5 Carbon dioxide (CO?) generators
5.6 Others (Argon, Helium)

CHAPTER 6 MARKET ESTIMATES & FORECAST, BY OPERATION, 2021 – 2034, (USD BILLION)

6.1 Key trends
6.2 Semi-automatic
6.3 Automatic

CHAPTER 7 MARKET ESTIMATES & FORECAST, BY CAPACITY, 2021 – 2034, (USD BILLION)

7.1 Key trends
7.2 Up to 50 Nmі/h
7.3 50 Nmі/h and 500 Nmі/h
7.4 Above 500 Nmі/h

CHAPTER 8 MARKET ESTIMATES & FORECAST, BY END USE, 2021 – 2034, (USD BILLION)

8.1 Key trends
8.2 Healthcare
8.3 Industrial
8.4 Chemical
8.5 Environmental
8.6 Oil & gas
8.7 Energy & power
8.8 Other (Food & Beverages, Metallurgy, etc.)

CHAPTER 9 MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2021 – 2034, (USD BILLION)

9.1 Key trends
9.2 Direct
9.3 Indirect

CHAPTER 10 MARKET ESTIMATES & FORECAST, BY REGION, 2021 – 2034, (USD BILLION)

10.1 Key trends
10.2 North America
  10.2.1 U.S.
  10.2.2 Canada
10.3 Europe
  10.3.1 Germany
  10.3.2 UK
  10.3.3 France
  10.3.4 Italy
  10.3.5 Spain
10.4 Asia Pacific
  10.4.1 China
  10.4.2 India
  10.4.3 Japan
  10.4.4 South Korea
  10.4.5 Australia
  10.4.6 Malaysia
  10.4.7 Indonesia
10.5 Latin America
  10.5.1 Brazil
  10.5.2 Mexico
10.6 MEA
  10.6.1 Saudi Arabia
  10.6.2 UAE
  10.6.3 South Africa

CHAPTER 11 COMPANY PROFILES (BUSINESS OVERVIEW, FINANCIAL DATA, PRODUCT LANDSCAPE, STRATEGIC OUTLOOK, SWOT ANALYSIS)

11.1 AirSep
11.2 NOVAIR USA
11.3 Precision Medical
11.4 Air Products and Chemicals
11.5 PKU Pioneer
11.6 Adsorption Research
11.7 Valmet
11.8 NES Company
11.9 Chenrui Air Separation Technology
11.10 CAIRE
11.11 Linde
11.12 Praxair Technology
11.13 Messer Group
11.14 Oxymat
11.15 PCI Gases


More Publications