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Asia Pacific Pressure Swing Adsorption Market Size study, By Type (Double Stage PSA, Rapid PSA) By Application (Medical Oxygen, Oil Refineries, Production Of Ammonia, High Purity Methane Gas, Other) and Country Forecasts 2022-2032

July 2024 | 200 pages | ID: A1060A837BFFEN
Bizwit Research & Consulting LLP

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Asia Pacific Pressure Swing Adsorption Market is valued approximately USD 1142.95 million in 2023 and is anticipated to grow with a healthy growth rate of more than 7.42% over the forecast period 2024-2032. Pressure Swing Adsorption (PSA) is a gas separation and purification technology that utilizes the selective adsorption of gases onto a solid adsorbent material. The process involves high-pressure adsorption, where the targeted gases are captured by the adsorbent, followed by low-pressure desorption to release them. PSA is commonly applied in industrial settings for purifying hydrogen and oxygen, generating nitrogen, and removing impurities from natural gas and biogas streams. Furthermore, rising emphasis on clean energy technologies are gaining attention towards Asia Pacific Pressure Swing Adsorption Market. Pressure swing adsorption systems play a vital role in clean energy integration by facilitating the purification and storage of gases such as hydrogen, which can be generated from renewable electricity through water electrolysis. The ability to produce and store renewable hydrogen using PSA technology supports the scalability and reliability of renewable energy systems,


The Asia Pacific Pressure Swing Adsorption Market is driven by growing rate of industrialization and rising demand of advance medical technologies across the region. Industrialization fuel the adoption of on-site gas generation solutions using PSA technology to meet the growing demand for gases while optimizing supply chain efficiency. By producing gases on-site, industries can eliminate transportation costs, reduce dependency on external gas suppliers, and ensure a reliable and continuous gas supply tailored to their specific process requirements. In addition, PSA technology provides a reliable and cost-effective solution for producing ultra-pure gases essential for laboratory applications such as chromatography, mass spectrometry, and cell culture. However, high expense related to pressure swing adsorption and complexity associated to design of systems is going to impede the overall demand for the market during the forecast period 2024-2032.

The key Countries considered for the Asia Pacific Pressure Swing Adsorption market study includes China, India, Japan, South Korea, Australia and Rest of Asia Pacific. In 2023, China was the largest regional market in terms of revenue owing to factors such as expansion of semiconductor manufacturing facilities across the region. The expansion of semiconductor manufacturing facilities often involves the adoption of advanced technologies and equipment to improve production efficiency, yield, and quality. PSA systems play a crucial role in providing high-performance gas purification solutions that meet the stringent requirements of modern semiconductor processes. China's semiconductor fabrication upgrades their facilities with state-of-the-art equipment and processes, there is a corresponding need for advanced PSA technology to support these advancements. Furthermore, the market in India, on the other hand, is expected to develop at the fastest rate over the forecast period 2024-2032.

Major market player included in this report are:
Shanghai Hanxing Energy Technology Co.,Ltd
Sumitomo Seika Chemicals Company, Ltd
Asahi Kasei Corporation
Daesung Group
Mitsubishi Chemical Corporation
Company 6
Company 7
Company 8
Company 9
Company 10

The detailed segments and sub-segment of the market are explained below:


By Type
Double Stage PSA
Rapid PSA

By Application
Medical Oxygen
Oil Refineries
Production Of Ammonia
High Purity Methane Gas
Other
By Region:
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

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 of major regions.
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. ASIA PACIFIC PRESSURE SWING ADSORPTION 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. Asia Pacific Pressure Swing Adsorption Market Size & Forecast (2022- 2032)
2.2. Regional Summary
2.3. Segmental Summary
  2.3.1. By Type
  2.3.2. By Application
2.4. Key Trends
2.5. Recession Impact
2.6. Analyst Recommendation & Conclusion

CHAPTER 3. ASIA PACIFIC PRESSURE SWING ADSORPTION MARKET DYNAMICS

3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities

CHAPTER 4. ASIA PACIFIC PRESSURE SWING ADSORPTION 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. Economical
  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. ASIA PACIFIC PRESSURE SWING ADSORPTION MARKET SIZE & FORECASTS BY TYPE 2022-2032

5.1. Double Stage PSA
5.2. Rapid PSA

CHAPTER 6. ASIA PACIFIC PRESSURE SWING ADSORPTION MARKET SIZE & FORECASTS BY APPLICATION 2022-2032

6.1. Medical Oxygen
6.2. Oil Refineries
6.3. Production Of Ammonia
6.4. High Purity Methane Gas
6.5. Other

CHAPTER 7. ASIA PACIFIC PRESSURE SWING ADSORPTION MARKET SIZE & FORECASTS BY COUNTRY 2022-2032

7.1. China Pressure Swing Adsorption Market
  7.1.1. Type breakdown size & forecasts, 2022-2032
  7.1.2. Application breakdown size & forecasts, 2022-2032
7.2. India Pressure Swing Adsorption Market
7.3. Japan Pressure Swing Adsorption Market
7.4. Australia Pressure Swing Adsorption Market
7.5. South Korea Pressure Swing Adsorption Market
7.6. Rest of Asia Pacific Pressure Swing Adsorption Market

CHAPTER 8. COMPETITIVE INTELLIGENCE

8.1. Key Company SWOT Analysis
  8.1.1. Company
  8.1.2. Company
  8.1.3. Company
8.2. Top Market Strategies
8.3. Company Profiles
  8.3.1. Shanghai Hanxing Energy Technology Co.,Ltd
    8.3.1.1. Key Information
    8.3.1.2. Overview
    8.3.1.3. Financial (Subject to Data Availability)
    8.3.1.4. Product Summary
    8.3.1.5. Market Strategies
  8.3.2. Sumitomo Seika Chemicals Company, Ltd
  8.3.3. Asahi Kasei Corporation
  8.3.4. Daesung Group
  8.3.5. Mitsubishi Chemical Corporation
  8.3.6. Company
  8.3.7. Company
  8.3.8. Company
  8.3.9. Company
  8.3.10. Company

CHAPTER 9. RESEARCH PROCESS

9.1. Research Process
  9.1.1. Data Mining
  9.1.2. Analysis
  9.1.3. Market Estimation
  9.1.4. Validation
  9.1.5. Publishing
9.2. Research Attributes

LIST OF TABLES

TABLE 1. Asia Pacific Pressure Swing Adsorption market, report scope
TABLE 2. Asia Pacific Pressure Swing Adsorption market estimates & forecasts by Country 2022-2032 (USD Million)
TABLE 3. Asia Pacific Pressure Swing Adsorption market estimates & forecasts by Type 2022-2032 (USD Million)
TABLE 4. Asia Pacific Pressure Swing Adsorption market estimates & forecasts by Application 2022-2032 (USD Million)
TABLE 5. Asia Pacific Pressure Swing Adsorption market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 6. Asia Pacific Pressure Swing Adsorption market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 7. Asia Pacific Pressure Swing Adsorption market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 8. Asia Pacific Pressure Swing Adsorption market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 9. Asia Pacific Pressure Swing Adsorption market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 10. Asia Pacific Pressure Swing Adsorption market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 11. Asia Pacific Pressure Swing Adsorption market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 12. Asia Pacific Pressure Swing Adsorption market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 13. Asia Pacific Pressure Swing Adsorption market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 14. Asia Pacific Pressure Swing Adsorption market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 15. China Pressure Swing Adsorption market estimates & forecasts, 2022-2032 (USD Million)
TABLE 16. China Pressure Swing Adsorption market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 17. China Pressure Swing Adsorption market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 18. India Pressure Swing Adsorption market estimates & forecasts, 2022-2032 (USD Million)
TABLE 19. India Pressure Swing Adsorption market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 20. India Pressure Swing Adsorption market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 21. Japan Pressure Swing Adsorption market estimates & forecasts, 2022-2032 (USD Million)
TABLE 22. Japan Pressure Swing Adsorption market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 23. Japan Pressure Swing Adsorption market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 24. Australia Pressure Swing Adsorption market estimates & forecasts, 2022-2032 (USD Million)
TABLE 25. Australia Pressure Swing Adsorption market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 26. Australia Pressure Swing Adsorption market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 27. South Korea Pressure Swing Adsorption market estimates & forecasts, 2022-2032 (USD Million)
TABLE 28. South Korea Pressure Swing Adsorption market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 29. South Korea Pressure Swing Adsorption market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 30.
TABLE 31. RoAPAC Pressure Swing Adsorption market estimates & forecasts, 2022-2032 (USD Million)
TABLE 32. RoAPAC Pressure Swing Adsorption market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 33. RoAPAC Pressure Swing Adsorption market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 34. List of secondary sources, used in the study of Asia Pacific Pressure Swing Adsorption Market.
TABLE 35. List of primary sources, used in the study of Asia Pacific Pressure Swing Adsorption Market.
TABLE 36. Years considered for the study.
TABLE 37. Exchange rates considered

LIST OF FIGURES

FIG 1. Asia Pacific Pressure Swing Adsorption market, research methodology
FIG 2. Asia Pacific Pressure Swing Adsorption market, market estimation techniques
FIG 3. Asia Pacific market size estimates & forecast methods.
FIG 4. Asia Pacific Pressure Swing Adsorption market, key trends 2023
FIG 5. Asia Pacific Pressure Swing Adsorption market, growth prospects 2022-2032
FIG 6. Asia Pacific Pressure Swing Adsorption market, porters 5 force model
FIG 7. Asia Pacific Pressure Swing Adsorption market, pestel analysis
FIG 8. Asia Pacific Pressure Swing Adsorption market, value chain analysis
FIG 9. Asia Pacific Pressure Swing Adsorption market by segment, 2022 & 2032 (USD Million)
FIG 10. Asia Pacific Pressure Swing Adsorption market by segment, 2022 & 2032 (USD Million)
FIG 11. Asia Pacific Pressure Swing Adsorption market by segment, 2022 & 2032 (USD Million)
FIG 12. Asia Pacific Pressure Swing Adsorption market by segment, 2022 & 2032 (USD Million)
FIG 13. Asia Pacific Pressure Swing Adsorption market by segment, 2022 & 2032 (USD Million)
FIG 14. Asia Pacific Pressure Swing Adsorption market, Country snapshot 2022 & 2032
FIG 15. Asia pacific Pressure Swing Adsorption market 2022 & 2032 (USD Million)
FIG 16. Asia Pacific Pressure Swing Adsorption market, company market share analysis (2023)


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