Bearing Market Pegged to Expand Robustly During 2018-2023

Bearing Market 2018

Bearing Market 2018 is latest research report by MarketResearchFuture, the global Bearing market is expected to Register High Growth Rate during 2018 To 2023. Report analyzes Bearing Market Key Companies with Size, Share, Trends analysis, and Key Country Forecast to 2023. Bearing Market Information is segmented by Product (Plain Bearings, Ball Bearings, Roller Bearings and others), by Application (Automotive, Electronics, Aerospace, Construction and others) and By Region - Global Forecast to 2022

The Key Players of Bearing Market Are:

NTN Corporation (Japan), Svenska Kullagerfabriken AB (Sweden), Schaeffler Group (Germany), NSK Ltd. (Japan), The Timken Company (U.S.), JTEKT Corporation (Japan), Robert Bosch GmbH (Japan), The Danaher Corporation (U.S.), GKN plc.(U.K.) Minebea Mitsumi, Inc. (Japan) and others.

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Market Scenario

Bearings are used in the automotive and other machinery to constraint the relative motion to the motion desired and reduce friction between the moving parts of the machinery. All bearings provide some common type of motions such as door motion, linear motion, spherical rotation and shaft rotation. The global bearing market is expected to be driven by the increase in manufacturing of durable goods.

Segmentation:

On the basis of product type, the ball bearing is dominating the bearing market with the increase in investments across railway & aerospace sectors. The increase in air traffic reflects that there is substantial increase in the demand of commercial aircrafts, which is driving the sales of the bearing market in the forecast period.

On the basis of application, automotive segment has the largest market share in the bearing market. The implementation of technologically advanced solutions in the automotive sector is driving the bearing market. The anti-lock braking system used in automobiles is further driving the growth of bearing market.

Regional Analysis of Bearing Market

The bearing market can be geographically segmented into North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). Asia-Pacific is expected to dominate the global bearing market due to the huge growth of the automotive sector in the region. The government policies in nations such as India allow 100% FDI in the auto sector. These government initiatives help in boosting the bearing market in the region.

The report for Bearing Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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Table of Contents     

1    Executive Summary

2    Research Methodology

3    Market Dynamics

4    Global Engineering Plastic Market, By Products

5    Global Engineering Plastic Market, By Application

6      Regional Market Analysis

7    Competition Analysis

…….Continued

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Global Automotive Instrument Cluster Market Trends, Demand and Forecast To 2023

Instrument Cluster Market 2018

Instrument Cluster Market Share, Size, Trends, And Business Opportunity Analysis Report 2018 include historic data, with forecast data to 2023. Instrument Cluster Market report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, And Global market size, share, Growth, Trends, key players forecast to 2023

Market Scenario:

Instrument Cluster is a set of instruments that consists of a speedometer and infotainment display. The display can be both, digital and analog. The instrument panel also displays the speed of the vehicle, the amount of fuel available, and traffic condition with the help of navigation system. It ensures that driving is equally safe and comfortable because it presents the information in a clear way at a given point of time. In the current automotive industry, various technologies have evolved to provide better display information for the driver such as HMI concept. The instrument panel consists of software powered display panel for conveying information. There are three types of instrument panel and they are analog, digital, and hybrid. In an analog type of instrument cluster, there are two large dials for the speedometer, and a gauge for the fuel level indicator. The hybrid instrument cluster is the combination of analog and digital display system for showcasing the information in both forms. Digital instrument panels are the ones, which display all the information in digital form mostly on LCD or TFT display. In the technology driven era, the hybrid form is most likely to boost the market.

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Instrument Cluster Market Information Report by Technology Type (Analog, Digital, and Hybrid), Vehicle Type (passenger car and commercial vehicle), and region.

The Key Players in Instrument Cluster Market Are:

Continental AG (Germany), Mentor Graphics (U.S), Visteon (U.S), Delphi (U.S), Qualcomm (U.S), Bosch (Germany), Denso (Japan), Alpine Electronics (Japan), Japan Display Inc. (Japan) and Innolux (Taiwan).

The factors that are responsible for the growth of Instrument Cluster are development in the technology, rising demand for electronic driven instrument panels, growing demand for advanced driver assistance system (ADAS) in high end cars, increase demand for electric vehicles, and others. Nowadays, there has been rising demand for the OEM manufacturers to develop products that are different than that of their competitors. The demand from the customers for high quality instrument panels have increased the demand for innovative display system to be installed in the vehicle. This increase in demand for the innovative display systems, will lead to the growth of instrument cluster market in future. The rising demand for electronic instrument cluster with 2D and 3D graphics system have increased the demand for the instrument clusters. In the technology driven world, there is increase in the demand for instrument clusters that can be integrated with the smartphones. OEMs are trying to integrate the instrument cluster with the smartphone devices so as to make a personalize instrument cluster for the customers. This growing demand for the personalize instrument cluster will result in the growth of the market during the forecast period.

Segmentation:

Instrument Cluster market is segmented based on technology type, vehicle type, and region. On the basis of technology type, the market has been segmented as analog, digital, and hybrid. The hybrid instrument cluster segment is expected to dominate the market during the forecast period, due to the ability to integrate the system with both, digital and analog form. This type of instrument cluster displays the information in analog and digital form, due to which there has been an increase in demand for this type of technology. The segment is expected to grow in the near future due to the presence of analog and digital system, low cost for the system, higher use of electronic devices in the vehicle. In the past years, it has been seen that the share of analog system, has been more than the digital form. But the changing technology, and higher demand for the luxury vehicles will increase the demand for hybrid clusters in vehicle. This increase in demand will lead to the growth of the market in the future.

On the basis of region, the market has been segmented based on North America, Asia Pacific, Europe, and Rest of the World. Asia Pacific region is expected to dominate the Instrument Cluster market during the forecast period due to the growing demand of vehicle in emerging countries such as India, China, and Japan. The increase in the production of the vehicle in Asia Pacific, is directly linked with the instrument cluster. The rising production of vehicle will result in the increase in use of instrument clusters. This will drive the market in future. Asia Pacific is witnessing an increase in the share of global vehicle sales, and is expected to see continued growth in the coming years. The developing countries are making efforts to develop innovative policies and trade liberalization programs to step up with innovative technologies. The increase in government efforts in the automotive industry, will drive the growth of the instrument cluster market in the future. North America is expected to be the second largest market in the Instrument Cluster market. In North America, U.S. is expected to hold the largest share in the future. Europe is the third largest market in automotive cluster market due to stagnant growth in the automotive industry,

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Table of Contents

1 Executive Summary

2 Scope Of The Report

3 Market Landscape

4 Market Dynamics

5 Global Instrument Cluster Market, By Technology Type

6 Global Instrument Cluster Market, By Vehicle Type

7 Global Instrument Cluster Market, By Region

8 Competitive Landscape

9 Company Profile

Continued……. 

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Automotive Relay Market Pegged to Expand Robustly During 2018-2023

Automotive Relay Market 2018

Automotive Relay Market Share, Size, Trends, And Business Opportunity Analysis Report 2018 include historic data, with forecast data to 2023. Automotive Relay Market report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, And Global market size, share, Growth, Trends, key players forecast to 2023

Automotive Relay Market Information Report by Type (PCB, Plug-In, High Volt, Protective, Time Relay), Load Type (Small Load, Medium Load, and Heavy Load), Electric Vehicle Type (Hybrid Electric Vehicle, Plug-In Hybrid Electric Vehicle, and Battery Electric Vehicle), and region.

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Market Highlights:

The automotive relay is the system that uses an electromagnet to mechanically operate the switch for the power supply to flow through the circuits in the vehicle. They are located across the electrically system in the vehicle for controlling the supply of the power. They are electrical remote control switches that are controlled by another switch to control the supply of higher power in the system. The automotive relay must include high performance and long lasting components to provide better efficiency. There are several factors that need to be considered while selecting automotive relay, which takes into account the kind of component required, hi amp switching, and others. Different types of automotive relay are being installed in the vehicles such as PCB, Plug-In, High Volt, Protective, and Time relay. PCB relay are most widely used due to its improved efficiency and better power handling capability. The automotive relay is being used since the development of electronic controls in the vehicles. The electronic control in the automotive includes various technologies and systems such as advance driver assistance system, and electric steering system, which use the relay to control the power from one circuit to another. Due to the increased use of automotive relay the market is expected to grow in future.

The Key Players in Automotive Relay Market Are:

TE Connectivity Corporation (Switzerland), Omron Corporation (Japan), Panasonic Corporation (Japan), Fujitsu (Japan), and Hella KGaA Hueck & Co. (Germany), Denso Corporation (Japan), American Zettler (U.S.), ABB Group (Switzerland), Eaton Corporation plc (Republic of Ireland), Sharp Corporation (Japan), NEC Corporation (Japan), Nippon-Aleph (Japan), Daesung Electric (India), Mouser Electronics, Inc.(U.S.).

Segmentation:

By Type: PCB, Plug-In, High Volt, Protective, Time Relay

By Load Type: Small Load, Medium Load, Heavy Load

By Electric Vehicle Type: Hybrid Electric Vehicle, Plug-In Hybrid Electric Vehicle, Battery Electric Vehicle

By Region: North America, Europe, Asia Pacific, Rest of the World

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Regional Analysis:

On the basis of region, the market is segmented as North America, Asia Pacific, Europe, and Rest of the World. In Asia Pacific region, there is an increase in the production of electric vehicles in countries such as India, China, and Japan. The major growth in Asia Pacific is due to the increase in the use of automotive relay because of its ability to provide safety related benefits in the electronic system. North America is expected to account for the second largest market in automotive relay market during the forecast period due to increased use of electronics components in vehicles. The region is expected to grow at a steady state during the forecast period. The advancement in technology, has led to an increase in demand for the electronic in automotive. The other factors that are responsible for the growth of this market are increase in purchasing power of the customer and change in the lifestyle. The increase in the purchasing power will lead to growth in the sale of vehicles with latest technology, which will drive the automotive relay market in future. Europe is expected to be the third largest market in the automotive relay market and is expected to grow during the forecast period. In Europe, Germany is expected to dominate the market due to highest production of passenger and commercial vehicles. The increase in the production of vehicles in Germany, will result in the growing use of automotive relay in the electrical system. This will result in the growth of the market during the forecast period.

Scope of the Report:

This study provides an overview of the global automotive relay market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global automotive relays market by its type, load type, electric vehicle

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Continued……. 

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Hybrid Vehicle Market 2018: Global Industry Analysis and Opportunity Assessment, Forecast To 2023

Hybrid Vehicle Market 2018

Hybrid Vehicle Market 2018 is latest research report by MarketResearchFuture, the global Hybrid Vehicle market is expected to Register High Growth Rate during 2018 To 2023. Report analyzes Hybrid Vehicle Market Key Companies with Size, Share, Trends analysis, and Key Country Forecast to 2023. Hybrid Vehicle Market Information is segmented by Electric Powertrain (Parallel, Series), by Propulsion (HEV, PHEV, NGV), by Component Type (Electric Motor, Transmission, Battery), by Degree of Hybridization, by Vehicle Type & by Region - Forecast till 2023

The Key Players in Hybrid Vehicle Market Are:

Toyota Motor Corporation (Japan), The Ford Motor Company (U.S.), AB Volvo (Sweden), Continental AG (Germany) and ZF Friedrichshafen AG (Germany). Daimler AG (Germany), Hyundai Motor Company (South Korea), Honda Motor Company, Ltd. (Japan), Schaeffler Technologies AG & Co. KG (Germany), BorgWarner Inc. (U.S.), Delphi Technologies, Inc. (U.K.) and Allison Transmission (U.S.) are amongst the other important players in this market.

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Market Scenario:

The hybrid vehicle primarily uses two or more different power sources, namely the internal combustion engine and the electric generator, which help operate the electric motor. Types of the fossil fuel such as petrol or diesel are used to drive the petrol engine or the diesel engine, which in turn drives the electric trains connected to the electric generator. The electric generator ultimately powers the electric motor. The primary principle that drives the hybrid vehicles is that different sources of powering the engine work efficiently corresponding to different speeds. After this, the switching from one fuel to the other at the right time results in maximum efficiency yielded by the automobile engine. This ultimately leads to the overall fuel efficiency thus, saving on the fuel cost required for operating the automobile.

Several factors aid in the growth of the global hybrid vehicle market. Firstly, the rise in fossil fuel costs has led to customers demanding hybrid vehicles to bring down the automobile operating cost. Secondly, the governments of leading countries are trying to reduce the carbon footprint by switching to alternative automobile fuels and the hybrid vehicle option, which would lead to reduced pollution. Thirdly, the scarcity of the fossil fuels due to excessive consumption has encouraged automakers to search for newer and cost-efficient automotive technologies including the hybrid vehicles for safeguarding the future automobile sales. Lastly, greater efficiency in terms of engine performance and fuel consumption can be achieved using the hybrid vehicles. The global hybrid vehicle market is expected to expand with a CAGR of approx. 9% (2017 to 2023).

Hybrid Vehicle Market by Segmentation:

On the basis of propulsion type, the plug-in hybrid electric vehicles are growing in popularity. Besides the generator, and engine mechanism, which generates electric power to charge the battery, these vehicles consist of a battery that can be recharged by plugging into an external power source. The hybrid electric vehicles use a battery source that can only be charged by the engine generator mechanism apart from completely replacing the battery as a brand new unit. The natural gas vehicle makes use of the compressed natural gas, which helps in powering the engine that drives the generator, which in turn drives the electric motor causing the motion of the vehicle.

Regional Analysis:

On the basis of region, the market is segmented into North America, Asia Pacific, Europe, and Rest of the World. Asia Pacific is expected to lead the market demand in the hybrid vehicles. The large population in this region coupled with a rising middle class causes the automotive sales in this region to rise, continuously. The underperforming and overburdened public transport system in countries such as India and China result in continual increase in the use of private automobiles. To tackle the increased fuel costs, the customers in this region are preferring the hybrid vehicles. The stringent emission norms laid down by the European Union and the United States Environmental Protection Agency have resulted in higher preference of hybrid vehicles. All these factors, cumulatively make the hybrid vehicle a continually growing market at the global level.

The report for Global Hybrid Vehicle Market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative and quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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Table of Contents

1 Executive Summary

2 Scope Of The Report

3 Market Landscape

4 Market Dynamics

5 Global Hybrid Vehicle Market, By Electric Powertrain

6 Global Hybrid Vehicle Market, By Propulsion

7 Global Hybrid Vehicle Market, By Component Type

8 Global Hybrid Vehicle Market, By Degree Of Hybridization

9 Global Hybrid Vehicle Market, By Vehicle Type

10 Global Hybrid Vehicle Market, By Region

11 Competitive Landscape

12 Company Profile

Continued……. 

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR) and Market Research & Consulting Services.

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Global Automotive Constant Velocity Joint Market 2018 Study and Analysis Research Report Forecast To 2023

Automotive Constant Velocity Joint Market 2018

Automotive Constant Velocity Joint Market 2018, is latest research report by MarketResearchFuture, the global Automotive Constant Velocity Joint market is expected to Register High Growth Rate during 2018 To 2023. Report analyzes Automotive Constant Velocity Joint Market Key Companies with Size, Share, Trends analysis, and Key Country Forecast to 2023. 

The Prominent Players in The Automotive Constant Velocity Joints Market Are:

GKN (U.K.), IFA Rotorion (Germany), SKF (Sweden), NTN Corporation (Japan), Nexteer Automotive (U.S.) NKN Co. Ltd. (Japan), ZWZ (China),andZhejiang ODM Transmission Technology Co.,Ltd. (China). Wanxiang Qianchao Co. Ltd. (China), Nanyang Automobile & Cycle Group (China), Taizhou Hongli Automobile Parts Co. Ltd. (China), Shandong Huifeng Auto Fittings Co. Ltd.(China), American Axle & Manufacturing Holdings, Inc.(U.S.), Hyundai WIA Corporation (South Korea) and Neapco Holdings LLC (U.S.) are among others.

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Market Scenario:

Constant-velocity joints are needed to transfer torque through variable angles at constant speed, which allow an up & down motion of the steering and spring deflection. Most of the front wheel drive vehicles use constant velocity joints to allow constant rotational speed. The advantage of using constant velocity joint is they provides the same output energy in relation to the input energy.

Constant velocity joints are efficient for high power transmission where operating angles are sharp and may be used in various agricultural and industrial applications. They can be accommodated in less space and require less driving units as well as they reduced noise. Thus, it maintains the comfort of vehicle occupants. 

Constant velocity joints market has seen remarkable growth in the global market and it has been observed that it is expected to rise with the CAGR of ~6.56%.  Rapid increase in sales of passenger cars, hatchback, SUV, and Sedans, across the globe, drive the growth of constant velocity joints. Rapidly growing construction industry, across the globe, drives the growth of global automotive constant velocity joints due to an increase in demand of heavy motor vehicle for carrying construction materials. Global transportation and logistics industry is growing due to the increasing logistics in the industry, which drives the global automotive constant vehicle joint market. Constant velocity joints provide smooth turning, and easy drive, enhancing the efficiency of the vehicle and reducing wear out of the auto parts. These factors will increase the demand for constant velocity joints. Increase in mergers and acquisitions of key players with local companies increases the demand for automotive constant velocity joint market. However, high replacement cost will hinder the growth of the constant velocity joint market. Growing preference for public transport to reduce greenhouse gas emissions  the key challenge for constant velocity joint market. Innovation and development in material with high heat resistance and low distortion during rotation are major challenges for manufacturers.

Regional Analysis:

Geographically, the global automotive constant velocity joints market has been segmented into four major regions of North America, Europe, Asia-Pacific, and Rest of the World. North America is expected to dominate the growth of the market during the forecast period followed by the Europe. Innovation in constant velocity joints and significant growth in manufacturing industry, increases the demand for constant velocity joints market. Russia and Poland are also estimated to boost the market for constant velocity joints due to significant growth in logistics and transportation industry.     Asia Pacific is expected to see high growth in constant velocity joints due to high demand for passenger cars.

The report for Global Automotive Constant Velocity Joint of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative and quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides detaileddetails information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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Table of Contents

1 Executive Summary

2 Scope Of The Report

3 Market Landscape

4 Market Dynamics

5 Global Automotive Constant Velocity Joint Market, By Joint Type

6 Global Automotive Constant Velocity Joint Market, By Vehicle Type

7 Global Automotive Constant Velocity Joint Market, By Application

8 Global Automotive Constant Velocity Joint Market, By Region

9 Competitive Landscape

10 Company Profile

Continued…….  

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR) and Market Research & Consulting Services.

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Global Water and Wastewater Treatment Equipment Market Trends, Demand and Forecast To 2023

Water and Wastewater Treatment Equipment Market 2018

Water and Wastewater Treatment Equipment Market 2018 is latest research report by MarketResearchFuture, the global Water and Wastewater Treatment Equipment market is expected to Register High Growth Rate during 2018 To 2023. Report analyzes Water and Wastewater Treatment Equipment Market Key Companies with Size, Share, Trends analysis, and Key Country Forecast to 2023. Water and Wastewater Treatment Equipment Market Information is segmented by Treatment Type (Membrane Separation, Disinfection, Sludge treatment and Others), By Application (Municipal and Industrial) And Region - Forecast To 2023 

The Key Players of Global Water and Wastewater Treatment Equipment Market Include:

GE Water & Process Technologies (U.S.), Aquatech International Corporation (U.S.), Veolia Water Technologies (France), WPL Limited (U.K.), Fluence Corporation Limited (U.S.), Napier Reid Ltd. (Canada), Calgon Carbon Corporation (U.S.), Xylem Inc. (U.S.), Kemira Oyj (Finland) and Corix Water System (Canada).

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Market Synopsis

The demand for water and wastewater treatment equipment is growing significantly, over the years. Various industries such as food & beverages, chemicals, pharmaceuticals, pulp & paper, power, metal & mining, semiconductors, textiles, and oil & gas, call for the usage of clean water and therefore drive the growth of the market during the forecast period. The other factors contributing growth in the market are stringent government emission regulations and increasing urbanization. The global water and wastewater treatment equipment market is expected to experience opportunities during the forecast period, owing to factors such as increasing scope for operations & maintenance, and growth in emerging economies. The growing population, technological developments, rapid urbanization, and growth in infrastructure have augmented the growth of these equipment in the emerging markets.

The global water and wastewater treatment equipment market size is projected to grow from USD 51.25 Billion in 2016 to USD 73.25 Billion in 2023 at a CAGR of 5.33% during the forecast period.

Market Highlights:

With the increasing concerns about the health risks and environmental impact of the biological contaminants, chemicals, and disinfection byproducts in the supply of water and wastewater, the governments of various countries have introduced various emission regulations, which are fuelling the demand of water and wastewater treatment equipment. The increase in disposable income, changing lifestyle, and increasing health awareness, simultaneously shift in the focus towards the consumption and usage of clean water in urban areas, are all driving the growth of the market.     

Scope of the Report:

This study provides an overview of the global Water and wastewater treatment equipment market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Water and wastewater treatment equipment market by its treatment type, application and region.

Regional Analysis:

Amongst all regions, Asia-Pacific region is expected to grow with the highest CAGR and accounts for the largest market share of 33.50% in 2016.  In the Asia-Pacific region, developing countries such as China and India are the biggest consumers of water due to population growth and rapid industrialization. The disposal of wastewater from the industries, is driving the need for rapid adoption of water and wastewater treatment equipment. In the countries of Japan and South Korea, strict rules and regulations have been imposed by the government, which are further contributing to the growth of the market during the forecast period.

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Table of Contents

1   Executive Summary

2   Introduction

3   Research Methodology

4   Market Dynamics

5   Market Factor Analysis

6   Patent Trends

7   Global Water And Wastewater Treatment Equipment Market, By Technology Type

8   Global Water And Wastewater Treatment Equipment Market, By Application

9   Global Water And Wastewater Treatment Equipment Market, By Region

10   Competitive Scenario

11   Company Profiles

12   List Of Tables

13   List Of Figures    

Continued…….     

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR) and Market Research & Consulting Services.

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Air Separation Plant Market- Global Industry Size, Share, Trends, Analysis and Forecast 2018 – 2022

Market Insights

Air separation is a vital activity which provides required components across a wide variety of industries. Market Research Future has published its detailed report on the global air separation plant market which is anticipated to grow consistently over the forecast period of 2016 to 2022. Air separation plants are actively used to separate atmospheric air into primary components which include oxygen, nitrogen, hydrogen, and other inert gases. Valued at USD 4,132 Mn in 2015, the global air separation plant market is expected to grow to reach an evaluation of USD 5,852.7 Mn by the end of the review period.

Several advancements in the separation process used in air separation plants; this has led to increased use and construction of such plants. Industrial applications of specialty gases such as carbon dioxide, helium, argon, hydrogen, nitrogen, oxygen, and acetylene have grown, and as a result, there has been the considerable growth of the air separation market. Specialized applications for the same requires the use of these gases, making them indispensable in lighting, laser & chemicals among others. Moreover, these separated gases are also used extensively in various end-use industries which are flourishing and increasing the demand for gases provided by air separation plants.

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Market Segmentation

The global air separation market is segmented on the basis of type, process, application, gas, and region. By type, the market is categorized into under 20,000 M3/H, 20,000-40,000 M3/H, 40,000 - 80,000 M3/H, and more than 80,000 M3/H. By process, the market is divided into cryogenic distillation process and noncryogenic distillation process. By application, the market includes paper, metallurgy, chemical, oil & gas, and others. By gas, the market is segmented into oxygen, nitrogen, argon, and carbon dioxide.

The global division of the air separation market segments it into North America, Europe, Asia Pacific, and the Rest of the World.

Regional Analysis

Asia Pacific accounts for the largest regional market with a market share of 40.70% and a projected CAGR of 6.09% during the assessment period. The region's growth is driven by the high number of industrial activities and the growing healthcare sector which is increasingly imposing stringent environmental regulations.

Meanwhile, the North American market accounts for the second largest region which was valued at USD 1,223.1 Mn in 2015. Growth is led by the US, and the region is expected to witness a CAGR of 4.70% over the forecast period.

Key Players

Market players profiled in the report include Air Products and Chemicals Inc., Messer Group GmbH, Linde AG, Praxair Inc., Air Liquide S.A, Taiyo Nippon Sanso Corporation, Enerflex, Universal Industrial Gases, Technex Limited, and Gas Engineering LLC.

Latest Industry News

Praxair has commenced operations at two new air separation plants in Southern China PetroChemical Park. The increased capacity has four air separation units and has 2,400 tonnes per day of oxygen capacity each. The plants primarily serve China National Offshore Oil Corporation.

Air Products has received a contract to supply syngas to Jiutai New Material Co Lt in China. Commencement of operations is projected in the fourth quarter of 2021.

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Table of Contents      

     

1   EXECUTIVE SUMMARY

2   RESEARCH METHODOLOGY

3   MARKET DYNAMICS

4   GLOBAL AIR SEPARATION PLANT MARKET, BY TYPE

5   GLOBAL AIR SEPARATION PLANT MARKET, BY PROCESS

6   GLOBAL AIR SEPARATION PLANT MARKET, BY APPLICATION

7   GLOBAL AIR SEPARATION PLANT MARKET, BY GAS

8   REGIONAL MARKET ANALYSIS

9   COMPETITIVE ANALYSIS

Continued……. 

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