The Ultimate Air Separation Plant Market Report: Everything You Need to Know

The Air Separation Plant Market is projected to reach USD 7.89 billion by 2030, growing at a CAGR of 4.6% from 2025 to 2030. Market growth is driven by the expansion of the oil and gas industry, as gases like oxygen and nitrogen are essential for improving thermal efficiency and ensuring safety.

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Key players in the industry include Air Liquide, EuroChem, Messer Group, Praxair, Air Products, Enerflex, Technex, Universal Industrial Gases, Nippon Sanso, Linde, Nikkiso, Matheson Tri-Gas, SIAD Macchine Impianti, Brise Chemicals, and Buzwair Industrial Gases. These companies are adopting strategies such as business expansion to remain competitive and strengthen their market positions.

For example, in February 2025, Air Liquide expanded its presence in Japan with a new unit to meet rising demand driven by the energy transition. In July 2024, Air Products established air separation units in Georgia and North Carolina to increase industrial gas supply, while in January 2024, EuroChem opened a new unit at its Nevinnomysskiy facility in Russia to enhance production of high-purity oxygen and nitrogen.