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The worldwide air separation plant market is very dynamic and is predicted to grow rapidly over the forecast period. Product breakthroughs and technologies have an impact on the growth of the air separation plant market. Furthermore, growth in demand for industrial and specialty gases has resulted in the Asia Pacific emerging as the fastest expanding area. Industrial gas is critical to the country's progress. Some industrial gases, such as nitrogen, oxygen, argon, LNG, and liquefied petroleum gas, are condensed at high pressure to facilitate storage and transportation. It is utilized in several industries, including steelmaking, pharmaceuticals, petrochemicals, and food and beverages. Furthermore, rapid industrialization in emerging economies, increased usage of industrial gases in the solar PV industry, and the development of innovative technologies are projected to drive market demand throughout the projection period.
https://www.globenewswire.com/en/news-release/2021/08/17/2281693/0/en/Air-Separation-Plants-Market-worth-USD-8-13-Billion-by-2027-registering-a-CAGR-of-5-89-Report-by-Market-Research-Future-MRFR.html
https://www.globenewswire.com/en/news-release/2021/08/17/2281693/0/en/Air-Separation-Plants-Market-worth-USD-8-13-Billion-by-2027-registering-a-CAGR-of-5-89-Report-by-Market-Research-Future-MRFR.html
The worldwide air separation plant market is very dynamic and is predicted to grow rapidly over the forecast period. Product breakthroughs and technologies have an impact on the growth of the air separation plant market. Furthermore, growth in demand for industrial and specialty gases has resulted in the Asia Pacific emerging as the fastest expanding area. Industrial gas is critical to the country's progress. Some industrial gases, such as nitrogen, oxygen, argon, LNG, and liquefied petroleum gas, are condensed at high pressure to facilitate storage and transportation. It is utilized in several industries, including steelmaking, pharmaceuticals, petrochemicals, and food and beverages. Furthermore, rapid industrialization in emerging economies, increased usage of industrial gases in the solar PV industry, and the development of innovative technologies are projected to drive market demand throughout the projection period.
https://www.globenewswire.com/en/news-release/2021/08/17/2281693/0/en/Air-Separation-Plants-Market-worth-USD-8-13-Billion-by-2027-registering-a-CAGR-of-5-89-Report-by-Market-Research-Future-MRFR.html
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