Home Advanced Materials Australia Air Separation Unit Market Size, Share And Growth Report By 2033

Australia Air Separation Unit Market Size & Outlook, 2025-2033

Australia Air Separation Unit Market Size

According to Straits Research analysis, the Australia Air Separation Unit Market was valued at USD 156.5 Million in 2024 and is projected to reach USD 239.18 Million by 2033, expanding at a CAGR of 4.8% during the forecast period. This growth is propelled by the increasing demand from key sectors such as agriculture, chemical manufacturing, and energy. Air separation units are used extensively for producing industrial gases which help optimize processes in these sectors, augmenting the demand for them. The market also offers potential due to emerging trends such as green production methods, use of advanced technologies, and increased export potential. With Australia continuing to invest dramatically in these industries and encouraging sustainable practices, it is cementing its strategic position in the global air separation unit market.

Australia Air Separation Unit Market Highlights

  • Within the Process category, Cryogenic Distillation dominated in 2024 in terms of market size contribution.
  • Over the forecast period, Non-cryogenic Distillation is forecasted to deliver the fastest growth, positioning it as the most lucrative Process segment.
  • In 2024, Australia represented 3.2% of the overall global air separation unit market size.
  • United States is projected to lead the global air separation unit market size by 2033.
  • Across Asia Pacific, China is anticipated to hold the dominant position in market by 2033.
  • India is forecasted to expand at the fastest pace in Asia Pacific, attaining USD 2354.6 Million by 2033.

Australia Air Separation Unit Market Revenue Share 2024

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Report Summary

Report Scope Details
Base Year for Study 2024
Study Period 2020-2033
Historical Period 2020-2023
Forecast Period 2025-2033
Market Size In 2024 USD 156.5 Million
Market Size In 2033 USD 239.18 Million
Largest segment Cryogenic Distillation
Fastest segment Non-cryogenic Distillation
Units Revenue in USD Million
CAGR 4.8% (2025-2033)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Segmentation Covered

Segments Sub Segments
Process
  1. Cryogenic Distillation
  2. Non-cryogenic Distillation
Gas
  1. Nitrogen
  2. Oxygen
  3. Argon
  4. Other Gases
End Use
  1. Chemical Industry
  2. Oil and Gas Industry
  3. Iron and Steel Industry
  4. Other end-users
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