Mexico Air Separation Unit Market Size & Outlook, 2025-2033
Mexico Air Separation Unit Market Size
According to Straits Research analysis The Mexico Air Separation Unit Market was valued at USD 34.35 Million in 2024 and is projected to reach USD 57.92 Million by 2033, expanding at a CAGR of 5.9% during the forecast period. This growth is predominantly driven by increasing demand for industrial gas in agriculture, chemicals, and energy sectors where air separation units play a pivotal role in producing nitrogen, oxygen, argon, and rare inert gases. Innovative low-carbon production methods and sustainability-focused tech advancements are emerging trends offering potential growth opportunities. The accelerating emphasis on green technology gives this sector a boost. Mexico is steadily positioning itself as a key player in the market with its export potential and technological proficiency, expected to propel its air separation unit market in the forthcoming years.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Mexico Air Separation Unit Market Highlights
- Cryogenic Distillation held the leading position among Process segments in 2024, based on market size.
- Non-cryogenic Distillation is projected to post the fastest growth rate, sustaining its position as the most attractive Process segment during the forecast horizon.
- In 2024, Mexico accounted for 0.7% of the global air separation unit market size.
- By 2033, United States is expected to lead the global air separation unit market in terms of market size.
- Within Latin America, Rest of Latin America is projected to dominate the regional air separation unit market size by 2033.
- Mexico is identified as the fastest-growing market in Latin America, anticipated to reach USD 627.02 Million by 2033.
Mexico 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 34.35 Million |
| Market Size In 2033 | USD 57.92 Million |
| Largest segment | Cryogenic Distillation |
| Fastest segment | Non-cryogenic Distillation |
| Units | Revenue in USD Million |
| CAGR | 5.9% (2025-2033) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Process |
|
| Gas |
|
| End Use |
|
Mexico Air Separation Unit Market By Process 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Mexico Air Separation Unit Market By Gas 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Mexico Air Separation Unit Market By End Use 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
