Global Revenue Of The Air Separation Plant Reaches 3479.21 Million Dollars

The future market of Air Separation Plant depends on the development of technology, demand and suppliers of air separation unit. Worldwide Installations are not performing in a high lightened way because of sluggish economy. Europe is the largest production market. China is still the fastest growing country, but the speed is expected to slow down because of economic outlook, and the government’s capacity reduction policy has brought negative effect on the demand of Air Separation Plant installation.

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As international economic situation is complicated, in the next few years there will be many uncertainties. Because of the support of government’ policy, more companies are entering air separation plant industry.

In 2017, the global revenue of the Air Separation Plant reaches 3479.21 million dollars, and is expected to be over 3677.3 million dollars in 2018. The growth rate is expected to be about 4.39% for next 5 years.

Although sales of Air Separation Plant show a lot of opportunities, the study group recommends the new entrants who just have money but without technical advantage and downstream support, do not to enter into this industry.

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