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World - Liquid Air Or Compressed Air - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLiquid Air And Distilled Water Market
The global market for liquid or compressed air and distilled or conductivity water is on the rise, with an anticipated increase in consumption over the next eight years. Market volume is expected to reach 36M tons by 2030, with a projected value of $110.3B. Consumption saw significant growth in 2022, with Slovakia leading in both consumption and production. Liquid air and distilled water consumption and production also increased in countries like Poland and China. Imports and exports of liquid air and distilled water also showed significant growth, with countries like Japan and China being key importers and exporters. Prices fluctuated by country, with China and Canada being notable suppliers at varying price points. Overall, the global market for liquid air and distilled water is showing signs of continuous expansion.
Market Forecast
Driven by increasing demand for liquid or compressed air and distilled or conductivity water worldwide, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +0.5% for the period from 2022 to 2030, which is projected to bring the market volume to 36M tons by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +2.5% for the period from 2022 to 2030, which is projected to bring the market value to $110.3B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Liquid Or Compressed Air And Distilled Or Conductivity Water
In 2022, the amount of liquid or compressed air and distilled or conductivity water consumed worldwide skyrocketed to 35M tons, with an increase of 26% on the previous year. Over the period under review, consumption saw a resilient expansion. Global consumption peaked in 2022 and is expected to retain growth in the near future.
The value of the market for liquid or compressed air and distilled or conductivity water worldwide soared to $90.2B in 2022, with an increase of 17% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $96.4B. From 2021 to 2022, the growth of the global market remained at a somewhat lower figure.
Consumption By Country
The country with the largest volume of liquid air and distilled water consumption was Slovakia (12M tons), accounting for 34% of total volume. Moreover, liquid air and distilled water consumption in Slovakia exceeded the figures recorded by the second-largest consumer, Poland (4.8M tons), twofold. The third position in this ranking was taken by Hungary (2.7M tons), with a 7.8% share.
In Slovakia, liquid air and distilled water consumption increased at an average annual rate of +42.9% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Poland (+11.8% per year) and Hungary (+9.4% per year).
In value terms, the largest liquid air and distilled water markets worldwide were China ($17.9B), the United States ($14B) and Japan ($12.6B), together accounting for 49% of the global market. India, Russia, Italy, Slovakia, Poland, Spain, Hungary and Austria lagged somewhat behind, together accounting for a further 6.1%.
Among the main consuming countries, Slovakia, with a CAGR of +37.0%, saw the highest growth rate of market size over the period under review, while market for the other global leaders experienced more modest paces of growth.
In 2022, the highest levels of liquid air and distilled water per capita consumption was registered in Slovakia (2,171 kg per person), followed by Hungary (277 kg per person), Poland (128 kg per person) and Austria (89 kg per person), while the world average per capita consumption of liquid air and distilled water was estimated at 4.4 kg per person.
In Slovakia, liquid air and distilled water per capita consumption expanded at an average annual rate of +42.8% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Hungary (+9.6% per year) and Poland (+11.9% per year).
Production
World Production of Liquid Or Compressed Air And Distilled Or Conductivity Water
In 2022, approx. 36M tons of liquid or compressed air and distilled or conductivity water were produced worldwide; rising by 26% against the year before. In general, production enjoyed resilient growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by 27% against the previous year. Over the period under review, global production hit record highs in 2022 and is expected to retain growth in the near future.
In value terms, liquid air and distilled water production rose rapidly to $88.3B in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 68% against the previous year. As a result, production attained the peak level of $97.9B. From 2021 to 2022, global production growth remained at a lower figure.
Production By Country
The country with the largest volume of liquid air and distilled water production was Slovakia (12M tons), accounting for 33% of total volume. Moreover, liquid air and distilled water production in Slovakia exceeded the figures recorded by the second-largest producer, Poland (4.8M tons), twofold. The third position in this ranking was taken by China (2.8M tons), with a 7.8% share.
In Slovakia, liquid air and distilled water production increased at an average annual rate of +42.9% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: Poland (+11.8% per year) and China (+1.5% per year).
Imports
World Imports of Liquid Or Compressed Air And Distilled Or Conductivity Water
In 2022, supplies from abroad of liquid or compressed air and distilled or conductivity water increased by 3.6% to 459K tons, rising for the second year in a row after two years of decline. In general, imports showed a tangible expansion. The most prominent rate of growth was recorded in 2018 with an increase of 73%. As a result, imports reached the peak of 859K tons. From 2019 to 2022, the growth of global imports remained at a lower figure.
In value terms, liquid air and distilled water imports reduced markedly to $1.5B in 2022. Overall, imports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2017 with an increase of 126%. Over the period under review, global imports attained the peak figure at $3.2B in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.
Imports By Country
In 2022, Japan (155K tons) and the United States (116K tons) were the key importers of liquid or compressed air and distilled or conductivity wateraround the world, together reaching approx. 59% of total imports. Macao SAR (18K tons), Singapore (14K tons), Belgium (14K tons), Italy (13K tons), China (13K tons), Canada (11K tons), Austria (10K tons), France (9.7K tons), Germany (8.4K tons) and Hong Kong SAR (7.6K tons) followed a long way behind the leaders.
From 2012 to 2022, the biggest increases were recorded for Japan (with a CAGR of +37.4%), while purchases for the other global leaders experienced more modest paces of growth.
In value terms, Japan ($542M) constitutes the largest market for imported liquid or compressed air and distilled or conductivity water worldwide, comprising 37% of global imports. The second position in the ranking was held by China ($259M), with an 18% share of global imports. It was followed by the United States, with a 7.2% share.
In Japan, liquid air and distilled water imports increased at an average annual rate of +33.5% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: China (+38.9% per year) and the United States (+3.3% per year).
Import Prices By Country
The average import price for liquid or compressed air and distilled or conductivity water stood at $3,163 per ton in 2022, falling by -37.8% against the previous year. Overall, the import price, however, enjoyed a strong expansion. The growth pace was the most rapid in 2020 an increase of 85%. Global import price peaked at $5,087 per ton in 2021, and then dropped rapidly in the following year.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($20,669 per ton), while Macao SAR ($206 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.5%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Liquid Or Compressed Air And Distilled Or Conductivity Water
In 2022, global liquid air and distilled water exports soared to 1.5M tons, with an increase of 25% compared with the previous year. Overall, total exports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when exports increased by 77%. Over the period under review, the global exports attained the peak figure at 1.5M tons in 2014; afterwards, it flattened through to 2022.
In value terms, liquid air and distilled water exports soared to $3.8B in 2022. Over the period under review, exports showed a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of 110% against the previous year. The global exports peaked in 2022 and are expected to retain growth in years to come.
Exports By Country
In 2022, Canada (754K tons) represented the major exporter of liquid or compressed air and distilled or conductivity water, mixing up 51% of total exports. Israel (391K tons) ranks second in terms of the total exports with a 27% share, followed by China (11%). Germany (37K tons) and Hong Kong SAR (23K tons) followed a long way behind the leaders.
From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of +13.7%), while shipments for the other global leaders experienced more modest paces of growth.
In value terms, China ($2.8B) remains the largest liquid air and distilled water supplier worldwide, comprising 74% of global exports. The second position in the ranking was held by Israel ($297M), with a 7.9% share of global exports. It was followed by Germany, with a 2% share.
In China, liquid air and distilled water exports increased at an average annual rate of +46.7% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Israel (-1.4% per year) and Germany (-1.9% per year).
Export Prices By Country
In 2022, the average export price for liquid or compressed air and distilled or conductivity water amounted to $2,563 per ton, approximately mirroring the previous year. In general, the export price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 115%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was China ($17,297 per ton), while Canada ($80 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+31.1%), while the other global leaders experienced mixed trends in the export price figures.
This report provides an in-depth analysis of the global market for liquid air and distilled water. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20111300 - Liquid air, compressed air
- Prodcom 20135250 - Distilled and conductivity water and water of similar purity
- Prodcom 20135290 - Other inorganic compounds n.e.c., amalgams (excluding distilled and conductivity water and water of similar purity, l iquid air and compressed air, those of precious metals)
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
This report provides an in-depth analysis of the global market for liquid air and distilled water.
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