HS Code:
Gas separation equipment falls under HS Code 8421, which includes machinery and apparatus for filtering or purifying gases. This category encompasses a range of equipment used to separate gas mixtures into their constituent components, such as air separation units, membrane systems, and cryogenic distillation equipment. These products are critical in industries like chemical manufacturing, energy production, healthcare (e.g., oxygen concentrators), and environmental protection (e.g., carbon capture systems). The technology is vital for producing industrial gases like nitrogen, oxygen, and hydrogen, which are used in various applications from medical to metallurgical processes.
Total Trade Volume
USD 12.5 billion
Data from 2022
Source
United Nations Comtrade Database
USD 2.8 billion
22.4% of total trade of total trade
Increasing
USD 2.3 billion
18.4% of total trade of total trade
Stable
USD 1.9 billion
15.2% of total trade of total trade
Increasing
USD 1.2 billion
9.6% of total trade of total trade
Stable
USD 0.9 billion
7.2% of total trade of total trade
Decreasing
Average Rate
5.2% ad valorem
Highest Rate
12% (imposed by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-USMCA)
Rising demand for clean energy solutions
Increased need for gas separation equipment in hydrogen production and carbon capture technologies, driving market growth by 8% annually.
2022
Technological advancements in membrane separation
Improved efficiency and lower costs of membrane-based systems are shifting market preference away from traditional cryogenic methods, especially in developing regions.
2021
Growth in healthcare applications
The COVID-19 pandemic boosted demand for medical oxygen concentrators, leading to a 15% surge in trade volume for related gas separation equipment.
2020-2022
The European Union's Green Deal has introduced stricter regulations and incentives for carbon capture and storage (CCS) technologies, spurring demand for advanced gas separation systems.
January 2023
Expected to increase EU imports of gas separation equipment by 10% over the next five years, benefiting major exporters like Germany and the US.
A new phase of the US-China trade agreement reduced tariffs on industrial machinery, including gas separation equipment, from 7.5% to 4% as part of de-escalation efforts.
March 2023
Likely to boost Chinese exports to the US, potentially increasing competition for domestic manufacturers.
A leading Japanese firm announced a 20% more energy-efficient cryogenic distillation unit, which could reshape market dynamics for large-scale industrial gas production.
September 2023
May lead to increased Japanese exports and set a new industry standard for energy efficiency.