The Global Industrial Nitrogen Market is expected to reach USD 23.7 billion by 2025, growing at a CAGR of 5.9% during the forecast period of 2019 to 2025.
Nitrogen is a colourless, odourless, chemical element which is widely used as a raw material in various important industrial compounds such as nitric acid, ammonia, and cyanides. It appears in majority of the organisms, primarily amino acids such as proteins, and nucleic acids. Nitrogen is used in agrochemical industry where industrial fertilizers are required, like synthetically manufactured nitrates and ammonia. The nitrogen supply & use has become widespread across a vast range of manufacturing & processing industries due to which in each industry there are now numerous nitrogen applications that can help enhance quality, reinforce safety and prevent the negative impacts of oxygen exposure on end products.
Major Key players profiled in this report are:
- The Linde Group
- Praxair Inc.
- Air Liquide
- Air Products and Chemicals
- Messer Group
Southern Industrial Gas Berhad (Johor), Taiyo Nippon Sanso Corporation (Japan), Gulf Cryo (Kuwait), Emirates Industrial Gases Co. LLC (UAE), Nexair LLC (Memphis), Universal Industrial Gases (Pennsylvania), Yingde Gases Group Company (Hong Kong), Aspen Air Corp. (Alberta), Ellenbarrie Industrial Gases (India), Cryotec (Germany), Bhuruka Gases Limited (India), Sudanese Liquid Air Company (Sudan), Cross Country Infrastructure Services Inc (New Jersey), Canair Nitrogen Inc. (Canada), Bombay Oxygen Corporation Ltd (India) are among others.
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Major Market Drivers:
- Increasing growth in the food & beverage industry
- Growth in developing markets of modern healthcare
- Increasing demand from the chemical industry
The information in this report provides an advance considering perspective on different factors driving or restraining market growth. It helps in accepting the important product segments and their future. The report delivers pin point analysis of varying competition dynamics and keep you ahead of competitors. It also helps in making decisions by having thorough insights of market and by making in-depth analysis of market segments.
- Compressed Gas
- Liquid Nitrogen
- Cryogenic Fraction Distillation
- Membrane Separation
- Pressure Swing Adsorption
By Transportation & Distribution
- Cylinders & Packaged Gas
By End-Use Industry
- Oil & Gas
- Metal Manufacturing & Fabrication
- Food & Beverage
- Pharmaceutical & Healthcare
- Asia Pacific
- South Korea
- North America
- South America
- Rest of south America
- Middle East & Africa
- South Africa
- Rest of MEA
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