Industrial Nitrogen Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026
Report ID: GMI4137
Industrial Nitrogen Market size is projected to grow at a mounting rate during the estimated period owing to its extensive demand from food and beverage industry as a retention agent. Industrial nitrogen aids in creating a dry atmosphere, to keep foodstuffs from succumbing due to oxygen and moisture. In addition, it is further used in improving shelf life of the eatables and maintaining its freshness, which is swelling the demand for industrial nitrogen in the forecast timespan. Industrial nitrogen is considered as a high-purity element that is acquired by mechanical severance or fractional refinement of air. It is generally found in gaseous or liquid structure and finds usage in several end-use operations such as in healthcare, food & beverage, automotive, chemicals, agrochemicals, and metal production. The escalating population especially in the developing countries has led to a heavy surge in the consumption of processed food products coupled with the requirement for maintaining its quality and safety. Moreover, the product also aids in diminishing the possibility of spoilage and discoloration. Additionally, the increasing awareness regarding food safety and sterile storage are likely to further propel the overall industrial nitrogen market size during the forecast period. The product further finds application in the aerospace industry for the manufacturing of heat treating furnaces, autoclaves and wind tunnels to make it strong and reduce the component weight.
However, industrial nitrogen is likely to witness obstacles regarding regulatory and structural framework. Various emerging nations are still not conducive about the production of nitrogen. This production barrier is resulting in the high product cost in these areas, that may act as a hindrance in growth of the market size during the estimated timespan. Nonetheless, mounting usage of liquid nitrogen in food and beverage industry for instant icing applications such as in the preparation of ice creams is generating copious opportunities for the product market in the projected time period.
Based on its forms, industrial nitrogen market size is segmented into liquid nitrogen and compressed gas. Compressed gas has widespread application in manufacturing flammable materials and liquefied explosives. Furthermore, electronic device usage in healthcare sector has fueled the growing liquid nitrogen consumption, as it is used to maintain low temperatures in the healthcare facilities.
According to technology, the industrial nitrogen market is classified into pressure swing adsorption, membrane separation and cryogenic fraction distillation. Cryogenic fractional distillation is the process of separating nitrogen from oxygen. Cryogenic fractional distillation process are normally used to manufacture high purity goods at excessive production rates. It helps producing products in liquid or gas form. The operation of the technology is based on difference in boiling point of various gases.
On the basis of transportation/distribution, the product market is categorized into tonnage/pipeline, cylinders & packaged gas and bulk. Cylinders & packaged gas is the most commonly used transportation method to distribute nitrogen. The cylinders are manufactured and designed conferring to the applicable specifications and practices for the pressure and temperature involved. Cryogenic liquid cylinders are vacuum-jacketed and insulated pressure containers that come outfitted with rupture discs and safety relief valves to protect the cryogenic cylinders from pressure upsurge.
Based on end-use industries, the industrial nitrogen market is categorized into food & beverage, petrochemical, metal manufacturing & fabrication, oil & gas, pharmaceutical & healthcare, electronics, chemical and few others. Increasing application of industrial nitrogen in the pharmaceutical & healthcare sector globally may augment the product demand in the estimated timeframe.
The industrial nitrogen industry size will be led by Asia-Pacific owing to the significant surge in its population and industrialization. Asia Pacific’s surging economic growth will offer lucrative trade opportunities for market size in the near future. Moreover, the mounting use of fertilizers formulated with ammonia in the agricultural countries such as India and China to build up fertility of the land, that is likely to boost the product market growth in the expected time period.
Industrial nitrogen market size is contributed by various major companies involved in the business are Universal Industrial Gases, Yingde Gases Group, Linde Group, Sudanese Liquid Air Company, Taiyo Nippon Sanso Corporation, Southern Industrial Gas, Nexair, Praxair Inc., Messer Group, Emirates Industrial Gases Co. and Gulf Cryo,
Industrial Nitrogen Market, By Form, 2014-2025
- Compressed gas
- Liquid nitrogen
Industrial Nitrogen Market, By Technology, 2014-2025
- Cryogenic Fraction Distillation
- Membrane Separation
- Pressure Swing Adsorption
Industrial Nitrogen Market, By Transportation/Distribution, 2014-2025
- Cylinders & Packaged Gas
Industrial Nitrogen Market, By End-use Industry, 2014-2025
- Oil & Gas
- Metal Manufacturing & Fabrication
- Food & Beverage
- Pharmaceutical & Healthcare
The above information has been provided for the following regions and countries:
- North America
- South Korea
- Latin America
- Saudi Arabia
- South Africa
- Universal Industrial Gases
- Yingde Gases Group
- Linde Group
- Sudanese Liquid Air Company
- Taiyo Nippon Sanso Corporation
- Southern Industrial Gas, Nexair
- Praxair Inc.
- Messer Group
- Emirates Industrial Gases Co.
- Gulf Cryo
What Information does this report contain?
Customize this Report
Our Market Research Reports Include:
- Market snapshot
- Market Segmentation
- Value Chain Analysis
- Growth Dynamics
- Potential Market Opportunities
- Regulatory Overview
- Technology Evolution
- Innovation & Sustainability
Take a free trial of GMIPuse, our report store; designed to provide clients a range of market research services, all on a single platform.Start Your Free Trial
Benefits of Association
Data Coverage & Quality
GMI reports provide the most comprehensive coverage of any focus industry, ensuring a holistic and deep understanding of the market, along with actionable and granular data. We also take pride in our commitment to quality and strive to ensure that our clients get their moneys worth.
Client Trust & Security
GMI maintains strict code of conduct as a business and is committed to ensure that the privacy and trust of our clients are always maintained. As an organization, we also strive to be fully compliant with privacy laws, PCI and information security guidelines.
Our customers rely on us to produce accurate, reliable and timely information. Service orientation is a key mission for us as an organization; our process is guided by the desire to ensure that our clients are provided the best possible solutions in optimal timeframe. GMI stands by its commitment to service, providing timely assistance in both pre-sales and post-sales support for our clients.