Market Overview:
The global industrial nitrogen market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for nitrogen gas in various end-use industries such as medical & healthcare, food & beverages, metal manufacturing & construction, rubber & plastic and petroleum & chemical. Nitrogen gas is used as an inert gas in various applications owing to its properties such as non-toxicity, low reactivity and high thermal stability. It also helps reduce the risk of fire and explosion in various industries.
Product Definition:
Nitrogen gas is an inert gas that is used in many industries for a variety of purposes. It can be used as a shielding gas to protect welders from oxygen and other gases, as a purge gas to clean metal surfaces, and as an ingredient in some types of plastics. Nitrogen is also commonly used to inflate tires and packaging materials.
Compressed Gas:
Compressed gas is a mixture of gases which are at a normal atmospheric pressure. The most commonly used compressed gases in the industrial sector are nitrogen, carbon dioxide, and oxygen. Nitrogen is widely used in the agricultural industry as it improves plant growth by increasing root penetration and water absorption.
Liquid Nitrogen:
Liquid nitrogen is a colorless and odorless gas, with a boiling point of -210°C and a molecular weight of 28.2 (Air has a molecular weight of 1.0). It is widely used in cryogenic applications as an insulation medium for extremely low temperatures. Liquid nitrogen is stored in steel or plastic containers, which are hermetically sealed to avoid leakage or absorption by the atmosphere.
Application Insights:
The global industrial nitrogen market is segmented on the basis of application into medical and healthcare, food and beverages, metal manufacturing and construction, rubber and plastic, petroleum refining process as well as other applications such as pharmaceuticals. In 2017-18 the medical sector accounted for a major share in terms of demand owing to its increasing usage in various sectors including agriculture.
In recent years there has been an increased focus on using natural gas instead of coal for power generation purposes due to declining prices of oil & gas which has resulted in lowering electricity bills at homes across countries such as Germany. This factor along with government initiatives encouraging renewable energy sources is expected to drive the use of nitrogen fertilizers over the forecast period thereby driving industry growth globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of manufacturing companies that use nitrogen as a primary raw material or fuel for industrial production. China, India, Japan, South Korea and Taiwan are some of the major consumers of industrial nitrogen in Asia Pacific owing to their rapidly expanding manufacturing sector.
The demand for liquid nitrogen is high in North America due to technological advancements such as refrigeration units used for transportation and cryogenic equipment used by medical practitioners during surgeries. The U.S., being one of the most developed countries with well-established healthcare infrastructure is anticipated to have a significant impact on industry growth across North America region over the forecast period from 2018 to 2030 (USD X million).
Europe was another prominent consumer of global industrial nitrogens market with Germany occupying majority share followed by France on account rising demand from food & beverages (32%).
Growth Factors:
- Increasing demand for fertilizers in agriculture sector: The global population is increasing at a rapid pace and so is the demand for food. This is resulting in an increase in the demand for fertilizers, which in turn is driving the growth of the industrial nitrogen market.
- Growing awareness about benefits of using nitrogen fertilizer: Farmers are becoming increasingly aware of the benefits of using nitrogen fertilizer and this is driving its adoption across different regions.
- Rising investments by key players in R&D activities: Key players are investing heavily in R&D activities to develop new products and technologies that can help them gain a competitive edge over their rivals. This is helping to drive innovation and growth within the industrial nitrogen market.
- Stringent regulations on emissions from industries: Governments across different countries are implementing stringent regulations on emissions from industries, which is helping to drive down pollution levels significantly. This has resulted in an increase in demand for industrial nitrogen as it helps reduce emissions significantly compared to other alternatives such as petrol or diesel fuel combustion engines used extensively across various industries today . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Nitrogen Market Research Report
By Type
Compressed Gas, Liquid Nitrogen
By Application
Medical & Healthcare, Food & Beverages, Metal Manufacturing & Construction, Rubber & Plastic, Petroleum & Chemical
By Companies
Linde, Air Liquide, Praxair, Air Products and Chemicals Inc, Taiyo Nippon Sanso, Messer Group, Yingde Gases, Hangzhou Hangyang, Sichuan Qiaoyuan Gas, Southern Industrial Gas Berhad, Linde, Aspen Air, Gulf Cryo, Bombay Oxygen, Bhuruka Gases, Ellenbarrie Industrial Gase
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Nitrogen Market Report Segments:
The global Industrial Nitrogen market is segmented on the basis of:
Types
Compressed Gas, Liquid Nitrogen
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Medical & Healthcare, Food & Beverages, Metal Manufacturing & Construction, Rubber & Plastic, Petroleum & Chemical
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Linde
- Air Liquide
- Praxair
- Air Products and Chemicals Inc
- Taiyo Nippon Sanso
- Messer Group
- Yingde Gases
- Hangzhou Hangyang
- Sichuan Qiaoyuan Gas
- Southern Industrial Gas Berhad
- Linde
- Aspen Air
- Gulf Cryo
- Bombay Oxygen
- Bhuruka Gases
- Ellenbarrie Industrial Gase
Highlights of The Industrial Nitrogen Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Compressed Gas
- Liquid Nitrogen
- By Application:
- Medical & Healthcare
- Food & Beverages
- Metal Manufacturing & Construction
- Rubber & Plastic
- Petroleum & Chemical
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Industrial Nitrogen Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Industrial nitrogen is a type of nitrogen that is used in industrial processes. It is often used to create ammonia, which is then used in manufacturing processes.
Some of the major players in the industrial nitrogen market are Linde, Air Liquide, Praxair, Air Products and Chemicals Inc, Taiyo Nippon Sanso, Messer Group, Yingde Gases, Hangzhou Hangyang, Sichuan Qiaoyuan Gas, Southern Industrial Gas Berhad, Linde, Aspen Air, Gulf Cryo, Bombay Oxygen, Bhuruka Gases, Ellenbarrie Industrial Gase.
The industrial nitrogen market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Nitrogen Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Industrial Nitrogen Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Nitrogen Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Industrial Nitrogen Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Industrial Nitrogen Market Size & Forecast, 2018-2028
4.5.1 Industrial Nitrogen Market Size and Y-o-Y Growth
4.5.2 Industrial Nitrogen Market Absolute $ Opportunity
Chapter 5 Global Industrial Nitrogen Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Industrial Nitrogen Market Size Forecast by Type
5.2.1 Compressed Gas
5.2.2 Liquid Nitrogen
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial Nitrogen Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Industrial Nitrogen Market Size Forecast by Applications
6.2.1 Medical & Healthcare
6.2.2 Food & Beverages
6.2.3 Metal Manufacturing & Construction
6.2.4 Rubber & Plastic
6.2.5 Petroleum & Chemical
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Nitrogen Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Industrial Nitrogen Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Industrial Nitrogen Analysis and Forecast
9.1 Introduction
9.2 North America Industrial Nitrogen Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Industrial Nitrogen Market Size Forecast by Type
9.6.1 Compressed Gas
9.6.2 Liquid Nitrogen
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Industrial Nitrogen Market Size Forecast by Applications
9.10.1 Medical & Healthcare
9.10.2 Food & Beverages
9.10.3 Metal Manufacturing & Construction
9.10.4 Rubber & Plastic
9.10.5 Petroleum & Chemical
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Industrial Nitrogen Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial Nitrogen Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Industrial Nitrogen Market Size Forecast by Type
10.6.1 Compressed Gas
10.6.2 Liquid Nitrogen
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Industrial Nitrogen Market Size Forecast by Applications
10.10.1 Medical & Healthcare
10.10.2 Food & Beverages
10.10.3 Metal Manufacturing & Construction
10.10.4 Rubber & Plastic
10.10.5 Petroleum & Chemical
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Industrial Nitrogen Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial Nitrogen Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Industrial Nitrogen Market Size Forecast by Type
11.6.1 Compressed Gas
11.6.2 Liquid Nitrogen
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Industrial Nitrogen Market Size Forecast by Applications
11.10.1 Medical & Healthcare
11.10.2 Food & Beverages
11.10.3 Metal Manufacturing & Construction
11.10.4 Rubber & Plastic
11.10.5 Petroleum & Chemical
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Industrial Nitrogen Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial Nitrogen Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Industrial Nitrogen Market Size Forecast by Type
12.6.1 Compressed Gas
12.6.2 Liquid Nitrogen
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Industrial Nitrogen Market Size Forecast by Applications
12.10.1 Medical & Healthcare
12.10.2 Food & Beverages
12.10.3 Metal Manufacturing & Construction
12.10.4 Rubber & Plastic
12.10.5 Petroleum & Chemical
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Industrial Nitrogen Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial Nitrogen Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Industrial Nitrogen Market Size Forecast by Type
13.6.1 Compressed Gas
13.6.2 Liquid Nitrogen
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Industrial Nitrogen Market Size Forecast by Applications
13.10.1 Medical & Healthcare
13.10.2 Food & Beverages
13.10.3 Metal Manufacturing & Construction
13.10.4 Rubber & Plastic
13.10.5 Petroleum & Chemical
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Industrial Nitrogen Market: Competitive Dashboard
14.2 Global Industrial Nitrogen Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Linde
14.3.2 Air Liquide
14.3.3 Praxair
14.3.4 Air Products and Chemicals Inc
14.3.5 Taiyo Nippon Sanso
14.3.6 Messer Group
14.3.7 Yingde Gases
14.3.8 Hangzhou Hangyang
14.3.9 Sichuan Qiaoyuan Gas
14.3.10 Southern Industrial Gas Berhad
14.3.11 Linde
14.3.12 Aspen Air
14.3.13 Gulf Cryo
14.3.14 Bombay Oxygen
14.3.15 Bhuruka Gases
14.3.16 Ellenbarrie Industrial Gase
