Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Liquid Nitrogen Container Market by Type (Stainless Steel, Glass Fiber, Carbon Steel), By Application (Air Transport, Truck Transport) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Liquid Nitrogen Container Market by Type (Stainless Steel, Glass Fiber, Carbon Steel), By Application (Air Transport, Truck Transport) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 131433 3300 Machinery & Equipment 377 240 Pages 4.7 (43)

Market Overview:

The global liquid nitrogen container market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for liquid nitrogen containers in various end-use applications, such as air transport, truck transport, and others. In terms of type, the stainless steel segment is expected to lead the global liquid nitrogen container market during the forecast period. This can be attributed to its properties such as high strength-to-weight ratio and corrosion resistance.

Global Liquid Nitrogen Container Industry Outlook

Product Definition:

A Liquid Nitrogen Container is a container that stores liquid nitrogen. Liquid nitrogen is used to freeze and store biological samples.

Stainless Steel:

Stainless steel is a widely used material in the food and beverage industry. It is resistant to bacteria, mold, enzymes and chemicals. Stainless steel does not react with food products thereby maintaining its flavor and quality. The material has high durability owing to which it can be used for longer periods without any significant loss of weight or volume.

Glass Fiber:

Glass fiber is a type of fiber that is made from fine silica. It has superior properties such as high tensile strength, high thermal stability, and good electrical insulation. The most important property of glass fibers is their ability to be easily drawn into extremely thin wires with low weight and good flexibility which makes them very suitable for use in the manufacturing of containers for liquid nitrogen.

The global Liquid Nitrogen Container market size was valued at USD 548 million in 2015.

Application Insights:

The air transport application segment led the global liquid nitrogen container market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for low temperature logistics services across various industries such as food, pharmaceuticals, chemicals, and others. In addition, growing concerns regarding airport security are expected to drive the demand further.

Liquid Nitrogen (LN2) is used in several applications including cryogenics which are widely adopted by several end-use industries such as healthcare and life sciences among others that require low temperatures for their processes or storage facilities.

Regional Analysis:

Asia Pacific was the leading regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a volume share of more than 60% in 2017 owing to high demand from industries, such as food & beverage, pharmaceuticals, and chemicals. China is projected to remain a key consumer of liquid nitrogen across Asia Pacific due to rapid industrialization along with increasing transportation sector.

Europe emerged as the second-largest regional market in 2017 on account of rising demand for frozen foods coupled with strong presence of several food processing companies across Germany, U.K., France, Italy among other countries including Belgium and Luxembourg.

North America was valued at USD X billion in 2017 owing to growing number of industries that require frozen products such as meat products.

Growth Factors:

  • Increasing demand for food products and beverages: The global population is increasing at a rapid pace, which in turn is fueling the demand for food products and beverages. This is driving the Liquid Nitrogen Container market as well, as these containers are used to store food items and drinks.
  • Rising disposable income of consumers: A large section of the global population is now able to afford high-quality food items and drinks. This has led to an increase in the demand for Liquid Nitrogen Containers, as they are used to store premium quality food products and drinks.
  • Technological advancements: The Liquid Nitrogen Container market is witnessing rapid advancements in technology, which is helping manufacturers create better quality containers that offer improved performance characteristics such as longer shelf life etcetera . This is aiding the growth of the market significantly.

Scope Of The Report

Report Attributes

Report Details

Report Title

Liquid Nitrogen Container Market Research Report

By Type

Stainless Steel, Glass Fiber, Carbon Steel

By Application

Air Transport, Truck Transport

By Companies

Panasonic, Thermo Scientific, Statebourne Cryogenics, Bel-Art Products, Diversified Biotech, BioCision, Chart Biomedical, Corning, International Cryogenics, NEST Scientific USA, SPEX

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Liquid Nitrogen Container Market Report Segments:

The global Liquid Nitrogen Container market is segmented on the basis of:


Stainless Steel, Glass Fiber, Carbon Steel

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.


Air Transport, Truck Transport

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:

  1. Panasonic
  2. Thermo Scientific
  3. Statebourne Cryogenics
  4. Bel-Art Products
  5. Diversified Biotech
  6. BioCision
  7. Chart Biomedical
  8. Corning
  9. International Cryogenics
  10. NEST Scientific USA
  11. SPEX

Global Liquid Nitrogen Container Market Overview

Highlights of The Liquid Nitrogen Container Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Stainless Steel
    2. Glass Fiber
    3. Carbon Steel
  1. By Application:

    1. Air Transport
    2. Truck Transport
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Liquid Nitrogen Container 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:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Liquid Nitrogen Container Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

A liquid nitrogen container is a metal or plastic cylinder that contains pressurized nitrogen gas. The container is filled with the gas and then sealed. When the pressure in the container reaches a certain level, it opens and releases a stream of cold nitrogen gas.

Some of the major companies in the liquid nitrogen container market are Panasonic, Thermo Scientific, Statebourne Cryogenics, Bel-Art Products, Diversified Biotech, BioCision, Chart Biomedical, Corning, International Cryogenics, NEST Scientific USA, SPEX.

The liquid nitrogen container market is expected to grow at a compound annual growth rate of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Liquid Nitrogen Container Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Liquid Nitrogen Container Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Liquid Nitrogen Container Market - Supply Chain
   4.5. Global Liquid Nitrogen Container Market Forecast
      4.5.1. Liquid Nitrogen Container Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Liquid Nitrogen Container Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Liquid Nitrogen Container Market Absolute $ Opportunity

5. Global Liquid Nitrogen Container Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Liquid Nitrogen Container Market Size and Volume Forecast by Type
      5.3.1. Stainless Steel
      5.3.2. Glass Fiber
      5.3.3. Carbon Steel
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Liquid Nitrogen Container Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Liquid Nitrogen Container Market Size and Volume Forecast by Application
      6.3.1. Air Transport
      6.3.2. Truck Transport
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Liquid Nitrogen Container Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Liquid Nitrogen Container Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Liquid Nitrogen Container Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Liquid Nitrogen Container Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Liquid Nitrogen Container Demand Share Forecast, 2019-2029

9. North America Liquid Nitrogen Container Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Liquid Nitrogen Container Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Liquid Nitrogen Container Market Size and Volume Forecast by Application
      9.4.1. Air Transport
      9.4.2. Truck Transport
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Liquid Nitrogen Container Market Size and Volume Forecast by Type
      9.7.1. Stainless Steel
      9.7.2. Glass Fiber
      9.7.3. Carbon Steel
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Liquid Nitrogen Container Demand Share Forecast, 2019-2029

10. Latin America Liquid Nitrogen Container Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Liquid Nitrogen Container Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Liquid Nitrogen Container Market Size and Volume Forecast by Application
      10.4.1. Air Transport
      10.4.2. Truck Transport
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Liquid Nitrogen Container Market Size and Volume Forecast by Type
      10.7.1. Stainless Steel
      10.7.2. Glass Fiber
      10.7.3. Carbon Steel
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Liquid Nitrogen Container Demand Share Forecast, 2019-2029

11. Europe Liquid Nitrogen Container Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Liquid Nitrogen Container Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Liquid Nitrogen Container Market Size and Volume Forecast by Application
      11.4.1. Air Transport
      11.4.2. Truck Transport
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Liquid Nitrogen Container Market Size and Volume Forecast by Type
      11.7.1. Stainless Steel
      11.7.2. Glass Fiber
      11.7.3. Carbon Steel
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Liquid Nitrogen Container Demand Share, 2019-2029

12. Asia Pacific Liquid Nitrogen Container Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Liquid Nitrogen Container Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Liquid Nitrogen Container Market Size and Volume Forecast by Application
      12.4.1. Air Transport
      12.4.2. Truck Transport
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Liquid Nitrogen Container Market Size and Volume Forecast by Type
      12.7.1. Stainless Steel
      12.7.2. Glass Fiber
      12.7.3. Carbon Steel
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Liquid Nitrogen Container Demand Share, 2019-2029

13. Middle East & Africa Liquid Nitrogen Container Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Liquid Nitrogen Container Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Liquid Nitrogen Container Market Size and Volume Forecast by Application
      13.4.1. Air Transport
      13.4.2. Truck Transport
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Liquid Nitrogen Container Market Size and Volume Forecast by Type
      13.7.1. Stainless Steel
      13.7.2. Glass Fiber
      13.7.3. Carbon Steel
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Liquid Nitrogen Container Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Liquid Nitrogen Container Market: Market Share Analysis
   14.2. Liquid Nitrogen Container Distributors and Customers
   14.3. Liquid Nitrogen Container Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Panasonic Overview Financials Developments Strategic Outlook
      14.4.2. Thermo Scientific Overview Financials Developments Strategic Outlook
      14.4.3. Statebourne Cryogenics Overview Financials Developments Strategic Outlook
      14.4.4. Bel-Art Products Overview Financials Developments Strategic Outlook
      14.4.5. Diversified Biotech Overview Financials Developments Strategic Outlook
      14.4.6. BioCision Overview Financials Developments Strategic Outlook
      14.4.7. Chart Biomedical Overview Financials Developments Strategic Outlook
      14.4.8. Corning Overview Financials Developments Strategic Outlook
      14.4.9. International Cryogenics Overview Financials Developments Strategic Outlook
      14.4.10. NEST Scientific USA Overview Financials Developments Strategic Outlook
      14.4.11. SPEX Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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