The global liquid nitrogen market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for liquid nitrogen in various industries such as medical, chemicals, pharmaceuticals, metal manufacturing and construction. The growing demand for liquid nitrogen in these industries is due to its properties such as low boiling point (-196°C), high heat capacity and low viscosity which make it an ideal coolant for various industrial processes. The global liquid nitrogen market by type is segmented into cryogenic distillation and pressure swing adsorption. Cryogenic distillation is expected to account for the largest share of the global liquid nitrogen market during the forecast period owing to its higher efficiency in producing purer forms of gas than pressure swing adsorption technology. Pressure swing adsorption technology has been witnessing a steady growth over the past few years owing to its lower capital expenditure requirements when compared with cryogenic distillation technology. -The demand for liquid nitrogen is expected to grow as the global population increases and more people are living in urban areas. -The use of liquid nitrogen in the food industry is expected to increase as more consumers become aware of its benefits. -Liquid nitrogen can be used to preserve food, which will help reduce waste and save money for consumers. -Liquid nitrogen can also be used in the medical field, which will help improve healthcare around the world. -As new technologies are developed, there will be a need for liquid nitrogen to cool them down so they don't overheat or malfunction.
Industry Growth Insights published a new data on “Liquid Nitrogen Market”. The research report is titled “Liquid Nitrogen Market research by Types (Cryogenic Distillation, Pressure Swing Adsorption), By Applications (Medical, Chemicals, Pharmaceuticals, Metal Manufacturing, Construction, Other), By Players/Companies Linde Group (Germany), Praxair (US), Nexair (US), Air Products and Chemicals (US), Taiyo Nippon Sanso (Japan), Messer Group (Germany), Air Liquide (France), Gulf(United Arab Emirates), Emirates Industrial Gases(United Arab Emirates), Southern Industrial Gas Berhad (Malaysia)”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Liquid Nitrogen Market Research Report
By Type
Cryogenic Distillation, Pressure Swing Adsorption
By Application
Medical, Chemicals, Pharmaceuticals, Metal Manufacturing, Construction, Other
By Companies
Linde Group (Germany), Praxair (US), Nexair (US), Air Products and Chemicals (US), Taiyo Nippon Sanso (Japan), Messer Group (Germany), Air Liquide (France), Gulf(United Arab Emirates), Emirates Industrial Gases(United Arab Emirates), Southern Industrial Gas Berhad (Malaysia)
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Liquid Nitrogen Market Report Segments:
The global Liquid Nitrogen market is segmented on the basis of:
Types
Cryogenic Distillation, Pressure Swing Adsorption
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, Chemicals, Pharmaceuticals, Metal Manufacturing, Construction, Other
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 Group (Germany)
- Praxair (US)
- Nexair (US)
- Air Products and Chemicals (US)
- Taiyo Nippon Sanso (Japan)
- Messer Group (Germany)
- Air Liquide (France)
- Gulf(United Arab Emirates)
- Emirates Industrial Gases(United Arab Emirates)
- Southern Industrial Gas Berhad (Malaysia)
Highlights of The Liquid 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:
- Cryogenic Distillation
- Pressure Swing Adsorption
- By Application:
- Medical
- Chemicals
- Pharmaceuticals
- Metal Manufacturing
- Construction
- Other
- 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 Liquid 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:
- 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
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?
Liquid nitrogen is a cryogenic fluid that is used to cool objects and materials. It has a boiling point of -196 degrees Celsius (-320 degrees Fahrenheit), making it one of the coldest fluids on Earth. Liquid nitrogen can also be used as an oxidizer in rocket propellants.
Some of the key players operating in the liquid nitrogen market are Linde Group (Germany), Praxair (US), Nexair (US), Air Products and Chemicals (US), Taiyo Nippon Sanso (Japan), Messer Group (Germany), Air Liquide (France), Gulf(United Arab Emirates), Emirates Industrial Gases(United Arab Emirates), Southern Industrial Gas Berhad (Malaysia).
The liquid nitrogen market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Liquid Nitrogen 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 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 Market - Supply Chain
4.5. Global Liquid Nitrogen Market Forecast
4.5.1. Liquid Nitrogen Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Liquid Nitrogen Market Size (000 Units) and Y-o-Y Growth
4.5.3. Liquid Nitrogen Market Absolute $ Opportunity
5. Global Liquid Nitrogen 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 Market Size and Volume Forecast by Type
5.3.1. Cryogenic Distillation
5.3.2. Pressure Swing Adsorption
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Liquid Nitrogen 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 Market Size and Volume Forecast by Application
6.3.1. Medical
6.3.2. Chemicals
6.3.3. Pharmaceuticals
6.3.4. Metal Manufacturing
6.3.5. Construction
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Liquid Nitrogen 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 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 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 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 Demand Share Forecast, 2019-2026
9. North America Liquid Nitrogen 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 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 Market Size and Volume Forecast by Application
9.4.1. Medical
9.4.2. Chemicals
9.4.3. Pharmaceuticals
9.4.4. Metal Manufacturing
9.4.5. Construction
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Liquid Nitrogen Market Size and Volume Forecast by Type
9.7.1. Cryogenic Distillation
9.7.2. Pressure Swing Adsorption
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 Demand Share Forecast, 2019-2026
10. Latin America Liquid Nitrogen 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 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 Market Size and Volume Forecast by Application
10.4.1. Medical
10.4.2. Chemicals
10.4.3. Pharmaceuticals
10.4.4. Metal Manufacturing
10.4.5. Construction
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Liquid Nitrogen Market Size and Volume Forecast by Type
10.7.1. Cryogenic Distillation
10.7.2. Pressure Swing Adsorption
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 Demand Share Forecast, 2019-2026
11. Europe Liquid Nitrogen 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 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 Market Size and Volume Forecast by Application
11.4.1. Medical
11.4.2. Chemicals
11.4.3. Pharmaceuticals
11.4.4. Metal Manufacturing
11.4.5. Construction
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Liquid Nitrogen Market Size and Volume Forecast by Type
11.7.1. Cryogenic Distillation
11.7.2. Pressure Swing Adsorption
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractivness/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 Demand Share, 2019-2026
12. Asia Pacific Liquid Nitrogen 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 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 Market Size and Volume Forecast by Application
12.4.1. Medical
12.4.2. Chemicals
12.4.3. Pharmaceuticals
12.4.4. Metal Manufacturing
12.4.5. Construction
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Liquid Nitrogen Market Size and Volume Forecast by Type
12.7.1. Cryogenic Distillation
12.7.2. Pressure Swing Adsorption
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 Demand Share, 2019-2026
13. Middle East & Africa Liquid Nitrogen 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 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 Market Size and Volume Forecast by Application
13.4.1. Medical
13.4.2. Chemicals
13.4.3. Pharmaceuticals
13.4.4. Metal Manufacturing
13.4.5. Construction
13.4.6. Other
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 Market Size and Volume Forecast by Type
13.7.1. Cryogenic Distillation
13.7.2. Pressure Swing Adsorption
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 Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Liquid Nitrogen Market: Market Share Analysis
14.2. Liquid Nitrogen Distributors and Customers
14.3. Liquid Nitrogen Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Linde Group (Germany)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Praxair (US)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nexair (US)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Air Products and Chemicals (US)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Taiyo Nippon Sanso (Japan)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Messer Group (Germany)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Air Liquide (France)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Gulf(United Arab Emirates)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Emirates Industrial Gases(United Arab Emirates)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Southern Industrial Gas Berhad (Malaysia)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook