Report ID : AMR1004247 | Industries : | Published On :December 2023 | Page Count : 211
Global Industrial Nitrogen Market: By Type (Compressed Gas and Liquid Nitrogen), By Distribution (Cylinders, Bulk, and Pipeline), By Technology (Cryogenic Distillation and Membrane Separation), By End-Use Industry (Petrochemical, Oil and Gas, Metal Manufacturing and Fabrication, Food and Beverage, Electronics, Healthcare, and Chemical), and Region – Cumulative Growth Opportunities Analysis, Size, Share, Trends, and Industry Forecast Till 2030.
Global Industrial Nitrogen Market
The Global Industrial Nitrogen Market was valued at USD 18.12 billion in 2022 and is expected to reach USD 29.69 billion by 2030 at a CAGR of 5.36% from 2023-2030.
Industrial nitrogen is an essential component in numerous sectors and plays a critical role in diverse applications ranging from chemical manufacturing and food preservation to electronics and healthcare. It is an inert gas and serves as a vital tool for blanketing, purging, and maintaining product quality in various industrial processes.
Market Drivers
There are several key drivers behind the global industrial nitrogen market. Firstly, nitrogen plays a crucial role in various industries such as chemical manufacturing, electronics, and food and beverage packaging. Its inert properties make it extremely valuable for applications like blanketing and purging, which help prevent oxidation and combustion to enhance safety and product quality. Expansion of these industries leads to the growth of the industrial nitrogen market as well.
Furthermore, as industries place greater emphasis on sustainability and reducing environmental impact, nitrogen is being increasingly used for its eco-friendly characteristics. It can reduce the need for hazardous chemicals while improving energy efficiency. Additionally, the growing healthcare sector contributes to the market's expansion through its utilization of nitrogen in cryopreservation and medical device manufacturing. Overall, the versatility and criticality of industrial nitrogen across different applications fuel its ongoing demand and market growth.
Market Restraints
One major challenge for the global industrial nitrogen market is the high energy consumption during the production process, particularly during cryogenic distillation. This can lead to increased operating costs for businesses. Additionally, setting up nitrogen production and distribution facilities requires significant capital investments, which can be a barrier for some small-scale companies.
The market dynamics of nitrogen are also influenced by economic fluctuations and global availability of nitrogen sources like air separation units or nitrogen gas generators. As environmental concerns and regulations on greenhouse gas emissions become more stringent, there may be pressure for the industrial nitrogen market to adopt more sustainable and energy-efficient production methods. These factors pose challenges that industry players must navigate in order to sustain market growth.
Market Segmentation
The scope of the global Industrial Nitrogen market covers segmentation based on type, distribution, technology, end-use industry, and region.
Based on the type, the market is segmented into compressed gas and liquid nitrogen. Based on the distribution, the market is segmented into cylinders, bulk, and pipeline. By technology, the market is divided into cryogenic distillation and membrane separation. Additionally, on the basis of End-use Industry, the market is segmented into petrochemical, oil and gas, metal manufacturing and fabrication, food and beverage, electronics, healthcare, and chemicals.
Regional Analysis
The Global Industrial Nitrogen Market is segmented into 5 main regions, namely, North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The Asia Pacific region is expected to witness the largest market share growth for the Global Industrial Nitrogen Market. Rapid industrialization and urbanization in the region are a key reason, which is driving demand for nitrogen in a variety of industries, such as chemicals, electronics, healthcare, and food processing. These industries are witnessing rapid growth in the region, allowing the industrial nitrogen market to grow as well.
Key Players
Linde, Praxair, Southern Industrial Gas Berhad, Air Products and Chemicals, Taiyo Nippon Sanso, Yingde Gases Group Company, Messer Group, Ellenbarrie Industrial Gases, Universal Industrial Gases, Inc., Gulf Cryo.
Market Taxonomy
By Type
• Compressed Gas
• Liquid Nitrogen
By Distribution
• Cylinders
• Bulk
• Pipeline
By Technology
• Cryogenic Distillation
• Membrane Separation
By End-use Industry
• Petrochemical
• Oil and Gas
• Metal Manufacturing and Fabrication
• Food and Beverage
• Electronics
• Healthcare
• Chemical
By Region
• North America
o U.S.
o Canada
o Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
o Germany
o UK
o France
o Netherlands
o Italy
o Belgium
o Rest of Europe
• Asia Pacific
o China
o India
o South Korea
o Japan
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Tanzania
o Rest Middle East & Africa
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Global Industrial Nitrogen Market
1. Introduction
1.1. Objective of the Study
1.2. Market Definition
1.3. Market Scope
2. Research Methodology
2.1. Data Mining
2.2. Validation
2.3. Primary Interviews
2.4. List of Data Sources
3. Executive Summary
4. Global Industrial Nitrogen Market Outlook
4.1. Overview
4.2. Market Dynamics
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Cumulative Impact due to recent Energy Crisis
4.2.5. Cumulative Impact due to Nearing Economic Downturn
4.2.6. Post Covid-19 World Supply and Demand Conditions
4.2.7. Cumulative Impact of Russia-Ukraine Conflict
4.3. Porters Five Force Model
4.4. Value Chain Analysis
5. Global Industrial Nitrogen Market, By Type
5.1. Y-o-Y Growth Comparison, By Type
5.2. Global Industrial Nitrogen Market Share Analysis, By Type
5.3. Global Industrial Nitrogen Market Size and Forecast, By Type
5.3.1. Compressed Gas
5.3.2. Liquid Nitrogen
6. Global Industrial Nitrogen Market, By Distribution
6.1. Y-o-Y Growth Comparison, By Distribution
6.2. Global Industrial Nitrogen Market Share Analysis, By Distribution
6.3. Global Industrial Nitrogen Market Size and Forecast, By Distribution
6.3.1. Cylinders
6.3.2. Bulk
6.3.3. Pipeline
7. Global Industrial Nitrogen Market, By Technology
7.1. Y-o-Y Growth Comparison, By Technology
7.2. Global Industrial Nitrogen Market Share Analysis, By Technology
7.3. Global Industrial Nitrogen Market Size and Forecast, By Technology
7.3.1. Cryogenic Distillation
7.3.2. Membrane Separation
8. Global Industrial Nitrogen Market, By End-Use Industry
8.1. Y-o-Y Growth Comparison, By End-Use Industry
8.2. Global Industrial Nitrogen Market Share Analysis, By End-Use Industry
8.3. Global Industrial Nitrogen Market Size and Forecast, By End-Use Industry
8.3.1. Petrochemical
8.3.2. Oil and Gas
8.3.3. Metal Manufacturing and Fabrication
8.3.4. Food and Beverage
8.3.5. Electronics
8.3.6. Healthcare
8.3.7. Chemical
9. Global Industrial Nitrogen Market, By Region
9.1. Global Industrial Nitrogen Market Share Analysis, By Region
9.2. Global Industrial Nitrogen Market Share Analysis, By Region
9.3. Global Industrial Nitrogen Market Size and Forecast, By Region
10. North America Industrial Nitrogen Market Analysis and Forecast (2023-2030)
10.1. Introduction
10.2. North America Industrial Nitrogen Market Share Analysis, By Type
10.3. North America Industrial Nitrogen Market Share Analysis, By Distribution
10.4. North America Industrial Nitrogen Market Share Analysis, By Technology
10.5. North America Industrial Nitrogen Market Share Analysis, By End-Use Industry
10.6. North America Industrial Nitrogen Market Size and Forecast, By Country
10.6.1. U.S.
10.6.1.1. Market Size and Forecast, By Type
10.6.1.2. Market Size and Forecast, By Distribution
10.6.1.3. Market Size and Forecast, By Technology
10.6.1.4. Market Size and Forecast, By End-Use Industry
10.6.2. Canada
10.6.2.1. Market Size and Forecast, By Type
10.6.2.2. Market Size and Forecast, By Distribution
10.6.2.3. Market Size and Forecast, By Technology
10.6.2.4. Market Size and Forecast, By End-Use Industry
10.6.3. Mexico
10.6.3.1. Market Size and Forecast, By Type
10.6.3.2. Market Size and Forecast, By Distribution
10.6.3.3. Market Size and Forecast, By Technology
10.6.3.4. Market Size and Forecast, By End-Use Industry
11. Europe Industrial Nitrogen Market Analysis and Forecast (2023-2030)
11.1. Introduction
11.2. Europe Industrial Nitrogen Market Share Analysis, By Type
11.3. Europe Industrial Nitrogen Market Share Analysis, By Distribution
11.4. Europe Industrial Nitrogen Market Share Analysis, By Technology
11.5. Europe Industrial Nitrogen Market Share Analysis, By End-Use Industry
11.6. Europe Industrial Nitrogen Market Size and Forecast, By Country
11.6.1. Germany
11.6.1.1. Market Size and Forecast, By Type
11.6.1.2. Market Size and Forecast, By Distribution
11.6.1.3. Market Size and Forecast, By Technology
11.6.1.4. Market Size and Forecast, By End-Use Industry
11.6.2. France
11.6.2.1. Market Size and Forecast, By Type
11.6.2.2. Market Size and Forecast, By Distribution
11.6.2.3. Market Size and Forecast, By Technology
11.6.2.4. Market Size and Forecast, By End-Use Industry
11.6.3. UK
11.6.3.1. Market Size and Forecast, By Type
11.6.3.2. Market Size and Forecast, By Distribution
11.6.3.3. Market Size and Forecast, By Technology
11.6.3.4. Market Size and Forecast, By End-Use Industry
11.6.4. Russia
11.6.4.1. Market Size and Forecast, By Type
11.6.4.2. Market Size and Forecast, By Distribution
11.6.4.3. Market Size and Forecast, By Technology
11.6.4.4. Market Size and Forecast, By End-Use Industry
11.6.5. Italy
11.6.5.1. Market Size and Forecast, By Type
11.6.5.2. Market Size and Forecast, By Distribution
11.6.5.3. Market Size and Forecast, By Technology
11.6.5.4. Market Size and Forecast, By End-Use Industry
11.6.6. Spain
11.6.6.1. Market Size and Forecast, By Type
11.6.6.2. Market Size and Forecast, By Distribution
11.6.6.3. Market Size and Forecast, By Technology
11.6.6.4. Market Size and Forecast, By End-Use Industry
11.6.7. Rest of Europe
11.6.7.1. Market Size and Forecast, By Type
11.6.7.2. Market Size and Forecast, By Distribution
11.6.7.3. Market Size and Forecast, By Technology
11.6.7.4. Market Size and Forecast, By End-Use Industry
12. Asia Pacific Industrial Nitrogen Market Analysis and Forecast (2023-2030)
12.1. Introduction
12.2. Asia Pacific Industrial Nitrogen Market Share Analysis, By Type
12.3. Asia Pacific Industrial Nitrogen Market Share Analysis, By Distribution
12.4. Asia Pacific Industrial Nitrogen Market Share Analysis, By Technology
12.5. Asia Pacific Industrial Nitrogen Market Share Analysis, By End-Use Industry
12.6. Asia Pacific Industrial Nitrogen Market Size and Forecast, By Country
12.6.1. China
12.6.1.1. Market Size and Forecast, By Type
12.6.1.2. Market Size and Forecast, By Distribution
12.6.1.3. Market Size and Forecast, By Technology
12.6.1.4. Market Size and Forecast, By End-Use Industry
12.6.2. Japan
12.6.2.1. Market Size and Forecast, By Type
12.6.2.2. Market Size and Forecast, By Distribution
12.6.2.3. Market Size and Forecast, By Technology
12.6.2.4. Market Size and Forecast, By End-Use Industry
12.6.3. India
12.6.3.1. Market Size and Forecast, By Type
12.6.3.2. Market Size and Forecast, By Distribution
12.6.3.3. Market Size and Forecast, By Technology
12.6.3.4. Market Size and Forecast, By End-Use Industry
12.6.4. South Korea
12.6.4.1. Market Size and Forecast, By Type
12.6.4.2. Market Size and Forecast, By Distribution
12.6.4.3. Market Size and Forecast, By Technology
12.6.4.4. Market Size and Forecast, By End-Use Industry
12.6.5. Australia
12.6.5.1. Market Size and Forecast, By Type
12.6.5.2. Market Size and Forecast, By Distribution
12.6.5.3. Market Size and Forecast, By Technology
12.6.5.4. Market Size and Forecast, By End-Use Industry
12.6.6. New Zealand
12.6.6.1. Market Size and Forecast, By Type
12.6.6.2. Market Size and Forecast, By Distribution
12.6.6.3. Market Size and Forecast, By Technology
12.6.6.4. Market Size and Forecast, By End-Use Industry
12.6.7. Singapore
12.6.7.1. Market Size and Forecast, By Type
12.6.7.2. Market Size and Forecast, By Distribution
12.6.7.3. Market Size and Forecast, By Technology
12.6.7.4. Market Size and Forecast, By End-Use Industry
12.6.8. Malaysia
12.6.8.1. Market Size and Forecast, By Type
12.6.8.2. Market Size and Forecast, By Distribution
12.6.8.3. Market Size and Forecast, By Technology
12.6.8.4. Market Size and Forecast, By End-Use Industry
12.6.9. Rest of Asia
12.6.9.1. Market Size and Forecast, By Type
12.6.9.2. Market Size and Forecast, By Distribution
12.6.9.3. Market Size and Forecast, By Technology
12.6.9.4. Market Size and Forecast, By End-Use Industry
13. Latin America Industrial Nitrogen Market Analysis and Forecast (2023-2030)
13.1. Introduction
13.2. Latin America Industrial Nitrogen Market Share Analysis, By Type
13.3. Latin America Industrial Nitrogen Market Share Analysis, By Distribution
13.4. Latin America Industrial Nitrogen Market Share Analysis, By Technology
13.5. Latin America Industrial Nitrogen Market Share Analysis, By End-Use Industry
13.6. Latin America Industrial Nitrogen Market Size and Forecast, Country
13.6.1. Brazil
13.6.1.1. Market Size and Forecast, By Type
13.6.1.2. Market Size and Forecast, By Distribution
13.6.1.3. Market Size and Forecast, By Technology
13.6.1.4. Market Size and Forecast, By End-Use Industry
13.6.2. Argentina
13.6.2.1. Market Size and Forecast, By Type
13.6.2.2. Market Size and Forecast, By Distribution
13.6.2.3. Market Size and Forecast, By Technology
13.6.2.4. Market Size and Forecast, By End-Use Industry
13.6.3. Colombia
13.6.3.1. Market Size and Forecast, By Type
13.6.3.2. Market Size and Forecast, By Distribution
13.6.3.3. Market Size and Forecast, By Technology
13.6.3.4. Market Size and Forecast, By End-Use Industry
13.6.4. Peru
13.6.4.1. Market Size and Forecast, By Type
13.6.4.2. Market Size and Forecast, By Distribution
13.6.4.3. Market Size and Forecast, By Technology
13.6.4.4. Market Size and Forecast, By End-Use Industry
13.6.5. Chile
13.6.5.1. Market Size and Forecast, By Type
13.6.5.2. Market Size and Forecast, By Distribution
13.6.5.3. Market Size and Forecast, By Technology
13.6.5.4. Market Size and Forecast, By End-Use Industry
13.6.6. Venezuela
13.6.6.1. Market Size and Forecast, By Type
13.6.6.2. Market Size and Forecast, By Distribution
13.6.6.3. Market Size and Forecast, By Technology
13.6.6.4. Market Size and Forecast, By End-Use Industry
13.6.7. Rest of Latin America
13.6.7.1. Market Size and Forecast, By Type
13.6.7.2. Market Size and Forecast, By Distribution
13.6.7.3. Market Size and Forecast, By Technology
13.6.7.4. Market Size and Forecast, By End-Use Industry
14. Middle East Industrial Nitrogen Market Analysis and Forecast (2023-2030)
14.1. Introduction
14.2. Middle East Industrial Nitrogen Market Share Analysis, By Type
14.3. Middle East Industrial Nitrogen Market Size and Forecast, By Distribution
14.4. Middle East Industrial Nitrogen Market Size and Forecast, By Technology
14.5. Middle East Industrial Nitrogen Market Size and Forecast, By End-Use Industry
14.6. Middle East Industrial Nitrogen Market Size and Forecast, By Country
14.6.1. Saudi Arabia
14.6.1.1. Market Size and Forecast, By Type
14.6.1.2. Market Size and Forecast, By Distribution
14.6.1.3. Market Size and Forecast, By Technology
14.6.1.4. Market Size and Forecast, By End-Use Industry
14.6.2. UAE
14.6.2.1. Market Size and Forecast, By Type
14.6.2.2. Market Size and Forecast, By Distribution
14.6.2.3. Market Size and Forecast, By Technology
14.6.2.4. Market Size and Forecast, By End-Use Industry
14.6.3. Egypt
14.6.3.1. Market Size and Forecast, By Type
14.6.3.2. Market Size and Forecast, By Distribution
14.6.3.3. Market Size and Forecast, By Technology
14.6.3.4. Market Size and Forecast, By End-Use Industry
14.6.4. Kuwait
14.6.4.1. Market Size and Forecast, By Type
14.6.4.2. Market Size and Forecast, By Distribution
14.6.4.3. Market Size and Forecast, By Technology
14.6.4.4. Market Size and Forecast, By End-Use Industry
14.6.5. South Africa
14.6.5.1. Market Size and Forecast, By Type
14.6.5.2. Market Size and Forecast, By Distribution
14.6.5.3. Market Size and Forecast, By Technology
14.6.5.4. Market Size and Forecast, By End-Use Industry
14.6.6. Rest of Middle East & Africa
14.6.6.1. Market Size and Forecast, By Type
14.6.6.2. Market Size and Forecast, By Distribution
14.6.6.3. Market Size and Forecast, By Technology
14.6.6.4. Market Size and Forecast, By End-Use Industry
15. Competitive Analysis
15.1. Competition Dashboard
15.2. Market share Analysis of Top Vendors
15.3. Key Development Strategies
16. Company Profiles
16.1. Linde
16.1.1. Overview
16.1.2. Offerings
16.1.3. Key Financials
16.1.4. Business Segment & Geographic Overview
16.1.5. Key Market Developments
16.1.6. Key Strategies
16.2. Praxair
16.2.1. Overview
16.2.2. Offerings
16.2.3. Key Financials
16.2.4. Business Segment & Geographic Overview
16.2.5. Key Market Developments
16.2.6. Key Strategies
16.3. Southern Industrial Gas Berhad
16.3.1. Overview
16.3.2. Offerings
16.3.3. Key Financials
16.3.4. Business Segment & Geographic Overview
16.3.5. Key Market Developments
16.3.6. Key Strategies
16.4. Air Products and Chemicals
16.4.1. Overview
16.4.2. Offerings
16.4.3. Key Financials
16.4.4. Business Segment & Geographic Overview
16.4.5. Key Market Developments
16.4.6. Key Strategies
16.5. Taiyo Nippon Sanso
16.5.1. Overview
16.5.2. Offerings
16.5.3. Key Financials
16.5.4. Business Segment & Geographic Overview
16.5.5. Key Market Developments
16.5.6. Key Strategies
16.6. Yingde Gases Group Company
16.6.1. Overview
16.6.2. Offerings
16.6.3. Key Financials
16.6.4. Business Segment & Geographic Overview
16.6.5. Key Market Developments
16.6.6. Key Strategies
16.7. Messer Group
16.7.1. Overview
16.7.2. Offerings
16.7.3. Key Financials
16.7.4. Business Segment & Geographic Overview
16.7.5. Key Market Developments
16.7.6. Key Strategies
16.8. Ellenbarrie Industrial Gases
16.8.1. Overview
16.8.2. Offerings
16.8.3. Key Financials
16.8.4. Business Segment & Geographic Overview
16.8.5. Key Market Developments
16.8.6. Key Strategies
16.9. Universal Industrial Gases, Inc.
16.9.1. Overview
16.9.2. Offerings
16.9.3. Key Financials
16.9.4. Business Segment & Geographic Overview
16.9.5. Key Market Developments
16.9.6. Key Strategies
16.10. Gulf Cryo
16.10.1. Overview
16.10.2. Offerings
16.10.3. Key Financials
16.10.4. Business Segment & Geographic Overview
16.10.5. Key Market Developments
16.10.6. Key Strategies
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