Liquid Nitrogen (commonly known as LN2) is inert, colorless, odorless, noncorrosive, nonflammable, and extremely cold. Nitrogen makes up the major portion of the atmosphere (78.03% by volume, 75.5% by weight).
Scope of the Report:This report focuses on the Nitrogen in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The technical barriers of liquid nitrogen are not high, resulting in numerous manufacturing enterprises. However, liquid nitrogen market is dominated by several giant companies across the globe, such as Linde, Air Liquide, Praxair, Air Products and Chemicals Inc. and their plants mainly distribute in Europe and North America. Europe is the largest consumer, more than 31% consumption share, followed by North America with about 28% consumption share in 2015.
In the past few years, the price of liquid nitrogen has decreased and we expect the price will slightly lower. However, the improvement of energy, transportation costs, employee wages, and equipment depreciation will play a significant role in promoting the cost of liquid nitrogen.
As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality. According to industry news, new capacity will release in recent years. With the snatch for market share in emerging regions, the competition in liquid nitrogen industry will become more intense.
The worldwide market for Nitrogen is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2026, from xx million US$ in 2020, according to a new study.
Market Segment by Manufacturers, this report covers Linde
Air Liquide
Praxair
Air Products and Chemicals Inc
Taiyo Nippon Sanso
Messer Group
Yingde Gases
Hangzhou Hangyang
Sichuan Qiaoyuan Gas
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Liquid Nitrogen
Compressed Gas
Market Segment by Applications, can be divided into Medical & Healthcare
Food & Beverages
Metal Manufacturing & Construction
Rubber & Plastic
Chemicals and Petroleum Uses
There are 15 Chapters to deeply display the global Nitrogen market.
Chapter 1, to describe Nitrogen Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Nitrogen, with sales, revenue, and price of Nitrogen, in 2018 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2018 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Nitrogen, for each region, from 2015 to 2020;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2015 to 2020;
Chapter 12, Nitrogen market forecast, by regions, type and application, with sales and revenue, from 2020 to 2026;
Chapter 13, 14 and 15, to describe Nitrogen sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
