Nitrogen is a colourless, odourless, chemical element which is widely used as a raw material in various important industrial compounds such as nitric acid, ammonia, and cyanides. It appears in majority of the organisms, primarily amino acids such as proteins, and nucleic acids. Nitrogen is used in agrochemical industry where industrial fertilizers are required, like synthetically manufactured nitrates and ammonia. The nitrogen supply & use has become widespread across a vast range of manufacturing & processing industries due to which in each industry there are now numerous nitrogen applications that can help enhance quality, reinforce safety and prevent the negative impacts of oxygen exposure on end products.
The Global Industrial Nitrogen Market is expected to reach USD 23.7 billion by 2025, growing at a CAGR of 5.9% during the forecast period of 2019 to 2025.
Major Key players profiled in this report are:
- The Linde Group
- Praxair Inc.
- Air Liquide
- Air Products and Chemicals
- Messer Group
Southern Industrial Gas Berhad (Johor), Taiyo Nippon Sanso Corporation (Japan), Gulf Cryo (Kuwait), Emirates Industrial Gases Co. LLC (UAE), Nexair LLC (Memphis), Universal Industrial Gases (Pennsylvania), Yingde Gases Group Company (Hong Kong), Aspen Air Corp. (Alberta), Ellenbarrie Industrial Gases (India), Cryotec (Germany), Bhuruka Gases Limited (India), Sudanese Liquid Air Company (Sudan), Cross Country Infrastructure Services Inc (New Jersey), Canair Nitrogen Inc. (Canada), Bombay Oxygen Corporation Ltd (India) are among others.
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Major Market Drivers:
- Increasing growth in the food & beverage industry
- Growth in developing markets of modern healthcare
- Increasing demand from the chemical industry
- Compressed Gas
- Liquid Nitrogen
- Cryogenic Fraction Distillation
- Membrane Separation
- Pressure Swing Adsorption
By Transportation & Distribution
- Cylinders & Packaged Gas
By End-Use Industry
- Oil & Gas
- Metal Manufacturing & Fabrication
- Food & Beverage
- Pharmaceutical & Healthcare
- Asia Pacific
- South Korea
- North America
- South America
- Rest of south America
- Middle East & Africa
- South Africa
- Rest of MEA
This report reveals insight into the exceedingly Market and its differentiating nature. It gives a point by point examination of the market division, size, and offer; advertise elements, for example, the development drivers, limitations, difficulties, and openings; specialist co-ops, financial specialists, partners, and key market players. Moreover, the report features the danger factors that the market will probably experience over the gauge time frame.
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