Industrial Nitrogen Market: Information by Process (Fractional Distillation, Mechanical Separation), Type (Compressed Gas, Liquid), End-Use Industry (Food & Beverage, Healthcare, Agrochemicals, Metal Production, Others), Region—Forecast till 2030

Industrial Nitrogen Market Overview

Nitrogen is a colorless and odorless chemical element that is commonly used in the production of ammonia, cyanides, nitric acid, nitrates, and oxides. It is commonly used in the manufacture of fertilizers, as well as in a variety of food and beverage sectors, as well as in the creation of pharmaceutical medications such as antibiotics.

This is in light of nitrogen's increasing use in the oil and gas sector for inertization, well stimulation, and drilling as a result of its increased process efficiency. Additionally, its growing acceptance in the food and beverage industries for modified environment packaging solutions that replace oxygen-containing air with nitrogen and prevent rancidity will drive industry growth in the coming years. The market growth rate is being fueled by factors such as its use as a retention agent in the food and beverage sectors. The factors predicted to restrain the industrial nitrogen market's growth during the forecast period are the region's growing population with high disposable incomes and developing industrialization, which would further pave the way for market growth. Additionally, its features, such as prolonging the shelf life of foods and maintaining their freshness, raise the need for industrial nitrogen, which is predicted to further cushion the overall market's expansion. Industrial gas technical breakthroughs are expected to create various chances for the industry.

Global Industrial Nitrogen Market Share, by End-Use Industry, 2017 (%)

Source: MRFR analysis

Regional Analysis

The global industrial nitrogen market has been segmented into five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. Asia-Pacific accounted for the largest share of the global industrial nitrogen market in 2017. This can be attributed to rapid industrialization and expanding population in the region. Moreover, the advancements in the healthcare sector in this region are likely to boost the demand for industrial nitrogen in the coming years. Also, the increasing use of ammonia-based fertilizers in agrarian countries to increase the fertility of land is expected to drive market growth during the forecast period.

North America and Europe are the other significant markets for industrial nitrogen. The growth of the metal production and construction industries in these regions are likely to drive the growth of the industrial nitrogen market. Lastly, the markets in Latin America and the Middle East & Africa are estimated to witness substantial growth during the forecast period.

Market Segmentation

The global industrial nitrogen market has been segmented on the basis of process, type, end-use industry, and region.

Based on process, the global industrial nitrogen market has been divided into fractional distillation, membrane separation, and pressure swing adsorption (PSA).

Based on type, the global industrial nitrogen market has been classified as compressed gas and liquid.

By end-use industry, the global industrial nitrogen market has been categorized as food & beverage, healthcare, agrochemicals, metal production, automotive, and others.

The global industrial nitrogen market has been studied with respect to five key regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.

Key Players

Some of the leading players in the global industrial nitrogen market are the Linde Group (Germany), Air Products and Chemicals Inc. (US), Praxair Technology Inc. (US), Ellenbarrie Industrial Gases (India), Universal Industrial Gases, Inc. (US), CanAir Nitrogen Inc. (Canada), Messer Group GmbH (Germany), Parker Hannifin Corp. (US), Chengdu Taiyu Industrial Gases Co. (China), nexAir LLC (US), and EPC Engineering & Technologies GmbH (Germany).

Recent Development

February 2022: Messer, the industrial gases giant, announced today the expansion of its China activities with the start-up of a new generator in Xiangtan, Hunan Province (7th March). The generator is located on the campus of Hunan Yuneng New Energy Battery Materials Co., Ltd. (Yuneng), a significant Messer customer that will get nitrogen from the remote-controlled on-site plant. Yuneng, China's largest maker of lithium iron phosphate (LFP) – the cathode material for lithium-ion batteries – has partnered with Messer since the company's first manufacturing facility in Xiangtan opened in 2016.

 

Intended Audience

• Industrial nitrogen manufacturers


• Traders and distributors of industrial nitrogen


• Research and development institutes


• Potential investors


• Raw material suppliers


• Nationalized laboratories

Report Scope:

Report Attribute/Metric	Details
Market Size	2030: Significant Value
CAGR	2030: Substantial CAGR
Base Year	2021
Forecast Period	2022-2030
Historical Data	2019 & 2020
Forecast Units	Value (USD Million)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	Process, Type, End-Use Industry
Geographies Covered	North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Key Vendors	Linde Group (Germany), Air Products and Chemicals Inc. (US), Praxair Technology Inc. (US), Ellenbarrie Industrial Gases (India), Universal Industrial Gases, Inc. (US), CanAir Nitrogen Inc. (Canada), Messer Group GmbH (Germany), Parker Hannifin Corp. (US), Chengdu Taiyu Industrial Gases Co. (China), nexAir LLC (US), and EPC Engineering & Technologies GmbH (Germany).
Key Market Opportunities	New product launches and R&D Amongst major key Players
Key Market Drivers	rapid growth of the steel and food & beverage industries growing concern for food safety and hygienic storage

Speak to Analyst Ask for Customization

Frequently Asked Questions (FAQ) :