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Nitrogen Purging System Market: Competitive Dynamics & Global Outlook 2025 - QY Research
This report studies the Nitrogen Purging System market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.Nitrogen purging is an air-cleansing method used to ensure that no trace of harmful contaminants or gases is left in the atmosphere. The ultimate goal here is to re-stabilize the environment to prevent an explosion.
That is why the industrial use of nitrogen in the oil and gas industry is so common. When aiming to purge pipelines, for instance, dry nitrogen gas can be run through the lines to eliminate any remaining water. In addition, the nitrogen prepares pipelines or vessels that will later be exposed to flammable or explosive gases.
In the coming years there is an increasing demand for Nitrogen Purging System in the regions of North America and Europe that is expected to drive the market for more advanced Nitrogen Purging System. Growth in government budgets in the principal countries, increasing of oil and gas fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Nitrogen Purging System will drive growth in North America and Europe markets.
The global Nitrogen Purging System market was 280 million US$ in 2017 and is expected to 360 million US$ by the end of 2025, growing at a CAGR of 3.2% between 2018 and 2025.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Nitrogen Purging System in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Praxair Technology
Air Products and Chemicals
IKM Testing
Linde
Schlumberger
Airgas
CS&P Technologies
Halliburton
BHGE
CNPC
NOV
NPS Group
CNOOC
Tang Seng
Smape Srl
A.Hak Industrial Services BV
Dajan
Kerui
DSV Pipetronix
By the product type, the market is primarily split into
Dilution Nitrogen Purging
Displacement Nitrogen Purging
Others
By the end users/application, this report covers the following segments
Oil & Gas
Chemical Industry
Metal Processing
Others
The study objectives of this report are:
To study and analyze the global Nitrogen Purging System market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.
To understand the structure of Nitrogen Purging System market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Nitrogen Purging System manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Nitrogen Purging System with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Nitrogen Purging System submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.
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