Press release
Liquid Nitrogen Market is expected to cross USD 17 Billion by 2022, at a CAGR of approximately 6% - MRFR
Liquid nitrogen is formed at very low temperature in a liquefied form. Liquid nitrogen allows to freeze in first instant and can be stored and transported in suitable environment. Liquid nitrogen is produced by simultaneously removing the heat and compressing the air and in cryogenic fluid, helps in freezing foods. Liquid nitrogen is a nontoxic and it rapidly cools things. It is best for preserving food, biological and medical products. Liquid nitrogen is expected to cross USD 17 Billion by 2022, at a CAGR of approximately 6%.
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On the basis of function, coolant is expected to grow with highest market share in the forecast period because at low temperature liquid nitrogen serves as an ideal coolant for many industries. On the basis production technology, cryogenic distillation is expected to witness the largest market share because it is most widely used for high purity oxygen, nitrogen and argon for industries. On the basis of end-user, chemicals & pharmaceutical segment is expected to dominate the market due to the growth in the pharmaceutical industry globally. North America is expected to witness the highest market share in the forecast period.
Study Objectives of Liquid Nitrogen Market:
•To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the Global Liquid Nitrogen Market
•To provide insights about factors affecting the market growth
•To Analyse the Global Liquid Nitrogen Market based on various factors such as supply chain analysis, and Porter’s five force analysis
•To provide historical and forecast revenue of the market segments and sub-segments with respect to regions and their respective key countries
•To provide country level analysis of the market with respect to the current market size and future prospective
•To provide country level analysis of the market for segments by function, by production technology, by end-use and by region
•To provide strategic profiling of key players in the market, comprehensively analysing their core competencies, and drawing a competitive landscape for the market
•To track and analyse competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Liquid Nitrogen Market.
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Market Segmentation:
Global Liquid Nitrogen Market Research Report - Forecast to 2022
Regional Analysis of Liquid Nitrogen Market:
The Liquid Nitrogen market can be geographically segmented into North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). North America region is expected to dominate Liquid Nitrogen Market during the forecast period. Asia pacific is expected to grow fastest during the forecast period because of the growing development activities and expansion of the economy.
Key Players:
The key players of global liquid nitrogen market are Linde Ag (Germany), Praxair Inc. (U.S.), Air Liquide S.A. (France), Nexair LLC (U.S.), Taiyo Nippon Sanso Corporation (Japan), Messer Group (Germany), Air Products and Chemicals Inc. (U.S.), Gulf Cryo (United Arab Emirates), Emirates Industrial Gases Co. LLC. (United Arab Emirates), and Southern Industrial Gas Berhad (Malaysia).
Intended Audience:
•Liquid nitrogen manufacturers
•Distributer & Supplier companies
•End Users
•Consultants and Investment bankers
•Government as well as Independent Regulatory Authorities
Product Analysis:
•Product matrix which gives a detailed comparison of the market for different recycled product types
Additional Information:
•Regulatory Landscape
•Pricing Analysis
•Macroeconomic Indicators
Geographic Analysis:
•Geographical analysis across 15 countries
•Company Information
•Profiling of 10 key market players
•In-depth analysis including SWOT analysis, and strategy information of related to report title
•Competitive landscape including emerging trends adopted by major companies
Company Information
Profiling of 10 key market players
In-depth analysis including SWOT analysis, and strategy information of related to report title
Competitive landscape including emerging trends adopted by major
companies
The report for Liquid Nitrogen Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market
Scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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