Press release
Global Industrial Nitrogen Market : Industry Analysis and Detailed Profiles of Top Industry Players: Gulf Cryo, Emirates Industrial Gases Co. LLC, Nexair LLC, Universal Industrial Gases, Yingde Gases Group Company, Aspen Air Corp.
Global Industrial Nitrogen Market is expected to reach USD 23.7 billion by 2025, from USD 14.9 billion in 2017 growing at a CAGR of 5.9% during the forecast period of 2018 to 2025.
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.
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Market Drivers & Restraint:
• Increasing growth in the food & beverage industry
• Growth in developing markets of modern healthcare
• Increasing demand from the chemical industry
• Structural and Regulatory Restrictions
Key Market Competitors:
The key players operating in the global industrial nitrogen market are –
The Linde Group,
Praxair Inc.,
Air Liquide,
Air Products and Chemicals,
Messer Group
The other players in the market are 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.
Competitive Analysis:
The global industrial nitrogen market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Catalyst Carriers Market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Table of Content:
• Part 01: Executive Summary
• Part 02: Scope of The Report
• Part 03: Global Industrial Nitrogen Market Landscape
o Market ecosystem
o Market characteristics
o Market segmentation analysis
• Part 04: Global Industrial Nitrogen Market Sizing
o Market definition
o Market sizing 2018
o Market size and forecast 2018-2025
• Part 05: Five Forces Analysis
o Bargaining power of buyers
o Bargaining power of suppliers
o Threat of new entrants
o Threat of substitutes
o Threat of rivalry
o Market condition
• Part 06: Global Industrial Nitrogen Market Segmentation by Product
o Market segmentation by product
o Market segmentation by Applications
o Market segmentation by End Users
o Comparison by product
o Others – Market size and forecast 2018-2025
o Market opportunity by product
• Part 07: Customer Landscape
• Part 08: Geographic Landscape
o Geographic segmentation
o Geographic comparison
o Americas – Market size and forecast 2018-2025
o EMEA – Market size and forecast2018-2025
o APAC – Market size and forecast 2018-2025
o Key leading countries
o Market opportunity
• Part 09: Decision Framework
• Part 10: Drivers and Challenges
o Market drivers
o Market challenges
• Part 11: Market Trends
• Part 12: Vendor Landscape
o Overview
o Landscape Disruption
• Part 13: Vendor Analysis
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Apart from use of nitrogen as fertilizers, compounds of nitrogen are used for industrial purpose, development of Kevlar fabric and also used in pharmaceutical drugs such as antibiotics. It is also used in food & beverage industry and manufacturing stainless steel due it its inert gas property. 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.
Segmentation:
• By Form
o Compressed Gas
o Liquid Nitrogen
• By Technology
o Cryogenic Fraction Distillation
o Membrane Separation
o Pressure Swing Adsorption
• By Transportation & Distribution
o Cylinders & Packaged Gas
o Bulk
o Tonnage/Pipeline
• By End-Use Industry
o Petrochemical
o Oil & Gas
o Metal Manufacturing & Fabrication
o Food & Beverage
o Electronics
o Pharmaceutical & Healthcare
o Chemical
o Others
• By Grade
o High Purity
o Low Purity
• By Geography
o Asia Pacific
o North America
o Europe
o South America
o Middle East & Africa
More information for Report @ https://databridgemarketresearch.com/reports/global-industrial-nitrogen-market/
Key Insights in the report:
• Historical and current market size and projection up to 2025
• Market trends impacting the global industrial nitrogen market.
• Analyze and forecast industrial nitrogen market on the basis of form, technology, Transportation & distribution, end-use industry and grade.
• Trends of key regional and country-level markets for form, technology, transportation & distribution, end-use industry and grade.
• Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis.
About Us:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge Market Research provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
Email: Sopan.gedam@databridgemarketresearch.com
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