Industrial Nitrogen Market 2016 Industry Outline, Global Executive Players, and Benefit Growth to 2028

The Industrial Nitrogen Market report includes an elaborate summary of the industrial nitrogen market that provides in-depth knowledge of different segmentations. Industrial Nitrogen market research report presents a detailed analysis based on the thorough research of the overall market, particularly studying the market size, growth scenarios, and potential opportunities for the market.

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According to the latest report by Quince Market Insights, the increasing demand from emerging markets in the Asia-Pacific region is expected to fuel the growth of the industrial nitrogen market over the forecast period. This has been observed in key innovations done by companies operating in the industry that are trying to expand their market positions. By nature, nitrogen is found in abundance and is therefore used in many industrial processes, like healthcare and chemical industries.

Understanding the chemistry and uses of industrial nitrogen
Industrial nitrogen comes in liquid or gaseous form. It is generated by fractional liquid and air distillation. It is colorless, odorless, non-flammable, non-corrosive, and extremely cold. When kept insulated from rain, it can be moved from one location to another. Liquid nitrogen is cryogenic in nature with a boiling point below -90 degree C because of which it is commonly used in various purposes including blood delivery, platelets, tissues, etc. Liquid nitrogen is also used in the health-care industry for cryosurgery and cryopathy.
North America is the largest market for industrial nitrogen followed by the Asia Pacific. Technological progress in countries like India in the Asia-Pacific region indicates the development of the industrial nitrogen market over the forecast period.

Key Development:
o In Aug 2018 YIG, the joint venture between BIG, the leading revolutionary industrial gas solution provider in Thailand, and Yangon Industrial Gas Trading Co. Ltd., which manufactures the major industrial gas plant in Thilawa SEZ, Zone B, will supply JMM with gaseous nitrogen and hydrogen, among other products in Myanmar.
o In Sep 2017, Air Liquide has signed a joint venture agreement with Sinopec (China Petroleum & Chemical Corp.) to take over and upgrade three existing air separation systems and to build a new manufacturing plant for nitrogen

Key Factors Impacting Market Growth:
o Increasing demand for industrial nitrogen in the healthcare industry
o Growing demand from emerging markets in the Asia Pacific region

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Regional Outlook:
The regional overview offers detailed information about markets in North America, Western Europe, Eastern Europe, Asia Pacific, Middle East and Rest of the World. During the forecast period, North America and Western Europe are expected to be critical regions for the industrial nitrogen sector. The energy & power sector is essential for the operations of various industries in this region. This is one of the key factors which controls the growth of the industrial nitrogen market in these regions. Some of the major countries included in this area include the US, Germany, the United Kingdom, France, Italy, Canada, etc.

Asia Pacific is expected to be one of the fastest-growing industrial nitrogen markets in the forecast period. Some of the fastest-growing economies and increasing energy & power demand to cater for high population & industries are expected to drive demand in this area. During the forecast period, China and India are expected to record large demand. The Middle East which includes the UAE, Saudi Arabia, Iran, Qatar, and others has high market potential. In terms of market demand, the rest of the world including South America and Africa are developing regions.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Ellenbarrie Industrial Gases
2. Air Products and Chemicals Inc.
3. Praxair Technology Inc.
4. Linde Group
5. Universal Industrial Gases, Inc.
6. CanAir Nitrogen Inc.
7. Chengdu Taiyu Industrial Gases Co.
8. Messer Group GmbH
9. nexAir LLC
10. Parker Hannifin Corp.
11. and EPC Engineering & Technologies GmbH

Market Segmentation:
By Form:
o Compressed
o Liquid
By Technology:
o Cryogenic Fraction Distillation
o Pressure Swing Adsorption
o Membrane Separation
By Transportation & Distribution
o Pipeline
o Cylinders & Packaged Gas
o Others
By End-Use Industry
o Petrochemicals
o Healthcare
o Chemicals
o Food & Beverages
o Others
By Region:
o North America
o By Country (US, Canada, Mexico)
o By Form
o By Technology
o By Transportation & Distribution
o By End-Use Industry
o Western Europe
o By Country (Germany, UK, France, Italy, Spain, Rest Western of Europe)
o By Form
o By Technology
o By Transportation & Distribution
o By End-Use Industry
o Eastern Europe
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Form
o By Technology
o By Transportation & Distribution
o By End-Use Industry
o Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Form
o By Technology
o By Transportation & Distribution
o By End-Use Industry
o Middle East
o By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
o By Form
o By Technology
o By Transportation & Distribution
o By End-Use Industry
o Rest of the World
o By Region (South America, Africa)
o By Form
o By Technology
o By Transportation & Distribution
o By End-Use Industry

Reasons To Buy This Report:
o Market size estimation of the industrial nitrogen market on a regional and global basis.
o The unique research design for market size estimation and forecast.
o Profiling of major companies operating in the market with key developments.
o Broad scope to cover all possible segments helping every stakeholder in the market.

Contact:

Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: +91 - 9850603687 / 7972869557
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com

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This release was published on openPR.