Press release
Global Nitrogen Market 2020 Leading Segments And Growth Drivers Forecast To 2023
The nitrogen market consists of sales of industrial nitrogen and its related services used in various applications such as for food packaging in the food industry to prevent food spoilage, in steel manufacturing to prevent oxidation. The nitrogen gas is colorless, odorless, inert and non-flammable gas. It can be used to replace air and reduce or eliminate oxidation of materials including food items.
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Nitrogen gas eliminates the oxygen contact with the food item, preventing the oxidation of food thus, increasing its shelf life. This prevents food spoilage and helps in maintaining its quality. The growth of food and beverages industry results in significant increase in the demand for Nitrogen. Thus, positively affecting the growth of the nitrogen market.
Liquid nitrogen is used in industries such as oil and gas industries, metalworking, electronics, food processing and many manufacturing processes. Excess contact with liquid nitrogen can cause severe cold burns as well as frostbite. Further, any leak in nitrogen containers if kept in poorly ventilated room can cause severe damage to life and property.
Nitrogen Market Segmentation: -
By Type - The nitrogen market can be segmented into
1. Compressed Gas
2. Liquid Nitrogen
By End User- The nitrogen market can be segmented into
1. Petrochemical
2. Oil & Gas
3. Metal
4. Manufacturing & Fabrication
5. Food & Beverage
6. Electronics
7. Pharmaceutical & Healthcare
8. Chemical
9. Others
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Few Points From Table Of Content
1. Executive Summary
2. Nitrogen Market Characteristics
3. Nitrogen Market Size And Growth
4. Nitrogen Market Segmentation
5. Nitrogen Market Regional And Country Analysis
......
25. Nitrogen Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Global Nitrogen Market
27. Nitrogen Market Trends And Strategies
28. Nitrogen Market Future Outlook and Potential Analysis
29. Appendix
The present study exhibits the trends and market dynamics of the nitrogen market in major countries - USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world. The report also includes the study of the current issues with consumers and various future opportunities for the market.
Some of the major key players involved in the nitrogen market are Air Liquide, Linde Group, Praxair Inc., Air Products and Chemicals, Messer Group, Southern Industrial Gas Berhad, Taiyo Nippon Sanso Corporation, Gulf Cryo, Emirates Industrial Gases Co. LLC, nexAir.
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