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Nitrogen Market Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2025
Nitrogen Market
The nitrogen market report describes and explains the global nitrogen market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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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 colorlesscolourless, odorlessodourless, inert and non-flammable gas. It can be used to replace air and reduce or eliminate oxidation of materials including food items. This gas is used in various industries including healthcare, food & beverages, metal production, automotive, chemicals and agrochemicals, etc.
The global nitrogen market is expected to grow from $27.35 billion in 2020 to $28.61 billion in 2021 at a compound annual growth rate (CAGR) of 4.6%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $33.17 billion in 2025 at a CAGR of 4%.
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Some of the major players of 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, CanAir Nitrogen, Chengdu Taiyu Industrial Gases, Universal Industrial Gases, Yingde Gases Group Company, Aspen Air Corp.
The countries covered in the global nitrogen market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global nitrogen market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global nitrogen market is segmented -
1) By Product Type: Compressed Gas, Liquid Nitrogen
2) By End Use Industry: Petrochemical, Oil & Gas, Metal Manufacturing & Fabrication, Food & Beverage, Electronics, Pharmaceutical & Healthcare, Chemical, Others
3) By Application: Commercial Use, Industrial Use, Science and Research
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Few Points From Table Of Content
1. Executive Summary
2. Nitrogen Market Characteristics
3. Nitrogen Market Trends And Strategies
4. Impact Of COVID-19 On Nitrogen
5. Nitrogen Market Size And Growth
.....
26. Africa Nitrogen Market
27. Nitrogen Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Nitrogen Market
29. Nitrogen Market Future Outlook and Potential Analysis
30. Appendix
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