Nitrogen Market Size, Status, Global Demand, Share And Regional Outlook 2022

The global nitrogen market report by the business research company Industrial gas companies are increasingly using pressure swing adsorption (PSA) technology as a cost-effective and highly efficient method to produce nitrogen to be a major growth driver for the nitrogen market. PSA systems operate on the principle of adsorption. They consist of adsorption vessels packed with carbon molecular sieves (CMS) which are capable of absorbing carbon dioxide and residual moisture. At high pressures, CMS selectively adsorbs oxygen, thus allowing nitrogen to pass through at the desired purity level. Onsite generation of nitrogen using PSA systems is more cost-effective than traditional cryogenic distillation or stored liquid nitrogen. PSAs can economically produce nitrogen at flow rates from less than 5,000 scfh to greater than 60,000 scfh, and at purities from 95% to 99.9995%. Mahler AGS, a German manufacturer of on-site gas generation plants, is using PSA systems for the low-cost production of nitrogen. Major industrial gas companies such as Linde, Air Products, Air Liquide, and Praxair are using PSA systems to enhance nitrogen production.

The global nitrogen market size is expected to grow from $31.13 billion in 2021 to $34.96 billion in 2022 at a compound annual growth rate (CAGR) of 12.3%. The global nitrogen market size is expected to grow to $53.85 billion in 2026 at a CAGR of 11.4%.

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Asia Pacific was the largest region in the nitrogen market in 2021. North America was the second-largest region in the global nitrogen market. The regions covered in the global nitrogen market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Major players in the organic food 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, and nexAir.

The global nitrogen market is segmented -

1) By Product Type: Compressed Gas, Liquid Nitrogen

2) By Application: Commercial Use, Industrial Use, Science and Research

3) By End User Industry: Petrochemical, Oil & Gas, Metal Manufacturing & Fabrication, Food & Beverage, Electronics, Pharmaceutical & Healthcare, Chemical, Other End Use Industries

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The Nitrogen Market Report Contents Include
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
....
28. Key Mergers And Acquisitions In The Nitrogen Market
29. Nitrogen Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the nitrogen market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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