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Industrial Nitrogen Market 2023 - Business Overview, New Share, Trends Analysis, And Forecast To 2032 | Praxair, Air Products and Chemicals, Air Liquide, Linde
Industrial Nitrogen Market
Industrial Nitrogen Market Size, Growth Rate, And Forecast
The global industrial nitrogen market size grew from $17.8 billion in 2022 to $18.99 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The industrial nitrogen market size is expected to grow to $24.27 billion in 2027 at a CAGR of 6.3%.
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Industrial Nitrogen Market Drivers
The growth of the food and beverage industry is contributing to the growth of the industrial nitrogen market. The food and beverage industry uses nitrogen in commercial food and beverage production processes. It is used in modified atmosphere packaging to prolong the freshness of commercially manufactured food items.
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Industrial Nitrogen Market Segments
• By Form: Compressed Gas, Liquid Nitrogen
• By Grade: High Purity, Low Purity
• By Technology: Cryogenic Fractional Distillation, Pressure Swing Adsorption, Membrane Separation
• By Transportation And Distribution: Bulk, Cylinder And Packed Gas, Tonnage/Pipeline
• By End Use Industry: Petrochemical, Oil And gas, Metal Manufacturing And Fabrication, Food And Beverage, Electronics, Pharmaceutical And Healthcare, Chemical
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the industrial nitrogen market.
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Industrial Nitrogen Market Key Players
Major competitors in the industrial nitrogen market include Praxair, Air Products and Chemicals, Air Liquide, Linde, Taiyo Nippon Sanso, Cryotec, Bhuruka Gases Limited, Sudanese Liquid Air Company, Canair Nitrogen Inc., Messer Group, Nexair LLC, Gulf Cryo, Southern Industrial Gas, Universal Industrial Gases, Inc., Yingde Gases Group Company, Ellenbarrie Industrial Gases, Bombay Oxygen Corporation Ltd., Emirates Industrial Gases, Parker Hannifin Corp, Chengdu Taiyu Industrial Gases Co and Aspen Air Corp.
The Business Research Company's "Global Industrial Nitrogen Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Industrial Nitrogen Market Include:
1. Executive Summary
2. Industrial Nitrogen Market Characteristics
3. Industrial Nitrogen Market Trends And Strategies
4. Industrial Nitrogen Market - Macro Economic Scenario
5. Industrial Nitrogen Market Size And Growth
……
26. Africa Industrial Nitrogen Market
27. Industrial Nitrogen Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Industrial Nitrogen Market
29. Industrial Nitrogen Market Future Outlook And Potential Analysis
30. Appendix
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