Nitrogen Procurement Intelligence

In this Nitrogen procurement intelligence report, we have estimated the key cost components which include raw material / feedstock, labor, machinery & equipment, energy, storage & transportation, and others. Other costs can be further bifurcated into administrative fee, rent, maintenance & repair, depreciation, interest on loan, and tax.

Key factors that influence the prices of the products offered in the category include energy prices, transportation expenses, purity, technology utilized, and location. The prominent pricing model followed in the industry is cost-plus pricing wherein in which the cost to create a product, expressed as its unit cost, is increased by a certain percentage.

Depending on whether it is made on-site or purchased from a source (supplied in bulk), the price of liquid nitrogen in the US varies significantly. Liquid nitrogen may be produced on-site for as little as USD 0.12 per litre, making it a very cost-effective process. Depending on the location, LN2 prices range between USD 0.49 per litre to USD 1.77 per litre when bought in bulk from a source.

Order your copy of the Nitrogen category procurement intelligence report 2024-2030, published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key negotiation strategies of key suppliers, and low-cost/best-cost sourcing analysis

Operational Capabilities - Nitrogen

• Geographical Service Provision - 30%
• Industries Served - 25%
• Years in Service - 20%
• Employee Strength - 15%
• Revenue Generated - 5%
• Certifications - 5%

Functional Capabilities - Nitrogen

• Form of Delivery (Compressed Gas / Liquid) - 35%
• Product Concentration & Purity - 20%
• Technology Deployed for Production - 15%
• On-Site Generation - 10%
• Regulatory Compliance in Storage & Transportation - 10%
• Lead Time - 5%
• Others - 5%

Rate Benchmarking

The following are the prices of Nitrogen gas in the U.S.:

a) 0.1%-49% Nitrogen-UHP / Hydrogen core gas: Over USD 176.09 for size 200 cylinder

b) 0.1%-49% Nitrogen-UHP / Oxygen core gas: Over USD 186.89 for size 200 cylinder

c) Nitrogen <2 ppm moisture: USD 24.09 to USD 29.59 for size 255 cylinder and size 304.

d) Nitrogen (PP): Over USD 52.79 for size 257 cylinder

e) Nitrogen (UHP): Over USD 95.19 for size 257 cylinder

The following are the prices of Nitrogen gas in the U.K.:

a) Nitrogen technical grade: Over£ 63.95 for 10 litre cylinder

b)  Nitrogen BIP: Over £ 133.39 for 47 litre cylinder

c) Nitrogen : Over £ 103.89 for 47 litre cylinder

Supplier Newsletter

In June 2023, AirFusion Ltd. introduced ‘NitroJet’, a novel transportable nitrogen supply unit intended for distant and transient industrial applications. ‘NitroJet’ prevents requirement for permanent nitrogen infrastructure, making it an adaptable and affordable option for off-grid operations and construction sites.

In January 2023, Linde plc announced buying stake in nexAir, LLC. The acquisition has broadened Linde's presence in a key and rapidly expanding region of the Southeast United States while enhancing its current packaged gas business. In addition, the acquisition supported company’s approach of growing network density and reinvesting in prospects that satisfy the investment criteria.

In April 2022, Air Products and Chemicals, Inc. announced the acquisition of the industrial gas business unit of L’Air Liquide S.A., based out of Bahrain and U.A.E. The acquisition improved the sourcing and dependability of company’s products and added skilled and committed individuals who are enthusiastic about supporting regional clients. In addition, the company got supported in expanding its industrial gas business in Middle East, backing its growth plan for the region.

List of Key Suppliers

• ADNOC Gas
• Air Products and Chemicals, Inc.
• BOC Limited
• Gulf Cryo
• L’Air Liquide S.A.
• Linde plc
• Messer SE & Co. KGaA
• nexAir, LLC
• Praxair, Inc.
• Southern Industrial Gas Sdn Bhd
• Taiyo Nippon Sanso Corporation
• Universal Industrial Gases, Inc.
• Yingde Gases Group Company Limited 

Browse through Grand View Research’s collection of procurement intelligence studies:

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• Loyalty Programs Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)
• Helium Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape) 

Nitrogen Procurement Intelligence Report Scope 

• Report Coverage : Revenue forecast, supplier ranking, supplier positioning matrix, emerging technology, pricing models, cost structure, competitive landscape, growth factors, trends, engagement, and operating model 

Brief about Pipeline by Grand View Research:

A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of supply chain, which helps in efficient procurement decisions. 

Our services include (not limited to): 

• Market Intelligence involving – market size and forecast, growth factors, and driving trends
• Price and Cost Intelligence – pricing models adopted for the category, total cost of ownerships
• Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing
• Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best suited countries for sourcing to minimize supply chain disruptions