Liquid Nitrogen Market Forecast to 2030: Key Players, Growth,...

Liquid Nitrogen Market Forecast to 2030: Key Players, Growth, Trends and Opportunities

Posted 2024-05-20 13:55:11

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This Liquid Nitrogen market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Liquid Nitrogen report simplifies managing marketing of goods and services effectively.

Data Bridge Market Research analyses that the liquid nitrogen market which was USD 16,779.00 million in 2022, would rocket up to USD 24,790.22 million by 2030, and is expected to undergo a CAGR of 5.0% during the forecast period of 2023 to 2030.

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Market Overview:

The liquid nitrogen market consists of the production, distribution, and use of extremely cold nitrogen gas in liquid form. It is produced through cryogenic distillation that is further stored in insulated containers, and used in various industries. It is used for freezing and preserving food, biological samples cryopreservation, and pharmaceutical applications among others. Liquid nitrogen can cool rapidly and maintain product quality across medical treatments and different industrial processes that require low temperatures.

Some of the major players operating in the Liquid Nitrogen market are Air Products and Chemicals Inc. (U.S.), Linde Plc (Germany), Praxair Technology Inc., (U.S.), NEXAIR. (U.S.), Air Liquide S.A. (France), Taiyo Nippon Sanso Corporation (Japan), Gulf Cryo (UAE), Emirates Industrial Gases Co. LLC. (UAE), Southern Industrial San Bhd (Malaysia), Universal Industrial Gases Inc, (U.S.), Yingde Gases Group (China), Messer Group (Germany), AMCS Corporation (U.S.), Statebourne Cryogenics (U.S.), AIGA (Singapore) among others.

Global Liquid Nitrogen Market Scope

The liquid nitrogen market is segmented on the basis of function, production technology, storage, distribution and transportation, and end-use industry. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Function (Coolant, Refrigerant), Production Technology (Cryogenic Distillation, Pressure Swing Adsorption), Storage, Distribution and Transportation (Cylinders and Packaged Gas, Merchant Liquid/Bulk, Tonnage), End-use Industry (Healthcare, Food and Beverages, Chemicals and Pharmaceuticals, Metal Manufacturing and Construction, Rubber and Plastic, Others)

Function

Coolant
Refrigerant

Production Technology

Cryogenic Distillation
Pressure Swing Adsorption

Storage, Distribution, and Transportation

Cylinders and Packaged Gas
Merchant Liquid/Bulk
Tonnage

End-use Industry

Healthcare
Food and Beverages
Chemicals and Pharmaceuticals
Metal Manufacturing and Construction
Rubber and Plastic
Others

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Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Liquid Nitrogen Market Landscape

Part 04: Global Liquid Nitrogen Market Sizing

Part 05: Global Liquid Nitrogen Market Segmentation By Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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