Market Scenario
Liquid nitrogen is the most common form of liquid nitrogen in the world. Liquid nitrogen is produced by freezing foods. Liquid nitrogen is a nontoxic and it rapidly cools things. It is best for preserving food, biological and medical products. Liquid nitrogen is expected to exceed USD 17 billion by 2022, at a CAGR of approximately 6%.
On the basis of function, coolant is expected to grow with highest market. On the basis of the production technology, cryogenic distillation is the most important market. On the basis of the end-user, chemicals & pharmaceutical segment is expected to dominate the market due to the growth in the pharmaceutical industry globally. North America is expected to be the highest market in the world.
Market Segments
Global Liquid Nitrogen Market can be segmented as follows:
- Segmentation by Function: Coolant, Refrigerant
- Segmentation by Production Technology : Cryogenic distillation, Pressure swing adsorption
- Segmentation by end-user : Chemicals, Pharmaceutical, Food & Beverages
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Study Objective of Liquid Nitrogen Market
- To obtain detailed analysis of the market structure along with for the next five years of the various segments and sub-segments of the Global Liquid Nitrogen Market
- To insights insights about factors affecting the market growth
- To Analyze the Global Liquid Nitrogen Market Based on various factors such as supply chain analysis, and Porter’s five force analysis
- To provide the world’s best value for money
- To provide the country with a view to the current market size and future prospective
- To be able to find the country of the market by segment, by production, by end-use and by region
- To provide strategic solutions to the market, competingively analyzing their core competencies, and drawing a competitive landscape for the market
- To track and analyze competitive developments, find joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Liquid Nitrogen Market.
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Key Players:
The key players of the global liquid nitrogen market are:
- Linde Ag (Germany)
- Praxair Inc. (US)
- Air Liquide SA (France)
- Nexair LLC (US)
- Taiyo Nippon Sanso Corporation (Japan)
- Messer Group (Germany)
- Air Products and Chemicals Inc. (US)
- Gulf Cryo (United Arab Emirates)
- Emirates Industrial Gases Co. LLC. (United Arab Emirates)
- Southern Industrial Gas Berhad (Malaysia)
Intended Audience:
- Liquid nitrogen manufacturers
- Distributer & Supplier companies
- End Users
- Consultants and Investment bankers
- Government as well as Independent Regulatory Authorities
Geographic Analysis:
- Geographical analysis across 15 countries
- Company Information
- Profiling of 10 key market players
- In-depth analysis including SWOT analysis, and strategy information of related to report title
- Competitive landscape including emerging trends adopted by major companies
Regional Analysis of Liquid Nitrogen Market:
The Liquid Nitrogen market can be geographically segmented into North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). North America region is expected to dominate Liquid Nitrogen Market during the forecast period. Asia pacific is expected to grow fastest during the forecast period because of the growing development activities and expansion of the economy.
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