Learn about the global industrial nitrogen market through The Business Research Company, which provides information on industrial nitrogen market size, industrial nitrogen market drivers and restraints, industrial nitrogen market players, the COVID-19 impact on the industrial nitrogen market, and more.

The global industrial nitrogen market size is expected to grow from $16.7 billion in 2021 to $17.6 billion in 2022 at a compound annual growth rate (CAGR) of 5.7%. The global industrial nitrogen market size is then expected to grow to $22.1 billion in 2026 at a CAGR of 5.8%.
The growth of the food and beverage industry is contributing to the growth of the industrial nitrogen market.

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The industrial nitrogen market consists of sales of industrial nitrogen by entities (organizations, sole traders, and partnerships) that refer to high-purity nitrogen obtained by different methods for usage in industries. Nitrogen gas is colorless, odorless, and chemically inert, used in industrial applications where chemical cross-reactivity between substrates is undesirable such as food processing, beverage and brewery industries, oil and gas recovery and others.

Global Industrial Nitrogen Market Segments Include:

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: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the Industrial Nitrogen market in 2021.

Increasing merger and acquisitions is a key trend gaining popularity in the industrial nitrogen market.

TBRC’s industrial nitrogen market report covers:

Major Market Players: 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

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Industrial Nitrogen Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026  is one of a series of new reports from The Business Research Company that provides industrial nitrogen market overviews, analyzes and forecasts market size, share, industrial nitrogen market players, industrial nitrogen market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s industrial nitrogen market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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