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The growing food and beverage industry are expected to drive innovation in nitrogen manufacturing, thus driving the market during the forecast period.

The global nitrogen market is expected to grow from $35.19 billion in 2022 to $38.95 billion in 2023 at a compound annual growth rate (CAGR) of 10.7%. The global nitrogen market size is expected to grow from $57.79 billion in 2027 at a CAGR of 10.4%.

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Global Nitrogen Market Segments Include:

• By Product Type: Compressed Gas, Liquid Nitrogen
• By Application: Commercial Use, Industrial Use, Science and Research
• By End User Industry: Petrochemical, Oil & Gas, Metal Manufacturing & Fabrication, Food & Beverage, Electronics, Pharmaceutical & Healthcare, Chemical, Other End Use Industries

• 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 is the largest region in the global nitrogen market in 2021.

Major Market Players in the nitrogen market include Air Liquide, Linde Group, Praxair Inc., Air Products and Chemicals, Messer Group, Southern Industrial Gas Berhad, Taiyo Nippon Sanso Corporation.

Industrial gas companies are increasingly using pressure swing adsorption (PSA) technology as a cost-effective and highly efficient method to produce nitrogen. PSA systems operate on the principle of adsorption. They consist of adsorption vessels packed with carbon molecular sieves (CMS) which are capable of absorbing carbon dioxide and residual moisture. At high pressures, CMS selectively adsorbs oxygen, thus allowing nitrogen to pass through at the desired purity level. Onsite generation of nitrogen using PSA systems is more cost-effective than traditional cryogenic distillation or stored liquid nitrogen. PSAs can economically produce nitrogen at flow rates from less than 5,000 scfh to greater than 60,000 scfh and at purities from 95% to 99.9995%. Mahler AGS, a German manufacturer of on-site gas generation plants, is using PSA systems for the low-cost production of nitrogen. Major industrial gas companies such as Linde, Air Products, Air Liquide, and Praxair are using PSA systems to enhance nitrogen production.

The Nitrogen Global Market Report 2023  provides a nitrogen market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The nitrogen market forecast analyzes nitrogen market size, nitrogen market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Nitrogen is a chemical substance used to replace air and reduce or eliminate the oxidation of materials, including food items. Nitrogen gas has no color, no odor, is inert, and is not flammable.

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