Global industrial nitrogen market is anticipated to reach USD 38.29 Billion by 2033, at a CAGR of 6.1% from 2024 to 2033. Global industrial nitrogen market is witnessing considerable growth due to the growing food & beverage and pharmaceutical industries in the emerging markets. Technological advancements in industrial gas are the major factors driving the growth of the industrial nitrogen market. Along with technology, the infrastructure of the industries is developing and new facilities such as refineries, production plants and processing facilities are also being developed. Due to this development, the demand for nitrogen will increase which will lead to the growth of this market.
Nitrogen is an odor-free, colorless, tasteless gas that accounts for 78.09 percent of breathing air and it is incombustible. Nitrogen gas is slightly soluble in water and slightly lighter than air. It is generally thought of and used as an inert gas, but it is not truly inert. When combined with oxygen, it produces nitrogen dioxide and nitric oxide, ammonia by hydrogen, and nitrogen sulfide by sulphur.
Nitrogen compounds are made by biological activity, naturally. Nitrogen can be combined with some metals such as magnesium, lithium and titanium at high temperatures to form nitrides. Nitrogen is essential in different biological processes and is used as a fertilizer, typically in the form of compounds based on ammonia. Compounds that are formed with halogens and some organic compounds may be explosive. Smaller amounts of industrial nitrogen can be produced as a gas by processes of pressure swing adsorption or diffusion separation whereas large-volume of industrial nitrogen is supplied by cryogenic distillation.
Nitrogen is used in various industries from the food industry to drug manufacturing. Industrial nitrogen has been a predominant option in many fields, including but not limited to: packaging in the food industry to avoid oxidation and food spoilage, in the form of nitrous oxide, nitrogen is used in the SCUBA equipment and as an anesthetic in surgery, used to produce transistors, circuits and diodes, welding and metalworking to prevent the development of oxides and waste compounds, nitrous oxide is used as a propellant in jet fuel and professional motor racing, in producing steel to avoid oxidation, as a cheaper alternative to argon in light bulb production. Gaseous nitrogen is valued for inertness. Whereas, liquid nitrogen is valued for coldness as well as inertness.
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A key driver for the growth of the global industrial nitrogen market is the rapidly rising food and beverage industry. In fact, the increasing population has contributed to a huge rise in demand for food products, coupled with the need to also maintain the quality and safety of the products.
Nitrogen frequently tends to maintain food products fresh by reducing the risk of discoloration and spoilage. The rising issues related to food safety and hygienic storage are expected to further fuel this global market over the forecasted time period.
The demand for cryogen from the healthcare industry to conserve and freeze blood, tissues, and reproductive cells, etc., is fuelling market growth. The healthcare sector is expected to boost the growth of the industrial nitrogen market in the future, owing to major technological advances.
In certain regions, regulatory and structural frameworks are not conducive to the manufacture of nitrogen. Also, concerns relating to hazards of industrial nitrogen are hampering the market growth.
Within the chemical sector, industrial nitrogen is used for reactor cooling, as a pressurizing gas for propelling liquid into pipes and for extracting volatile organic compounds from the process stream. This increasing demand for nitrogen in the chemical industry will provide a huge opportunity to the market over the forecast period.
A number of areas in developing economies are also dealing with the high cost of nitrogen production. In addition, developed markets such as those in Europe and North America can see maturing industrial nitrogen demand and thus may act as a challenge for the market during the forecast period.
The global industrial nitrogen market has been segmented based on technology, form, transportation & distribution, end-use industry and regions.
The regions evaluated for the industrial nitrogen market include Europe, North America, South America, Asia Pacific, and the Middle East and Africa. The Asia Pacific region emerged as the largest market for industrial nitrogen with a 32.5% share of market revenue in 2023.
Asia Pacific Industrial Nitrogen Market Share in 2023 - 32.5%
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The key players are now concentrating on implementing strategies like adopting new technology, product innovations, mergers & acquisitions, joint venture, alliances and partnerships to improve their market position in the global industrial nitrogen industry.
For instance, in May 2016, Air Liquide announced that it has completed the acquisition of Airgas, Inc., one of U.S.'s largest suppliers of industrial gases and associated goods and services.
In November 2017, Air Products reported that it has acquired a majority stake in the industrial gases sector of Muscat Gases Company, Oman's leading industrial gas and liquefied petroleum gas (LPG) company. Air Products also holds the majority stake in the industrial gas business of the company called United Industrial Gas Company L.L.C, while Muscat Gases Company will hold a minority stake in the company. The investment is yet another example of how Air Products is developing its position in the Middle East and expanding it.
Report Description
As per the brainy insights, the size of the industrial nitrogen market was valued at USD 21.18 billion in 2023 and is anticipated to reach USD 38.29 billion by 2033.
Global industrial nitrogen market is growing at a CAGR of 6.1% during the forecast period 2024-2033.
The Asia Pacific region emerged as the largest market for the Industrial Nitrogen.
The major factor driving the growth of the global industrial nitrogen market is the rapidly growing food and beverage industry.
Concerns relating to hazards of industrial nitrogen is hampering the market growth.
This increasing demand for nitrogen in the chemical industry will provide huge opportunity to the market over the forecast period.
Key players are Taiyo Nippon Sanso, Praxair, Air Liquide, Linde, and Air Products and Chemical.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Form
4.3.2. Market Attractiveness Analysis By Technology
4.3.3. Market Attractiveness Analysis By Transportation & Distribution
4.3.4. Market Attractiveness Analysis By End-use Industry
4.3.5. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Rapidly growing food & beverage industry
5.2.2. Growth of modern healthcare
5.3. Restrains
5.3.1. Structural and regulatory frameworks
5.4. Opportunities
5.4.1. Increasing demand from the chemical industry
5.5. Challenges
5.5.1. High cost of production and growth stagnation in North America and Europe
6. Global Industrial Nitrogen Market Analysis and Forecast, By Form
6.1. Segment Overview
6.2. Compressed gas
6.3. Liquid nitrogen
7. Global Industrial Nitrogen Market Analysis and Forecast, By Technology
7.1. Segment Overview
7.2. Cryogenic fractional distillation
7.3. Pressure swing adsorption
7.4. Membrane separation
8. Global Industrial Nitrogen Market Analysis and Forecast, By Transportation & Distribution
8.1. Segment Overview
8.2. Bulk
8.3. Cylinder & packed gas
8.4. Tonnage/Pipeline
9. Global Industrial Nitrogen Market Analysis and Forecast, By End-Use Industry
9.1. Segment Overview
9.2. Metal manufacturing & fabrication
9.3. Oil & gas
9.4. Petrochemical
9.5. Pharmaceutical & healthcare
9.6. Chemical
10. Global Industrial Nitrogen Market Analysis and Forecast, By Regional Analysis
10.1. Segment Overview
10.2. North America
10.2.1. U.S.
10.2.2. Canada
10.2.3. Mexico
10.3. Europe
10.3.1. Germany
10.3.2. France
10.3.3. U.K.
10.3.4. Italy
10.3.5. Spain
10.4. Asia-Pacific
10.4.1. Japan
10.4.2. China
10.4.3. India
10.5. South America
10.5.1. Brazil
10.6. Middle East and Africa
10.6.1. UAE
10.6.2. South Africa
11. Global Industrial Nitrogen Market-Competitive Landscape
11.1. Overview
11.2. Market Share of Key Players in the Industrial Nitrogen Market
11.2.1. Global Company Market Share
11.2.2. North America Company Market Share
11.2.3. Europe Company Market Share
11.2.4. APAC Company Market Share
11.3. Competitive Situations and Trends
11.3.1. Product Launches and Developments
11.3.2. Partnerships, Collaborations, and Agreements
11.3.3. Mergers & Acquisitions
11.3.4. Expansions
12. Company Profiles
12.1. Air Liquide
12.1.1. Business Overview
12.1.2. Company Snapshot
12.1.3. Company Market Share Analysis
12.1.4. Company Component Portfolio
12.1.5. Recent Developments
12.1.6. SWOT Analysis
12.2. Air Products & Chemicals
12.2.1. Business Overview
12.2.2. Company Snapshot
12.2.3. Company Market Share Analysis
12.2.4. Company Component Portfolio
12.2.5. Recent Developments
12.2.6. SWOT Analysis
12.3. Aspen Air Corp
12.3.1. Business Overview
12.3.2. Company Snapshot
12.3.3. Company Market Share Analysis
12.3.4. Company Component Portfolio
12.3.5. Recent Developments
12.3.6. SWOT Analysis
12.4. Ellenbarrie Industrial Gases
12.4.1. Business Overview
12.4.2. Company Snapshot
12.4.3. Company Market Share Analysis
12.4.4. Company Component Portfolio
12.4.5. Recent Developments
12.4.6. SWOT Analysis
12.5. Gulf Cryo
12.5.1. Business Overview
12.5.2. Company Snapshot
12.5.3. Company Market Share Analysis
12.5.4. Company Component Portfolio
12.5.5. Recent Developments
12.5.6. SWOT Analysis
12.6. Messer Group
12.6.1. Business Overview
12.6.2. Company Snapshot
12.6.3. Company Market Share Analysis
12.6.4. Company Component Portfolio
12.6.5. Recent Developments
12.6.6. SWOT Analysis
12.7. Nexair LLC
12.7.1. Business Overview
12.7.2. Company Snapshot
12.7.3. Company Market Share Analysis
12.7.4. Company Component Portfolio
12.7.5. Recent Developments
12.7.6. SWOT Analysis
12.8. Praxair Inc.
12.8.1. Business Overview
12.8.2. Company Snapshot
12.8.3. Company Market Share Analysis
12.8.4. Company Component Portfolio
12.8.5. Recent Developments
12.8.6. SWOT Analysis
12.9. Taiyo Nippon Sanso Corporation
12.9.1. Business Overview
12.9.2. Company Snapshot
12.9.3. Company Market Share Analysis
12.9.4. Company Component Portfolio
12.9.5. Recent Developments
12.9.6. SWOT Analysis
12.10. The Linde Group
12.10.1. Business Overview
12.10.2. Company Snapshot
12.10.3. Company Market Share Analysis
12.10.4. Company Component Portfolio
12.10.5. Recent Developments
12.10.6. SWOT Analysis
12.11. Universal Industrial Gases
12.11.1. Business Overview
12.11.2. Company Snapshot
12.11.3. Company Market Share Analysis
12.11.4. Company Component Portfolio
12.11.5. Recent Developments
12.11.6. SWOT Analysis
12.12. Yingde Gases Group Company
12.12.1. Business Overview
12.12.2. Company Snapshot
12.12.3. Company Market Share Analysis
12.12.4. Company Component Portfolio
12.12.5. Recent Developments
12.12.6. SWOT Analysis
List of Table
1. Global Industrial Nitrogen Market, By Form, 2020–2033 (USD Billion)
2. Global Compressed gas Market, By Region, 2020–2033 (USD Billion)
3. Global Liquid nitrogen Market, By Region, 2020–2033 (USD Billion)
4. Global Industrial Nitrogen Market, By Technology, 2020–2033 (USD Billion)
5. Global Cryogenic fractional distillation Industrial Nitrogen Market, By Region, 2020–2033 (USD Billion)
6. Global Pressure swing adsorption Industrial Nitrogen Market, By Region, 2020–2033 (USD Billion)
7. Global Membrane separation Industrial Nitrogen Market, By Region, 2020–2033 (USD Billion)
8. Global Industrial Nitrogen Market, By Transportation & Distribution, 2020–2033 (USD Billion)
9. Global Bulk Industrial Nitrogen Market, By Region, 2020–2033 (USD Billion)
10. Global Cylinder & packed gas Industrial Nitrogen Market, By Region, 2020–2033 (USD Billion)
11. Global Tonnage/Pipeline Industrial Nitrogen Market, By Region, 2020–2033 (USD Billion)
12. Global Industrial Nitrogen Market, By End-use Industry, 2020–2033 (USD Billion)
13. Global Metal manufacturing & fabrication Industrial Nitrogen Market, By Region, 2020–2033 (USD Billion)
14. Global Oil & gas Industrial Nitrogen Market, By Region, 2020–2033 (USD Billion)
15. Global Petrochemical Industrial Nitrogen Market, By Region, 2020–2033 (USD Billion)
16. Global Pharmaceutical & healthcare Industrial Nitrogen Market, By Region, 2020–2033 (USD Billion)
17. Global Chemical Industrial Nitrogen Market, By Region, 2020–2033 (USD Billion)
18. Global Industrial Nitrogen Market, By Region, 2020–2033 (USD Billion)
19. Global Industrial Nitrogen Market, By North America, 2020–2033 (USD Billion)
20. North America Industrial Nitrogen Market, By Form, 2020–2033 (USD Billion)
21. North America Industrial Nitrogen Market, By Technology, 2020–2033 (USD Billion)
22. North America Industrial Nitrogen Market, By Transportation & Distribution, 2020–2033 (USD Billion)
23. North America Industrial Nitrogen Market, By End-use Industry, 2020–2033 (USD Billion)
24. U.S. Industrial Nitrogen Market, By Form, 2020–2033 (USD Billion)
25. U.S. Industrial Nitrogen Market, By Technology, 2020–2033 (USD Billion)
26. U.S. Industrial Nitrogen Market, By Transportation & Distribution, 2020–2033 (USD Billion)
27. U.S. Industrial Nitrogen Market, By End-use Industry, 2020–2033 (USD Billion)
28. Canada Industrial Nitrogen Market, By Form, 2020–2033 (USD Billion)
29. Canada Industrial Nitrogen Market, By Technology, 2020–2033 (USD Billion)
30. Canada Industrial Nitrogen Market, By Transportation & Distribution, 2020–2033 (USD Billion)
31. Canada Industrial Nitrogen Market, By End-use Industry, 2020–2033 (USD Billion)
32. Mexico Industrial Nitrogen Market, By Form, 2020–2033 (USD Billion)
33. Mexico Industrial Nitrogen Market, By Technology, 2020–2033 (USD Billion)
34. Mexico Industrial Nitrogen Market, By Transportation & Distribution, 2020–2033 (USD Billion)
35. Mexico Industrial Nitrogen Market, By End-use Industry, 2020–2033 (USD Billion)
36. Europe Industrial Nitrogen Market, By Form, 2020–2033 (USD Billion)
37. Europe Industrial Nitrogen Market, By Technology, 2020–2033 (USD Billion)
38. Europe Industrial Nitrogen Market, By Transportation & Distribution, 2020–2033 (USD Billion)
39. Europe Industrial Nitrogen Market, By End-use Industry, 2020–2033 (USD Billion)
40. Germany Industrial Nitrogen Market, By Form, 2020–2033 (USD Billion)
41. Germany Industrial Nitrogen Market, By Technology, 2020–2033 (USD Billion)
42. Germany Industrial Nitrogen Market, By Transportation & Distribution, 2020–2033 (USD Billion)
43. Germany Industrial Nitrogen Market, By End-use Industry, 2020–2033 (USD Billion)
44. France Industrial Nitrogen Market, By Form, 2020–2033 (USD Billion)
45. France Industrial Nitrogen Market, By Technology, 2020–2033 (USD Billion)
46. France Industrial Nitrogen Market, By Transportation & Distribution, 2020–2033 (USD Billion)
47. France Industrial Nitrogen Market, By End-use Industry, 2020–2033 (USD Billion)
48. U.K. Industrial Nitrogen Market, By Form, 2020–2033 (USD Billion)
49. U.K. Industrial Nitrogen Market, By Technology, 2020–2033 (USD Billion)
50. U.K. Industrial Nitrogen Market, By Transportation & Distribution, 2020–2033 (USD Billion)
51. U.K. Industrial Nitrogen Market, By End-use Industry, 2020–2033 (USD Billion)
52. Italy Industrial Nitrogen Market, By Form, 2020–2033 (USD Billion)
53. Italy Industrial Nitrogen Market, By Technology, 2020–2033 (USD Billion)
54. Italy Industrial Nitrogen Market, By Transportation & Distribution, 2020–2033 (USD Billion)
55. Italy Industrial Nitrogen Market, By End-use Industry, 2020–2033 (USD Billion)
56. Spain Industrial Nitrogen Market, By Form, 2020–2033 (USD Billion)
57. Spain Industrial Nitrogen Market, By Technology, 2020–2033 (USD Billion)
58. Spain Industrial Nitrogen Market, By Transportation & Distribution, 2020–2033 (USD Billion)
59. Spain Industrial Nitrogen Market, By End-use Industry, 2020–2033 (USD Billion)
60. Asia Pacific Industrial Nitrogen Market, By Form, 2020–2033 (USD Billion)
61. Asia Pacific Industrial Nitrogen Market, By Technology, 2020–2033 (USD Billion)
62. Asia Pacific Industrial Nitrogen Market, By Transportation & Distribution, 2020–2033 (USD Billion)
63. Asia Pacific Industrial Nitrogen Market, By End-use Industry, 2020–2033 (USD Billion)
64. Japan Industrial Nitrogen Market, By Form, 2020–2033 (USD Billion)
65. Japan Industrial Nitrogen Market, By Technology, 2020–2033 (USD Billion)
66. Japan Industrial Nitrogen Market, By Transportation & Distribution, 2020–2033 (USD Billion)
67. Japan Industrial Nitrogen Market, By End-use Industry, 2020–2033 (USD Billion)
68. China Industrial Nitrogen Market, By Form, 2020–2033 (USD Billion)
69. China Industrial Nitrogen Market, By Technology, 2020–2033 (USD Billion)
70. China Industrial Nitrogen Market, By Transportation & Distribution, 2020–2033 (USD Billion)
71. China Industrial Nitrogen Market, By End-use Industry, 2020–2033 (USD Billion)
72. India Industrial Nitrogen Market, By Form, 2020–2033 (USD Billion)
73. India Industrial Nitrogen Market, By Technology, 2020–2033 (USD Billion)
74. India Industrial Nitrogen Market, By Transportation & Distribution, 2020–2033 (USD Billion)
75. India Industrial Nitrogen Market, By End-use Industry, 2020–2033 (USD Billion)
76. South America Industrial Nitrogen Market, By Form, 2020–2033 (USD Billion)
77. South America Industrial Nitrogen Market, By Technology, 2020–2033 (USD Billion)
78. South America Industrial Nitrogen Market, By Transportation & Distribution, 2020–2033 (USD Billion)
79. South America Industrial Nitrogen Market, By End-use Industry, 2020–2033 (USD Billion)
80. Brazil Industrial Nitrogen Market, By Form, 2020–2033 (USD Billion)
81. Brazil Industrial Nitrogen Market, By Technology, 2020–2033 (USD Billion)
82. Brazil Industrial Nitrogen Market, By Transportation & Distribution, 2020–2033 (USD Billion)
83. Brazil Industrial Nitrogen Market, By End-use Industry, 2020–2033 (USD Billion)
84. Middle East and Africa Industrial Nitrogen Market, By Form, 2020–2033 (USD Billion)
85. Middle East and Africa Industrial Nitrogen Market, By Technology, 2020–2033 (USD Billion)
86. Middle East and Africa Industrial Nitrogen Market, By Transportation & Distribution, 2020–2033 (USD Billion)
87. Middle East and Africa Industrial Nitrogen Market, By End-use Industry, 2020–2033 (USD Billion)
88. UAE Industrial Nitrogen Market, By Form, 2020–2033 (USD Billion)
89. UAE Industrial Nitrogen Market, By Technology, 2020–2033 (USD Billion)
90. UAE Industrial Nitrogen Market, By Transportation & Distribution, 2020–2033 (USD Billion)
91. UAE Industrial Nitrogen Market, By End-use Industry, 2020–2033 (USD Billion)
92. South Africa Industrial Nitrogen Market, By Form, 2020–2033 (USD Billion)
93. South Africa Industrial Nitrogen Market, By Technology, 2020–2033 (USD Billion)
94. South Africa Industrial Nitrogen Market, By Transportation & Distribution, 2020–2033 (USD Billion)
95. South Africa Industrial Nitrogen Market, By End-use Industry, 2020–2033 (USD Billion)
List of Figures
1. Global Industrial Nitrogen Market Segmentation
2. Industrial Nitrogen Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Industrial Nitrogen Market Attractiveness Analysis By Form
9. Global Industrial Nitrogen Market Attractiveness Analysis By Technology
10. Global Industrial Nitrogen Market Attractiveness Analysis By Transportation & Distribution
11. Global Industrial Nitrogen Market Attractiveness Analysis By End-use Industry
12. Global Industrial Nitrogen Market Attractiveness Analysis By Region
13. Global Industrial Nitrogen Market: Dynamics
14. Global Industrial Nitrogen Market Share by Form (2023 & 2033)
15. Global Industrial Nitrogen Market Share by Technology (2023 & 2033)
16. Global Industrial Nitrogen Market Share by Transportation & Distribution (2023 & 2033)
17. Global Industrial Nitrogen Market Share by End-use Industry (2023 & 2033)
18. Global Industrial Nitrogen Market Share by Regions (2023 & 2033)
19. Global Industrial Nitrogen Market Share by Company (2023)
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. The Brainy Insights has segmented the global Industrial Nitrogen market on the basis of below mentioned segments:
Global Industrial Nitrogen Market by Form:
Global Industrial Nitrogen Market by Technology:
Global Industrial Nitrogen Market by Transportation & Distribution:
Global Industrial Nitrogen Market by End-use Industry:
Global Industrial Nitrogen Market by Region:
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