The global Nitrogen market was valued at 1495.98 Million USD in 2021 and will grow with a CAGR of 3.65% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Liquid Nitrogen (commonly known as LN2) is inert, colorless, odorless, noncorrosive, nonflammable, and extremely cold. Nitrogen makes up the major portion of the atmosphere (78.03% by volume, 75.5% by weight).The liquid nitrogen products performance is positive with the global economic recovery. The technical barriers of liquid nitrogen are not high, resulting in numerous manufacturing enterprises. However, liquid nitrogen market is dominated by several giant companies across the globe, such as Linde, Air Liquide, Praxair, Air Products and Chemicals Inc. and their plants mainly distribute in Europe and North America. Europe is the largest consumer, more than 31% consumption share, followed by North America with about 28% consumption share in 2015.

By Market Verdors:

Linde

Air Liquide

Praxair

Air Products and Chemicals Inc

Taiyo Nippon Sanso

Messer Group

Yingde Gases

Hangzhou Hangyang

Sichuan Qiaoyuan Gas

By Types:

NI 5.0

NI 4.8

By Applications:

Food Freezing

Plastic and Rubber Deflashing

Medical and Healthcare

Metal Manufacturing

Chemicals and Petroleum Uses

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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