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PUBLISHER: Grand View Research | PRODUCT CODE: 1363453

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PUBLISHER: Grand View Research | PRODUCT CODE: 1363453

Nitrogen Gas Market Size, Share & Trends Analysis Report By Form (Compressed Gas, Liquid Nitrogen Gas), By Application (Food & Beverages, Chemicals, Pharmaceuticals, Electronics), By Region, And Segment Forecasts, 2023 - 2030

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Description

Table of Contents

List of Tables

Nitrogen Gas Market Growth & Trends:

The global nitrogen gas market size is expected to reach USD 69.7 billion by 2030, expanding at a CAGR of 7.1% from 2023 to 2030, according to a new study by Grand View Research, Inc.. Nitrogen gas has high demand in the manufacturing sector for applications such as laser cutting, metal fabrication, and food packaging. It provides an inert atmosphere that prevents oxidation and maintains the quality of the manufactured products.

The manufacturing industry relies heavily on the market for a diverse range of applications. One of its primary uses is laser cutting, a popular method for precision cutting of metals and other materials. It is commonly used as an assist in laser cutting processes. It helps to cool the cut and remove debris, resulting in cleaner and more precise cuts. Additionally, nitrogen gas provides an inert atmosphere that prevents oxidation during the cutting process, reducing the risk of discoloration or corrosion on the cut surfaces.

Another significant application of the market in manufacturing is in metal fabrication. Nitrogen gas is utilized as a purge gas for welding processes such as TIG (Tungsten Inert Gas) and MIG (Metal Inert Gas) welding. By displacing oxygen in the vicinity of the weld, it helps prevent the formation of oxide scale, which could negatively impact the quality and strength of the weld joint. This ensures that the fabricated metal products retain their structural integrity and meet the required specifications. Thus, the market plays a vital role in the manufacturing industry, enabling precise laser cutting, maintaining the quality of metal fabricated products, and offering excellent preservation capabilities in food packaging.

Nitrogen Gas Market Report Highlights:

  • The Asia Pacific region witnesses the fastest growth rate with a CAGR of 7.5% as Asia-Pacific holds a dominant position in the market due to its rapid industrialization, advancements in the healthcare sector, and the presence of thriving pharmaceutical industries
  • The food & beverage application segment witnessed the fastest growth rate with a CAGR of 7.3% as it is commonly used for Modified Atmosphere Packaging (MAP). It helps extend the shelf life of packaged food products by creating a protective atmosphere that reduces the presence of oxygen
  • Some leading market players of the product in the Asia-Pacific region include Southern Industrial Gas Sdn Bhd, Linde PLC, MVS Engineering Pvt. Ltd, and TAIYO NIPPON SANSO CORPORATION
  • In 2021. Atlas Copco has completed the acquisition of the operational activities of Purification Solutions LLC and certain associated entities. Purification Solutions LLC is a prominent provider of compressed air and gas solutions, boasting an extensive worldwide sales network
  • In 2021, Linde plc has announced to expand its air separation unit (ASU) in Russia to cater to the surging demand for nitrogen gas in the region. The expansion project is designed to effectively increase the company's overall production capacity while simultaneously bolstering its position in the global market
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Product Code: GVR-4-68040-116-6

Table of Contents

Chapter 1 Methodology and Scope

  • 1.1 Market Segmentation & Scope
  • 1.2 Market Definition
  • 1.3 Information Procurement
    • 1.3.1 Purchased Database
    • 1.3.2 GVR's Internal Database
  • 1.4 Information analysis
  • 1.5 Market formulation & data visualization
  • 1.6 Data validation & publishing
    • 1.6.1 Research scope and assumptions
    • 1.6.2 List to Data Sources

Chapter 2 Executive Summary

  • 2.1 Market Snapshot
  • 2.2 Segmental Snapshot
  • 2.3 Competitive Landscape Snapshot

Chapter 3 Nitrogen Gas: Market Variables, Trends & Scope

  • 3.1 Market Lineage Outlook
    • 3.1.1 Global Market Outlook
  • 3.2 Industry Value Chain Analysis
  • 3.3 Price Trend Analysis, 2018 - 2030
  • 3.4 Regulatory Framework
  • 3.5 Market Dynamics
    • 3.5.1 Market Driver Analysis
    • 3.5.2 Market Restraint Analysis
    • 3.5.3 Industry Challenges Analysis
    • 3.5.4 Industry opportunities analysis
  • 3.6 Industry Analysis - Porter's Analysis
  • 3.7 Macroeconomic Analysis - PESTLE

Chapter 4 Nitrogen Gas Market: Form Estimates & Trend Analysis

  • 4.1 Form Movement Analysis & Market Share, 2022 & 2030
  • 4.2 Nitrogen gas Market Estimates & Forecast, by Form (Kilotons) (USD Million)
    • 4.2.1 Compressed Gas
      • 4.2.1.1 Compressed Gas Nitrogen gas Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
    • 4.2.2 Liquid Nitrogen gas
      • 4.2.2.1 Liquid Nitrogen gas Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)

Chapter 5 Nitrogen Gas Market: Application Estimates & Trend Analysis

  • 5.1 Application Movement Analysis & Market Share, 2022 & 2030
  • 5.2 Nitrogen gas Market Estimates & Forecast, by Application (Kilotons) (USD Million)
    • 5.2.1 Food & Beverages
      • 5.2.1.1 Nitrogen gas Market Estimates and Forecasts, in Food & Beverages, 2018 - 2030 (Kilotons) (USD Million)
    • 5.2.2 Chemicals
      • 5.2.2.1 Nitrogen gas Market Estimates and Forecasts, in Chemicals 2018 - 2030 (Kilotons) (USD Million)
    • 5.2.3 Pharmaceutical
      • 5.2.3.1 Nitrogen gas Market Estimates and Forecasts, in Chemicals 2018 - 2030 (Kilotons) (USD Million)
    • 5.2.4 Electronics
      • 5.2.4.1 Nitrogen gas Market Estimates and Forecasts, in Electronics 2018 - 2030 (Kilotons) (USD Million)
    • 5.2.5 Other Applications
      • 5.2.5.1 Nitrogen gas Market Estimates and Forecasts, in Other Applications 2018 - 2030 (Kilotons) (USD Million)

Chapter 6 Nitrogen gas Market: Regional Estimates & Trend Analysis

  • 6.1 Nitrogen gas Market: Regional Outlook
  • 6.2 North America
    • 6.2.1 North America Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
    • 6.2.2 U.S.
      • 6.2.2.1 Key country dynamics
      • 6 2.2.2 U.S. Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
    • 6.2.3 Canada
      • 6.2.3.1 Key country dynamics
      • 6.2.3.2 Canada Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
    • 6.2.4 Mexico
      • 6.2.4.1 Key country dynamics
      • 6.2.4.2 Mexico Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • 6.3 Europe
  • 6.3 1 Europe Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
    • 6.3.2 Germany
      • 6.3.2.1 Key country dynamics
      • 6.3.2.2 Germany Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
    • 6.3.3 Italy
      • 6.3.3.1 Key country dynamics
      • 6.3.3.2 Italy Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
    • 6.3.4 Spain
      • 6 3.4.1 Key country dynamics
      • 6.3.4.2 Spain Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
    • 6.3.5 UK
      • 6.3.5.1 Key country dynamics
    • 6.3.5 2 UK Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
    • 6.3.6 France
      • 6.3.6.1 Key country dynamics
    • 6.3.6 2 France Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
    • 6.3.7 Netherland
      • 6.3.7.1 Key country dynamics
    • 6.3.7 2 Netherland Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
    • 6.3.8 Russia
      • 6.3.8.1 Key country dynamics
    • 6.3.8 2 Russia Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
    • 6.3.9 Switzerland
      • 6.3.9.1 Key country dynamics
  • 6.3 9 2 Switzerland Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • 6.4 Asia Pacific
    • 6.4.1 Asia Pacific Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
    • 6.4.2 China
      • 6.4.2.1 Key country dynamics
      • 6.4.2.2 China Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
    • 6.4.3 India
      • 6.4.3.1 Key country dynamics
      • 6.4.3.2 India Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
    • 6.4.4 Japan
      • 6.4.4.1 Key country dynamics
      • 6.4.4.2 Japan Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
    • 6.4.5 Malaysia
      • 6.4.5.1 Key country dynamics
      • 6.4.5.2 Malaysia Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
    • 6.4.6 Indoneisa
      • 6.4.6.1 Key country dynamics
      • 6.4.6.2 Indoneisa Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
    • 6.4.7 Vietnam
      • 6.4.7.1 Key country dynamics
      • 6.4.7.2 Vietnam Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
    • 6.4.8 Australia
      • 6.4.8.1 Key country dynamics
      • 6.4.8.2 Australia Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
    • 6.4.9 New Zealand
      • 6.4.9.1 Key country dynamics
      • 6.4.9.2 New Zealand Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • 6.5 Middle East & Africa
    • 6.5.1 Middle East & Africa Nitrogen gas Market Estimates & Forecasts, 2018 - 2030,(Kilotons) (USD Million)
    • 6.5.2 Saudi Arabia
      • 6.5.2.1 Key country dynamics
      • 6.5.2.2 Saudi Arabia Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
    • 6.5.3 South Africa
      • 6.5.3.1 Key country dynamics
      • 6.5.3.2 South Africa Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
    • 6.5.4 Iran
      • 6.5.4.1 Key country dynamics
      • 6.5.4.2 Iran Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
    • 6.5.6 Oman
      • 6.5.6.1 Key country dynamics
      • 6.5.6.2 Oman Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
    • 6.5.7 Qatar
      • 6.5.7.1 Key country dynamics
      • 6.5.7.2 Qatar Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
    • 6.5.8 Kuwait
      • 6.5.8.1 Key country dynamics
      • 6.5.8.2 Kuwait Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
    • 6.5.9 Anghola
      • 6.5.9.1 Key country dynamics
    • 6.5.9 2 Angola Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
    • 6.5.10 Nigeria
      • 6.5.10.1 Key country dynamics
      • 6.5.10.2 Nigeria Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
    • 6.5.11 UAE
      • 6.5.11.1 Key country dynamics
      • 6.5.11.2 UAE Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • 6.6 Central & South America
    • 6.6.1 Central & South America Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
    • 6.6.2 Brazil
      • 6.6.2.1 Key country dynamics
      • 6.6.2.2 Brazil Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
    • 6.6.3 Argentina
      • 6.6.3.1 Key country dynamics
      • 6.6.3.2 Argentina Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
    • 6.6.4 Colombia
      • 6.6.4.1 Key country dynamics
      • 6.6.4.2 Colombia Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
    • 6.6.5 Chile
      • 6.6.5.1 Key country dynamics
      • 6.6.5.2 Chile Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)

Chapter 7 Competitive Landscape

  • 7.1 Company Categorization
  • 7.2 Company Market Positioning
  • 7.3 Company Heat Map Analysis
  • 7.4 Strategy Mapping
  • 7.5 Company Listing (Company Overview, Product Benchmarking, Financial Performance)
    • 7.5.1 Air Products and Chemicals, Inc.
    • 7.5.2 Gulf Cyro
    • 7.5.3 Universal Industrial Gases, Inc.
    • 7.5.4 NEXAIR
    • 7.5.5 Southern Industrial Gas
    • 7.5.6 Praxair
    • 7.5.7 Taiyo Nippon Sanso
    • 7.5.8 Axcel Gases
    • 7.5.9 Linde Plc
    • 7.5.10 Omega Air
    • 7.5.11 Ellenbarrie Industrial Gases Ltd
    • 7.5.12 Messer Group
    • 7.5.13 Parker Hannifin Corp.
    • 7.5.14 Dubai Industrial Gases
    • 7.5.15 Yingde Gases Group
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Product Code: GVR-4-68040-116-6

List of Tables

  • Table 1 U.S. macro-economic outlay
  • Table 2 Canada macro-economic outlay
  • Table 3 Mexico macro-economic outlay
  • Table 4 Germany macro-economic outlay
  • Table 5 UK macro-economic outlay
  • Table 6 France macro-economic outlay
  • Table 7 Italy macro-economic outlay
  • Table 8 Netherland macro-economic outlay
  • Table 9 Spain macro-economic outlay
  • Table 10 Switzerland macro-economic outlay
  • Table 11 Russia macro-economic outlay
  • Table 12 China macro-economic outlay
  • Table 13 India macro-economic outlay
  • Table 14 Japan macro-economic outlay
  • Table 15 Malaysia macro-economic outlay
  • Table 16 Indoneisa macro-economic outlay
  • Table 17 Vietnam macro-economic outlay
  • Table 18 Australia macro-economic outlay
  • Table 19 New Zealand macro-economic outlay
  • Table 20 Brazil macro-economic outlay
  • Table 21 Argentina macro-economic outlay
  • Table 22 Columbia macro-economic outlay
  • Table 23 Chile macro-economic outlay
  • Table 24 Saudi Arabia macro-economic outlay
  • Table 25 South Africa macro-economic outlay
  • Table 26 Iran macro-economic outlay
  • Table 27 Oman macro-economic outlay
  • Table 28 UAE macro-economic outlay
  • Table 29 Qatar macro-economic outlay
  • Table 30 Kuwait macro-economic outlay
  • Table 31 Nigeria macro-economic outlay
  • Table 32 Angola macro-economic outlay
  • Table 33 Participant's Overview
  • Table 34 Financial Performance
  • Table 35 Product Benchmarking
  • Table 36 Recent Developments & Impact Analysis, By Key Market Participants
  • Table 37 Company Heat Map Analysis
  • Table 38 Key companies undergoing expansions
  • Table 39 Key companies involved in mergers & acquisitions
  • Table 40 Key companies undergoing partnerships
  • Table 41 Key companies launching new products

List of Figures

  • Fig. 1 Nitrogen gas Market Segmentation & Scope
  • Fig. 2 Data analysis models
  • Fig. 3 Market formulation and validation
  • Fig. 4 Data validating & publishing
  • Fig. 5 Nitrogen gas Market Snapshot
  • Fig. 6 Nitrogen gas Market Segment Snapshot
  • Fig. 7 Nitrogen gas Market Competitive Landscape Snapshot
  • Fig. 8 Nitrogen gas Market: Value Chain Analysis
  • Fig. 9 Nitrogen gas: Market Dynamics
  • Fig. 10 Nitrogen gas Market: PORTER Analysis
  • Fig. 11 Nitrogen gas Market: PESTLE Analysis
  • Fig. 12 Nitrogen gas Market Estimates & Forecasts, by Form: Key Takeaways
  • Fig. 13 Nitrogen gas Market Share, By Form, 2022 & 2030
  • Fig. 14 Compressed Gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 15 Liquid Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 16 Nitrogen gas Market Estimates & Forecasts, by Application: Key Takeaways
  • Fig. 17 Nitrogen gas Market Share, By Application, 2022 & 2030
  • Fig. 18 Nitrogen gas Market Estimates & Forecasts, in Food & Beverages 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 19 Nitrogen gas Market Estimates & Forecasts, in Chemicals 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 20 Nitrogen gas Market Estimates & Forecasts, in Pharmaceuticals 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 21 Nitrogen gas Market Estimates & Forecasts, in Electronics 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 22 Nitrogen gas Market Estimates & Forecasts, in Other Applications 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 23 Nitrogen gas Market Revenue, by Region, 2022 & 2030, (USD Million)
  • Fig. 24 North America Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 25 U.S. Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 26 Canada Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 27 Mexico Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 28 Europe Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 29 Germany Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 30 UK Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 31 France Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 32 Italy Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 33 Netherland Nitrogen gas Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 34 Belgium Nitrogen gas Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 35 Russia Nitrogen gas Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 36 Asia Pacific Nitrogen gas Market Estimates & Forecasts, 2018-2030, (Kilotons) (USD Million)
  • Fig. 37 China Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 38 India Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 39 Japan Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 40 Malaysia Nitrogen gas Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 41 Indonesia Nitrogen gas Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 42 Vietnam Nitrogen gas Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 43 Australia Nitrogen gas Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 44 New Zealand Nitrogen gas Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 45 Central & South America Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 46 Brazil Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 47 Argentina Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 48 Columbia Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 49 Peru Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 50 Middle East & Africa Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 51 Saudi Arabia Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 52 Iran Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 53 Oman Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 54 UAE Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 55 Qatar Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 56 Kuwait Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 57 Nigeria Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 58 Angola Nitrogen gas Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 59 Key Company Categorization
  • Fig. 60 Company Market Positioning
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