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The Global Liquid Nitrogen market is expected to reach $26,265.81 million by 2027 growing at a CAGR of 7.2% from 2020 to 2027. Nitrogen in a liquid state at low temperature is known as liquid nitrogen. The production process involves cryogenic distillation of liquefied air from liquefaction of pure nitrogen derived from the air with the help of pressure swing adsorption. Factors such as increasing demand from the chemical industry and the growing pharmaceutical industry are driving the growth of the market. However, structural and regulatory restrictions are restraining the growth of the market. Based on the manufacturing process, the cryogenic distillation segment is going to have a lucrative growth during the forecast period as it is widely used to produce liquefied industrial gases due to its low investment cost and less utility consumption. The key vendors mentioned are Air Products and Chemicals, Inc., The Linde Group, Buzwair Industrial Gases Factories, Statebourne Cryogenics Ltd, Messer Group, Praxair Inc. , Nexair LLC., MVS Engineering Pvt. Ltd, Gulf Cryo, Emirates Industrial Gases Co. LLC., Cryomech Inc., Southern Industrial Gas Berhad, Bombay Oxygen Investments Ltd , Taiyo Nippon Sanso Corporation and Air Liquide S.A. Manufacturing Processes Covered: • Pressure Swing Adsorption • Cryogenic Distillation Storage Types Covered: • Tonnage Distribution • Merchant Liquid Distribution • Cylinder & Packaged Distribution Functions Covered: • Refrigerant • Fuel • Coolant End Users Covered: • Transportation & Automotive • Rubber & Plastic • Oil & Gas • Metal Manufacturing & Construction • Healthcare • Foundry • Electronics and Energy • Chemicals & Pharmaceuticals • Food & Beverage Regions Covered: • North America • Europe • Asia Pacific • South America • Middle East & Africa Key Questions Answered in this Report: • How this market evolved since the year 2019 • Market size estimations, forecasts and CAGR for all the segments presented in the scope • Key Market Developments and financials of the key players • Opportunity Analysis for the new entrants • SWOT Analysis of the key players • Fastest growing markets analyzed during the forecast period
1 Market Synopsis
2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources
3 Market Dynamics
3.1 Drivers
3.2 Restraints
4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Liquid Nitrogen Market, By Manufacturing Process
5.1 Introduction
5.2 Pressure Swing Adsorption
5.3 Cryogenic Distillation
6 Global Liquid Nitrogen Market, By Storage Type
6.1 Introduction
6.2 Tonnage Distribution
6.3 Merchant Liquid Distribution
6.4 Cylinder & Packaged Distribution
7 Global Liquid Nitrogen Market, By Function
7.1 Introduction
7.2 Refrigerant
7.3 Fuel
7.4 Coolant
8 Global Liquid Nitrogen Market, By End User
8.1 Introduction
8.2 Transportation & Automotive
8.3 Rubber & Plastic
8.4 Oil & Gas
8.5 Metal Manufacturing & Construction
8.6 Healthcare
8.7 Foundry
8.8 Electronics and Energy
8.9 Chemicals & Pharmaceuticals
8.10 Food & Beverage
9 Global Liquid Nitrogen Market, By Geography
9.1 Introduction
9.2 North America
9.3 Europe
9.4 Asia Pacific
9.5 South America
9.6 Middle East & Africa
10 Strategic Benchmarking
11 Vendors Landscape
11.1 Air Products and Chemicals, Inc.
11.2 The Linde Group
11.3 Buzwair Industrial Gases Factories
11.4 Statebourne Cryogenics Ltd
11.5 Messer Group
11.6 Praxair Inc.
11.7 Nexair LLC.
11.8 MVS Engineering Pvt. Ltd
11.9 Gulf Cryo
11.10 Emirates Industrial Gases Co. LLC.
11.11 Cryomech Inc.
11.12 Southern Industrial Gas Berhad
11.13 Bombay Oxygen Investments Ltd
11.14 Taiyo Nippon Sanso Corporation
11.15 Air Liquide S.A.
List of Data Tables
1 Global Liquid Nitrogen Market Outlook, By Region (2018-2026) ($MN)
2 Global Liquid Nitrogen Market Outlook, By Manufacturing Process (2018-2026) ($MN)
3 Global Liquid Nitrogen Market Outlook, By Pressure Swing Adsorption (2018-2026) ($MN)
4 Global Liquid Nitrogen Market Outlook, By Cryogenic Distillation (2018-2026) ($MN)
5 Global Liquid Nitrogen Market Outlook, By Storage Type (2018-2026) ($MN)
6 Global Liquid Nitrogen Market Outlook, By Tonnage Distribution (2018-2026) ($MN)
7 Global Liquid Nitrogen Market Outlook, By Merchant Liquid Distribution (2018-2026) ($MN)
8 Global Liquid Nitrogen Market Outlook, By Cylinder & Packaged Distribution (2018-2026) ($MN)
9 Global Liquid Nitrogen Market Outlook, By Function (2018-2026) ($MN)
10 Global Liquid Nitrogen Market Outlook, By Refrigerant (2018-2026) ($MN)
11 Global Liquid Nitrogen Market Outlook, By Fuel (2018-2026) ($MN)
12 Global Liquid Nitrogen Market Outlook, By Coolant (2018-2026) ($MN)
13 Global Liquid Nitrogen Market Outlook, By End User (2018-2026) ($MN)
14 Global Liquid Nitrogen Market Outlook, By Transportation & Automotive (2018-2026) ($MN)
15 Global Liquid Nitrogen Market Outlook, By Rubber & Plastic (2018-2026) ($MN)
16 Global Liquid Nitrogen Market Outlook, By Oil & Gas (2018-2026) ($MN)
17 Global Liquid Nitrogen Market Outlook, By Metal Manufacturing & Construction (2018-2026) ($MN)
18 Global Liquid Nitrogen Market Outlook, By Healthcare (2018-2026) ($MN)
19 Global Liquid Nitrogen Market Outlook, By Foundry (2018-2026) ($MN)
20 Global Liquid Nitrogen Market Outlook, By Electronics and Energy (2018-2026) ($MN)
21 Global Liquid Nitrogen Market Outlook, By Chemicals & Pharmaceuticals (2018-2026) ($MN)
22 Global Liquid Nitrogen Market Outlook, By Food & Beverage (2018-2026) ($MN)
23 North America Liquid Nitrogen Market Outlook, By Manufacturing Process (2018-2026) ($MN)
24 North America Liquid Nitrogen Market Outlook, By Storage Type (2018-2026) ($MN)
25 North America Liquid Nitrogen Market Outlook, By Function (2018-2026) ($MN)
26 North America Liquid Nitrogen Market Outlook, By End User (2018-2026) ($MN)
27 Europe Liquid Nitrogen Market Outlook, By Manufacturing Process (2018-2026) ($MN)
28 Europe Liquid Nitrogen Market Outlook, By Storage Type (2018-2026) ($MN)
29 Europe Liquid Nitrogen Market Outlook, By Function (2018-2026) ($MN)
30 Europe Liquid Nitrogen Market Outlook, By End User (2018-2026) ($MN)
31 Asia Pacific Liquid Nitrogen Market Outlook, By Manufacturing Process (2018-2026) ($MN)
32 Asia Pacific Liquid Nitrogen Market Outlook, By Storage Type (2018-2026) ($MN)
33 Asia Pacific Liquid Nitrogen Market Outlook, By Function (2018-2026) ($MN)
34 Asia Pacific Liquid Nitrogen Market Outlook, By End User (2018-2026) ($MN)
35 South America Liquid Nitrogen Market Outlook, By Manufacturing Process (2018-2026) ($MN)
36 South America Liquid Nitrogen Market Outlook, By Storage Type (2018-2026) ($MN)
37 South America Liquid Nitrogen Market Outlook, By Function (2018-2026) ($MN)
38 South America Liquid Nitrogen Market Outlook, By End User (2018-2026) ($MN)
39 Middle East & Africa Liquid Nitrogen Market Outlook, By Manufacturing Process (2018-2026) ($MN)
40 Middle East & Africa Liquid Nitrogen Market Outlook, By Storage Type (2018-2026) ($MN)
41 Middle East & Africa Liquid Nitrogen Market Outlook, By Function (2018-2026) ($MN)
42 Middle East & Africa Liquid Nitrogen Market Outlook, By End User (2018-2026) ($MN)