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Nitrogen Market - Global Industry Analysis

Nitrogen Market- By Product (Compressed Gas and Liquid Nitrogen), By End-Use Industry (Petrochemical, Oil & Gas, Metal Manufacturing & Fabrication, Electronics, Pharmaceuticals & Healthcare, Chemicals, and Food & Beverage), By Application (Commercial and Industrial), And By Region- Global Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2028

Published Date: 09-Nov-2021 Category: Chemical & Materials Report Format : PDF Pages: 150 Report Code: ZMR-6817 Status : Published

The global Nitrogen Market accrued earnings worth approximately 27.45 (USD Billion) in 2020 and is predicted to gain revenue of about 40.25(USD Billion) by 2028, is set to record a CAGR of nearly 4.7% over the period from 2021 to 2028.

Description

The global Nitrogen Market accrued earnings worth approximately 27.45 (USD Billion) in 2020 and is predicted to gain revenue of about 40.25(USD Billion) by 2028, is set to record a CAGR of nearly 4.7% over the period from 2021 to 2028. The report offers assessment and analysis of the Nitrogen Market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Billion).

Nitrogen Market: Overview

Nitrogen – a colorless & odorless gas- is a non-combustible & non-toxic in nature. Moreover, air comprises major percentage of nitrogen and utilized in food processing activities. In addition to this, nitrogen gas also finds myriad applications in air conditioning & refrigeration systems. It is also utilized in pressurizing tires of airplane. However, a large proportion of nitrogen available in biosphere is in N2 form and can be useful only when fixed abiotically in NH3 form. After fixing nitrogen into NH3, it is assimilated or converted into either organic N or nitrified into NO3. Furthermore, this nitrate can be transformed into N20 through process of nitrification & de-nitrification. Additionally, occurrence of nitrification takes place in aerobic habitats while de-nitrification is found in anaerobic habitats including water-logged soils & sediments.

Nitrogen Market: Growth Drivers

Thriving food & beverages sector is set to make major contributions towards nitrogen market size in years ahead. In addition to this, nitrogen is utilized in packaging of food products as well as other materials, thereby preventing oxidation or spoilage of food products as well as rusting of materials. This, in turn, will amplify scope of market growth in ensuing years. Apart from this, nitrogen helps in increasing shelf life of product and this factor is predicted to play a pivotal role in influencing growth of nitrogen market. Additionally, liquid nitrogen finds plethora of applications in agrochemicals, oil & gas, healthcare, electronics, chemicals, food processing, automotive, and metalworking sectors. With industrial gas units making use of cost-efficient pressure swing adsorption method for nitrogen gas production, the nitrogen industry is predicted to expand exponentially in ensuing years. Nonetheless, lack of safety measures during nitrogen handling in aerospace and steel manufacturing industries will put brakes on expansion of nitrogen industry.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Regional Landscape

Asia Pacific Nitrogen Market To Record Highest CAGR Over 2021-2028

Growth of nitrogen market in Asia Pacific zone over assessment period is subject to presence of key nitrogen manufacturers in the sub-continent. Additionally, large-scale use of nitrogen in food processing and metal production activities in emerging economies will elevate growth curve of nitrogen market in Asia Pacific. Moreover, need for improving crop yield has prompted use of nitrogen in farming. This, in turn, has triggered business scope in region. 

Competitive Landscape

Some of the major participants of nitrogen industry have a deep impact on its growth and we have profiled some of them in our market research report. They include Messer Group, Air Liquide, Emirates Industrial Gases Co. LLC, Linde Group, Gulf Cryo, Praxair Inc., Taiyo Nippon Sanso Corporation, Air Products and Chemicals, Southern Industrial Gas Berhad, and nexAir.

The global Nitrogen Market is segmented as follows:

By Product

  • Liquid Nitrogen
  • Compressed Gas

By End-Use Industry

  • Petrochemical
  • Food & Beverage
  • Oil & Gas
  • Metal Manufacturing & Fabrication
  • Electronics
  • Pharmaceuticals & Healthcare
  • Chemicals

By Application

  • Commercial
  • Industrial

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodulogy
      • 1.3.1. Market Research Type
      • 1.3.2. Market Research Methodulogy
  • Chapter 2. Executive Summary
    • 2.1. Nitrogen Market, 2018–2028(USD Billion)
    • 2.2. Nitrogen Market: Snapshot
  • Chapter 3. Global Nitrogen Market– Industry Analysis
    • 3.1. Nitrogen Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Flourishing food & beverages sector is predicted to make lucrative contributions towards nitrogen market proceeds in forecasting timeframe.
      • 3.2.2. Nitrogen is utilized in packaging of food products and other materials, thereby preventing spoilage of food items & rusting of materials. This, in turn, will augment market growth in upcoming years.
    • 3.3. Porter’s Five Forces Analysis
    • 3.4. Market Attractiveness Analysis
      • 3.4.1. Market attractiveness analysis By Product
      • 3.4.2. Market attractiveness analysis By End-Use Industry
      • 3.4.3. Market attractiveness analysis By Application
  • Chapter 4. Global Nitrogen Market– Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Nitrogen Market: company market share, 2019
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Product launches
      • 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Nitrogen Market– Product Analysis
    • 5.1. Global Nitrogen Market overview: By Product
      • 5.1.1. Global Nitrogen Market share, By Product, 2020 and 2028
    • 5.2. Liquid Nitrogen
      • 5.2.1. Global Nitrogen Marketby Liquid Nitrogen, 2018–2028(USD Billion)
    • 5.3. Compressed Gas
      • 5.3.1. Global Nitrogen Market by Compressed Gas, 2018–2028(USD Billion)
  • Chapter 6. Global Nitrogen Market– Application Analysis
    • 6.1. Global Nitrogen Market overview: By Application
      • 6.1.1. Global Nitrogen Market share, By Application, 2020 and 2028
    • 6.2. Commercial
      • 6.2.1. Global Nitrogen Marketby Commercial, 2018–2028(USD Billion)
    • 6.3. Industrial
      • 6.3.1. Global Nitrogen Market by Industrial, 2018–2028(USD Billion)
  • Chapter 7. Global Nitrogen Marketoverview: By End-Use Industry
    • 7.1. Global Nitrogen Marketshare, By End-Use Industry, 2020 and 2028
    • 7.2. Petrochemical
      • 7.2.1. Global Nitrogen Marketby Petrochemical , 2018–2028(USD Billion)
    • 7.3. Food & Beverage
      • 7.3.1. Global Nitrogen Marketby Food & Beverage, 2018–2028(USD Billion)
    • 7.4. Oil & Gas
      • 7.4.1. Global Nitrogen Marketby Oil & Gas, 2018–2028(USD Billion)
    • 7.5. Electronics
      • 7.5.1. Global Nitrogen Marketby Electronics, 2018–2028(USD Billion)
    • 7.6. Pharmaceuticals & Healthcare
      • 7.6.1. Global Nitrogen Marketby Pharmaceuticals & Healthcare, 2018–2028(USD Billion)
    • 7.7. Chemicals
      • 7.7.1. Global Nitrogen Marketby Chemicals, 2018–2028(USD Billion)
    • 7.8. Metal Manufacturing & Fabrication
      • 7.8.1. Global Nitrogen Marketby Metal Manufacturing & Fabrication, 2018–2028(USD Billion)
  • Chapter 8. Company Profiles
    • 8.1. Messer Group
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Product Portfulio
      • 8.1.4. Business Strategy
      • 8.1.5. Recent Developments
    • 8.2. Air Liquide
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Product Portfulio
      • 8.2.4. Business Strategy
      • 8.2.5. Recent Developments
    • 8.3. Emirates Industrial Gases Co. LLC
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Product Portfulio
      • 8.3.4. Business Strategy
      • 8.3.5. Recent Development
    • 8.4. Linde Group
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Product Portfulio
      • 8.4.4. Business Strategy
      • 8.4.5. Recent Development
    • 8.5. Gulf Cryo
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Product Portfulio
      • 8.5.4. Business Strategy
      • 8.5.5. Recent Development
    • 8.6. nexAir
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Product Portfulio
      • 8.6.4. Business Strategy
      • 8.6.5. Recent Development
    • 8.7. Southern Industrial Gas Berhad
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Product Portfulio
      • 8.7.4. Business Strategy
      • 8.7.5. Recent Development
    • 8.8. Air Products and Chemicals
      • 8.8.1. Overview
      • 8.8.2. Financials
      • 8.8.3. Product Portfulio
      • 8.8.4. Business Strategy
      • 8.8.5. Recent Development
    • 8.9. Taiyo Nippon Sanso Corporation
      • 8.9.1. Overview
      • 8.9.2. Financials
      • 8.9.3. Product Portfulio
      • 8.9.4. Business Strategy
      • 8.9.5. Recent Development
    • 8.10. Praxair Inc.
      • 8.10.1. Overview
      • 8.10.2. Financials
      • 8.10.3. Product Portfulio
      • 8.10.4. Business Strategy
      • 8.10.5. Recent Development

List of Figures

1. Market research Type
2. Market research methodology
3. Global Nitrogen Market, 2018–2028(USD Billion)
4. Porter’s Five Forces Analysis
5. Global Nitrogen Marketattractiveness, By Product
6. Global Nitrogen Marketattractiveness, By End-Use Industry
7. Global Nitrogen Marketattractiveness, By Application
8. Global Nitrogen Marketshare by Product ,2020 and 2028 (USD Billion)
9. Global Nitrogen Marketby Liquid Nitrogen, 2018–2028(USD Billion)
10. Global Nitrogen Marketby Compressed Gas, 2018–2028(USD Billion)
11. Global Nitrogen Marketshare by Application ,2020 and 2028 (USD Billion)
12. Global Nitrogen Marketby Commercial, 2018–2028(USD Billion)
13. Global Nitrogen Marketby Industrial, 2018–2028(USD Billion)
14. Global Nitrogen Marketshare by End-Use Industry,2020 and 2028 (USD Billion)
15. Global Nitrogen Marketby Petrochemical,  2018–2028(USD Billion)
16. Global Nitrogen Marketby Food & Beverage, 2018–2028(USD Billion)
17. Global Nitrogen Marketby Oil & Gas, 2018–2028(USD Billion)
18. Global Nitrogen Marketby Metal Manufacturing & Fabrication, 2018–2028(USD Billion)
19. Global Nitrogen Marketby Electronics, 2018–2028(USD Billion)
20. Global Nitrogen Marketby Chemicals, 2018–2028(USD Billion)
21. Global Nitrogen Marketby Metal Manufacturing & Fabrication, 2018–2028(USD Billion)
22. Global Nitrogen Marketshare, by Region, 2020 and 2028
23. North America Nitrogen Market, 2018–2028(USD Billion)
24. Europe Nitrogen Market, 2018–2028(USD Billion)
25. Asia Pacific Nitrogen Market, 2018–2028(USD Billion)
26. Latin America Nitrogen Market, 2018–2028(USD Billion)
27. The Middle East and Africa Nitrogen Market, 2018–2028(USD Billion)


List of Tables

1. Global Nitrogen Market: snapshot
2. Drivers of the Nitrogen Market: impact analysis
3. North America Nitrogen Marketrevenue, By Product  ,2018–2028(USD Billion)
4. North America Nitrogen Marketrevenue, By End-Use Industry,2018–2028(USD Billion)
5. North America Nitrogen Marketrevenue, By Application,2018–2028(USD Billion)
6. The U.S. Nitrogen Marketrevenue, By Product  ,2018–2028(USD Billion)
7. The U.S. Nitrogen Marketrevenue, By End-Use Industry,2018–2028(USD Billion)
8. The U.S. Nitrogen Marketrevenue, By Application,2018–2028(USD Billion)
9. Rest of North America Nitrogen Marketrevenue, By Product  ,2018–2028(USD Billion)
10. Rest of North America Nitrogen Marketrevenue, By End-Use Industry,2018–2028(USD Billion)
11. Rest of North America Nitrogen Marketrevenue, By Application,2018–2028(USD Billion)
12. Europe Nitrogen Marketrevenue, By Product  ,2018–2028(USD Billion)
13. Europe Nitrogen Marketrevenue, By End-Use Industry,2018–2028(USD Billion)
14. Europe Nitrogen Marketrevenue, By Application,2018–2028(USD Billion)
15. UK Nitrogen Marketrevenue, By Product  ,2018–2028(USD Billion)
16. UK Nitrogen Marketrevenue, By End-Use Industry,2018–2028(USD Billion)
17. UK Nitrogen Marketrevenue, By Application,2018–2028(USD Billion)
18. France Nitrogen Marketrevenue, By Product  ,2018–2028(USD Billion)
19. France Nitrogen Marketrevenue, By End-Use Industry,2018–2028(USD Billion)
20. France Nitrogen Marketrevenue, By Application,2018–2028(USD Billion)
21. Germany Nitrogen Marketrevenue, By Product  ,2018–2028(USD Billion)
22. Germany Nitrogen Marketrevenue, By End-Use Industry,2018–2028(USD Billion)
23. Germany Nitrogen Marketrevenue, By Application,2018–2028(USD Billion)
24. Rest of Europe Nitrogen Marketrevenue, By Product  ,2018–2028(USD Billion)
25. Rest of Europe Nitrogen Marketrevenue, By End-Use Industry,2018–2028(USD Billion)
26. Rest of Europe Nitrogen Marketrevenue, By Application,2018–2028(USD Billion)
27. Asia Pacific Nitrogen Marketrevenue, By Product  ,2018–2028(USD Billion)
28. Asia Pacific Nitrogen Marketrevenue, By End-Use Industry,2018–2028(USD Billion)
29. Asia Pacific Nitrogen Marketrevenue, By Application,2018–2028(USD Billion)
30. China Nitrogen Marketrevenue, By Product  ,2018–2028(USD Billion)
31. China Nitrogen Marketrevenue, By End-Use Industry,2018–2028(USD Billion)
32. China Nitrogen Marketrevenue, By Application,2018–2028(USD Billion)
33. Japan Nitrogen Marketrevenue, By Product  ,2018–2028(USD Billion)
34. Japan Nitrogen Marketrevenue, By End-Use Industry,2018–2028(USD Billion)
35. Japan Nitrogen Marketrevenue, By Application,2018–2028(USD Billion)
36. India Nitrogen Marketrevenue, By Product  ,2018–2028(USD Billion)
37. India Nitrogen Marketrevenue, By End-Use Industry,2018–2028(USD Billion)
38. India Nitrogen Marketrevenue, By Application,2018–2028(USD Billion)
39. Rest of Asia Pacific Nitrogen Marketrevenue, By Product  ,2018–2028(USD Billion)
40. Rest of Asia Pacific Nitrogen Marketrevenue, By End-Use Industry,2018–2028(USD Billion)
41. Rest of Asia Pacific Nitrogen Marketrevenue, By Application,2018–2028(USD Billion)
42. Latin America Nitrogen Marketrevenue, By Product  ,2018–2028(USD Billion)
43. Latin America Nitrogen Marketrevenue, By End-Use Industry,2018–2028(USD Billion)
44. Latin America Nitrogen Marketrevenue, By Application,2018–2028(USD Billion)
45. Brazil Nitrogen Marketrevenue, By Product  ,2018–2028(USD Billion)
46. Brazil Nitrogen Marketrevenue, By End-Use Industry,2018–2028(USD Billion)
47. Brazil Nitrogen Marketrevenue, By Application,2018–2028(USD Billion)
48. Rest of Latin America Nitrogen Marketrevenue, By Product  ,2018–2028(USD Billion)
49. Rest of Latin  America Nitrogen Marketrevenue, By End-Use Industry,2018–2028(USD Billion)
50. Rest of Latin America Nitrogen Marketrevenue, By Application,2018–2028(USD Billion)
51. The Middle East and Africa Nitrogen Marketrevenue, By Product  ,2018–2028(USD Billion)
52. The Middle East and Africa Nitrogen Marketrevenue, By End-Use Industry,2018–2028(USD Billion)
53. The Middle East and Africa Nitrogen Marketrevenue, By Application,2018–2028(USD Billion)
54. Saudi Arabia Nitrogen Marketrevenue, By Product  ,2018–2028(USD Billion)
55. Saudi Arabia Nitrogen Marketrevenue, By End-Use Industry,2018–2028(USD Billion)
56. Saudi Arabia Nitrogen Marketrevenue, By Application,2018–2028(USD Billion)
57. South Africa Nitrogen Marketrevenue, By Product  ,2018–2028(USD Billion)
58. South Africa Nitrogen Marketrevenue, By End-Use Industry,2018–2028(USD Billion)
59. South Africa Nitrogen Marketrevenue, By Application,2018–2028(USD Billion)
60. Rest of the Middle East & Africa Nitrogen Marketrevenue, By Product  ,2018–2028(USD Billion)
61. Rest of the Middle East & Africa Nitrogen Marketrevenue, By End-Use Industry,2018–2028(USD Billion)
62. Rest of the Middle East & Africa Nitrogen Marketrevenue, By Application,2018–2028(USD Billion)


 
 
   
 

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FrequentlyAsked Questions

Thriving food & beverages sector is set to make major contributions towards nitrogen market size in years ahead. In addition to this, nitrogen is utilized in packaging of food products as well as other materials, thereby preventing oxidation or spoilage of food products as well as rusting of materials. This, in turn, will amplify scope of market growth in ensuing years. Apart from this, nitrogen helps in increasing shelf life of product and this factor is predicted to play a pivotal role in influencing growth of nitrogen market. Additionally, liquid nitrogen finds plethora of applications in agrochemicals, oil & gas, healthcare, electronics, chemicals, food processing, automotive, and metalworking sectors. With industrial gas units making use of cost-efficient pressure swing adsorption method for nitrogen gas production, the nitrogen industry is predicted to expand exponentially in ensuing years.    

According to Zion market research report, the global Nitrogen Market accrued earnings worth approximately 27.45 (USD Billion) in 2020 and is predicted to gain revenue of about 40.25(USD Billion) by 2028, is set to record a CAGR of nearly 4.7% over the period from 2021 to 2028.

Asia Pacific will contribute lucratively towards the regional market size over the projected timeline. The regional market surge is subject to presence of key nitrogen manufacturers in the sub-continent. Additionally, large-scale use of nitrogen in food processing and metal production activities in emerging economies will elevate growth curve of nitrogen market in Asia Pacific. Additionally, need for improving crop yield has prompted use of nitrogen in farming. This, in turn, has triggered business scope in region. 

The key market participants include Messer Group, Air Liquide, Emirates Industrial Gases Co. LLC, Linde Group, Gulf Cryo, Praxair Inc., Taiyo Nippon Sanso Corporation, Air Products and Chemicals, Southern Industrial Gas Berhad, and nexAir.

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