Nitrogen Gas: Global Markets

Report Highlights

The global market for nitrogen gas is estimated to increase from $17.4 billion in 2022 to reach $21.1 billion by 2027, at a compound annual growth rate (CAGR) of 4.0% during the forecast period of 2022 through 2027.

Report Includes

• 101 data tables and 22 additional tables
• An overview of the global market for nitrogen gas within the chemicals industry
• Analyses of the global market trends, with historic market revenue/sales data for 2020 and 2021, estimates for 2022, and projections of compound annual growth rates (CAGRs) through 2027
• Highlights of the upcoming market potential for nitrogen gas, and areas of focus to forecast this market into various segments and sub-segments
• Evaluation and forecast the market size for nitrogen gas consumption, projected growth trends, and corresponding market share analysis form, production technology, end-user industry, and region
• Technology assessment of the key drivers, restraints and opportunities that will shape the market for nitrogen gas over the forecast period (2021 to 2027)
• Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, Russia, China, India, Japan, Australia, South Korea, U.K., Germany, Spain, Italy, South Africa, Middle East, Gulf Cooperation Council (GCC), and Other Central and Eastern European (CEE) Countries
• Insight into the ongoing research activities, key technology issues, industry specific challenges, major types of end-user markets, and COVID-19 impact on the global nitrogen gas market
• Updated information on key developments in the global nitrogen gas market, 2019–2022
• Identification of the major stakeholders in the global nitrogen gas market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues
• Descriptive company profiles of the major global players, including Air Liquide, Air Products Inc., Air Water Inc., Linde plc, Messer Group GmbH and Nippon Sanso Holdings Corp.

Report Scope

The report analysis the global nitrogen gas market based on segmentation of form, end user and distribution channel. These segmentations are further analyzed at global, regional and country levels.

The base year considered for analyses is 2021, while the market estimates and forecasts are given from 2022 to 2027. The market estimates are only provided in terms of revenue in USD millions.
 
As the family of nitrogen gas is extremely vast in nature, we will only be considering nitrogen gas of purity 95% and above, in order to provide high accuracy and clarity. In addition to this, we have excluded all mixed gases and included only pure nitrogen gas. Revenue generated from sales of nitrogen generators is also excluded.

The scope of end-user industries includes:

• Food and beverages:
  • Alcoholic and non-alcoholic beverages.
  • Fresh and packaged food processing, storage and packaging.
• Chemicals and refining (include downstream-refining and petrochemicals):
  • Chemical blanketing.
  • Fire protection.
• Healthcare (includes the medical, treatment and pharmaceutical sectors).
• Oil and gas (include upstream and midstream):
  • Enhanced oil recovery.
  • Onshore.
  • Offshore.
• Electronics and semiconductor-electronic soldering.
• Metal production and fabrication:
  • Cutting.
  • Welding.
• Others:
  • Glass.
  • Construction.
  • Research and laboratories.
  • Transportation.
    • Automotive.
    • Aircraft.

Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.