Industrial Nitrogen Market Development History, Regional Overview, Share Estimation, Revenue, and Forecast 2030

 Market Overview

Industrial nitrogen is obtained in compressed gas or liquid form through the fractional distillation or mechanical separation of air. The product is widely used as a high-pressure gas in the steel industry for laser cutting of steel and other metals. The use of this gas provides a high-quality edge and prevents the corrosion of steel. In addition, it is used in brazing and welding. Moreover, industrial nitrogen finds application in the food & beverage, healthcare, and agrochemicals industries, among others.


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Market Segmentation

The global industrial nitrogen market has been classified on the basis of process, type, end-use industry, and region.  

Based on process, the global industrial nitrogen market has been segregated into fractional distillation, membrane separation, and pressure swing adsorption (PSA).


Regional Analysis

The global industrial nitrogen market has been studied with respect to five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. Asia-Pacific accounted for the largest share of global industrial nitrogen market in 2017. Rapid industrialization and expanding population are the leading factors driving market growth in this region. In addition, the increasing demand for industrial nitrogen in the food & beverage industry and healthcare sector is likely to propel product demand. The key markets in this region are China, India, Japan, and South Korea.


Competitive Analysis

The leading players in the global industrial nitrogen market are the Linde Group (Germany), Air Products and Chemicals, Inc. (US), Praxair Technology, Inc (US), Ellenbarrie Industrial Gases (India), Universal Industrial Gases, Inc. (US), CanAir Nitrogen Inc. (Canada), Messer Group GmbH (Germany), Parker Hannifin Corp. (US), Chengdu Taiyu Industrial Gases Co. (China), nexAir LLC (US), and EPC Engineering & Technologies GmbH (Germany).


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