Market research future published a raw research report
on Global Liquid Nitrogen Market that contains the information from 2016 to
2022. Liquid Nitrogen market
is expected to grow with the CAGR of approximately 6% from 2016 to 2022.
One of the factors which drive the growth of liquid nitrogen is growing
demand from healthcare sector. This is due to the growth in the pharmaceutical
industry and the extensive use of liquid nitrogen as a cool reactors. Other
factors which drives the growth of this segment are growing demand of
electronic products, metal fabrication, automotive, and lighting. There is also
rapid increase in the demand due to rapid urbanization, growing
industrialization, increase in infrastructure and medical activities. In
developing and under-developed region due to growing chemical industry, there
is an opportunity for liquid nitrogen to grow rapidly.
The report has been analyzed based on function, production technology, end-use and
region. On the basis of function, coolant is expected to witness the highest
market share between 2016 to 2022. This is because coolant is widely used in
different end-use industry. Based on production technology, cryogenic
distillation witnesses the highest market share because it is useful for high
purity oxygen, nitrogen and argon for various industries. On the basis of
end-use, chemical & pharmaceutical sector is expected to grow at a fastest
rate market and dominate the market because of the growth in the pharmaceutical
industry.
North
America is dominating the Liquid Nitrogen Market.
North America is expected to
witness the highest CAGR during the forecast period because there is a huge
demand of liquid nitrogen in this region. Asia-Pacific is expected to grow at a
fastest rate during the forecast period due to growing developmental activities
and rapid expansion of the economy in Asia-Pacific region. Due to increase in
income in this region, the demand for the product is increasing. Also, the
growth of liquid nitrogen will indirectly increase due to increased demand of
products like food, aerated beverages and electronics.
Ask for your specific
company profile and country level customization on reports.
Ø
Linde Ag
Ø
Praxair
Inc.
Ø
Air
Liquide S.A.
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Nexair LLC
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Taiyo
Nippon Sanso Corporation
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Messer Group
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Air
Products and Chemicals Inc.
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Gulf Cryo
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Emirates
Industrial Gases Co. LLC.
Ø
Southern
Industrial Gas Berhad
This research report has provides the insights, on various
levels of analyses such industry analysis, market share analysis leading market
players and their profiles. This report also helps in studying the target
segments by providing views on emerging & high-growth segments and market
conclusion. Together the market data comprise and discuss with the basic
assessments on the competitive scenarios & strategies, of the global liquid
nitrogen market, including the high-growth regions, countries and their
political, economic and technological environments. Furthermore the project
report also provides the views over the historical market values as well as,
pricing and cost analysis of the same.
To Browse full report with TOC Visit@https://www.marketresearchfuture.com/reports/liquid-nitrogen-market-2133
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