Liquid Nitrogen Market Analysis By Technology Pressure Swing, Cryogenic Distillation and Adsorption , Storage and Distribution Cylinders and packaged gas , Merchant liquid/ Bulk , Tonnage and Others By Function Coolant and Refrigerant and End-use Chemicals and pharmaceuticals, Metal manufacturing and construction, Healthcare, Food and beverages, Rubber and plastic and others – Global Industry Analysis and Forecast to 2025
Industry Outlook and Trend Analysis
Our atmosphere is made up of nitrogen by almost 78 percent weight and 75.5 percent of volume. Liquid nitrogen is mostly expressed as LN2, LN and LIN and possesses qualities like being non- flammable, without any color and also is non- corrosive. Liquid Nitrogen is used to cause rapid freezing as it a cryogenic fluid. LN is produced at an air separation plant and it is obtained from the cryogenic fluid while it can also be produced with the help of pressure swing adsorption. The Liquid form of Nitrogen has proved itself to be very useful and thus have a steadily growing market.
Drivers and Restraints
The Liquid Nitrogen Market has established a steady growth in the market globally because of the increasing use of the liquid in adjoining different metals that cannot be amended, increasing use of nitrogen in almost every sector of the economy including electronics, medical, auto motives and many more. The market is also derived with the help of factors like growing industrialization, raising infrastructural development and also developing healthcare all over the globe.
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The Asian and American region are the leading markets of the world while the market in the Asia- Pacific region is predicted to grow the most over the forecast period owing to the infrastructural and industrial development all over the continent.
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
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The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
Air Products and Chemicals Inc.
The Linde Group
Taiyo Nippon Sanso Corporation
Asia Industrial Gases Pte. Ltd.
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
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Name: Jennifer Daniel
Organization: Planet Market Reports