Global liquid nitrogen market 2024-2028

Description

List of Tables

The liquid nitrogen market is forecasted to grow by USD 6919.7 mn during 2023-2028, accelerating at a CAGR of 6.78% during the forecast period. The report on the liquid nitrogen market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand from healthcare industry, growing adoption of liquid nitrogen in food and beverage industry, and rising demand for liquid nitrogen in electronics industry.

Technavio's liquid nitrogen market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	6.23%
CAGR	6.78%
Incremental Value	$6919.7mn

ByApplication

Chemicals/pharmaceutical/biotechnology
Food and beverages
Metal manufacturing and construction
Others

ByUsage

Coolant
Refrigerant

ByGeography

North America
APAC
Europe
South America
Middle East and Africa

This study identifies the liquid nitrogen as jet medium in petroleum engineering as one of the prime reasons driving the liquid nitrogen market growth during the next few years. Also, liquid nitrogen as potential source of primary power and rapid surface chilling technology will lead to sizable demand in the market.

The report on the liquid nitrogen market covers the following areas:

Liquid nitrogen market sizing
Liquid nitrogen market forecast
Liquid nitrogen market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading liquid nitrogen market vendors that include Air Liquide SA, Air Products and Chemicals Inc., AMCS Corp., Asia Industrial Gases Pte. Ltd., Asia Technical Gas Co Pte Ltd., Buzwair Industrial Gases Factories, Cryomech Inc., Goyal Group, Gulfcryo., Linde Plc, Messer SE and Co. KGaA, MVS Engineering Pvt. Ltd., Nippon Sanso Holdings Co. Ltd., Statebourne Cryogenics Ltd., and Yingde Gas Group Co. Ltd.. Also, the liquid nitrogen market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR44921

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Market Segmentation by Usage
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Liquid Nitrogen Market 2018 - 2022
- Historic Market Size - Data Table on Global Liquid Nitrogen Market 2018 - 2022 ($ million)
4.2 Application segment analysis 2018 - 2022
- Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.3 Usage segment analysis 2018 - 2022
- Historic Market Size - Usage Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Application

6.1 Market segments
- Chart on Application - Market share 2023-2028 (%)
- Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
6.3 Chemicals/pharmaceutical/biotechnology - Market size and forecast 2023-2028
- Chart on Chemicals/pharmaceutical/biotechnology - Market size and forecast 2023-2028 ($ million)
- Data Table on Chemicals/pharmaceutical/biotechnology - Market size and forecast 2023-2028 ($ million)
- Chart on Chemicals/pharmaceutical/biotechnology - Year-over-year growth 2023-2028 (%)
- Data Table on Chemicals/pharmaceutical/biotechnology - Year-over-year growth 2023-2028 (%)
6.4 Food and beverages - Market size and forecast 2023-2028
- Chart on Food and beverages - Market size and forecast 2023-2028 ($ million)
- Data Table on Food and beverages - Market size and forecast 2023-2028 ($ million)
- Chart on Food and beverages - Year-over-year growth 2023-2028 (%)
- Data Table on Food and beverages - Year-over-year growth 2023-2028 (%)
6.5 Metal manufacturing and construction - Market size and forecast 2023-2028
- Chart on Metal manufacturing and construction - Market size and forecast 2023-2028 ($ million)
- Data Table on Metal manufacturing and construction - Market size and forecast 2023-2028 ($ million)
- Chart on Metal manufacturing and construction - Year-over-year growth 2023-2028 (%)
- Data Table on Metal manufacturing and construction - Year-over-year growth 2023-2028 (%)
6.6 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ million)
- Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
6.7 Market opportunity by Application
- Market opportunity by Application ($ million)
- Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by Usage

7.1 Market segments
- Chart on Usage - Market share 2023-2028 (%)
- Data Table on Usage - Market share 2023-2028 (%)
7.2 Comparison by Usage
- Chart on Comparison by Usage
- Data Table on Comparison by Usage
7.3 Coolant - Market size and forecast 2023-2028
- Chart on Coolant - Market size and forecast 2023-2028 ($ million)
- Data Table on Coolant - Market size and forecast 2023-2028 ($ million)
- Chart on Coolant - Year-over-year growth 2023-2028 (%)
- Data Table on Coolant - Year-over-year growth 2023-2028 (%)
7.4 Refrigerant - Market size and forecast 2023-2028
- Chart on Refrigerant - Market size and forecast 2023-2028 ($ million)
- Data Table on Refrigerant - Market size and forecast 2023-2028 ($ million)
- Chart on Refrigerant - Year-over-year growth 2023-2028 (%)
- Data Table on Refrigerant - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Usage
- Market opportunity by Usage ($ million)
- Data Table on Market opportunity by Usage ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.11 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ million)
- Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
9.12 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 Air Liquide SA
- Air Liquide SA - Overview
- Air Liquide SA - Business segments
- Air Liquide SA - Key news
- Air Liquide SA - Key offerings
- Air Liquide SA - Segment focus
12.4 Air Products and Chemicals Inc.
- Air Products and Chemicals Inc. - Overview
- Air Products and Chemicals Inc. - Business segments
- Air Products and Chemicals Inc. - Key news
- Air Products and Chemicals Inc. - Key offerings
- Air Products and Chemicals Inc. - Segment focus
12.5 AMCS Corp.
- AMCS Corp. - Overview
- AMCS Corp. - Product / Service
- AMCS Corp. - Key offerings
12.6 Asia Industrial Gases Pte. Ltd.
- Asia Industrial Gases Pte. Ltd. - Overview
- Asia Industrial Gases Pte. Ltd. - Product / Service
- Asia Industrial Gases Pte. Ltd. - Key offerings
12.7 Asia Technical Gas Co Pte Ltd.
- Asia Technical Gas Co Pte Ltd. - Overview
- Asia Technical Gas Co Pte Ltd. - Product / Service
- Asia Technical Gas Co Pte Ltd. - Key offerings
12.8 Buzwair Industrial Gases Factories
- Buzwair Industrial Gases Factories - Overview
- Buzwair Industrial Gases Factories - Product / Service
- Buzwair Industrial Gases Factories - Key offerings
12.9 Cryomech Inc.
- Cryomech Inc. - Overview
- Cryomech Inc. - Product / Service
- Cryomech Inc. - Key offerings
12.10 Goyal Group
- Goyal Group - Overview
- Goyal Group - Product / Service
- Goyal Group - Key offerings
12.11 Gulfcryo.
- Gulfcryo. - Overview
- Gulfcryo. - Product / Service
- Gulfcryo. - Key offerings
12.12 Linde Plc
- Linde Plc - Overview
- Linde Plc - Business segments
- Linde Plc - Key news
- Linde Plc - Key offerings
- Linde Plc - Segment focus
12.13 Messer SE and Co. KGaA
- Messer SE and Co. KGaA - Overview
- Messer SE and Co. KGaA - Product / Service
- Messer SE and Co. KGaA - Key offerings
12.14 MVS Engineering Pvt. Ltd.
- MVS Engineering Pvt. Ltd. - Overview
- MVS Engineering Pvt. Ltd. - Product / Service
- MVS Engineering Pvt. Ltd. - Key offerings
12.15 Nippon Sanso Holdings Co. Ltd.
- Nippon Sanso Holdings Co. Ltd. - Overview
- Nippon Sanso Holdings Co. Ltd. - Product / Service
- Nippon Sanso Holdings Co. Ltd. - Key offerings
12.16 Statebourne Cryogenics Ltd.
- Statebourne Cryogenics Ltd. - Overview
- Statebourne Cryogenics Ltd. - Product / Service
- Statebourne Cryogenics Ltd. - Key offerings
12.17 Yingde Gas Group Co. Ltd.
- Yingde Gas Group Co. Ltd. - Overview
- Yingde Gas Group Co. Ltd. - Product / Service
- Yingde Gas Group Co. Ltd. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation technique s employed for market sizing
13.8 Data synthesis
- Data synthesis
- 360 degree market analysis
- 360 degree market analysis
13.10 List of abbreviations
- List of abbreviations