1. Market Research
  2. > Chemical
  3. > Specialty Chemical
  4. > Industrial Gases Market Trends

Liquid Nitrogen Market by End-Use Industry , by Storage, Distribution & Transportation , by Function , by Production Technology - Global Forecast to 2020

  • January 2016
  • 224 pages
  • MarketsandMarkets
Report ID: 3603150


Table of Contents

Search Inside

“Increasing demand for electronics to drive the liquid nitrogen market”

The liquid nitrogen market size is projected to grow from USD 12.48 billion in 2015 to USD 16.14 billion by 2020, at a CAGR of 5.28%. The liquid nitrogen market is driven by factors such as rise in demand for electronic products in developing countries and the growing demand from healthcare sector market.

“Pressure swing adsorption to gain maximum traction during the forecast period”

The pressure swing adsorption segment is projected to be the fastest-growing production technology in the next five years. It can be a cost-effective technique of onsite generation of nitrogen for a broad range of purity and flow requirements. Cryogenic distillation is estimated to have the largest market share during the forecast period. It is the most widely used technique for producing high purity oxygen, nitrogen, and argon on an industrial scale, as it is one of the cost-effective and economic technology solutions for plants with high production rate plants.

Asia-Pacific is estimated to be the fastest growing region.

North America is estimated to have the largest market share during the forecast period in the liquid nitrogen market. Asia-Pacific is projected to grow at the highest CAGR from 2015 to 2020. The Asia-Pacific region is the most attractive market for liquid nitrogen owing to the rapid socio-economic development in the region. The growth of this region is supplemented by the expansion of the metal manufacturing industry in developing economies such as India and China. The demand for liquid nitrogen is primarily driven by developing countries for applications in various industries such as health care, energy, and electronics.

Breakdown of Primaries

Primary interviews were conducted with a number of industry experts in order to collect data related to different aspects of the liquid nitrogen market. Estimates reached after analyzing secondary sources were validated through these interviews. Primary sources include professionals such as liquid nitrogen manufacturers, distributors, and academic professionals. The distribution of primary interviews is as follows:

By Company Type: Tier 1: 43%; Tier 2: 33%; Tier 3: 24%

By Designation: C-level: 40%; Director level: 35%; Others*: 25%

By Region: North America: 40%; Europe: 20%; Asia-Pacific: 25%; RoW: 15%

Note: *Others include sales managers, marketing managers, and product managers.
The tier of the companies is defined on the basis of their total revenue, as of 2013.
Tier 1: Revenue > USD 10 billion; Tier 2: USD 1 billion to USD 10 billion; Tier 3: Revenue < USD 1 billion

The various key liquid nitrogen providers profiled in the report are as follows:
1. The Linde Group (Germany)
2. Praxair Inc. (U.S.)
3. Nexair LLC. (U.S.)
4. Air Products and Chemicals, Inc. (U.S.)
5. Taiyo Nippon Sanso Corporation (Japan)
6. Messer Group (Germany)
7. Air Liquide S.A. (France)
8. Gulf Cryo (United Arab Emirates)
9. Emirates Industrial Gases Co. LLC. (United Arab Emirates)
10. Southern Industrial Gas Berhad (Malaysia)

Reasons to buy the report.

The report will help the market leaders/new entrants in this market in the following ways:

1. This report segments the liquid nitrogen market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the subsegments across the different verticals and regions.
2. The report helps stakeholders to understand the market and provides them information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to better understand their competitors and gain more insights into their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, agreements, partnerships and joint ventures, and mergers & acquisitions.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:


The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Ozone Generation: Technologies, Markets and Players

  • $ 5501
  • Industry report
  • May 2017
  • by BCC Research

• The global market for ozone generation technology (OGT) totaled $841.4 million in 2016. The market should total $1.2 billion by 2021, growing at a compound annual growth rate (CAGR) of 7.1% from 2016 ...

Liquid Nitrogen Market Analysis By Technology (Cryogenic Distillation, Pressure Swing Adsorption), By Function (Coolant, Refrigerant), By Storage & Distribution, By End-use, And Segment Forecasts, 2014 - 2025

  • $ 4950
  • Industry report
  • May 2017
  • by Grand View Research

The global liquid nitrogen market is expected to reach USD 21.3 billion by 2025, according to a new report by Grand View Research, Inc. Globally, increasing consumption of electronic goods has been a majo ...

Global Ozone Generators Market Analysis 2017 - Forecast to 2022

  • $ 4550
  • Industry report
  • April 2017
  • by Hoovers Research

Hoovers Research analysis is one of the most accurate studies performed using the combinational analytical tools. The report contains up to date financial data derived from varied research sources to present ...


Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.