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Global Liquid Nitrogen Market 2017-2021

Global Liquid Nitrogen Market 2017-2021

  • September 2017
  • 76 pages
  • ID: 5126567
In this report:
The cryogenic equipment segment is expected to reach over $## billion at the end of the forecast period, growing at a CAGR of more than ##%.
The automotive sector is expected to cross ## million units by 2021, with APAC accounting for a market share of more than ##%.
It is expected to be completed by 2019 and will have a capacity of ##,## tons per day of liquid gases such as oxygen, nitrogen, and argon.

Summary

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About Liquid Nitrogen

Liquid nitrogen is colorless, odorless, inert, non-corrosive, and non-flammable. It has extremely low temperature and does not support life.

The use of nitrogen is more in its gaseous state, but it is converted into a liquid for storage and transportation as it is more cost-effective. Liquid nitrogen is stored and transported in diverse types of containers depending on the use and quantity. The various containers are dewar, cryogenic liquid cylinder, and cryogenic storage tanks.

Technavio’s analysts forecast the global liquid nitrogen market to grow at a CAGR of 5.38% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global liquid nitrogen market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio’s report, Global Liquid Nitrogen Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Air Liquide
• Air Products and Chemicals
• The Linde Group
• Praxair Technology
• TAIYO NIPPON SANSO

Other prominent vendors
• AIR WATER
• Asia Technical Gas
• Bombay Oxygen Corporation
• BUZWAIR INDUSTRIAL GASES FACTORIES
• Goyal MG gases
• Gulf Cryo
• MESSER Group
• Southern Industrial Gas Sdn Bhd
• Yingde Gases

Market driver
• Increasing use of cryosurgery and cryotherapy
• For a full, detailed list, view our report

Market challenge
• Hazards associated with liquid nitrogen
• For a full, detailed list, view our report

Market trend
• Liquid nitrogen as a potential source of primary power
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

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