Ammonia, nitric acid, cyanides, nitrates, and oxides are primarily produced using nitrogen, an odourless and colourless chemical molecule. Additionally, it is used in the production of fertilisers, pharmaceutical medications like antibiotics, and a variety of food and beverage sectors.
The nitrogen market consists of the sales of industrial nitrogen and related services used in a variety of applications, including steel manufacture to stop oxidation and food packaging in the food industry to avoid food spoiling. The nitrogen gas is inert, non-flammable, colourless, odourless, and odourless. In addition to reducing or stopping the oxidation of goods, including food, it can be used to replace air. The healthcare, food and beverage, metal production, automotive, chemical, agrochemical, and other industries all employ this gas.
Compressed gas and liquid nitrogen are the two main forms of nitrogen products. Gases kept under pressure in cylinders are known as compressed gases. Commercial use, industrial use, science, and research are a few of the uses.
Global Nitrogen Market- Segmental Analysis
By Product
- Compressed gas
- Liquid Nitrogen
Liquid nitrogen segment is anticipated to amplify significantly over the estimated timeline owing to escalating demand from chemical, healthcare and pharmaceutical industries. This nitrogen form is predominantly used in cryotherapies, cryosurgeries, and cryopreservation to eliminate decayed tissues, warts, skin tags, moles, and skin cancers. Alongside, it is also used as a coolant to temporarily shrink mechanical gears during machine assembly.
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Top Key Players:-
- Linde Group
- Praxair Inc.
- Air Products and Chemicals
- Messer Group
- Southern Industrial Gas Berhad
- Taiyo Nippon Sanso Corporation
- Gulf Cryo
- Emirates Industrial Gases Co. LLC
- nexAir
- CanAir Nitrogen,
- Chengdu Taiyu Industrial Gases,
- Universal Industrial Gases,
- Yingde Gases Group Company,
- Aspen Air Corp,
- Sudanese Liquid Air Company,
- Yingde Gases Group,
- Ellenbarrie Industrial Gases,
- Conair Nitrogen Inc
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