Liquid Nitrogen Market by Process (Absorption, Cryogenic Air Separation), Function (Coolant, Refrigerant), End Use - Global Forecast 2024-2030

Liquid Nitrogen Market by Process (Absorption, Cryogenic Air Separation), Function (Coolant, Refrigerant), End Use - Global Forecast 2024-2030


The Liquid Nitrogen Market size was estimated at USD 16.73 billion in 2023 and expected to reach USD 18.04 billion in 2024, at a CAGR 7.92% to reach USD 28.53 billion by 2030.

Global Liquid Nitrogen Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Liquid Nitrogen Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Liquid Nitrogen Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Liquid Nitrogen Market, highlighting leading vendors and their innovative profiles. These include Air Liquide S.A., Air Products and Chemicals, Inc., AMCS Corporation, Asia Industrial Gases Pte. Ltd., Cryomech Inc., Linde plc, Messer SE & Co. KGaA, nexAir, LLC, Norco Inc., Praxair Technology, Inc., Statebourne Cryogenics Ltd., TAIYO NIPPON SANSO CORPORATION, UBE Corporation, and UNITED INDUSTRIAL GASES FACTORY LLC.

Market Segmentation & Coverage

This research report categorizes the Liquid Nitrogen Market to forecast the revenues and analyze trends in each of the following sub-markets:

Process
Absorption

Cryogenic Air Separation

Function
Coolant

Refrigerant

End Use
Chemicals & Pharmaceuticals

Food & Beverages

Healthcare

Metal Manufacturing & Construction

Rubber & Plastic

Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas

Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam

Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Liquid Nitrogen Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Liquid Nitrogen Market?
3. What are the technology trends and regulatory frameworks in the Liquid Nitrogen Market?
4. What is the market share of the leading vendors in the Liquid Nitrogen Market?
5. Which modes and strategic moves are suitable for entering the Liquid Nitrogen Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Liquid Nitrogen Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing demand from end-use industries such as metal manufacturing & construction
5.1.1.2. Growing use in automotive production processes
5.1.1.3. Extensive use in food & beverage industry
5.1.2. Restraints
5.1.2.1. Leiden frost effect and several health issues associated with liquid nitrogen
5.1.3. Opportunities
5.1.3.1. Application areas of liquid nitrogen in the healthcare industry
5.1.3.2. Rising demand from the electronics sector in the manufacture of flat panel displays, light-emitting diodes, and semiconductors
5.1.4. Challenges
5.1.4.1. High production and transport value
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Liquid Nitrogen Market, by Process
6.1. Introduction
6.2. Absorption
6.3. Cryogenic Air Separation
7. Liquid Nitrogen Market, by Function
7.1. Introduction
7.2. Coolant
7.3. Refrigerant
8. Liquid Nitrogen Market, by End Use
8.1. Introduction
8.2. Chemicals & Pharmaceuticals
8.3. Food & Beverages
8.4. Healthcare
8.5. Metal Manufacturing & Construction
8.6. Rubber & Plastic
9. Americas Liquid Nitrogen Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Liquid Nitrogen Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.
10. South Korea
10.
11. Taiwan
10.
12. Thailand
10.
13. Vietnam
11. Europe, Middle East & Africa Liquid Nitrogen Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.
10. Nigeria
11.
11. Norway
11.
12. Poland
11.
13. Qatar
11.
14. Russia
11.
15. Saudi Arabia
11.
16. South Africa
11.
17. Spain
11.
18. Sweden
11.
19. Switzerland
11.
20. Turkey
11.
21. United Arab Emirates
11.
22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. Air Liquide S.A.
13.1.2. Air Products and Chemicals, Inc.
13.1.3. AMCS Corporation
13.1.4. Asia Industrial Gases Pte. Ltd.
13.1.5. Cryomech Inc.
13.1.6. Linde plc
13.1.7. Messer SE & Co. KGaA
13.1.8. nexAir, LLC
13.1.9. Norco Inc.
13.1.
10. Praxair Technology, Inc.
13.1.
11. Statebourne Cryogenics Ltd.
13.1.
12. TAIYO NIPPON SANSO CORPORATION
13.1.
13. UBE Corporation
13.1.
14. UNITED INDUSTRIAL GASES FACTORY LLC
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
FIGURE 1. LIQUID NITROGEN MARKET RESEARCH PROCESS
FIGURE 2. LIQUID NITROGEN MARKET SIZE, 2023 VS 2030
FIGURE 3. LIQUID NITROGEN MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. LIQUID NITROGEN MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. LIQUID NITROGEN MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. LIQUID NITROGEN MARKET DYNAMICS
FIGURE 7. LIQUID NITROGEN MARKET SIZE, BY PROCESS, 2023 VS 2030 (%)
FIGURE 8. LIQUID NITROGEN MARKET SIZE, BY PROCESS, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. LIQUID NITROGEN MARKET SIZE, BY FUNCTION, 2023 VS 2030 (%)
FIGURE 10. LIQUID NITROGEN MARKET SIZE, BY FUNCTION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. LIQUID NITROGEN MARKET SIZE, BY END USE, 2023 VS 2030 (%)
FIGURE 12. LIQUID NITROGEN MARKET SIZE, BY END USE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS LIQUID NITROGEN MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS LIQUID NITROGEN MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES LIQUID NITROGEN MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES LIQUID NITROGEN MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC LIQUID NITROGEN MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC LIQUID NITROGEN MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA LIQUID NITROGEN MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA LIQUID NITROGEN MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. LIQUID NITROGEN MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. LIQUID NITROGEN MARKET SHARE, BY KEY PLAYER, 2023

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