Nitrogen Generators Market By Type (PSA Nitrogen Generator, Membrane Nitrogen Generator, Cryogenic Nitrogen Generator), By End User (Food and Beverage, Transportation, Medical and Pharmaceuticals, Electrical and Electronics, Chemicals, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032
The global nitrogen generators market was valued at $8,134.7 million in 2020 and is projected to reach $14,634.8 million by 2032, registering a CAGR of 4.8% from 2023 to 2032. A nitrogen generator is a device designed to generate nitrogen gas by utilizing diverse technologies. The fundamental objective is to separate nitrogen molecules from the surrounding air, which contains other gases like oxygen, water vapor, and carbon dioxide. Employing different methods such as Pressure Swing Adsorption (PSA), membrane technology, or cryogenic processes, nitrogen generators serve the primary function of delivering a consistent and on-site supply of high-purity nitrogen. This is particularly valuable for a wide range of industrial applications where precise control over nitrogen quality is essential for optimal performance and efficiency.
Nitrogen generators can supply nitrogen of varying purity levels from 95% to 99.999%, depending on type of generator and end user requirement. On site nitrogen generators offer higher profitability and reliability as compared to nitrogen cylinders. Nitrogen generators are also capable of generating oxygen based on end user pressure requirement.
The development of food & beverage, chemical, and oil & gas industries fuels the demand for nitrogen generators, as nitrogen in extensively used in various processes. In addition, rapid growth of pharmaceutical industry drives the growth of the market. However, decrease in durability and performance of nitrogen generators overtime constraints the growth of the market. Furthermore, supportive government initiatives and various free trade agreement across the globe are anticipated to boost the manufacturing industry in developing counties and boost the use of nitrogen generators in the coming years.
The nitrogen generators market is segmented on the basis of type, end user, and region. On the basis of type, the market is classified into PSA nitrogen generator, membrane nitrogen generator, and cryogenic nitrogen generator. On the basis of end user, it is categorized into food & beverage, transportation, medical & pharmaceuticals, electrical & electronics, chemicals, and others. On the basis of region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major players operating in the global market have adopted key strategies such as product launch to strengthen their market outreach and sustain the stiff competition in the market
Competition AnalysisThe major market participants profiled in this report include Air Liquide, Air Products And Chemicals, Inc., Atlas Copco AB, Hitachi Industrial Equipment Systems Co., Ltd., Linde PLC, NOVAIR S.A.S, On Site Gas Systems, Inc., Parker-Hannifin Corporation, Peak Gas Generation, and PCI.
Key Benefits For StakeholdersThe report provides an extensive analysis of the current and emerging nitrogen generators market trends and dynamics.
In-depth market analysis is conducted by constructing market estimations for the key market segments between 2020 and 2032.
Extensive analysis of the nitrogen generators market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
A comprehensive analysis of all regions is provided to determine the prevailing opportunities.
The global nitrogen generators market forecast analysis from 2023 to 20302is included in the report.
The key market players within nitrogen generators market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the nitrogen generators industry.
Key Market SegmentsBy TypePSA Nitrogen Generator
Membrane Nitrogen Generator
Cryogenic Nitrogen Generator
By End UserFood and Beverage
Transportation
Medical and Pharmaceuticals
Electrical and Electronics
Chemicals
Others
By RegionNorth America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market PlayersAir Liquide
Air Products and Chemicals, Inc.
Atlas Copco AB
Parker-Hannifin Corporation
NOVAIR SAS
On Site Gas Systems, Inc.
Peak Scientific Instruments
PCI
Hitachi Ltd. (Hitachi Industrial Equipment Systems Co., Ltd.)
Linde plc
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