Global Nitrogen Generation (Nitrogen Generator) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Nitrogen Generation (Nitrogen Generator) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Nitrogen Generator is a device that uses air and nitrogen as raw materials to separate oxygen and nitrogen by physical methods. According to the principle of nitrogen production, it can be divided into three types of nitrogen generators: PSA, Membrane and Cryogenic Air.

Market Overview:

The latest research study on the global Nitrogen Generation (Nitrogen Generator) market finds that the global Nitrogen Generation (Nitrogen Generator) market reached a value of USD 1923.39 million in 2022. It’s expected that the market will achieve USD 2362.51 million by 2028, exhibiting a CAGR of 3.49% during the forecast period.

Influence of COVID-19 Outbreak on Nitrogen Generator Industry Development

The production process of Nitrogen Generator is complex and requires many parts, including pneumatic valves, filters, storage tanks, and purity analyzers. The outbreak of the new crown epidemic has an impact on the production of Nitrogen Generators around the world. On the one hand, due to the severe impact of the new crown pneumonia epidemic on the manufacturing industry, the production and sales of raw material manufacturers on Nitrogen Generator, including manufacturers of valves, filters, storage tanks, etc., have been affected, resulting in parts and components in the Nitrogen Generator industry. Supply problems have made it difficult for the company to find parts suppliers, so it has had to cut production. On the other hand, due to the outbreak of the new crown pneumonia epidemic, in order to prevent the further spread of the epidemic, the government has imposed restrictions on people's travel and related isolation policies, the management efficiency of industry companies has declined, and the company's production plans have been affected.
From the downstream point of view of the industry, the food industry and semiconductor and other manufacturing industries have also suffered a major impact from the epidemic. The production plan has been delayed, and the demand for Nitrogen Generator has decreased. Industry companies have made production adjustments to reduce the production of Nitrogen Generator.

Limitations

The use of nitrogen is strictly regulated, although nitrogen is widely used in metallurgy, semiconductor, and food manufacturing processes, and plays an important role in preventing and controlling accidents. However, nitrogen is also a suffocating gas. If there is a leak in the generator or supply chain, nitrogen will overflow, and the surrounding oxygen will be quickly exhausted. lead to hypoxia and asphyxia. However, since nitrogen is a colorless and odorless gas, it is difficult for staff to monitor it during use. Therefore, once the Nitrogen Generator leaks nitrogen, it will bring a major threat to people's life safety. To sum up, the risk of nitrogen leakage from nitrogen generators is one of the reasons that restricts the development of the industry.

Region Overview:

North America had the highest growth rate of all regions.

Company Overview:

The top three companies are Atlas Copco, Parker Hannifin, Linde plc with the revenue market share of 7.49%, 6.17%, 5.52% in 2021.

Atlas Copco USA is an industry-leader in compressed air technology and service. Nowhere is this more evident than in the company's extensive range of compressed air products and service plans. From oil-free & oil-injected compressors, to quality air products, to the company's nationwide parts & service network, the company take them role as a reliable provider of all things air extremely seriously.

Parker, is an American corporation specializing in motion and control technologies. Its corporate headquarters are in Mayfield Heights, Ohio, in Greater Cleveland. The company was founded in 1917 and has been publicly traded on the NYSE since December 9, 1964. The firm is one of the largest companies in the world in motion control technologies, including aerospace, climate control, electromechanical, filtration, fluid and gas handling, hydraulics, pneumatics, process control, and sealing and shielding. Parker employs about 58,000 people globally.

Segmentation Overview:

Among different product types, PSA segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Food Industry segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Nitrogen Generation (Nitrogen Generator) market covered in Chapter 3:

Generon
South-Tek Systems
Compressed Gas Technologies
Atlas Copco
Oxymat
PCI
SAM GAS Projects
Air Water Inc.
Air Products and Chemical, Inc.
Proton On-Site
On Site Gas Systems
NOXERIOR S.r.l.
Linde plc
Holtec Gas Systems
Air Liquide
Parker Hannifin

In Chapter 4 and Chapter 14.2, on the basis of types, the Nitrogen Generation (Nitrogen Generator) market from 2018 to 2029 is primarily split into:

PSA
Membrane
Cryogenic Air

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Nitrogen Generation (Nitrogen Generator) market from 2018 to 2029 covers:

Food Industry
Chemical Industry
Electronics
Other

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)