Liquid Nitrogen Market by End-Use Industry, by Storage, Distribution & Transportation, by Function, by Production Technology - Global Forecast to 2020

  • ID: 3610562
  • Report
  • Region: Global
  • 224 Pages
  • Markets and Markets
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The Liquid Nitrogen Market Size is Projected to Grow from USD 12.48 Billion in 2015 to USD 16.14 Billion by 2020 at a CAGR of 5.28%

FEATURED COMPANIES

  • Air Liquide S.A.
  • Gulf Cryo
  • Messer Group
  • Nexair LLC
  • Praxair Inc.
  • The Linde Group
  • MORE
“Increasing demand for electronics to drive the liquid nitrogen market”

The liquid nitrogen market size is projected to grow from USD 12.48 billion in 2015 to USD 16.14 billion by 2020, at a CAGR of 5.28%. The liquid nitrogen market is driven by factors such as rise in demand for electronic products in developing countries and the growing demand from healthcare sector market.

“Pressure swing adsorption to gain maximum traction during the forecast period”
The pressure swing adsorption segment is projected to be the fastest-growing production technology in the next five years. It can be a cost-effective technique of onsite generation of nitrogen for a broad range of purity and flow requirements. Cryogenic distillation is estimated to have the largest market share during the forecast period. It is the most widely used technique for producing high purity oxygen, nitrogen, and argon on an industrial scale, as it is one of the cost-effective and economic technology solutions for plants with high production rate plants.

Asia-Pacific is estimated to be the fastest growing region.

North America is estimated to have the largest market share during the forecast period in the liquid nitrogen market. Asia-Pacific is projected to grow at the highest CAGR from 2015 to 2020. The Asia-Pacific region is the most attractive market for liquid nitrogen owing to the rapid socio-economic development in the region. The growth of this region is supplemented by the expansion of the metal manufacturing industry in developing economies such as India and China. The demand for liquid nitrogen is primarily driven by developing countries for applications in various industries such as health care, energy, and electronics.

Breakdown of Primaries

Primary interviews were conducted with a number of industry experts in order to collect data related to different aspects of the liquid nitrogen market. Estimates reached after analyzing secondary sources were validated through these interviews. Primary sources include professionals such as liquid nitrogen manufacturers, distributors, and academic professionals. The distribution of primary interviews is as follows:

By Company Type: Tier 1: 43%; Tier 2: 33%; Tier 3: 24%

By Designation: C-level: 40%; Director level: 35%; Others*: 25%

By Region: North America: 40%; Europe: 20%; Asia-Pacific: 25%; RoW: 15%

Note: *Others include sales managers, marketing managers, and product managers.
The tier of the companies is defined on the basis of their total revenue, as of 2013.
Tier 1: Revenue > USD 10 billion; Tier 2: USD 1 billion to USD 10 billion; Tier 3: Revenue < USD 1 billion

The various key liquid nitrogen providers profiled in the report are as follows:

1. The Linde Group (Germany)
2. Praxair Inc. (U.S.)
3. Nexair LLC. (U.S.)
4. Air Products and Chemicals, Inc. (U.S.)
5. Taiyo Nippon Sanso Corporation (Japan)
6. Messer Group (Germany)
7. Air Liquide S.A. (France)
8. Gulf Cryo (United Arab Emirates)
9. Emirates Industrial Gases Co. LLC. (United Arab Emirates)
10. Southern Industrial Gas Berhad (Malaysia)

Reasons to buy the report

The report will help the market leaders/new entrants in this market in the following ways:

1. This report segments the liquid nitrogen market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the subsegments across the different verticals and regions.
2. The report helps stakeholders to understand the market and provides them information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to better understand their competitors and gain more insights into their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, agreements, partnerships and joint ventures, and mergers & acquisitions.
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FEATURED COMPANIES

  • Air Liquide S.A.
  • Gulf Cryo
  • Messer Group
  • Nexair LLC
  • Praxair Inc.
  • The Linde Group
  • MORE
1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Study Scope
1.3.1 Periodization Considered For The Liquid Nitrogen Market
1.4 Currency Considered For The Liquid Nitrogen Market
1.5 Unit Considered For The Liquid Nitrogen Market
1.6 Stakeholders
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown Of Primary Interviews
2.2 Factor Analysis
2.2.1 Introduction
2.2.2 Demand-Side Analysis
2.2.2.1 Rising Population
2.2.2.2 Increasing Income And Spending Capacity
2.2.3 Supply-Side Analysis
2.2.3.1 Industry Regulations
2.2.3.2 Fluctuations In Fuel Prices
2.3 Market Size Estimation
2.4 Market Breakdown And Data Triangulation
2.5 Market Share Estimation
2.6 Research Assumptions & Limitations
2.6.1 Assumptions
2.6.2 Assumptions Made For This Study
2.6.3 Limitations

3 Executive Summary
3.1 Chemicals & Pharmaceuticals Is Projected To Account For The Largest Share By 2020
3.2 North America Is Projected To Dominate The Global Liquid Nitrogen Market By 2020
3.3 The Indian Market Is Projected To Grow At The Highest CAGR From
2015 To 2020
4 Premium Insights
4.1 Attractive Market Opportunities In The Liquid Nitrogen Market
4.2 Liquid Nitrogen Market In The Asia-Pacific Region
4.3 Emerging And Developed Markets For Liquid Nitrogen, 2015 Vs. 2020
5 Market Overview
5.1 Introduction
5.2 Market Evolution
5.3 Liquid Nitrogen Market Segmentation
5.3.1 By End-Use Industry
5.3.2 By Function
5.3.3 By Storage, Transportation & Distribution
5.4 Market Dynamics
5.4.1 Drivers
5.4.1.1 Electronic Products Have Seen An Increased Demand
5.4.1.2 Healthcare Sector Has Seen A Steady Growth
5.4.1.3 Growing Food & Beverage Industry
5.4.2 Restraints
5.4.2.1 Structural And Regulatory Restrictions
5.4.3 Opportunities
5.4.3.1 High Demand From Chemical Industry
5.4.4 Challenges
5.4.4.1 Intricate Manufacturing Process
6 Industry Trends
6.1 Introduction
6.2 Value Chain
6.3 Porter’S Five Forces Analysis
6.3.1 Threat Of New Entrants
6.3.2 Threats Of Substitutes
6.3.3 Bargaining Power Of Suppliers
6.3.4 Bargaining Power Of Buyers
6.3.5 Intensity Of Competitive Rivalry
7 Liquid Nitrogen Market, By End-Use Industry
7.1 Introduction
7.1.1 Liquid Nitrogen Market, By End-Use Industry
7.1.1.1 Chemicals & Pharmaceuticals Is The Fastest-Growing Segment For Liquid Nitrogen During The Review Period
7.2 Healthcare
7.3 Food & Beverages
7.4 Chemicals & Pharmaceuticals
7.5 Metal Manufacturing & Construction
7.6 Rubber & Plastic
7.7 Others
8 Liquid Nitrogen Market, By Storage, Distribution & Transportation
8.1 Introduction
8.1.1 Liquid Nitrogen Market, By Storage, Distribution & Transportation
8.1.1.1 Cylinder & Packaged Gas Segment Is Projected To Grow At The Highest CAGR
8.2 Cylinders & Packaged Gas
8.3 Merchant Liquid/Bulk
8.4 Tonnage
9 Liquid Nitrogen Market, By Function
9.1 Introduction
9.1.1 Liquid Nitrogen Market, By Function
9.1.1.1 Coolant Projected To Be The Fastest-Growing Function In Liquid Nitrogen, By 2020
9.2 Coolant
9.2.1 Coolant In Liquid Nitrogen Market, By End-Use Industry
9.2.1.1 Chemicals & Pharmaceuticals Dominated The Market In 2014
9.3 Refrigerant
9.3.1 Refrigerant In Liquid Nitrogen Market Size, By End-Use Industry
9.3.1.1 Food & Beverages Projected To Be The Fastest-Growing End-Use Industry Of Refrigerant, By 2020
10 Liquid Nitrogen Market, By Production Technology
10.1 Introduction
10.1.1 Liquid Nitrogen Market Size, By Production Technology
10.1.1.1 Cryogenic Distillation Dominated The Market, By Production Technology, In 2014
10.2 Cryogenic Distillation
10.3 Pressure Swing Adsorption
11 Liquid Nitrogen Market, By Region
11.1 Introduction
11.1.1 Liquid Nitrogen Market Size, By Region
11.1.1.1 North America Dominated The Market For Liquid Nitrogen In 2014
11.2 North America
11.2.1.1 North America: Liquid Nitrogen Market Size, By Country
11.2.1.1.1 U.S. Is Projected To Be The Fastest-Growing Market By 2020
11.2.1.2 North America: Liquid Nitrogen Market Size, By End-Use Industry
11.2.1.2.1 North American Market Driven By Growing Chemicals & Pharmaceuticals Industry
11.2.1.3 North America: Liquid Nitrogen Market Size, By Storage, Distribution & Transportation
11.2.1.3.1 Cylinder & Packaged Gas Distribution Segment Dominated The Market In North America
11.2.1.4 North America: Liquid Nitrogen Market Size, By Function
11.2.1.4.1 Coolant Segment Accounted For The Largest Share Owing To Its Growing Function In The Liquid Nitrogen Industry
11.2.1.5 North America: Liquid Nitrogen Market Size, By Production Technology
11.2.1.5.1 Pressure Swing Adsorption Segment To Grow At The Highest Rate By 2020
11.2.2 U.S.
11.2.2.1 U.S.: Liquid Nitrogen Market Size, By End-Use Industry
11.2.2.1.1 Chemicals & Pharmaceuticals Segment Dominated The Market In The U.S., In 2014
11.2.2.2 U.S.: Liquid Nitrogen Market Size, By Storage, Distribution & Transportation
11.2.2.2.1 Cylinder & Packaged Gas Distribution Segment Dominated The Market In 2014
11.2.2.3 U.S.: Liquid Nitrogen Market Size, By Function
11.2.2.3.1 Coolant Showing Signs Of Potential Growth In The U.S.
11.2.2.4 U.S.: Liquid Nitrogen Market Size, By Production Technology
11.2.2.4.1 Cryogenic Distillation Segment Accounted For The Largest Share In 2014
11.2.3 Canada
11.2.3.1 Canada: Liquid Nitrogen Market Size, By End-Use Industry
11.2.3.1.1 Chemicals & Pharmaceuticals Was The Largest Segment In 2014
11.2.3.2 Canada: Liquid Nitrogen Market Size, By Storage, Distribution, & Transportation
11.2.3.2.1 Cylinder & Packaged Gas Distribution Segment To Grow At The Highest Rate By 2020
11.2.3.3 Canada: Liquid Nitrogen Market Size, By Function
11.2.3.3.1 Coolant Function Dominated The Liquid Nitrogen Market In 2014
11.2.3.4 Canada: Liquid Nitrogen Market Size, By Production Technology
11.2.3.4.1 Pressure Swing Adsorption Segment To Grow At The Highest CAGR In The Canadian Market
11.2.4 Mexico
11.2.4.1 Mexico: Liquid Nitrogen Market Size, By End-Use Industry
11.2.4.1.1 Mexican Liquid Nitrogen Market, By End-Use Industry, Was Dominated By Chemicals & Pharmaceuticals Segment In 2014
11.2.4.2 Mexico: Liquid Nitrogen Market Size, By Storage, Distribution, & Transportation
11.2.4.2.1 Cylinder & Packaged Gas Distribution Segment To Grow At The Highest Rate By 2020
11.2.4.3 Mexico: Liquid Nitrogen Market Size, By Function
11.2.4.3.1 Refrigerant Segment To Grow At The Second-Highest Rate By 2020
11.2.4.4 Mexico: Liquid Nitrogen Market Size, By Production Technology
11.2.4.4.1 Cryogenic Distillation Segment Dominated The Market In 2014
11.3 Asia-Pacific
11.3.1 Asia-Pacific: Liquid Nitrogen Market Size, By Country
11.3.1.1 China Dominated The Asia-Pacific Liquid Nitrogen In 2014
11.3.1.2 Asia-Pacific: Liquid Nitrogen Market Size, By End-Use Industry
11.3.1.2.1 Chemicals & Pharmaceuticals Accounted For The Largest Market Share In 2014, By Value
11.3.1.3 Asia-Pacific: Liquid Nitrogen Market Size, By Storage, Distribution, & Transportation
11.3.1.3.1 Cylinder & Packaged Gas Distribution To Grow At The Highest CAGR By 2020
11.3.1.4 Asia-Pacific: Liquid Nitrogen Market Size, By Function
11.3.1.4.1 Coolant To Grow At The Highest Rate By 2020
11.3.1.5 Asia-Pacific: Liquid Nitrogen Market Size, By Production Technology
11.3.1.5.1 Cryogenic Distillation Was The Largest Market In 2014
11.3.2 China
11.3.2.1 China: Liquid Nitrogen Market Size, By End-Use Industry
11.3.2.1.1 Growing Chemicals & Pharmaceuticals Industry Is Driving The Liquid Nitrogen Market In China
11.3.2.2 China: Liquid Nitrogen Market Size, By Storage, Distribution, & Transportation
11.3.2.2.1 Cylinder & Packaged Gas Distribution Dominated
The Chinese Market
11.3.2.3 China: Liquid Nitrogen Market Size, By Function
11.3.2.3.1 Coolant Dominated The Market In China
11.3.2.4 China: Liquid Nitrogen Market Size, By Production Technology
11.3.2.4.1 Cryogenic Distillation Projected To Grow At The Highest Rate By 2020
11.3.3 India
11.3.3.1 India: Liquid Nitrogen Market Size, By End-Use Industry
11.3.3.1.1 Chemicals & Pharmaceuticals Projected To Grow At The Highest Rate By 2020
11.3.3.2 India: Liquid Nitrogen Market Size, By Storage, Distribution & Transportation
11.3.3.2.1 Cylinder & Packaged Gas Distribution Dominated The Market In 2014
11.3.3.3 India: Liquid Nitrogen Market Size, By Function
11.3.3.3.1 Liquid Nitrogen Market In India Is Largely Driven By Growth In The Income Of Middle-Class Population
11.3.3.4 India: Liquid Nitrogen Market Size, By Production Technology
11.3.3.4.1 Cryogenic Distillation Showing Potential For Growth In India
11.3.4 Japan
11.3.4.1 Japan: Liquid Nitrogen Market Size, By End-Use Industry
11.3.4.1.1 Chemicals & Pharmaceuticals To Grow At The Highest CAGR By 2020
11.3.4.2 Japan: Liquid Nitrogen Market Size, By Storage, Distribution & Transportation
11.3.4.2.1 Cylinder & Packaged Gas Distribution Dominated The Market In 2014
11.3.4.3 Japan: Liquid Nitrogen Market Size, By Function
11.3.4.3.1 Function Of Liquid Nitrogen In Coolant Was The Highest In 2014
11.3.4.4 Japan: Liquid Nitrogen Market Size, By Production Technology
11.3.4.4.1 Cryogenic Distillation Projected To Grow At The Highest Rate By 2020
11.3.5 South Korea
11.3.5.1 South Korea: Liquid Nitrogen Market Size, By End-Use Industry
11.3.5.1.1 Food & Beverage To Grow At The Second-Highest CAGR By 2020
11.3.5.2 South Korea: Liquid Nitrogen Market Size, By Storage, Distribution & Transportation
11.3.5.2.1 Merchant Liquid Distribution To Grow At The Second Highest Rate By 2020
11.3.5.3 South Korea: Liquid Nitrogen Market Size, By Function
11.3.5.3.1 Function Of Liquid Nitrogen In Coolant Was The Largest In 2014
11.3.5.4 South Korea: Liquid Nitrogen Market Size, By Production Technology
11.3.5.4.1 Cryogenic Distillation Accounted For The Largest Market Share In 2014
11.3.6 Rest Of Asia-Pacific
11.3.6.1 Rest Of Asia-Pacific: Liquid Nitrogen Market Size, By End-Use Industry
11.3.6.1.1 Chemicals & Pharmaceuticals Held The Largest Share In The Rest Of APACLiquid Nitrogen Market
11.3.6.2 Rest Of Asia-Pacific: Liquid Nitrogen Market Size, By Storage, Distribution & Transportation
11.3.6.2.1 Cylinder & Packaged Gas Distribution Was The Largest Market In 2014
11.3.6.3 Rest Of Asia-Pacific: Liquid Nitrogen Market Size, By Function
11.3.6.3.1 Refrigerant Was The Second-Largest Function For Liquid Nitrogen In 2014
11.3.6.4 Rest Of Asia-Pacific: Liquid Nitrogen Market Size, By Production Technology
11.3.6.4.1 Pressure Swing Adsorption Was The Second-Largest Market In 2014
11.4 Europe
11.4.1.1 Europe: Liquid Nitrogen Market Size, By Country
11.4.1.1.1 Germany Held The Largest Share In The European Liquid Nitrogen Market
11.4.1.2 Europe: Liquid Nitrogen Market Size, By End-Use Industry
11.4.1.2.1 Chemicals & Pharmaceuticals To Grow At The Highest CAGR By 2020
11.4.1.3 Europe: Liquid Nitrogen Market Size, By Storage, Distribution, & Transportation
11.4.1.3.1 Cylinder & Packaged Gas Distribution Dominated The Market In Europe
11.4.1.4 Europe: Liquid Nitrogen Market Size, By Function
11.4.1.4.1 Coolant Dominated The Market In Europe In 2014
11.4.1.5 Europe: Liquid Nitrogen Market Size, By Production Technology
11.4.1.5.1 Cryogenic Distillation Dominated The Liquid Nitrogen In Europe
11.4.2 Germany
11.4.2.1 Germany: Liquid Nitrogen Market Size, By End-Use Industry
11.4.2.1.1 Chemicals & Pharmaceuticals Accounted For The Largest Market Share In 2014
11.4.2.2 Germany: Liquid Nitrogen Market Size, By Storage, Distribution, & Transportation
11.4.2.2.1 Merchant Liquid Distribution Was The Second-Largest Market In 2014 In Germany
11.4.2.3 Germany: Liquid Nitrogen Market Size, By Function
11.4.2.3.1 Refrigerant Was The Second-Largest Market In 2014 In Germany
11.4.2.4 Germany: Liquid Nitrogen Market Size, By Production Technology
11.4.2.4.1 Cryogenic Distillation Accounted For The Largest Market Share In 2014
11.4.3 France
11.4.3.1 France: Liquid Nitrogen Market Size, By End-Use Industry
11.4.3.1.1 Chemicals & Pharmaceuticals Projected To Grow At The Highest Rate By 2020
11.4.3.2 France: Liquid Nitrogen Market Size, By Storage, Distribution, & Transportation
11.4.3.2.1 Cylinder & Packaged Gas Distribution Accounted For The Largest Share In France
11.4.3.3 France: Liquid Nitrogen Market Size, By Function
11.4.3.3.1 Coolant Dominated The Liquid Nitrogen Market In 2014
11.4.3.4 France: Liquid Nitrogen Market Size, By Production Technology
11.4.3.4.1 Cryogenic Distillation Dominated The Liquid Nitrogen Market In 2014
11.4.4 U.K.
11.4.4.1 U.K.: Liquid Nitrogen Market Size, By End-Use Industry
11.4.4.1.1 Food & Beverages Projected To Grow At The Second-Highest Rate
11.4.4.2 U.K.: Liquid Nitrogen Market Size, By Storage, Distribution, & Transportation
11.4.4.2.1 Cylinder & Packaged Gas Distribution Showing Growth Potential In The U.K.
11.4.4.3 U.K.: Liquid Nitrogen Market Size, By Function
11.4.4.3.1 Coolant Dominated The U.K. Market For Liquid Nitrogen
11.4.4.4 U.K.: Liquid Nitrogen Market Size, By Production Technology
11.4.4.4.1 Cryogenic Distillation Dominated The U.K. Market For Liquid Nitrogen
11.4.5 Belgium
11.4.5.1 Belgium: Liquid Nitrogen Market Size, By End-Use Industry
11.4.5.1.1 Food & Beverages To Grow At The Second-Highest Rate By 2020 In Belgium
11.4.5.2 Belgium: Liquid Nitrogen Market Size, By Storage, Distribution, & Transportation
11.4.5.2.1 Cylinder & Packaged Gas Distribution Showing Growth Potential In Belgium
11.4.5.3 Belgium: Liquid Nitrogen Market Size, By Function
11.4.5.3.1 Coolant Segment Dominated The Belgium Market For Liquid Nitrogen
11.4.5.4 Belgium: Liquid Nitrogen Market Size, By Production Technology
11.4.5.4.1 Cryogenic Distillation Dominated The Belgium Market For Liquid Nitrogen
11.4.6 Rest Of Europe
11.4.6.1 Rest Of Europe: Liquid Nitrogen Market Size, By End-Use Industry
11.4.6.1.1 Chemicals & Pharmaceuticals To Grow At The Highest CAGR By 2020
11.4.6.2 Rest Of Europe: Liquid Nitrogen Market Size, By Storage, Distribution, & Transportation
11.4.6.2.1 Merchant Liquid Distribution Projected To Grow At The Second-Highest CAGR By 2020
11.4.6.3 Rest Of Europe: Liquid Nitrogen Market Size, By Function
11.4.6.3.1 Coolant Segment Accounted For The Largest Share In 2014 And Is Also Projected To Grow At The Highest CAGR By 2020
11.4.6.4 Rest Of Europe: Liquid Nitrogen Market Size, By Production Technology
11.4.6.4.1 Cryogenic Distillation To Grow At The Second-Highest Rate By 2020
11.5 Row
11.5.1.1 RoW: Liquid Nitrogen Market Size, By Country
11.5.1.1.1 Brazil Dominated The Row Liquid Nitrogen Market In 2014
11.5.1.2 RoW: Liquid Nitrogen Market Size, By End-Use Industry
11.5.1.2.1 Food & Beverages Segment To Grow At The Second-Highest Rate By 2020
11.5.1.3 RoW: Liquid Nitrogen Market Size, By Storage, Distribution, & Transportation
11.5.1.3.1 Cylinder & Packaged Gas Distribution Segment Dominated The Market In 2014
11.5.1.4 RoW: Liquid Nitrogen Market Size, By Function
11.5.1.4.1 Coolant Segment Dominated The Market In 2014, In Row
11.5.1.5 RoW: Liquid Nitrogen Market Size, By Production Technology
11.5.1.5.1 Pressure Swing Adsorption Segment Is Projected To Have Potential Growth By 2020
11.5.2 Brazil
11.5.2.1 Brazil: Liquid Nitrogen Market Size, By End-Use Industry
11.5.2.1.1 Liquid Nitrogen Market In Brazil Was Dominated By The Chemicals & Pharmaceuticals Segment In 2014
11.5.2.2 Brazil: Liquid Nitrogen Market Size, By Storage, Distribution, & Transportation
11.5.2.2.1 Cylinder & Packaged Gas Distribution To Grow At The Highest Rate By 2020
11.5.2.3 Brazil: Liquid Nitrogen Market Size, By Function
11.5.2.3.1 Coolant Segment Dominated The Brazilian Market For Liquid Nitrogen In 2014
11.5.2.4 Brazil: Liquid Nitrogen Market Size, By Production Technology
11.5.2.4.1 Pressure Swing Adsorption Segment Is Projected To Grow At The Highest CAGR By 2020
11.5.3 Saudi Arabia
11.5.3.1 Saudi Arabia: Liquid Nitrogen Market Size, By End-Use Industry
11.5.3.1.1 Chemicals & Pharmaceuticals Segment Dominated The Market In Saudi Arabia
11.5.3.2 Saudi Arabia: Liquid Nitrogen Market Size, By Storage, Distribution, & Transportation
11.5.3.2.1 Cylinder & Packaged Gas Distribution Segment Projected To Grow At The Highest Rate By 2020
11.5.3.3 Saudi Arabia: Liquid Nitrogen Market Size, By Function
11.5.3.3.1 Coolant Segment Is Expected To Have Potential Growth Opportunities By 2020
11.5.3.4 Saudi Arabia: Liquid Nitrogen Market Size, By Production Technology
11.5.3.4.1 Cryogenic Distillation Segment Dominated The Market In 2014
11.5.4 South Africa
11.5.4.1 South Africa: Liquid Nitrogen Market Size, By End-Use Industry
11.5.4.1.1 Chemicals & Pharmaceuticals Segment Dominated The Market In South Africa
11.5.4.2 South Africa: Liquid Nitrogen Market Size, By Storage, Distribution, & Transportation
11.5.4.2.1 Merchant Liquid Distribution Segment Projected To Grow At The Second-Highest Rate By 2020
11.5.4.3 South Africa: Liquid Nitrogen Market Size, By Function
11.5.4.3.1 Coolant Segment Is Expected To Have Potential Growth Opportunities By 2020
11.5.4.4 South Africa: Liquid Nitrogen Market Size, By Production Technology
11.5.4.4.1 Cryogenic Distillation Segment Dominated The Market In 2014
11.5.5 Other Row Countries
11.5.5.1 Other Row. Countries: Liquid Nitrogen Market Size, By End-Use Industry
11.5.5.1.1 Chemicals & Pharmaceuticals Segment Projected To Grow At The Highest Rate By 2020
11.5.5.2 Other Row. Countries: Liquid Nitrogen Market Size, By Storage, Distribution, & Transportation
11.5.5.2.1 Cylinder & Packaged Gas Distribution Segment Is Projected To Grow At The Highest CAGR By 2020
11.5.5.3 Other Row Countries: Liquid Nitrogen Market Size, By Function
11.5.5.3.1 Refrigerant Segment Is Projected To Grow At The Second-Highest CAGR By 2020
11.5.5.4 Other Row Countries: Liquid Nitrogen Market Size, By Production Technology
11.5.5.4.1 Cryogenic Distillation Segment Accounted For The Largest Market Share In 2014
12 Competitive Landscape
12.1 Overview
12.2 Development Analysis
12.3 Competitive Situations & Trends
12.4 Partnerships, Agreements, And Joint Ventures - The Key Growth Strategy, 2011 - 2015
12.4.1 Partnerships, Agreements, And Joint Ventures
12.4.2 Expansions
12.4.3 Mergers & Acquisitions
12.4.4 New Product Launches
13 Company Profiles
(Company At A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments)*
13.1 Introduction
13.2 The Linde Group
13.3 Praxair Inc.
13.4 Air Liquide S.A.
13.5 Air Products And Chemicals, Inc.
13.6 Gulf Cryo
13.7 Southern Industrial Gas Berhad
13.8 Messer Group
13.9 Emirates Industrial Gases Co. Llc
13.10 Taiyo Nippon Sanso Corporation
13.11 Nexair Llc
*Details On Company At A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments Might Not Be Captured In Case Of Unlisted Companies.
14 Appendix
14.1 Insights Of Industry Experts

List of Tables

Table 1 Liquid Nitrogen Market Snapshot
Table 2 End-Use Industry & Description
Table 3 Manufacturing Process & Description
Table 4 Distribution Mode & Description
Table 5 The Standard By Compressed Gas Association:
Table 6 Liquid Nitrogen Market Size, By End-Use Industry, 2013 - 2020 (USD Million)
Table 7 Liquid Nitrogen Market Size, By End-Use Industry, 2013 - 2020 (Million Tons)
Table 1 Liquid Nitrogen Market Size, By Storage, Distribution & Transportation, 2013 - 2020 (USD Million)
Table 2 Liquid Nitrogen Market Size, By Storage, Distribution & Transportation, 2013 - 2020 (Million Tons)
Table 3 Regulations On Transportation And Storage Of Gas Cylinders
Table 4 Liquid Nitrogen Market Size, By Function, 2013 - 2020 (USD Million)
Table 5 Liquid Nitrogen Market Size, By Function, 2013 - 2020 (Million Tons)
Table 6 Coolant: Liquid Nitrogen Market Size, By End-Use, 2013 - 2020 (USD Million)
Table 7 Coolant: Liquid Nitrogen Market Size, By End-Use, 2013 - 2020 (Million Tons)
Table 8 Refrigerant: Liquid Nitrogen Market Size, By End-Use, 2013 - 2020 (USD Million)
Table 9 Refrigerant: Liquid Nitrogen Market Size, By End-Use, 2013 - 2020 (Million Tons)
Table 10 Liquid Nitrogen Market Size, By Production Technology, 2013 - 2020 (USD Million)
Table 11 Liquid Nitrogen Market Size, By Production Technology, 2013 - 2020 (Million Tons)
Table 12 Liquid Nitrogen Market Size, By Region, 2013 - 2020 (USD Million)
Table 13 Liquid Nitrogen Market Size, By Region, 2013 - 2020 (Million Tons)
Table 14 North America: Liquid Nitrogen Market Size, By Country, 2013 - 2020 (USD Million)
Table 15 North America: Liquid Nitrogen Market Size, By Country, 2013 - 2020 (Million Tons)
Table 16 North America: Liquid Nitrogen Market Size, By End-Use Industry, 2013 - 2020 (USD Million)
Table 17 North America: Liquid Nitrogen Market Size, By End-Use Industry, 2013 - 2020 (Million Tons)
Table 18 North America: Liquid Nitrogen Market Size, By Storage, Distribution & Transportation, 2013 - 2020 (USD Million)
Table 19 North America: Liquid Nitrogen Market Size, By Storage, Distribution & Transportation, 2013 - 2020 (Million Tons)
Table 20 North America: Liquid Nitrogen Market Size, By Function, 2013 - 2020 (USD Million)
Table 21 North America: Liquid Nitrogen Market Size, By Function, 2013 - 2020 (Million Tons)
Table 22 North America: Liquid Nitrogen Market Size, By Production Technology, 2013 - 2020 (USD Million)
Table 23 North America: Liquid Nitrogen Market Size, By Production Technology, 2013 - 2020 (Million Tons)
Table 24 U.S.: Liquid Nitrogen Market Size, By End-Use Industry, 2013 - 2020 (USD Million)
Table 25 U.S.: Liquid Nitrogen Market Size, By End-Use Industry, 2013 - 2020 (Million Tons)
Table 26 U.S.: Liquid Nitrogen Market Size, By Storage, Distribution & Transportation, 2013 - 2020 (USD Million)
Table 27 U.S.: Liquid Nitrogen Market Size, By Storage, Distribution & Transportation, 2013 - 2020 (Million Tons)
Table 28 U.S.: Liquid Nitrogen Market Size, By Function, 2013 - 2020 (USD Million)
Table 29 U.S.: Liquid Nitrogen Market Size, By Function, 2013 - 2020 (Million Tons)
Table 30 U.S.: Liquid Nitrogen Market Size, By Production Technology, 2013 - 2020 (USD Million)
Table 31 U.S.: Liquid Nitrogen Market Size, By Production Technology, 2013 - 2020 (Million Tons)
Table 32 Canada: Liquid Nitrogen Market Size, By End-Use Industry, 2013 - 2020 (USD Million)
Table 33 Canada: Liquid Nitrogen Market Size, By End-Use Industry, 2013 - 2020 (Million Tons)
Table 34 Canada: Liquid Nitrogen Market Size, By Storage, Distribution & Transportation, 2013 - 2020 (USD Million)
Table 35 Canada: Liquid Nitrogen Market Size, By Storage, Distribution & Transportation, 2013 - 2020 (Million Tons)
Table 36 Canada: Liquid Nitrogen Market Size, By Function, 2013 - 2020 (USD Million)
Table 37 Canada: Liquid Nitrogen Market Size, By Function, 2013 - 2020 (Million Tons)
Table 38 Canada: Liquid Nitrogen Market Size, By Production Technology, 2013 - 2020 (USD Million)
Table 39 Canada: Liquid Nitrogen Market Size, By Production Technology, 2013 - 2020 (Million Tons)
Table 40 Mexico: Liquid Nitrogen Market Size, By End-Use Industry, 2013 - 2020 (USD Million)
Table 41 Mexico: Liquid Nitrogen Market Size, By End-Use Industry, 2013 - 2020 (Million Tons)
Table 42 Mexico: Liquid Nitrogen Market Size, By Storage, Distribution & Transportation, 2013 - 2020 (USD Million)
Table 43 Mexico: Liquid Nitrogen Market Size, By Storage, Distribution & Transportation, 2013 - 2020 (Million Tons)
Table 44 Mexico: Liquid Nitrogen Market Size, By Function, 2013 - 2020 (USD Million)
Table 45 Mexico: Liquid Nitrogen Market Size, By Function, 2013 - 2020 (Million Tons)
Table 46 Mexico: Liquid Nitrogen Market Size, By Production Technology, 2013 - 2020 (USD Million)
Table 47 Mexico: Liquid Nitrogen Market Size, By Production Technology, 2013 - 2020 (Million Tons)
Table 48 Asia-Pacific: Liquid Nitrogen Market Size, By Country, 2013 - 2020 (USD Million)
Table 49 Asia-Pacific: Liquid Nitrogen Market Size, By Country, 2013 - 2020 (Million Tons)
Table 50 Asia-Pacific: Liquid Nitrogen Market Size, By End-Use Industry, 2013 - 2020 (USD Million)
Table 51 Asia-Pacific: Liquid Nitrogen Market Size, By End-Use Industry, 2013 - 2020 (Million Tons)
Table 52 Asia-Pacific: Liquid Nitrogen Market Size, By Storage, Distribution & Transportation, 2013 - 2020 (USD Million)
Table 53 Asia-Pacific: Liquid Nitrogen Market Size, By Storage, Distribution & Transportation, 2013 - 2020 (Million Tons)
Table 54 Asia-Pacific: Liquid Nitrogen Market Size, By Function, 2013 - 2020 (USD Million)
Table 55 Asia-Pacific: Liquid Nitrogen Market Size, By Function, 2013 - 2020 (Million Tons)
Table 56 Asia-Pacific: Liquid Nitrogen Market Size, By Production Technology, 2013 - 2020 (USD Million)
Table 57 Asia-Pacific: Liquid Nitrogen Market Size, By Production Technology, 2013 - 2020 (Million Tons)
Table 58 China: Liquid Nitrogen Market Size, By End-Use Industry, 2013 - 2020 (USD Million)
Table 59 China: Liquid Nitrogen Market Size, By End-Use Industry, 2013 - 2020 (Million Tons)
Table 60 China: Liquid Nitrogen Market Size, By Storage, Distribution & Transportation, 2013 - 2020 (USD Million)
Table 61 China: Liquid Nitrogen Market Size, By Storage, Distribution & Transportation, 2013 - 2020 (Million Tons)
Table 62 China: Liquid Nitrogen Market Size, By Function, 2013 - 2020 (USD Million)
Table 63 China: Liquid Nitrogen Market Size, By Function, 2013 - 2020 (Million Tons)
Table 64 China: Liquid Nitrogen Market Size, By Production Technology, 2013 - 2020 (USD Million)
Table 65 China: Liquid Nitrogen Market Size, By Production Technology, 2013 - 2020 (Million Tons)
Table 66 India: Liquid Nitrogen Market Size, By End-Use Industry, 2013 - 2020 (USD Million)
Table 67 India: Liquid Nitrogen Market Size, By End-Use Industry, 2013 - 2020 (Million Tons)
Table 68 India: Liquid Nitrogen Market Size, By Storage, Distribution & Transportation, 2013 - 2020 (USD Million)
Table 69 India: Liquid Nitrogen Market Size, By Storage, Distribution & Transportation, 2013 - 2020 (Million Tons)
Table 70 India: Liquid Nitrogen Market Size, By Function, 2013 - 2020 (USD Million)
Table 71 India: Liquid Nitrogen Market Size, By Function, 2013 - 2020 (Million Tons)
Table 72 India: Liquid Nitrogen Market Size, By Production Technology, 2013 - 2020 (USD Million)
Table 73 India: Liquid Nitrogen Market Size, By Production Technology, 2013 - 2020 (Million Tons)
Table 74 Japan: Liquid Nitrogen Market Size, By End-Use Industry, 2013 - 2020 (USD Million)
Table 75 Japan: Liquid Nitrogen Market Size, By End-Use Industry, 2013 - 2020 (Million Tons)
Table 76 Japan: Liquid Nitrogen Market Size, By Storage, Distribution & Transportation, 2013 - 2020 (USD Million)
Table 77 Japan: Liquid Nitrogen Market Size, By Storage, Distribution & Transportation, 2013 - 2020 (Million Tons)
Table 78 Japan: Liquid Nitrogen Market Size, By Function, 2013 - 2020 (USD Million)
Table 79 Japan: Liquid Nitrogen Market Size, By Function, 2013 - 2020 (Million Tons)
Table 80 Japan: Liquid Nitrogen Market Size, By Production Technology, 2013 - 2020 (USD Million)
Table 81 Japan: Liquid Nitrogen Market Size, By Production Technology, 2013 - 2020 (Million Tons)
Table 82 South Korea: Liquid Nitrogen Market Size, By End-Use Industry, 2013 - 2020 (USD Million)
Table 83 South Korea: Liquid Nitrogen Market Size, By End-Use Industry, 2013 - 2020 (Million Tons)
Table 84 South Korea: Liquid Nitrogen Market Size, By Storage, Distribution & Transportation, 2013 - 2020 (USD Million)
Table 85 South Korea: Liquid Nitrogen Market Size, By Storage, Distribution & Transportation, 2013 - 2020 (Million Tons)
Table 86 South Korea: Liquid Nitrogen Market Size, By Function, 2013 - 2020 (USD Million)
Table 87 South Korea: Liquid Nitrogen Market Size, By Function, 2013 - 2020 (Million Tons)
Table 88 South Korea: Liquid Nitrogen Market Size, By Production Technology, 2013 - 2020 (USD Million)
Table 89 South Korea: Liquid Nitrogen Market Size, By Production Technology, 2013 - 2020 (Million Tons)
Table 90 Rest Of Asia-Pacific: Liquid Nitrogen Market Size, By End-Use Industry, 2013 - 2020 (USD Million)
Table 91 Rest Of Asia-Pacific: Liquid Nitrogen Market Size, By End-Use Industry, 2013 - 2020 (Million Tons)
Table 92 Rest Of Asia-Pacific: Liquid Nitrogen Market Size, By Storage, Distribution & Transportation, 2013 - 2020 (USD Million)
Table 93 Rest Of Asia-Pacific: Liquid Nitrogen Market Size, By Storage, Distribution & Transportation, 2013 - 2020 (Million Tons)
Table 94 Rest Of Asia-Pacific: Liquid Nitrogen Market Size, By Function, 2013 - 2020 (USD Million)
Table 95 Rest Of Asia-Pacific: Liquid Nitrogen Market Size, By Function, 2013 - 2020 (Million Tons)
Table 96 Rest Of Asia-Pacific: Liquid Nitrogen Market Size, By Production Technology, 2013 - 2020 (USD Million)
Table 97 Rest Of Asia-Pacific: Liquid Nitrogen Market Size, By Production Technology, 2013 - 2020 (Million Tons)
Table 98 Europe: Liquid Nitrogen Market Size, By Country, 2013 - 2020 (USD Million)
Table 99 Europe: Liquid Nitrogen Market Size, By Country, 2013 - 2020 (Million Tons)
Table 100 Europe: Liquid Nitrogen Market Size, By End-Use Industry, 2013 - 2020 (USD Million)
Table 101 Europe: Liquid Nitrogen Market Size, By End-Use Industry, 2013 - 2020 (Million Tons)
Table 102 Europe: Liquid Nitrogen Market Size, By Storage, Distribution & Transportation, 2013 - 2020 (USD Million)
Table 103 Europe: Liquid Nitrogen Market Size, By Storage, Distribution & Transportation, 2013 - 2020 (Million Tons)
Table 104 Europe: Liquid Nitrogen Market Size, By Function, 2013 - 2020 (USD Million)
Table 105 Europe: Liquid Nitrogen Market Size, By Function, 2013 - 2020 (Million Tons)
Table 106 Europe: Liquid Nitrogen Market Size, By Production Technology, 2013 - 2020 (USD Million)
Table 107 Europe: Liquid Nitrogen Market Size, By Production Technology, 2013 - 2020 (Million Tons)
Table 108 Germany: Liquid Nitrogen Market Size, By End-Use Industry, 2013 - 2020 (USD Million)
Table 109 Germany: Liquid Nitrogen Market Size, By End-Use Industry, 2013 - 2020 (Million Tons)
Table 110 Germany: Liquid Nitrogen Market Size, By Storage, Distribution & Transportation, 2013 - 2020 (USD Million)
Table 111 Germany: Liquid Nitrogen Market Size, By Storage, Distribution & Transportation, 2013 - 2020 (Million Tons)
Table 112 Germany: Liquid Nitrogen Market Size, By Function, 2013 - 2020 (USD Million)
Table 113 Germany: Liquid Nitrogen Market Size, By Function, 2013 - 2020 (Million Tons)
Table 114 Germany: Liquid Nitrogen Market Size, By Production Technology, 2013 - 2020 (USD Million)
Table 115 Germany: Liquid Nitrogen Market Size, By Production Technology, 2013 - 2020 (Million Tons)
Table 116 France: Liquid Nitrogen Market Size, By End-Use Industry, 2013 - 2020 (USD Million)
Table 117 France: Liquid Nitrogen Market Size, By End-Use Industry, 2013 - 2020 (Million Tons)
Table 118 France: Liquid Nitrogen Market Size, By Storage, Distribution & Transportation, 2013 - 2020 (USD Million)
Table 119 France: Liquid Nitrogen Market Size, By Storage, Distribution & Transportation
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FEATURED COMPANIES

  • Air Liquide S.A.
  • Gulf Cryo
  • Messer Group
  • Nexair LLC
  • Praxair Inc.
  • The Linde Group
  • MORE
This report projects that the liquid nitrogen market size will grow from USD 12.48 Billion in 2015 to USD 16.14 Billion by 2020, at an estimated CAGR of 5.28%. The increasing demand in various applications such as metal fabrication, electronics, healthcare, automotive, and lighting are the major factors driving the growth of the liquid nitrogen industry. Additionally, with rapid urbanization, growth in infrastructural activities, and increasing industrialization and the medical sector across the globe, there is a rapid increase in the demand for liquid nitrogen. Liquid nitrogen is used in electronics, fabrication of specialty alloys, lasers, metals, and other industrial applications. The chemicals & pharmaceuticals segment is projected to have the largest market share and dominate the liquid nitrogen market from 2015 to 2020, as various applications in these industries use liquid nitrogen. Chemicals and medical & healthcare sectors are to play a key role in changing the liquid nitrogen landscape and grow at a high rate during the forecast period.

Coolant is projected to form the fastest-growing function in the liquid nitrogen market as it is used in many end-use industries such as metal manufacturing & construction, chemicals & pharmaceuticals, and healthcare. The cylinder & packaged distribution mode is projected to account for the largest market share in the liquid nitrogen market. Verticals such as tonnage distribution and merchant liquid distribution will be key growing distribution modes during the forecast period.

North America is projected to have the largest market share and dominate the liquid nitrogen market from 2015 to 2020. Asia-Pacific offers potential growth opportunities, as developing countries such as China and India are projected to be emerging markets, making the Asia-Pacific region the fastest-growing market for liquid nitrogen. The growth of the liquid nitrogen market in this region is driven by factors such as the growth of the metal manufacturing & fabrication industry, rise in demand for electronic products from the growing population, and economic development.

However, the structural and regulatory restrictions are restraining the growth of the liquid nitrogen market. The manufacturers must take necessary precautions in the handling, storage, & transportation of liquid nitrogen as per the regulations. The major vendors in the liquid nitrogen market include Praxair Inc. (U.S.), Air Liquide S.A. (France), The Linde Group (Germany), Messer Group (Germany), Nexair LLC. (U.S.), Taiyo Nippon Sanso Corporation (Japan), Air Products and Chemicals, Inc. (U.S.), Gulf Cryo (United Arab Emirates), Emirates Industrial Gases Co. LLC. (United Arab Emirates), and Southern Industrial Gas Berhad (Malaysia). These players adopted various strategies such as mergers & acquisitions, partnerships, joint ventures, new product developments, and business expansion to cater to the needs of the liquid nitrogen market.

Exteneded Description

"Liquid Nitrogen Market by End-Use Industry (Chemicals & Pharmaceuticals), by Storage, Distribution & Transportation (Cylinder & Packaged Gas), by Function (Coolant, Refrigerant), by Production Technology (Cryogenic Distillation) - Global Forecast to 2020"

The liquid nitrogen market is growing rapidly in accordance with the growth in the industrial gas market. Liquid nitrogen is used as a cryogen, wherever low temperatures are needed. It is used in cryosurgeries, cryotherapies, and cryopreservation to destroy decayed tissues and for removing warts, moles, skin tags, verrucae, and some skin cancers. Furthermore, it is used as a coolant in temporary shrinking of mechanical gears at the time of machine assembly, to make better intrusion fits. This function is projected to foster the demand for liquid nitrogen during the forecast period. The report aims at estimating the market size and future growth potential of the liquid nitrogen market across different segments such as function, end-use industry, production technology, distribution mode, and region. The base year considered for the study is 2014 and the market size is projected from 2015 to 2020. Factors such as growing industrialization and burgeoning energy markets and medical sector are expected to be the major drivers of the liquid nitrogen market in the next five years.

The research methodology used to estimate and forecast the liquid nitrogen market begins with capturing data on key vendor revenues through secondary research. The vendor offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure has been employed to arrive at the overall market size of the global liquid nitrogen market from the revenue of the key players. After arriving at the overall market size, the total market has been split into several segments and sub-segments, which are then verified through primary research by conducting extensive interviews with key people such as CEOs, VPs, directors, and executives. These data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and sub-segments.

The liquid nitrogen ecosystem comprises liquid nitrogen companies such as Linde Ag (Germany), Praxair Inc., (U.S.) Air Liquide S.A. (France), Nexair LLC. (U.S.), Taiyo Nippon Sanso Corporation (Japan), Air Products and Chemicals Inc. (U.S.), Gulf Cryo (United Arab Emirates), Emirates Industrial Gases Co. LLC. (United Arab Emirates), and Southern Industrial Gas BHD (Malaysia).

Target audience

- OEM companies
- Electronic equipment manufacturers
- Metal manufacturers and fabricators
- Medical equipment manufacturers
- Consulting firms

Scope of the Report

The research report segments the liquid nitrogen market into the following submarkets:

By end-use industry:

- Chemicals & pharmaceuticals
- Food & beverages
- Healthcare
- Metal manufacturing & construction
- Rubber & plastic
- Others (electronics and energy)

By storage, distribution, and transportation:

- Cylinder & packaged distribution
- Merchant liquid distribution
- Tonnage distribution

By function:

- Coolant
- Refrigerant

By manufacturing process:

- Cryogenic distillation
- Pressure swing adsorption

By region:

- North America
- Europe
- Asia-Pacific
- RoW
Note: Product cover images may vary from those shown
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- Air Liquide S.A.
- Air Products and Chemicals, Inc.
- Emirates Industrial Gases Co. LLC
- Gulf Cryo
- Messer Group
- Nexair LLC
- Praxair Inc.
- Southern Industrial Gas Berhad
- Taiyo Nippon Sanso Corporation
- The Linde Group
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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