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Industrial Nitrogen Generator Market Trends, Growth, Forecast and Study Analysis 2022-2028

Industrial nitrogen generator Market, Size and Segment By Technology Type (PSA, Membrane based, Cryogenic based) By Size (Stationary, Portable) By Design (Cylinder based, Plug & play) By End-use industry (Food & beverage, Medical & Pharmaceutical, Transportation, Electrical & Electronics, Chemical & Petrochemical, Manufacturing, Packaging, Others), by Regions and Global Forecast 2022-2028

Report Id: SNS/C&M/1980 | June 2022 | Region: Global | 125 Pages

Report Scope & Overview:

Industrial nitrogen generator Market Size was valued at expected to reach USD 6.3 billion by 2028, and USD 4.4 billion in 2021 and grow at a CAGR of 5.2 % over the forecast period 2022-2028.  Oxygen, nitrogen, argon, carbon dioxide, helium, acetylene, and hydrogen are all gases that are mostly made for use in industry. These gases are used in many different fields, like oil and gas, mining, and making steel.

Nitrogen is an industrial gas that is used a lot in many different industries. Usually, it is made by taking nitrogen out of air. About 78 percent of air is made up of nitrogen, about 21 percent of air is made up of oxygen, and 1 percent is made up of other gases. With the help of a nitrogen generator, which uses air to make nitrogen, nitrogen can be made.

Industrial nitrogen generator Market Revenue Graph

Nitrogen gas is a very important part of the manufacturing process in many industries. Nitrogen is used in chemical blanketing, food packaging, electronics, labs, and many other places. Nitrogen generators are used a lot in these industries to get enough high-quality nitrogen for the work that needs to be done.

Market Dynamics:

Drivers:

  • Demand from the Food and Beverage Industry is Growing

  • The Healthcare Industry in Emerging Economies is Growing

Restraints:

  • Regulations with Strict Restrictions and Measures

Opportunity:

  • Chemical Industry Demand Is Growing

Challenge:

  • Nitrogen Gas Production Is Expensive

Impact of Covid-19:

Food & beverage, medical & pharmaceutical, transportation, electrical & electronics, chemical & petrochemical, and other industries employ industrial nitrogen generators. Food and beverage, transportation, and chemical industries, among others, have all been touched by the current pandemic. During the lockdown era in 2020, the COVID-19 epidemic hindered the expansion of the water sector. Supply chain disruptions, a shift in demand patterns, and other emergency measures have to be dealt with in the industrial sector. During the crisis, there was a drop in revenue and a reduction in capital expenditures. Long-term CAPEX planning to develop resilience, maintaining adequate sanitation at workplaces, government fiscal support, better supply chain planning, proper communication, and resuming industrial activities are all likely to boost revenue and stabilise growth in the short term.

Various uncertainties in operations, safety procedures, supply chain disruptions, emergency responses, continuous situational awareness, incident management, recreation of business models and strategies, financial pressures, and increased digitalization were all faced by the food and beverage industry. Lockdowns and a lack of staff affected automotive production in the transportation industry.

Key Players:

Atlas Copco AB, Hitachi Ltd, Oxymat A/S, Linde Plc, NOVAIR S.A.S (NOXERIOR S.R.L.), Air Products And Chemicals Inc., L’Air Liquide S.A.

Market Segmentation:

By Technology Type:

  • PSA

  • Membrane based

  • Cryogenic based

By Size

  • Stationary

  • Portable

By Design:

  • Cylinder based

  • Plug & play

By End-use industry:

  • Food & beverage

  • Medical & Pharmaceutical

  • Transportation

  • Electrical & Electronics

  • Chemical & Petrochemical

  • Manufacturing

  • Packaging

  • Others

Industrial nitrogen generator Market Segment Pie Chart

Regional Analysis:

In terms of geography, the global nitrogen generator market can be split into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa.

Due to the high demand for nitrogen generators in North America, especially in the U.S., this region is expected to lead the global market for nitrogen generators over the next few years.

During the forecast period, the Asia-Pacific nitrogen generator market is expected to grow at a fast rate. This is mostly due to the growth of end-user industries in the region, such as the food and beverage, aviation, and pharmaceutical industries. It is expected that developing economies like China and India will have a big impact on the global nitrogen generator market in the region. This is mainly because end-user industries in these countries have a lot of room to grow.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Industrial nitrogen generator Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 4.4 Billion
Market Size by 2028 US$ 6.3 Billion
CAGR CAGR of 5.2% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Technology Type (PSA, Membrane based, Cryogenic based)
• By Size (Stationary, Portable)
• By Design (Cylinder based, Plug & play)
• By End-use industry (Food & beverage, Medical & Pharmaceutical, Transportation, Electrical & Electronics, Chemical & Petrochemical, Manufacturing, Packaging, Others)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Atlas Copco AB, Hitachi Ltd, Oxymat A/S, Linde Plc, NOVAIR S.A.S (NOXERIOR S.R.L.), Air Products And Chemicals Inc., L’Air Liquide S.A.
DRIVERS • Demand from the Food and Beverage Industry is Growing
• The Healthcare Industry in Emerging Economies is Growing
Restraints • Regulations with Strict Restrictions and Measures


Frequently Asked Questions (FAQ) :

Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.

Ans:  Nitrogen Gas Production Is Expensive are the challenges faced by the Industrial Nitrogen Generator Market.

 Ans: Atlas Copco AB, Hitachi Ltd, Oxymat A/S, Linde Plc, NOVAIR S.A.S (NOXERIOR S.R.L.), Air Products And Chemicals Inc., L’Air Liquide S.A. are the major key players of Industrial Nitrogen Generator Market.

 

Ans: Demand from the Food and Beverage Industry is Growing and The Healthcare Industry in Emerging Economies is Growing are the drivers for Industrial Nitrogen Generator Market.

 

Ans: Global Industrial nitrogen generator Market Size was valued at expected to reach USD 6.3 billion by 2028, and USD 4.4 billion in 2021 and grow at a CAGR of 5.2 % over the forecast period 2022-2028. 

 


Table of Contents

 

1. Introduction

1.1.Market Definition

1.2.Scope

1.3.Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1.Drivers

3.2.Restraints

3.3.Opportunities

3.4.Challenges

 

4. Impact Analysis

4.1.COVID 19 Impact Analysis

4.2.Impact of Ukraine-Russia War

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7. PEST Analysis

 

8. Industrial nitrogen generator Market Segment, By Technology Type

8.1.PSA

8.2.Membrane based

8.3.Cryogenic based

 

9. Industrial nitrogen generator Market Segment, By Size

9.1.Stationary

9.2.Portable

 

10. Industrial nitrogen generator Market Segment, By Design

10.1.Cylinder based

10.2.Plug & play

 

11. Industrial nitrogen generator Market Segment, By End-use industry

11.1.Food & beverage

11.2.Medical & Pharmaceutical

11.3.Transportation

11.4.Electrical & Electronics

11.5.Chemical & Petrochemical

11.6.Manufacturing

11.7.Packaging

11.8.Others

 

 

12.Regional Analysis

12.1.Introduction

12.2.North America

12.2.1.USA

12.2.2.Canada

12.2.3.Mexico

12.3.Europe

12.3.1.Germany

12.3.2.UK

12.3.3.France

12.3.4.Italy

12.3.5.Spain

12.3.6.The Netherlands

12.3.7.Rest of Europe

12.4.Asia-Pacific

12.4.1.Japan

12.4.2.South Korea

12.4.3.China

12.4.4.India

12.4.5.Australia

12.4.6.Rest of Asia-Pacific

12.5.The Middle East & Africa

12.5.1.Israel

12.5.2.UAE

12.5.3.South Africa

12.5.4.Rest

12.6. Latin America

12.6.1.Brazil

12.6.2.Argentina

12.6.3.Rest of Latin America

 

13.Company Profile

14.Atlas Copco AB

14.1.1.Financial

14.1.2.Products/ Services Offered

14.1.3.SWOT Analysis

14.1.4.The SNS view

14.2 Hitachi Ltd

14.3 Oxymat A/S

14.4 Linde Plc

14.5 NOVAIR S.A.S (NOXERIOR S.R.L.)

14.6 Air Products And Chemicals Inc.

14.7 L’Air Liquide S.A.

15.Competitive Landscape

15.1.Competitive Benchmark

15.2.Market Share Analysis

15.3.Recent Developments

 

13. Conclusion

 

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Secondary Research

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