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Industrial Nitrogen Generator Market Report Scope & Overview:

The Industrial Nitrogen Generator Market Size was valued at expected to reach USD 11 billion by 2031, and USD 7.30 billion in 2023 and grow at a CAGR of 5.2% over the forecast period 2024-2031. 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% of air is made up of nitrogen, about 21% 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 Analysis

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.

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 Segmentation Analysis

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

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.

Atlas Copco AB-Company Financial Analysis

Industrial nitrogen generator Market Report Scope:
Report Attributes Details
Market Size in 2023 US$ 7.30 Billion
Market Size by 2031 US$ 11 Billion
CAGR CAGR of 5.2% From 2024 to 2031
Base Year 2023
Forecast Period 2024-2031
Historical Data 2020-2022
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

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 is expected to reach USD 11 billion by 2031

 

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
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World

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
13.Atlas Copco AB
13.1.1.Financial
13.1.2.Products/ Services Offered
13.1.3.SWOT Analysis
13.1.4.The SNS view
13.2 Hitachi Ltd
13.3 Oxymat A/S
13.4 Linde Plc
13.5 NOVAIR S.A.S (NOXERIOR S.R.L.)
13.6 Air Products And Chemicals Inc.
13.7 L’Air Liquide S.A.

14.Competitive Landscape
14.1.Competitive Benchmark
14.2.Market Share Analysis
14.3.Recent Developments

15. Conclusion

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Secondary Research

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Primary Research

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Data Bank Validation

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