Global Liquid Nitrogen Market- Industry Analysis and forecast 2020 – 2027
Maximize Market Research’s latest report, ” Global Liquid Nitrogen Market Global Demand Analysis and Opportunity Outlook 2027″, offers a comprehensive analysis of the market. It provides market segments by type and shape, as well as end-user industries and regions.
Global Liquid Nitrogen Market size was valued US$ xx Mn. in 2019 and the total revenue is expected to grow about CAGR 5.27% from 2020 to 2027, reaching nearly US$ xx Mn.
Global Liquid Nitrogen Market Overview
Liquid nitrogen is a form of liquid under pressure and has a very low temperature. The extremely low temperature of liquid nitrogen makes it a cryogenic liquid. Cryogenic liquids are gases which are liquefied and have a boiling point below –90°C (–130°F). The Liquid Nitrogen has a –196°C (-320°F) boiling point. The handling and storage of liquid nitrogen requires special equipment and material. Liquid nitrogen is contained in special sealed containers to avoid build-up of pressure. Depending on the design of the Dewar flask, it can be kept for hours or up to a few weeks.
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Global Liquid Nitrogen Market Major Market Players
• Air Products and Chemicals Inc.
• Linde Ag
• Praxair Inc.,
• Nexair LLC.
• Air Liquide S.A.
• Taiyo Nippon Sanso Corporation
• Gulf Cryo
• Emirates Industrial Gases Co. LLC.
• Southern Industrial Gas BHD
• The Linde Group
• Messer Group
• AMCS Corporation
• Statebourne Cryogenics Ltd
• Asia Industrial Gases Pte. Ltd
The Market Impact of COVID-19
The COVID-19 epidemic has quickly spreaded since its inception in Wuhan (China), in December 2019.
All around the globe. As of March 2020, the US and China were the most affected. The COVID-19 crisis has had a significant impact on many countries, resulting in travel bans or lockdowns. Industries. This outbreak has severely affected the global food and beverage industries.
This includes office closures, cancellations of technology events, and supply chain disruptions. China is the world’s largest manufacturing country and has the largest number of raw material suppliers. COVID-19 has an adverse effect on overall production because it closes factories and creates supply chain challenges. Market growth.
Segmentation of Global Liquid Nitrogen Market by Types and Applications:
Global Liquid Nitrogen Market, By End-use Industry
• Chemicals & pharmaceuticals
• Food & beverage
• Cryogenic distillation
• Metal manufacturing & construction
• Rubber & Plastic
• Others (electronics and energy)
Global Liquid Nitrogen Market, By Function
• Coolant
• Refrigerant
Global Liquid Nitrogen Market, By Storage, Distribution, and Transportation
• Cylinder & packaged distribution
• Merchant liquid distribution
• Tonnage distribution
Global Liquid Nitrogen Market, By Manufacturing Process
• Cryogenic distillation
• Pressure swing adsorption
Global Liquid Nitrogen Market, by Region
• Asia Pacific
• North America
• Europe
• South America
• Middle East & Africa
The report has covered the market size by country (regions) for the global Liquid Nitrogen market. Segment by Application. The Liquid Nitrogen Market is divided into the North America Europe, ASIA Pacific, Middle East & Africa. The report also includes market size estimates by region. 2019-2027 Forecasts and market size for each type and segment are included. Sales and revenue are included for the period 2019-2027.
Analysis of the Liquid Nitrogen Market Share and Competitive Landscape:
This report provides a detailed analysis of the Global Liquid Nitrogen Market for all stakeholders. . It also contains historical and forecasted market size information. Trends are also included in the report. The report is simple and simplifies complicated data using simple language. This report includes information on all aspects of the industry, as well as key players like market leaders, followers and new entrants. The report includes a PORTER, SVOR and a PESTEL analysis. The report also analyzes the potential market impact of microeconomic variables. This report examines both internal and external factors that can have a positive or negative effect on the business. This report will provide a clear view of the industry for decision-makers.
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