$21.3 Billion Liquid Nitrogen Market Analysis By Technology, Function, By Storage & Distribution, 2014 – 2025 – Research and Markets

DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “Liquid
Nitrogen Market Analysis By Technology (Cryogenic Distillation, Pressure
Swing Adsorption), By Function (Coolant, Refrigerant), By Storage &
Distribution, By End-use, And Segment Forecasts, 2014 – 2025”
report to their offering.

The global liquid nitrogen market is expected to reach USD 21.3 billion
by 2025

Globally, increasing consumption of electronic goods has been a major
factor driving the market growth. In addition, growing healthcare
industry has led to increase in demand for liquid nitrogen.

Due to its low temperature property it is used as a cryogen in
cryotherapies, cryosurgeries, and cryopreservation to remove skin tags,
warts, verrucae, skin cancers, and moles in addition to demolishing the
decayed tissues. Liquid nitrogen shrink fitting solutions are one of the
best fitted solutions for joining of two metals which cannot be welded,
cemented or soldered.

Rising demand in various application sectors including automotive,
metals & fabrication, rubber & plastic, healthcare, electronics,
construction, and food & beverages is projected to propel the market
over the coming years. Rapid industrialization, infrastructural, and
medical activities is anticipated to augment the market growth from 2017
to 2025.

Coolant function was projected to be the largest segment over the
forecast period with a market share of 61.1% in terms of revenue in
2016. It is used in large number of applications to maintain low
temperature such as food & beverages, electronics, chemicals, storage
medium, healthcare, and metal fabrication to maintain low temperatures.

Key players including, The Linde Group, Praxair Inc., Air Liquide S.A.
and Air Products & Chemicals dominated the global liquid nitrogen market
while accounting formajor share of the total volume in 2016

Key Topics Covered:

1. Methodology and Scope

2. Executive Summary

3. Liquid Nitrogen Industry Outlook

4. Liquid Nitrogen Market: Technology Outlook

5. Liquid Nitrogen Market: Function Outlook

6. Liquid Nitrogen Market: Storage Outlook

7. Liquid Nitrogen Market: End-use Outlook

8. Liquid Nitrogen Market: Regional Outlook

9. Competitive Landscape

10. Company Profiles

• The Linde Group
• Praxair Inc.
• Air Liquide S.A.
• Air Products and Chemicals, Inc
• Gulf Cryo
• Southern Industrial Gas Berhad
• Messer Group
• Emirates Industrial Gases Co.LLC
• Taiyo Nippon Sanso Corporation
• Nexair LLC

For more information about this report visit https://www.researchandmarkets.com/research/4hf7wl/liquid_nitrogen

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Related
Topics: Refrigerants