The global Nitrogen Generators market was valued at US$ 415.8 million in 2020 and it is expected to reach US$ 531.2 million by the end of 2027, growing at a CAGR of 3.6% during 2021-2027.
Nitrogen gas is an industrial gas produced using air separation by mechanical means by taking atmospheric air (the air that you are breathing – 78% nitrogen & 20.9% oxygen), pressurizing it in an air compressor and then separating it with either a membrane or PSA (pressure swing adsorption) generator. Nitrogen can be supplied by high pressure nitrogen cylinders; dewars of liquid nitrogen; or bulk liquid nitrogen or a nitrogen generator.
The key players of Nitrogen Generators include Air Liquide, Linde Engineering, Parker Hannifin, Peak Scientific, Praxair, etc. The top five players of Nitrogen Generators account for approximately 39% of the total market. Europe is the largest market of Nitrogen Generators accounting for about 33%, followed by North America and Asia-Pacific. In terms of Type, PSA Nitrogen Generators is the largest segment, with a share about 78%. And in terms of Application, the largest application is General Industrial, followed by Food & Beverage.
Global Nitrogen Generators Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Nitrogen Generators Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Air Liquide, Linde Engineering, Parker Hannifin, Peak Scientific, Atlas Copco, Praxair, Air Products & Chemicals, Taiyo Nippon Sanso, PCI Gases, Oxymat, Grasys, Inmatec Gase Technologie, Holtec Gas Systems, Kuraray, MVS Engineering, Novair Noxerior, Sysadvance, Claind, AirSep, Rich, Absoger, On Site Gas Systems, Erredue, Mahler Ags, Isolcell, SMC, Generon, Air Water Bellpearl, South-Tek Systems, Fizz Dispense Optimization and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- PSA Nitrogen Generators
- Membrane Nitrogen Generators
Segment by Application
- Chemical & Petrochemical
- General Industrial
- Food & Beverage
Table of Content:
1 Nitrogen Generators Market Overview
2 Nitrogen Generators Market Competition by Manufacturers
3 Nitrogen Generators Retrospective Market Scenario by Region
4 Global Nitrogen Generators Historic Market Analysis by Type
5 Global Nitrogen Generators Historic Market Analysis by Application
6 Key Companies Profiled
7 Nitrogen Generators Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Nitrogen Generators Market Dynamics
10 Global Nitrogen Generators Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.