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Liquid Nitrogen - Market Forecast 2020-2025 | Latest Trends and Opportunities

New research report on Liquid Nitrogen market, which is a detailed analysis of this business space inclusive of the trends, competitive landscape, and the market size. Encompassing one or more parameters among product analysis, application potential, and the regional growth landscape, Liquid Nitrogen market also includes an in-depth study of the industry's competitive scenario.

Global liquid nitrogen market will be driven by rapidly growing food & beverages industry across the globe. It is used in the food & beverages to freeze the food products rapidly and to preserve & transport it. Owing to the increasing population and shift in consumer preferences, food & beverages industry is likely to grow with a significant CAGR. Chemical & pharmaceutical was the major end-user of liquid nitrogen in 2017. This can be attributed to the increasing usage of liquid nitrogen in pharmaceutical industry. It is used in the pharmaceutical industry from raw material preparation to the final product packaging. Liquid nitrogen demand in chemical & pharmaceutical is forecast to remain the highest during the forecast period.

Global Liquid Nitrogen Market is forecast to exceed USD 17.2 billion by 2025; according to a new research report.

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Automobile end-use segment is projected to grow with a highest CAGR over the forecast period. This can be attribute to the rapidly growing automobile industry in Asia Pacific. Automobile manufacturers are trying to manufacture the engines which will run on the liquid nitrogen. Liquid nitrogen is an environment friendly and cost-effective alternative for petroleum-based fuel. Rubber & plastic manufacturing will create major product demand during the forecast period, owing to the growing rubber & plastic production across the globe from past few years.

Liquid Nitrogen - Market Forecast 2020-2025 | Latest Trends and Opportunities
Liquid Nitrogen - Market Forecast 2020-2025 | Latest Trends and Opportunities

Request Sample Copy of this Report @ https://www.cuereport.com/request-sample/12626

However, stringent regulations regarding product usage in the food & beverages are likely to hamper the product demand over the forecast timespan. Many governments and government-controlled agencies are banning the usage of liquid nitrogen in food & beverages industry. For instance, government of Haryana (India) banned the usage of liquid nitrogen in food & drinks, due to its adverse effect on the human health. Many other states in India are likely to follow the Haryana?s footstep in near future.

Asia Pacific created the major chunk of product demand in 2017 and is anticipated to grow with a highest CAGR over the forecast period. This can be attributed to the increasing automobile manufacturing in the region. More than half of the global passenger & commercial vehicles are manufactured in Asia Pacific. This exponential size of the automobile industry shall fuel the liquid nitrogen demand in near future. North America liquid nitrogen demand shall grow with a healthy CAGR, owing to its matured food & beverage industry and increasing demand for the ready to eat products in the region.

On-Site production was the major transportation segment in 2017 and shall grow with a highest CAGR during the forecast period. Remoteness is removed by the on-site production and it gives flexibility in production. In addition, it is cost effective and more environment friendly method, owing to which its is likely to grow with a highest CAGR in next few years. It is the most convenient mode of transportation to the end-users who need liquid nitrogen in bulk and on daily basis.

Many multinational giants and local companies are operating in the liquid nitrogen market. Some prominent players working in the industry are Air Liquide S.A., Taiyo Nippon Sanso Corporation, Messer Group, Southern Industrial Gas Berhad, Emirates Industrial Gas Co. LLC, Linde Ag, Gulf Cryo, Nexair LLC, Praxair Inc. and Air products and Chemical Inc.

Liquid Nitrogen research report includes in-depth coverage of the industry, with estimates & forecast in terms of revenue in Million Liters and USD million from 2014 to 2025, for the following segments:

Liquid nitrogen market, transportation by end-user

o On-Site Production

Automotive

Chemical & Pharmaceutical

Rubber & Plastic

Food & Beverages

Healthcare

Metal Fabrication

Oil & Gas

Others

o Bulk Liquid

Automotive

Chemical & Pharmaceutical

Rubber & Plastic

Food & Beverages

Healthcare

Metal Fabrication

Oil & Gas

Others

o Packaged

Automotive

Chemical & Pharmaceutical

Rubber & Plastic

Food & Beverages

Healthcare

Metal Fabrication

Oil & Gas

Others

Plant growth regulators market by end-user

Automotive

Chemical & Pharmaceutical

Rubber & Plastic

Food & Beverages

Healthcare

Metal Fabrication

Oil & Gas

Others

?

Major Highlights from Table of contents are listed below for quick lookup into Liquid Nitrogen Market report

Chapter 1. Competitive Landscape

  • Company market share
  • Liquid Nitrogen Market Competitive analysis of key market players
  • Competitive analysis of other prominent vendors

Chapter 2. Company Profiles

  • Business Overview
  • Financial Data
  • Product portfolio
  • Strategic Outlook
  • SWOT Analysis

Chapter 3. Methodology & Scope

  • Methodology
  • Initial data exploration
  • Liquid Nitrogen Market Statistical model and forecast
  • Industry insights and validation
  • Liquid Nitrogen Market Scope
  • Definition
  • Methodology and forecast parameters
  • Data Sources

Chapter 4. Executive Summary

  • Liquid Nitrogen industry 360º synopsis - 2025
  • Liquid Nitrogen Business trends
  • Region trends

Chapter 5. Liquid Nitrogen industry Insights

  • Liquid Nitrogen Industry segmentation
  • Industry landscape 2025
  • Industry Pitfalls and Challenges
  • Threat of new entrants
  • Threat of substitutes
  • Liquid Nitrogen Market Growth potential analysis

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