Liquid Nitrogen Market by Application, Usage, and Geography - Forecast and Analysis 2023-2027

Published: Apr 2023 Pages: 165 SKU: IRTNTR44921

The liquid nitrogen market size is estimated to grow at a CAGR of 6.14% between 2022 and 2027. The market size is forecast to increase by USD 5,846.77 million. The growth of the market depends on several factors, including increasing demand from healthcare industry, growing adoption of liquid nitrogen in food and beverage industry, and the rising demand for liquid nitrogen in electronics industry.

This liquid nitrogen market report extensively covers market segmentation by application (chemicals/pharma/biotech, food and beverages, metal manufacturing and construction, and others), usage (coolant and refrigerant), and geography (North America, APAC, Europe, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the Size of the Liquid Nitrogen Market During the Forecast Period?

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Liquid Nitrogen Market: Key Drivers, Trends, Challenges, and Customer Landscape

The growing adoption of liquid nitrogen in food and beverage industry are notably driving the market growth, although factors such as the fluctuating prices of liquid nitrogen may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Liquid Nitrogen Market Driver

Growing adoption of liquid nitrogen in food and beverage industry is the key factor driving the growth of the global LN2 market. The food and beverage industry is another major driver of the global liquid nitrogen market as liquid nitrogen is increasingly used in various applications. Liquid nitrogen is used in the food industry for refreezing, refrigeration, packaging, and other processes. It is widely used as a good cooling agent, especially in frozen food production. Rapid cooling with liquid nitrogen helps preserve food texture and quality and extends shelf life. Additionally, liquid nitrogen can create a smoother, creamier texture and is used to make ice cream and other frozen desserts.

Moreover, liquid nitrogen can be used to create carbonated drinks by adding pressure to the liquid nitrogen, which causes it to dissolve in the liquid, resulting in carbonation. The use of liquid nitrogen in the food and beverage industry has several advantages. Firstly, it can help improve the quality and texture of the products. These factors have contributed to the growing adoption of liquid nitrogen in the food and beverage industry, driving the growth of the global liquid nitrogen market during the forecast period.

Significant Liquid Nitrogen Market Trends

Liquid nitrogen as jet medium in petroleum engineering is the primary trend in the global LN2 market growth. Liquid nitrogen can effectively clean and remove unwanted material from oil wells, pipelines, and other equipment, making it a popular blasting medium in petroleum engineering. The use of liquid nitrogen as a blasting medium in petroleum engineering involves injecting liquid nitrogen into a well or pipeline at high pressure. This causes the liquid nitrogen to expand rapidly, creating a high-velocity jet stream that can loosen and remove clogs, scale, and other debris. This process, known as nitrogen lifting or nitrogen injection, can be used for a variety of applications including well stimulation, pipeline cleaning, and demineralization.

The increasing demand for liquid nitrogen as a jet medium in petroleum engineering is driven by several factors, including the growing need to improve the efficiency and productivity of oil and gas production, the increasing complexity of oil and gas reservoirs, and the need to extend the life of aging infrastructure. Moreover, the use of liquid nitrogen as a jet medium offers several advantages over traditional methods, including faster cleaning times, lower costs and reduced environmental impact. These factors are likely to continue driving the growth of the global liquid nitrogen market during the forecast period.

Major Liquid Nitrogen Market Challenge

Fluctuating prices of liquid nitrogen is a major challenge to the growth of the global LN2 market. Liquid nitrogen prices are subject to changes in supply and demand, energy prices, and raw material costs. The variability of these factors can lead to unpredictable prices for liquid nitrogen, which can pose challenges for both producers and consumers. Fluctuating prices can pose significant challenges to the global liquid nitrogen market. This is because the price of liquid nitrogen is highly dependent on several factors such as supply and demand, energy prices, and raw material costs. These factors are unpredictable and subject to change, which can lead to volatility in liquid nitrogen prices. For liquid nitrogen producers, fluctuating prices can create uncertainty in terms of revenues and profits. When prices are low, it may be difficult for producers to cover their costs, which can lead to reduced production levels and potential layoffs.

Conversely, when prices are high, consumers may seek alternatives or reduce their usage, leading to decreased demand and revenue for producers. Consumers of liquid nitrogen also face challenges when prices fluctuate. In summary, fluctuating prices in the global liquid nitrogen market can create challenges for both producers and consumers. These challenges can include uncertainty in revenue and profits, reduced production levels, and the need to find alternative products or solutions. Hence fluctuating prices can hamper the growth of the global liquid nitrogen market during the forecast period.

Key Liquid Nitrogen Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Liquid Nitrogen Market Customer Landscape

Who are the Major Liquid Nitrogen Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Air Products and Chemicals Inc.: The company offers liquid nitrogen such as liquid nitrogen in cryogenic liquid cylinders and cryogenic storage tanks.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • Air Liquide SA
  • AMCS Corp.
  • Asia Industrial Gases Pte. Ltd.
  • Asia Technical Gas Co Pte Ltd.
  • Buzwair Industrial Gases Factories
  • Cryomech Inc.
  • Goyal Group
  • Gulf Cryo Holding CSC
  • Linde Plc
  • Messer SE and Co. KGaA
  • MVS Engineering Pvt. Ltd.
  • Nippon Sanso Holdings Co., Ltd.
  • Statebourne Cryogenics Ltd.
  • Yingde Gas Group Co. Ltd.

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segments in the Liquid Nitrogen Market?

The market share growth by the chemicals/pharma/biotech segment will be significant during the forecast period. In the chemical industry, liquid nitrogen finds a wide array of applications, such as pressurizing gas and transporting liquids by propelling them through pipelines. In the pharmaceutical and biotechnology sector, liquid nitrogen is used to freeze medicines, chemical formulations, and biological samples for subsequent studies and research. 

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The chemicals/pharma/biotech segment was valued at USD 8,907.00 million in 2017 and continue to grow by 2021. In chemiccal industry, the stringent environmental regulations to control hazardous air pollutants, liquid nitrogen is beneficial as it reduces VOC emissions when used as a refrigerant. It condenses VOCs by cooling the emissions at a low temperature. This helps in the recovery of valuable products and encourages recycling. Liquid nitrogen, as a refrigerant, is applied through indirect heat exchange, while warmed nitrogen can be used for purging and blanketing properties. 

In the pharmaceutical and biotechnology sector, the freezing property of cryogenic liquid nitrogen helps in maintaining a low temperature in freeze-dryer chambers and condensers. Storage and use of liquid nitrogen must follow International Air Transport Association (IATA) guidelines while shipping biological materials. When materials are shipped through the air, the container carrying the materials should be shipped as a dry shipper. Such factors will increase segment growth during the forecast period.

Which are the Key Regions for the Liquid Nitrogen Market?

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North America is estimated to contribute 44% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. North America will have the major share of the global liquid nitrogen market during the forecast period. This is due to an increase in development activities, an increasing number of manufacturers and suppliers, and joint ventures and new manufacturing plants in the region. For instance, Air Products and Chemicals will have a joint venture with Linde North America to set up a manufacturing plant in New York. This plant will be producing liquid nitrogen, oxygen, and argon.  Air Products and Chemicals increased the price of its liquid nitrogen product in response to the rising cost of processing. This increase in the cost will be focused on increasing the reliability, security, safety, and efficiency of operations of the company. The demand for gases will be driven by the healthcare, construction, and metals industries in this region.

The COVID-19 pandemic posed certain challenges for the liquid nitrogen market in North America in 2020.  However, after the vaccination drive, governments of North American countries announced a series of economic packages to help industrial units return to normalcy. More investments will be required to redirect the growth of the regional economy. Such steps will drive industrial growth, thereby also fueling the demand for liquid nitrogen in the region. Moreover, rising concerns over climate change will encourage the use of clean energy in the region, which will support the growth of liquid nitrogen. Hence, the liquid nitrogen market is anticipated to grow in the region during the forecast period.

Segment Overview

The liquid nitrogen market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Application Outlook (USD Million, 2017 - 2027)
    • Chemicals/pharma/biotech
    • Food and beverages
    • Metal manufacturing and construction
    • Others
  • Usage Outlook (USD Million, 2017 - 2027)
    • Coolant
    • Refrigerant
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Argentina
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Parent Market Analysis

Technavio categorizes the global nitrogen liquid market as a part of the global commodity chemicals market within the global chemicals market. The global commodity chemicals market covers companies that primarily produce industrial and basic chemicals, including, but not limited to, plastics, synthetic fibers, films, commodity-based paints and pigments, explosives, and petrochemicals. Our market research report has extensively covered external factors influencing the parent market growth during the forecast period.

Liquid Nitrogen Market Scope

Report Coverage

Details

Page number

165

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 6.14%

Market growth 2023-2027

USD 5,846.77 million

Market structure

Fragmented

YoY growth 2022-2023(%)

5.7

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 44%

Key countries

US, China, Japan, UK, and Germany

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Air Liquide SA, Air Products and Chemicals Inc., AMCS Corp., Asia Industrial Gases Pte. Ltd., Asia Technical Gas Co Pte Ltd., Buzwair Industrial Gases Factories, Cryomech Inc., Goyal Group, Gulf Cryo Holding CSC, Linde Plc, Messer SE and Co. KGaA, MVS Engineering Pvt. Ltd., Nippon Sanso Holdings Co., Ltd., Statebourne Cryogenics Ltd., and Yingde Gas Group Co. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Liquid Nitrogen Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the market  size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behaviour
  • Growth of the market across North America, APAC, Europe, South America, and Middle East and Africa
  • Thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of market vendors

We can help! Our analysts can customize this market research report to meet your requirements. 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Usage
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global liquid nitrogen market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global liquid nitrogen market 2017 - 2021 ($ million)
    • 4.2 Application Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)
    • 4.3 Usage Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Usage Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Chemicals/pharmaceutical/biotechnology - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Chemicals/pharmaceutical/biotechnology - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Chemicals/pharmaceutical/biotechnology - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Chemicals/pharmaceutical/biotechnology - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Chemicals/pharmaceutical/biotechnology - Year-over-year growth 2022-2027 (%)
    • 6.4 Food and beverages - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Food and beverages - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Food and beverages - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Food and beverages - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Food and beverages - Year-over-year growth 2022-2027 (%)
    • 6.5 Metal manufacturing and construction - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Metal manufacturing and construction - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Metal manufacturing and construction - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Metal manufacturing and construction - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Metal manufacturing and construction - Year-over-year growth 2022-2027 (%)
    • 6.6 Others - Market size and forecast 2022-2027
      • Exhibit 46: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 47: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 6.7 Market opportunity by Application
      • Exhibit 50: Market opportunity by Application ($ million)
      • Exhibit 51: Data Table on Market opportunity by Application ($ million)

    7 Market Segmentation by Usage

    • 7.1 Market segments
      • Exhibit 52: Chart on Usage - Market share 2022-2027 (%)
      • Exhibit 53: Data Table on Usage - Market share 2022-2027 (%)
    • 7.2 Comparison by Usage
      • Exhibit 54: Chart on Comparison by Usage
      • Exhibit 55: Data Table on Comparison by Usage
    • 7.3 Coolant - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Coolant - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Data Table on Coolant - Market size and forecast 2022-2027 ($ million)
      • Exhibit 58: Chart on Coolant - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Coolant - Year-over-year growth 2022-2027 (%)
    • 7.4 Refrigerant - Market size and forecast 2022-2027
      • Exhibit 60: Chart on Refrigerant - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Data Table on Refrigerant - Market size and forecast 2022-2027 ($ million)
      • Exhibit 62: Chart on Refrigerant - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on Refrigerant - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Usage
      • Exhibit 64: Market opportunity by Usage ($ million)
      • Exhibit 65: Data Table on Market opportunity by Usage ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 67: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 68: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 69: Chart on Geographic comparison
      • Exhibit 70: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 APAC - Market size and forecast 2022-2027
      • Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 91: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 95: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 Japan - Market size and forecast 2022-2027
      • Exhibit 99: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.11 UK - Market size and forecast 2022-2027
      • Exhibit 103: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.12 Germany - Market size and forecast 2022-2027
      • Exhibit 107: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 108: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 109: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 111: Market opportunity by geography ($ million)
      • Exhibit 112: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 113: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 115: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 116: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 117: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 118: Matrix on vendor position and classification
            • 12.3 Air Liquide SA
              • Exhibit 119: Air Liquide SA - Overview
              • Exhibit 120: Air Liquide SA - Business segments
              • Exhibit 121: Air Liquide SA - Key offerings
              • Exhibit 122: Air Liquide SA - Segment focus
            • 12.4 Air Products and Chemicals Inc.
              • Exhibit 123: Air Products and Chemicals Inc. - Overview
              • Exhibit 124: Air Products and Chemicals Inc. - Business segments
              • Exhibit 125: Air Products and Chemicals Inc. - Key news
              • Exhibit 126: Air Products and Chemicals Inc. - Key offerings
              • Exhibit 127: Air Products and Chemicals Inc. - Segment focus
            • 12.5 AMCS Corp.
              • Exhibit 128: AMCS Corp. - Overview
              • Exhibit 129: AMCS Corp. - Product / Service
              • Exhibit 130: AMCS Corp. - Key offerings
            • 12.6 Asia Industrial Gases Pte. Ltd.
              • Exhibit 131: Asia Industrial Gases Pte. Ltd. - Overview
              • Exhibit 132: Asia Industrial Gases Pte. Ltd. - Product / Service
              • Exhibit 133: Asia Industrial Gases Pte. Ltd. - Key offerings
            • 12.7 Asia Technical Gas Co Pte Ltd.
              • Exhibit 134: Asia Technical Gas Co Pte Ltd. - Overview
              • Exhibit 135: Asia Technical Gas Co Pte Ltd. - Product / Service
              • Exhibit 136: Asia Technical Gas Co Pte Ltd. - Key offerings
            • 12.8 Buzwair Industrial Gases Factories
              • Exhibit 137: Buzwair Industrial Gases Factories - Overview
              • Exhibit 138: Buzwair Industrial Gases Factories - Product / Service
              • Exhibit 139: Buzwair Industrial Gases Factories - Key offerings
            • 12.9 Cryomech Inc.
              • Exhibit 140: Cryomech Inc. - Overview
              • Exhibit 141: Cryomech Inc. - Product / Service
              • Exhibit 142: Cryomech Inc. - Key offerings
            • 12.10 Goyal Group
              • Exhibit 143: Goyal Group - Overview
              • Exhibit 144: Goyal Group - Product / Service
              • Exhibit 145: Goyal Group - Key offerings
            • 12.11 Gulf Cryo Holding CSC
              • Exhibit 146: Gulf Cryo Holding CSC - Overview
              • Exhibit 147: Gulf Cryo Holding CSC - Product / Service
              • Exhibit 148: Gulf Cryo Holding CSC - Key offerings
            • 12.12 Linde Plc
              • Exhibit 149: Linde Plc - Overview
              • Exhibit 150: Linde Plc - Business segments
              • Exhibit 151: Linde Plc - Key news
              • Exhibit 152: Linde Plc - Key offerings
              • Exhibit 153: Linde Plc - Segment focus
            • 12.13 Messer SE and Co. KGaA
              • Exhibit 154: Messer SE and Co. KGaA - Overview
              • Exhibit 155: Messer SE and Co. KGaA - Product / Service
              • Exhibit 156: Messer SE and Co. KGaA - Key offerings
            • 12.14 MVS Engineering Pvt. Ltd.
              • Exhibit 157: MVS Engineering Pvt. Ltd. - Overview
              • Exhibit 158: MVS Engineering Pvt. Ltd. - Product / Service
              • Exhibit 159: MVS Engineering Pvt. Ltd. - Key offerings
            • 12.15 Nippon Sanso Holdings Co., Ltd.
              • Exhibit 160: Nippon Sanso Holdings Co., Ltd. - Overview
              • Exhibit 161: Nippon Sanso Holdings Co., Ltd. - Product / Service
              • Exhibit 162: Nippon Sanso Holdings Co., Ltd. - Key offerings
            • 12.16 Statebourne Cryogenics Ltd.
              • Exhibit 163: Statebourne Cryogenics Ltd. - Overview
              • Exhibit 164: Statebourne Cryogenics Ltd. - Product / Service
              • Exhibit 165: Statebourne Cryogenics Ltd. - Key offerings
            • 12.17 Yingde Gas Group Co. Ltd.
              • Exhibit 166: Yingde Gas Group Co. Ltd. - Overview
              • Exhibit 167: Yingde Gas Group Co. Ltd. - Product / Service
              • Exhibit 168: Yingde Gas Group Co. Ltd. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 169: Inclusions checklist
                • Exhibit 170: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 171: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 172: Research methodology
                • Exhibit 173: Validation techniques employed for market sizing
                • Exhibit 174: Information sources
              • 13.5 List of abbreviations
                • Exhibit 175: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              liquid nitrogen market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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