Global Liquid Nitrogen Market to hit US$ 17 bn by 2025 Liquid Nitrogen Market | Page 3

Browse key industry insights spread across 146 pages with 243 market data tables &
18 figures & charts from the report, “Liquid Nitrogen Market Size By
Transportation (On-Site Production, Bulk Liquid, Packaged), By End-user
(Automotive, Chemical & Pharmaceutical, Rubber & Plastic, Food &
Beverages, Healthcare, Metal Fabrication, Oil & Gas) Industry Analysis Report,
Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia,
China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South
Africa, Saudi Arabia, UAE), Application Growth Potential, Price Trends,
Competitive Market Share & Forecast, 2018 – 2025” in detail along with the table
of contents: https://bit.ly/2u9OjwD
Asia Pacific liquid nitrogen market shall grow with a highest CAGR during the
forecast timespan, owing to the growth of end-use industries in the region. China is
having the largest market share in global automobile manufacturing and is growing
with prominent CAGR. Pharmaceutical is the largest product end-user and shall
create the major liquid nitrogen demand in near future.
North America was another major region in 2017 and will grow with a significant
growth rate. This can be attributed to the rapidly increasing oil & gas industry in the
region. Liquid nitrogen plays an important role in discovery and manufacturing of
shale gas. Since 2014, the U.S. have started the production of shale gas from its
northern regions at rapid pace. This increased production of oil & gas in North
America is likely to fuel the liquid nitrogen market growth in the region.
Global liquid nitrogen market comprises many large multinational players as well as
mid-scale and small-scale vendors. Some prominent players operating in the
industry are Taiyo Nippon Sanso Corporation, Southern Industrial Gas Berhad,
Emirates Industrial Gas Co. LLC, Air Liquide S.A., Nexair LLC, Messer Group, Linde
Ag, Gulf Cryo, Praxair Inc. and Air products and Chemical Inc.
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