Press Release / Business / Industrial Nitrogen Market Trends, Analysis & Forecast, 2019 – 2025

Industrial Nitrogen Market Trends, Analysis & Forecast, 2019 – 2025

Industrial Nitrogen Market size is projected to grow at a mounting rate during the estimated period owing to its extensive demand from food and beverage industry as a retention agent. Industrial nitrogen aids in creating a dry atmosphere, to keep foodstuffs from succumbing due to oxygen and moisture. In addition, it is further used in improving shelf life of the eatables and maintaining its freshness, which is swelling the demand for industrial nitrogen in the forecast timespan. Industrial nitrogen is considered as a high-purity element that is acquired by mechanical severance or fractional refinement of air.
It is generally found in gaseous or liquid structure and finds usage in several end-use operations such as in healthcare, food & beverage, automotive, chemicals, agrochemicals, and metal production. The escalating population especially in the developing countries has led to a heavy surge in the consumption of processed food products coupled with the requirement for maintaining its quality and safety. Moreover, the product also aids in diminishing the possibility of spoilage and discoloration. Additionally, the increasing awareness regarding food safety and sterile storage are likely to further propel the overall industrial nitrogen market size during the forecast period.
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However, industrial nitrogen is likely to witness obstacles regarding regulatory and structural framework. Various emerging nations are still not conducive about the production of nitrogen. This production barrier is resulting in the high product cost in these areas, that may act as a hindrance in growth of the market size during the estimated timespan. Nonetheless, mounting usage of liquid nitrogen in food and beverage industry for instant icing applications such as in the preparation of ice creams is generating copious opportunities for the product market in the projected time period.
Based on its forms, industrial nitrogen market size is segmented into liquid nitrogen and compressed gas. Compressed gas has widespread application in manufacturing flammable materials and liquefied explosives. Furthermore, electronic device usage in healthcare sector has fueled the growing liquid nitrogen consumption, as it is used to maintain low temperatures in the healthcare facilities.
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According to technology, the industrial nitrogen market is classified into pressure swing adsorption, membrane separation and cryogenic fraction distillation. Cryogenic fractional distillation is the process of separating nitrogen from oxygen. Cryogenic fractional distillation process are normally used to manufacture high purity goods at excessive production rates. It helps producing products in liquid or gas form. The operation of the technology is based on difference in boiling point of various gases.
On the basis of transportation/distribution, the product market is categorized into tonnage/pipeline, cylinders & packaged gas and bulk. Cylinders & packaged gas is the most commonly used transportation method to distribute nitrogen. The cylinders are manufactured and designed conferring to the applicable specifications and practices for the pressure and temperature involved. Cryogenic liquid cylinders are vacuum-jacketed and insulated pressure containers that come outfitted with rupture discs and safety relief valves to protect the cryogenic cylinders from pressure upsurge.
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