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Nitrogen Gas Market Research Report: By Application (Chemicals, Food and Beverages, Electronics, Medical, Metals and Mining, Others), By Grade (Industrial Grade, Research Grade, Medical Grade, Ultra High Purity Grade, Others), By Packaging (Cylinders, Tanks, Tubes, Bulk Storage, Others), By Distribution Channel (Direct Sales, Distributors, Online Platforms, Wholesalers, Others) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2032.


ID: MRFR/CnM/23380-HCR | 111 Pages | Author: Priya Nagrale| September 2024

Global Nitrogen Gas Market Overview


Nitrogen Gas Market Size was estimated at 46.27 (USD Billion) in 2022. The Nitrogen Gas Industry is expected to grow from 47.75(USD Billion) in 2023 to 63.4 (USD Billion) by 2032. The Nitrogen Gas Market CAGR (growth rate) is expected to be around 3.2% during the forecast period (2023 - 2032).


Key Nitrogen Gas Market Trends Highlighted


The nitrogen gas market is witnessing a surge, driven by the escalating demand from diverse industries such as electronics, chemicals, and food beverages. The widespread adoption of nitrogen gas in semiconductor manufacturing, where it is used as a protective atmosphere during the production of integrated circuits, has fueled the market's growth. Additionally, the burgeoning use of nitrogen gas in food packaging to extend shelf life and preserve freshness has further propelled market expansion.


Opportunities for growth abound in the nitrogen gas market. The rising adoption of nitrogen-filled tires, which provide improved fuel efficiency and reduced tire wear, has opened up new avenues for market expansion. Moreover, the increasing demand for nitrogen gas in medical applications, particularly in cryogenic therapy and as a carrier gas in medical devices, presents untapped opportunities for market players.


Recent trends in the nitrogen gas market include the growing emphasis on sustainable and energy-efficient nitrogen production technologies. Companies are investing in innovative methods to reduce the carbon footprint of nitrogen production, such as using renewable energy sources and optimizing plant operations. Another notable trend is the emergence of on-site nitrogen generation systems, which offer cost and logistical advantages compared to traditional methods of nitrogen supply.


Nitrogen Gas Market Overview


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Nitrogen Gas Market Drivers


Growing Demand from Electronics Industry


Nitrogen gas is consumed on a large scale in the electronics industry and is utilized in the manufacturing of semiconductors, flat panel displays, and other electronic devices. The increasing demand for Nitrogen gas in the electronics industry is due to the surge in demand for electronic devices such as Smartphones, laptops, tablets, and others. In addition, the growing use of advanced technologies, including artificial intelligence and IoT, is further expected to surge the demand in the electronics industry for Nitrogen gas.Considering the aforementioned benefits, the  Nitrogen Gas Market Industry is projected to have a significant growth in the upcoming till 2024.


Rising Use in the Food and Beverage Industry


Many food and beverage applications apply nitrogen gas to keep food fresh and prevent oxygen from deteriorating the taste or quality of food products such as fruits and vegetables. Nitrogen gas is also used in the manufacturing of beer and other types of carbonated drinks. The market for nitrogen gas within the food and beverage sector is driven by the growing demand for packaged food and beverages. In addition, the rising popularity of craft beer and other alcoholic beverages also boosts the market.


Increasing Adoption in the Healthcare Sector


Nitrogen gas is used in a variety of medical applications, such as cryosurgery, anesthesia, and respiratory therapy. The growing demand for minimally invasive surgeries and the increasing prevalence of chronic diseases are driving the growth of the nitrogen gas market in the healthcare sector.


Nitrogen Gas Market Segment Insights


Nitrogen Gas Market Application Insights


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Nitrogen Gas Market By Application


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Nitrogen Gas Market Grade Insights


The Nitrogen Gas Market is segmented on the basis of Grade into Industrial Grade, Research Grade, Medical Grade, Ultra High Purity Grade, and Others. The Industrial Grade segment dominated the Nitrogen Gas Market in 2023 and is expected to hold the leading position throughout the forecast period. Nitrogen gas is increasingly being used in various industrial applications, such as metalworking, electronics, and food and beverage processing. For instance, the metalworking industry uses nitrogen gas as a shielding gas to prevent oxidation during welding and cutting processes.This ensures the high quality of welds. Meanwhile, the Research Grade segment is expected to grow at a CAGR of 7.0% over the forecast period. The demand for nitrogen gas is increasing in research and development R activities. Nitrogen gas is widely used in various applications, such as cryopreservation, chromatography, and spectroscopy. For example, in cryopreservation, nitrogen gas is used to keep biological samples at ultra-low temperatures for long-term storage and maintain the viability of cells and tissues. Moreover, the Medical Grade segment is expected to register a steady CAGR over the forecast period.Nitrogen gas is used in surgical, anesthesia, and respiratory medical applications. For example, in surgery, nitrogen gas inflates laparoscopic instruments to get a clear view of the internal body part and to minimize any damage to other organs. Furthermore, the Ultra High Purity Grade segment accounts for the smallest market share but is expected to grow at a rapid rate. The demand for high-purity nitrogen gas is increasing with the development of semiconductor manufacturing and other high-tech applications. Ultra-high purity nitrogen gas is used as a carrier gas and a purge gas in the production of semiconductors.Finally, the Others segment includes a variety of specialty grade nitrogen gas, such as food grade nitrogen gas and zero grade nitrogen gas that are used in any specific application for food packaging and analytical chemistry, respectively.


Nitrogen Gas Market Packaging Insights


The Packaging segment is anticipated to garner a significant share of the  Nitrogen Gas Market revenue due to the increasing demand for nitrogen gas in the packaging industry. Nitrogen gas is used to create a modified atmosphere packaging (MAP), which helps extend the shelf life of food products by reducing the growth of microorganisms. Cylinders are the most commonly used type of packaging for nitrogen gas, offering portability and ease of handling. Tanks are preferred for larger volumes, providing a cost-efficient solution for industrial applications.Tubes are used for specialized applications where precise delivery of nitrogen gas is required. Bulk storage systems are employed for large-scale storage and distribution of nitrogen gas, catering to industries with high consumption needs. Other packaging options include specialized containers designed for specific applications, such as cryogenic storage and transportation.


Nitrogen Gas Market Distribution Channel Insights


The distribution channel segment plays a crucial role in the  Nitrogen Gas Market as it involves various channels through which nitrogen gas is distributed to end-users. Direct sales involve the sale of nitrogen gas directly from the manufacturer to the end-user, offering higher margins and control over distribution. Distributors act as intermediaries between manufacturers and end-users, holding inventory and managing logistics, enabling efficient distribution across regions. Online platforms provide a convenient channel for customers to purchase nitrogen gas remotely, offering a wide selection and competitive pricing.Wholesalers purchase nitrogen gas in bulk from manufacturers and resell it to distributors or end-users, providing economies of scale and optimizing supply chain efficiency. Other distribution channels include specialty gas suppliers, rental companies, and value-added resellers, catering to specific market segments and offering value-added services such as gas handling equipment and technical support.


Nitrogen Gas Market Regional Insights


The regional segmentation of the  Nitrogen Gas Market provides insights into the market's geographical distribution and growth potential. North America held the largest market share in 2023, accounting for approximately 37.5% of the  revenue. The region's robust industrial sector, particularly in the chemical and manufacturing industries, drives the demand for nitrogen gas. Europe is another significant region, with a market share of around 28.2% in 2023. The region's stringent environmental regulations and growing awareness of the benefits of nitrogen gas in various applications contribute to its market growth.APAC is expected to exhibit the highest CAGR during the forecast period, owing to the region's rapidly expanding economies and growing population. South America and MEA are also expected to experience steady growth in the Nitrogen Gas Market, driven by increasing industrialization and infrastructure development.


Nitrogen Gas Market By Region


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Nitrogen Gas Market Key Players And Competitive Insights


The Nitrogen Gas Market is expected to increase by 13% year-on-year in 2020 due to the COVID-19 outbreak. Major players in Nitrogen Gas Market industry are expanding their presence through mergers and acquisitions. Leading Nitrogen Gas Market players are focusing on research and development to improve their Nitrogen Gas Market range. The Nitrogen Gas Market is being driven by the increasing use of nitrogen gas in various industries. Praxair, Air Liquide, and Air Products are some of the leading players in the Nitrogen Gas Market industry.


Praxair is a  industry supplier of industrial gases. The company was founded in 1907 and is headquartered in Danbury, Connecticut, United States. Specialties in the chemicals, food and beverage, healthcare, and manufacturing industry.


Praxair offers a variety of types of nitrogen gas production, delivery, and storage. The company has a major presence in the Americas, Europe, and Asia. Some of the Praxair highlighted in the study are air separation and related sucked gases, nitric and hydrochloric acids, and hydrogen gas-liquid.


Key Companies in the Nitrogen Gas Market Include



  • Qatar Industrial Gases Company (QIGC)

  • Air Products and Chemicals, Inc.

  • Air Liquide

  • Taiyo Nippon Sanso Corporation

  • Ube Industries, Ltd.

  • Messer Group

  • China National Offshore Oil Corporation

  • Nippon Steel Sumikin Chemical Co., Ltd.

  • Linde India Limited

  • PetroChina Company Limited

  • Iwatani Corporation

  • Sinopec Group

  • Gulf Cryo

  • Praxair Technology, Inc.

  • Linde plc


Nitrogen Gas Market Industry Developments


The  nitrogen gas market is projected to grow from USD 47.75 billion in 2023 to USD 63.4 billion by 2032, exhibiting a CAGR of 3.2% during the forecast period. Increasing demand for nitrogen gas in various industries, such as electronics, food and beverage, and pharmaceuticals, is driving market expansion. The rising adoption of nitrogen gas in oil and gas exploration and production activities is also contributing to market growth.Recent developments in the nitrogen gas market include the development of new technologies for nitrogen generation, such as membrane separation and pressure swing adsorption. These technologies offer cost-effective and energy-efficient methods for producing nitrogen gas, making them attractive options for various industries. Additionally, the growing focus on environmental sustainability is driving the adoption of nitrogen gas as a clean and non-toxic alternative to other gases in industrial processes.Major players in the nitrogen gas market include Air Liquide, Praxair, Linde, and Air Products and Chemicals. These companies are investing in research and development to enhance their nitrogen production capabilities and expand their market presence.


Nitrogen Gas Market Segmentation Insights


Nitrogen Gas Market Application Outlook



  • Chemicals

  • Food and Beverages

  • Electronics

  • Medical

  • Metals and Mining

  • Others


Nitrogen Gas Market Grade Outlook



  • Industrial Grade

  • Research Grade

  • Medical Grade

  • Ultra High Purity Grade

  • Others


Nitrogen Gas Market Packaging Outlook



  • Cylinders

  • Tanks

  • Tubes

  • Bulk Storage

  • Others


Nitrogen Gas Market Distribution Channel Outlook



  • Direct Sales

  • Distributors

  • Online Platforms

  • Wholesalers

  • Others


Nitrogen Gas Market Regional Outlook



  • North America

  • Europe

  • South America

  • Asia Pacific

  • Middle East and Africa

Report Attribute/Metric Details
Market Size 2022 46.27(USD Billion)
Market Size 2023 47.75(USD Billion)
Market Size 2032 63.4(USD Billion)
Compound Annual Growth Rate (CAGR) 3.2% (2024 - 2032)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Base Year 2023
Market Forecast Period 2024 - 2032
Historical Data 2019 - 2023
Market Forecast Units USD Billion
Key Companies Profiled Qatar Industrial Gases Company (QIGC), Air Products and Chemicals, Inc., Air Liquide, Taiyo Nippon Sanso Corporation, Ube Industries, Ltd., Messer Group, China National Offshore Oil Corporation, Nippon Steel Sumikin Chemical Co., Ltd., Linde India Limited, PetroChina Company Limited, Iwatani Corporation, Sinopec Group, Gulf Cryo, Praxair Technology, Inc., Linde plc
Segments Covered Application, Grade, Packaging, Distribution Channel, Regional
Key Market Opportunities 1 Growing Food Production2 Increasing Industrial Demand3 Medical and Pharmaceutical Advancements4 Electronic and Semiconductor Industry5 Renewable Energy Sector
Key Market Dynamics Growing demand for nitrogen gas in electronics and semiconductor manufacturing Increasing adoption of nitrogen gas in food and beverage processing Rising demand for nitrogen gas in healthcare applications Government regulations on nitrogen gas emissions Technological advancements in nitrogen gas production
Countries Covered North America, Europe, APAC, South America, MEA


Frequently Asked Questions (FAQ) :

The nitrogen gas market size is expected to reach USD 47.75 billion in 2023 and is projected to grow at a CAGR of 3.2% from 2023 to 2032, reaching USD 63.4 billion by 2032.

Asia-Pacific is expected to dominate the nitrogen gas market due to increasing demand from various industries such as electronics, food, beverages, and automotive.

The key growth drivers of the nitrogen gas market include growing demand for nitrogen gas in various industrial applications, increasing awareness of the benefits of nitrogen gas, and expanding industrialization in developing economies.

The key competitors in the nitrogen gas market include Air Liquide, Linde, Praxair, Messer, and Taiyo Nippon Sanso.

The major applications of nitrogen gas include metal heat treatment, food packaging, chemical manufacturing, and electronics manufacturing.

The nitrogen gas market is expected to grow at a CAGR of 3.2% from 2023 to 2032.

The challenges faced by the nitrogen gas market include stringent environmental regulations, high production costs, and intense competition.

The opportunities for the nitrogen gas market include rising demand from emerging economies, technological advancements, and expanding applications in various industries.

The COVID-19 pandemic had a negative impact on the nitrogen gas market due to disruptions in supply chains and reduced demand from various industries.

The key trends in the nitrogen gas market include increasing adoption of nitrogen generators, growing demand for high-purity nitrogen gas, and expanding applications in the healthcare industry.

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