Liquid Nitrogen Market to Exhibit a Remarkable CAGR of 5.0% by 2030, Size, Share, Trends, Key Drivers, Demand, Opportunity Analysis and Competitive Outlook

Data Bridge Market Research analyses that the liquid nitrogen market which was USD  16,779.00 million in 2022, would rocket up to USD  24,790.22 million by 2030, and is expected to undergo a CAGR of 5.0% during the forecast period of 2023 to 2030. 

Liquid nitrogen is used in various commercial activities and is associated with production and utilization in different applications across industries. Liquid nitrogen is used as a coolant, cryogenic freezing agent, and preservation tool, serving a wide range of sectors such as food and beverage, healthcare, manufacturing, and pharmaceuticals.

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Some of the major players operating in the Liquid Nitrogen market are Air Products and Chemicals Inc. (U.S.), Linde Plc (Germany), Praxair Technology Inc., (U.S.), NEXAIR. (U.S.), Air Liquide S.A. (France), Taiyo Nippon Sanso Corporation (Japan), Gulf Cryo (UAE), Emirates Industrial Gases Co. LLC. (UAE), Southern Industrial San Bhd (Malaysia), Universal Industrial Gases Inc, (U.S.), Yingde Gases Group (China), Messer Group (Germany), AMCS Corporation (U.S.), Statebourne Cryogenics (U.S.), AIGA (Singapore)

Global Liquid Nitrogen  Market Scope
The liquid nitrogen market is segmented on the basis of function, production technology, storage, distribution and transportation, and end-use industry. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Function (Coolant, Refrigerant), Production Technology (Cryogenic Distillation, Pressure Swing Adsorption), Storage, Distribution and Transportation (Cylinders and Packaged Gas, Merchant Liquid/Bulk, Tonnage), End-use Industry (Healthcare, Food and Beverages, Chemicals and Pharmaceuticals, Metal Manufacturing and Construction, Rubber and Plastic, Others)
Function
Coolant
Refrigerant
Production Technology
Cryogenic Distillation
Pressure Swing Adsorption
Storage, Distribution, and Transportation
Cylinders and Packaged Gas
Merchant Liquid/Bulk
Tonnage
End-use Industry
Healthcare
Food and Beverages
Chemicals and Pharmaceuticals
Metal Manufacturing and Construction
Rubber and Plastic
Others

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