Liquid Nitrogen Market Report 2022-2027 by Kanika Sharma

Global Liquid Nitrogen Market Research Report 2022-2027

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Report Description

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Report Description and Highlights Report Description Global Liquid Nitrogen Market Outlook 2022-2027: As per the latest report by IMARC Group, titled “Liquid Nitrogen Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global liquid nitrogen market size reached US$ 17.1 Billion in 2021 Liquid nitrogen (LN) is an odorless, non-flammable, colorless, and non-corrosive cryogenic liquid that is used to cause rapid freezing. It is produced in air separation and liquefaction plants by compressing and cooling nitrogen gas below its evaporation point of − 196 °C (− 320 °F). Liquid nitrogen assists in the rapid cooling and temporary shrinking of mechanical gears and components during machine assembly, resulting in better intrusion fits. It is also used for cryopreservation of biological samples, such as sperm, eggs, animal genetic samples, and cryotherapy to remove skin abnormalities. Moreover, liquid nitrogen is utilized to freeze food and beverages and create an aesthetic cloud of vapor over dishes in fine-dine restaurants, cafes and hotels. Request for a PDF sample of this report: https://www.imarcgroup.com/liquid-nitrogen-market/requestsample

Report Description and Highlights

Report Description

Global Liquid Nitrogen Market Drivers/Constraints: The market is primarily driven by the escalating demand for cryogenic liquids for metal fabrication, and manufacturing of electronics, healthcare, automotive and lighting systems. This can be attributed to the rising usage of LN as a coolant during the grinding process to prevent additional heat generation, resulting in minimal corrosion and high-quality, uniformly sized ice particles. Moreover, the market is favored by the increasing adoption of LN as an organic additive to develop generics, therapeutic medicines, and active pharmaceutical ingredients. Besides this, the growing food and beverage industry is also contributing to the market growth as LN is used to freeze bakery products, meat, poultry, fish, prepared meals, vegetables, and fruits while retaining their original color, scent, and flavor. Furthermore, the emergence of innovative LN-compatible automobile engines is anticipated to propel the market growth. Looking forward, IMARC Group expects the market to grow at a CAGR of 6.16% during 2022-2027. View Report TOC, Figures and Tables: https://www.imarcgroup.com/liquid-nitrogen-market

Report Description and Highlights

Report Description Key Market Segmentation

The research report includes the following segments:

Breakup by Technology:

•Cryogenic Distillation •Pressure Swing Adsorption •Others

Breakup by Function: •Coolant •Refrigerant

Report Description and Highlights

Report Description Breakup by Storage Type: •Cylinders and Packaged Gas •Merchant Liquid/Bulk •Tonnage •Others

Breakup by End User:

•Chemicals and Pharmaceuticals •Food and Beverage •Healthcare •Metal Manufacturing and Construction •Rubber and Plastic •Others

Report Description and Highlights

Report Description Breakup by Region:

•North America (United States, Canada) •Europe (Germany, France, United Kingdom, Italy, Spain, Others) •Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others) •Latin America (Brazil, Mexico, Others) •Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others) Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. Click here: https://www.imarcgroup.com/request?type=report&id=4423&flag=E

Report Description and Highlights

Report Description Competitive Landscape: • • • • • • • • • •

Air Liquide S.A. Air Products and Chemicals Inc. AMCS Corporation Asia Industrial Gases Pte. Ltd. Cryomech Inc. Gulf Cryo Linde plc Messer Group GmbH Statebourne Cryogenics Ltd Taiyo Nippon Sanso Corporation (Mitsubishi Chemical Holdings Corporation).

Key Questions Answered in the Report

Report Description

Key Questions Answered in This Report:

•How has the global liquid nitrogen market performed so far and how will it perform in the coming years? •What has been the impact of COVID-19 on the global liquid nitrogen market? •What are the key regional markets? •What is the breakup of the market based on the technology? •What is the breakup of the market based on the function? •What is the breakup of the market based on the storage type? •What is the breakup of the market based on the end user? •What are the various stages in the value chain of the industry? •What are the key driving factors and challenges in the industry? •What is the structure of the global liquid nitrogen market and who are the key players? •What is the degree of competition in the industry?

Report Description 1 Preface 2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology

3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends

Table of Contents

Report Description 5 Global Liquid Nitrogen Market 5.1 5.2 5.3 5.4

Market Market Impact Market

Overview Performance of COVID-19 Forecast

Table of Contents

A partial List of

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Report Description and Highlights

Report Description

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