Liquid Nitrogen Market Overview, Dynamics, Trends, Segmentation, Application and Forecast to 2022-2027 - PowerPoint PPT Presentation

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Liquid Nitrogen Market Overview, Dynamics, Trends, Segmentation, Application and Forecast to 2022-2027

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The global liquid nitrogen market reached a value of US$ 17.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 24.3 Billion by 2027, exhibiting a CAGR of 6.16% during 2022-2027. More info: – PowerPoint PPT presentation

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Title: Liquid Nitrogen Market Overview, Dynamics, Trends, Segmentation, Application and Forecast to 2022-2027


1
Global Liquid Nitrogen Market Research and
Forecast Report 2022-2027




Author Elena Anderson, Marketing Manager
IMARC Group
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2019 IMARC All Rights Reserved
2
About IMARC Group
Report Description
The International Market Analysis Research and
Consulting Group is a leading adviser on
management strategy and market research
worldwide. We partner with clients in all sectors
and regions to identify their highest-value
opportunities, address their most critical
challenges, and transform their
businesses. IMARCs information products include
major market, scientific, economic and
technological developments for business leaders
in pharmaceutical, industrial, and high
technology organizations. Market forecasts and
industry analysis for biotechnology, advanced
materials, chemicals, food and beverage, travel
and tourism, nanotechnology and novel processing
methods are at the top of the companys
expertise. IMARCs tailored approach combines
unfathomable insight into the dynamics of
companies and markets with close cooperation at
all levels of the client organization. This
ensures that our clients achieve unmatchable
competitive advantage, build more proficient
organizations, and secure lasting results.
3
Report Description and Highlights
Report Description
Global Liquid Nitrogen Market Research
Report The latest report by IMARC, 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 Free Sample Report
https//www.imarcgroup.com/liquid-nitrogen-market/
requestsample
4
Report Description and Highlights
Report Description

Global Liquid Nitrogen Market Trends 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. Looking forward, the
market value is projected to reach a strong
growth during the forecast period (2022-2027).
5
Report Description and Highlights
Report Description
Market Summary Breakup by Technology
Cryogenic Distillation Pressure Swing A
dsorption Others Breakup by Function
Coolant Refrigerant Breakup by
Storage Type Cylinders and Packaged Ga
s Merchant Liquid/Bulk Tonnage
Others Breakup by End User
Chemicals and Pharmaceuticals

6
Report Description and Highlights
Report Description
Food and Beverage Healthcare
Metal Manufacturing and Construction
Rubber and Plastic Others Bre
akup by Region North America
United States Canada
Asia-Pacific China
Japan India
South Korea Australia
Indonesia Othe
rs Europe Germany

7
Report Description and Highlights
Report Description
France United
Kingdom Italy
Spain Russia O
thers Latin America Br
azil Mexico Ot
hers Middle East and Africa Note We ar
e updating our reports, If you want latest
primary and secondary data (2022-2027) with Cost
Module, Business Strategy, Distribution Channel,
etc. Click request free sample report.

8
Report Description and Highlights
Report Description
  • Competitive Landscape with Key Players
  • Air Products and Chemicals Inc.
    AMCS Corporation Asia Industrial Gases Pte. Ltd. C
    ryomech Inc. Gulf Cryo Linde plc Messer Group GmbH
    Statebourne Cryogenics Ltd Taiyo Nippon Sanso
    Corporation (Mitsubishi Chemical Holdings
    Corporation)
  • View Full Report with TOC List of Figure
    https//www.imarcgroup.com/liquid-nitrogen-market

9
Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
10
Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
11
Report Description and Highlights
Report Description

2019 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
resold in whole or in any part. The publication
may also not be used in any form or by and means
graphic electronic or mechanical, including
photocopying, recording, taping or by information
storage or retrieval, or by any other form,
without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
any kind as to the accuracy or completeness of
any Information provided. IMARC accepts no
liability whatsoever for any loss or damage
resulting from opinion, errors or inaccuracies if
any found this publication. IMARC, IMARC Group
and Global Therapy Insight Series are registered
trademarks of International Market Analysis
Research and Consulting. All other trademarks
used in this publication are registered
trademarks of their respective companies.
12

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