Portland, OR -- (SBWire) -- 08/04/2017 --Liquid nitrogen is nitrogen in a liquid state at an extremely low temperature. It is inert, colorless, odorless, non-corrosive, and non-flammable. It is produced industrially by the fractional distillation of liquid air.
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Liquid nitrogen is used for many cooling and cryogenic applications. For instance, it is applied for freezing and transportation of food products. Freezing in liquid nitrogen is the fastest freezing method to produce individually quick frozen (IQF) foods. It plays a significant role in reducing spoilage, discoloration, and offflavors, thereby strengthening retail packaging. Moreover, it is also used for the cryopreservation of biological samples, in cryotherapy to remove skin abnormalities, shielding materials from oxygen exposure, coolants for superconductors & vacuum pumps, and cooling materials for easier machining or fracturing.
The market is segmented on the basis of end-use, storage & distribution, function, technology, and geography. Based on end-use, the market is classified into healthcare, food & beverages, chemicals & pharmaceuticals, metal manufacturing & construction, rubber & plastic, and others. Based on storage & distribution the market is divided into cylinders & packaged gas, merchant liquid/bulk, and tonnage. On the basis of function, the market is segmented into coolant and refrigerant. Based on technology, the market is segmented into cryogenic distillation and pressure swing adsorption. The geographic breakdown and deep analysis of each of the aforesaid segments have been covered for North America, Europe, Asia-Pacific, and LAMEA.
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Market Dynamics:
Drivers:
Rise in the consumption of liquid nitrogen in chemicals & pharmaceuticals
Rapid growth of the food & beverage industry
Restraints:
Structural and regulatory restrictions
Market Players:
The top players in the global liquid nitrogen market are The Linde Group, Praxair Inc., Air Liquide S.A., Air Products and Chemicals, Inc., Gulf Cryo, Southern Industrial Gas Berhad, Messer Group, Emirates Industrial Gases Co. LLC, Taiyo Nippon Sanso Corporation, and Nexair LLC.
MARKET LANDSCAPE
By End-use
Healthcare
Food & Beverages
Chemicals & Pharmaceuticals
Metal Manufacturing & Construction
Rubber & Plastic
Others
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By Storage & Distribution
Cylinders & Packaged Gas
Merchant Liquid/Bulk
Tonnage
By Function
Coolant
Refrigerant
By Technology
Cryogenic Distillation
Pressure Swing Adsorption
By Geography
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Liquid Nitrogen Market - Size, Trend, Share, Opportunity Analysis, and Forecast, 2014-2025
Liquid nitrogen is nitrogen in a liquid state at an extremely low temperature. It is inert, colorless, odorless, non-corrosive, and non-flammable. It is produced industrially by the fractional distillation of liquid air.