Liquid Nitrogen Market

Date: 2016-05

Liquid nitrogen is the liquefied form of nitrogen formed at very low temperatures. Liquid Nitrogen is a colorless cryogenic liquid that causes rapid freezing on first contact. In a suitable environment, liquid nitrogen can be stored and transported. Liquid nitrogen is obtained by compressing air while also removing the heat of compression simultaneously. Liquid nitrogen acts as cryogenic fluid in the immersion freezing of foods. It is nontoxic and inert to food products and its constituents. Owing to its ability to rapidly cool things and being safe to add it to food constituents, liquid nitrogen is proved to be the best option to preserve food, biological and medical products.

The global liquid nitrogen market has been analyzed with respect to different parameters such as demand, supply, end-users and providers of liquid nitrogen. Liquid nitrogen market is categorized by types of storage containers, by production techniques and by applications. On the basis of form of storage, the report is segments into dewar, cryogenic liquid container, cryogenic storage tank. Dewars are widely used containers to store liquid nitrogen. Liquid nitrogen is widely used in cryogenics, cryotherapy and cryopreservation of biological samples, food preservation and as coolant in various industries

liquid nitrogen market

The overall market is also presented from the perceptive of different geographic region and key countries in each region. North America holds the largest share in the liquid nitrogen market. Asia pacific is fastest growing market with a high CAGR during the period 2016-2021.
Liquid nitrogen market is dominated by five major companies namely:
The Linde group (Germany)
Praxair Inc. (U.S.)
Air Liquide S.A. (France)
Air Products and Chemicals (U.S.)
Cryomech (U.S.)
These companies have significant presence in Liquid Nitrogen market with considerable brand image.

Other players in the market include:
Stirling Cryogenics (Netherlands)
Ellenbarrie Industrial Gases (India)
LNI Swissgas (Switzerland)

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