Nitrogen Generator Market – Global Industry Analysis and Forecast (2023-2029) by Type, Application and Region

Nitrogen Generator Market was worth US$ 12768 Mn. in 2022 and total revenue is expected to grow at a rate of 4.1% CAGR from 2023 to 2029, reaching almost US$ 16916 Mn. in 2029.

Nitrogen Generator Market Overview:

Nitrogen is an industrial gas that is widely used in a variety of industries. It's often made by extracting nitrogen from air. Nitrogen makes up about 78 % of air, oxygen compensates around 21%, and other gases compensate around 1%. Nitrogen is generated with the help of a nitrogen generator, which converts air into nitrogen. The market size in 2022 for nitrogen generator market was worth US $ 12768 Mn. Nitrogen Generator MarketTo know about the Research Methodology :- Request Free Sample Report 2022 is considered as a base year to forecast the market from 2023 to 2029. 2022’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years trends are considered while forecasting the market through 2029.

Nitrogen Generator Market Dynamics:

Nitrogen generators increase the sustainability by requiring less energy to operate, having a longer lifespan, and reducing CO2 emissions. As a result, the cost savings and long-term sustainability offered by on-site nitrogen generation units are major factors driving the nitrogen generators market. Also, the growing popularity of nitrogen generators in various end-user sectors such as refineries, chemicals, electronics assembly, oil and gas production, food and beverage, and others is anticipated to accelerate the nitrogen generators market ahead. To strengthen their product portfolio, leading suppliers are turning to product launches as a crucial development strategy. Carburos Metálicos, a Spanish industrial gas provider and a part of Air Products, for example, increased its PRISM solutions for on-site nitrogen generation in September 2019.The new mini generators are modular and compact, and can produce nitrogen with a purity of 95–99.999 % and a flow capacity of less than 200 Nm3/h for applications the market is expected to grow as a result of such development strategies. Morden nitrogen generators equipped with a built compressors, which adds to the cost because the electricity consumption rises dramatically. Air compressors and dryer systems are becoming more expensive as the requirement for constant maintenance to prevent wear and tear increases. As a result, the market for nitrogen generators is expected to be restricted by high pricing associated with old nitrogen supply systems such as nitrogen cylinders, as well as newer technology such as nitrogen tire pressure equipment.

Nitrogen Generator Market Segment Analysis:

Nitrogen Generator Market is segmented into Type and Application. Based on Type, the market is segmented into PSA Nitrogen Generator, Membrane Nitrogen Generator, and Cryogenic Nitrogen Generator. PSA nitrogen generators are being used more frequently in the plastic molding and food & beverage sectors, owing to the benefits they provide, such as convenience, consistency, and reliability, and low operating costs, the PSA nitrogen generator segment held the largest market in 2022, accounting for around 50% of the nitrogen generators market. However, due to increased usage of these generators in the healthcare and chemical industries, the membrane nitrogen generator segment is expected to grow at the quickest rate of 5.1 % during the forecast period. Based on Application, the market is segmented into Food & Beverage, Transportation, Medical & Pharmaceuticals, Electrical & Electronics, and Chemicals. Growth in nitrogen generator applications in the chemical industry such as cleaning and blanketing, the chemical segment is expected to grow at the highest CAGR of 6.0 % during the forecast period. However, the food & beverage segment dominated the nitrogen generators market in 2021, accounting for over a 1⁄4 of the market, thanks to the rise number of food & beverage facilities throughout the world and the industry's need on nitrogen gas to maintain products fresh and prevent wastage.

Nitrogen Generator Market Regional Insights:

North America is expected to dominate the nitrogen generator market throughout the projected period, owing to the clear high demand for nitrogen generators in the region, notably in the United States. The nitrogen generator market in Asia Pacific is expected to grow rapidly throughout the projected period, owing to the expansion of end-user industries such as food & beverages, aviation, and pharmaceuticals in the area. Because of the strong growth potential of end-user industries in these nations, developing economies such as China and India are expected to contribute considerably to the nitrogen generator market in the area. The objective of the report is to present a comprehensive analysis of the Nitrogen Generator Market to the stakeholders in the Equipment. The past and current status of the Equipment with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the Equipment with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the Equipment to the decision-makers. The report also helps in understanding the Nitrogen Generator Market dynamics, structure by analyzing the market segments and projects the Nitrogen Generator Market size. Clear representation of competitive analysis of key players by Type, price, and financial position, Type portfolio, growth strategies, and Regional presence in the Nitrogen Generator Market make the report investor’s guide.

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Nitrogen Generator Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2017 to 2022 Market Size in 2022: US $ 12768 Mn.
Forecast Period 2023 to 2029 CAGR: 4.1% Market Size in 2029: US $ 16916 Mn.
Segments Covered: by Application • Food & Beverage • Transportation • Medical & Pharmaceuticals • Electrical & Electronics • Chemicals
by Type • PSA Nitrogen Generator • Membrane Nitrogen Generator • Cryogenic Nitrogen Generator

Nitrogen Generator Market, by Region

North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)

Nitrogen Generator Market, Key Players are:

Linde • Parker Hannifin • Atlas Copco • Generon, Inc. • Air Products • Airpack Nederland BV • INMATEC GaseTechnologie GmbH and Co. KG • Compressed Gas Technologies Inc. • Oxymat A/S • South-Tek Systems • NOXERIOR s.r.l. • Hale Hamilton • Maximator GmbH • Hydrotechnik UK Ltd. • HYDAC company group • Hydraulics International, Inc. • Accudyne Industries • Semmco Limited • Quality Hydraulics • Mile-X Equipment, Inc. • South-Tek Systems

Frequently Asked Questions:

1. Which region has the largest share in Global Nitrogen Generator Market? Ans: North America region held the highest share in 2022. 2. What is the growth rate of Global Nitrogen Generator Market? Ans: The Global Nitrogen Generator Market is expected to grow at a CAGR of 4.1% during forecast period 2023-2029. 3. What is scope of the Global Nitrogen Generator market report? Ans: Global Nitrogen Generator Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Nitrogen Generator market? Ans: The important key players in the Global Nitrogen Generator Market are – Linde, Parker Hannifin, Atlas Copco, Generon, Inc., Air Products, Airpack Nederland BV, INMATEC GaseTechnologie GmbH and Co. KG, Compressed Gas Technologies Inc., Oxymat A/S, South-Tek Systems, NOXERIOR s.r.l., Hale Hamilton, Maximator GmbH, and Hydrotechnik UK Ltd 5. What is the study period of this market? Ans: The Global Nitrogen Generator Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Nitrogen Generator Market Size, by Market Value (US$ Bn) 3.1. Market Segmentation 3.2. Market Segmentation Share Analysis 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Nitrogen Generator Market 3.4. Geographical Snapshot of the Nitrogen Generator Market , By Manufacturer share 4. Nitrogen Generator Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Equipment Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Type of Buyers/Consumers 4.1.6.3. Bargaining Type of Suppliers 4.1.6.4. Threat of Substitute Type 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-16 Pandemic on the Nitrogen Generator Market 5. Supply Side and Demand Side Indicators 6. Nitrogen Generator Market Analysis and Forecast, 2022-2029 6.1. Nitrogen Generator Market Size & Y-o-Y Growth Analysis. 7. Nitrogen Generator Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 7.1.1. PSA Nitrogen Generator 7.1.2. Membrane Nitrogen Generator 7.1.3. Cryogenic Nitrogen Generator 7.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 7.2.1. Food & Beverage 7.2.2. Transportation 7.2.3. Medical & Pharmaceuticals 7.2.4. Electrical & Electronics 7.2.5. Chemicals 8. Nitrogen Generator Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Nitrogen Generator Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 9.1.1. PSA Nitrogen Generator 9.1.2. Membrane Nitrogen Generator 9.1.3. Cryogenic Nitrogen Generator 9.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 9.2.1. Food & Beverage 9.2.2. Transportation 9.2.3. Medical & Pharmaceuticals 9.2.4. Electrical & Electronics 9.2.5. Chemicals 10. North America Nitrogen Generator Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Nitrogen Generator Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 12. Canada Nitrogen Generator Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 13. Mexico Nitrogen Generator Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 14. Europe Nitrogen Generator Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 15. Europe Nitrogen Generator Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Nitrogen Generator Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 17. France Nitrogen Generator Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 18. Germany Nitrogen Generator Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 19. Italy Nitrogen Generator Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 20. Spain Nitrogen Generator Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 21. Sweden Nitrogen Generator Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 22. CIS Countries Nitrogen Generator Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 23. Rest of Europe Nitrogen Generator Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 24. Asia Pacific Nitrogen Generator Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 25. Asia Pacific Nitrogen Generator Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Nitrogen Generator Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 27. India Nitrogen Generator Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 28. Japan Nitrogen Generator Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 29. South Korea Nitrogen Generator Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 30. Australia Nitrogen Generator Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 31. ASEAN Nitrogen Generator Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 32. Rest of Asia Pacific Nitrogen Generator Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 33. Middle East Africa Nitrogen Generator Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 34. Middle East Africa Nitrogen Generator Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Nitrogen Generator Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 36. GCC Countries Nitrogen Generator Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 37. Egypt Nitrogen Generator Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 38. Nigeria Nitrogen Generator Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 39. Rest of ME&A Nitrogen Generator Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 40. South America Nitrogen Generator Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 41. South America Nitrogen Generator Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Nitrogen Generator Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 43. Argentina Nitrogen Generator Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 44. Rest of South America Nitrogen Generator Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Electronic Recycling Market. 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Functionalities and R&D Investment 45.2.2. New Type Launches and Type Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Linde 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Type Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Wavelengths 45.3.2. Parker Hannifin 45.3.3. Atlas Copco 45.3.4. Generon, Inc. 45.3.5. Air Products 45.3.6. Airpack Nederland BV 45.3.7. INMATEC GaseTechnologie GmbH and Co. KG 45.3.8. Compressed Gas Technologies Inc. 45.3.9. Oxymat A/S 45.3.10. South-Tek Systems 45.3.11. NOXERIOR s.r.l. 45.3.12. Hale Hamilton 45.3.13. Maximator GmbH 45.3.14. Hydrotechnik UK Ltd. 45.3.15. HYDAC company group 45.3.16. Hydraulics International, Inc. 45.3.17. Accudyne Industries 45.3.18. Semmco Limited 45.3.19. Quality Hydraulic 45.3.20. Mile-X Equipment, Inc. 46. Primary Key Insights
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