Nitrogen Market Size To Increase USD 57.1 Billion By 2030

Published Date : 21 Jun 2023

The global nitrogen market size exhibited USD 34.6 billion in 2022 and is projected to increase USD 57.1 billion by 2030, poised to grow at a CAGR of 6.46 percent during the projection period from 2022 to 2030.

Nitrogen Market Size and Growth Rate From 2022 To 2023

The primary element driving the nitrogen market growth rate is its application as a retention agent in the food and beverage sectors. The expanding population of the area with high disposable incomes and developing industrialization, which will further pave the way for market expansion, are likely to temper the growth of the industrial nitrogen market over the forecast period. Additionally, because of its ability to keep food fresh and extend its shelf life, industrial nitrogen is now more necessary than ever, which is predicted to slow the growth of the industry as a whole.

Report Highlights:

  • On the basis of type product used, the compressed nitrogen segment will have a larger market share in the coming years period, the amount of revenue generated through the use of this product will grow well in the coming year. This is because of procedures for high-production-rate facilities that are affordable and cost-effective, as well as an increase in demand for compressed nitrogen gas for membrane separation, pressure swing adsorption, and cryogenic fractional distillation cylinder systems.
  • On the basis of application, industrial nitrogen has the biggest market share in the nitrogen gas market during the forecast period. Due to its low cost, nitrogen has become more popular for industrial use all over the world. Industrial nitrogen is now a cheap solution for a variety of sectors owing to process improvements.
  • On the basis of end-user, the food and beverage segment has the biggest market share in the nitrogen gas market during the forecast period. The adverse application of nitrogen in the food and beverage industry has drive the demand of nitrogen in this segment.

Nitrogen Market Report Scope:

Report Coverage Details
Market Revenue in 2023 USD 36.84 Billion
Projected Forecast Revenue in 2030 USD 57.1 Billion
Growth Rate from 2022 to 2030 CAGR of 6.46%
Largest Market Asia Pacific
Base Year 2022
Forecast Period 2022 To 2030
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Regional Snapshots:

The biggest market share was held by the Asia-Pacific in the nitrogen market during the forecast period. Due to its rapid industrialization, particularly in end-use sectors like food and beverage, which is expected to drive regional market expansion, the Asia Pacific region held the largest share. The region's market opportunities are also increased by the adoption of improved nitrogen production techniques. Additionally, it is anticipated that throughout the projection period, this area would exhibit the quickest CAGR. This is linked to a growth in utilization in the region across a variety of industries, including food packaging and pharmaceuticals. China and India are now the top two consumers of nitrogen.

Additionally, it is projected that during the next years, the healthcare system in this area would improve, increasing the need for nitrogen. Additionally, it is estimated that throughout the forecasted period, the market would develop due to the expanding usage of fertilizers with an ammonia base in agricultural nations to improve soil fertility. The area's growing industrialization is also predicted to drive market expansion, notably the rise of end-use industries like food and beverage. The market's prospects in the region are additionally enhanced by the deployment of better nitrogen manufacturing methods.

Market Dynamics:


The market for nitrogen is expanding in part due to the expanding food and beverage industries. In the food and beverage business, nitrogen gas is frequently utilized to package food products. The cornerstone of food preservation and its primary method is freezing. Liquid nitrogen spray freezing makes advantage of the vast amount of heat that is absorbed during the gasification process. With rapid heat transfer or quick freezing rates, the amount of time a food product spends in the maximum crystal-forming temperature range throughout the NF process is brief, producing tiny and evenly dispersed ice crystals. As a result, the food product's natural flavor, aroma, and color are preserved to the maximum possible extent.

The food product's shelf life is increased by chilling or freezing it during preservation. The food business uses liquid nitrogen primarily to freeze baked goods, meat, poultry, fish, prepared meals, vegetables, and fruits. Nitrogen gas prevents oxygen from coming into touch with the food item, extending the shelf life of the food by preventing oxidation. This helps to retain the quality of the food by preventing food deterioration. Additionally, nitrogen is frequently used in the food and beverage sectors for packaging and food aeration. Additionally, nitrogen is used in the wine industry to safeguard product quality by preventing oxidation throughout the fermentation process.


The lack of global regulations governing the uses of nitrogen is anticipated to hinder the market during the projected period. Regarding the use of industrial nitrogen, various regulations apply in every nation. Companies find it challenging to comply with these local restrictions. The industrial nitrogen market is thus being restrained as a result of this deterring investment.


The demand of nitrogen in the chemical industry is a lucrative opportunity for the market. Nitrogen gas is a crucial safety safeguard against fire and explosion in the chemical industry, as well as for ensuring product integrity. To reduce the possibility of a fire or explosion, chemical tanks containing flammable or specialized materials are frequently coated with nitrogen gas. Nitrogen gas will also be pumped into the tank head area at chemical processing and storage plants to completely remove the possibility of product deterioration or contamination. Nitrogen gas is often the pressure transfer gas of choice for moving goods between tanks and is frequently used to sparge unwelcome impurities from a liquid.


The use of nitrogen gas is constrained by how difficult it is to handle. Workers or employees should get training on the handling and storage of nitrogen before dealing with it. Because OZONE and Nitrogen combine explosively. It is the user's entire obligation to keep it in cold, well-ventilated spaces in firmly closed containers.

Recent Developments:

  • In October 2018 - With the merger of The Linde Group and Praxair, Inc., a new company with a market value of $90 billion was formed. Shareholders of Praxair will be given one Linde plc share for every one of their Praxair shares as part of the deal. For each share of Linde AG that is tendered, owners will get 1.54 shares of Linde plc.

Major Key Players:

  • Air Liquide
  • Yingde Gases Group Company
  • Linde Group
  • Praxair Inc.
  • nexAir
  • CanAir Nitrogen
  • Chengdu Taiyu Industrial Gases
  • Universal Industrial Gases
  • Air Products and Chemicals
  • Messer Group
  • Southern Industrial Gas Berhad
  • Taiyo Nippon Sanso
  • Corporation
  • Gulf Cryo
  • Emirates Industrial Gases Co. LLC

Market Segmentation:

By Product Type

  • Compressed gas
  • Liquid nitrogen

By Application

  • Commercial
  • Industrial
  • Science and research

By End-User

  • Petrochemical
  • Oil and gas
  • Metal manufacturing and fabrication
  • Food and beverage
  • Electronics
  • Pharmaceutical and healthcare
  • Chemical

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