Nitrogen Market Size, Share, and Trends 2024 to 2034

The global nitrogen market size accounted for USD 40.02 billion in 2024, grew to USD 43.63 billion in 2025 and is predicted to surpass around USD 94.75 billion by 2034, representing a healthy CAGR of 9% between 2024 and 2034 .

  • Last Updated : November 2024
  • Report Code : 2264
  • Category : Chemical and Material

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Nitrogen Market 

5.1. COVID-19 Landscape: Nitrogen Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Nitrogen Market, By Product Type

8.1. Nitrogen Market, by Product Type, 2024-2034

8.1.1 Compressed gas

8.1.1.1. Market Revenue and Forecast (2021-2034)

8.1.2. Liquid nitrogen

8.1.2.1. Market Revenue and Forecast (2021-2034)

Chapter 9. Global Nitrogen Market, By Application

9.1. Nitrogen Market, by Application, 2024-2034

9.1.1. Commercial

9.1.1.1. Market Revenue and Forecast (2021-2034)

9.1.2. Industrial

9.1.2.1. Market Revenue and Forecast (2021-2034)

9.1.3. Science and research

9.1.3.1. Market Revenue and Forecast (2021-2034)

Chapter 10. Global Nitrogen Market, By End-User 

10.1. Nitrogen Market, by End-User, 2024-2034

10.1.1. Petrochemical

10.1.1.1. Market Revenue and Forecast (2021-2034)

10.1.2. Oil and gas

10.1.2.1. Market Revenue and Forecast (2021-2034)

10.1.3. Metal manufacturing and fabrication

10.1.3.1. Market Revenue and Forecast (2021-2034)

10.1.4. Food and beverage

10.1.4.1. Market Revenue and Forecast (2021-2034)

10.1.5. Electronics

10.1.5.1. Market Revenue and Forecast (2021-2034)

10.1.6. Pharmaceutical and healthcare

10.1.6.1. Market Revenue and Forecast (2021-2034)

10.1.7. Chemical

10.1.7.1. Market Revenue and Forecast (2021-2034)

Chapter 11. Global Nitrogen Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Product Type (2021-2034)

11.1.2. Market Revenue and Forecast, by Application (2021-2034)

11.1.3. Market Revenue and Forecast, by End-User (2021-2034)

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Product Type (2021-2034)

11.1.4.2. Market Revenue and Forecast, by Application (2021-2034)

11.1.4.3. Market Revenue and Forecast, by End-User (2021-2034)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Product Type (2021-2034)

11.1.5.2. Market Revenue and Forecast, by Application (2021-2034)

11.1.5.3. Market Revenue and Forecast, by End-User (2021-2034)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Product Type (2021-2034)

11.2.2. Market Revenue and Forecast, by Application (2021-2034)

11.2.3. Market Revenue and Forecast, by End-User (2021-2034)

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Product Type (2021-2034)

11.2.4.2. Market Revenue and Forecast, by Application (2021-2034)

11.2.4.3. Market Revenue and Forecast, by End-User (2021-2034)

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Product Type (2021-2034)

11.2.5.2. Market Revenue and Forecast, by Application (2021-2034)

11.2.5.3. Market Revenue and Forecast, by End-User (2021-2034)

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Product Type (2021-2034)

11.2.6.2. Market Revenue and Forecast, by Application (2021-2034)

11.2.6.3. Market Revenue and Forecast, by End-User (2021-2034)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Product Type (2021-2034)

11.2.7.2. Market Revenue and Forecast, by Application (2021-2034)

11.2.7.3. Market Revenue and Forecast, by End-User (2021-2034)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Product Type (2021-2034)

11.3.2. Market Revenue and Forecast, by Application (2021-2034)

11.3.3. Market Revenue and Forecast, by End-User (2021-2034)

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Product Type (2021-2034)

11.3.4.2. Market Revenue and Forecast, by Application (2021-2034)

11.3.4.3. Market Revenue and Forecast, by End-User (2021-2034)

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Product Type (2021-2034)

11.3.5.2. Market Revenue and Forecast, by Application (2021-2034)

11.3.5.3. Market Revenue and Forecast, by End-User (2021-2034)

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Product Type (2021-2034)

11.3.6.2. Market Revenue and Forecast, by Application (2021-2034)

11.3.6.3. Market Revenue and Forecast, by End-User (2021-2034)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Product Type (2021-2034)

11.3.7.2. Market Revenue and Forecast, by Application (2021-2034)

11.3.7.3. Market Revenue and Forecast, by End-User (2021-2034)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Product Type (2021-2034)

11.4.2. Market Revenue and Forecast, by Application (2021-2034)

11.4.3. Market Revenue and Forecast, by End-User (2021-2034)

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Product Type (2021-2034)

11.4.4.2. Market Revenue and Forecast, by Application (2021-2034)

11.4.4.3. Market Revenue and Forecast, by End-User (2021-2034)

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Product Type (2021-2034)

11.4.5.2. Market Revenue and Forecast, by Application (2021-2034)

11.4.5.3. Market Revenue and Forecast, by End-User (2021-2034)

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Product Type (2021-2034)

11.4.6.2. Market Revenue and Forecast, by Application (2021-2034)

11.4.6.3. Market Revenue and Forecast, by End-User (2021-2034)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Product Type (2021-2034)

11.4.7.2. Market Revenue and Forecast, by Application (2021-2034)

11.4.7.3. Market Revenue and Forecast, by End-User (2021-2034)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Product Type (2021-2034)

11.5.2. Market Revenue and Forecast, by Application (2021-2034)

11.5.3. Market Revenue and Forecast, by End-User (2021-2034)

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Product Type (2021-2034)

11.5.4.2. Market Revenue and Forecast, by Application (2021-2034)

11.5.4.3. Market Revenue and Forecast, by End-User (2021-2034)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Product Type (2021-2034)

11.5.5.2. Market Revenue and Forecast, by Application (2021-2034)

11.5.5.3. Market Revenue and Forecast, by End-User (2021-2034)

Chapter 12. Company Profiles

12.1. Air Liquide

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Yingde Gases Group Company

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Linde Group

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Praxair Inc.

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. nexAir

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. CanAir Nitrogen

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Chengdu Taiyu Industrial Gases

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Universal Industrial Gases

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Air Products and Chemicals

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Messer Group

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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Frequently Asked Questions

The global nitrogen market size was accounted at USD 40.02 billion in 2024 and it is expected to reach around USD 94.75 billion by 2034.

The global nitrogen market is poised to grow at a CAGR of 9% from 2024 to 2034.

The major players operating in the nitrogen market are 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

Increasing demand for industrial nitrogen in the chemical sector, increasing use in the food and beverage sector and rising use in the health care sector & the manufacture of pharmaceuticals these are driving the growth of the nitrogen market.

Asia Pacific region will lead the global nitrogen market during the forecast period 2024 to 2034.

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