Nitrogen Market Report 2026

The nitrogen market size has grown rapidly in recent years. It will grow from $31.52 billion in 2025 to $34.85 billion in 2026 at a compound annual growth rate (CAGR) of 10.6%. The growth in the historic period can be attributed to growth in industrial manufacturing activities, expansion of food and beverage processing, increased use in oil and gas operations, rising adoption in metal fabrication, availability of air separation technologies.

The nitrogen market size is expected to see rapid growth in the next few years. It will grow to $54.33 billion in 2030 at a compound annual growth rate (CAGR) of 11.7%. The growth in the forecast period can be attributed to increasing demand for cryogenic applications, growth of electronics manufacturing, rising use in pharmaceutical and healthcare sectors, expansion of electric vehicle battery production, advancements in nitrogen production and storage technologies. Major trends in the forecast period include increasing use of nitrogen for food preservation, rising demand for industrial inerting applications, growing adoption of liquid nitrogen in cryogenic processes, expansion of nitrogen usage in metal manufacturing, increasing demand for high purity nitrogen grades.

The growing food and beverage industry is expected to drive the growth of the nitrogen market going forward. Nitrogen gas is widely used in the food and beverage industry for packaging food items. The food and beverage industry is rising due to increasing consumer demand for convenient, ready-to-eat, and packaged food products. Nitrogen gas eliminates oxygen contact with food items, preventing oxidation and increasing shelf life. This reduces spoilage and helps maintain product quality. For instance, in April 2024, according to the National Association of Convenience Stores, a US-based trade association, foodservice sales in 2023 accounted for 26.9% of in-store sales, up from 25.6% in 2022, and sales of prepared foods per store per month grew by 12.2% compared to 2022. Therefore, the growth of the food and beverage industry is driving the growth of the nitrogen market.

Major companies operating in the nitrogen market are focusing on developing high-efficiency, compact, and automated nitrogen generation solutions to meet growing demand across laboratory, industrial, and research applications. For instance, in September 2024, Hangzhou Scala Filtration Technology Co. Ltd., a China-based machinery manufacturing company, introduced the LNS08A, an 8-liter-per-day liquid nitrogen generator designed for laboratory and research environments. The model delivers nitrogen purity up to 99.995% and features more than ten upgrades, including a physical on/off switch and simplified chiller water replacement. With a compact footprint, low noise, and reduced power consumption, it expands Scala’s range of small-capacity liquid nitrogen systems. The unit includes an integrated water-cooled system that operates efficiently at temperatures up to 32°C and uses a smart liquid-level sensor for automatic start/stop functionality. Targeting lab users, Scala also offers customized options such as auto-refilling, auto-dispensing, OEM, and ODM solutions.

In April 2024, N2 Solutions (N2S), a US-based provider of nitrogen services for the energy, industrial, chemical, and pipeline sectors, acquired PFS Nitrogen Services for an undisclosed amount. Through this acquisition, N2S aims to broaden its geographic reach, strengthen its Gulf Coast presence, and enhance its service portfolio with advanced nitrogen technologies to improve operational efficiency and customer support. PFS Nitrogen Services is a US-based provider of nitrogen technology solutions for the pipeline and petrochemical industries, offering equipment and services such as pump trucks, nitrogen transports, vaporizers, pig tracking, and pipe-freeze technology.

Major companies operating in the nitrogen market are Linde plc, Air Liquide SA, Air Products and Chemicals Inc., Messer Group GmbH, Taiyo Nippon Sanso Corporation, Air Water Inc., Yingde Gases Group Co. Ltd., Praxair Technology Inc., Matheson Tri-Gas Inc., Gulf Cryo, INOX Air Products Ltd., SOL Group, SIAD S.p.A., Nippon Gases Co., Ltd., Hangzhou Hangyang Co., Ltd., Sasol Limited, BASF SE, Mitsubishi Chemical Corporation, Sumitomo Chemical Co., Ltd., Shandong Hualu-Hengsheng Chemical Co., Ltd., UBE Industries Ltd.

Asia-Pacific was the largest region in the nitrogen market in 2025. North America was the second-largest region in the global nitrogen market. The regions covered in the nitrogen market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the nitrogen market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The nitrogen market consists of the sales of gas and liquid nitrogen used for the replacement of air and limit the oxidation of materials. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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