Industrial Nitrogen Market Report 2025

Industrial Nitrogen market report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The industrial nitrogen market size has grown strongly in recent years. It will grow from $20.13 billion in 2024 to $21.47 billion in 2025 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to growing industrialization, chemical industry demand, metal manufacturing, food and beverage industry.

The industrial nitrogen market size is expected to see strong growth in the next few years. It will grow to $28.16 billion in 2029 at a compound annual growth rate (CAGR) of 7%. The growth in the forecast period can be attributed to expanding electronics industry, healthcare applications, energy sector, environmental regulations. Major trends in the forecast period include green nitrogen production, technological advancements, increased application in pharmaceuticals, on-site nitrogen generation, digitalization and automation, strategic collaborations and partnerships.

The expansion of the food and beverage industry is driving growth in the industrial nitrogen market. Nitrogen is utilized in commercial food and beverage production processes, particularly in modified atmosphere packaging, to extend the freshness of mass-produced food items. The ongoing Russia-Ukraine war has hindered the prospects for global economic recovery from the COVID-19 pandemic, at least in the short term. The conflict has resulted in economic sanctions against several countries, increased commodity prices, and supply chain disruptions, impacting various markets worldwide. For example, in April 2024, the United States Department of Agriculture (USDA), a federal agency based in the U.S., reported that food expenditures rose by 12.4% in 2022, placing third after housing (33.3%) and transportation (16.8%), with increased spending in areas such as savings, food, transportation, insurance, and apparel compared to 2021. Therefore, the growing food and beverage industry is anticipated to boost the industrial nitrogen market in the upcoming forecast period.

The increasing demand for fertilizers is projected to drive the growth of the industrial nitrogen market in the future. Fertilizers are substances or formulations that contain essential nutrients and are applied to soil or plants to promote growth and enhance productivity. Nitrogen is a vital component of many fertilizers, especially those designed to encourage lush, leafy growth in plants, including crops like wheat, corn, and leafy vegetables. As global agricultural practices evolve to meet the needs of a growing population, the demand for nitrogen-rich fertilizers is also rising. For example, in March 2024, the United States Department of Agriculture (USDA), a federal agency based in the U.S., reported that the average cost per acre was $225.78 in 2022, which decreased to an estimated $186.73 in 2023. This represents an 89% increase from 2021 to 2022, followed by a 17% decline from 2022 to 2023. Thus, the growing demand for fertilizers is fueling the growth of the industrial nitrogen market.

The industrial nitrogen market is witnessing a key trend with the increasing occurrence of mergers and acquisitions. An example of this trend is seen in the acquisition carried out by Air Products, a US-based industrial gas company, in April 2022, where they acquired Air Liquide Emirates for Industrial Gases LLC (ALEMIR) and Orca Industrial Gases LLC, contributing to the company's growth strategy in the Middle East. Air Liquide Emirates for Industrial Gases LLC (ALEMIR) is the UAE-based industrial gases division of Air Liquide.

Major companies in the industrial nitrogen market are strategically focusing on innovation, introducing technologies such as nitrogen leaching monitoring capabilities to enhance profitability. Nitrogen leaching monitoring capabilities involve the capacity to measure and track the movement of nitrogen through soil into groundwater or surface water. This capability is essential for effective agricultural and environmental management, allowing precise measurement and tracking of nitrogen movement in soil to minimize environmental impact and ensure regulatory standards are met. CropX Technologies, Ltd., an Israel-based agricultural technology company, launched a nitrogen leaching monitoring capability in August 2022, emphasizing its importance in environmental management, particularly in agriculture, where excess nitrogen can lead to water pollution and other environmental issues.

In December 2023, WSG Energy, a global company based in the Netherlands, acquired Azoto Energy for an undisclosed amount. The purpose of this acquisition is for WSG Energy to strengthen its position as a leading provider of engineered nitrogen solutions in Canada. This strategic initiative aims to expand WSG's global footprint and enhance its offerings in the clean energy infrastructure sector. Azoto Energy is a privately held nitrogen pumping company based in Canada.

Major companies operating in the industrial nitrogen market include Praxair Technology Inc., Air Products And Chemicals Inc., Air Liquide S. A., Linde plc, Nippon Sanso Holdings Corporation, Cryotec Anlagenbau GmbH, Bhuruka Gases Limited, Sudanese Liquid Air Co. Ltd., Canair Nitrogen Inc., The Messer Group GmbH, Nexair LLC, Gulf Cryo, Southern Industrial Gas Sdn. Bhd., Universal Industrial Gases Inc., Yingde Gases Group Company, Ellenbarrie Industrial Gases Ltd., Bombay Oxygen Corporation Ltd., Emirates Industrial Gases Co. LLC, Chengdu Taiyu Industrial Gases Co. Ltd., Aspen Air Corporation, Cryomech Inc., MVS Engineering Pvt. Ltd., Cryogenic Industries Inc., AMCS Corporation, Statebourne Cryogenics Ltd., Asia Industrial Gases Pte. Ltd., Sutton-Garten Co.

Asia-Pacific was the largest region in the Industrial Nitrogen market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial nitrogen market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the industrial nitrogen market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

Industrial nitrogen is a colorless, odorless, and chemically inert gas with applications in various industrial processes where chemical cross-reactivity between substrates is undesirable. It finds use in sectors such as food processing, the beverage and brewery industries, oil and gas recovery, and others.

The main forms of industrial nitrogen are compressed gas and liquid nitrogen. Compressed gas is stored under pressure in cylinders, and it constitutes 78% of the Earth's atmosphere. Industrial nitrogen comes in different grades, including high purity and low purity. Various technologies are employed for the production of industrial nitrogen, such as cryogenic fractional distillation, pressure swing adsorption, and membrane separation. Industrial nitrogen is transported through different methods, including bulk, cylinder, packed gas, and tonnage/pipeline. It is utilized by a range of end-users, including petrochemicals, oil and gas, metal manufacturing and fabrication, food and beverage, electronics, pharmaceuticals, healthcare, and chemicals.

The industrial nitrogen market research report is one of a series of new reports that provides industrial nitrogen market statistics, including industrial nitrogen industry global market size, regional shares, competitors with an industrial nitrogen market share, detailed industrial nitrogen market segments, market trends and opportunities, and any further data you may need to thrive in the industrial nitrogen industry. This industrial nitrogen market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The industrial nitrogen market consists of sales of low purity and high purity nitrogen. 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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