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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Air Products and Chemicals Inc., AMCS Corp., Asia Industrial Gases Pte. Ltd., Gulf Cryo Holding CSC, LAIR LIQUIDE SA, Linde Plc, Messer Group GmbH, Mitsubishi Chemical Holdings Corp., nexAir LLC, and Statebourne Cryogenics Ltd. are some of the major market participants. The increasing adoption of cryosurgery, cryotherapy's increased application in cryogenics, and safety concerns in the food and beverages industry will offer immense growth opportunities. However, factors such as hazards associated with liquid nitrogen may threaten the growth of the market.
Liquid Nitrogen market 2021-2025: Segmentation
- End-user
- CPB
- F And B
- Metal Manufacturing And Construction
- Others
- Geography
- North America
- APAC
- Europe
- South America
- MEA
Liquid Nitrogen Market 2021-2025: Vendor Analysis and Scope
To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market. Also, to leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.
The report also covers the following areas:
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Liquid Nitrogen Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist liquid nitrogen market growth during the next five years
- Estimation of the liquid nitrogen market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the liquid nitrogen market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of liquid nitrogen market vendors
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Liquid Nitrogen Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.80% |
Market growth 2021-2025 |
USD 5026.51 billion |
Market structure |
Fragmented |
YoY growth (%) |
4.23 |
Regional analysis |
North America, APAC, Europe, South America, and MEA |
Performing market contribution |
North America at 44% |
Key consumer countries |
US, China, Canada, UK, and Germany |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Air Products and Chemicals Inc., AMCS Corp., Asia Industrial Gases Pte. Ltd., Gulf Cryo Holding CSC, LAIR LIQUIDE SA, Linde Plc, Messer Group GmbH, Mitsubishi Chemical Holdings Corp., nexAir LLC, and Statebourne Cryogenics Ltd. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Download a free sample now to uncover more highlights of the liquid nitrogen market companies.
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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