산업용 질소 발생기 시장 예측(-2030년) : 유형별, 사이즈별(휴대용, 고정형), 디자인별, 최종사용자별, 지역별 세계 분석

According to Stratistics MRC, the Global Industrial Nitrogen Generator Market is accounted for $4.8 billion in 2023 and is expected to reach $7.9 billion by 2030 growing at a CAGR of 7.3% during the forecast period. A device that extracts nitrogen molecules from compressed air is known as a nitrogen generation system or nitrogen generator. Generators of nitrogen gas can provide purity levels of up to 99.999%. One of the most effective methods for supplying nitrogen is through nitrogen generators, which can deliver high-purity gas on a constant basis. Nitrogen is a substance that occurs naturally and is crucial for the growth of both plants and animals. In the cosmos, it is the eighth most prevalent element. Due to its inertness, it can be used to fill tyres on cars and aeroplanes, replace air in situations where oxidation is desired, and produce electronic components including transistors, diodes, and integrated circuits.

According to The Congressional Budget Office, of the U.S., in 2019, the pharmaceutical industry invested $83 billion on R&D of new pharmaceutical products and between the years 2010 and 2019, the total number of new drugs that were approved for sale increased by 60% compared to the previous decade, and reached a peak of 59 new drugs approved in 2018.

Market Dynamics:

Driver:

Rising consumer demand from the food and beverage sector

In the food and beverage sector, industrial nitrogen generators are used to create nitrogen, which is then used in the processing and packaging of food and beverage goods. Food products suffer negative impacts from oxygen and moisture. Nitrogen helps preserve perishable food and beverage products for a longer period of time by generating an inert atmosphere. Food packaging innovation for processed foods is driven by convenience attributes including simple opening, portability, and single-use packaging. The market is being driven by two factors: convenience and aesthetic appeal.

Restraint:

Strong regulatory limitations

The market for industrial gas is subject to highly strict controls. These gases are combustible, caustic, and explosive by nature, hence there are rules on how they can be used. To prevent any leaks or accidents, nitrogen gas is stored at specific conditions of temperature and pressure. The market is directly impacted by laws governing the creation, transportation, and storage of these gases. Nitrogen gas is toxic to people because it can impair their physical and mental well-being. This is the main factor hindering market expansion.

Opportunity:

Increased efficiency and enhanced safety

Modern nitrogen generators are more energy-efficient than ever, which allows them to run more swiftly and create nitrogen while using less energy. Compared to more conventional nitrogen generation techniques like liquid nitrogen plants and air separation units (ASUs), nitrogen generators are more effective. The development of market is also being fuelled by the safety-conscious design of the most recent models, which incorporate features like pressure relief valves and automatic shut-off systems to prevent mishaps.

Threat:

High cost of production of nitrogen gas

There is a big difficulty since the change in the price of raw materials and the increase in the cost of production cause considerable swings in the vendors' profit margins. Noble gas extraction from the atmosphere requires a lot of energy, and nitrogen makes up the majority of the yield. The industrial nitrogen generator market's primary cost factors are energy prices, storage costs, and distribution costs, which are impeding market expansion.

COVID-19 Impact:

Transportation, electrical & electronics, chemical & petrochemical, food & beverage, medical & pharmaceutical, and other industries employ industrial nitrogen generators. During this economic crisis, revenue loss and a decline in capital expenditures were noted. The food and beverage industry has to contend with a number of operational uncertainties, safety procedures, supply chain disruptions, emergency responses, ongoing situational awareness, incident management, reimagining business models and strategies, financial challenges, and greater digitalization. Lockdowns and a lack of labourers in the transportation industry hindered the production of automobiles.

The PSA segment is expected to be the largest during the forecast period:

The PSA segment is estimated to have a lucrative growth, due to ease of use, efficient operations, and low cost. These generators utilise the pressure swing adsorption technique from compressed and filtered air to produce a continuous stream of nitrogen gas. PSA nitrogen generators are also employed in the production of consumer electronics, metalworking, and automotive electronics. With the use of this technology, the purest form of nitrogen can be produced for use in food processing, creating an inert atmosphere for the production of electronics, transporting perishable food items, and other applications.

The food & beverage segment is expected to have the highest CAGR during the forecast period:

The food & beverage segment is anticipated to witness the fastest CAGR growth during the forecast period, due to the increased necessity for better quality packaged food items, growth in demand for convenient foods. These tools aid in the proper processing of food and drink, which prolongs the freshness of processed foods and lengthens the shelf life of the goods. Demand for the market is also being fueled by an increase in income levels and a growing middle-class population.

Region with Largest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to economic advancement of emerging economies, where consumption for packed and accessible food products is growing annually. The region's market is also being driven by increased industrialization, rising demand brought on by demographic changes, including rising living standards and disposable incomes, and government initiatives to draw investments in sectors like the automotive, marine, packaging, manufacturing, oil & gas, and chemical.

Region with highest CAGR:

Europe is projected to have the highest CAGR over the forecast period, owing to the high demand for nitrogen generators. As on-site nitrogen generators offer many advantages over nitrogen cylinders, they are frequently sought after by end customers like food and beverage producers, laboratories, and transportation. Additionally, rising urbanisation rates and population growth are pushing up demand for high-quality processed foods and increasing the use of industrial nitrogen generators.

Key players in the market

Some of the key players profiled in the Industrial Nitrogen Generator Market include Parker Hannifin Corporation, Air Liquide, Inmatec , Air Products and Chemicals, Inc., Novair SAS, Atlas Copco AB, Oxymat A/S, Hitachi Industrial Equipment System Company, Ingersoll Rand, On Site Gas Systems, Inc., Linde Plc, Peak Gas Generation, Airpack Nederland B.V., Generon, LLC , NOXERIOR s.r.l., Compressed Gas Technologies Inc. and Semmco Limited.

Key Developments:

In February 2023, Air Liquide and TotalEnergies announce their decision to create an equally owned joint venture to develop a network of hydrogen stations, geared towards heavy duty vehicles on major European road corridors.

In September 2022, Parker-Hannifin Corp. has completed its acquisition of U.K.-based aerospace and defense supplier Meggitt for approximately £6.3 billion, according to announcement from the two companies.

Types Covered:

• PSA
• Membrane based
• Cryogenic based
• Other Types

Sizes Covered:

• Portable
• Stationary

Designs Covered:

• Plug & play
• Cylinder based

End Users Covered:

• Medical & Pharmaceutical
• Manufacturing
• Food & beverage
• Packaging
• Electrical & Electronics
• Transportation
• Chemical & Petrochemical
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 End User Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Industrial Nitrogen Generator Market, By Type

• 5.1 Introduction
• 5.2 PSA
• 5.3 Membrane based
• 5.4 Cryogenic based
• 5.5 Other Types

6 Global Industrial Nitrogen Generator Market, By Size

• 6.1 Introduction
• 6.2 Portable
• 6.3 Stationary

7 Global Industrial Nitrogen Generator Market, By Design

• 7.1 Introduction
• 7.2 Plug & play
• 7.3 Cylinder based

8 Global Industrial Nitrogen Generator Market, By End User

• 8.1 Introduction
• 8.2 Medical & Pharmaceutical
• 8.3 Manufacturing
• 8.4 Food & beverage
• 8.5 Packaging
• 8.6 Electrical & Electronics
• 8.7 Transportation
• 8.8 Chemical & Petrochemical
• 8.9 Other End Users

9 Global Industrial Nitrogen Generator Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 Parker Hannifin Corporation
• 11.2 Air Liquide
• 11.3 Inmatec
• 11.4 Air Products and Chemicals, Inc.
• 11.5 Novair SAS
• 11.6 Atlas Copco AB
• 11.7 Oxymat A/S
• 11.8 Hitachi Industrial Equipment System Company
• 11.9 Ingersoll Rand
• 11.10 On Site Gas Systems, Inc.
• 11.11 Linde Plc
• 11.12 Peak Gas Generation
• 11.13 Airpack Nederland B.V.
• 11.14 Generon, LLC
• 11.15 NOXERIOR s.r.l.
• 11.16 Compressed Gas Technologies Inc.
• 11.17 Semmco Limited