The Business Research Company’s Nitrogen Global Market Report 2020. The report covers market size, key players, market share and trends.
Nitrogen Global Market Report 2020 is one of a series of new reports from The Business Research Company that provide Nitrogen market overviews, analyze and forecast market size and growth for the whole market, Nitrogen market segments and geographies, Nitrogen market trends, Nitrogen market geographies. The report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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The nitrogen market consists of sales of industrial nitrogen and its related services used in various applications such as for food packaging in the food industry to prevent food spoilage, in steel manufacturing to prevent oxidation. The nitrogen gas is colorless, odorless, inert and non-flammable gas. It can be used to replace air and reduce or eliminate oxidation of materials including food items. This gas is used in various industries including healthcare, food & beverages, metal production, automotive, chemicals and agrochemicals etc.
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The global nitrogen market was worth $ 26.10 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 10% and reach $38.372 billion by 2023.
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