Global Nitrogen Gas Generator Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Technology (Pressure Swing Adsorption (PSA) Technology, Membrane Technology), By End-User Industry (Pharmaceutical, Chemical, Food Packaging, Electronics, Aerospace And Defense, Oil And Gas, Others), And By Geography - Forecasts From 2022 To 2027

Published:  Sep 2022 Report Code: KSI061612194 Pages: 122

Stringent workers’ safety regulations across different industries are the major driver of the nitrogen gas generator market. The application of nitrogen gas generators as dielectric gases in high-voltage equipment and fire and corrosion control is fueling the overall market growth. There is a burgeoning demand for nitrogen gas to cater to various applications across different end-use industries, including aerospace, oil and gas, food packaging, and pharmaceuticals. The use of nitrogen gas generators includes the manufacturing of fertilizers and pesticides, removal of some types of cancer and skin lesions via cryosurgery methods, and providing a safe, clean, dry, and unreactive environment for the manufacturing of electronics. The growing global oil and gas industry is one of the major drivers of the nitrogen gas generator market. With increasing E&P (exploration and production) activities in countries like the U.S., Mexico, and Brazil, the demand for nitrogen gas generators is increasing significantly for a wide range of areas to prevent fire and explosion hazards, both offshore and onshore.

Research activities and other growth strategies to expand the product portfolio by major players in the market aided the nitrogen gas generator's market expansion during the period.   

The research and development in the nitrogen gas generator industry boosted its demand significantly in the period. For instance, Novagenix Bioanalytical Pharmaceuticals R&D Inc. used PEAK nitrogen gas generators to conduct their research into COVID-19 drug discovery. Furthermore, the prominent vendors in the global nitrogen gas generator market are adopting various growth strategies, including product launches, so as to diversify their product portfolio while expanding their customer base in the global market. For example, in August 2019, Air Products announced the launch of their new product called the “PRISM Pro-Line Nitrogen Generator GEN1, which is a membrane-based nitrogen generator and is placed inside a cabinet made of stainless steel that caters to applications in the marine, oil and gas, and offshore industries. The PRISM Pro-Line Nitrogen Generator by Air Products consists of an installed control panel and an operator terminal that contains all the necessary safety devices, such as alarms and functions that help facilitate the shutdown of the system. The functions are carried out by using a communication protocol known as Modbus TCP. It is also available with two membrane configurations, PA6050 and PB6050, the PA6050 is for catering to the use in continuously operating systems, and the PB6050 is for catering to user systems that require nitrogen throughout the day with high-pressure separators.

Key Developments

  • Atlas Copco AB acquired the air treatment and nitrogen generator manufacturer Purification Solutions LLC. in January 2021. Atlas Copco aimed to utilize Purification Solution’s expertise and product portfolio to increase its market share and accelerate business development in strategic markets.
  • In January 2020, Oreco, one of the leading enterprises dealing with the design, fabrication, and widespread sale of systems that are fully automated for facilitating the cleaning of large crude oil tanks in the oil and gas industry, announced that they had entered a negotiation with Phoenix Egypt Co. to aid Oreco in starting the sale and to further expand the operations in Egypt and Jordan, among other Middle East countries.
  • In June 2019, Oreco announced its plans to start the production of nitrogen generators as well as oxygen generators.

The chemical industry held a noteworthy market share

The chemical industry accounted for a significant market share. Some of the major applications of nitrogen gas in the chemical industry include purging (before and during batch processing), blanketing (tanks and other storage volumes), and packaging to prevent reactions with oxygen and other volatile chemicals. As such, the growing global chemical industry is driving the market growth of nitrogen gas generators worldwide. However, the recent COVID-19 global pandemic outbreak has severely impacted the global chemical industry. Government quarantines for maintaining social distance to prevent the spread of this deadly virus have forced many companies across various industries to temporarily shut down factories and halt production in different regions. As such, the demand for chemicals has temporarily declined, which, in turn, is negatively impacting the global nitrogen gas generator market’s growth.

APAC projected to witness a substantial CAGR during the forecast period

Geographically, the global nitrogen gas generator market is segmented into North America, South America, Europe, the Middle East and Africa (MEA), and Asia Pacific (APAC). The North American region is expected to hold a significant market share during the forecast period owing to the strict workers’ safety regulations implemented by OSHA along with the presence of major market players in the region. The booming oil and gas industry in the U.S. and Mexico, supported by favourable government initiatives and policies will continue to bolster the nitrogen gas generator market growth in this region.

The Asia-Pacific (APAC) region is projected to grow at a noteworthy CAGR during the forecast period owing to the growing end-user industries such as chemical, food packaging, and pharmaceuticals in countries like China and India. These, along with other APAC countries, are manufacturing hubs for electronics, which also contributed to the market growth of nitrogen gas generators in this region.

COVID-19 Insights

The COVID-19 outbreak had a negative impact on the global nitrogen gas generator market, which can be attributed to the industrial reduced use of nitrogen gas generators owing to the temporary shutdowns of end-user industries such as the electronic industry, laser cutting industries, and more. Moreover, major nitrogen gas generator companies introduced COVID-19 measures to secure the supply chain from decentralized factories and distribution centres which further impacted the market efficiency. For instance, Altas Copco, a major player in the nitrogen gas generator market undertook a COVID-19 action plan which involved risk assessments for customer site visits, business continuity plan pressure testing, implementation of a health declaration process, and many more measures to ensure consumer safety. Such measures were taken by many industry players in the market during the pandemic which slowed down the market growth.

Global Nitrogen Gas Generator Market Scope:

Report Metric Details
 Growth Rate  CAGR during the forecast period
 Base Year  2020
 Forecast Period  2022–2027
 Forecast Unit (Value)  USD Billion
 Segments Covered  Technology, End-User Industry, And Geography
 Regions Covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies Covered Peak Scientific Instruments., Oxymat A/S, Parker Hannifin Corporation, Oy Atlas Copco Kompressorit Ab, INMATEC GaseTechnologie GmbH & Co.KG, Holtec Gas Systems, On Site Gas Systems, Linde, Kuraray Co., Ltd., GENERON, NOVAIR INDUSTRIES
 Customization Scope  Free report customization with purchase

 

Segmentation

  • By Technology
    • Pressure Swing Adsorption (PSA) Technology
    • Membrane Technology
  • By End-User Industry
    • Pharmaceutical
    • Chemical
    • Food Packaging
    • Electronics
    • Aerospace and Defense
    • Oil and Gas
    • Others
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • France
      • United Kingdom
      • Spain
      • Others
    •  Middle East and Africa
      • Saudi Arabia
      • UAE
      • Israel
      • Others
    • Asia Pacific
      • China
      • Japan
      • India
      • South Korea
      • Indonesia
      • Thailand
      • Others

1. Introduction
1.1. Market Overview
1.2. COVID-19 Scenario
1.3. Market Definition
1.4. Market Segmentation


2. Research Methodology
2.1. Research Data
2.2. Assumptions


3. Executive Summary
3.1. Research Highlights


4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis


5. Global Nitrogen Gas Generator Market Analysis, By Technology
5.1. Introduction
5.2. Pressure Swing Adsorption (PSA) technology
5.3. Membrane technology


6. Global Nitrogen Gas Generator Market Analysis, By End-User Industry 
6.1. Introduction
6.2. Pharmaceutical
6.3. Chemical
6.4. Food Packaging
6.5. Electronics
6.6. Aerospace and Defense
6.7. Oil and Gas
6.8. Others 


7. Global Nitrogen Gas Generator Market Analysis, By Geography
7.1. Introduction
7.2. North America
7.2.1. USA
7.2.2. Canada
7.2.3. Mexico
7.3. South America
7.3.1. Brazil
7.3.2. Argentina
7.3.3. Others
7.4. Europe
7.4.1. Germany
7.4.2. France
7.4.3. United Kingdom
7.4.4. Spain
7.4.5. Others
7.5.  Middle East and Africa
7.5.1. Saudi Arabia
7.5.2. UAE
7.5.3. Israel
7.5.4. Others
7.6. Asia Pacific
7.6.1. China
7.6.2. Japan
7.6.3. India
7.6.4. South Korea
7.6.5. Indonesia 
7.6.6. Thailand
7.6.7. Others

8. Competitive Environment and Analysis
8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrativeness
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix


9. Company Profiles 
9.1. Peak Scientific Instruments.
9.2. Oxymat A/S
9.3. Parker Hannifin Corporation
9.4. Oy Atlas Copco Kompressorit Ab
9.5. INMATEC GaseTechnologie GmbH & Co.KG
9.6. Holtec Gas Systems
9.7. On Site Gas Systems
9.8. Linde
9.9. Kuraray Co., Ltd.
9.10. GENERON
9.11.  NOVAIR INDUSTRIES

Peak Scientific Instruments.

Oxymat A/S

Parker Hannifin Corporation

Oy Atlas Copco Kompressorit Ab

INMATEC GaseTechnologie GmbH & Co.KG

Holtec Gas Systems

On Site Gas Systems

Linde

Kuraray Co., Ltd.

GENERON

NOVAIR INDUSTRIES

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