July 2023 - Air Liquide and KBR collaborated to provide low-carbon ammonia solutions using ATR technology. ATR is ideal for producing large-scale low-carbon hydrogen, which when combined with nitrogen, creates low-carbon ammonia. These solutions will aid the growth of a global low-carbon hydrogen market and enable easy transportation of hydrogen as ammonia.
April 2022 - Linde announced the signing of another long-term contract for the supply of bulk industrial gases with a significant Florida space launch firm.
Author Credits: Smruti Ranjan, Rajrani Baghel
Report ID: 3638
Published Date: Sep 27, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Increasing demand for liquid nitrogen in industrial gas and electronic product applications and growing infrastructural activities are driving the market growth.
The market size of liquid nitrogen is anticipated to attain a CAGR of 5% over the forecast period, i.e., 2024 â€“ 2036.
The major players in the market are Cryomech Inc, Air Liquide, Linde Group Messer Group, Nexair LLC, Fujitsu, Taiyo Nippon Sanso Corporation, Mitsubishi Heavy Industries, Nikkiso Co. Ltd, Tokyo Gas Chemicals Co. Ltd and others.
The market in Asia Pacific is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.