Nitrogen Market

By Product Type;

Compressed Gas and Liquid Nitrogen

By Application;

Commercial, Industrial and Science & Research

By End User;

Petrochemical, Oil & Gas, Metal Manufacturing & Fabrication, Food & Beverage, Electronics, Pharmaceutical & Healthcare and Chemical

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn632528762 Published Date: September, 2025 Updated Date: October, 2025

Nitrogen Market Overview

Nitrogen Market (USD Million)

Nitrogen Market was valued at USD 46,847.00 million in the year 2024. The size of this market is expected to increase to USD 108,854.27 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 12.8%.


Nitrogen Market

*Market size in USD million

CAGR 12.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)12.8 %
Market Size (2024)USD 46,847.00 Million
Market Size (2031)USD 108,854.27 Million
Market ConcentrationLow
Report Pages400
46,847.00
2024
108,854.27
2031

Major Players

  • Air Products and Chemicals, Inc.
  • Gulf Cyro,
  • Universal Industrial Gases, Inc.
  • NEXAIR
  • Southern Industrial Gas
  • Praxair Technology, Inc.
  • Taiyo Nippon Sanso
  • Axcel Gases
  • Linde Plc
  • Omega Air
  • Ellenbarrie industrial Gases.
  • Messer Group

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Nitrogen Market

Fragmented - Highly competitive market without dominant players


The Nitrogen Market is expanding steadily due to its widespread application in fertilizers, chemicals, food preservation, and electronics. With over 60% of usage linked to fertilizers, nitrogen plays a pivotal role in supporting agricultural productivity and food security. Its importance extends beyond farming, making it essential for industrial and medical processes worldwide.

Key Drivers Accelerating Growth
Demand from industrial sectors contributes to nearly 45% of nitrogen consumption, highlighting its relevance in producing ammonia, nitric acid, and industrial chemicals. The increasing emphasis on sustainable farming and advanced manufacturing practices continues to fuel nitrogen adoption across multiple end uses, strengthening overall market demand.

Expanding Applications
Nitrogen’s role has expanded significantly in healthcare and pharmaceuticals, with usage rising by about 30% in cryopreservation, pharmaceutical packaging, and controlled medical environments. At the same time, the electronics industry relies heavily on nitrogen for creating inert processing conditions, underlining its critical contribution to precision-driven industries.

Advancements Strengthening Market Adoption
The market is benefiting from over 40% adoption of on-site nitrogen generation systems, reducing reliance on large-scale distribution networks. These technologies are driving cost savings, operational efficiency, and greater flexibility. Additionally, gas separation innovations are allowing industries to access customized nitrogen supply, further enhancing market value.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Nitrogen Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Population Growth
        2. Technological Advancements
        3. Government Support
        4. Expansion of Agricultural Land
      2. Restraints
        1. Environmental Concerns
        2. Price Volatility
        3. Competitive Market
        4. Alternative Fertilizers
      3. Opportunities
        1. Focus on Sustainable Agriculture
        2. Rising Demand in Emerging Markets
        3. Technological Innovations
        4. Vertical Integration
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Nitrogen Market, By Product Type, 2021 - 2031 (USD Million)
      1. Compressed Gas
      2. Liquid Nitrogen
    2. Nitrogen Market, By Application, 2021 - 2031 (USD Million)
      1. Commercial
      2. Industrial
      3. Science & Research
    3. Nitrogen Market, By End User, 2021 - 2031 (USD Million)
      1. Petrochemical
      2. Oil & Gas
      3. Metal Manufacturing & Fabrication
      4. Food & Beverage
      5. Electronics
      6. Pharmaceutical & Healthcare
      7. Chemical
    4. Nitrogen Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Linde plc
      2. Air Liquide
      3. Air Products and Chemicals, Inc.
      4. Messer Group GmbH
      5. TAIYO NIPPON SANSO CORPORATION
      6. Gulf Cryo
      7. Universal Industrial Gases, Inc.
      8. NEXAIR
      9. Southern Industrial Gas Sdn Bhd
      10. Praxair Technology, Inc.
      11. Axcel Gases
      12. Omega Air
      13. Ellenbarrie Industrial Gases
      14. Parker Hannifin
      15. Dubai Industrial Gas
  7. Analyst Views
  8. Future Outlook of the Market