Latin America Liquid Nitrogen Market Size, Share, Trend, Analysis 2022-2027

Latin America Liquid Nitrogen Market Size, Share, Trend, Analysis 2022-2027

El nuevo estudio de Informes de Expertos titulado ‘El Mercado Latinoamericano de Nitrรณgeno Lรญquido, Informe y Pronรณstico 2022-2027′, ofrece un anรกlisis profundo del mercado, evaluรกndolo por funciรณn, tecnologรญa, almacenamiento, uso final, y las regiones clave. El informe analiza los factores clave de รฉxito y las limitaciones, tambiรฉn rastrea las รบltimas tendencias en la industria y estudia su impacto en el mercado en general. Ademรกs, evalรบa la dinรกmica del mercado, cubriendo los indicadores clave de demanda y precio, junto con el anรกlisis del mercado basado en los modelos FODA y las Cinco Fuerzas de Porter.

The new report by Informes de Expertos titled, โ€˜Latin America Liquid Nitrogen Market 2022-2027โ€™, gives an in-depth analysis of the market, assessing it based on function, technology, storage, end-use, and key regions. The report analyses key success factors and constraints, tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porterโ€™s Five Forces models.

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The key highlights of the report include:

Market Overview (2017-2027)

  • Forecast CAGR (2022-2027): X%

One of the main factors stimulating the liquid nitrogen market is the growing demand in the pharmaceutical sector for retaining cold reaction temperatures for drugs. Moreover, the rise in the use of mobile technologies in this sector furthers the industryโ€™s growth. In addition, the product is also employed as a coolant and refrigerant in several other industries, like metal processing and construction, chemical, automotive, rubber and plastic, electronics, among others. Thus, the growth of these industries will provide impetus to the target market growth. It is projected that the wide adoption of liquid nitrogen across the food industry to cool, preserve and freeze the products and improve their shelf life will further support the marketโ€™s expansion.

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Industry Definition and Major Segments

By function, the industry is divided into:

  • Coolant
  • Refrigerant

By technology, the market has been segmented into:

  • Cryogenic Distillation
  • Pressure Swing Adsorption

By storage, the market is fragmented into:

  • Cylinders and Bottled Gas
  • Merchant Liquid
  • Tonnage
  • Others

Based on end-use, the report classifies the market into:

  • Chemical and Pharmaceutical
  • Healthcare
  • Food and Beverage
  • Metal Manufacturing
  • Construction
  • Rubber and Plastic
  • Others

Key regions covered include:

  • Brazil
  • Argentina
  • Mexico
  • Chile
  • Others

Market Trends

Some of the crucial factors driving the growth of the Latin America liquid nitrogen market are rising applications and product demand across various end-use industries. These include industries like chemicals, pharmaceuticals, rubber, plastics, food, and automobile industries. An increasing demand for the product is also witnessed across other segments like healthcare, metal fabrication and manufacturing. It is projected that the rapid growth of these end-use segments will contribute significantly to the target industryโ€™s expansion.  Furthermore, the productโ€™s rising applications in areas such as cryopreservation, cryotherapies, and cryosurgeries, are expected to pave the way for market demand in the coming years.

Key Market Players

The major players in the market are:

  • Linde plc.
  • Air Products Inc.
  • Praxair Technology, Inc.
  • Taiyo Nippon Sanso Corporation
  • Southern Industrial Gas Sdn Bhd
  • Others

This report covers their profiles and provides information on expansions, investments and mergers and acquisitions, among other latest industry developments.

About Us:

Informes de Expertos (https://informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

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Determined to bring client satisfaction, we make sure that our tailored approach meets the clientโ€™s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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We at Informes de Expertos always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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