The US nitrogen generator market size is expected to reach US$ 2.71 billion by 2031 from US$ 1.83 billion in 2023. The market is estimated to record a CAGR of 5.1% during 2023–2031. Emphasis on on-site nitrogen generation is likely to bring a new set of key trends in the market in the coming years.
The flourishment of the food and beverages, and pharmaceuticals industries fuels the growth of the US nitrogen generator market. Further, the ongoing surge in import and export activities across these industries would propel the need for nitrogen to maintain the proper environment for extending the shelf life of products and perishable goods during trade and storage. The rising number of remote oil & gas and mining plants, and ongoing industrialization efforts also act as a major driver for the market growth. Nitrogen is used for sample preparation in chemical analyses. Additionally, it is used to concentrate and decrease the volume of liquid chemical samples. Nitrogen is also used in the production of fertilizers, nitric acid, nylon, dyes, and explosives. Investments in the electronics and transportation sectors are substantially increasing in the US, which benefits the nitrogen generator market growth in the US.
Industries such as food and beverages, pharmaceuticals, chemicals, electronics, oil and gas, utilities, transportation, marine, mining, and manufacturing contribute significantly to the development of the US nitrogen generator market. Nitrogen finds notable applications in the creation of controlled conditions through inerting, blanketing, and purging. It is also used in sterile packaging (food, beverage, medicines, etc.), tire air pressure maintenance, laser cutting, and laboratory applications, among others.
The use of on-site nitrogen generators primarily lowers the cost per unit of nitrogen, and saves space as there is no requirement to store bulky nitrogen containers. It also helps in the continuous supply of nitrogen and reduces overall operating costs. Nitrogen serves as a stable, inert inflation gas while also reducing the introduction of moisture from the tire cavity. The gas is also treated as an essential part of aircraft maintenance, operation, and turnaround. Many regulatory authorities demand the application of nitrogen gas while inflating aircraft wheels. In addition to mechanical advantages, it proves beneficial in reducing oxidative damage to the rubber wheels. Nitrogen gas also helps eliminate any fire or explosion, wheel corrosion, or fatigue initiated by brake heat transfer. Thus, the growing application of nitrogen in the aerospace sector is anticipated to create growth opportunities to the US nitrogen generator market over the forecast period
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US Nitrogen Generator Market: Strategic Insights
Nitrogen generators are installed on-site to produce gas and immediately supply it to extinguish fires as well as prevent fire explosions by creating an inert atmosphere. In automotive applications, nitrogen-driven tires outperform conventional air-filled tires in terms of performance and safety. The resistance of nitrogen to temperature-induced pressure variations decreases the chance of tire blowouts, contributing to road and aircraft safety. In the food and beverage industry, nitrogen is predominantly applied for preservation, packaging, and quality enhancement. It replaces oxygen in packaging and substantially extends the shelf life of delicate items by slowing down bacterial growth and oxidation. It also helps keep the texture and flavor of food and beverages intact by reducing the amount of oxygen present in food packaging, which can inhibit oxidation and preserve the freshness of the product. Its inert properties make it suitable for maintaining a controlled atmosphere in food processing and storage. Thus, the significance of nitrogen in industries such as food and beverage, automotive, among others propels the US nitrogen generator market.
Nitrogen generators such as membrane nitrogen generators or pressure swing adsorption (PSA) generators are installed on ships to generate high-purity nitrogen gas from the surrounding air. The produced nitrogen is then directed into the cargo tanks to decrease the oxygen levels and establish an inert atmosphere. Protecting cargo from accidents such as explosions and fire breaks is one of the main concerns of logistics managers while transporting clean products, crude oil, and liquefied gases by tankers. The safety of transportation via tankers is also crucial for ensuring the well-being of many coastal nations and environmental protection associations. Subsequently, vessels involved in the transportation of crude oil, clean products, and gases are subjected to strict building standards to prioritize both safe transportation and environmental protection. Since 1974, the Safety of Life at Sea (SOLAS) regulations mandate that all oil and gas transportation vessels must comprise inert gas generation systems capable of producing inert gases to keep oxygen content less than ~5% by volume inside the vessel. All vessels surpassing deadweight tonnage of 8,000 are mandatory to have inerting systems. Moreover, the pressure inside the tanks must be higher than the surrounding atmospheric pressure while confirming that the air inside the tank contains no more than ~8% oxygen by volume. Vessels transporting oil, clean products, and liquefied gases use nitrogen inerting systems, which produce high-purity nitrogen through nitrogen generators. Thus, the growing usage of nitrogen in the marine sector is anticipated to generate significant opportunities in the US nitrogen generator market during the forecast period.
Key segments that contributed to the derivation of the US Nitrogen Generator market analysis are type and end user.
The US nitrogen generator market is segmented into four major regions: Northeast, Midwest, South, and West. South region dominated the market in 2023, followed by Midwest and West. The food and beverage segment accounted for the largest share of 31.2% of the market in the Northeast region in 2023, followed by chemicals, and medical and pharmaceuticals industries, respectively. The surging demand for canned and processed food products, and frozen meat and vegetables among consumers results in the need for cold storage facilities in this region, which require nitrogen gas for maintaining optimum storage conditions. The United States-Mexico-Canada Agreement (USMCA) in 2018 replaced the North American Free Trade Agreement (NAFTA), which was brought into effect in 1994. The implementation of the USMCA has increased the ratio of trade dealings among these nations. The burgeoning import and export of food, beverages, and pharmaceutical products also drives the demand for nitrogen generators in the Northeast. On Site Gas Systems and Air & Gas Solutions LLC are a few of the prime companies operating in the Northeast part of the US.
The regional trends and factors influencing the US Nitrogen Generator Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses US Nitrogen Generator Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 1.83 Billion |
Market Size by 2031 | US$ 2.71 Billion |
Global CAGR (2023 - 2031) | 5.1% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | US
|
Market leaders and key company profiles |
The US Nitrogen Generator Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the US Nitrogen Generator Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The US nitrogen generator market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the US nitrogen generator market are listed below:
The "US Nitrogen Generator Market Size and Forecast (2021–2031)" provides a detailed analysis of the market covering the areas mentioned below:
The List of Companies - US Nitrogen Generator Market
The key players holding majority shares in the US nitrogen generator market are Advanced Gas Technologies; BAUER COMPRESSORS, INC.; On Site Gas Systems Inc.; Atlas Copco AB; Parker Hannifin; Holtec Gas Systems; VICI DBS; Peak Scientific Instruments Ltd; Air & Gas Solutions LLC; and Ingersoll Rand Inc.
The US nitrogen generator market is expected to reach US$ 2.71 billion by 2031.
The US nitrogen generator market was estimated to be US$ 1.83 billion in 2023 and is expected to grow at a CAGR of 5.1% during the forecast period 2023 - 2031.
Significance of nitrogen in food and beverage, and automotive industries, surge in trade of food and pharmaceutical products, and adoption of nitrogen generators in electronic industry are the major factors that propel the US nitrogen generator market.
The incremental growth expected to be recorded for the US nitrogen generator market during the forecast period is US$ 0.88 billion.
Emphasis on on-site nitrogen generation is anticipated to play a significant role in the US nitrogen generator market in the coming years.