In 2022, the nitrogen gas sector contributed significantly to the global industrial gas market, accounting for ***** billion U.S. dollars of the total market size of ***** billion U.S. dollars. The nitrogen gas market is projected to experience considerable growth, with its value expected to nearly double by 2030. Additional information on the global industrial gas market can be found here.

Graph and download economic data for Producer Price Index by Industry: Industrial Gas Manufacturing: Nitrogen (PCU3251203251207) from Jun 1981 to Sep 2025 about gas, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

United States - Producer Price Index by Industry: Industrial Gas Manufacturing: Nitrogen was 252.81700 Index Jun 1981=100 in August of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Industrial Gas Manufacturing: Nitrogen reached a record high of 294.51500 in February of 2023 and a record low of 92.00000 in February of 1999. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Industrial Gas Manufacturing: Nitrogen - last updated from the United States Federal Reserve on December of 2025.

View yearly updates and historical trends for US Producer Price Index: Industrial Gas Manufacturing: Nitrogen. from United States. Source: Bureau of Labor…

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Liquid Nitrogen Market Size 2025-2029

The liquid nitrogen market size is forecast to increase by USD 7.25 billion, at a CAGR of 6.7% between 2024 and 2029.

The market is characterized by robust growth, driven by escalating demand from various sectors, particularly in the healthcare industry, where it is utilized as a jet medium in petroleum engineering for cryosurgery and preserving organs. This application segment is poised for significant expansion due to the increasing prevalence of chronic diseases and the rising number of organ transplantations. However, the market faces challenges stemming from the volatile prices of liquid nitrogen, which can impact profitability for manufacturers and end-users alike. This price instability is influenced by factors such as production costs, transportation, and supply and demand dynamics.
Another challenge arises from the safety concerns associated with handling and storing liquid nitrogen due to its extremely low temperature and high pressures. Companies must invest in robust safety infrastructure and adhere to stringent regulatory requirements to mitigate risks and ensure customer confidence. In the food and beverage industry, liquid nitrogen is increasingly used for producing innovative and high-quality products, such as frozen desserts and specialty drinks, catering to consumers' evolving preferences. Additionally, the electronics sector leverages liquid nitrogen for cooling and quenching processes, enabling the production of advanced semiconductors and other high-tech components. To capitalize on the market's growth potential and navigate the challenges effectively, companies must focus on optimizing their supply chain and production processes, investing in safety infrastructure, and exploring opportunities in emerging applications.
By staying informed of market trends and proactively addressing challenges, businesses can position themselves for long-term success in the dynamic the market.

What will be the Size of the Liquid Nitrogen Market during the forecast period?

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The market continues to evolve, driven by the diverse applications of this versatile substance across various sectors. Cryogenic vaporization transforms nitrogen gas into its liquid state, which is utilized in numerous industries for cryogenic temperature control, material testing, and cryogenic propulsion, among others. Nitrogen gas condensation plays a crucial role in the production of liquid nitrogen, while nitrogen gas storage solutions ensure its safe and efficient handling. Cryogenic level sensing and cryogenic pressure regulation are essential components of nitrogen gas distribution systems, enabling seamless transportation and delivery. Nitrogen gas pipelines facilitate the large-scale transportation of this essential industrial gas, while nitrogen gas purification ensures the highest levels of nitrogen purity for specific applications.

Nitrogen gas monitoring and cryogenic leak detection are integral to maintaining safety practices and optimizing processes. In the medical field, liquid nitrogen is used for cryotherapy, while in the food industry, it is employed for preservation. Nitrogen gas is also a vital component in semiconductor manufacturing, vacuum insulation, and cryogenic energy efficiency. The aerospace industry relies on liquid nitrogen for cryogenic fuel and cryogenic refrigeration, while Cryogenic Insulation is essential for maintaining low temperatures in various applications. Nitrogen gas cost and production methods continue to be key market dynamics, with ongoing research and innovation driving advancements in nitrogen gas dewars, cryogenic energy efficiency, and cryogenic process optimization.

How is this Liquid Nitrogen Industry segmented?

The liquid nitrogen industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Chemical/pharma/biotech
  Food and beverages
  Metal manufacturing and construction
  Others


Usage

  Coolant
  Refrigerant


Technology

  Cryogenic distillation
  Pressure swing adsorption
  Others


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Japan


  South America

    Brazil


  Rest of World (ROW)

By Application Insights

The chemical/pharma/biotech segment is estimated to witness significant growth during the forecast period.

In the realm of industrial applications, liquid nitrogen plays a pivotal role, particularly in the chemical industry. Its primary functions include pressurizing gases and transporting liquids via pipelines through cryogenic vaporization. Additionally, it inerts chemicals, cools reactors, shields them from oxygen exposure, and aids in the

In Q3 2025, North America, the Nitrogen Price Index rose by 0.39% quarter-over-quarter, reflecting inventories and seasonal weakness. Check detailed insights for Europe, MEA and APAC.

According to Cognitive Market Research, the global Nitrogen Gas Springs market size was USD 425.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 6.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 170.24 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 127.68 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 97.89 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 21.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 8.51 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.
The Standard Nitrogen Gas Springs category is the fastest growing segment of the Nitrogen Gas Springs industry

Market Dynamics of Nitrogen Gas Springs Market

Key Drivers for Nitrogen Gas Springs Market

Increasing Demand for Electric Vehicles (EV) to Boost Market Growth

The need for nitrogen gas springs is being driven by the growth of the electric vehicle (EV) market, especially in the creation of customized suspension and shock absorption systems. According to the US Energy Information Administration (EIA), sales of electric vehicles (EVs) climbed from roughly 4% in 2020 to 18% in 2023, with over 14 million units sold. Sales of EVs jumped over 3 million units in Q1 2024, a 25% increase over the same time the previous year. This illustrates how consumers are increasingly choosing electric vehicles. Nitrogen gas springs are ideal for meeting the needs of shock absorbers and suspension systems designed specifically for electric vehicles (EVs) because they offer consistent performance and customizable force in a variety of temperatures and circumstances. In the construction of high-performance electric vehicles, nitrogen gas springs are crucial for boosting driving quality, enabling larger battery packs, and optimizing overall vehicle dynamics. Thus, the market expansion for nitrogen gas springs is aided by the growing sales of EVs.

Rising Need for Automation and Robotics to Drive Market Growth

The usage of nitrogen gas springs in actuators, robotic arms, and other moving components is growing. ABB Robotics introduced its Energy Efficiency Service in October 2024, offering manufacturers analytical and consulting solutions to optimize robot energy use and potentially save up to 30% on energy expenses. This program seeks to improve the competitiveness of global manufacturers by addressing the high energy costs that 58% of surveyed enterprises face. Nitrogen gas springs' benefits, which include smooth operation, accurate control, and changeable force, improve performance and longevity. This makes them perfect for high-precision activities in automated environments where efficiency and dependability are crucial. Thus, the market expansion for nitrogen gas springs is driven by the growing demand for automation and robotics.

Restraint Factor for the Nitrogen Gas Springs Market

High Price of Product Will Limit Market Growth

The product is known to be more expensive than traditional springs due to its secure and compressed figure. In addition, market participants encounter challenges in attempting to reduce the product's production costs in order to access the traditional spring market. Since safety regulations are in place and the product is known to use compressed gas, it necessitates careful construction and detailing under particular conditions, increasing production costs and making it more expensive than traditional springs. It will probably hinder market expansion throughout the anticipated time frame.

Impact of Covid-19 on the Nitrogen Gas Springs Market

The market for nitrogen gas springs was affected by the COVID-19 outbreak in a variety of ways. Manufacturing and supply chain operations were disrupted during the first phase, but when industries started up again, the market steadily recovered. The need for nitrogen gas springs in in...

The Charging Nitrogen Gas Systems Market is estimated to be valued at USD 1.7 billion in 2025 and is projected to reach USD 3.0 billion by 2035, registering a compound annual growth rate (CAGR) of 5.8% over the forecast period.

The global high-purity industrial nitrogen gases market, valued at $916 million in 2025, is projected to experience steady growth, driven by increasing demand across diverse sectors. The Compound Annual Growth Rate (CAGR) of 3.1% from 2025 to 2033 reflects a consistent expansion fueled by several key factors. The electronics industry's reliance on nitrogen for inert atmospheres in manufacturing processes is a significant driver, alongside the burgeoning demand from the chemical and pharmaceutical sectors for controlled environments and specialized processes. Furthermore, advancements in cryogenic technology, leading to more efficient and cost-effective nitrogen generation and delivery, are contributing to market growth. Growth is also expected in the food and beverage industry where nitrogen is used for packaging and preservation. However, potential restraints include fluctuations in raw material prices (primarily energy costs impacting cryogenic production) and the increasing adoption of alternative technologies in some niche applications. The market segmentation reveals a significant share held by on-site gas generation, which offers cost advantages for large-scale consumers, compared to bottled gas which remains essential for smaller operations or those needing on-demand delivery. The competitive landscape is characterized by several major players, including Praxair, Airgas, Linde, Air Liquide, and Air Products, exhibiting both geographic reach and diversification across product types and applications. Regional variations exist, with North America and Europe holding significant market shares owing to established industrial bases and stringent regulatory environments, but Asia-Pacific is expected to see the fastest growth over the forecast period driven by industrialization and expanding manufacturing bases. The forecast period from 2025 to 2033 anticipates continued market expansion, primarily driven by emerging economies' industrialization and growing adoption across diverse applications. The market's future growth trajectory will depend on the rate of industrial expansion, particularly in developing nations, continued technological advancements in nitrogen generation and delivery, and the pricing dynamics of energy resources impacting production costs. Competitive pressures are expected to remain intense as established players and new entrants seek to capture market share through product differentiation, technological innovation, and strategic partnerships. Effective regulatory frameworks concerning industrial gas safety and environmental concerns will also influence market dynamics in the coming years. Focus on sustainable production methods and reducing carbon footprint will become increasingly important aspects for market players, potentially shaping investment decisions and influencing consumer choices.

Get the latest insights on price movement and trend analysis of Nitrogen in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

The report offers Industrial Nitrogen Gas Market Dynamics, Comprises Industry development drivers, challenges, opportunities, threats and limitations. A report also incorporates Cost Trend of products, Mergers & Acquisitions, Expansion, Crucial Suppliers of products, Concentration Rate of Steel Coupling Economy. Global Industrial Nitrogen Gas Market Research Report covers Market Effect Factors investigation chiefly included Technology Progress, Consumer Requires Trend, External Environmental Change.

The high-purity nitrogen market is experiencing robust growth, driven by increasing demand across diverse sectors. The market size in 2025 is estimated at $15 billion, exhibiting a Compound Annual Growth Rate (CAGR) of 6% throughout the forecast period (2025-2033). Key application segments like food freezing and the burgeoning medical and healthcare industries are significantly contributing to this expansion. The rise of advanced manufacturing techniques, especially in plastics and rubber deflashing and metal manufacturing, further fuels market demand. Growth is also being propelled by stringent quality standards in various industries, necessitating the use of high-purity nitrogen. While pricing fluctuations in raw materials pose a potential restraint, ongoing technological advancements and the emergence of innovative applications are expected to mitigate this challenge. Geographically, North America and Asia Pacific are currently the largest market segments, benefiting from established industrial bases and burgeoning economies, respectively. However, substantial growth opportunities are also visible in emerging markets in regions like the Middle East and Africa, fueled by increasing industrial activity and infrastructure development. The market is dominated by large established players like Linde, Air Liquide, and Air Products, but smaller regional players also contribute significantly. The increasing need for sustainable and efficient industrial processes is expected to drive the adoption of more efficient and environmentally friendly nitrogen production methods in the coming years. The market is segmented by application (food freezing, plastic and rubber deflashing, medical and healthcare, metal manufacturing, chemicals and petroleum uses) and type (NI 5.0, NI 4.8). The food freezing segment is expected to continue strong growth due to increasing demand for frozen foods and stringent quality control regulations within this industry. Similarly, the medical and healthcare segment is experiencing rapid expansion due to increased use in medical devices and equipment sterilization. The competitive landscape is characterized by both global giants and regional players, leading to both intense competition and opportunities for innovation and expansion. The forecast period of 2025-2033 promises further market expansion driven by the factors mentioned above, resulting in an overall positive outlook for the high-purity nitrogen market.

The global nitrogen market amounted to $226.3B in 2024, picking up by 3.8% against the previous year. In general, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $248.4B. From 2016 to 2024, the growth of the global market failed to regain momentum.

The global Charging Nitrogen Gas Systems market is experiencing robust growth, projected to reach a market size of $1.5 billion by 2025, exhibiting a Compound Annual Growth Rate (CAGR) of 7% during the forecast period of 2025-2033. This expansion is fueled by several key drivers, including the increasing demand for high-pressure nitrogen gas in various industrial applications such as automotive, aerospace, and food processing. The rising adoption of advanced technologies, improved system efficiency, and stringent safety regulations further contribute to market growth. Furthermore, the ongoing expansion of the manufacturing sector across emerging economies is creating lucrative opportunities for market players. Key players like Hale Hamilton, Maximator, Hydrotechnik, HyDAC, Hydraulics, Accudyne, and Semmco are actively involved in technological advancements and strategic partnerships to consolidate their market presence and cater to the growing demand. However, the market faces certain restraints, primarily high initial investment costs associated with system installation and maintenance. Fluctuations in raw material prices, particularly nitrogen gas, also impact profitability. Nevertheless, the increasing focus on automation and the rising adoption of sustainable practices across industries are expected to mitigate these challenges and drive further market growth. Segmentation within the market is expected to be driven by system type, application, and end-use industry. The automotive and aerospace sectors are anticipated to remain prominent end-use segments, while emerging applications in energy and healthcare will create new growth avenues in the years to come.

The high-purity nitrogen market is experiencing robust growth, driven by increasing demand across diverse sectors. The market, estimated at $15 billion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 6% from 2025 to 2033, reaching approximately $25 billion by 2033. This expansion is fueled primarily by the burgeoning food and beverage industry's reliance on nitrogen for freezing and packaging, alongside the significant growth in the medical and healthcare sectors, particularly for applications like cryopreservation and medical instrument sterilization. The electronics industry, specifically semiconductor manufacturing, also contributes significantly, demanding high purity nitrogen for processes that necessitate a very low level of contaminants. Growth is further propelled by stringent regulatory requirements regarding product purity in various industries.
However, market growth faces certain restraints. Fluctuations in raw material prices, particularly energy costs involved in nitrogen production, can impact profitability and potentially hinder expansion. Furthermore, the development and adoption of alternative technologies for certain applications could pose a challenge to the market's continued high growth trajectory. The market is segmented by application (food freezing, plastic and rubber deflashing, medical and healthcare, metal manufacturing, chemicals and petroleum uses) and type (NI 5.0, NI 4.8), offering opportunities for specialized product development and targeted market penetration. Geographical distribution shows significant growth potential in Asia Pacific, driven by rapid industrialization and expanding healthcare infrastructure in countries like China and India. North America and Europe, while established markets, maintain consistent demand, largely fueled by existing industrial infrastructure and technological advancements.

The global market for High-purity Nitrogen is poised for significant expansion, projected to reach an estimated market size of USD 12,500 million by 2025. This robust growth is fueled by a compound annual growth rate (CAGR) of 8.5%, indicating a dynamic and expanding industry. The increasing demand for ultra-pure nitrogen across various critical applications, including semiconductor manufacturing, food processing, medical diagnostics, and advanced materials production, is a primary driver. As industries increasingly rely on nitrogen with minimal impurities for sensitive processes where even trace contaminants can compromise product quality and yield, the market for high-purity grades is experiencing a sustained upward trajectory. Technological advancements in nitrogen generation and purification methods are also contributing to this growth by improving efficiency and reducing costs, making high-purity nitrogen more accessible to a wider range of industries. Key market trends include the growing adoption of on-site nitrogen generation systems, offering cost-effectiveness and supply reliability for large consumers. The advancement of NI 5.0 (99.999%) and NI 4.8 (99.998%) grades is catering to the stringent requirements of high-tech sectors. While the market enjoys strong growth, certain restraints exist, such as the high initial investment for advanced purification equipment and the availability of less pure nitrogen grades as lower-cost alternatives for less demanding applications. Despite these challenges, the overarching demand from burgeoning sectors like electronics and pharmaceuticals, coupled with the continuous innovation in nitrogen technology, ensures a positive outlook for the high-purity nitrogen market in the coming years. Regional dominance is expected in Asia Pacific, driven by its massive manufacturing base, particularly in electronics and chemicals, followed by North America and Europe.

In February 2025, the average nitrogen import price amounted to $294 per thousand cubic meters, growing by 25% against the previous month.

Global Industrial Nitrogen Gas market size 2025 was XX Million. Industrial Nitrogen Gas Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

The global liquid nitrogen market is experiencing robust growth, driven by increasing demand across diverse sectors. The market size in 2025 is estimated at $15 billion, projecting a Compound Annual Growth Rate (CAGR) of 6% from 2025 to 2033. This expansion is fueled primarily by the cryogenic preservation of biological samples in healthcare and life sciences, the increasing use of nitrogen in industrial applications like metal fabrication and food processing, and the burgeoning demand for specialized applications like cryotherapy and cloud computing. Major players like Linde, Air Liquide, and Air Products are strategically investing in capacity expansions and technological advancements to capitalize on this growth. Geographic expansion into emerging markets, particularly in Asia-Pacific, is also contributing to the overall market expansion. The market is segmented by application (healthcare, industrial, food processing, electronics, etc.), end-user industry, and geographic region. While the market outlook is positive, several restraints are present. Fluctuations in raw material prices (primarily energy costs) and stringent regulatory requirements concerning environmental safety and handling of cryogenic liquids pose challenges to market growth. However, technological innovations such as improved insulation technologies and efficient delivery systems are mitigating some of these constraints. The competitive landscape is characterized by several large multinational corporations and regional players. These companies are focused on differentiation through product quality, customized solutions, and efficient supply chain management to gain market share. The forecast period reveals a continued rise in market value, driven by sustained demand across applications and geographical regions. Technological advancements leading to increased efficiency and cost reduction in production and distribution will be key to further market penetration.

The China Nitrogen Gas Spring Market is set for steady growth, with the value projected to rise from 183.5 million USD in 2020 to 591.4 million USD by 2035. This growth is driven by a forecasted CAGR of 8.6% from 2025 to 2035. Increasing demand for high-performance, reliable nitrogen gas springs in sectors such as automotive, aerospace, industrial machinery, and medical equipment is a key factor contributing to this industry expansion.

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