US Nitrogen Generator Market Size and Forecast (2021 - 2031), Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type (PSA Nitrogen Generator, Membrane Nitrogen Generator, and Cryogenic Nitrogen Generator) and End User (Oil and Gas, Food and Beverage, Medical and Pharmaceutical, Transportation, Chemicals, and Others)

BMIRE00031038 | Pages: 84 | Electronics and Semiconductor | Nov 2024 | Status: Published

The US nitrogen generator market size was valued at US$ 1.83 billion in 2023 and is expected to reach US$ 2.71 billion by 2031; it is estimated to record a CAGR of 5.1% from 2023 to 2031.

The US is divided into four major regions: Northeast, Midwest, South, and West. Alabama, Arkansas, Delaware, Florida, Georgia, the District of Columbia, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, and West Virginia are among the prime states/territories in the South of the US. The South region plays a major part in the overall US economy, and it also leads the US nitrogen generator market. The market growth in this region is attributed to the continuous progress of the industrial and oil and gas sectors. The region has become an attractive destination for new businesses owing to economic development, government efforts, and initiatives associated with this region, which is anticipated to bring new growth opportunities for the nitrogen generator market in the coming years. For example, in 2023, CJ Logistics America announced the expansion of its temperature-controlled warehousing capabilities with the inauguration of a 206,000 sq. ft. storage facility in Nashville, Tennessee.

Illinois, Iowa, Indiana, Kansas, Michigan, Minnesota, Nebraska, Missouri, North Dakota, Ohio, South Dakota, and Wisconsin are among the major states in the Midwest of the US. The rapid pace of industrialization and growing number of manufacturing facilities across these states are fueling the nitrogen generator market growth in the Midwest. The increasing number of automotive parts manufacturing facilities is also fueling the application of nitrogen in this region. In February 2024, Schaeffler announced the expansion of its operations in the US with the addition of a new manufacturing facility concentrating on fabricating automotive electric mobility solutions. The company planned an investment of over US$ 230 million for the establishment of an advanced manufacturing facility in Ohio, US, along with the intention of future expansion until 2032.

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. are among the key US nitrogen generator market players that are profiled in this market study.

The overall US nitrogen generator market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the US nitrogen generator size. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the US nitrogen generator market.

1.        Introduction

1.1      The Insight Partners Research Report Guidance

1.2      Market Segmentation

2.        Executive Summary

2.1      Key Insights

2.2      Market Attractiveness

3.        Research Methodology

3.1      Secondary Research

3.2      Primary Research

3.2.1       Hypothesis formulation:

3.2.2       Macro-economic factor analysis:

3.2.3       Developing base number:

3.2.4       Data Triangulation:

3.2.5       Country level data:

4.        US Nitrogen Generator Market Landscape

4.1      Overview

4.2      PEST Analysis

4.3      Ecosystem Analysis

4.3.1       List of Vendors in the Value Chain

5.        US Nitrogen Generator Market – Key Market Dynamics

5.1      US Nitrogen Generator Market – Key Market Dynamics

5.2      Market Drivers

5.2.1       Significance of Nitrogen in Food and Beverage, and Automotive Industries

5.2.2       Surge in Trade of Food and Pharmaceutical Products

5.2.3       Adoption of Nitrogen Generators in Electronic Industry

5.3      Market Restraints

5.3.1       Required Stringent Safety and Regulatory Measures:

5.4      Market Opportunities

5.4.1       Utilization of Nitrogen Inert Gas in Maritime Industry

5.4.2       Role of Nitrogen Generators in Chemical Industry:

5.5      Future Trends

5.5.1       Emphasis on On-site Nitrogen Generation

5.6      Impact of Drivers and Restraints:

6.        US Nitrogen Generator Market Analysis

6.1      US Nitrogen Generator Market Revenue (US$ Million), 2021–2031

6.2      US Nitrogen Generator Market Forecast and Analysis

6.3      US Nitrogen Generator Market Volume Forecast and Analysis

7.        US Nitrogen Generator Market Analysis – by Type

7.1      PSA Nitrogen Generator

7.1.1       Overview

7.1.2       PSA nitrogen Generator: US nitrogen Generator Market – Revenue and Forecast to 2031 (US$ Million)

7.2      Membrane Nitrogen Generator

7.2.1       Overview

7.2.2       Membrane Nitrogen Generator: US nitrogen Generator Market – Revenue and Forecast to 2031  (US$ Million)

7.3      Cryogenic Nitrogen Generator

7.3.1       Overview

7.3.2       Cryogenic Nitrogen Generator: US nitrogen Generator Market – Revenue and Forecast to 2031  (US$ Million)

8.        US Nitrogen Generator Market Analysis – by End User

8.1      Oil and Gas

8.1.1       Overview

8.1.2       Oil and Gas: US nitrogen Generator Market – Revenue and Forecast to 2031 (US$ Million)

8.2      Food and Beverage

8.2.1       Overview

8.2.2       Food and Beverage: US nitrogen Generator Market – Revenue and Forecast to 2031 (US$ Million)

8.3      Medical and Pharmaceutical

8.3.1       Overview

8.3.2       Medical and Pharmaceutical: US nitrogen Generator Market – Revenue and Forecast to 2031  (US$ Million)

8.4      Transportation

8.4.1       Overview

8.4.2       Transportation: US nitrogen Generator Market – Revenue and Forecast to 2031 (US$ Million)

8.5      Chemicals

8.5.1       Overview

8.5.2       Chemicals: US nitrogen Generator Market – Revenue and Forecast to 2031 (US$ Million)

8.6      Others

8.6.1       Overview

8.6.2       Others: US nitrogen Generator Market – Revenue and Forecast to 2031 (US$ Million)

9.        US Nitrogen Generator Market – Region Analysis

9.1      US

9.1.1       US Nitrogen Generator Market Breakdown by Regions

9.1.1.1         US Nitrogen Generator Market Revenue and Forecast and Analysis – by Regions

9.1.1.2         Northeast: US Nitrogen Generator Market – Revenue and Forecast to 2031 (US$ Million)

9.1.1.2.1        Northeast: US Nitrogen Generator Market Breakdown by Type

9.1.1.2.2        Northeast: US Nitrogen Generator Market Breakdown by End User

9.1.1.3         West: US Nitrogen Generator Market – Revenue and Forecast to 2031 (US$ Million)

9.1.1.3.1        West: US Nitrogen Generator Market Breakdown by Type

9.1.1.3.2        West: US Nitrogen Generator Market Breakdown by End User

9.1.1.4         Midwest: US Nitrogen Generator Market – Revenue and Forecast to 2031 (US$ Million)

9.1.1.4.1        Midwest: US nitrogen Generator Market Breakdown by Type

9.1.1.4.2        Midwest: US Nitrogen Generator Market Breakdown by End User

9.1.1.5         South: US Nitrogen Generator Market – Revenue and Forecast to 2031 (US$ Million)

9.1.1.5.1        South: US Nitrogen Generator Market Breakdown by Type

9.1.1.5.2        South: US Nitrogen Generator Market Breakdown by End User

10.      Competitive Landscape

10.1    Heat Map Analysis by Key Players

10.2    Company Positioning & Concentration

11.      Industry Landscape

11.1    Overview

11.2    Market Initiative

11.3    Product Development

11.4    Mergers & Acquisitions

12.      Company Profiles

12.1    Advanced Gas Technologies

12.1.1     Key Facts

12.1.2     Business Description

12.1.3     Products and Services

12.1.4     Financial Overview

12.1.5     SWOT Analysis

12.1.6     Key Developments

12.2    BAUER COMPRESSORS, INC.

12.2.1     Key Facts

12.2.2     Business Description

12.2.3     Products and Services

12.2.4     Financial Overview

12.2.5     SWOT Analysis

12.2.6     Key Developments

12.3    On Site Gas Systems

12.3.1     Key Facts

12.3.2     Business Description

12.3.3     Products and Services

12.3.4     Financial Overview

12.3.5     SWOT Analysis

THREAT

12.3.6     Key Developments

12.4    Atlas Copco AB

12.4.1     Key Facts

12.4.2     Business Description

12.4.3     Products and Services

12.4.4     Financial Overview

12.4.5     SWOT Analysis

12.4.6     Key Developments

12.5    Parker Hannifin

12.5.1     Key Facts

12.5.2     Business Description

12.5.3     Products and Services

12.5.4     Financial Overview

12.5.5     Key Developments

12.6    Holtec Gas Systems

12.6.1     Key Facts

12.6.2     Business Description

12.6.3     Products and Services

12.6.4     Financial Overview

12.6.5     SWOT Analysis

12.6.6     Key Developments

12.7    VICI DBS

12.7.1     Key Facts

12.7.2     Business Description

12.7.3     Products and Services

12.7.4     Financial Overview

12.7.5     SWOT Analysis

12.7.6     Key Developments

12.8    Peak Scientific Instruments Ltd

12.8.1     Key Facts

12.8.2     Business Description

12.8.3     Products and Services

12.8.4     Financial Overview

12.8.5     SWOT Analysis

12.8.6     Key Developments

12.9    Air & Gas Solutions LLC

12.9.1     Key Facts

12.9.2     Business Description

12.9.3     Products and Services

12.9.4     Financial Overview

12.9.5     SWOT Analysis

12.9.6     Key Developments

12.10  Ingersoll Rand Inc

12.10.1   Key Facts

12.10.2   Business Description

12.10.3   Products and Services

12.10.4   Financial Overview

12.10.5   SWOT Analysis

12.10.6   Key Developments

13.      Appendix

13.1    Appendix

13.2    About The Insight Partners

 

 

 

 

List of Tables

Table 1.          US Nitrogen Generator Market Segmentation

Table 2.          List of Vendors

Table 3.          Major US Food Imports

Table 4.          US Nitrogen Generator Market – Revenue and Forecast to 2031 (US$ Million)

Table 5.          US Nitrogen Generator Market – Volume and Forecast to 2031 (Units)

Table 6.          US Nitrogen Generator Market – Revenue and Forecast to 2031 (US$ Million) – by Type

Table 7.          US Nitrogen Generator Market – Revenue and Forecast to 2031 (US$ Million) – by End User

Table 8.          US Nitrogen Generator Market – Revenue and Forecast to 2031 (US$ Million) – by Regions

Table 9.          Northeast: US Nitrogen Generator Market – Revenue and Forecast to 2031 (US$ Million) – by Type

Table 10.        Northeast: US Nitrogen Generator Market – Revenue and Forecast to 2031 (US$ Million) – by End User

Table 11.        West: US Nitrogen Generator Market – Revenue and Forecast to 2031 (US$ Million) – by Type

Table 12.        West: US Nitrogen Generator Market – Revenue and Forecast to 2031 (US$ Million) – by End User

Table 13.        Midwest: US nitrogen Generator Market – Revenue and Forecast to 2031 (US$ Million) – by Type

Table 14.        Midwest: US Nitrogen Generator Market – Revenue and Forecast to 2031 (US$ Million) – by End User

Table 15.        South: US Nitrogen Generator Market – Revenue and Forecast to 2031 (US$ Million) – by Type

Table 16.        South: US Nitrogen Generator Market – Revenue and Forecast to 2031 (US$ Million) – by End User

 

 

List of Figures

Figure 1.         US Nitrogen Generator Market Segmentation, by Country

Figure 2.         PEST Analysis

Figure 3.         Ecosystem Analysis

Figure 4.         Major US Agricultural Exports (US$ million)

Figure 5.         Impact Analysis of Drivers and Restraints

Figure 6.         US Nitrogen Generator Market Revenue (US$ Million), 2021–2031

Figure 7.         US Nitrogen Generator Market Share (%) – by Type, 2023 and 2031

Figure 8.         PSA Nitrogen Generator: US nitrogen Generator Market – Revenue and Forecast to 2031 (US$ Million)

Figure 9.         Membrane Nitrogen Generator: US nitrogen Generator Market – Revenue and Forecast to 2031 (US$ Million)

Figure 10.      Cryogenic Nitrogen Generator: US nitrogen Generator Market – Revenue and Forecast to 2031 (US$ Million)

Figure 11.      US Nitrogen Generator Market Share (%) – by End User, 2023 and 2031

Figure 12.      Oil and Gas: US nitrogen Generator Market – Revenue and Forecast to 2031 (US$ Million)

Figure 13.      Food and Beverage: US nitrogen Generator Market – Revenue and Forecast to 2031 (US$ Million)

Figure 14.      Medical and Pharmaceutical: US nitrogen Generator Market – Revenue and Forecast to 2031 (US$ Million)

Figure 15.      Transportation: US nitrogen Generator Market – Revenue and Forecast to 2031 (US$ Million)

Figure 16.      Chemicals: US nitrogen Generator Market – Revenue and Forecast to 2031 (US$ Million)

Figure 17.      Others: US nitrogen Generator Market – Revenue and Forecast to 2031 (US$ Million)

Figure 18.      Northeast: US Nitrogen Generator Market – Revenue and Forecast to 2031 (US$ Million)

Figure 19.      West: US Nitrogen Generator Market – Revenue and Forecast to 2031 (US$ Million)

Figure 20.      Midwest: US Nitrogen Generator Market – Revenue and Forecast to 2031 (US$ Million)

Figure 21.      South: US Nitrogen Generator Market – Revenue and Forecast to 2031 (US$ Million)

Figure 22.      Heat Map Analysis by Key Players

Figure 23.      Company Positioning & Concentration

  1. Advanced Gas Technologies
  2. BAUER COMPRESSORS, INC.
  3. On Site Gas Systems Inc.
  4. Atlas Copco AB
  5. Parker Hannifin
  6. Holtec Gas Systems
  7. VICI DBS
  8. Peak Scientific Instruments Ltd
  9. Air & Gas Solutions LLC
  10. Ingersoll Rand Inc.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the US nitrogen generator market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations such as specific country and segmental insight highlights crucial progressive industry trends in the US nitrogen generator market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
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