Liquid
nitrogen is used in several industries owing to its inertness and extremely low
temperature levels. It is a vital component during completion of gas wells o
fracture natural gas bearing rock formations such as tight gas reserves.
Maintenance of pressure in oil & gas reservoirs is yet another of its
applications in the energy sector. Removal of flash on cast plastics and rubber
is done using liquid nitrogen. Rapid freezing of food & beverage items
resulting in minimum cell damage. Used as a shield liquid or gas in packaging
of some particular medicines to keep it safe from adsorption of moisture or
oxidation.
The global liquid
nitrogen market is anticipated to reach USD 22.72 billion by 2026
according to a new study published by Polaris Market Research.
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Liquid
nitrogen’s other assorted applications include its use as coolant for
environment testing of several items. It is also used for combating fire in
coal mines thus enhancing ire safety eliminating the risk of losing huge
quantity of natural resources and stopping the release of toxic gases and fumes
that might damage the environment. It is applicable for extensive cooling in
several industrial processes and for the food industry where cold storage of
crucial importance. Liquid nitrogen also helps in cooling several types of
mechanical equipment which are required to be kept extremely cold environment
and also for snap-freezing food products such as hamburger patties, chicken and
fruits preserved for out of season.
Liquid
removed from the compression of nitrogen remains in temperature nearby -320°F.
Owing to this, the product has numerous applications in a wide range of
industries including pharmaceuticals, chemicals, ceramic and glass, petroleum
processing, steelmaking along with other metal refining, paper & pulp
manufacturing, and healthcare. Owing to its inertness and coldness application
segments of the product has been increasing in several end-use industries. As
liquid nitrogen is warmed and vaporized to ambient temperatures, it absorbs
heat quantities that allow the temperature level to come down quickly and
instantly. The combination of the product’s coldness and inertness makes it the
potential coolant for food freezing. Soft and heat sensitive materials are also
treated using liquid nitrogen at room temperature which allows them to be
fractured and machined. Some of these examples include plastics, tires,
pharmaceuticals and even metals..
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Some of
leading industry participants operating currently includes Nexair LLC, Taiyo
Nippon Sanso Corporation, Emirates Industrial Gases Co. LLC, Messer Group,
Southern Industrial Gas Berhad, Gulf Cryo, Air Products and Chemicals, Inc.,
Air Liquide S.A., Praxair Inc., and the linde group.
Asia Pacific region is projected to
augment for substantial demand by 2025. The region is anticipated to experience
significant growth over the forecast period, owing to the heavy investments
made by the governments of emerging nations to strengthen their base of skilled
workforce. This is one of the reasons that manufacturing and processing
companies for the west have started setting their base in the region for
skilled but low wage labors. The recent government initiatives taken by Indian,
Thailand, and Chinese government to promote the manufacturing sector are acting
in favor of the market.
About Polaris Market Research
Polaris Market Research is a global market research and consulting
company. The company specializes in providing exceptional market intelligence
and in-depth business research services for our clientele spread across
different enterprises.
Contact Us:
Polaris Market Research
Phone: 1–646–568–9980
Email: sales@polarismarketresearch.com
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www.polarismarketresearch.com
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