Nitrogen Purge Equipment Market
Nitrogen Purge Equipment Market Global Industry Assessment & Forecast
#
Pages:
145
2021
Nov - 2021
VMR-2021-0287
Segments Covered
By
Type Dilution nitrogen purge systems, Displacement nitrogen purge systems
-
By
Application Oil and gas sector, Pharmaceutical and chemicals sector, Mining sector, Food and beverages sector, Discrete industries
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
561.25 Million |
 Revenue 2028:
|
901.3 Million |
 Revenue CAGR
(2021 - 2028): |
6.1 |
Fastest Growing Region (2022 -
2028)
|
Asia-Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
| Sr. No. | Offering | Report Coverage |
| 1. | Market Size | In terms of Revenue (USD Million) |
| 2. | Historic Data | 2015 to 2019 |
| 3. | Forecast Data | 2021 to 2028 |
| 4. | Market Drivers, Restraints, Opportunities, & Regional Market Trends | Yes |
| 5. | Market Attractiveness Analysis | Yes |
| 6. | Segment Analysis | Maximum Segments |
| 7. | Regional Coverage | 5 Regions |
| 8. | Country Coverage | Top 22 Countries |
| 9. | Competitive Landscape and Company Market Share Analysis | Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles. |
| 10. | Porter’s Five Forces Analysis | Yes. |
| 11. | Value Chain Analysis | Yes |
| 12. | PEST Analysis | Yes |
| 13. | Regulatory Landscape | Yes |
| 14. | Technology Landscape | Yes |
| 15. | COVID-19 Impact Analysis | Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics. |
| 16. | Top startups to watch out for | Yes |
| 17. | Top 3 Trends to Watch | Yes |
| 18. | Top 3 Strategies Followed by Major Players | Yes |
| 19. | Top 3 Predictions by Vantage Market Research | Yes |
| 20. | Discussion Guide | Yes |
| 21. | Key Primary Respondents - VERBATIM | Yes |
| 22. | Transcripts from the Primary Respondents | Additional Cost USD 1,000 |
| 23. | Others/Miscellaneous | |
FAQ
Frequently Asked Question
What is the global demand for Nitrogen Purge Equipment in terms of revenue?
-
The global Nitrogen Purge Equipment valued at 561.25 Million in 2020 and is expected to reach 901.3 Million in 2028 growing at a CAGR of 6.1%.
Which are the prominent players in the market?
-
The prominent players in the market are Vadilal Chemicals,Aquila Engineers, Praxair Technology, Airgas, Halliburton, Liquid Packaging Solutions (LPS), Pepperl+Fuchs, Expo Technologies, IKM Testing UK, Epoxy Oilserv, Air Products and Chemicals, GTS..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 6.1% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Nitrogen Purge Equipment include
- The industrial gases production offers support in the purging method by employing contractual services which is expected to drive the growth of the nitrogen purge equipment market in the years to come.
- The use of nitrogen blanketing techniques for explosion prevention while working with potentially dangerous bulk chemical in pharmaceutical industry is further expected to support the growth of the nitrogen purge equipment market in near future.
Which region accounted for the largest share in the market?
-
Asia-Pacific was the leading regional segment of the Nitrogen Purge Equipment in 2020.
