The global nitrogen generators market size was US$ 11740.16 million in 2021. The global nitrogen generators market size is forecast to reach US$ 17,772.3 million by 2030, growing at a compound annual growth rate (CAGR) of 4.5% during the forecast period from 2022 to 2030.

The largest element in the Earth's atmosphere is nitrogen. As a colorless and odorless gas, it can form multiple bonds with other compounds. For many different industries, nitrogen gas is an integral component of production. In addition, food packaging, chemical blanketing, electronics, laboratories, and others use nitrogen. Nitrogen generation systems and nitrogen generators use compressed air to separate nitrogen molecules. These devices can produce nitrogen gas with a purity of about 99.999%. Nitrogen generators are one of the most effective ways to supply nitrogen as they guarantee a constant supply of high purity gas.

Factors Influencing Market Growth

• The food industry uses nitrogen in the packaging and processing of food. As a result, the growth in pharmaceutical and food & beverage industries contribute positively to the growth of the global nitrogen generator market. 
• Various government initiatives and free trade agreements have bolstered manufacturing activity across the globe, which has, in turn, led to an increase in the global nitrogen generator market demand.
• The frequent maintenance required for nitrogen generators may slow down the overall market's growth.

Impact Analysis of COVID-19

A number of manufacturers in countries like China, the U.S., and India had to cease their operations due to the COVID-19 pandemic lockdown. The disruption directly affected sales of nitrogen generator manufacturers. The lack of workers and raw materials has also hampered the supply of nitrogen generator components and negatively impacted the market's growth. 

Despite this, the reopening of production facilities and the availability of vaccines for COVID-19 disease is forecast to convince nitrogen generator companies to reopen.

Regional Insights

North America held dominance in the market in 2021 and is forecast to remain dominant throughout the forecast period. Different industries are experiencing an increase in demand for nitrogen generators, especially food and beverage, laboratories, and the automobile and transport industry. On-site nitrogen generation systems offer various benefits as compared to traditional nitrogen cylinders, including sustainable, safe, reliable, cost-effective, and time-efficient applications.

The Asia Pacific region is forecast to grow at a significant rate in the nitrogen generator market during the forecast period. Growing end-user industries such as food & beverage, aviation, and pharmaceutical have contributed to the increase. Growing economies such as China and India are likely to contribute significantly to the global nitrogen generator market in the region due to the high potential growth in end-user industries in these countries.

Leading Competitors

The leading prominent companies profiled in the global nitrogen generators market are:

• Air Liquide S.A.
• Air Products and Chemicals, Incorporated
• Atlas Copco AB
• Hitachi Industrial Equipment Systems Co., Limited
• Linde plc
• NOVAIR S.A.S
• On Site Gas Systems, Incorporated
• Oxymat A/S
• Parker-Hannifin Corporation
• Peak Gas Generation
• Other Prominent Players

Scope of the Report

The global nitrogen generators market segmentation focuses on Type, End-User, and Region.

Segmentation based on Type

• PSA Nitrogen Generator
• Membrane Nitrogen Generator
• Cryogenic Nitrogen Generator

Segmentation based on End-User

• Food & Beverage
• Transportation
• Medical & Pharmaceuticals
• Electrical & Electronics
• Chemicals
• Others

Segmentation based on Region

• North America
• The U.S.
• Canada
• Mexico
• Europe
• Western Europe
• The UK
• Germany
• France
• Italy
• Spain
• Rest of Western Europe
• Eastern Europe
• Poland
• Russia
• Rest of Eastern Europe
• Asia Pacific
• China
• India
• Japan
• Australia & New Zealand
• ASEAN
• Rest of Asia Pacific
• Middle East & Africa (MEA)
• UAE
• Saudi Arabia
• South Africa
• Rest of MEA
• South America
• Brazil
• Argentina
• Rest of South America