Product Code: ETC044824 | Publication Date: Aug 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India Liquid Nitrogen Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 11.89% in 2028, following an initial rate of 10.40%, before easing to 11.71% at the end of the period.
The Liquid Nitrogen Market in India is expected to grow at a CAGR of about 5.4% during the forecast period 2025-2031. Growing demand for liquid nitrogen from various end-user industries, such as healthcare, semiconductor and electronics industry, automotive sector and food processing industry are driving the growth of the market in India. Also, increasing use of cryopreservation technology in hospitals adds up to its overall growth prospects over the coming years.
Rising Demand from End User Industries: The major factor driving the growth of liquid nitrogen market in India is an increase in demand from various end-user industries such as healthcare, semiconductor and electronics industry, automotive sector and food processing industry. This has resulted due to growing technological advancements that require more efficient cooling systems with high accuracy and precision level which can be provided by liquid nitrogen tanks or cylinders used across these sectors for operations involving freezers or cold storages comprising low temperatures through cryopreservation techniques etc., thereby boosting their respective production capacities while reducing any chances for quality deterioration or wastage. Increasing Use Of Cryopreservation Technology In Hospitals: Another key driver contributing towards increased adoption rate of Indian Liquid Nitrogen Market is increasing use of cryopreservation technology especially within hospitals where it?s used extensively for preserving cells & tissues along with other biological substances so that they can be utilized later on if needed without any significant damage taking place due them being exposed longer duration outside normal temperature range normally present inside human body leading towards elevation on consumption rates associated with same material resulting into further acceleration observed across this particular vertical`s revenues related figures throughout forecast timeframe until 2031 end point.
Availability Of Substitute Products At Lower Prices : One main challenge faced by Indian Liquid Nitrogen market is availability materials at lower prices compared to existing products offered under this heading thus creating considerable pricing pressure across entire value chain making it difficult to manufacture profitable margins out resulting business operations eventually leading towards stagnation noticed terms revenue cycle based trends going forward till 2031. High Capital Intensity Involved With Its Usage : Other than above mentioned issue pertaining availability substitute product categories cheaper price points another constraint encountered here lies presence sizable capital intensity involved when utilizing same material during ongoing process flows mainly attributed need installation storage tanks units capable holding large amounts near ambient temperatures itself so as maintain required levels purity standards desired outcomes ultimately restricting public participation certain extent playing.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Liquid Nitrogen Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Liquid Nitrogen Market Revenues & Volume, 2021 & 2031F |
3.3 India Liquid Nitrogen Market - Industry Life Cycle |
3.4 India Liquid Nitrogen Market - Porter's Five Forces |
3.5 India Liquid Nitrogen Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
3.6 India Liquid Nitrogen Market Revenues & Volume Share, By Storage, Distribution and Transportation, 2021 & 2031F |
3.7 India Liquid Nitrogen Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.8 India Liquid Nitrogen Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
4 India Liquid Nitrogen Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Liquid Nitrogen Market Trends |
6 India Liquid Nitrogen Market, By Types |
6.1 India Liquid Nitrogen Market, By End-Use Industry |
6.1.1 Overview and Analysis |
6.1.2 India Liquid Nitrogen Market Revenues & Volume, By End-Use Industry, 2021-2031F |
6.1.3 India Liquid Nitrogen Market Revenues & Volume, By Chemicals & pharmaceuticals, 2021-2031F |
6.1.4 India Liquid Nitrogen Market Revenues & Volume, By Food & beverage, 2021-2031F |
6.1.5 India Liquid Nitrogen Market Revenues & Volume, By Healthcare, 2021-2031F |
6.1.6 India Liquid Nitrogen Market Revenues & Volume, By Metal manufacturing & construction, 2021-2031F |
6.1.7 India Liquid Nitrogen Market Revenues & Volume, By Rubber & Plastic, 2021-2031F |
6.1.8 India Liquid Nitrogen Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Liquid Nitrogen Market, By Storage, Distribution and Transportation |
6.2.1 Overview and Analysis |
6.2.2 India Liquid Nitrogen Market Revenues & Volume, By Cylinder & packaged distribution, 2021-2031F |
6.2.3 India Liquid Nitrogen Market Revenues & Volume, By Merchant liquid distribution, 2021-2031F |
6.2.4 India Liquid Nitrogen Market Revenues & Volume, By Tonnage distribution, 2021-2031F |
6.3 India Liquid Nitrogen Market, By Function |
6.3.1 Overview and Analysis |
6.3.2 India Liquid Nitrogen Market Revenues & Volume, By Coolant, 2021-2031F |
6.3.3 India Liquid Nitrogen Market Revenues & Volume, By Refrigerant, 2021-2031F |
6.4 India Liquid Nitrogen Market, By Manufacturing Process |
6.4.1 Overview and Analysis |
6.4.2 India Liquid Nitrogen Market Revenues & Volume, By Cryogenic distillation, 2021-2031F |
6.4.3 India Liquid Nitrogen Market Revenues & Volume, By Pressure swing adsorption, 2021-2031F |
7 India Liquid Nitrogen Market Import-Export Trade Statistics |
7.1 India Liquid Nitrogen Market Export to Major Countries |
7.2 India Liquid Nitrogen Market Imports from Major Countries |
8 India Liquid Nitrogen Market Key Performance Indicators |
9 India Liquid Nitrogen Market - Opportunity Assessment |
9.1 India Liquid Nitrogen Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
9.2 India Liquid Nitrogen Market Opportunity Assessment, By Storage, Distribution and Transportation, 2021 & 2031F |
9.3 India Liquid Nitrogen Market Opportunity Assessment, By Function, 2021 & 2031F |
9.4 India Liquid Nitrogen Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
10 India Liquid Nitrogen Market - Competitive Landscape |
10.1 India Liquid Nitrogen Market Revenue Share, By Companies, 2024 |
10.2 India Liquid Nitrogen Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |