Nitrogen generators are machine that separate nitrogen molecules from compressed air. Nitrogen as a gas finds its application across multiple industries including transportation, medical & pharmaceuticals. The demand for nitrogen has recently been most influenced by the food & beverage industry. This is underlined by its utilisation in food packaging and processing. Nitrogen creates an inert atmosphere that helps preserve food products and extend their shelf life. In addition to this, nitrogen is also used in alcoholic beverages to produce a high-quality brew. Moreover, it is also used in the production of beverages such as juices, wines, and beers. The growing adoption of nitrogen across food and beverage industry is projected to create umpteen opportunities for the nitrogen generators market to grow in the coming years.
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Numerous Benefits of Plug-and-Play Nitrogen Generators to Drive Global Market to Sound Expansion
Recent years have witnessed the adoption of plug-and-play generators at a substantial rate. This is mainly due to its numerous benefits such as autonomous functioning, compact design, and ease of accessibility for operators. Additionally, the systems are highly capable of being stationary or modular as per the requirement of the process. These systems are cost-effective and provide energy efficiency along with multistage filtration options. Likewise, the plug-n-play generators are safe to operate and have optimum connectivity features to collect information on a real-time basis, creating significant demand for these generators. The rising adoption of plug-and-play nitrogen generators, is thus, poised to bode well for the nitrogen generators market.
Pressure Swing Adsorption Nitrogen Generators to Create Lucrative Growth Prospects
Pressure Swing Adsorption (PSA) nitrogen generators use the pressure swing absorption technique to separate nitrogen gas from the purified and compressed gas. These nitrogen generators have ease of use, efficient operations, flexible nitrogen supply, and reliable service life. Their major applications include providing high-purity nitrogen at a substantially lower cost. PSA nitrogen generators are extensively used in industries such as transportation and logistics, electronics, pharmaceuticals, and manufacturing. As a result, the demand for PSA nitrogen generators has significantly grown, increasing their sales around the world. This in turn is projected to steepen the growth curve for the global nitrogen generators market in the years to come.
Paced Demand for Nitrogen across Spectrum of Industries to Forge Asia Pacific as Key Region
The rising population, urbanisation and improving living standards in Asia-Pacific is attracting various companies across multiple industries Such an expansion has surged the demand for nitrogen, in turn, propelling the nitrogen generators market growth. Furthermore, macro factors such as the growing economies of China, India, and Singapore, are also an impetus to the regional market growth. Furthermore, favourable government policies also play a major role in market expansion. The cumulative force of these factors is projected to create strong tailwinds for the nitrogen generators market in the Asia Pacific.
Prominent Market Players
Some of the most competitive players in the global nitrogen generators market include Parker Linde Plc, Hannifin Corporation, Atlas Copco, Ingersol Rand, Air Liquide, Novair SAS, On Site Gas Systems Inc., Hitachi Industrial Equipment System, Air Products and Chemicals Inc.
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