Nitrogen is a non-metallic chemical that is odorless, colorless, and inert gas used in various applications, including fertilizers, industrial, and feed. Nitrogen is one of the prime applications in ammonia production, which is further used to produce fertilizers. According to BlueQuark Research & Consulting, the global Nitrogen market is expected to have a moderate growth rate during the forecast period. Due to the increasing population and environmental degradation, there is a continuous decrease in arable land per person, significantly increasing the consumption of fertilizers and hence increasing nitrogen usage. The high need for nitrogen for food & beverage packaging is another major growth factor in the market as nitrogen packaging slows down aerobic spoilage & oxidative deterioration and widens the shelf-life of food products. However, the lack of safety measures used for handling nitrogen in industries such as steel manufacturing aerospace sector limits the growth of the nitrogen market globally. Moreover, the surging use of nitrogen as a shielding gas in the packaging of drugs and as fire control in mining and oil & gas industries are further enhancing the market growth.

Nitrogen has several usage in the food & beverage sector, including food processing, packaging, and flushing. One of the general uses of nitrogen gas in the food & beverage sector is for food aeration. In terms of packaging, nitrogen packaging is viral, among other gases. Nitrogen is often utilized for Modified Atmosphere Packaging (MAP). MAP is used to surge the shelf life of packaged food. Apply nitrogen, and oxygen is pushed out of the packaging. Food & beverage companies that utilize nitrogen for packaging can grow their exports to foreign countries without the risk of food getting spoiled. Nitrogen packaging can also preserve food's nutritional value, texture, taste, flavor, and aroma. Nitrogen is also worn in the winemaking process to extract and prohibit oxygen from coming into contact with the wine. In 2018, the global retail worth of food & beverage sales stood at USD 2.43 trillion, increasing from USD 2.27 trillion in 2013. The value is predicted to reach USD 2.73 trillion in 2023, observing a CAGR of 2.1%.

Beer is expected to remain the most prominent segment by value within the global beverage industry. Acceptance of alcohol consumption by consumers, the population base of the young generation, and increasing per capita income are the major propelling forces that spur growth for this segment over the forecasted period. APAC is expected to remain the most extensive region and witness the highest growth rate during the forecasted period due to its vast population base. The market growth for the food & beverage sector is anticipated to be slow in North American and European regions. In contrast, Asia-Pacific, the Middle East, and African regions are expected to witness significant growth in the forecasted period. The consumption of nitrogen is awaited to be driven by the change in the global food & beverage industry during the forecast period.

On 10th August 2020, Corteva launched the instinct NXTGEN Nitrogen Stabilizer. This new formulation adds Optinyte technology to offer up to eight weeks of urea, UAN, and liquid manure protection during fall. Ammonia is being investigated as a capability fuel as an alternative to hydrogen. However, it seems contradictory that its production process has pumped carbon dioxide (CO2) emissions into the atmosphere. Ammonia-producing plants provide 1.8% of global CO2 emissions, equating to half a billion tonnes released into the atmosphere per year.

The global Nitrogen market is segmented based on Phase, Production Method, Application, and End-use. The end use industry segment is further segmented as Fertilizer, Electronics, Food & Beverage, Oil & Gas, Healthcare, and Others.

Fertilizers are vital for agricultural productivity. According to the International Fertilizer Association (IFA), nearly 85% of the soils globally are deficient in nitrogen. Nitrogen is considered an essential nutrient, and plants absorb more nitrogen than any other element. Nitrogen is critical in the formation of protein, which makes up the majority of the tissues of most living things. Mineral fertilizers are required to meet the growing food requirements of an increasing world population. According to the United Nations, the population is evaluated to reach 9.8 billion by 2050, and to produce enough food for everyone, an increase in crop yields is essential.

Global fertilizer demand is expected to grow at an average of 1.5% per annum by 2021. The fertilizer industry is predicted to attract investment close to USD 110 billion in more than 65 new production units, growing global capacity by 90 million tonnes. The fertilizer sector has been primarily affected by the ongoing COVID-19 pandemic since its outset. China is the biggest and most significant producer of fertilizers, has been hit by the low operational rates of manufacturing facilities, and is observing a downward trend in the market. The Asia Pacific reports for 60% of the fertilizers market. Every year more than 100 million tons of nitrogen are applied to crops in fertilizers, helping them grow more robust and better.

The global Nitrogen Market is fragmented into Asia Pacific, North America, South America, Europe, and Middle East & Africa based on geography. Asia-Pacific was found to be the primary region for the market, and China is the largest nitrogen consumer in the area. The major companies in the market own producing facilities and significant supply contracts with specific region emerging economies such as China, thereby achieving flexibility and logistics strength for the imports.

The US is one of the world's largest economies. The country's GDP has decreased at a rate of 5% in the first quarter and 9.5% in the second quarter of 2020, owing to the continuing coronavirus pandemic. According to the World Bank, the total tillable land in the country is nearly 40%. The use of fertilizers and pesticides is wide in the country's agriculture and crop production and has been highly aided by these inputs. As the need for crops such as corn and soybeans grown in the country, so did the land area assigned for their production, along with the increased usage of fertilizers. In 2018, the fertilizer consumption in the US was more than 150 kilograms per hectare.

Natural gas is a prime component in the manufacture of nitrogen-based fertilizers. Despite an oversupply in the present market, the recent shale gas glut in the region has nitrogen fertilizer manufacturers looking to take advantage of the resulting reduced production costs. The increase leads to the nitrogen demand in the country in corn acres that is expected to surge in the forecasted periods. 58% of the nitrogen utilization in the country is worn in corn production. In 2019 nitrogen fertilizer consumption was about 11.9 million metric tons. Nitrogen has no dangerous effect on food or beverages when brought into contact. It is highly beneficial in the food and beverage industry as it can be used to displace oxygen and therefore inhibit oxidation, which causes food and beverage spoilage. In the US, people consume 31% more packaged food than fresh food, one of the highest in the world.

Some of the primary market players in the global market include Air Liquide SA, The Linde Group, Air Products and Chemicals, and Messer Group.

In Jul 2020, NLMK and Air Liquide, a foremost steel manufacturer in Russia, entered into a new long-term partnership. Under the agreement, Air Liquide will invest about 100 million euros in the flagship site of NLMK in Lipetsk.

In Jul 2020, Air Liquide signed a long-term agreement with Steel Dynamics, Inc., to supply gaseous nitrogen, oxygen, and argon to the company's new Electric Arc Furnace steel mill in Sinton, Texas.

In Jul 2020, the Port of Rotterdam Authority and Air Liquide introduced a jointly created initiative to enable 1,000 hydrogen-powered zero-emission trucks on the roads connecting Belgium, the Netherlands, and western Germany by 2025.

In Apr 2020, Air Liquide will spend close to 200 million euros to build manufacturing capacities in the Science Parks of Hsinchu and Tainan, respectively, situated in the South and the North of Taiwan.

Our Global Nitrogen market report supplies deep insight into the current and future state of the Nitrogen market across various regions. Also, the study comprehensively analyzes the Nitrogen market by segments based on phase (Gas and Liquid), production method (Fractional Distillation, Pressure Swing Adsorption, and Membrane Separation), application (Semiconductors, Packaging, Ammonia, Fire Prevention, Pharmaceuticals, and Others (Molding, Stainless Steel, etc.)) and, by end-user industry (Fertilizer, Oil & Gas, Electronics, Food & Beverage, Healthcare, and Others (Glass, Metal, etc.)), and by Geography (Asia Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints, along with the impact of Covid-19 on market growth, in detail. The study covers & includes emerging market trends, market developments, market opportunities, market size, market analysis, market dynamics, and challenges in the industry. This report also covers extensively researched competitive landscape sections with profiles of prominent companies, including their market share and projects.