US Nitrogen Generator Market
Surge in Trade of Food and Pharmaceutical Products to Fuel US Nitrogen Generator Market Growth During Forecast Period
Imports and exports of food and pharmaceutical products have a significant impact on the US food security and economy. The import of food products has intensified in recent years with population growth and urbanization. In 2023, India exported pharmaceuticals and drugs worth INR 606 billion (~US$ 7.21 billion) to the US. On the other hand, the US exported ~US$ 93.6 billion and imported ~US$ 163 billion worth of pharmaceutical products in 2022. In 2023, the value of food and farm products exported from the US to the world totaled nearly ~US$ 175 billion. Soybeans, cotton, corn, wheat, and other bulk commodities accounted for ~34% of all US agricultural exports in 2023.
With the significant increase in 2023, pharmaceutical products continued to be the second-largest import category for US consumer goods. In 2023, the country accounted for ~US$ 208 billion worth of imports. An upsurge in the import and export of pharmaceuticals, drugs, and food products results in a large-scale demand for nitrogen in storage and transportation applications. Storage facilities play a crucial role in the overall supply chain of these products. During transportation, cold storage-equipped trucks, ships, and containers are required to ensure the quality and safety of perishable food and pharmaceutical products. Keeping food and pharmaceutical products at optimal temperatures and ambient atmosphere to safeguard their minerals and nutritional value boosts the demand for nitrogen in the US. Therefore, the rapid growth in the trade of food and pharmaceutical products propels the US nitrogen generator market growth.
US Nitrogen Generator Market: Industry Overview
The report includes the US nitrogen generator market forecast by type and end user. Based on type, the US nitrogen generator market is segmented into PSA nitrogen generators, membrane nitrogen generators, and cryogenic nitrogen generators. The market, in terms of end user, is categorized into oil and gas, food and beverage, medical and pharmaceuticals, transportation, chemicals, and others. The US is divided into four major regions: Northeast, Midwest, South, and West.
These regions of the US have different cultural and geological characteristics that make them distant from one another. The Southwest is recognized for its deserts and rich Native American heritage, while the Northeast is known for its dense forests and busy cities. The Southeast is renowned for its warm hospitality and rich music history, whereas the West Coast is famous for its rugged coastline and tech hubs. Further, the Midwest is known for its rolling plains and agriculture. By identifying these regional diversities, one can better comprehend the exclusive challenges and opportunities that shape the diverse economic landscape of the US.
Connecticut, District of Columbia, Delaware, Maine, Massachusetts, Maryland, New Hampshire, New Jersey, New York, Rhode Island, Pennsylvania, Vermont, Puerto Rico, Virgin Islands, Virginia, and West Virginia are a few of the prominent states/territories in the Northeast region of the US. The growing development of the pharmaceuticals, medical, food and beverages, manufacturing, and electronics industries is creating a conducive environment for the nitrogen generator market progress in the Northeast part of the US. The inert properties of nitrogen gas make it appropriate as a blanketing gas in pharmaceutical applications, wherein it inhibits oxidation and degradation of chemicals and powder by cutting their contact with atmospheric moisture and oxygen.
US Nitrogen Generator Market: Competitive Landscape and Key Developments
Advanced Gas Technologies; BAUER COMPRESSORS, INC.; On Site Gas Systems Inc.; Atlas Copco AB; Parker Hannifin; Holtec Gas Systems; VICI DBS; Peak Scientific Instruments Ltd; Air & Gas Solutions LLC; and Ingersoll Rand Inc. among others are among the leading players profiled in the US nitrogen generator market report. Several other essential market players were analyzed for a holistic view of the market and its ecosystem. The US nitrogen generator market report provides detailed market insights, which help the key players strategize their market growth. As per the company press releases, a few key developments are mentioned below:
- PEAK Scientific announced its strategic partnership with Onelab, a premier distributor of laboratory equipment, as the exclusive distributor of PEAK Scientific products across New Zealand. This collaboration aims to enhance accessibility to PEAK Scientific’s cutting-edge gas generation solutions, catering to the evolving needs of scientific research and analysis in the region..
(Source: PEAK Scientific, Press Release, June 2024)
- Atlas Copco acquires OXYMAT A/S and becomes part of the Industrial Air division within the Compressor Technique Business Area. The Compressor Technique business area provides compressed air solutions: industrial compressors, gas and process compressors and expanders, air and gas treatment equipment, and air management systems. The business area has a global service network and innovates for sustainable productivity, mainly in the manufacturing and process industries. (Source:, Press Release, September 2022)
