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Privacy PolicyIndustrial Nitrogen Services (INS) Market (By Type: Gas and Liquid; By Application: Oil and Gas, Chemical, Food and Beverage, Electronics, Metal, and Others; By Region: North America, Europe, Asia Pacific, and LAMEA) Industry Size, Share, Growth, Trends 2025 to 2034
The global industrial nitrogen services (INS) market size was valued at USD 823 million in 2024, is projected to reach approximately USD 1.55 billion by 2034. This growth, driven by rising demand across oil & gas, chemical, and manufacturing industries, is expected at a CAGR of 6.5%.
| Reports Attributes | Statistics |
| Market Size in 2024 | USD 823 Million |
| Market Size in 2025 | USD 877 Million |
| Market Size in 2031 | USD 1,279 Million |
| Market Size by 2034 | USD 1,545 Million |
| CAGR 2025 to 2034 | 6.5% |
| Base Year | 2024 |
| Forecast Period | 2025 to 2034 |
| Regions | Shares (%) |
| North America | 35% |
| Asia Pacific | 30% |
| Europe | 25% |
| LAMEA | 10% |
| Segments | Shares (%) |
| Gas | 70% |
| Liquid | 30% |
| Segments | Shares (%) |
| Oil and Gas | 35% |
| Food and Beverage | 20% |
| Electronics | 15% |
| Metal | 10% |
| Others | 10% |
Published by Yogesh Kulkarni
| Type | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gas | 576.10 | 611.80 | 649.70 | 689.93 | 732.66 | 778.03 | 826.20 | 877.35 | 931.65 | 989.31 | 1,050.52 |
| Liquid | 246.90 | 264.70 | 283.77 | 304.21 | 326.10 | 349.55 | 374.67 | 401.58 | 430.41 | 461.29 | 494.36 |
| Application | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Oil and Gas | 288.05 | 305.02 | 322.98 | 341.98 | 362.10 | 383.38 | 405.89 | 429.72 | 454.93 | 481.60 | 509.81 |
| Chemical | 164.60 | 176.18 | 188.56 | 201.81 | 215.99 | 231.15 | 247.38 | 264.74 | 283.31 | 303.18 | 324.42 |
| Food and Beverage | 123.45 | 132.35 | 141.89 | 152.10 | 163.05 | 174.77 | 187.34 | 200.79 | 215.21 | 230.65 | 247.18 |
| Electronics | 82.30 | 88.53 | 95.21 | 102.40 | 110.11 | 118.40 | 127.29 | 136.85 | 147.10 | 158.12 | 169.94 |
| Metal | 82.30 | 86.77 | 91.48 | 96.43 | 101.64 | 107.12 | 112.88 | 118.94 | 125.31 | 132 | 139.04 |
| Others | 82.30 | 87.65 | 93.35 | 99.42 | 105.87 | 112.76 | 120.09 | 127.89 | 136.20 | 145.05 | 154.49 |
| Region | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 288.05 | 305.02 | 322.98 | 341.98 | 362.10 | 383.38 | 405.89 | 429.72 | 454.93 | 481.60 | 509.81 |
| Europe | 205.75 | 218.25 | 231.50 | 245.55 | 260.45 | 276.26 | 293.01 | 310.78 | 329.62 | 349.59 | 370.77 |
| Asia Pacific | 246.90 | 265.58 | 285.64 | 307.19 | 330.33 | 355.19 | 381.88 | 410.54 | 441.31 | 474.35 | 509.81 |
| LAMEA | 82.30 | 87.65 | 93.35 | 99.42 | 105.88 | 112.75 | 120.09 | 127.89 | 136.20 | 145.06 | 154.49 |
| Subsegment | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gas | 576.10 | 611.80 | 649.70 | 689.93 | 732.66 | 778.03 | 826.20 | 877.35 | 931.65 | 989.31 | 1,050.52 |
| Liquid | 246.90 | 264.70 | 283.77 | 304.21 | 326.10 | 349.55 | 374.67 | 401.58 | 430.41 | 461.29 | 494.36 |
| Subsegment | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Oil and Gas | 288.05 | 305.02 | 322.98 | 341.98 | 362.10 | 383.38 | 405.89 | 429.72 | 454.93 | 481.60 | 509.81 |
| Chemical | 164.60 | 176.18 | 188.56 | 201.81 | 215.99 | 231.15 | 247.38 | 264.74 | 283.31 | 303.18 | 324.42 |
| Food and Beverage | 123.45 | 132.35 | 141.89 | 152.10 | 163.05 | 174.77 | 187.34 | 200.79 | 215.21 | 230.65 | 247.18 |
| Electronics | 82.30 | 88.53 | 95.21 | 102.40 | 110.11 | 118.40 | 127.29 | 136.85 | 147.10 | 158.12 | 169.94 |
| Metal | 82.30 | 86.77 | 91.48 | 96.43 | 101.64 | 107.12 | 112.88 | 118.94 | 125.31 | 132 | 139.04 |
| Others | 82.30 | 87.65 | 93.35 | 99.42 | 105.87 | 112.76 | 120.09 | 127.89 | 136.20 | 145.05 | 154.49 |
| Subsegment | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 288.05 | 305.02 | 322.98 | 341.98 | 362.10 | 383.38 | 405.89 | 429.72 | 454.93 | 481.60 | 509.81 |
| Europe | 205.75 | 218.25 | 231.50 | 245.55 | 260.45 | 276.26 | 293.01 | 310.78 | 329.62 | 349.59 | 370.77 |
| Asia Pacific | 246.90 | 265.58 | 285.64 | 307.19 | 330.33 | 355.19 | 381.88 | 410.54 | 441.31 | 474.35 | 509.81 |
| LAMEA | 82.30 | 87.65 | 93.35 | 99.42 | 105.88 | 112.75 | 120.09 | 127.89 | 136.20 | 145.06 | 154.49 |
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