According to BlueWeaveCon, the global Nitrogen Spray Guns market has reached USD in 2019 and is further projected to reach USD by 2026, growing at a CAGR during the forecast period.
Nitrogen spray guns are active in clean rooms and work process stations. The spray guns provide supreme anti-corrosion protection and permanent safety against harsh chemicals. The unique design of nitrogen spray guns removes any leak of nitrogen gas and facilitates safe utilization. Technological progression in squirting devices, the surge in manufacturing facilities, and a rise in demand for cost-effective and easy spraying equipment boost the market growth.
Increasing use in various application
Rising chemical and metal manufacturing industries in both mature and forthcoming economies are giving a chance for the market to rise over the approaching years. Growing request for liquid nitrogen as a coolant and refrigerant amid numerous end-use industries such as healthcare, metal fabrication, rubber & plastic, food & beverages, automotive, electronics, pharmaceuticals, and construction is projected to push the market over the upcoming years.
Rise in use of PSA Technology
Pressure swing adsorption (PSA) technology is predictable to raise at the maximum CAGR over the prediction period. This technology provides an air separation process from gases without liquefaction. The growing demand for pressure swing technology due to its low operating cost is expected to increase the market over the next eight years. Increasing reserves by companies such as Air Products & Chemicals Inc. and Praxair for the growth of liquid nitrogen technologies is predicted to push the market over the prediction period.
The metal manufacturing & construction segment occupied the largest share of the Nitrogen Spray Guns market
The chemicals & pharmaceutical segment is probable to be the fastest-increasing end-use segment. The growing use of liquid nitrogen in the pharmaceutical industry to retain the cold reaction temperature for medicines is expected to boost the market over the next eight years. Rising request for the healthcare segment is a motivating factor for the industry. The metal manufacturing & construction segment developed as the major end-use segment accounting for over 41% of the total market income in 2016. The growing use of the product as an industrial gas in the metal purifying and fabrication process is projected to fuel the market growth over the forecast period.
Global Nitrogen Spray Guns Market: By Type
Nitrogen spray guns are used in cleanrooms and work process stations. The spray guns provide supreme anti-corrosion defense and long-lasting protection against harsh chemicals.
Global Nitrogen Spray Guns Market: By Application
The chemicals & pharmaceutical segment is probable to be the fastest-increasing end-use segment. The growing use of liquid nitrogen in the pharmaceutical industry to retain the cold reaction temperature for medicines is expected to boost the market over the next eight years.
Global Nitrogen Spray Guns Market: By Technology
Cryogenic distillation conquered the technology segment in 2016 and is expected to be the largest section crosswise the prediction period.
North America is expected to witness significant growth in the market during the forecast period
North America was the foremost nitrogen spray market and accounted for around 35% of the total market income in 2015. Rising progressive activities are predictable to push the market over the forecast period. A growing number of manufacturers and suppliers in this region is predicted to increase the market. The Asia Pacific is predicted to be the fastest-growing regional segment. Emerging economies in a region counting India and China have been feeling strong economic growth.
The leading players”in the Nitrogen Spray Guns market include Terra Universal. Inc, Esco Group, ACMAS Technologies Pvt Ltd, Bionics Scientific Technologies Pvt ltd., Air Science USA, Hughes Safety Showers, Kimberly-Clark Corporati
on, Du Pont, Illinois Tool Works, Royal Imtech N.V, M+W Group, Azbil Corporation, Clean Air Products, Alpiq Group, and other prominent players are expanding their presence in the market by implementing various business strategies.
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The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of the global Nitrogen Spray Guns market size & forecast. The report promises to provide recent technology trends of the Nitrogen Spray Guns market and industry insights that help decision-makers to make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
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