Global Nitrogen Spray Guns Market, By Product (PTFE Nitrogen Spray Guns, Poly Nitrogen Spray Guns, and Others) and By Application (Metal Manufacturing & Construction, Chemical & Pharmaceuticals, Food & Beverages, Rubber & Plastic, Others), By Technology (Cryogenic Distillation, Pressure Swing Adsorption), By Region (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America); Trend Analysis, Competitive Market Share & Forecast, 2020-2026

Upcoming:
November 2020
Report Code:
bwc20210
Available Format:
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Pages:
182

global nitrogen spray guns market bwc20210

Global Nitrogen Spray Guns Market Size – Industry Trends & Forecast Report 2026

 

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. Increasing growing activities in the Asia Pacific are predictable to push the market over the prediction period. A rising income level is predicted to increase the demand for high-end electronic products. Increasing growth in chemicals and metal manufacturing industries to supply the raw materials for the manufacturing and construction sector is expected to augment the market.

 



Source: BlueWeave Consulting

Global Nitrogen Spray Guns Market Overview:

 

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. However, the lack of qualified and expert workers and the high cost of nitrogen gas is expected to hamper the market.


 

Global Nitrogen Spray Guns Market Forecast and Trends

 

Growth Drivers 

 

Rise in the 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.

 

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.

 

Impact of COVID-19 in the industry

 

The dangers in this epidemic are not just linked to contaminated patients, operators, cells, and tissues, but to the liquid nitrogen itself. The warning about the risk has been communicated, which is still mainly ignored; our plea to ART experts is not to undervalue the potential risk of LN2/NV-mediated COVID-19 contamination and to put in place plans to prevent this possibility.

 

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. The exclusive design of nitrogen spray guns eliminates any leak of nitrogen gas and facilitates safe utilization. Technological advancement in spraying devices, surge in industrial facilities and rise in demand for cost-effective and easy spraying gear boost the market growth. However, a dearth of experienced and skilled workers and the high cost of nitrogen gas are expected to hinder the market.

 

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. 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 Technology

 

Cryogenic distillation conquered the technology segment in 2016 and is expected to be the largest section crosswise the prediction period. It is a cost-effective technology used to produce industrial gases such as nitrogen, argon, and oxygen. Growing use in the fabrication of semiconductor devices is predictable to complement market development. This is the largely used technology to harvest liquefied industrial gases due to its low investment cost and a few utility ingesting. Polaris Company has advanced a cleansing process for gases at low temperatures using cryogenic distillation technology. Applications involved in cryogenic distillation are the cleansing of carbon monoxide, argon, oxygen, and light hydrocarbons.

 

Global Nitrogen Spray Guns Market: Regional insights

 

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. Growing population and living standards have spurred the market demand in food & beverages, construction, electronics, and pharmaceutical segments.