Nitrogen (N), with the structural formula N2, is the pnictogen group’s lightest element that is made under cryogenic circumstances using distillation columns via liquid air’s fractional distillation. The process’s resulting by-product is oxygen. It is a key element which is a component of the genetic code and DNA. The gas is colourless in appearance and has no odour. Its respective boiling and melting points are 77.355 K and 63.2 K. It is lighter than air, has slight solubility in air and water and is also non-flammable.
Request for Real-Time Nitrogen Prices: https://procurementresource.com/resource-center/nitrogen-price-trends/pricerequest
The largest countries exporting and importing the commodity include Belgium, the United States, Austria, France and Poland, along with Netherlands, Slovakia, Luxembourg, Canada, and Hungary.
Key Details About the Nitrogen Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Nitrogen price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Nitrogen Price chart, including India Nitrogen price, USA Nitrogen price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Nitrogen Price Trend:
Nitrogen is an important gas which plays a key role in the food industry owing to its use in food preservation. It is added to packaged food items to prolong their shelf-life and prevent damage which is boosting its demand in the sector. Furthermore, the growing advancements in the industry and newly launched technologies for food preservation will continue to increase market growth. In the healthcare industry, it is used to make medications which are boosting market sales and generate huge revenues. In addition, industrial nitrogen is widely employed in the chemical sector, which will be profitable for key companies. Also, the constant developments in cryogenic fraction distillation technology will further the industry’s expansion.
Key Players:
- Air Liquide
- Air Products Inc.
- Bombay Oxygen Investments Ltd
- Buzwair Industrial Gases Factories
- Cryomech Inc.
- Gulf Cryo
- Linde
- MVS Engineering Pvt. Ltd
About Us:
Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
Contact Us:
Company Name: Procurement Resource
Contact Person: Jorge Garcia
Email: sales@procurementresource.com
Toll-Free Number: USA & Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA
