Nitrogen Generator Market – Global Industry Analysis and Forecast (2024-2030) by Type, Application a
Nitrogen Generator Market was worth USD 13.28 Bn. in 2023 and total revenue is expected to grow at a rate of 4.1% CAGR from 2024 to 2030, reaching almost USD 17.59 Bn. in 2030. Nitrogen Generator Market Overview: Nitrogen is an industrial gas that is widely used in a variety of industries. It's often made by extracting nitrogen from air. Nitrogen makes up about 78 % of air, oxygen compensates around 21%, and other gases compensate around 1%. Nitrogen is generated with the help of a nitrogen generator, which converts air into nitrogen. The market size in 2023 for nitrogen generator market was worth USD 13.28 Bn.
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