Global Nitrogen Market Size & Outlook, 2022-2030

The nitrogen industry worldwide is expected to reach a projected revenue of US$ 69,720.3 million by 2030. A compound annual growth rate of 7.1% is expected of the worldwide nitrogen industry from 2023 to 2030.
Revenue, 2022 (US$M)
$40,296.8
Forecast, 2030 (US$M)
$69,720.3
CAGR, 2023 - 2030
7.1%
Report Coverage
Worldwide

Global nitrogen market highlights

  • The global nitrogen market generated a revenue of USD 40,296.8 million in 2022 and is expected to reach USD 69,720.3 million by 2030.
  • The market is expected to grow at a CAGR (2023 - 2030) of 7.1% by 2030.
  • In terms of segment, food & beverages accounted for a revenue of USD 20,077.8 million in 2022.
  • Food & Beverages is the most lucrative application segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2022.
  • Country-wise, Italy is expected to register the highest CAGR from 2023 to 2030.

Global data book summary

Market revenue in 2022USD 40,296.8 million
Market revenue in 2030USD 69,720.3 million
Growth rate7.1% (CAGR from 2022 to 2030)
Largest segmentFood & beverages
Fastest growing segmentFood & Beverages
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationFood & Beverages, Chemicals, Pharmaceuticals, Electronics

Other key industry trends

  • In terms of revenue, the North America accounted for 27.1% of the global nitrogen market in 2022.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, Italy is the fastest growing regional market and is projected to reach USD 407.4 million by 2030.

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Nitrogen Market Scope

Nitrogen market segmentation & scope
Food & Beverages
Chemicals
Pharmaceuticals
Electronics
Oil Refining
Ammonia
Transportation
Oil & Gas
Medical
Fire Suppressant
Metals & Mining
Water Treatment
Healthcare
Manufacturing
Metal working
Lamps
Others
Methanol
Steel

Nitrogen Market Companies

Name Profile # Employees HQ Website

Global nitrogen market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to nitrogen market will help companies and investors design strategic landscapes.


Food & beverages was the largest segment with a revenue share of 49.82% in 2022. Horizon Databook has segmented the Global nitrogen market based on food & beverages, chemicals, pharmaceuticals, electronics covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Nitrogen Application Outlook (Revenue, USD Million, 2018-2030)
    • Food & Beverages
    • Chemicals
    • Pharmaceuticals
    • Electronics
    • Oil Refining
    • Ammonia
    • Transportation
    • Oil & Gas
    • Medical
    • Fire Suppressant
    • Metals & Mining
    • Water Treatment
    • Healthcare
    • Manufacturing
    • Metal working
    • Lamps
    • Others
    • Methanol
    • Steel

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Horizon Databook provides a detailed overview of global-level data and insights on the Global nitrogen market , including forecasts for subscribers. This global databook contains high-level insights into Global nitrogen market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global nitrogen market size, by region, 2018-2030 (US$M)

Top 10 countries: Nitrogen market size, 2022 (US$M)

Global nitrogen market share, by application, 2022 & 2030 (%, US$M)

Nitrogen market: Opportunity assessment by country

Global nitrogen market, by region, 2022 (US$M)

Global nitrogen market size, by region, 2018-2030 (US$M)

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