Colombia Nitrogen Market Size & Outlook, 2022-2030

The nitrogen market in Colombia is expected to reach a projected revenue of US$ 276.0 million by 2030. A compound annual growth rate of 6.2% is expected of Colombia nitrogen market from 2023 to 2030.
Revenue, 2022 (US$M)
$171.2
Forecast, 2030 (US$M)
$276.0
CAGR, 2023 - 2030
6.2%
Report Coverage
Colombia

Colombia nitrogen market highlights

  • The Colombia nitrogen market generated a revenue of USD 171.2 million in 2022 and is expected to reach USD 276.0 million by 2030.
  • The Colombia market is expected to grow at a CAGR of 6.2% from 2023 to 2030.
  • In terms of segment, food & beverages was the largest revenue generating application in 2022.
  • Food & Beverages is the most lucrative application segment registering the fastest growth during the forecast period.


Nitrogen market data book summary

Market revenue in 2022USD 171.2 million
Market revenue in 2030USD 276.0 million
Growth rate6.2% (CAGR from 2022 to 2030)
Largest segmentFood & beverages
Fastest growing segmentFood & Beverages
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationFood & Beverages, Chemicals, Pharmaceuticals, Electronics
Key market players worldwideAir Liquide SA, Air Products & Chemicals Inc, Iwatani Corp, Linde PLC, Nippon Sanso Holdings Corp, Messer Group, SOL Group, INOX Air Products, Strandmöllen


Other key industry trends

  • In terms of revenue, Colombia accounted for 0.4% of the global nitrogen market in 2022.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil nitrogen market is projected to lead the regional market in terms of revenue in 2030.
  • Chile is the fastest growing regional market in Latin America and is projected to reach USD 604.4 million by 2030.

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Nitrogen Market Scope

Nitrogen market segmentation & scope

Nitrogen Market Companies

Name Profile # Employees HQ Website

Colombia 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 49.24% in 2022. Horizon Databook has segmented the Colombia nitrogen market based on food & beverages, chemicals, pharmaceuticals, electronics covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Colombia nitrogen market databook

  • Our clientele includes a mix of nitrogen market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Colombia nitrogen market , including forecasts for subscribers. This country databook contains high-level insights into Colombia nitrogen market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Colombia nitrogen market size, by application, 2018-2030 (US$M)

Colombia Nitrogen Market Outlook Share, 2022 & 2030 (US$M)

Colombia nitrogen market size, by application, 2018-2030 (US$M)

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