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)
$276.0
CAGR, 2023 - 2030
6.2%
Report Coverage
Colombia
Colombia nitrogen market, 2018-2030 (US$M)
Related Markets
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 2022 | USD 171.2 million |
| Market revenue in 2030 | USD 276.0 million |
| Growth rate | 6.2% (CAGR from 2022 to 2030) |
| Largest segment | Food & beverages |
| Fastest growing segment | Food & Beverages |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Food & Beverages, Chemicals, Pharmaceuticals, Electronics |
| Key market players worldwide | Air 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
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 |
|---|
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.
- Colombia 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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Target buyers of Colombia nitrogen market databook
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Our clientele includes a mix of nitrogen market companies, investment firms, advisory firms & academic institutions.
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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.
Partial client list
Colombia nitrogen market size, by application, 2018-2030 (US$M)
Colombia Nitrogen Market Outlook Share, 2022 & 2030 (US$M)
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