Nitrogen Procurement Intelligence anticipated to grow at a CAGR of 9.9% from 2024 to 2030
Nitrogen Procurement Intelligence The nitrogen category is anticipated to witness growth at a CAGR of 9.9% from 2024 to 2030. Asia Pacific dominates the global category, followed by North America and Europe. In the upcoming years, North America's share in the global market is anticipated to rise steadily, holding a substantial position in the industry. The region showcases a significant presence in food & beverage, pharmaceutical, oil & gas, and manufacturing sectors which yields high demand for the products offered in the category, for applications in inerting, purging, and blanketing. The United States and Canada are some of the key countries generating demand due to their developed industrial infrastructure and cutting-edge technological innovations. In addition, countries such as the Netherlands, the United Kingdom, France, and Germany are the top markets in Europe. Future growth of the category is expected to be aided by the expanding populati...