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Despite of numerous efforts to regain the industrial activities, North America region faced astonishing downfall in the industrial sector during Q1 2021. Metal fabrication sector remained on low pace, due to tumbling demand from downstream sector like automobiles and constructions in various parts of North America region.
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Bulk Nitrogen Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ Market Overview Quarterly Update on Global Bulk Nitrogen Market For the Quarter Ending March 2021 Asia During Q1 2021, Asia region sustained its fair recovery in industrial activities with respect to the prior quarter. Improved production and increased availability halted the price acceleration of Bulk Nitrogen and it thus experienced a price downfall across the region. The demand from metal fabrications remained low in several APAC countries, which led to fall in demand for Nitrogen in metal fabrication sector. Get more info: https://www.chemanalyst.com/Pricing-data/bulk-nitrogen- 1097 FOLLOW US:
Bulk Nitrogen Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ Similarly, in India, the automotive sector was bearing losses during Q1 2021, although it showed marginal improvement during January. Due to rapid rise in COVID 19 cases and partial lockdowns implements in various states of India, the demand for bulk Nitrogen failed to sustain its pace. Likewise, in Chinese market, metal fabrication sector and automotive sector remained low and hence the ample availability reduced the prices of Bulk Nitrogen. North America Despite of numerous efforts to regain the industrial activities, North America region faced astonishing downfall in the industrial sector during Q1 2021. Metal fabrication sector remained on low pace, due to tumbling demand from downstream sector like automobiles and constructions in various parts of North America region. Texas winter storm also halted the various plant activities across the region which reduced the demand for carrier gases and Nitrogen from agrochemical sector. Europe During Q1 2021, sales from metal manufacturing and agrochemicals sectors remained stable with respect to Q4 2020. Although, vaccination drives across the region enhanced the market sentiments, but it was not enough to lay a significant impact upon the market dynamics. However, shortage of shipping containers during Q1 and Suez Canal blockage during March ending, increased the prices of Nitrogen and its derivative products. FOLLOW US:
Bulk Nitrogen Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ Methodology ChemAnalyst gathers information through primary research surveys conducted with various Bulk Nitrogen manufacturers, spread across the domestic and international market, suppliers and dealers/distributors to gain insights into value-chains and demand-supply scenario to assess the market situation. Thorough study of company’s annual reports and secondary sources such as exhaustive search on credible paid databases, including our internal database is done to verify the information. All the collected information is analysed, evaluated and presented in chronological order to depict a meaningful and clear picture of the concerned market. Our dedicated team of industry experts comprehensively monitors and analyses various aspects of the Global Bulk Nitrogen market. The team analyses various industrial segments, strategic viewpoints and provides an analysis of the industry’s performance in the long run. This would enable our clients in efficiently plan their future investments, mitigate risk, understand the cost dynamics and strike out a balance amidst market volatility. Critical examination of the impact of COVID-19 pandemic on the global supply chains and shift in demand patterns with change in buying behaviour of consumers across the globe. Several ongoing development projects across industries are tracked, followed by the details of major projects in the development stage, which can positively or negatively influence Global Bulk Nitrogen market. Pricing is captured through exhaustive primary interviews with domestic and international manufacturers, traders and importers and customers on monthly and yearly basis. Finally, region-specific markets for Bulk Nitrogen are analysed and region- wise demand pattern is tracked. FOLLOW US:
Bulk Nitrogen Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ About Nitrogen gas is a colourless, odourless gas with the chemical formula N2. It is found in abundance in atmosphere, covering around 78% of the total air volume. There are countless applications of Nitrogen, but the major industrial demand comes from the metal manufacturing, chemicals, food & beverages, and agrochemicals sectors. Major industrial applications of Nitrogen include nitrogen gas blanketing, nitrogen purging, nitrogen injection and others. Besides, liquid Nitrogen is also used for the purpose of refrigeration in food & beverage industry. Owing to its inert nature, liquid Nitrogen is utilized as a refrigerant to produce ice-creams. In pharmaceutical industry liquid Nitrogen is used to maintain reaction temperature, for refrigeration and as an inert to protect medicines from oxidation. Cryogenic fractional distillation process is used to produce Nitrogen by liquification of air at a very low temperature i.e., - 195.79°C (-320°F). Product Specific Details CAS No.: 7727-37-9; HS Code: 28043000; Purity (%): 99.999, 99.998, 99.997, 99.996, 99.9997; Packaging Size: Tank/Cylinder; Incoterms: CFR, FOB, Ex-Works, Bulk Contracted, Spot Countries Covered: APAC – China, Japan, India, South Korea, Singapore Europe – Germany, France, Belgium America – USA, Brazil MEA – Saudi Arabia, UAE, South Africa FOLLOW US:
Bulk Nitrogen Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ How we can help ChemAnalyst addresses the key problematic areas and risks associated with chemical and petrochemical business globally and enables the decision-maker to make smart choices. It identifies and analyses factors such as geopolitical risks, environmental risks, raw material availability, supply chain functionality, disruption in technology and so on. It targets market volatility and ensures clients navigate through challenges and pitfalls in an efficient and agile manner. Timeliness and accuracy of data has been the core competency of ChemAnalyst, benefitting domestic as well as global industry in tuning in to the real-time data points to execute multi-billion-dollar projects globally. Related Report: Global Liquid Nitrogen Market - Plant Capacity, Production, Operating Efficiency, Demand & Supply, Technology, End-Use, Sales Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030 FOLLOW US:
Bulk Nitrogen Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ ChemAnalyst is ‘one stop’ online portal that offers comprehensive market intelligence data and in-depth analysis on the Global chemical and petrochemical industry. Our aim is to provide competitive advantage to the industry stakeholders by offering ‘cutting edge’ information and analysis that help our customers leverage on the emerging opportunities in their businesses. ChemAnalyst’s team of 100+ analysts are engaged in tracking Chemical Prices daily, production capacity, manufacturing plant locations, foreign trade data and news/deals for more than 400 major chemicals produced in India. ChemAnalyst’s Interactive subscription platform provides the most comprehensive data and analysis in your industry to help you decode the future. demand and supply outlook, ChemAnalyst is promoted by TechSci Research (TSR). TSR is a research- based management consulting firm providing market research and advisory solutions to the customers worldwide, spanning a range of industries including Chemicals & Material, Automotive, Consumer & Retail, ICT, Energy & Power, Aerospace Management, BFSI and more. & Defense, Water and Waste CHEMANALYST B-44, Sector -57, Noida, NationalCapital Region, UP, India201301 Tel:+91-120-4523900 E: sales@chemanalyst.com FOLLOW US:
