| Product Code: ETC5524816 | Publication Date: Nov 2023 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Canada`s import trend for the liquid nitrogen market showed a growth rate of 3.37% from 2023 to 2024, with a compound annual growth rate (CAGR) of 11.9% from 2020 to 2024. This increase in imports can be attributed to a shift in demand towards specialized applications requiring liquid nitrogen, driving market stability and fostering trade relationships in the sector.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Canada Liquid Nitrogen Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Liquid Nitrogen Market Revenues & Volume, 2021 & 2031F |
3.3 Canada Liquid Nitrogen Market - Industry Life Cycle |
3.4 Canada Liquid Nitrogen Market - Porter's Five Forces |
3.5 Canada Liquid Nitrogen Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
3.6 Canada Liquid Nitrogen Market Revenues & Volume Share, By Storage, Distribution and Transportation, 2021 & 2031F |
3.7 Canada Liquid Nitrogen Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.8 Canada Liquid Nitrogen Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
4 Canada Liquid Nitrogen Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for liquid nitrogen in various industries such as healthcare, food and beverage, and electronics. |
4.2.2 Growth in the agriculture sector, leading to higher use of liquid nitrogen for crop freezing and storage. |
4.2.3 Technological advancements in cryogenic applications, boosting the adoption of liquid nitrogen for industrial processes. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of liquid nitrogen. |
4.3.2 Stringent regulations and safety concerns related to the handling and transportation of liquid nitrogen. |
4.3.3 Limited availability of skilled professionals for operating and maintaining liquid nitrogen equipment. |
5 Canada Liquid Nitrogen Market Trends |
6 Canada Liquid Nitrogen Market Segmentations |
6.1 Canada Liquid Nitrogen Market, By End-Use Industry |
6.1.1 Overview and Analysis |
6.1.2 Canada Liquid Nitrogen Market Revenues & Volume, By Chemicals & pharmaceuticals, 2021-2031F |
6.1.3 Canada Liquid Nitrogen Market Revenues & Volume, By Food & beverage, 2021-2031F |
6.1.4 Canada Liquid Nitrogen Market Revenues & Volume, By Healthcare, 2021-2031F |
6.1.5 Canada Liquid Nitrogen Market Revenues & Volume, By Metal manufacturing & construction, 2021-2031F |
6.1.6 Canada Liquid Nitrogen Market Revenues & Volume, By Rubber & Plastic, 2021-2031F |
6.1.7 Canada Liquid Nitrogen Market Revenues & Volume, By Others, 2021-2031F |
6.2 Canada Liquid Nitrogen Market, By Storage, Distribution and Transportation |
6.2.1 Overview and Analysis |
6.2.2 Canada Liquid Nitrogen Market Revenues & Volume, By Cylinder & packaged distribution, 2021-2031F |
6.2.3 Canada Liquid Nitrogen Market Revenues & Volume, By Merchant liquid distribution, 2021-2031F |
6.2.4 Canada Liquid Nitrogen Market Revenues & Volume, By Tonnage distribution, 2021-2031F |
6.3 Canada Liquid Nitrogen Market, By Function |
6.3.1 Overview and Analysis |
6.3.2 Canada Liquid Nitrogen Market Revenues & Volume, By Coolant, 2021-2031F |
6.3.3 Canada Liquid Nitrogen Market Revenues & Volume, By Refrigerant, 2021-2031F |
6.4 Canada Liquid Nitrogen Market, By Manufacturing Process |
6.4.1 Overview and Analysis |
6.4.2 Canada Liquid Nitrogen Market Revenues & Volume, By Cryogenic distillation, 2021-2031F |
6.4.3 Canada Liquid Nitrogen Market Revenues & Volume, By Pressure swing adsorption, 2021-2031F |
7 Canada Liquid Nitrogen Market Import-Export Trade Statistics |
7.1 Canada Liquid Nitrogen Market Export to Major Countries |
7.2 Canada Liquid Nitrogen Market Imports from Major Countries |
8 Canada Liquid Nitrogen Market Key Performance Indicators |
8.1 Average price of liquid nitrogen per unit. |
8.2 Number of new applications or industries adopting liquid nitrogen. |
8.3 Percentage increase in the use of liquid nitrogen in agriculture compared to the previous year. |
9 Canada Liquid Nitrogen Market - Opportunity Assessment |
9.1 Canada Liquid Nitrogen Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
9.2 Canada Liquid Nitrogen Market Opportunity Assessment, By Storage, Distribution and Transportation, 2021 & 2031F |
9.3 Canada Liquid Nitrogen Market Opportunity Assessment, By Function, 2021 & 2031F |
9.4 Canada Liquid Nitrogen Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
10 Canada Liquid Nitrogen Market - Competitive Landscape |
10.1 Canada Liquid Nitrogen Market Revenue Share, By Companies, 2024 |
10.2 Canada Liquid Nitrogen Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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