| Product Code: ETC5524845 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Hong Kong liquid nitrogen import market continues to thrive, with significant growth observed in 2024. The top exporting countries such as Germany, China, USA, Czechia, and UK are key players contributing to this growth. The high Herfindahl-Hirschman Index (HHI) concentration indicates a competitive market landscape. The impressive Compound Annual Growth Rate (CAGR) of 24.43% from 2020 to 2024, coupled with the remarkable growth rate of 63.99% from 2023 to 2024, underscores the increasing demand for liquid nitrogen in Hong Kong. This trend suggests a promising outlook for the industry in the coming years.

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 Hong Kong Liquid Nitrogen Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Liquid Nitrogen Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Liquid Nitrogen Market - Industry Life Cycle |
3.4 Hong Kong Liquid Nitrogen Market - Porter's Five Forces |
3.5 Hong Kong Liquid Nitrogen Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
3.6 Hong Kong Liquid Nitrogen Market Revenues & Volume Share, By Storage, Distribution and Transportation, 2021 & 2031F |
3.7 Hong Kong Liquid Nitrogen Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.8 Hong Kong Liquid Nitrogen Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
4 Hong Kong Liquid Nitrogen Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for liquid nitrogen in healthcare applications such as cryotherapy and medical treatments |
4.2.2 Growth of food and beverage industry leading to higher usage of liquid nitrogen for food processing and preservation |
4.2.3 Rising adoption of liquid nitrogen in electronics manufacturing for cooling purposes |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices affecting the production cost of liquid nitrogen |
4.3.2 Stringent regulations regarding the handling and storage of liquid nitrogen impacting market growth |
4.3.3 Limited awareness and knowledge about the benefits and applications of liquid nitrogen among potential end-users |
5 Hong Kong Liquid Nitrogen Market Trends |
6 Hong Kong Liquid Nitrogen Market Segmentations |
6.1 Hong Kong Liquid Nitrogen Market, By End-Use Industry |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Liquid Nitrogen Market Revenues & Volume, By Chemicals & pharmaceuticals, 2021-2031F |
6.1.3 Hong Kong Liquid Nitrogen Market Revenues & Volume, By Food & beverage, 2021-2031F |
6.1.4 Hong Kong Liquid Nitrogen Market Revenues & Volume, By Healthcare, 2021-2031F |
6.1.5 Hong Kong Liquid Nitrogen Market Revenues & Volume, By Metal manufacturing & construction, 2021-2031F |
6.1.6 Hong Kong Liquid Nitrogen Market Revenues & Volume, By Rubber & Plastic, 2021-2031F |
6.1.7 Hong Kong Liquid Nitrogen Market Revenues & Volume, By Others, 2021-2031F |
6.2 Hong Kong Liquid Nitrogen Market, By Storage, Distribution and Transportation |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Liquid Nitrogen Market Revenues & Volume, By Cylinder & packaged distribution, 2021-2031F |
6.2.3 Hong Kong Liquid Nitrogen Market Revenues & Volume, By Merchant liquid distribution, 2021-2031F |
6.2.4 Hong Kong Liquid Nitrogen Market Revenues & Volume, By Tonnage distribution, 2021-2031F |
6.3 Hong Kong Liquid Nitrogen Market, By Function |
6.3.1 Overview and Analysis |
6.3.2 Hong Kong Liquid Nitrogen Market Revenues & Volume, By Coolant, 2021-2031F |
6.3.3 Hong Kong Liquid Nitrogen Market Revenues & Volume, By Refrigerant, 2021-2031F |
6.4 Hong Kong Liquid Nitrogen Market, By Manufacturing Process |
6.4.1 Overview and Analysis |
6.4.2 Hong Kong Liquid Nitrogen Market Revenues & Volume, By Cryogenic distillation, 2021-2031F |
6.4.3 Hong Kong Liquid Nitrogen Market Revenues & Volume, By Pressure swing adsorption, 2021-2031F |
7 Hong Kong Liquid Nitrogen Market Import-Export Trade Statistics |
7.1 Hong Kong Liquid Nitrogen Market Export to Major Countries |
7.2 Hong Kong Liquid Nitrogen Market Imports from Major Countries |
8 Hong Kong Liquid Nitrogen Market Key Performance Indicators |
8.1 Average selling price of liquid nitrogen in the Hong Kong market |
8.2 Number of new applications or industries adopting liquid nitrogen usage |
8.3 Percentage of market players investing in research and development for innovative liquid nitrogen products |
8.4 Rate of technological advancements in liquid nitrogen production and storage techniques |
8.5 Number of partnerships or collaborations between liquid nitrogen suppliers and end-user industries for market expansion |
9 Hong Kong Liquid Nitrogen Market - Opportunity Assessment |
9.1 Hong Kong Liquid Nitrogen Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
9.2 Hong Kong Liquid Nitrogen Market Opportunity Assessment, By Storage, Distribution and Transportation, 2021 & 2031F |
9.3 Hong Kong Liquid Nitrogen Market Opportunity Assessment, By Function, 2021 & 2031F |
9.4 Hong Kong Liquid Nitrogen Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
10 Hong Kong Liquid Nitrogen Market - Competitive Landscape |
10.1 Hong Kong Liquid Nitrogen Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Liquid Nitrogen Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |