Global Liquid Nitrogen Market 2017-2021 report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The analysts forecast global liquid nitrogen market to grow at a CAGR of 5.38% during the period 2017-2021. Liquid nitrogen is colorless, odorless, inert, non-corrosive, and non-flammable.
The latest trend gaining momentum in the liquid nitrogen market is Liquid nitrogen as a potential source of primary power. Liquid nitrogen is used as a coolant, but it has potential to be used as a source of primary power.
The initiative was taken up by an innovative UK consortium. The initiative was to build a hybrid bus with a conventional diesel engine that would run on liquid nitrogen.
HORIBA MIRA and Dearman partnered for this venture, with Dearman providing a zero-emission Dearman engine. The trial was a success. The major drive behind this was to address urban air pollution challenges and showcase efficiency.
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