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Global Nitrogen Purge Systems Market Report 2020-2027 with COVID-19 Impact on Procurement & Production


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Global Nitrogen Purge Systems Market to Reach US$355.3 Million by the Year 2027
Amid the COVID-19 crisis, the global market for Nitrogen Purge Systems estimated at US$285.1 Million in the year 2020, is projected to reach a revised size of US$355.3 Million by 2027, growing at a CAGR of 3.2% over the analysis period 2020-2027.
Dilution Nitrogen Purging, one of the segments analyzed in the report, is projected to grow at a 3.1% CAGR to reach US$180 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Displacement Nitrogen Purging segment is readjusted to a revised 3.6% CAGR for the next 7-year period. This segment currently accounts for a 35.1% share of the global Nitrogen Purge Systems market. ....

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