Nitrous Oxide Market

Global Nitrous Oxide Market, By Product (Food Grade, Industry Grade, and Medical Grade), By Application (Electronics, Medical, Food and beverages, and Automotive), By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Trends, Analysis and Forecast till 2029)

PMI34819 | Bulk Chemicals

Feb 2019 | 160 | PDF

Nitrous oxide is also referred as laughing gas which is a colorless non-flammable gas. It is a chemical compound an oxide of nitrogen with the formula N2O. Nitrous oxide has medical use in surgery, dentistry, and also used as pain reducing agent. It is also used in rocket motors, aerosol propellants, recreational purposes, and medicine. Nitrous oxide is nontoxic and stable in room temperature as well as it is safer to store and carry.

Increasing use of nitrous oxide gas in clinics, hospitals, and dental clinics for procedures which in turn creating demand nitrous oxide gas is a major factor driving growth of the global nitrous oxide market. In addition, nitrous oxide has end-use applications in non-medical such as rockets, aircraft engines, interceptor, bomber planes, and reconnaissance aircraft are factors propelling growth of the target market. Furthermore, growing use of nitrous oxide for food and beverages sector are factors expected to fuel growth of the global nitrous oxide market over the forecast period. However, a stringent government regulation for use and transportation of nitrous oxide is key factor restraining growth of the global nitrous oxide market.

 Global nitrous oxide market has been segmented into product, applications, and region.

On the basis of product, the target market is segmented into food grade, industry grade, and medical grade. On the basis of application, the global nitrous oxide market is categorized into electronics, medical, food and beverages, and automotive. On the basis of region, the global nitrous oxide market has been segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. The market in North America is expected to account for major revenue share as compared to that of other regions. This can be attributed to increasing use of nitrous oxide in medical and non-medical purpose in the countries of the region. The market in Europe is expected to account for second-highest revenue share in the global market, owing to increasing prevalence of chronic disease in the countries of the region. Asia Pacific expected to witness lucrative growth in terms of revenue over the forecast period.

Key players operating the global nitrous oxide market includes Praxair Technology, Inc., Oxygen & Argon Works Ltd, Linde Group, Matheson Tri-Gas, Inc., SOL S.p.A., MERCK Kommanditgesellschaft auf Aktien, Air Liquide International S.A., Airgas, Inc., Ellenbarrie Industrial Gases Ltd., Promas Engineers Pvt. Ltd., S S Gas Lab Asia Pvt Ltd, KVK Corporation, and Carbide Chemical Limited.

Overview:

Nitrous oxide is a chemical compound which can be referred as laughing gas. It is non inflammable gas at room temperature, water soluble, and found in stratospheric ozone. Nitrous oxide has medical uses especially in surgery and dentistry, for its anesthetic and pain reducing effects. Nitrous oxide used in labor. In year 2012, according to data published by National Center for Biotechnology Information, mix of 50% nitrous and 50% oxygen are used for pain control during labor and delivery. Further, nitrous oxide  is also used as an oxidizer in a rocket motor. In vehicle, nitrous oxide allows the engine to burn more fuel by providing more oxygen than air alone. Hence it is mixed with another fuel that is easier to deflagrate.

Market Dynamics:

Increasing end-use applications of nitrous oxide gas in clinics, hospitals and dental clinics for various procedures which in turn increases demand for nitrous gas is factor driving the growth of global nitrous oxide market. In addition, growing use of nitrous oxide in rockets, aircraft engines, interceptor, bomber planes, and reconnaissance aircraft is factor fuelling growth of the nitrous oxide market. Furthermore, rising aging population in developed countries, coupled with increasing patients with chronic diseases are factors expected to support growth of the global nitrous oxide market over the forecast period. Moreover, nitrous oxide have bacteriostatic properties, coupled with lack of influence on food flavor make it a useful agent in the food industry are factors expected to promote growth of the target market in the near future. However, a strict government regulation for use and transportation of nitrous oxide is factor hampering growth of the global nitrous oxide market.

Regional Analysis:

For detailed understanding of market dynamics, the global nitrous oxide market is analyzed across key regions viz North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Each of these regions is analyzed on the basis of market findings across major countries in these regions for a macro-level understanding of the global market. North America nitrous oxide market accounts for major share in terms of revenue and is expected to witness high growth over the forecast period, in 2018. Presence of key manufacturers and strong supply chain are factors expected to support growth of the North America market. Further, In the U.S., Food and Drug Administration and Drug Evaluation and Research regulate use of nitrous oxide in food and beverages as well as medical gases. This factor may support growth of the nitrous oxide market. Europe market is expected to account for second highest revenue share in the global market, followed by Asia Pacific. This is owing to increasing adoption of nitrous oxide in end-use application such as clinics, hospitals and dental clinics for procedures in countries of the region.

Competitive Analysis:

Some of the prominent players operating in the global nitrous oxide market include Praxair Technology, Inc., Oxygen & Argon Works Ltd, Linde Group, Matheson Tri-Gas, Inc., SOL S.p.A., MERCK Kommanditgesellschaft auf Aktien, Air Liquide International S.A., Airgas, Inc., Ellenbarrie Industrial Gases Ltd., Promas Engineers Pvt. Ltd., S S Gas Lab Asia Pvt Ltd, KVK Corporation, and Carbide Chemical Limited. The market players operating in the target market are focusing on new product launches in order to get competitive edge in the target market.

Market Taxonomy:

This report segments the global nitrous oxide market on the basis of product, application, and region. On the basis of product, the target market is segmented into food grade, industry grade, and medical grade. On the basis of application, the global nitrous oxide market is categorized into electronics, medical, food and beverages, and automotive.

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Key features of the study:

Prophecy Market Insights provides detailed analysis on nitrous oxide market in our report- Global Nitrous Oxide Market by product type, by application, and region. The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2019 – 2029, considering 2018 as the actual year. The report also contains in-depth analysis about market drivers, restraints, opportunities, new product launches, product approval, ongoing trends, customers demand, and regional outlook. The report delivers competitive analysis about leading players in the global nitrous oxide market based on various parameters such as company overview, product portfolio, regional presence, financial performance, distribution strategies, key developments, marketing strategies, and future plans. The analysis from the report would acquaint the marketers and management authorities of companies to make the appropriate decision with respect to their future product launch, ongoing trends, market expansion, and marketing tactics used overall the globe. Various strategy matrices includes in the report are PEST analysis, PORTER’s five forces analysis, and opportunity map analysis to analyze the nitrous oxide market.

Detailed Segmentation:

Global Nitrous Oxide Market, By Product Type:

      • Food grade
      • Industry grade
      • Medical grade

Global Nitrous Oxide Market, By Application:

      • Electronics
      • Medical
      • Food and beverages
      • Automotive

Global Nitrous Oxide Market, By Region:

      • North America
        • North America Nitrous Oxide, By Product Type
        • North America Nitrous Oxide, By Application
        • North America Nitrous Oxide, By Country
          • U.S.
          • Canada
      • Europe
        • Europe Nitrous Oxide, By Product Type
        • Europe Nitrous Oxide, By Application
        • Europe Nitrous Oxide, By Country
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Switzerland
          • Sweden
          • Rest of Europe
      • Asia-Pacific
        • Asia-Pacific Nitrous Oxide, By Product Type
        • Asia-Pacific Nitrous Oxide, By Application
        • Asia-Pacific Nitrous Oxide, By Country
          • China
          • India
          • Australia and New Zealand
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
        • Latin America Nitrous Oxide, By Product Type
        • Latin America Nitrous Oxide, By Application
        • Latin America Nitrous Oxide, By Country
          • Brazil
          • Mexico
          • Argentina and Chile
          • Rest of Latin America
      • Middle East
        • Middle East Nitrous Oxide, By Product Type
        • Middle East Nitrous Oxide, By Application
        • Middle East Nitrous Oxide, By Country
          • GCC
          • Israel
          • Rest of Middle East
      • Africa
        • Africa Nitrous Oxide, By Product Type
        • Africa Nitrous Oxide, By Application
        • Africa Nitrous Oxide, By Country
          • North Africa
          • Central Africa
          • South Africa

Company Profile:

      • Praxair Technology, Inc.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Performance
        • Business Strategies Overview
      • Oxygen & Argon Works Ltd
      • Linde Group
      • Matheson Tri-Gas, Inc.
      • SOL S.p.A.
      • MERCK Kommanditgesellschaft auf Aktien
      • Air Liquide International S.A.
      • Airgas, Inc.
      • Ellenbarrie Industrial Gases Ltd.
      • Promas Engineers Pvt. Ltd.
      • S S Gas Lab Asia Pvt Ltd
      • KVK Corporation
      • Carbide Chemical Limited

“*” marked represents similar segmentation in other categories in the respective section

Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Opportunity Map Analysis
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Market Trends
    • Product Launch
    • Recent Approvals
    • Impact Analysis
    • PEST Analysis
    • Porter’s Analysis
  4. Global Nitrous Oxide Market, By Product Type, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Segment Trends
    • Food Grade
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Industry Grade
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Medical Grade
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
  5. Global Nitrous Oxide Market, By Application, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Segment Trends
    • Electronics
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Medical
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Food and beverages
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Automotive
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
  6. Global Nitrous Oxide Market, By Region, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Switzerland
        • Sweden
        • Rest of Europe           
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • China
        • India
        • Australia & New Zealand
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • Brazil
        • Mexico
        • Argentina and Chile
        • Rest of Latin America
    • Middle East
      • Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • South Africa
        • Central Africa
        • North Africa
  7. Competitive Landscape
    • Heat Map Analysis
    • Company Profiles
      • Praxair Technology, Inc.
        •  Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategy
      • Oxygen & Argon Works Ltd
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategy
      • Linde Group
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategy
      • Matheson Tri-Gas, Inc.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategy
      • SOL S.p.A.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategy
      • MERCK Kommanditgesellschaft auf Aktien
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategy
      • Air Liquide International S.A.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategy
      • Airgas, Inc.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategy
      • Ellenbarrie Industrial Gases Ltd.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategy
      • Promas Engineers Pvt. Ltd.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategy
      • S S Gas Lab Asia Pvt Ltd
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategy
      • KVK Corporation
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategy
      • Carbide Chemical Limited
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategy
    • Analyst Views
  8. Section
    • Research Methodology
    • About Us
    • Contact

 

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