April 24, 2024

Nitrous Oxide Market Size to Rise USD 3.19 Bn By 2033

The global nitrous oxide market size was estimated to be around US$ 1.47 billion in 2023 and is projected to reach US$ 3.19 billion by 2033, indicating a CAGR of 8.05% from 2024 to 2033.

Nitrous Oxide Market Size 2024 to 2033

Key Points

  • Asia Pacific dominated the market with the largest share of 37% in 2023.
  • North America is expected to witness the fastest CAGR of 5.49% during the forecast period.
  • By application, the medical segment has contributed more than 88% market share in 2023.
  • By application, the automotive segment is expected to grow at a notable CAGR of 7.39% from 2023 to 2032.

The market research report on the nitrous oxide market provides a comprehensive analysis of various key aspects. It includes the definition, classification, and application of nitrous oxide products. The report examines the development trends, competitive landscape, and industrial chain structure within the industry. Furthermore, it presents an overview of the industry, analyzes national policies and planning, and offers insights into the latest market dynamics and opportunities at a global level.

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The report presents the volume and value-based market size for the base year 2023 and forecasts the market’s growth between 2023 and 2032. It estimates market numbers based on product form and application, providing size and forecast for each application segment in both global and regional markets.

Focusing on the global nitrous oxide market, the report highlights its status, future forecasts, growth opportunities, key market players, and key market regions such as the United States, Europe, and China. The study aims to present the development of the nitrous oxide market by considering factors like Year-on-Year (Y-o-Y) growth, in addition to Compound Annual Growth Rate (CAGR). This approach enables a better understanding of market certainty and the identification of lucrative opportunities.

Regarding production, the report investigates the capacity, production, value, ex-factory price, growth rate, and market share of major manufacturers, regions, and product types. On the consumption side, the report focuses on the regional consumption of nitrous oxide products across different countries and applications.

Buyers of the report gain access to verified market figures, including global market size in terms of revenue and volume. The report provides reliable estimations and calculations for global revenue and volume by product type from 2024 to 2033. It also includes accurate figures for production capacity and production by region during the same period.

The research includes product parameters, production processes, cost structures, and data classified by region, technology, and application. Furthermore, it conducts SWOT analysis and investment feasibility studies for new projects.

This in-depth research report offers valuable insights into the nitrous oxide market. It employs an objective and fair approach to analyze industry trends, supporting customer competition analysis, development planning, and investment decision-making. The project received support and assistance from technicians and marketing personnel across various links in the industry chain.

The competitive landscape section of the report provides detailed information on xx market competitors. It includes company overviews, financials, revenue generation, market potential, research and development investments, new market initiatives, global presence, production sites, production capacities, strengths and weaknesses, product launches, product range, and application dominance. However, the data points provided only focus on the companies’ activities related to the nitrous oxide market.

Prominent players in the market are expected to face tough competition from new entrants. Key players are targeting acquisitions of startup companies to maintain their dominance.

Read Also: Isobutene Market Size to Attain USD 46.21 Billion By 2033

Reasons to Purchase this Report:

  • Comprehensive market segmentation analysis incorporating qualitative and quantitative research, considering the impact of economic and policy factors.
  • In-depth regional and country-level analysis, examining the demand and supply dynamics that influence market growth.
  • Market size in USD million and volume in million units provided for each segment and sub-segment.
  • Detailed competitive landscape, including market share of major players, recent projects, and strategies implemented over the past five years.
  • Comprehensive company profiles encompassing product offerings, key financial information, recent developments, SWOT analysis, and employed strategies by major market players.

Nitrous Oxide Market Companies

  • Praxair Technology, Inc.
  • Chart Industries, Inc.
  •  Linde plc
  •  MATHESON TRI-GAS, INC.
  •  SOL GROUP
  •  Merck KGaA
  •  Air Liquide
  •  Airgas, Inc.
  •  Ellenbarrie Industrial Gases

Segments Covered in the Report

By Application

  • Automotive
  • Medical
  • Electronics
  • Food & Beverages
  • Others

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Nitrous Oxide Market 

5.1. COVID-19 Landscape: Nitrous Oxide Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Nitrous Oxide Market, By Application

8.1. Nitrous Oxide Market Revenue and Volume, by Application, 2024-2033

8.1.1. Automotive

8.1.1.1. Market Revenue and Volume Forecast (2021-2033)

8.1.2. Medical

8.1.2.1. Market Revenue and Volume Forecast (2021-2033)

8.1.3. Electronics

8.1.3.1. Market Revenue and Volume Forecast (2021-2033)

8.1.4. Food & Beverages

8.1.4.1. Market Revenue and Volume Forecast (2021-2033)

8.1.5. Others

8.1.5.1. Market Revenue and Volume Forecast (2021-2033)

Chapter 9. Global Nitrous Oxide Market, Regional Estimates and Trend Forecast

9.1. North America

9.1.1. Market Revenue and Volume Forecast, by Application (2021-2033)

9.1.2. U.S.

9.1.2.1. Market Revenue and Volume Forecast, by Application (2021-2033)

9.1.3. Rest of North America

9.1.3.1. Market Revenue and Volume Forecast, by Application (2021-2033)

9.2. Europe

9.2.1. Market Revenue and Volume Forecast, by Application (2021-2033)

9.2.2. UK

9.2.2.1. Market Revenue and Volume Forecast, by Application (2021-2033)

9.2.3. Germany

9.2.3.1. Market Revenue and Volume Forecast, by Application (2021-2033)

9.2.4. France

9.2.4.1. Market Revenue and Volume Forecast, by Application (2021-2033)

9.2.5. Rest of Europe

9.2.5.1. Market Revenue and Volume Forecast, by Application (2021-2033)

9.3. APAC

9.3.1. Market Revenue and Volume Forecast, by Application (2021-2033)

9.3.2. India

9.3.2.1. Market Revenue and Volume Forecast, by Application (2021-2033)

9.3.3. China

9.3.3.1. Market Revenue and Volume Forecast, by Application (2021-2033)

9.3.4. Japan

9.3.4.1. Market Revenue and Volume Forecast, by Application (2021-2033)

9.3.5. Rest of APAC

9.3.5.1. Market Revenue and Volume Forecast, by Application (2021-2033)

9.4. MEA

9.4.1. Market Revenue and Volume Forecast, by Application (2021-2033)

9.4.2. GCC

9.4.2.1. Market Revenue and Volume Forecast, by Application (2021-2033)

9.4.3. North Africa

9.4.3.1. Market Revenue and Volume Forecast, by Application (2021-2033)

9.4.4. South Africa

9.4.4.1. Market Revenue and Volume Forecast, by Application (2021-2033)

9.4.5. Rest of MEA

9.4.5.1. Market Revenue and Volume Forecast, by Application (2021-2033)

9.5. Latin America

9.5.1. Market Revenue and Volume Forecast, by Application (2021-2033)

9.5.2. Brazil

9.5.2.1. Market Revenue and Volume Forecast, by Application (2021-2033)

9.5.3. Rest of LATAM

9.5.3.1. Market Revenue and Volume Forecast, by Application (2021-2033)

Chapter 10. Company Profiles

10.1. Praxair Technology, Inc.

10.1.1. Company Overview

10.1.2. Product Offerings

10.1.3. Financial Performance

10.1.4. Recent Initiatives

10.2. Chart Industries, Inc.

10.2.1. Company Overview

10.2.2. Product Offerings

10.2.3. Financial Performance

10.2.4. Recent Initiatives

10.3. Linde plc

10.3.1. Company Overview

10.3.2. Product Offerings

10.3.3. Financial Performance

10.3.4. Recent Initiatives

10.4. MATHESON TRI-GAS, INC.

10.4.1. Company Overview

10.4.2. Product Offerings

10.4.3. Financial Performance

10.4.4. Recent Initiatives

10.5. SOL GROUP

10.5.1. Company Overview

10.5.2. Product Offerings

10.5.3. Financial Performance

10.5.4. Recent Initiatives

10.6. Merck KGaA

10.6.1. Company Overview

10.6.2. Product Offerings

10.6.3. Financial Performance

10.6.4. Recent Initiatives

10.7. Air Liquide

10.7.1. Company Overview

10.7.2. Product Offerings

10.7.3. Financial Performance

10.7.4. Recent Initiatives

10.8. Ellenbarrie Industrial Gases

10.8.1. Company Overview

10.8.2. Product Offerings

10.8.3. Financial Performance

10.8.4. Recent Initiatives

Chapter 11. Research Methodology

11.1. Primary Research

11.2. Secondary Research

11.3. Assumptions

Chapter 12. Appendix

12.1. About Us

12.2. Glossary of Terms

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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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