Nitrous Oxide Market Share, Segmentation, Outlook and Forecast Report By 2025

17th March 2020 – The global “Nitrous Oxide market” presents a widespread and elementary study of Nitrous Oxide business at the side of the analysis of subjective aspects which is able to give key business insights to the readers. World Nitrous Oxide Market analysis report offers the analytical read of the business by learning various factors like Nitrous Oxide market growth, consumption volume, market trends and Nitrous Oxide business price structures throughout the forecast amount from 2014 to 2025.

The global nitrous oxide market witnessed market value of USD 805.1 million in 2016 owing to rise in demand from several industries such as electronics, automotive, food & beverages and medical. Nitrous oxide is used as an efficiency enhancer and further injected to boost gas engines. In addition, nitrous oxide is also used in dental treatments for analgesic purpose. However, stringent government regulations coupled with strict norms by food & drug administration are likely to restrict the market growth in the near future. Overall, the nitrous oxide market is anticipated to register a CAGR of 7.1% in the near future.

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Main features of the report:

  • To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the global Nitrous Oxide Market.
  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • To provide country level analysis of the market for segment by application, product type and sub-segments.
  • To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
  • Track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global Nitrous Oxide Market.
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the industry.

Nitrous oxide is produced commercially by heating ammonium nitrate to a higher temperature. A channel with washers and scrubbers subsequently eliminate water vapor with high oxides of ammonia, nitrogen and nitric acid, and the other impurities. Nitrous oxide is normally stored below its acute temperature and exists in liquid and vapor phases. Unlike cylinders comprising pressurized gas, the cylinder pressure remains constant until all the liquid nitrous oxide vaporizes.

A minor change in pressure might occur during the emission of nitrous oxide and ice may form on the exterior of cylinders due to constant cooling upon nitrous oxide’s latent heat vaporization. A pipeline is enabled for supply of nitrous oxide and achieved via a large central repository of cylinders comprising reserve storage. In clinical application, nitrous oxide is used as general anesthesia, for obstetrics, and pain management. Therefore, on a commercial scale nitrous oxide has played a pivotal role in anesthesia. At present, no alternative exists for using nitrous oxide for clinical and medical applications.

Geographical segmentation for nitrous oxide industry spans North America, South America, Europe, Asia-Pacific and MiddleEast & Africa. Furthermore, rise in demand from Asia-Pacific’s market is expected to boost the global market scenario. Asia-Pacific’s market witnesses rise in geriatric population, due to existence of prolonged chronic disease in emerging economies such as India and China.

North American market is expected to lead the market share in the forecast period since it offers multiple growth opportunities and untapped potential in the global market. Middle Eastern and African market is likely to enjoy lucrative share in growth owing to presence of oil and manufacturing companies.

The key players in the nitrous oxide market include Praxair Technology, Inc.; Oxygen & Argon Works Ltd.; The Linde Group; Matheson Tri-Gas, Inc.; SOL Spa; Merck KGaA; Air Liquide; Airgas, Inc.; and Ellenbarrie Industrial Gases Ltd. are some of the key players engaged in extensive R&D and production of nitrous oxide. Moreover, Promas Engineers Pvt. Ltd., SS Gas Lab Asia, KVK Corporation.

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