Global Nitrous Oxide Market 2024-2028
Nitrous Oxide Market 2024-2028
The nitrous oxide market is forecasted to grow by USD 497.7 mn during 2023-2028, accelerating at a CAGR of 5.9% during the forecast period. The report on the nitrous oxide market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for oled, growing application of anesthetic and analgesic agents in the medical industry, and growing demand for nitrous oxide from packaging industry.
Technavio's nitrous oxide market is segmented as below:
By Type
- Food grade
- Industry grade
- Medical grade
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the rising demand for nitrous oxide in semiconductors as one of the prime reasons driving the nitrous oxide market growth during the next few years. Also, increasing demand for fertilizers and growing demand for nitrous oxide in scientific research applications will lead to sizable demand in the market.
The report on the nitrous oxide market covers the following areas:
- Nitrous Oxide Market sizing
- Nitrous Oxide Market forecast
- Nitrous Oxide Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading nitrous oxide market vendors that include Air Liquide, Air Products and Chemicals Inc., Asia Industrial Gases Pte. Ltd., Buzwair Industrial Gases Factories, Ellenbarrie Industrial Gases Ltd., Gulfcryo, KVK Corp., Linde Plc, Matheson TRI Gas Inc., Matrixian Group BV, Merck KGaA, Middlesex Gases and Technologies Inc., nexAir LLC, Praxair, Inc, and SS GasLab Asia Pvt. Ltd.. Also, the nitrous oxide market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.