1 / 3

nitrous oxide market is anticipated to register a CAGR of 7.1% By 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.

4769
Download Presentation

nitrous oxide market is anticipated to register a CAGR of 7.1% By 2025

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Nitrous Oxide Market Size & Forecast Report, 2014 - 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.” 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 arelikely 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. 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. Request Sample Copy @ https://www.millioninsights.com/industry-reports/nitrous-oxide- market/request-sample 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.

  2. 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. Browse Report Summary with TOC @ https://www.millioninsights.com/industry- reports/nitrous-oxide-market 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. Market Segment: Nitrous Oxide Application Outlook (Revenue, USD Million, 2014 - 2025) • Automotive • Medical • Electronics • Food & Beverages • Others Nitrous Oxide Regional Outlook (Revenue, USD Million, 2014 - 2025) • North America • U.S. • Canada • Mexico • Europe • Germany • U.K. • France • Asia Pacific • China • India • Japan • Central & South America • Brazil • Middle East & Africa Find More Category Reports @ https://www.millioninsights.com/industry/chemicals

  3. Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com Global Headquarters Million Insights Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com Asia Pacific Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Phone: 91-20-65300184

More Related