Press release
2021 Nitrous Oxide Industry Global Analysis Report
Nitrous oxide is a colorless and non-flammable gas with a slightly sweet odor, which is widely used for various medical and non-medical applications. In the medical industry, it is widely used as an analgesic and anesthetic. Nitrous oxide itself is inflammable but is an excellent oxidizer that provides additional oxygen for the extra fuel to burn thereby producing more power.
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Based on the application, the medical segment is anticipated to expand at a rapid pace during the forecast period due to the rising use of nitrous oxide gas in hospitals and dental clinics for various procedures. By geography, Asia Pacific is going to have high growth during the forecast period which can be attributed to the increasing prevalence of chronic diseases among the people of this region.
Some of the key players profiled in the Nitrous Oxide Market include Air Liquide S.A., Merck KGaA, The Linde Group, Praxair, Inc., Oxygen and Argon Works Ltd., Airgas, Inc., Matheson Tri-Gas Inc, Promas Engineers Pvt. Ltd, Ellenbarrie Industrial Gases Ltd, SS Gas Lab Asia, KVK Corporation, and SOL S.p.A.
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Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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