The North America Nitrous Oxide Market would witness market growth of 7.3% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 1,163.32 Hundred Tonnes, showcasing a growth of 4.8% (2019-2022).
Nitrous oxide, a colourless and odourless gas, has found itself at the intersection of diverse industries, from healthcare to culinary arts and electronics manufacturing. Widely known as "laughing gas" due to its euphoric effects, it has transcended its historical role in anaesthesia to become a versatile compound with applications ranging from medical procedures to creating culinary delights and producing semiconductors. It has firmly established itself as a cornerstone in the healthcare sector, particularly in surgery and dentistry.
Nitrous oxide's role extends to the automotive industry, where it serves as a performance-enhancing additive. Injected into the engine, it provides a temporary boost in power, making it a sought-after component in racing and high-performance vehicles. The electronics industry has harnessed the unique properties of this in semiconductor manufacturing. As a specialty gas in Chemical Vapor Deposition (CVD) processes, it forms thin films essential for producing electronic components. Its presence in agriculture raises environmental considerations.
The food and beverage industry in North America has seen a surge in molecular gastronomy trends, where chefs explore scientific principles and innovative techniques to create novel culinary experiences. The demand for unique and creative dishes continues to rise in North America, driven by consumers' increasing interest in diverse and experiential dining. As per the data from the U.S. Department of Agriculture, food and beverage manufacturing plants accounted for 16.8 percent of sales in 2021. Therefore, the growing food and beverage sector in the North America region will help expand the regional market.
The US market dominated the North America Nitrous Oxide Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $374.9 million by 2030. The Canada market is experiencing a CAGR of 9.7% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 8.8% during (2023 - 2030).
Based on Application, the market is segmented into Medical, Automotive, Electronics, Food Beverages, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Nitrous Oxide Market is Predict to reach USD 2 Billion by 2030, at a CAGR of 7.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Linde PLC, Chart Industries, Inc., Nippon Sanso Holdings Co., Ltd. (Mitsubishi Chemical Holdings), SOL Group, Merck KGaA, Air Liquide S.A., Ellenbarrie Industrial Gases Limited, Air Products and Chemicals, Inc., Promas Engineers Pvt. Ltd., and SS GASLAB ASIA PVT. LTD.
Scope of the Study
Market Segments Covered in the Report:
By Application (Volume, Hundred Tonnes, USD Billion, 2019-2030)
- Medical
- Automotive
- Electronics
- Food Beverages
- Others
By Country (Volume, Hundred Tonnes, USD Billion, 2019-2030)
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Linde PLC
- Chart Industries, Inc.
- Nippon Sanso Holdings Co., Ltd. (Mitsubishi Chemical Holdings)
- SOL Group
- Merck KGaA
- Air Liquide S.A.
- Ellenbarrie Industrial Gases Limited
- Air Products and Chemicals, Inc.
- Promas Engineers Pvt. Ltd.
- SS GASLAB ASIA PVT. LTD.
Chapter 1. Market Scope Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Nitrous Oxide Market, by Application
1.4.2 North America Nitrous Oxide Market, by Country
1.5 Methodology for the research
Chapter 2. Market At a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis
Chapter 4. North America Nitrous Oxide Market, By Application
4.1 North America Medical Market, By Country
4.2 North America Automotive Market, By Country
4.3 North America Electronics Market, By Country
4.4 North America Food Beverages Market, By Country
4.5 North America Others Market, By Country
Chapter 5. North America Nitrous Oxide Market, By Country
5.1 US Nitrous Oxide Market
5.1.1 US Nitrous Oxide Market, By Application
5.2 Canada Nitrous Oxide Market
5.2.1 Canada Nitrous Oxide Market, By Application
5.3 Mexico Nitrous Oxide Market
5.3.1 Mexico Nitrous Oxide Market, By Application
5.4 Rest of North America Nitrous Oxide Market
5.4.1 Rest of North America Nitrous Oxide Market, By Application
Chapter 6. Company Profiles
6.1 Linde PLC
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental Analysis
6.1.4 Research Development Expenses
6.1.5 Recent strategies and developments:
6.1.5.1 Partnerships, Collaborations, and Agreements:
6.1.6 SWOT Analysis
6.2 Chart Industries, Inc.
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.2.4 Research Development Expenses
6.2.5 SWOT Analysis
6.3 Nippon Sanso Holdings Co., Ltd. (Mitsubishi Chemical Holdings)
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.3.4 Research Development Expenses
6.3.5 SWOT Analysis
6.4 SOL Group
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Regional Analysis
6.4.4 SWOT Analysis
6.5 Merck KGaA
6.5.1 Company Overview
6.5.2 Financial Analysis
6.5.3 Segmental and Regional Analysis
6.5.4 Research Development Expense
6.5.5 SWOT Analysis
6.6 Air Liquide S.A.
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Segmental and Regional Analysis
6.6.4 SWOT Analysis
6.7 Ellenbarrie Industrial Gases Limited
6.7.1 Company Overview
6.7.2 SWOT Analysis
6.8 Air Products and Chemicals, Inc.
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Regional Analysis
6.8.4 Research Development Expenses
6.8.5 Recent strategies and developments:
6.8.5.1 Acquisition and Mergers:
6.8.6 SWOT Analysis
6.9 Promas Engineers Pvt. Ltd.
6.9.1 Company Overview
6.9.2 SWOT Analysis
6.10. SS GASLAB ASIA PVT. LTD.
6.10.1 Company Overview
6.10.2 SWOT Analysis
TABLE 1 North America Nitrous Oxide Market, 2019 - 2022, USD Million
TABLE 2 North America Nitrous Oxide Market, 2023 - 2030, USD Million
TABLE 3 North America Nitrous Oxide Market, 2019 - 2022, Hundred Tonnes
TABLE 4 North America Nitrous Oxide Market, 2023 - 2030, Hundred Tonnes
TABLE 5 North America Nitrous Oxide Market, By Application, 2019 - 2022, USD Million
TABLE 6 North America Nitrous Oxide Market, By Application, 2023 - 2030, USD Million
TABLE 7 North America Nitrous Oxide Market, By Application, 2019 - 2022, Hundred Tonnes
TABLE 8 North America Nitrous Oxide Market, By Application, 2023 - 2030, Hundred Tonnes
TABLE 9 North America Medical Market, By Country, 2019 - 2022, USD Million
TABLE 10 North America Medical Market, By Country, 2023 - 2030, USD Million
TABLE 11 North America Medical Market, By Country, 2019 - 2022, Hundred Tonnes
TABLE 12 North America Medical Market, By Country, 2023 - 2030, Hundred Tonnes
TABLE 13 North America Automotive Market, By Country, 2019 - 2022, USD Million
TABLE 14 North America Automotive Market, By Country, 2023 - 2030, USD Million
TABLE 15 North America Automotive Market, By Country, 2019 - 2022, Hundred Tonnes
TABLE 16 North America Automotive Market, By Country, 2023 - 2030, Hundred Tonnes
TABLE 17 North America Electronics Market, By Country, 2019 - 2022, USD Million
TABLE 18 North America Electronics Market, By Country, 2023 - 2030, USD Million
TABLE 19 North America Electronics Market, By Country, 2019 - 2022, Hundred Tonnes
TABLE 20 North America Electronics Market, By Country, 2023 - 2030, Hundred Tonnes
TABLE 21 North America Food Beverages Market, By Country, 2019 - 2022, USD Million
TABLE 22 North America Food Beverages Market, By Country, 2023 - 2030, USD Million
TABLE 23 North America Food Beverages Market, By Country, 2019 - 2022, Hundred Tonnes
TABLE 24 North America Food Beverages Market, By Country, 2023 - 2030, Hundred Tonnes
TABLE 25 North America Others Market, By Country, 2019 - 2022, USD Million
TABLE 26 North America Others Market, By Country, 2023 - 2030, USD Million
TABLE 27 North America Others Market, By Country, 2019 - 2022, Hundred Tonnes
TABLE 28 North America Others Market, By Country, 2023 - 2030, Hundred Tonnes
TABLE 29 North America Nitrous Oxide Market, By Country, 2019 - 2022, USD Million
TABLE 30 North America Nitrous Oxide Market, By Country, 2023 - 2030, USD Million
TABLE 31 North America Nitrous Oxide Market, By Country, 2019 - 2022, Hundred Tonnes
TABLE 32 North America Nitrous Oxide Market, By Country, 2023 - 2030, Hundred Tonnes
TABLE 33 US Nitrous Oxide Market, 2019 - 2022, USD Million
TABLE 34 US Nitrous Oxide Market, 2023 - 2030, USD Million
TABLE 35 US Nitrous Oxide Market, 2019 - 2022, Hundred Tonnes
TABLE 36 US Nitrous Oxide Market, 2023 - 2030, Hundred Tonnes
TABLE 37 US Nitrous Oxide Market, By Application, 2019 - 2022, USD Million
TABLE 38 US Nitrous Oxide Market, By Application, 2023 - 2030, USD Million
TABLE 39 US Nitrous Oxide Market, By Application, 2019 - 2022, Hundred Tonnes
TABLE 40 US Nitrous Oxide Market, By Application, 2023 - 2030, Hundred Tonnes
TABLE 41 Canada Nitrous Oxide Market, 2019 - 2022, USD Million
TABLE 42 Canada Nitrous Oxide Market, 2023 - 2030, USD Million
TABLE 43 Canada Nitrous Oxide Market, 2019 - 2022, Hundred Tonnes
TABLE 44 Canada Nitrous Oxide Market, 2023 - 2030, Hundred Tonnes
TABLE 45 Canada Nitrous Oxide Market, By Application, 2019 - 2022, USD Million
TABLE 46 Canada Nitrous Oxide Market, By Application, 2023 - 2030, USD Million
TABLE 47 Canada Nitrous Oxide Market, By Application, 2019 - 2022, Hundred Tonnes
TABLE 48 Canada Nitrous Oxide Market, By Application, 2023 - 2030, Hundred Tonnes
TABLE 49 Mexico Nitrous Oxide Market, 2019 - 2022, USD Million
TABLE 50 Mexico Nitrous Oxide Market, 2023 - 2030, USD Million
TABLE 51 Mexico Nitrous Oxide Market, 2019 - 2022, Hundred Tonnes
TABLE 52 Mexico Nitrous Oxide Market, 2023 - 2030, Hundred Tonnes
TABLE 53 Mexico Nitrous Oxide Market, By Application, 2019 - 2022, USD Million
TABLE 54 Mexico Nitrous Oxide Market, By Application, 2023 - 2030, USD Million
TABLE 55 Mexico Nitrous Oxide Market, By Application, 2019 - 2022, Hundred Tonnes
TABLE 56 Mexico Nitrous Oxide Market, By Application, 2023 - 2030, Hundred Tonnes
TABLE 57 Rest of North America Nitrous Oxide Market, 2019 - 2022, USD Million
TABLE 58 Rest of North America Nitrous Oxide Market, 2023 - 2030, USD Million
TABLE 59 Rest of North America Nitrous Oxide Market, 2019 - 2022, Hundred Tonnes
TABLE 60 Rest of North America Nitrous Oxide Market, 2023 - 2030, Hundred Tonnes
TABLE 61 Rest of North America Nitrous Oxide Market, By Application, 2019 - 2022, USD Million
TABLE 62 Rest of North America Nitrous Oxide Market, By Application, 2023 - 2030, USD Million
TABLE 63 Rest of North America Nitrous Oxide Market, By Application, 2019 - 2022, Hundred Tonnes
TABLE 64 Rest of North America Nitrous Oxide Market, By Application, 2023 - 2030, Hundred Tonnes
TABLE 65 Key Information Linde PLC
TABLE 66 Key Information Chart Industries, Inc.
TABLE 67 Key Information Nippon Sanso Holdings Co., Ltd.
TABLE 68 Key Information SOL Group
TABLE 69 key Information Merck KGaA
TABLE 70 Key information Air Liquide S.A.
TABLE 71 Key Information Ellenbarrie Industrial Gases Limited
TABLE 72 Key Information Air Products and Chemicals, Inc.
TABLE 73 Key Information Promas Engineers Pvt. Ltd.
TABLE 74 Key Information SS GASLAB ASIA PVT. LTD.
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Nitrous Oxide Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Nitrous Oxide Market
FIG 4 Porter’s Five Forces Analysis - Nitrous Oxide Market
FIG 5 North America Nitrous Oxide Market, Share By Application, 2022
FIG 6 North America Nitrous Oxide Market, Share By Application, 2030
FIG 7 North America Nitrous Oxide Market, By Application, 2019 - 2030, USD Million
FIG 8 North America Nitrous Oxide Market, Share By Country, 2022
FIG 9 North America Nitrous Oxide Market, Share By Country, 2030
FIG 10 North America Nitrous Oxide Market, By Country, 2019 - 2030, USD Million
FIG 11 SWOT Analysis: Linde plc
FIG 12 SWOT Analysis: Chart Industries, Inc.
FIG 13 SWOT Analysis: Nippon Sanso Holdings Co., Ltd.
FIG 14 SWOT Analysis: SOL Group
FIG 15 Swot Analysis: Merck KGaA
FIG 16 SWOT Analysis: Air Liquide S.A.
FIG 17 SWOT Analysis: Ellenbarrie Industrial Gases Limited
FIG 18 SWOT Analysis: Air Products and Chemicals, Inc.
FIG 19 SWOT Analysis: Promas Engineers Pvt. Ltd.
FIG 20 SWOT Analysis: SS GASLAB ASIA PVT. LTD.