The global Nitrous Oxide market size is estimated to be $1.65 billion in 2023, and Market IntelliX analysts predict it will reach $2.5 billion by 2031, growing at a CAGR of 5.3% during the forecast period from 2023 to 2031.

This report studies the Nitrous Oxide market, covering market size for segment by type (Nitrous Oxide Gas, Nitrous Oxide Liquid, etc.), by application (Medical, Automotive, etc.), by sales channel (Direct Channel, Distribution Channel), by player (Praxair Technology, Linde, Air Liquide, Taiyo Nippon Sanso, Sumitomo Seika, etc.) and by region (North America, Europe, Asia-Pacific, South America and Middle East & Africa).

This report provides detailed historical analysis of global market for Nitrous Oxide from 2018-2023, and provides extensive market forecasts from 2024-2031 by region/country and subsectors. It covers the sales/revenue/value, gross margin, historical growth and future perspectives in the Nitrous Oxide market.

Leading Players of Nitrous Oxide including:

Praxair Technology

Linde

Air Liquide

Taiyo Nippon Sanso

Sumitomo Seika

MATHESON TRI-GAS

Messer

Mitsubishi Chemical

Merck KGaA

Southern Gas Limited

Jiangsu Huazhong Gas

Carbide and Chemicals

Chengdu Taiyu Industrial Gases

Steelman Gases

Ellenbarrie Industrial Gases

Chongqing Tonghui Gas

Market split by Type:

Nitrous Oxide Gas

Nitrous Oxide Liquid

Market split by Application:

Medical

Automotive

Electronics

Food & Beverages

Others

Market split by Sales Channel:

Direct Channel

Distribution Channel

Market split by Region/Country:

North America (United States and Canada)

Europe (Germany, UK, France, Italy, Spain, and Russia, etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia, etc.)

South America (Brazil, Mexico, and Argentina, etc.)

Middle East & Africa (Turkey, UAE, Saudi Arabia, and South Africa, etc.)

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Chapter 1 Nitrous Oxide Market Overview

1.1 Nitrous Oxide Definition

1.2 Global Nitrous Oxide Market Size Status and Outlook (2018-2031)

1.3 Global Nitrous Oxide Market Size Comparison by Region (2018-2031)

1.4 Global Nitrous Oxide Market Size Comparison by Type (2018-2031)

1.5 Global Nitrous Oxide Market Size Comparison by Application (2018-2031)

1.6 Global Nitrous Oxide Market Size Comparison by Sales Channel (2018-2031)

1.7 Nitrous Oxide Market Dynamics

1.7.1 Market Drivers/Opportunities

1.7.2 Market Challenges/Risks

1.7.3 Market News (Merger/Acquisition/Expansion)

1.7.4 Key Trends in Nitrous Oxide Market

Chapter 2 Nitrous Oxide Market Competition by Player

2.1 Global Nitrous Oxide Sales and Market Share by Player (2021-2023)

2.2 Global Nitrous Oxide Revenue and Market Share by Player (2021-2023)

2.3 Global Nitrous Oxide Average Price by Player (2021-2023)

2.4 Players Competition Situation & Trends

2.5 Conclusion of Segment by Player

Chapter 3 Nitrous Oxide Market Segment by Type

3.1 Global Nitrous Oxide Market by Type

3.1.1 Nitrous Oxide Gas

3.1.2 Nitrous Oxide Liquid

3.2 Global Nitrous Oxide Sales and Market Share by Type (2018-2023)

3.3 Global Nitrous Oxide Revenue and Market Share by Type (2018-2023)

3.4 Global Nitrous Oxide Average Price by Type (2018-2023)

3.5 Conclusion of Segment by Type

Chapter 4 Nitrous Oxide Market Segment by Application

4.1 Global Nitrous Oxide Market by Application

4.1.1 Medical

4.1.2 Automotive

4.1.3 Electronics

4.1.4 Food & Beverages

4.1.5 Others

4.2 Global Nitrous Oxide Revenue and Market Share by Application (2018-2023)

4.3 Conclusion of Segment by Application

Chapter 5 Nitrous Oxide Market Segment by Sales Channel

5.1 Global Nitrous Oxide Market by Sales Channel

5.1.1 Direct Channel

5.1.2 Distribution Channel

5.2 Global Nitrous Oxide Revenue and Market Share by Sales Channel (2018-2023)

5.3 Conclusion of Segment by Sales Channel

Chapter 6 Nitrous Oxide Market Segment by Region & Country

6.1 Global Nitrous Oxide Market Size and CAGR by Region (2018-2031)

6.2 Global Nitrous Oxide Sales and Market Share by Region (2018-2023)

6.3 Global Nitrous Oxide Revenue and Market Share by Region (2018-2023)

6.4 North America

6.4.1 North America Market by Country

6.4.2 North America Nitrous Oxide Market Share by Type

6.4.3 North America Nitrous Oxide Market Share by Application

6.4.4 United States

6.4.5 Canada

6.5 Europe

6.5.1 Europe Market by Country

6.5.2 Europe Nitrous Oxide Market Share by Type

6.5.3 Europe Nitrous Oxide Market Share by Application

6.5.4 Germany

6.5.5 UK

6.5.6 France

6.5.7 Italy

6.5.8 Spain

6.5.9 Russia

6.6 Asia-Pacific

6.6.1 Asia-Pacific Market by Country

6.6.2 Asia-Pacific Nitrous Oxide Market Share by Type

6.6.3 Asia-Pacific Nitrous Oxide Market Share by Application

6.6.4 China

6.6.5 Japan

6.6.6 Korea

6.6.7 India

6.6.8 Southeast Asia

6.6.9 Australia

6.7 South America

6.7.1 South America Market by Country

6.7.2 South America Nitrous Oxide Market Share by Type

6.7.3 South America Nitrous Oxide Market Share by Application

6.7.4 Brazil

6.7.5 Mexico

6.7.6 Argentina

6.7.7 Colombia

6.8 Middle East & Africa

6.8.1 Middle East & Africa Market by Country

6.8.2 Middle East & Africa Nitrous Oxide Market Share by Type

6.8.3 Middle East & Africa Nitrous Oxide Market Share by Application

6.8.4 Turkey

6.8.5 UAE

6.8.6 Saudi Arabia

6.8.7 South Africa

6.9 Conclusion of Segment by Region

Chapter 7 Profile of Leading Nitrous Oxide Players

7.1 Praxair Technology

7.1.1 Company Snapshot

7.1.2 Product/Service Offered

7.1.3 Business Performance (Sales, Price, Revenue, Gross Margin and Market Share)

7.2 Linde

7.3 Air Liquide

7.4 Taiyo Nippon Sanso

7.5 Sumitomo Seika

7.6 MATHESON TRI-GAS

7.7 Messer

7.8 Mitsubishi Chemical

7.9 Merck KGaA

7.10 Southern Gas Limited

7.11 Jiangsu Huazhong Gas

7.12 Carbide and Chemicals

7.13 Chengdu Taiyu Industrial Gases

7.14 Steelman Gases

7.15 Ellenbarrie Industrial Gases

7.16 Chongqing Tonghui Gas

Chapter 8 Upstream and Downstream Analysis of Nitrous Oxide

8.1 Industrial Chain of Nitrous Oxide

8.2 Upstream of Nitrous Oxide

8.3 Downstream of Nitrous Oxide

Chapter 9 Development Trend of Nitrous Oxide (2024-2031)

9.1 Global Nitrous Oxide Market Size (Sales and Revenue) Forecast (2024-2031)

9.2 Global Nitrous Oxide Market Size and CAGR Forecast by Region (2024-2031)

9.3 Global Nitrous Oxide Market Size and CAGR Forecast by Type (2024-2031)

9.4 Global Nitrous Oxide Market Size and CAGR Forecast by Application (2024-2031)

9.5 Global Nitrous Oxide Market Size and CAGR Forecast by Sales Channel (2024-2031)

Chapter 10 Appendix

10.1 Research Methodology

10.2 Data Sources

10.3 Disclaimer

10.4 Analysts Certification

List of Tables and Figures

Figure Nitrous Oxide Example

Figure Global Nitrous Oxide Revenue (Million $) Status and Outlook (2018-2031)

Figure Global Nitrous Oxide Revenue (Million $) Comparison by Region (2018-2031)

Figure Global Nitrous Oxide Revenue (Million $) Comparison by Type (2018-2031)

Figure Global Nitrous Oxide Revenue (Million $) Comparison by Application (2018-2031)

Figure Global Nitrous Oxide Revenue (Million $) Comparison by Sales Channel (2018-2031)

Table Global Nitrous Oxide Sales by Player (2021-2023)

Table Global Nitrous Oxide Sales Market Share by Player (2021-2023)

Figure Global Nitrous Oxide Sales Market Share by Player in 2023

Table Global Nitrous Oxide Revenue (Million $) by Player (2021-2023)

Table Global Nitrous Oxide Revenue Market Share by Player (2021-2023)

Figure Global Nitrous Oxide Revenue Market Share by Player in 2023

Table Global Nitrous Oxide Average Price by Player (2021-2023)

Figure Global Nitrous Oxide Average Price by Player in 2023

Figure Global Nitrous Oxide Players Competition Situation – Top 5 Players’ Revenue Market Share in 2021

Figure Global Nitrous Oxide Players Competition Trends – Top 5 Players’ Revenue Market Share in 2023

Figure Example of Nitrous Oxide Gas

Figure Global Nitrous Oxide Gas Revenue (Million $) and Growth Rate (2018-2023)

Figure Example of Nitrous Oxide Liquid

Figure Global Nitrous Oxide Liquid Revenue (Million $) and Growth Rate (2018-2023)

Table Global Nitrous Oxide Sales by Type (2018-2023)

Table Global Nitrous Oxide Sales Market Share by Type (2018-2023)

Figure Global Nitrous Oxide Sales Market Share by Type in 2023

Table Global Nitrous Oxide Revenue (Million $) by Type (2018-2023)

Table Global Nitrous Oxide Revenue Market Share by Type (2018-2023)

Figure Global Nitrous Oxide Revenue Market Share by Type in 2023

Table Global Nitrous Oxide Average Price by Type (2018-2023)

Figure Global Nitrous Oxide Average Price by Type in 2023

Table Leading Players of Nitrous Oxide by Type in 2023

Figure Example of Medical

Figure Global Nitrous Oxide for Medical Revenue (Million $) and Growth Rate (2018-2023)

Figure Example of Automotive

Figure Global Nitrous Oxide for Automotive Revenue (Million $) and Growth Rate (2018-2023)

Figure Example of Electronics

Figure Global Nitrous Oxide for Electronics Revenue (Million $) and Growth Rate (2018-2023)

Figure Example of Food & Beverages

Figure Global Nitrous Oxide for Food & Beverages Revenue (Million $) and Growth Rate (2018-2023)

Figure Example of Others

Figure Global Nitrous Oxide for Others Revenue (Million $) and Growth Rate (2018-2023)

Table Global Nitrous Oxide Sales by Application (2018-2023)

Table Global Nitrous Oxide Sales Market Share by Application (2018-2023)

Figure Global Nitrous Oxide Sales Market Share by Application in 2023

Table Leading Consumers of Nitrous Oxide by Application in 2023

Figure Example of Direct Channel

Figure Global Nitrous Oxide for Direct Channel Revenue (Million $) and Growth Rate (2018-2023)

Figure Example of Distribution Channel

Figure Global Nitrous Oxide for Distribution Channel Revenue (Million $) and Growth Rate (2018-2023)

Table Global Nitrous Oxide Revenue by Sales Channel (2018-2023)

Table Global Nitrous Oxide Revenue Market Share by Sales Channel (2018-2023)

Figure Global Nitrous Oxide Revenue Market Share by Sales Channel in 2023

Table Leading Distributors/Dealers of Nitrous Oxide by Sales Channel in 2023

Table Global Nitrous Oxide Market Size and CAGR by Region (2018-2031)

Table Global Nitrous Oxide Sales by Region (2018-2023)

Table Global Nitrous Oxide Sales Market Share by Region (2018-2023)

Figure Global Nitrous Oxide Sales Market Share by Region in 2023

Table Global Nitrous Oxide Revenue (Million $) by Region (2018-2023)

Table Global Nitrous Oxide Revenue Market Share by Region (2018-2023)

Figure Global Nitrous Oxide Revenue Market Share by Region in 2023

Table North America Nitrous Oxide Sales by Country (2018-2023)

Figure North America Nitrous Oxide Sales Market Share by Country (2018-2023)

Table North America Nitrous Oxide Revenue by Country (2018-2023)

Figure North America Nitrous Oxide Revenue Market Share by Country (2018-2023)

Figure North America Nitrous Oxide Market Share by Type in 2023

Figure North America Nitrous Oxide Market Share by Application in 2023

Figure United States Nitrous Oxide Sales and Growth Rate (2018-2023)

Figure United States Nitrous Oxide Revenue (Million $) and Growth Rate (2018-2023)

Figure Canada Nitrous Oxide Sales and Growth Rate (2018-2023)

Figure Canada Nitrous Oxide Revenue (Million $) and Growth Rate (2018-2023)

Table Europe Nitrous Oxide Sales by Country (2018-2023)

Figure Europe Nitrous Oxide Sales Market Share by Country (2018-2023)

Table Europe Nitrous Oxide Revenue by Country (2018-2023)

Figure Europe Nitrous Oxide Revenue Market Share by Country (2018-2023)

Figure Europe Nitrous Oxide Market Share by Type in 2023

Figure Europe Nitrous Oxide Market Share by Application in 2023

Figure Germany Nitrous Oxide Sales and Growth Rate (2018-2023)

Figure Germany Nitrous Oxide Revenue (Million $) and Growth Rate (2018-2023)

Figure UK Nitrous Oxide Sales and Growth Rate (2018-2023)

Figure UK Nitrous Oxide Revenue (Million $) and Growth Rate (2018-2023)

Figure France Nitrous Oxide Sales and Growth Rate (2018-2023)

Figure France Nitrous Oxide Revenue (Million $) and Growth Rate (2018-2023)

Figure Italy Nitrous Oxide Sales and Growth Rate (2018-2023)

Figure Italy Nitrous Oxide Revenue (Million $) and Growth Rate (2018-2023)

Figure Spain Nitrous Oxide Sales and Growth Rate (2018-2023)

Figure Spain Nitrous Oxide Revenue (Million $) and Growth Rate (2018-2023)

Figure Russia Nitrous Oxide Sales and Growth Rate (2018-2023)

Figure Russia Nitrous Oxide Revenue (Million $) and Growth Rate (2018-2023)

Table Asia-Pacific Nitrous Oxide Sales by Country (2018-2023)

Figure Asia-Pacific Nitrous Oxide Sales Market Share by Country (2018-2023)

Table Asia-Pacific Nitrous Oxide Revenue by Country (2018-2023)

Figure Asia-Pacific Nitrous Oxide Revenue Market Share by Country (2018-2023)

Figure Asia-Pacific Nitrous Oxide Market Share by Type in 2023

Figure Asia-Pacific Nitrous Oxide Market Share by Application in 2023

Figure China Nitrous Oxide Sales and Growth Rate (2018-2023)

Figure China Nitrous Oxide Revenue (Million $) and Growth Rate (2018-2023)

Figure Japan Nitrous Oxide Sales and Growth Rate (2018-2023)

Figure Japan Nitrous Oxide Revenue (Million $) and Growth Rate (2018-2023)

Figure Korea Nitrous Oxide Sales and Growth Rate (2018-2023)

Figure Korea Nitrous Oxide Revenue (Million $) and Growth Rate (2018-2023)

Figure India Nitrous Oxide Sales and Growth Rate (2018-2023)

Figure India Nitrous Oxide Revenue (Million $) and Growth Rate (2018-2023)

Figure Southeast Asia Nitrous Oxide Sales and Growth Rate (2018-2023)

Figure Southeast Asia Nitrous Oxide Revenue (Million $) and Growth Rate (2018-2023)

Figure Australia Nitrous Oxide Sales and Growth Rate (2018-2023)

Figure Australia Nitrous Oxide Revenue (Million $) and Growth Rate (2018-2023)

Table South America Nitrous Oxide Sales by Country (2018-2023)

Figure South America Nitrous Oxide Sales Market Share by Country (2018-2023)

Table South America Nitrous Oxide Revenue by Country (2018-2023)

Figure South America Nitrous Oxide Revenue Market Share by Country (2018-2023)

Figure South America Nitrous Oxide Market Share by Type in 2023

Figure South America Nitrous Oxide Market Share by Application in 2023

Figure Brazil Nitrous Oxide Sales and Growth Rate (2018-2023)

Figure Brazil Nitrous Oxide Revenue (Million $) and Growth Rate (2018-2023)

Figure Mexico Nitrous Oxide Sales and Growth Rate (2018-2023)

Figure Mexico Nitrous Oxide Revenue (Million $) and Growth Rate (2018-2023)

Figure Argentina Nitrous Oxide Sales and Growth Rate (2018-2023)

Figure Argentina Nitrous Oxide Revenue (Million $) and Growth Rate (2018-2023)

Figure Colombia Nitrous Oxide Sales and Growth Rate (2018-2023)

Figure Colombia Nitrous Oxide Revenue (Million $) and Growth Rate (2018-2023)

Table Middle East & Africa Nitrous Oxide Sales by Country (2018-2023)

Figure Middle East & Africa Nitrous Oxide Sales Market Share by Country (2018-2023)

Table Middle East & Africa Nitrous Oxide Revenue by Country (2018-2023)

Figure Middle East & Africa Nitrous Oxide Revenue Market Share by Country (2018-2023)

Figure Middle East & Africa Nitrous Oxide Market Share by Type in 2023

Figure Middle East & Africa Nitrous Oxide Market Share by Application in 2023

Figure Turkey Nitrous Oxide Sales and Growth Rate (2018-2023)

Figure Turkey Nitrous Oxide Revenue (Million $) and Growth Rate (2018-2023)

Figure UAE Nitrous Oxide Sales and Growth Rate (2018-2023)

Figure UAE Nitrous Oxide Revenue (Million $) and Growth Rate (2018-2023)

Figure Saudi Arabia Nitrous Oxide Sales and Growth Rate (2018-2023)

Figure Saudi Arabia Nitrous Oxide Revenue (Million $) and Growth Rate (2018-2023)

Figure South Africa Nitrous Oxide Sales and Growth Rate (2018-2023)

Figure South Africa Nitrous Oxide Revenue (Million $) and Growth Rate (2018-2023)

Table Company Snapshot of Praxair Technology

Table Nitrous Oxide Introduction of Praxair Technology

Table Nitrous Oxide Sales, Price, Revenue, Gross Margin and Market Share of Praxair Technology (2021-2023)

Table Industrial Chain of Nitrous Oxide

Table Leading Consumers of Nitrous Oxide

Figure Global Nitrous Oxide Sales and Growth Rate Forecast (2024-2031)

Figure Global Nitrous Oxide Revenue and Growth Rate Forecast (2024-2031)

Table Global Nitrous Oxide Market Size and CAGR Forecast by Region (2024-2031)

Table Global Nitrous Oxide Market Size and CAGR Forecast by Type (2024-2031)

Table Global Nitrous Oxide Market Size and CAGR Forecast by Application (2024-2031)

Table Global Nitrous Oxide Market Size and CAGR Forecast by Sales Channel (2024-2031)

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)