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Nitrous Oxide Market Size, Share, Trends, Industry Analysis Report By End Use (Automotive, Medical, Electronics, Food & Beverages, and Others), and By Region – Market Forecast, 2025–2034

Published Oct 01, 2025
SKU # PLRS20566167

Description

The nitrous oxide market size is expected to reach USD 3.14 Billion by 2034, according to a new study by Polaris Market Research. The report “Nitrous Oxide Market Size, Share, Trends, Industry Analysis Report By End Use (Automotive, Medical, Electronics, Food & Beverages, and Others), and By Region – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The nitrous oxide market provides solutions for medical, industrial, and automotive applications, including anesthesia, analgesia, performance enhancement, and specialty manufacturing processes.

Market growth is driven by rising demand for nitrous oxide across healthcare, automotive, and industrial sectors. In addition, increasing adoption of advanced delivery systems, growing industrialization, and expanding applications in high-performance vehicles and manufacturing are accelerating the use of safe, efficient, and high-quality nitrous oxide solutions globally.

Nitrous Oxide Market Report Highlights

Based on end use, the medical segment dominated in 2024, driven by widespread use of nitrous oxide as an anesthetic and analgesic in hospitals, dental clinics, and outpatient surgical centers.

Asia Pacific led the market in 2024, supported by rapid industrialization, urbanization, and expanding manufacturing sectors in countries such as China, India, and Japan.

North America is expected to witness strong growth, fueled by rising demand for nitrous oxide in automotive performance enhancement, motorsports, and various industrial applications.

Key players in the global market include Air Liquide S.A., Air Products and Chemicals, Inc., Air Water Inc., Airgas, Inc., Ellenbarrie Industrial Gases Ltd., Iwatani Corporation, Linde plc, MATHESON TRI-GAS, INC., Merck KGaA, Messer SE & Co. KGaA, Norco, Inc., Praxair Technology, Inc., Saudi Industrial Gases Co. (GAS), SOL Group, and Taiyo Nippon Sanso Corporation.

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Polaris Market Research has segmented the market report based on end use, and region:

By End Use Outlook (Revenue, USD Billion; Kilotons, 2020–2034)

Automotive

Medical

Electronics

Food & Beverages

Others

By Regional Outlook (Revenue, USD Billion; Kilotons, 2020–2034)

North America

US

Canada

Europe

Germany

France

UK

Italy

Spain

Netherlands

Russia

Rest of Europe

Asia Pacific

China

Japan

India

Malaysia

South Korea

Indonesia

Australia

Vietnam

Rest of Asia Pacific

Middle East & Africa

Saudi Arabia

UAE

Israel

South Africa

Rest of Middle East & Africa

Latin America

Mexico

Brazil

Argentina

Rest of Latin America

Table of Contents

1. Introduction
1.1. Report Description
1.1.1. Objectives of the Study
1.1.2. Market Scope
1.1.3. Assumptions
1.2. Stakeholders
2. Executive Summary
2.1. Market Highlights
3. Research Methodology
3.1. Overview
3.1.1. Data Mining
3.2. Data Sources
3.2.1. Primary Sources
3.2.2. Secondary Sources
4. Nitrous Oxide Market Insights
4.1. Nitrous Oxide Market – Market Snapshot
4.2. Nitrous Oxide Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Growing Automotive End Uses
4.2.1.2. Expansion of Electronics and Industrial End Uses
4.2.2. Restraints and Challenges
4.2.2.1. High Production and Operational Costs
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Nitrous Oxide Market Trends
4.6. Value Chain Analysis
5. Nitrous Oxide Market, by End Use
5.1. Key Findings
5.2. Introduction
5.2.1. Nitrous Oxide Market, by End Use, 2020-2034 (USD Billion, Kilotons)
5.3. Automotive
5.3.1. Nitrous Oxide Market, by Automotive, by Region, 2020-2034 (USD Billion, Kilotons)
5.4. Medical
5.4.1. Nitrous Oxide Market, by Medical, by Region, 2020-2034 (USD Billion, Kilotons)
5.5. Electronics
5.5.1. Nitrous Oxide Market, by Electronics, by Region, 2020-2034 (USD Billion, Kilotons)
5.6. Food & Beverages
5.6.1. Nitrous Oxide Market, by Food & Beverages, by Region, 2020-2034 (USD Billion, Kilotons)
5.7. Others
5.7.1. Nitrous Oxide Market, by Others, by Region, 2020-2034 (USD Billion, Kilotons)
6. Nitrous Oxide Market, by Geography
6.1. Key Findings
6.2. Introduction
6.2.1. Nitrous Oxide Market Assessment, By Geography, 2020-2034 (USD Billion, Kilotons)
6.3. Nitrous Oxide Market – North America
6.3.1. North America: Nitrous Oxide Market, by End Use, 2020-2034 (USD Billion, Kilotons)
6.3.2. Nitrous Oxide Market – U.S.
6.3.2.1. U.S.: Nitrous Oxide Market, by End Use, 2020-2034 (USD Billion, Kilotons)
6.3.3. Nitrous Oxide Market – Canada
6.3.3.1. Canada: Nitrous Oxide Market, by End Use, 2020-2034 (USD Billion, Kilotons)
6.4. Nitrous Oxide Market – Europe
6.4.1. Europe: Nitrous Oxide Market, by End Use, 2020-2034 (USD Billion, Kilotons)
6.4.2. Nitrous Oxide Market – UK
6.4.2.1. UK: Nitrous Oxide Market, by End Use, 2020-2034 (USD Billion, Kilotons)
6.4.3. Nitrous Oxide Market – France
6.4.3.1. France: Nitrous Oxide Market, by End Use, 2020-2034 (USD Billion, Kilotons)
6.4.4. Nitrous Oxide Market – Germany
6.4.4.1. Germany: Nitrous Oxide Market, by End Use, 2020-2034 (USD Billion, Kilotons)
6.4.5. Nitrous Oxide Market – Italy
6.4.5.1. Italy: Nitrous Oxide Market, by End Use, 2020-2034 (USD Billion, Kilotons)
6.4.6. Nitrous Oxide Market – Spain
6.4.6.1. Spain: Nitrous Oxide Market, by End Use, 2020-2034 (USD Billion, Kilotons)
6.4.7. Nitrous Oxide Market – Netherlands
6.4.7.1. Netherlands: Nitrous Oxide Market, by End Use, 2020-2034 (USD Billion, Kilotons)
6.4.8. Nitrous Oxide Market – Russia
6.4.8.1. Russia: Nitrous Oxide Market, by End Use, 2020-2034 (USD Billion, Kilotons)
6.4.9. Nitrous Oxide Market – Rest of Europe
6.4.9.1. Rest of Europe: Nitrous Oxide Market, by End Use, 2020-2034 (USD Billion, Kilotons)
6.5. Nitrous Oxide Market – Asia Pacific
6.5.1. Asia Pacific: Nitrous Oxide Market, by End Use, 2020-2034 (USD Billion, Kilotons)
6.5.2. Nitrous Oxide Market – China
6.5.2.1. China: Nitrous Oxide Market, by End Use, 2020-2034 (USD Billion, Kilotons)
6.5.3. Nitrous Oxide Market – India
6.5.3.1. India: Nitrous Oxide Market, by End Use, 2020-2034 (USD Billion, Kilotons)
6.5.4. Nitrous Oxide Market – Malaysia
6.5.4.1. Malaysia: Nitrous Oxide Market, by End Use, 2020-2034 (USD Billion, Kilotons)
6.5.5. Nitrous Oxide Market – Japan
6.5.5.1. Japan: Nitrous Oxide Market, by End Use, 2020-2034 (USD Billion, Kilotons)
6.5.6. Nitrous Oxide Market – Indonesia
6.5.6.1. Indonesia: Nitrous Oxide Market, by End Use, 2020-2034 (USD Billion, Kilotons)
6.5.7. Nitrous Oxide Market – South Korea
6.5.7.1. South Korea: Nitrous Oxide Market, by End Use, 2020-2034 (USD Billion, Kilotons)
6.5.8. Nitrous Oxide Market – Australia
6.5.8.1. Australia: Nitrous Oxide Market, by End Use, 2020-2034 (USD Billion, Kilotons)
6.5.9. Nitrous Oxide Market – Rest of Asia Pacific
6.5.9.1. Rest of Asia Pacific: Nitrous Oxide Market, by End Use, 2020-2034 (USD Billion, Kilotons)
6.6. Nitrous Oxide Market – Middle East & Africa
6.6.1. Middle East & Africa: Nitrous Oxide Market, by End Use, 2020-2034 (USD Billion, Kilotons)
6.6.2. Nitrous Oxide Market – Saudi Arabia
6.6.2.1. Saudi Arabia: Nitrous Oxide Market, by End Use, 2020-2034 (USD Billion, Kilotons)
6.6.3. Nitrous Oxide Market – UAE
6.6.3.1. UAE: Nitrous Oxide Market, by End Use, 2020-2034 (USD Billion, Kilotons)
6.6.4. Nitrous Oxide Market – Israel
6.6.4.1. Israel: Nitrous Oxide Market, by End Use, 2020-2034 (USD Billion, Kilotons)
6.6.5. Nitrous Oxide Market – South Africa
6.6.5.1. South Africa: Nitrous Oxide Market, by End Use, 2020-2034 (USD Billion, Kilotons)
6.6.6. Nitrous Oxide Market – Rest of Middle East & Africa
6.6.6.1. Rest of Middle East & Africa: Nitrous Oxide Market, by End Use, 2020-2034 (USD Billion, Kilotons)
6.7. Nitrous Oxide Market – Latin America
6.7.1. Latin America: Nitrous Oxide Market, by End Use, 2020-2034 (USD Billion, Kilotons)
6.7.2. Nitrous Oxide Market – Mexico
6.7.2.1. Mexico: Nitrous Oxide Market, by End Use, 2020-2034 (USD Billion, Kilotons)
6.7.3. Nitrous Oxide Market – Brazil
6.7.3.1. Brazil: Nitrous Oxide Market, by End Use, 2020-2034 (USD Billion, Kilotons)
6.7.4. Nitrous Oxide Market – Argentina
6.7.4.1. Argentina: Nitrous Oxide Market, by End Use, 2020-2034 (USD Billion, Kilotons)
6.7.5. Nitrous Oxide Market – Rest of Latin America
6.7.5.1. Rest of Latin America: Nitrous Oxide Market, by End Use, 2020-2034 (USD Billion, Kilotons)
7. Competitive Landscape
7.1. Expansion and Acquisition Analysis
7.1.1. Expansion
7.1.2. Acquisitions
7.2. Partnerships/Collaborations/Agreements/Exhibitions
8. Company Profiles
8.1. Air Liquide S.A.
8.1.1. Company Overview
8.1.2. Financial Performance
8.1.3. Product Benchmarking
8.1.4. Recent Development
8.2. Air Products and Chemicals, Inc.
8.2.1. Company Overview
8.2.2. Financial Performance
8.2.3. Product Benchmarking
8.2.4. Recent Development
8.3. Air Water Inc.
8.3.1. Company Overview
8.3.2. Financial Performance
8.3.3. Product Benchmarking
8.3.4. Recent Development
8.4. Airgas, Inc.
8.4.1. Company Overview
8.4.2. Financial Performance
8.4.3. Product Benchmarking
8.4.4. Recent Development
8.5. Ellenbarrie Industrial Gases Ltd.
8.5.1. Company Overview
8.5.2. Financial Performance
8.5.3. Product Benchmarking
8.5.4. Recent Development
8.6. Iwatani Corporation
8.6.1. Company Overview
8.6.2. Financial Performance
8.6.3. Product Benchmarking
8.6.4. Recent Development
8.7. Linde plc
8.7.1. Company Overview
8.7.2. Financial Performance
8.7.3. Product Benchmarking
8.7.4. Recent Development
8.8. MATHESON TRI-GAS, INC.
8.8.1. Company Overview
8.8.2. Financial Performance
8.8.3. Product Benchmarking
8.8.4. Recent Development
8.9. Merck KGaA
8.9.1. Company Overview
8.9.2. Financial Performance
8.9.3. Product Benchmarking
8.9.4. Recent Development
8.10. Messer SE & Co. KGaA
8.10.1. Company Overview
8.10.2. Financial Performance
8.10.3. Product Benchmarking
8.10.4. Recent Development
8.11. Norco, Inc.
8.11.1. Company Overview
8.11.2. Financial Performance
8.11.3. Product Benchmarking
8.11.4. Recent Development
8.12. Praxair Technology, Inc.
8.12.1. Company Overview
8.12.2. Financial Performance
8.12.3. Product Benchmarking
8.12.4. Recent Development
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