Press release
Industrial Laughing Gas Market Expected to Grow to US$ 1.4 Billion by 2030 | Matheson Gas, Linde Group, Praxair
The global Industrial Laughing Gas market is projected to grow from US$ 1046 million in 2024 to US$ 1403 million by 2030, at a Compound Annual Growth Rate (CAGR) of 5.0% during the forecast period.
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Nitrous oxide, commonly referred to as laughing gas, is a colorless, non-flammable gas used in various industries, particularly healthcare and food processing. In healthcare, nitrous oxide is widely used for anesthesia and pain relief, while in the food industry, it serves as a propellant in whipped cream dispensers and other food products. Furthermore, nitrous oxide is increasingly used in the automotive and aerospace sectors due to its role as a high-performance fuel oxidizer.
The industrial laughing gas market is expected to witness strong growth due to increasing demand from medical institutions, the food and beverage sector, and its rising application in high-performance fuel systems.
Key Players Mentioned in the Global Industrial Laughing Gas Market Research Report: Matheson Gas, Linde Group, Praxair, Air Products, Air Liquide, Uttam Group, Sanghi Group, Universal Boschi Oxygen Plants, Messer, SOL Spa
Leading companies in the industrial laughing gas market are focusing on innovations in production techniques and expanding their product portfolios. Key players are forming strategic partnerships with healthcare and food industries to broaden their market reach.
Market Challenges: Despite its growth, the industrial laughing gas market faces challenges related to environmental regulations and the need for sustainable production methods. Rising concerns over the greenhouse gas potential of nitrous oxide have prompted governments and industries to explore eco-friendly production and storage solutions.
Detailed of Industrial Laughing Gas Market Segmentation: -
Segment by Type:
Purity < 99.5%
Purity ≥ 99.5%
Segment by Application:
Medical
Food
Automobile
Rockets
Other
Key Regions Covered in the Report:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
North America and Europe are expected to dominate the industrial laughing gas market, owing to the high adoption rates in the medical and food sectors. The Asia-Pacific region is also witnessing significant growth, with rising industrial activities and healthcare advancements driving market demand.
The industrial laughing gas market is poised for continued growth, driven by increasing demand in healthcare, food and beverage, and manufacturing sectors. With advancements in production processes and sustainable practices, the market is expected to expand and evolve over the next decade.
As industries continue to explore new applications for nitrous oxide, the industrial laughing gas market presents numerous opportunities for growth. By understanding the key drivers, applications, and trends shaping this market, businesses can position themselves for success in the evolving global landscape.
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Table of Contents
1 Study Coverage
1.1 Industrial Laughing Gas Product Introduction
1.2 Market by Type
1.2.1 Global Industrial Laughing Gas Market Size by Type, 2019 VS 2023 VS 2030
1.2.2 Purity < 99.5%
1.2.3 Purity ≥ 99.5%
1.3 Market by Application
1.3.1 Global Industrial Laughing Gas Market Size by Application, 2019 VS 2023 VS 2030
1.3.2 Medical
1.3.3 Food
1.3.4 Automobile
1.3.5 Rockets
1.3.6 Other
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Industrial Laughing Gas Production
2.1 Global Industrial Laughing Gas Production Capacity (2019-2030)
2.2 Global Industrial Laughing Gas Production by Region: 2019 VS 2023 VS 2030
2.3 Global Industrial Laughing Gas Production by Region
2.3.1 Global Industrial Laughing Gas Historic Production by Region (2019-2024)
2.3.2 Global Industrial Laughing Gas Forecasted Production by Region (2025-2030)
2.3.3 Global Industrial Laughing Gas Production Market Share by Region (2019-2030)
2.4 North America
2.5 Europe
2.6 China
2.7 Japan
3 Executive Summary
3.1 Global Industrial Laughing Gas Revenue Estimates and Forecasts 2019-2030
3.2 Global Industrial Laughing Gas Revenue by Region
3.2.1 Global Industrial Laughing Gas Revenue by Region: 2019 VS 2023 VS 2030
3.2.2 Global Industrial Laughing Gas Revenue by Region (2019-2024)
3.2.3 Global Industrial Laughing Gas Revenue by Region (2025-2030)
3.2.4 Global Industrial Laughing Gas Revenue Market Share by Region (2019-2030)
3.3 Global Industrial Laughing Gas Sales Estimates and Forecasts 2019-2030
3.4 Global Industrial Laughing Gas Sales by Region
3.4.1 Global Industrial Laughing Gas Sales by Region: 2019 VS 2023 VS 2030
3.4.2 Global Industrial Laughing Gas Sales by Region (2019-2024)
3.4.3 Global Industrial Laughing Gas Sales by Region (2025-2030)
3.4.4 Global Industrial Laughing Gas Sales Market Share by Region (2019-2030)
3.5 US & Canada
3.6 Europe
3.7 China
3.8 Asia (excluding China)
3.9 Middle East, Africa and Latin America
4 Competition by Manufacturers
4.1 Global Industrial Laughing Gas Sales by Manufacturers
4.1.1 Global Industrial Laughing Gas Sales by Manufacturers (2019-2024)
4.1.2 Global Industrial Laughing Gas Sales Market Share by Manufacturers (2019-2024)
4.1.3 Global Top 10 and Top 5 Largest Manufacturers of Industrial Laughing Gas in 2023
4.2 Global Industrial Laughing Gas Revenue by Manufacturers
4.2.1 Global Industrial Laughing Gas Revenue by Manufacturers (2019-2024)
4.2.2 Global Industrial Laughing Gas Revenue Market Share by Manufacturers (2019-2024)
4.2.3 Global Top 10 and Top 5 Companies by Industrial Laughing Gas Revenue in 2023
4.3 Global Industrial Laughing Gas Sales Price by Manufacturers (2019-2024)
4.4 Global Key Players of Industrial Laughing Gas, Industry Ranking, 2022 VS 2023
4.5 Analysis of Competitive Landscape
4.5.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
4.5.2 Global Industrial Laughing Gas Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.6 Global Key Manufacturers of Industrial Laughing Gas, Manufacturing Base Distribution and Headquarters
4.7 Global Key Manufacturers of Industrial Laughing Gas, Product Offered and Application
4.8 Global Key Manufacturers of Industrial Laughing Gas, Date of Enter into This Industry
4.9 Mergers & Acquisitions, Expansion Plans
5 Market Size by Type
5.1 Global Industrial Laughing Gas Sales by Type
5.1.1 Global Industrial Laughing Gas Historical Sales by Type (2019-2024)
5.1.2 Global Industrial Laughing Gas Forecasted Sales by Type (2025-2030)
5.1.3 Global Industrial Laughing Gas Sales Market Share by Type (2019-2030)
5.2 Global Industrial Laughing Gas Revenue by Type
5.2.1 Global Industrial Laughing Gas Historical Revenue by Type (2019-2024)
5.2.2 Global Industrial Laughing Gas Forecasted Revenue by Type (2025-2030)
5.2.3 Global Industrial Laughing Gas Revenue Market Share by Type (2019-2030)
5.3 Global Industrial Laughing Gas Price by Type
5.3.1 Global Industrial Laughing Gas Price by Type (2019-2024)
5.3.2 Global Industrial Laughing Gas Price Forecast by Type (2025-2030)
6 Market Size by Application
6.1 Global Industrial Laughing Gas Sales by Application
6.1.1 Global Industrial Laughing Gas Historical Sales by Application (2019-2024)
6.1.2 Global Industrial Laughing Gas Forecasted Sales by Application (2025-2030)
6.1.3 Global Industrial Laughing Gas Sales Market Share by Application (2019-2030)
6.2 Global Industrial Laughing Gas Revenue by Application
6.2.1 Global Industrial Laughing Gas Historical Revenue by Application (2019-2024)
6.2.2 Global Industrial Laughing Gas Forecasted Revenue by Application (2025-2030)
6.2.3 Global Industrial Laughing Gas Revenue Market Share by Application (2019-2030)
6.3 Global Industrial Laughing Gas Price by Application
6.3.1 Global Industrial Laughing Gas Price by Application (2019-2024)
6.3.2 Global Industrial Laughing Gas Price Forecast by Application (2025-2030)
7 US & Canada
7.1 US & Canada Industrial Laughing Gas Market Size by Type
7.1.1 US & Canada Industrial Laughing Gas Sales by Type (2019-2030)
7.1.2 US & Canada Industrial Laughing Gas Revenue by Type (2019-2030)
7.2 US & Canada Industrial Laughing Gas Market Size by Application
7.2.1 US & Canada Industrial Laughing Gas Sales by Application (2019-2030)
7.2.2 US & Canada Industrial Laughing Gas Revenue by Application (2019-2030)
7.3 US & Canada Industrial Laughing Gas Market Size by Country
7.3.1 US & Canada Industrial Laughing Gas Revenue by Country: 2019 VS 2023 VS 2030
7.3.2 US & Canada Industrial Laughing Gas Revenue by Country (2019-2030)
7.3.3 US & Canada Industrial Laughing Gas Sales by Country (2019-2030)
7.3.4 US
7.3.5 Canada
8 Europe
8.1 Europe Industrial Laughing Gas Market Size by Type
8.1.1 Europe Industrial Laughing Gas Sales by Type (2019-2030)
8.1.2 Europe Industrial Laughing Gas Revenue by Type (2019-2030)
8.2 Europe Industrial Laughing Gas Market Size by Application
8.2.1 Europe Industrial Laughing Gas Sales by Application (2019-2030)
8.2.2 Europe Industrial Laughing Gas Revenue by Application (2019-2030)
8.3 Europe Industrial Laughing Gas Market Size by Country
8.3.1 Europe Industrial Laughing Gas Revenue by Country: 2019 VS 2023 VS 2030
8.3.2 Europe Industrial Laughing Gas Sales by Country (2019-2030)
8.3.3 Europe Industrial Laughing Gas Revenue by Country (2019-2030)
8.3.4 Germany
8.3.5 France
8.3.6 U.K.
8.3.7 Italy
8.3.8 Russia
9 China
9.1 China Industrial Laughing Gas Market Size by Type
9.1.1 China Industrial Laughing Gas Sales by Type (2019-2030)
9.1.2 China Industrial Laughing Gas Revenue by Type (2019-2030)
9.2 China Industrial Laughing Gas Market Size by Application
9.2.1 China Industrial Laughing Gas Sales by Application (2019-2030)
9.2.2 China Industrial Laughing Gas Revenue by Application (2019-2030)
10 Asia (excluding China)
10.1 Asia Industrial Laughing Gas Market Size by Type
10.1.1 Asia Industrial Laughing Gas Sales by Type (2019-2030)
10.1.2 Asia Industrial Laughing Gas Revenue by Type (2019-2030)
10.2 Asia Industrial Laughing Gas Market Size by Application
10.2.1 Asia Industrial Laughing Gas Sales by Application (2019-2030)
10.2.2 Asia Industrial Laughing Gas Revenue by Application (2019-2030)
10.3 Asia Industrial Laughing Gas Market Size by Region
10.3.1 Asia Industrial Laughing Gas Revenue by Region: 2019 VS 2023 VS 2030
10.3.2 Asia Industrial Laughing Gas Revenue by Region (2019-2030)
10.3.3 Asia Industrial Laughing Gas Sales by Region (2019-2030)
10.3.4 Japan
10.3.5 South Korea
10.3.6 China Taiwan
10.3.7 Southeast Asia
10.3.8 India
11 Middle East, Africa and Latin America
11.1 Middle East, Africa and Latin America Industrial Laughing Gas Market Size by Type
11.1.1 Middle East, Africa and Latin America Industrial Laughing Gas Sales by Type (2019-2030)
11.1.2 Middle East, Africa and Latin America Industrial Laughing Gas Revenue by Type (2019-2030)
11.2 Middle East, Africa and Latin America Industrial Laughing Gas Market Size by Application
11.2.1 Middle East, Africa and Latin America Industrial Laughing Gas Sales by Application (2019-2030)
11.2.2 Middle East, Africa and Latin America Industrial Laughing Gas Revenue by Application (2019-2030)
11.3 Middle East, Africa and Latin America Industrial Laughing Gas Market Size by Country
11.3.1 Middle East, Africa and Latin America Industrial Laughing Gas Revenue by Country: 2019 VS 2023 VS 2030
11.3.2 Middle East, Africa and Latin America Industrial Laughing Gas Revenue by Country (2019-2030)
11.3.3 Middle East, Africa and Latin America Industrial Laughing Gas Sales by Country (2019-2030)
11.3.4 Brazil
11.3.5 Mexico
11.3.6 Turkey
11.3.7 Israel
11.3.8 GCC Countries
12 Corporate Profile
12.1 Matheson Gas
12.1.1 Matheson Gas Corporation Information
12.1.2 Matheson Gas Overview
12.1.3 Matheson Gas Industrial Laughing Gas Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.1.4 Matheson Gas Industrial Laughing Gas Product Model Numbers, Pictures, Descriptions and Specifications
12.1.5 Matheson Gas Recent Developments
12.2 Linde Group
12.2.1 Linde Group Corporation Information
12.2.2 Linde Group Overview
12.2.3 Linde Group Industrial Laughing Gas Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.2.4 Linde Group Industrial Laughing Gas Product Model Numbers, Pictures, Descriptions and Specifications
12.2.5 Linde Group Recent Developments
12.3 Praxair
12.3.1 Praxair Corporation Information
12.3.2 Praxair Overview
12.3.3 Praxair Industrial Laughing Gas Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.3.4 Praxair Industrial Laughing Gas Product Model Numbers, Pictures, Descriptions and Specifications
12.3.5 Praxair Recent Developments
12.4 Air Products
12.4.1 Air Products Corporation Information
12.4.2 Air Products Overview
12.4.3 Air Products Industrial Laughing Gas Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.4.4 Air Products Industrial Laughing Gas Product Model Numbers, Pictures, Descriptions and Specifications
12.4.5 Air Products Recent Developments
12.5 Air Liquide
12.5.1 Air Liquide Corporation Information
12.5.2 Air Liquide Overview
12.5.3 Air Liquide Industrial Laughing Gas Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.5.4 Air Liquide Industrial Laughing Gas Product Model Numbers, Pictures, Descriptions and Specifications
12.5.5 Air Liquide Recent Developments
12.6 Uttam Group
12.6.1 Uttam Group Corporation Information
12.6.2 Uttam Group Overview
12.6.3 Uttam Group Industrial Laughing Gas Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.6.4 Uttam Group Industrial Laughing Gas Product Model Numbers, Pictures, Descriptions and Specifications
12.6.5 Uttam Group Recent Developments
12.7 Sanghi Group
12.7.1 Sanghi Group Corporation Information
12.7.2 Sanghi Group Overview
12.7.3 Sanghi Group Industrial Laughing Gas Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.7.4 Sanghi Group Industrial Laughing Gas Product Model Numbers, Pictures, Descriptions and Specifications
12.7.5 Sanghi Group Recent Developments
12.8 Universal Boschi Oxygen Plants
12.8.1 Universal Boschi Oxygen Plants Corporation Information
12.8.2 Universal Boschi Oxygen Plants Overview
12.8.3 Universal Boschi Oxygen Plants Industrial Laughing Gas Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.8.4 Universal Boschi Oxygen Plants Industrial Laughing Gas Product Model Numbers, Pictures, Descriptions and Specifications
12.8.5 Universal Boschi Oxygen Plants Recent Developments
12.9 Messer
12.9.1 Messer Corporation Information
12.9.2 Messer Overview
12.9.3 Messer Industrial Laughing Gas Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.9.4 Messer Industrial Laughing Gas Product Model Numbers, Pictures, Descriptions and Specifications
12.9.5 Messer Recent Developments
12.10 SOL Spa
12.10.1 SOL Spa Corporation Information
12.10.2 SOL Spa Overview
12.10.3 SOL Spa Industrial Laughing Gas Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.10.4 SOL Spa Industrial Laughing Gas Product Model Numbers, Pictures, Descriptions and Specifications
12.10.5 SOL Spa Recent Developments
13 Industry Chain and Sales Channels Analysis
13.1 Industrial Laughing Gas Industry Chain Analysis
13.2 Industrial Laughing Gas Key Raw Materials
13.2.1 Key Raw Materials
13.2.2 Raw Materials Key Suppliers
13.3 Industrial Laughing Gas Production Mode & Process
13.4 Industrial Laughing Gas Sales and Marketing
13.4.1 Industrial Laughing Gas Sales Channels
13.4.2 Industrial Laughing Gas Distributors
13.5 Industrial Laughing Gas Customers
14 Industrial Laughing Gas Market Dynamics
14.1 Industrial Laughing Gas Industry Trends
14.2 Industrial Laughing Gas Market Drivers
14.3 Industrial Laughing Gas Market Challenges
14.4 Industrial Laughing Gas Market Restraints
15 Key Findings in the Global Industrial Laughing Gas Study
16 Appendix
16.1 Research Methodology
16.1.1 Methodology/Research Approach
16.1.1.1 Research Programs/Design
16.1.1.2 Market Size Estimation
16.1.1.3 Market Breakdown and Data Triangulation
16.1.2 Data Source
16.1.2.1 Secondary Sources
16.1.2.2 Primary Sources
16.2 Author Details
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