Product Code: ETC108223 | Publication Date: Aug 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Nitrous Oxide market currently, in 2023, has witnessed an HHI of 1659, Which has increased slightly as compared to the HHI of 1605 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The India nitrous oxide market is projected to grow at a healthy CAGR during the forecast period (2025-2031). The increasing demand for medical and dental applications, rising government initiatives to improve healthcare infrastructure, and growing awareness about anesthetic gases are driving the growth of the India nitrous oxide market. Moreover, increased investments by manufacturers in research & development activities further add up to the growth prospects of this market.
Increasing Use In Automotive Sector - One of the major drivers influencing demand for nitrous oxide (N2O) is its wide use by automobile companies due to its higher energy density compared to other fuels. It helps enhance engine performance while reducing fuel consumption significantly. This has been instrumental in driving up sales volumes of vehicle manufacturers who have adopted N2O technology. Furthermore, government initiatives like FAME Scheme (Faster Adoption and Manufacturing Electric Vehicles), which provides incentives on electric vehicles based on their battery capacity & range has been encouraging development & adoption off new technologies such as N2O engines by OEMs thereby increasing their production & boosting their revenue streams drastically over past few years
High Cost Associated With Technology ??? High cost associated with utilizing this technology can be considered one of major challenge hindering wider adoption among OEMs especially those based out developing nations including India due high price tag attached with it???s components such as tanks along control systems etc needed implementing it successfully which might act deterrent measures towards wider acceptance among budget conscious customers located here thus likely hamper growth prospects these regions over coming years.
The key players operating in the India nitrous oxide market are Air Liquide, Air Products & Chemicals Inc., Coregas Pty Ltd, Linde Gas LLC, Matheson Tri-Gas Inc., MVS Engineering Pvt. Ltd., Praxair Technology Inc., and Solvay S.A.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Nitrous Oxide Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Nitrous Oxide Market Revenues & Volume, 2021 & 2031F |
3.3 India Nitrous Oxide Market - Industry Life Cycle |
3.4 India Nitrous Oxide Market - Porter's Five Forces |
3.5 India Nitrous Oxide Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 India Nitrous Oxide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Nitrous Oxide Market Trends |
6 India Nitrous Oxide Market, By Types |
6.1 India Nitrous Oxide Market, By Applications |
6.1.1 Overview and Analysis |
6.1.2 India Nitrous Oxide Market Revenues & Volume, By Applications, 2018 - 2031F |
6.1.3 India Nitrous Oxide Market Revenues & Volume, By Automotive, 2018 - 2031F |
6.1.4 India Nitrous Oxide Market Revenues & Volume, By Medical, 2018 - 2031F |
6.1.5 India Nitrous Oxide Market Revenues & Volume, By Electronics, 2018 - 2031F |
6.1.6 India Nitrous Oxide Market Revenues & Volume, By Food & Beverage, 2018 - 2031F |
6.1.7 India Nitrous Oxide Market Revenues & Volume, By Others, 2018 - 2031F |
7 India Nitrous Oxide Market Import-Export Trade Statistics |
7.1 India Nitrous Oxide Market Export to Major Countries |
7.2 India Nitrous Oxide Market Imports from Major Countries |
8 India Nitrous Oxide Market Key Performance Indicators |
9 India Nitrous Oxide Market - Opportunity Assessment |
9.1 India Nitrous Oxide Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 India Nitrous Oxide Market - Competitive Landscape |
10.1 India Nitrous Oxide Market Revenue Share, By Companies, 2024 |
10.2 India Nitrous Oxide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |