Bahrain Nitrous Oxide Market Outlook | Size, Growth, Share, COVID-19 IMPACT, Trends, Value, Companies, Revenue, Industry, Analysis & Forecast

Bahrain Nitrous Oxide Market Synopsis

Nitrous oxide is a colorless and nonflammable gas with sweet odor. It is also known as laughing gas due to its euphoric effects when inhaled in large doses. The global nitrous oxide market was valued at USD 6.30 billion in 2019 and is expected to reach USD 8.56 billion by 2026, registering a CAGR of 4.1%

Drivers of the Market

Growing demand from the medical sector for anesthesia purpose, increasing usage in automotive industry as an oxidizing agent are some of the factors driving the growth of the nitrous oxide market across Bahrain region. Nitrous oxide has been increasingly used during labor process to reduce pain among pregnant women which further fuels its demand globally

Challenges of the Market

Increasing prices of raw materials along with stringent government regulations regarding emission standards are some of the challenges faced by manufacturers operating in this market space which may hamper overall industry growth over the forecast period.

Key Players of the Market

Some key players involved in production and distribution of nitrous oxide based products include Solvay S.A., Airgas Inc., Praxair Technology, Inc., Messer Group GmbH, Matheson Tri-Gas Inc., Luxfer Gas Cylinders, Radnor CryoTech LLC amongst others

Covid-19 Impact on the Market

The Covid-19 pandemic has had a negative impact on the nitrous oxide market in Bahrain. The demand for nitrous oxide in medical applications and other industries has declined due to the economic slowdown caused by the pandemic. Additionally, travel restrictions have slowed down international trade activities, further affecting the supply of nitrous oxide for use in Bahraini industries. Moreover, due to reduced industrial activity as well as reduced logistics operations, there is a decrease in demand for nitrogenous oxide from various sectors such as automotive and aerospace sectors. This has resulted in an overall decline in prices of nitrous oxide across Bahrain.

Key Highlights of the Report:

• Bahrain Nitrous Oxide Market Outlook
• Market Size of Bahrain Nitrous Oxide Market, 2020
• Forecast of Bahrain Nitrous Oxide Market, 2027
• Historical Data and Forecast of Bahrain Nitrous Oxide Revenues & Volume for the Period 2018 - 2027
• Bahrain Nitrous Oxide Market Trend Evolution
• Bahrain Nitrous Oxide Market Drivers and Challenges
• Bahrain Nitrous Oxide Price Trends
• Bahrain Nitrous Oxide Porter's Five Forces
• Bahrain Nitrous Oxide Industry Life Cycle
• Historical Data and Forecast of Bahrain Nitrous Oxide Market Revenues & Volume By Applications for the Period 2018 - 2027
• Historical Data and Forecast of Bahrain Nitrous Oxide Market Revenues & Volume By Automotive for the Period 2018 - 2027
• Historical Data and Forecast of Bahrain Nitrous Oxide Market Revenues & Volume By Medical for the Period 2018 - 2027
• Historical Data and Forecast of Bahrain Nitrous Oxide Market Revenues & Volume By Electronics for the Period 2018 - 2027
• Historical Data and Forecast of Bahrain Nitrous Oxide Market Revenues & Volume By Food & Beverage for the Period 2018 - 2027
• Historical Data and Forecast of Bahrain Nitrous Oxide Market Revenues & Volume By Others for the Period 2018 - 2027
• Bahrain Nitrous Oxide Import Export Trade Statistics
• Market Opportunity Assessment By Applications
• Bahrain Nitrous Oxide Top Companies Market Share
• Bahrain Nitrous Oxide Competitive Benchmarking By Technical and Operational Parameters
• Bahrain Nitrous Oxide Company Profiles
• Bahrain Nitrous Oxide Key Strategic Recommendations