Nitric oxide (NO) is in strong demand in the medical field and the future development prospects of the industry are promising.
Nitric oxide (NO), also known as nitrous oxide, has the chemical formula NO and is an inorganic compound. Nitric oxide appears as a colorless gas at room temperature, has no special odor, is easily soluble in carbon disulfide and ethanol, and is slightly soluble in water. When nitric oxide comes into contact with oxygen, it turns into a reddish-brown gas with a pungent odor. Nitric oxide has extremely active chemical properties and is paramagnetic. It is widely used in electronic and electrical, medical and health, aerospace and other fields.
There are many types of preparation methods for nitric oxide, and its industrial preparation methods include acidolysis, synthesis, pyrolysis and catalytic oxidation. The acidolysis method refers to using dilute sulfuric acid and sodium nitrite as the main raw materials, and produces high-purity nitric oxide through mixing reaction, alkali washing, cutting, and other processes; the synthesis method refers to mixing oxygen and nitrogen to directly synthesize nitric oxide; The pyrolysis method refers to the decomposition and gasification of nitrite under high temperature conditions, and finally the finished product is obtained; the catalytic oxidation method is the mainstream preparation method of nitric oxide, which refers to the use of a platinum catalyst to react ammonia and oxygen to obtain the finished product.
Nitric oxide has a wide range of applications, including electronics and electrical, medical and health, aerospace, etc. In the electronic and electrical fields, nitric oxide can be used in chemical vapor deposition processes for semiconductor production; in the aerospace field, nitric oxide can be used as propellant for space rockets and satellites. Driven by downstream demand, the development space of the nitric oxide industry continues to expand. According to the “2023-2027 Nitric Oxide (NO) Industry In-depth Market Research and Investment Strategy Suggestion Report released by the Industrial Research Center It shows that the global nitric oxide market will reach US$1.18 billion in 2022, a year-on-year increase of 8.1%.
The medical and health field is the largest demand side for nitric oxide, accounting for nearly 60% of the demand. Nitric oxide plays an important role in the human body’s cardiovascular and cerebrovascular, urinary and reproductive systems, nervous system and immune system. It can improve human immunity, expand and soften blood vessels. In recent years, Chinese enterprises and scientific research institutions have continuously increased their research efforts on nitric oxide and promoted the continuous expansion of its application fields. As the number of patients infected with COVID-19 continues to grow, hypoxic respiratory failure has become the main manifestation of severe disease. NO inhalation therapy can quickly improve patients’ hypoxia, and related products have been gradually used in clinical applications.
The nitric oxide industry is highly concentrated, with leading companies occupying a dominant market position. French AIR LIQUIDE Group, American Mallinckrodt Pharmaceutical Company, American Praxair Company, etc. are world-renowned nitric oxide suppliers.
Industry analysts said that nitric oxide is widely used in many fields. Driven by market demand, the future development prospects of the industry will continue to good. The nitric oxide industry has high technical barriers and high raw material costs. Its market is mainly concentrated in European and American countries. It is expected that in the future, driven by the technological innovation of local companies, the prosperity of my country’s nitric oxide industry will further improve.