The global Industrial Oxygen market was valued at US$ 49420 million in 2019 and it is expected to reach US$ 78730 million by the end of 2026, growing at a CAGR of 6.8% during 2021-2026.
Industrial oxygen is produced by air separation processes. The application of oxygen stem is mainly on its oxidizing and life-sustaining properties.
Industrial gases are used in a variety of purity grades and for a wide range of purposes, including food gases and medical gases. Industrial gases can make production processes safer and more cost-effective and improve product quality. They often contribute to environmental protection. Some processes and applications would even be inconceivable without the chemical properties of gases. Oxygen is one of the most widely used gases. Among various application, steel industry accounts for the largest consumption share of industrial oxygen, which was 47.56%.
Global Industrial Oxygen Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Industrial Oxygen Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Linde Group, Air Liquide, Praxair, Air Products and Chemicals, Taiyo Nippon Sanso, Air Water, Messer, Yingde Gases, SOL, Norco, Gulf Cryo, SIG Gases Berhad and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-industrial-oxygen-market-research-report
Segment by Type
- On-Site Type
- Bulk Type
- Cylinder Type
Segment by Application
- Steel Industry
- Chemical Industry
- Copper and Aluminium
- Synthesis Gas
- Waste Water Treatment
- Pulp and Paper Industry
- Food & Beverage
- Plastic Industry
Table of Content:
1 Industrial Oxygen Market Overview
2 Market Competition by Manufacturers
3 Production and Capacity by Region
4 Global Industrial Oxygen Consumption by Region
5 Production, Revenue, Price Trend by Type
6 Consumption Analysis by Application
7 Key Companies Profiled
8 Industrial Oxygen Manufacturing Cost Analysis
9 Marketing Channel, Distributors and Customers
10 Market Dynamics
11 Production and Supply Forecast
12 Consumption and Demand Forecast
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta