Oxygen Market – Global Industry Analysis and Trends (2022-2027) Key Trends, Technology Trends, Market Share, Market Size

Oxygen Market size was valued at US$ 27.26 Bn. in 2021 and the total revenue is expected to grow at 7.98% through 2022 to 2027, reaching nearly US$ 43.21 Bn.

Oxygen Market Overview:

Oxygen is used in oxy-acetylene torches and as medicinal oxygen for respiration. It is also employed as an industrial gas in several industries. Oxygen is a non-metallic, colourless gas that is extremely reactive in nature. Oxygen reacts with a variety of chemicals and other elements to generate oxides. It is commonly utilised as an oxidising agent or a catalyst in industrial, medical, and scientific applications. Oxygen comes in a variety of forms, including cylinders, spray cans, and containers. Global Oxygen Market To know about the Research Methodology :- Request Free Sample Report 2021 is considered as a base year to forecast the market from 2021 to 2027. 2021’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years trends are considered while forecasting the market through 2027.

Oxygen Market Dynamics:

The significant growth of industries that use oxygen for operations, such as agriculture, autos, drinks, chemicals, construction equipment, food, glass, medicine, shipbuilding, space explorations, steel manufacturing, and so on, has resulted in an increase in oxygen demand around the world. The chemical industry's diverse uses of oxygen as an oxidising agent and catalyst are propelling the oxygen market forward. The use of oxygen in mining and mineral processing improves production processes while lowering production costs. Consequently, the COVID-19 pandemic has a direct influence on the oxygen market, as evidenced by the worldwide shortage of ventilators. To alleviate the scarcity, biomedical engineers and scientists created interim systems that mimicked the basic functioning of ventilators utilising existing devices such as oxygen concentrators, anaesthetic machines, PAP devices, and manual resuscitators. The market is estimated to be restrained by increased knowledge and adoption of alternative products such as oxygen converters. Technological advancements are permitting the introduction of one-of-a-kind oxygen supply items, which will put a brake on the oxygen gas market. The Inogen One G5, a portable oxygen generator, was recently released by Inogen Inc., a medical technology company that creates unique respiratory solutions for use in the homecare context. Demand for portable oxygen for homecare is on the rise: The market is likely to be driven by rising demand for portable oxygen fueled by home healthcare. A portable oxygen concentrator is a medical gadget that assists people who have low blood oxygen levels. The gadget is used to offer oxygen treatment to persons who need higher oxygen concentrations than what is found in the ambient air. An increasing prevalence of chronic obstructive pulmonary disease, greater consumer awareness of oxygen treatment equipment, a changing consumer lifestyle, and a surge in manufacturing companies' investment in homecare products are all factors driving demand for portable oxygen concentrators. Manufacturers of oxygen are using Internet of Things (IoT) technology: Many oxygen producers are implementing IoT (Internet of Things) technology to connect equipment and smart devices in order to gain real-time information and pinpoint manufacturing flaws. Plant managers and senior management process, analyse, and interpret the data in order to enhance quality and attain optimal production levels. Smart systems, for example, use embedded software and analytics tools to provide information on the functioning state and performance of chemical reactors, alerting plant operators and managers to potential machine malfunctions. Linde Gases and Air Liquide, for example, are two prominent corporations that have used IoT. Air Separation Plants that are designed: Advanced manufacturing technologies are being used by oxygen gas makers to enhance production and satisfy delivery deadlines. Customized multi-train air separation projects, especially in distant areas, can pose a number of design and delivery issues. Linde's bespoke air separation plants, for example, are custom-designed to supply gases in the purities and volumes required by the company's customers, and Linde has built such plants in remote and difficult situations. The company has built 4,000 air separation units around the world, many of which are customised to fit customer-specific needs, with oxygen production capacities ranging from 1,000 to 5,500 tonnes per plant.

Oxygen Market Segment Analysis:

Based on the Form, the global Oxygen market is sub-segmented into Solid, Liquid and Gaseous. The Gaseous segment held the largest market share of xx% in 2021 and it is expected to grow at CAGR of xx% during the forecast period. Oxygen gas is utilized to treat patients with carbon monoxide poisoning. Breathing devices made from oxygen are used in hospitals to treat patients, likewise by mountaineers and scuba divers. Oxygen MarketBased on the End-Users, the global Oxygen market is sub-segmented into Industrial, Medical and Scientific. The Medical segment held the largest market share of xx% in 2021 and it is expected to grow at a highest CAGR of 5.2% in the global oxygen market during the forecast period. Medical oxygen segment propelled by growing occurrence of respiratory diseases. Additionally, high growth in the geriatric population is more subject to cardiovascular disorders and lung diseases because low immunity is expected to enhance the segment growth during the forecast period. The growing requirement for home healthcare facilities, better medical services, and growth in technological developments is further driving the segment demand. Oxygen Market

Oxygen Market Regional Insights:

Asia Pacific dominates the Global Oxygen market during the forecast period 2022-2027. Asia Pacific held the largest market share of 42% in 2021. Due to strong growth in the industrial and healthcare industries. The growth of the oxygen market in Asia Pacific is aided by rising increase in mineral and mining activities, of which oxygen is the primary catalyst. China, Japan, India, Australia, and New Zealand are all driving to the region's oxygen growth strategy. North America now has a large amount of the total market share and is expected to continue to grow rapidly in the coming years, thanks to widespread adoption of high-purity industrial oxygen across all end-user economies in the region. The objective of the report is to present a comprehensive analysis of the global Oxygen Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also helps in understanding the global Oxygen Market dynamic, structure by analyzing the market segments and project the global Oxygen Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Oxygen Market make the report investor’s guide.

Oxygen Market Scope: Inquire before buying

Global Oxygen Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2027
Historical Data: 2017 to 2021 Market Size in 2021: US$ 27.26 Bn.
Forecast Period 2022 to 2027 CAGR: 7.98% Market Size in 2027: US$ 43.21 Bn.
Segments Covered: by Form • Solid • Liquid • Gaseous
by Application • Cosmetics • Pharmaceutical • Automobiles • Mining And Mineral   Processing
by End-Users • Industrial • Medical • Scientific

Oxygen Market, by Region

• North America • Europe • Asia Pacific • South America • Middle East and Africa

Oxygen Market Key Players:

• Linde Group • Praxair Technology Inc • Air Liquide • Taiyo Nippon Sanso • Yingde Gases • Air Water Inc. • Airgas Inc. • Guangdong Haute Gas Co. Ltd • Baosteel Metal Co. Ltd. • Air Products and Chemicals Inc. • Mitsubishi Chemical Holdings Corporation • Gulf Cryo • Norco, Inc., • SOL S.p.A, • The Messer Group GmbH, • Getinge AB • Hersill SL • Koninklijke Philips N.V • Smiths Group plc. Frequently Asked Questions: 1. Which region has the largest share in Global Oxygen Market? Ans: Asia-Pacific region holds the highest share in 2021. 2. What is the growth rate of Global Oxygen Market? Ans: The Global Oxygen Market is growing at a CAGR of 7.98% during forecasting period 2022-2027. 3. What is scope of the Global Oxygen market report? Ans: Global Oxygen Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Oxygen market? Ans: The important key players in the Global Oxygen Market are – Linde Group, Praxair Technology Inc, Air Liquide, Taiyo Nippon Sanso, Yingde Gases, Air Water Inc., Airgas Inc., Guangdong Haute Gas Co. Ltd. 5. What is the study period of this market? Ans: The Global Oxygen Market is studied from 2021 to 2027.
1.Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Oxygen Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2021 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the 3D Printing Materials 3.4. Geographical Snapshot of the 3D Printing Materials, By Manufacturer share 4. Global Oxygen Market Overview, 2021-2027 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Forms 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global 3D Printing Materials 5. Supply Side and Demand Side Indicators 6. Global Oxygen Market Analysis and Forecast, 2021-2027 6.1. Global Oxygen Market Size & Y-o-Y Growth Analysis. 7. Global Oxygen Market Analysis and Forecasts, 2021-2027 7.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 7.1.1. Solid 7.1.2. Liquid 7.1.3. Gaseous 7.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 7.2.1. Cosmetics 7.2.2. Pharmaceutical 7.2.3. Automobiles 7.2.4. Mining And Mineral Processing 7.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2027 7.3.1. Industrial 7.3.2. Medical 7.3.3. Scientific 8. Global Oxygen Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2021-2027 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Oxygen Market Analysis and Forecasts, 2021-2027 9.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 9.1.1. Solid 9.1.2. Liquid 9.1.3. Gaseous 9.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 9.2.1. Cosmetics 9.2.2. Pharmaceutical 9.2.3. Automobiles 9.2.4. Mining And Mineral Processing 9.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2027 9.3.1. Industrial 9.3.2. Medical 9.3.3. Scientific 10. North America Oxygen Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2021-2027 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Oxygen Market Analysis and Forecasts, 2021-2027 11.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 11.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 11.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2027 12. Canada Oxygen Market Analysis and Forecasts, 2021-2027 12.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 12.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 12.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2027 13. Mexico Oxygen Market Analysis and Forecasts, 2021-2027 13.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 13.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 13.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2027 14. Europe Oxygen Market Analysis and Forecasts, 2021-2027 14.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 14.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 14.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2027 15. Europe Oxygen Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2021-2027 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Oxygen Market Analysis and Forecasts, 2021-2027 16.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 16.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 16.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2027 17. France Oxygen Market Analysis and Forecasts, 2021-2027 17.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 17.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 17.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2027 18. Germany Oxygen Market Analysis and Forecasts, 2021-2027 18.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 18.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 18.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2027 19. Italy Oxygen Market Analysis and Forecasts, 2021-2027 19.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 19.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 19.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2027 20. Spain Oxygen Market Analysis and Forecasts, 2021-2027 20.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 20.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 20.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2027 21. Sweden Oxygen Market Analysis and Forecasts, 2021-2027 21.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 21.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 21.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2027 22. CIS Countries Oxygen Market Analysis and Forecasts, 2021-2027 22.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 22.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 22.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2027 23. Rest of Europe Oxygen Market Analysis and Forecasts, 2021-2027 23.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 23.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 23.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2027 24. Asia Pacific Oxygen Market Analysis and Forecasts, 2021-2027 24.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 24.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 24.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2027 25. Asia Pacific Oxygen Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2021-2027 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Oxygen Market Analysis and Forecasts, 2021-2027 26.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 26.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 26.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2027 27. India Oxygen Market Analysis and Forecasts, 2021-2027 27.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 27.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 27.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2027 28. Japan Oxygen Market Analysis and Forecasts, 2021-2027 28.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 28.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 28.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2027 29. South Korea Oxygen Market Analysis and Forecasts, 2021-2027 29.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 29.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 29.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2027 30. Australia Oxygen Market Analysis and Forecasts, 2021-2027 30.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 30.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 30.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2027 31. ASEAN Oxygen Market Analysis and Forecasts, 2021-2027 31.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 31.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 31.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2027 32. Rest of Asia Pacific Oxygen Market Analysis and Forecasts, 2021-2027 32.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 32.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 32.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2027 33. Middle East Africa Oxygen Market Analysis and Forecasts, 2021-2027 33.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 33.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 33.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2027 34. Middle East Africa Oxygen Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2021-2027 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Oxygen Market Analysis and Forecasts, 2021-2027 35.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 35.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 35.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2027 36. GCC Countries Oxygen Market Analysis and Forecasts, 2021-2027 36.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 36.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 36.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2027 37. Egypt Oxygen Market Analysis and Forecasts, 2021-2027 37.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 37.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 37.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2027 38. Nigeria Oxygen Market Analysis and Forecasts, 2021-2027 38.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 38.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 38.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2027 39. Rest of ME&A Oxygen Market Analysis and Forecasts, 2021-2027 39.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 39.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 39.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2027 40. South America Oxygen Market Analysis and Forecasts, 2021-2027 40.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 40.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 40.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2027 41. South America Oxygen Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2021-2027 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Oxygen Market Analysis and Forecasts, 2021-2027 42.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 42.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 42.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2027 43. Argentina Oxygen Market Analysis and Forecasts, 2021-2027 43.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 43.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 43.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2027 44. Rest of South America Oxygen Market Analysis and Forecasts, 2021-2027 44.1. Market Size (Value) Estimates & Forecast By Form, 2021-2027 44.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 44.3. Market Size (Value) Estimates & Forecast By End-Users, 2021-2027 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Oxygen Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Fiber Forms and R&D Investment 45.2.2. New Form Launches and Form Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Linde Group 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Form Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Praxair Technology Inc 45.3.3. Air Liquide 45.3.4. Taiyo Nippon Sanso 45.3.5. Yingde Gases 45.3.6. Air Water Inc. 45.3.7. Airgas Inc. 45.3.8. Guangdong Haute Gas Co. Ltd 45.3.9. Baosteel Metal Co. Ltd. 45.3.10. Air Products and Chemicals Inc. 45.3.11. Mitsubishi Chemical Holdings Corporation 45.3.12. Other Key Players 46. Primary Key Insights

About This Report

Report ID 101829
Category Material & Chemical
Published Date May 2021
Updated Date April 2022
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