Learn about the global oxygen scavenger market through The Business Research Company, which provides information on oxygen scavenger market size, oxygen scavenger market drivers and restraints, oxygen scavenger market players, the COVID-19 impact on the oxygen scavenger market, and more.

The global oxygen scavengers’ market size is expected to grow from $2.03 billion in 2021 to $2.22 billion in 2022 at a compound annual growth rate (CAGR) of 9.4%. The global oxygen scavengers’ market size is expected to reach $2.81 billion in 2026 at a CAGR of 6.1%.

Increasing demand from the food and beverage industry is expected to propel the growth of the oxygen scavengers market going forward.

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The oxygen scavengers market consists of sales of oxygen scavengers by entities (organizations, sole traders, and partnerships) that are used to reduce or completely remove oxygen in fluids and enclosed spaces to stop oxygen-induced corrosion. Oxygen scavengers are chemical substances that are also called oxygen absorbers. Oxygen scavengers increase the period of service life of the components under protection.

Global Oxygen Scavenger Market Segments Include:

By Type: Metallic, Non-Metallic

By Composition: Organic, Inorganic

By Form: Sachets, Canisters, Bottle Caps And Labels, OS Films And Pet Bottles, Liquid, Powder

By End-User Industry: Food And Beverage, Pharmaceutical, Power, Oil And Gas, Chemical, Pulp And Paper

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the oxygen scavenger market in 2021.

The introduction of new oxygen scavenger additives for polyester packaging has emerged as a key trend gaining popularity in the oxygen scavenger market. Major companies operating in the oxygen scavenger are focused on developing new additives for polyester packaging to meet consumer demand and reinforce their position.

TBRC’s Oxygen Scavenger Market Report Covers:

Major Market Players: Mitsubishi Gas Chemical Company Inc., BASF SE, Clariant, Ecolab, Accepta Ltd., Arkema Group, Eastman Chemical Company, PolyOne Corporation, Henkel AG & Co. KGaA, Lonza, Aditya Birla Chemicals, ESSECO UK LIMITED, Kuraray Co. Ltd., MCC Chemicals, DOW Chemical Company, Conventya Inc., and Chemco Industries Inc.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Oxygen Scavenger Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides oxygen scavenger market overviews, analyzes and forecasts market size, share, oxygen scavenger market players, oxygen scavenger market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s oxygen scavenger market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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