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

The oxygen market is expected to grow from $26.15 billion in 2020 to $37.29 billion in 2025 at a rate of 7.4%. The oxygen market is then expected to grow at a CAGR of 7.1% from 2025 and reach $52.65 billion in 2030.

Growth of population globally is expected to drive the demand for oxygen going forward.

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The oxygen market consists of the sales of oxygen by entities (organizations, sole traders or partnerships) that manufacture oxygen gas in compressed, liquid, and solid forms. Oxygen is used as medical oxygen for respiration, as industrial gas in different industries, and is also used in oxy-acetylene torches.

Global Oxygen Market Segments Include:

By Product Type: Medical Oxygen, Industrial Oxygen, Others

By Form: Liquid, Gaseous, Compressed

By End-User Industry: Metallurgical Industry, Chemical Industry, Health Care Industry, Other End-Use Industries

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the oxygen market, accounting for 40.6% of the total in 2021.

Oxygen gas manufacturers are adopting advanced manufacturing technologies to increase production and meet delivery challenges.

TBRC’s Oxygen Market Report Covers:

Major Market Players: Air Liquide, The Linde Group, Mitsubishi Chemical Holdings Corporation, Air Products and Chemicals Inc., Yingde Gases.

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 Market Report 2022 is one of a series of new reports from The Business Research Company that provides oxygen market overviews, analyzes and forecasts market size, share, oxygen market players, oxygen market segments and geographies, leading competitor revenues, profiles and market shares.

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

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