Best Prospects In The Global Oxygen Market And Strategies For Growth – Includes Oxygen Market Size
The Business Research Company’s report goes into great detail on the oxygen market size and growth, oxygen market regional analysis, oxygen market competitive landscape, and other critical information needed to excel in the oxygen industry.
Major players in the oxygen market include Air Liquide, The Linde Group, Mitsubishi Chemical Holdings Corporation, Air Products and Chemicals Inc., Yingde Gases.
TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.
The oxygen market is expected to grow from $30.24 billion in 2021 to $53.79 billion in 202 6 at a rate of 12.2%. The market is then expected to decline at a CAGR of 11.4% from 2026 and reach $92.14 billion in 2031.
Asia Pacific was the largest region in the oxygen market, accounting for 45.3% of the total in 2021.
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.
The rapid growth in urbanization and global population, especially in the developing economies, is expected to drive the demand for oxygen going forward.
Oxygen gas manufacturers are adopting advanced manufacturing technologies to increase production and meet delivery challenges.
TBRC’s global oxygen market report is segmented:
By Product Type: Medical Oxygen, Industrial Oxygen, Others
By Application: Cosmetics, Pharmaceutical, Automobiles, Mining, Mineral Processing Applications, Health care, Other Applications
By Form: Liquid, Gaseous, Compressed
By End-User Industry: Metallurgical Industry, Chemical Industry, Health Care Industry, Other End-Use Industries
By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
The Oxygen Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the oxygen market globally and regionally, analyzes and forecasts market size, share, oxygen market players, oxygen market segments, leading competitor revenues, profiles and market shares.
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