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%.
According to its production process, industrial gases can be dived into atmospheric gases and process gases. For atmospheric gases, the raw material is air and the key production unit is air separation plant. Oxygen is mainly produced via air separation plant. When considering the industry oxygen supply mode, three modes are preferred: on-site, bulk/merchant and packaged/cylinder. Each supply mode has its own characteristics and all of industrial gases manufacturers operate their gas business under the three modes. Globally, on-site type oxygen accounts for about 50%
According to this study, over the next five years the Industrial Oxygen market will register a 6.7% CAGR in terms of revenue, the global market size will reach US$ 59700 million by 2024, from US$ 43100 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Industrial Oxygen business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Oxygen market by product type, application, key manufacturers and key regions and countries.
This study considers the Industrial Oxygen value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
On-Site Type
Bulk Type
Cylinder Type
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Steel Industry
Chemical Industry
Copper and Aluminium
Synthesis Gas
Waste Water Treatment
Pulp and Paper Industry
Food & Beverage
Plastic Industry
Semi-Conductors
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Linde Group
Air Liquide
Praxair
Air Products and Chemicals
Taiyo Nippon Sanso
Air Water
Messer
Yingde Gases
SOL
Norco
Gulf Cryo
SIG Gases Berhad
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Industrial Oxygen consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Industrial Oxygen market by identifying its various subsegments.
Focuses on the key global Industrial Oxygen manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Industrial Oxygen with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Industrial Oxygen submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Industrial Oxygen . Industry analysis & Market Report on Industrial Oxygen is a syndicated market report, published as Global Industrial Oxygen Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Industrial Oxygen market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.