Data Bridge Market Research analyses that the industrial oxygen market is expected to undergo a CAGR of 8.50% during the forecast period. This indicates that the market value, which was USD 65,100.00 million in 2021, would rocket up to USD 125,031.34 million by 2029.
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Industrial Oxygen Market Analysis and Size
Industrial oxygen has been widely used in many applications such as in medical, food, metal making, and pharmaceutical sectors, and has also been used in pulp manufacturing. A range of technologies are used to generate high-purity oxygen, including pressure swing adsorption, cryogenic separation, and membrane technology. The use of industrial oxygen in the glass sector also has a large part of the market's demand. The key application areas of industrial oxygen are in oxidation, combustion, and fermentation.
Data Bridge Market Research analyses that the industrial oxygen market is expected to undergo a CAGR of 8.50% during the forecast period. This indicates that the market value, which was USD 65,100.00 million in 2021, would rocket up to USD 125,031.34 million by 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Global Industrial Oxygen Market Scope
The industrial oxygen market is segmented on the basis of product, usage and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
- Product
- Compressed Oxygen Gas
- Liquefied Oxygen
- Usage
- Welding
- Cutting
- Flame Cleaning,
- Steel Production
- Others
- End User
- Automotive and Aerospace
- Chemical Processing
- Energy
Competitive Landscape and Industrial Oxygen Market Share Analysis
The industrial oxygen market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to industrial oxygen market.
Some of the major players operating in the industrial oxygen market are:
- Air Liquide S.A. (France),
- HangZhou Oxygen plant group (China)
- Praxair Technology , (U.S.)
- AIR WATER INC (Japan)
- Linde Plc (Ireland),
- Messer Group (Germany
- SCG (Thailand)
- Taiyo Nippon Sanso Corporation (Japan)
- Air Products Inc. (U.S.)
- Airgas Inc, (U.S.)
- Gulf Cryo (U.A.E.)
- Yingde Gases Group (China),
- Air Products and Chemicals Inc. (U.S.)
- Universal Industrial Gases Inc, (U.S.)
- Axcel Gases (U.S.)
- International Industrial Gases Ltd (India)
- SOL Group (Italy)
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MAJOR TOC OF THE REPORT
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
Chapter Six: Industrial Oxygen Market
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https://www.databridgemarketresearch.com/toc/?dbmr=global-industrial-oxygen-market
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