Press release
Oxygen Market Worldwide Industry Growth Analysis To 2023
The oxygen market consists of sales of oxygen and related services used in various applications such as steel mills to oxidize unwanted impurities in the steel. Oxygen is also used in the food industry, medical oxygen for respiration and in oxy-acetylene torches. Oxygen is a colorless non-metallic gas which is highly reactive in nature. Oxygen forms oxides with many compounds and other elements. It is widely used for industrial, medical, and scientific applications as an oxidizing agent or as a catalyst.
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Increasing prevalence of various diseases related to breathing problems contributed to the global Oxygen market's growth by increasing use of Oxygen for medical purposes. Diseases such as Chronic Obstructive Pulmonary Disease (COPD) is more prevalent in the geriatric population. COPD is a type of obstructive lung disease that results in long-term breathing problems.
Lack of safety measures adopted while handling Oxygen in industries such as manufacturing, mining etc. limits the growth of the Oxygen market. Though oxygen is not flammable itself, but it can cause other materials to catch fire. Excess contact with liquid oxygen can cause severe skin and eye irritation and burns as well as frostbite.
Oxygen Market Segmentation: -
By Type - The oxygen market can be segmented into
1. Medical Oxygen
2. Industrial Oxygen
3. Others
By Application - The oxygen market can be segmented into
1. Cosmetics
2. Pharmaceutical
3. Automobiles
4. Mining
5. Mineral processing applications
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Few Points From Table Of Content
1. Executive Summary
2. Oxygen Market Characteristics
3. Oxygen Market Size And Growth
4. Oxygen Market Segmentation
5. Oxygen Market Regional And Country Analysis
......
25. Oxygen Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Global Oxygen Market
27. Oxygen Market Trends And Strategies
28. Oxygen Market Future Outlook and Potential Analysis
29. Appendix
The present study exhibits the trends and market dynamics of the oxygen market in major countries - USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world. The report also includes the study of the current issues with consumers and various future opportunities for the market.
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Some of the major key players involved in the oxygen market are Linde Group, Praxair Technology Inc, Air Liquide, Taiyo Nippon Sanso, Yingde Gases, Air Water Inc, Airgas Inc., Guangdong Haute Gas Co. Ltd, Baosteel Metal Co. Ltd.
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