Why the Oxygen Scavengers Market is set to Trend? Top Companies: Mitsubishi Gas Chemical Company, Inc., Henkel AG & Co. KGaA, SUEZ Water Technologies & Solutions, Arkema, Sealed Air Corporation, Solenis LLC

Market Study Report Has Added A New Report On Oxygen Scavengers Market That Provides A Comprehensive Review Of This Industry With Respect To The Driving Forces Influencing The Market Size. Comprising The Current And Future Trends Defining The Dynamics Of This Industry Vertical, This Report Also Incorporates The Regional Landscape Of Oxygen Scavengers Market In Tandem With Its Competitive Terrain.

Oxygen Scavenger Market is likely to surpass USD 3 billion by 2025 with a CAGR of 4.8%.

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Rising need for food preservation and shelf life maintenance is likely to trigger the sales of oxygen scavengers within the forecast period. The popularity of product is rising rapidly owing to its astounding benefits, it provides protection from oxygen & moisture and minimizes the risk of microbiological contamination. The product aids in preserving the structure, taste and odor of food & beverages while avoiding wastage. Consumers are leaning towards ready to eat packaged foods due to time constraints and ease of convenience. Such trends will positively influence the consumption of packaged foods & beverages thereby propelling overall industry.

In industrial boilers, maintaining optimum boiler efficiency is of crucial importance. Dissolved oxygen in feed water creates serious issues by damaging boiler components and generating unnecessary breakdowns. If left uncontrolled, oxygen causes pitting of metal leading to rust formation. Hence, use of oxygen scavengers is necessary along with deaerators to maintain desired operational efficiency. Rapid industrialization and growth of manufacturing sector will facilitate the growth of boiler industry. Emphasis on reducing repair & maintenance costs and enhancing productivity will compel industrial manufacturers to opt for the product. These aforementioned trends will boost the consumption of the product during the forecast time period.

Risk of possible rupture of oxygen scavenging sachets and accidental ingestion of oxygen scavenging materials along with food may affect consumer popularity in near future. In addition, some of the oxygen absorbers used for boiler feed treatment are harmful. This in turn may hinder the oxygen scavenger market between 2019 to 2025.

Oxygen scavenger market is segmented on the basis of composition, form and end-user. Organic segment will clutch over 35% volume share by 2025. Innovation trends are likely to drive the growth of this segment in upcoming years.

Sachets, canisters bottle caps & labels will grow at a CAGR over 5.0% at the end of forecast period. Ease of usability and superior oxygen reducing performance will bolster the growth of oxygen scavenging sachets & labels. Powder segment will capture more than USD 800 million by 2025 owing to wide range of applications in boiler industry for water treatment.

Food & beverage and pharmaceutical sectors exhibit promising future trends due to rising popularity of active packaging. Power generation will grow over a 3.5% CAGR between 2019 to 2025.

North America will register around one-fourth of volume share at the end of 2025. The strong growth is primarily attributable to rapidly developing pharmaceutical sector. Research and development activities coupled with huge government spending will boost pharmaceutical production in upcoming years. It will assist in the growth of regional market as they are widely used for packaging of tablets and capsules.

The key manufacturers in the global market are Mitsubishi Gas Chemical Company, Inc., Henkel AG & Co. KGaA, SUEZ Water Technologies & Solutions, Arkema, Sealed Air Corporation, Solenis LLC, etc.

Oxygen scavengers market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in kilo tons and revenue in USD million from 2014 to 2025, for the following segments:

Oxygen Scavenger Market by Composition

Organic

Inorganic

Oxygen Scavenger Market by Form

Sachets, canisters, bottle caps & labels

OS films & PET bottles

Liquid form

Powder form

Oxygen Scavenger Market by End-user

Food & beverage

Pharmaceutical

Oil & gas

Power generation

Others

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Report Content

Chapter 1. Methodology and Scope

1.1. Methodology

1.2. Market definition

1.3. Market estimation & forecast parameters

1.4. Data sources

1.4.1. Primary

1.4.2. Secondary

1.4.2.1. Paid sources

1.4.2.2. Public sources

Chapter 2. Executive Summary

2.1. Oxygen scavenger market 360 degree synopsis, 2014 - 2025

2.1.1. Business trends

2.1.2. Composition trends

2.1.3. Form trends

2.1.4. End-user trends

2.1.5. Regional trends

Chapter 3. Oxygen Scavenger Industry Insights

3.1. Industry segmentation

3.2. Industry size and forecast, 2014 - 2025

3.3. Industry ecosystem analysis

3.3.1. Profit margin analysis

3.3.2. Value addition at each stage

3.3.3. Distribution channel analysis

3.3.4. Vendor matrix

3.3.4.1. List of key manufacturers

3.3.4.2. List of key customers

3.4. Industry megatrends

3.5. Innovation & sustainability

3.5.1. Patent analysis

3.5.2. Technology landscape

3.5.3. Future trends

3.6. Industry impact forces

3.6.1. Growth drivers

3.6.1.1. Presence of a mature and developing pharmaceutical sector in North America and Europe

3.6.1.2. Rising demand from European and Asia Pacific food & beverage packaging sector

3.6.1.3. Gradual revival of the oil & gas sector

3.6.2. Industry pitfalls & challenges

3.6.2.1. Health hazards associated with some oxygen scavenger chemicals

3.6.2.2. General inconvenience associated with oxygen scavenger sachets in food packaging

3.7. Regulatory landscape

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