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Oxygen Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2021 – 2025
Oxygen Market
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The global oxygen market is expected to grow from $26.15 billion in 2020 to $27.26 billion in 2021 at a compound annual growth rate (CAGR) of 4.2%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $37.29 billion in 2025 at a CAGR of 8%.
The Business Research Company offers Oxygen Global Market Report 2021" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.
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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 colorlesscolourless 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. Oxygen is available in cylinders, spray cans and containers etc.
Some of the 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.
The countries covered in the global Oxygen market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global Oxygen market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Oxygen Market Segmentation:
By Product Type
1. Medical Oxygen
2. Industrial Oxygen
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A Few Points From The Table Of Contents
1. Executive Summary
2. Oxygen Market Characteristics
3. Oxygen Market Trends And Strategies
4. Impact Of COVID-19 On Oxygen
5. Oxygen Market Size And Growth
……
26. Africa Oxygen Market
27. Oxygen Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Oxygen Market
29. Oxygen Market Future Outlook and Potential Analysis
30. Appendix
The report covers the trends and market dynamics of the Oxygen Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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