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Oxygen Scavenger Market to Witness Huge Growth by Key Players: Mitsubishi Gas Chemical Company, Inc, BASF SE, Clariant AG, Ecolab Inc, SUEZ Water Technologies & Solutions

09-13-2021 01:02 PM CET | Industry, Real Estate & Construction

Press release from: ReportsnReports

Global Oxygen Scavenger Market 2021-2026, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. An exclusive data offered in this report is collected by research and industry experts team.

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The global oxygen scavenger market size is projected to reach USD 2.9 billion by 2026 from USD 2.2 billion in 2021, at a CAGR of 5.5% during the forecast period. This report spread across 224 Pages, Profiling 10 Companies and Supported with 220 Tables and 45 figures are now available in this research.

Top Companies Profiled in the Oxygen Scavenger Market:
• Mitsubishi Gas Chemical Company Inc.(Japan)
• BASF SE (Germany)
• Clariant AG (Switzerland)
• Ecolab Inc. (US)
• SUEZ Water Technologies & Solutions (US)
• Accepta (UK)
• Arkema Group (France)

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Inorganic oxygen scavengers are extensively used in food & beverage and water treatment applications. The inorganic oxygen scavengers segment is the largest, which is projected to continue till 2026. The key growth driver of the high consumption of these oxygen scavengers is their use by the food & beverage industry in packaging applications to achieve better quality and longer shelf life.

Food & beverage is the largest end-use industry of the oxygen scavengers market owing to the enhanced requirement for better quality packaged food items, growth in demand for convenient foods, reduction in food wastage, and rising urbanization in the emerging economies. These chemicals keep the processed foods fresh for a longer time and increase the shelf life of the products.

APAC is the fastest-growing market for oxygen scavengers. This growth is mainly owing to economic advancement of emerging economies, such as India, China, Indonesia, Malaysia, Singapore, Vietnam, and Thailand, in the region, where consumption for packaged and convenient food products are growing annually. Furthermore, increase in population and growing urbanization rate are also driving the market for quality processed food products and boosting oxygen scavenger consumption.

Competitive Landscape of Oxygen Scavenger Market:
1 Overview
1.1 Oxygen Scavenger Market, Key Developments
2 Revenue Analysis
2.1 Oxygen Scavenger Market
3 Market Share Analysis
4 Ranking Analysis Of Key Market Players, 2020
4.1 Mitsubishi Gas Chemical Company, Inc.
4.2 Basf Se
4.3 Ecolab
4.4 Clariant Ag
4.5 Suez Water Technologies & Solutions
5 Competitive Evaluation Quadrant (Tier 1)
5.1 Terminology/Nomenclature
5.1.1 Star
5.1.2 Pervasive
5.1.3 Emerging Leader
5.2 Strength Of Product Portfolio
5.3 Business Strategy Excellence
6 Competitive Evaluation Quadrant (Other Key Players)
6.1 Terminology/Nomenclature
6.1.1 Progressive Companies
6.1.2 Responsive Companies
6.1.3 Dynamic Companies
6.2 Strength Of Product Portfolio (Other Key Players)
6.3 Business Strategy Excellence (Other Key Players)
6.4 Company Footprint
6.5 Company Type Footprint
6.6 Company End-Use Footprint
6.7 Company Region Footprint
7 Competitive Scenario And Trends
7.1 Oxygen Scavenger Market
7.1.1 Product Launches
7.1.2 Deals

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Research Coverage:
This report covers the oxygen scavenger market and forecasts its market size until 2026. The market has been segmented based on type, end-use industry, and region. The report also provides detailed information on company profiles and competitive strategies adopted by the key players to strengthen their positions in the market. The report also provides insights into the driving and restraining factors in the oxygen scavenger market, along with opportunities and challenges across these industries.

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ReportsnReports provides customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.

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