Press release
Oxygen Global Market - Industry Trends and Forecast to (2022-2031) - Top Key Players | Air Liquide, The Linde Group, Mitsubishi Chemical Holdings Corporation,Air Products and Chemicals Inc.,Yingde Gases
According to The Business Research Company's Oxygen market report, the oxygen market size reached a value of nearly $30,242.5 million in 2021, having increased at a compound annual growth rate (CAGR) of 6.0% since 2016. The market is expected to grow from $30,242.5 million in 2021 to $53,791.2 million in 202 6 at a rate of 12.2%. The market is then expected to decline at a CAGR of 11.4% from 2026 and reach $92,141.5 million in 2031.
Growth of population globally is expected to drive the demand for oxygen going forward. An increase in population increases the number of industries and manufacturing companies needed to cater to the large population. According to data from the UN, the world population is expected to reach 9.8 billion by 2050, which will drive the oxygen market.
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The Oxygen market is segmented -
• By Product Type: Medical Oxygen, Industrial Oxygen, Other Product Types.
• By Application: Cosmetics, Pharmaceutical, Automobiles, Mining, Mineral Processing, Healthcare, Other Applications.
• By Form: Compressed, Liquid, Gaseous
• By End-User Industry: Metallurgical Industry, Chemical Industry, Health Care Industry
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Oxygen market.
Major competitors in the Oxygen market include Air Liquide, The Linde Group, Mitsubishi Chemical Holdings Corporation, Air Products and Chemicals Inc.,Yingde Gases
See The Full Oxygen Market Report Here:
https://www.thebusinessresearchcompany.com/report/oxygen-market
The oxygen market consists of the sales of oxygen by entities (organizations, sole traders or partnerships) that manufacture oxygen gas in compressed, liquid, and solid forms. Oxygen is used as medical oxygen for respiration, as industrial gas in different industries, and is also used in oxy-acetylene torches.
Oxygen is generally produced by the air separation technique. Air and electric power are primary raw materials for producing oxygen. Air separation technologies are based on differences in boiling points, molecular weights, molecular size, and other properties. Air separation plants employ two basic types of process technology: cryogenic air separation plants and non-cryogenic separation plants.
The Table Of Content For The Oxygen Market Include:
1. Oxygen Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Table
5. Report Structure
……
23. Competitive Landscape And Company Profiles
24. Key Mergers and Acquisitions In The Market
25. Global Oxygen Market Opportunities And Strategies
26. Oxygen Market, Conclusions And Recommendations
27. Appendix
The Business Research Company's "Global Oxygen Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. 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. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.
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