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Oxygen Market 2022 Latest Insights, Growth Rate, Future Trends And Forecast | Key Players : Air Liquide, The Linde Group, Mitsubishi Chemical Holdings Corporation, Air Products And Chemicals Inc
Oxygen Market
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According to The Business Research Company's oxygen market report, the global 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. The rising urbanization is also expected to contribute to the growth of the market in the forecast period. Globally, urbanization is increasing at a rapid pace. According to the United Nations, by 2050, it is estimated that around 68% of the total world population will live in urban areas.
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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, Other End-Use Industries
• 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.
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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.
The Table Of Content For The Oxygen Market Include:
Table 1: Global Oxygen Market, Historic, 2016 - 2021, $ Million
Table 2: Global Oxygen Market, Forecast, 2021 - 2026, 2031F, $ Million
Table 3: Global Oxygen Market, Segmentation By Product Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
Table 4: Global Oxygen Market, Segmentation By Product Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, $ Million
Table 5: Global Oxygen Market, Segmentation By Application, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
……
Table 210: Global Oxygen Market Size Gain ($ Million), Segmentation By Product Type, 2021 - 2026
Table 211: Global Oxygen Market Size Gain ($ Million), Segmentation By Application, 2021 - 2026
Table 212: Global Oxygen Market Size Gain ($ Million), Segmentation By Form, 2021 - 2026
Table 213: Global Oxygen Market Size Gain ($ Million), Segmentation By End-User Industry, 2021 - 2026
Table 214: Oxygen Market Data Sources
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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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that excels in company, market, and consumer research. Located globally, it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology.
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