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Global Oxygen Market Report 2023 - Market Size, Key Drivers And Top Trends | Linde Group, Praxair Technology Inc., Air Liquide, Taiyo Nippon Sanso, Yingde Gases
Global Oxygen Market Report 2023
As per the oxygen market report by The Business Research Company, the increasing prevalence of various diseases related to breathing problems has contributed to the global oxygen market's growth by increasing the use of oxygen for medical purposes. According to the United Nations (UN), in 2020, there were an estimated 727 million people aged 65 years or over worldwide, and that number is expected to reach 1.5 billion by 2050.
The global oxygen market size will grow from $34.83 billion in 2022 to $39.28 billion in 2023 at a compound annual growth rate (CAGR) of 12.8%. The global oxygen market size is expected to grow from $62.36 billion in 2027 at a CAGR of 12.2%.
Read More On The Oxygen Market Report Here:
https://www.thebusinessresearchcompany.com/report/oxygen-global-market-report
Major competitors in the oxygen market include Linde Group, Praxair Technology Inc., Air Liquide, Taiyo Nippon Sanso, Yingde Gases, Air Water Inc., Airgas Inc., Guangdong Haute Gas Co. Ltd., and Baosteel Metal Co. Ltd.
The oxygen market is segmented -
• By Product Type: Medical Oxygen, Industrial Oxygen, Other Product Types
• By Application: Cosmetics, Pharmaceutical, Automobiles, Mining, Mineral processing applications
• 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.
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Oxygen is a colorless, non-metallic gas that is highly reactive in nature. Oxygen forms oxides with many compounds and other elements. The oxygen is used in various applications, such as steel mills to oxidize unwanted impurities in steel. Oxygen is also used in the food industry, medical oxygen for respiration, and oxy-acetylene torches.
The Table Of Content For The Oxygen Market Include:
1. Executive Summary
2. Oxygen Market Characteristics
3. Oxygen Market Trends And Strategies
4. Oxygen Market - Macro Economic Scenario
5. Oxygen Market Size And Growth
……
26. Africa Oxygen Market
27. Oxygen Market Competitive Landscape And Company Profiles
29. Key Mergers And Acquisitions In The Oxygen Market
29. Oxygen Market Future Outlook and Potential Analysis
30. Appendix
The "Global Oxygen Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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