Press release
Oxygen Scavengers Market Valued at US$ 2.2 Billion in 2022, Expected to Surpass US$ 3.6 Billion by 2032 with a Steady CAGR of 5% | Fact.MR Report
The global oxygen scavengers market sales are worth US$ 2.2 billion and are projected to cross a revenue value of US$ 3.6 billion by the end of 2032. During the next decade, the oxygen scavengers market is projected to grow at 5% CAGR.Strong demand for packaged food of good quality and fresh food is expected to be a major driver of oxygen scavenger consumption in the next few years. Additionally, the enforcement of stringent food safety regulations and emphasis on minimizing food wastage globally are also likely to benefit oxygen scavenger demand in the future.
Increasing urbanization, growing population, increasing lifestyle habits, and changing consumption patterns towards convenience foods are other drivers that would indirectly affect market potential in the future.
High incidence of chronic diseases has contributed to higher usage of pharmaceuticals and this is likely to drive the application of oxygen scavengers in pharmaceutical packaging in the future. Thriving chemical manufacturing activity globally is also expected to favor the overall demand for oxygen scavengers in the chemical sector until 2032.
For More Insights into the Market, Request a Sample of this Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=7937
Key Takeaways from Market Study:
The global oxygen scavengers market was valued at US$ 2.2 billion in 2022.
The market is projected to reach US$ 3.6 billion by the end of 2032.
The global market is expected to grow at a CAGR of 5% between 2022 and 2032.
The United States accounted for a 25% share of the global oxygen scavengers market in 2022
The metallic segment is forecasted to reach a market value of US$ 1.8 billion by 2032.
The oxygen scavengers market in Canada is expected to grow at a CAGR of 4% from 2022 to 2032.
The non-metallic segment is anticipated to register a CAGR of 5% during the forecast period from 2022 to 2032.
Leading Players Driving Innovation in the Oxygen Scavengers Market:
BASF SE; Baker Hughes; Innospec Inc.; Arkema Group; Clariant; Solvay America Inc.; Kemira; Coventya; Lubchem; Mitsubishi Gas Chemical Company Inc.; Solenis; SUEZ; Accepta Ltd.; Sealed Air Corporation; Ricmar Industries
Country-wise Insights:
There is a strong demand for convenience and packaged foods in the United States and this is expected to be one of the most important factors that drive oxygen scavenger demand in the country.
Adoption of various food safety laws and new food packaging standards recommended by the EPA (Environmental Protection Agency) is also likely to support market potential in the country in the coming years. Currently, U.S. sales of oxygen scavengers represent over 25% of the worldwide market revenue share.
Why Japan & Korea Could Potentially Be Lucrative Markets?
"Strong Chemical Industry to Offer Lucrative Returns"
Japan and Korea have some of the leading chemical manufacturing firms in the world and are home to advanced chemical manufacturing plants. The widespread application of oxygen scavengers in numerous chemical processes and boiler water treatment is likely to propel sales of oxygen scavengers in Japan and Korea in the next few years.
Shifting consumer tastes and increasing consumption of convenience foods are also likely to propagate oxygen scavenger demand in these nations. The Japanese market for oxygen scavengers is projected to develop at a 3% CAGR during the next decade.
Browse Full Report: https://www.factmr.com/report/oxygen-scavengers-market
More Valuable Insights on Offer:
Fact.MR, in its new offering, presents an unbiased analysis of the hexacopter market Block recycling market, presenting historical data for 2020 to 2024 and forecast statistics for 2025 to 2035.
The oxygen scavengers industry is segmented by type, material, end-use industry, and region. Based on type, the market is categorized into organic and inorganic oxygen scavengers. In terms of material, it is divided into metallic and non-metallic segments.
The end-use industries driving demand for oxygen scavengers include food & beverages, pharmaceuticals, power, oil & gas, chemicals, pulp & paper, and other industries. Geographically, the market spans across key regions such as North America, Latin America, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA), reflecting a broad global footprint and diverse industrial application.
Check out More Related Studies Published by Fact.MR Research:
Feedwater Treatment Chemical Market - https://www.factmr.com/report/637/feedwater-treatment-chemicals-market
Chemical Feed System Market - https://www.factmr.com/report/624/chemical-feed-systems-market
Active and Modified Atmospheric Packaging Market - https://www.factmr.com/report/active-and-modified-atmospheric-packaging-market
Boiler Water Treatment Chemicals Market - https://www.factmr.com/report/boiler-water-treatment-chemicals-market
Packaging Additive Market - https://www.factmr.com/report/packaging-additive-market
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Sales Team : sales@factmr.com
Follow Us: LinkedIn | Twitter | Blog
Fact.MR is a distinguished market research company renowned for its comprehensive market reports and invaluable business insights. As a prominent player in business intelligence, we deliver deep analysis, uncovering market trends, growth paths, and competitive landscapes. Renowned for its commitment to accuracy and reliability, we empower businesses with crucial data and strategic recommendations, facilitating informed decision-making and enhancing market positioning.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Oxygen Scavengers Market Valued at US$ 2.2 Billion in 2022, Expected to Surpass US$ 3.6 Billion by 2032 with a Steady CAGR of 5% | Fact.MR Report here
News-ID: 3978690 • Views: …
More Releases from Fact.MR Market Research

Undecylenic Acid Market Is Expected To Grow At A CAGR Of 4% During The Forecast …
Undecylenic acid, an unsaturated fatty acid derived from castor oil, is recognized for its antifungal properties. It is widely used in medical treatments for skin infections, as well as in the production of cosmetics and personal care products. The market is projected to witness higher single-digit growth globally during the forecast period, with regions like North America and Europe leading in volume, while the Middle East and Africa (MEA) are…

Whey Cheese Market to Reach USD 21.6 Billion by 2035 Amid Rising Demand for Func …
The global whey cheese market is witnessing remarkable growth, driven by increasing consumer preference for protein-rich, functional, and sustainable dairy products. According to recent research, the market is expected to reach USD 21.6 billion by 2035, up from USD 10.5 billion in 2024, marking a robust compound annual growth rate (CAGR) of 6.8% during the forecast period from 2025 to 2035.
Rising Demand for Functional and Protein-Rich Foods Fuels Market Expansion
The…

Enzyme-Enhanced Ingredients Market to Reach USD 11,657 Million by 2035, Driven b …
The global enzyme-enhanced ingredients market is poised for remarkable growth, with the industry projected to reach USD 11,657 million by 2035, up from USD 5,955 million in 2024. This expansion is expected to occur at a robust compound annual growth rate (CAGR) of 6.5% between 2025 and 2035.
The surge in demand is primarily driven by the rising adoption of enzyme-based solutions across food, beverage, and nutraceutical industries, alongside an…

Glycine Market Set to Reach USD 2,825.8 Million by 2035, Driven by Expanding App …
The global glycine market is poised for remarkable growth over the next decade, with market value projected to surge from USD 1,356.4 million in 2024 to USD 2,825.8 million by 2035.
During the forecast period from 2025 to 2035, the industry is expected to expand at a robust CAGR of 6.9%, reflecting the increasing demand for this versatile amino acid across multiple end-use sectors. Glycine, the simplest amino acid, is…
More Releases for Oxygen
Major Market Shift in Automotive Oxygen Sensor Industry: Advancements In Wideban …
What Is the Forecasted Market Size and Growth Rate for the Automotive Oxygen Sensor Market?
The market size for automotive oxygen sensors has seen robust growth in the past few years. It is projected to increase from a value of $8.44 billion in 2024 to approximately $9.12 billion in 2025 with a Compound Annual Growth Rate (CAGR) of 8.0%. This growth trend in the historic period could be due to the…
Ultrasonic Oxygen Sensor Market, Ultrasonic Oxygen Sensor Market Size, Ultrasoni …
Fairfield Market Research offers a complete understanding of the Global Ultrasonic Oxygen Sensor Market in its latest research report. The report includes an unbiased analysis of the market dynamics. The report covers growth prospects, market development potential, product profitability, supply and demand curves and predictions, and government policies. The report has been put together using reliable tools to assess the primary and secondary data. The data is represented in the…
Factors Driving Medical Oxygen Concentrators and Oxygen Cylinders
Medical Oxygen Concentrators and Oxygen Cylinders Market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in…
International Portable Oxygen Concentrators Market Growth Analysis, Strategies, …
Syndicate Market Research recently launched a study report on the global Portable Oxygen Concentrators market project light on the significant drifts and vigorous cannon into the evolution of the trade, which includes the restraints, market drivers, and opportunities. The report talks about the competitive environment prevailing in the Portable Oxygen Concentrators market worldwide. The report lists the key players in the market and also provides insightful information about them such…
What's driving the Consumer Oxygen Equipment Market trends? Boost Oxygen , Oxyge …
Market Study Report delivers significant information and realistic data of the Consumer Oxygen Equipment market . The report presents a deep study of the market growth factors and drivers. In-depth research of the Consumer Oxygen Equipment Market limitations and the opportunities enable the user to make the future projection.
Scope of the Report:
The worldwide market for Consumer Oxygen Equipment is expected to grow at a CAGR of roughly over the next…
Oxygen Conservation Devices Market, By Product Type (Pneumatic Oxygen Conserver …
Oxygen conservation devices are mainly of two types – pneumatic oxygen conservation devices and electronic oxygen conservation devices. Pneumatic oxygen conservation devices use high pressure of oxygen gas and do not require any external power source such as battery, whereas electronic oxygen conservation devices are battery supported. For instance, Invacare’s Invacare Pneumatic Oxygen Conserver is a pneumatic oxygen conservation device, which has an on and off selector knob coupled with…