Oxygen Scavenger Market Market: Top Global Companies, Business Insights, Opportunities, Regional Overview, Strategies, and Size Forecast Until 2029

The Oxygen Scavenger Market is growing steadily, driven by demand in food packaging, pharmaceuticals, and oil & gas sectors. Key players like Mitsubishi Gas Chemical, BASF SE, Clariant, and Arkema are innovating solutions to extend product shelf life and enhance safety across industries.
The oxygen scavnger market size is projected to grow from USD 3.03 billion in 2024 to USD 4.32 billion by 2029, registering a CAGR of 7.3% during the forecast period. The report presents a complete assessment of the Market covering future trends, oxygen scavnger market size [https://www.marketsandmarkets.com/Market-Reports/oxygen-scavenger-market-101926191.html?utm_source=abnewswire.com&utm_medium=referral&utm_campaign=oxygenscavenger], share, current growth factors, attentive opinions, facts, and industry-validated market data forecast until 2032. The oxygen scavenger market is experiencing significant growth due to increasing demand from various major economies for different end use industries such as food & beverage, pharmaceutical, power, oil & gas, chemical, paper & pulp and and other end use industries as well. The market for oxygen scavenger is rising globally due to its usage in end-use industries like food & beverage, pharmaceutical and oil & gas especially in emerging economies. Oxygen scavengers can be defined as chemicals used to reduce the level of oxygen in enclosed packages. They are used to extend a product's shelf life and provide safety. These chemicals reduce corrosion in water-handling equipment such as in boiler systems and feedwater systems.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=101926191 [https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=101926191&utm_source=abnewswire.com&utm_medium=referral&utm_campaign=oxygenscavenger]

Organic oxygen scavenger, is expected to be second largest segment by type during the forecast period

Organic oxygen scavengers is further segmented into carbohydrazide and diethylhydroxylamine (DEHA). Organic oxygen scavengers are chemicals generally comprising non-metallic elements. These scavengers are used primarily when the product has to be shipped internationally, and detection of metal-based scavengers can pose problems for the particular product. These products are also used when contact between the iron-based chemicals and the product must be avoided, for example, dietary supplements or products. Organic oxygen scavengers are widely used in food preservation and pharmaceutical applications because they have natural origins and lower toxicity compared to some inorganic alternatives.

Sachets, is expected to be second largest segment by form during the forecast period.

Oxygen scavenger sachets are specialized packaging solutions meant to absorb and eliminate oxygen from sealed environments, protecting the products from oxidation and spoilage. Usually, the sachets contain reactive materials such as iron powder that chemically bind with the oxygen molecules. With a low oxygen level inside the packaging, oxygen scavengers enable the extension of shelf life for food, pharmaceuticals, and other sensitive products. Oxygen scavenger sachets can be added to any type of packaging format like bags, boxes, and containers. They are most appropriately used in active packaging systems wherein the oxygen level needs to be kept as low as possible to protect product integrity. Its usage leads to added safety of the final products as well as minimization of food waste, in a general sense contributing to broader sustainability in packaging.

Pharmaceutical, is expected to be second largest segment by end-use industry during the forecast period.

Oxygen scavengers are used in the pharmaceutical industry to protect the product from moisture, mold, oxygen, loss of quality, and color change. The need for increased shelf life between drug manufacturing and distribution, enabling cost optimization, newer class-based drug formulations, preservation of drug effectiveness, reduced time-to-market, and higher levels of stability are some of the benefits of oxygen scavengers in this industry. Oxygen scavengers maintain low oxygen levels and absorb moisture from the packaging, thus maintaining drug stability and extending their shelf life and quality. These oxygen scavengers are designed to be easily inserted into bottles, cans, and airtight containers. Extremely low oxygen levels are achievable within 24 hours of packaging, even with high permeability packaging commonly used in the pharmaceutical industry.

Get a Sample Copy of This Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=101926191 [https://www.marketsandmarkets.com/requestsampleNew.asp?id=101926191&utm_source=abnewswire.com&utm_medium=referral&utm_campaign=oxygenscavenger]

North America is expected to be the second largest region in the global oxygen scavenger market in terms of value during the forecast period.

Countries considered in the North America region are US, Canada and Mexico. Oxygen scavengers are witnessing increasing demand in the region due to the improving standards of living and rising concerns over minimizing food wastage. The economic development and growth in various countries in this region lead to an expansion in the North American oxygen scavenger market. The increase in industrial activities has helped drive the market for oxygen scavengers. The US is the largest market for oxygen scavengers in North America owing to the large population and shift in demographics such as changing lifestyles, growing demand for convenient foods, and recovering industrial activities.

Oxygen Scavenger Companies [https://www.marketsandmarkets.com/ResearchInsight/oxygen-scavenger-market.asp?utm_source=abnewswire.com&utm_medium=referral&utm_campaign=oxygenscavenger]

To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the oxygen scavenger market. These Mitsubishi Gas Chemical Company, Inc. (Japan), Clariant (Switzerland), Ecolab (US), BASF (Germany), Avient Corporation (US), Veolia (France), Indoram Ventures Public Limited (Thailand), The Sherwin-Williams Company (US), ProFusion Industries (US), Ring Container Technologies (US), and Eastman Chemical Company (US), Multisorb (US), Arkema (France).

Mitsubishi Gas Chemical Company, Inc. is one of the largest producers of oxygen scavengers globally. It operates through two business segments: the green energy & chemicals (formerly known as basic chemicals) and the specialty chemicals business sectors. The company offers oxygen scavengers under its specialty chemicals business segment. The company offers oxygen scavengers under its specialty chemicals business segment. Since establishment the company has evolved into a global leader in the chemical industry, producing a wide range of products from basic chemicals that support industrial foundations to specialty chemicals that enhance everyday life. The company's mission, "Creating value to share with society," underscores its commitment to addressing social issues and contributing to a sustainable future. It caters to the needs of various industries such as automobiles, electronics, life sciences, environment, and pharmaceuticals. The company has its manufacturing facilities in Japan, America, Singapore, Thailand, and Europe and has three R&D facilities in Japan.

Inquire Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=101926191 [https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=101926191&utm_source=abnewswire.com&utm_medium=referral&utm_campaign=oxygenscavenger]

Clariant is a leading specialty chemical company that offers innovative and sustainable solutions for various industries. The company operates through its three business segments: care chemicals, catalysts, and adsorbents & additives. It offers oxygen scavengers under its adsorbents & additives business (formerly known as natural resources). The adsorbents & additives business unit delivers value through sustainability-focused solutions, enabling material circularity and reducing reliance on fossil resources to lower CO2 emissions. Clariant, a leading specialty chemicals company, delivers innovative and sustainable solutions tailored to diverse industries. Its portfolio addresses key global trends, including energy efficiency, renewable resources, emission-free mobility, and resource conservation. It has a presence in North America, South America, Europe, Asia-Pacific, the Middle East & Africa, with 68 production sites and 10 R&D centres worldwide.

Ecolab is a leading provider of water, hygiene, and infection prevention solutions serving customers in over 170 countries. The company caters to various industries such as food & beverage, hospitality, healthcare, pulp & paper, mining & mineral processing, building & facilities, refining, fuel additive & petrochemical, power generation, and chemical processing. The company operates in four business segments: global industrial, global institutional & specialty, global healthcare & life sciences, and others. It provides oxygen scavengers under its global industrial segment which is further segmented into 3 subcategories which are water, food & beverage and paper. Oxygen scavengers fall under water subsegment. Nalco is the subsidiary of Ecolab which provides water related products. Ecolab operates through 32 manufacturing facilities in 14 states in the US. Internationally, they operate 68 manufacturing facilities in 38 countries.

About MarketsandMarkets Trademark

MarketsandMarkets Trademark has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets Trademark is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore Trademark (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

Media Contact
Company Name: MarketsandMarkets Trademark Research Private Ltd.
Contact Person: Mr. Rohan Salgarkar
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=oxygen-scavenger-market-market-top-global-companies-business-insights-opportunities-regional-overview-strategies-and-size-forecast-until-2029]
Phone: 18886006441
Address:1615 South Congress Ave. Suite 103, Delray Beach, FL 33445
City: Florida
State: Florida
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/oxygen-scavenger-market-101926191.html

Legal Disclaimer: Information contained on this page is provided by an independent third-party content provider. ABNewswire makes no warranties or responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you are affiliated with this article or have any complaints or copyright issues related to this article and would like it to be removed, please contact retract@swscontact.com



This release was published on openPR.