Oxygen Market (Updated Version Available)

Oxygen is a chemical element with symbol O and atomic number 8. It is a member of the chalcogen group on the periodic table and is a highly reactive nonmetal and oxidizing agent that readily forms oxides with most elements as well as other compounds. By mass, oxygen is the third-most abundant element in the universe, after hydrogen and helium. At standard temperature and pressure, two atoms of the element bind to form dioxygen, a colorless and odorless diatomic gas with the formula O2. This is an important part of the atmosphere and diatomic oxygen gas constitutes 20.8% of the Earth's atmosphere. Additionally, as oxides the element also makes up almost half of the Earth's crust.
Major factors driving growth of this market include the stable development of metallurgy, ceramics, glass, medical and other industries, the improvement of Oxygen-generating Technology, Decline in production costs, The currently promoting energy-saving and emission-reduction by government.

Asia-Pacific market is expected to become the fastest growing market, increasing product availability is the key point.
Asia-Pacific is poised to grow at the highest CAGR during the forecast period owing to Rapid development of metallurgy, medical treatment and chemical industry, increasing environmental awareness in this region, and rising focus of prominent players on the APAC market increasing technology level.

The average price will fall further
The product average price declined in the past few years due to the technology development, the average price will keep this trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials. Strong market competition is resulting in annual 3 percent price erosion.

Applied to the Medical areas will become a new growth point

Increasing demand for safe and user-friendly technologies, and geriatric population growth with long-term respiratory disorders is expected to global medical oxygen market size over the forecast period. In terms of geography, developed markets of the U.S. and Europe will continue witnessing steady demand, while market will largely be driven by Asia Pacific during forecast period.


The report offers detailed coverage of Oxygen industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Oxygen by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Oxygen market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Oxygen market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Linde Group
AirLiquide
Praxair
Air Product
Taiyo Nippon Sanso
Airgas
MESSER
Air Water
Yingde Gases
HANGZHOU HANGYANG
SCGC
Baosteel Gases
Foshan Huate

At the same time, we classify Oxygen according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Medical Oxygen
Industrial Oxygen
Others
Market by Application
Metallurgical Industry
Chemical Industry
Medical
Others

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Oxygen market for the forecast period 2021 - 2025?
• What are the driving forces in the Oxygen market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Oxygen industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?