Oxygen Market Size, Demand, Growth, Analysis and Forecast to 2030

The Oxygen Global Market Report 2020-30 by The Business Research Company describes and explains the global oxygen market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.

The Oxygen Global Market Opportunities And Strategies Report covers oxygen market drivers, oxygen market trends, oxygen market segments, oxygen market growth rate, oxygen market major players, and oxygen market size.

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The oxygen market report focuses particularly on identifying the trends, opportunities, and strategies that can lead to success. O&S reports are available off the shelf and can be delivered to clients on the day of purchase.

Oxygen Global Market Opportunities And Strategies Report is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

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Trends in the market include:

Oxygen Manufacturers Adopting IoT Technology-

Many oxygen manufacturers are adopting IoT (Internet of Things) technologies to connect equipments’ and smart devices to garner real time insights and locate gaps in the manufacturing process. The data obtained is processed, analyzed and interpreted by plant managers and senior level management to improve quality and achieve optimum production levels. For example, smart systems give information on the working condition and performance of chemical reactors with embedded software and analytics tools to notify plant operators and managers on possible machine breakdowns. For instance, some of the major companies adopting IoT include Linde Gases and Air Liquide.

 

Customized Air Separation Plants-

Oxygen gas manufacturers are adopting advanced manufacturing technologies to increase production and meet delivery challenges. Customized multi-train air separation projects can present a number of design and delivery challenges, particularly in remote locations. For instance, Linde’s customized air separation plants are individually designed to deliver the gases in the purities and volumes needed by the company’s customers, and Linde have built such plants even in remote and extremely harsh environments. The company has built 4,000 air separation plants across the globe and many of them are customized that meet customer-specific demands and each plant has oxygen producing capacity of 1,000 tonnes to 5,500 tonnes.

The market is segmented:
By Oxygen Type –

1. a) Medical Oxygen
2. b) Industrial Oxygen
3. c) Others

 

By Application –

1. a) Mineral Processing
2. b) Automobiles
3. c) Healthcare
4. d) Cosmetics
5. e) Mining
6. f) Pharmaceuticals
7. g) Others

 

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