Market Overview:
The global high purity oxygen gas market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for high purity oxygen gas from various end-use industries, such as metallurgical industry, chemical industry, medical and others. In terms of type, the market has been segmented into 99.9~99.95% high purity oxygen gas and above 99.95% high purity oxygen gas segments.
Product Definition:
High Purity Oxygen Gas is a gas that has been purified to remove impurities. It is often used in medical and industrial applications.
99.9~99.95% High Purity Oxygen Gas:
Oxygen is a vital component in the high-purity oxygen gas market. It plays an important role in various end-use industries such as oil & gas, chemical processing, metal extraction and others. 99% of the produced oxygen contains around 98% Oxygen plus 0.1% nitrogen which is used for manufacturing various products such as water treatment chemicals, organic chemicals and many more industrial applications.
Above 99.95% High Purity Oxygen Gas:
Oxygen is a chemical element that is naturally present in the atmosphere. However, due to the low percentage of oxygen (O2) in earth's atmosphere, humans and other organisms are required to supplement it by collecting it from air or creating artificial environments/atmospheres with higher O2 concentrations. Oxygen gas can be produced through various methods including natural gas capture, production from biomass or coal combustion and industrial processes such as ironworks blast furnace and steelmaking.
Application Insights:
The others application segment includes applications such as pharmaceutical, food and beverage, textile industry. The demand for high purity oxygen gas in these industries is driven by the requirement of pure O2 for manufacturing various industrial chemicals. In addition, it also drives the market through its use in medical and metallurgical processes.
High purity oxygen is used extensively across several end-use industries including oil & gas, pulp & paper and textiles on a global scale owing to their ability to deliver superior performance with low maintenance costs over other gases such as nitrogen or carbon dioxide.
Regional Analysis:
Asia Pacific emerged as the leading regional market in 2017 and accounted for over 40% of the global revenue share. The region is expected to continue its dominance over the forecast period owing to increasing demand from various end-use industries, such as metallurgical, chemical and others. China led Asia Pacific high purity oxygen gas market with a consumption volume of 890 kilotons in 2017. Increasing investments by major players coupled with favorable government policies are anticipated to drive growth in this region.
In North America, UHPG has been approved by Health Canada under Controlled Drugs & Substances Act (CDSA) since Oxygen Programmed Chemical Inc.
Growth Factors:
- Increasing demand for high purity oxygen gas in various end-use industries such as medical, metallurgy, and chemical processing is expected to drive the market growth.
- Growing investments in research and development activities for the production of high purity oxygen gas is another key factor that would fuel the market growth over the forecast period.
- Rising awareness about the benefits of using high purity oxygen gas across different end-use industries is anticipated to create new opportunities for market players.
- Technological advancements in production processes are likely to boost the demand for high purity oxygen gas in near future.
Scope Of The Report
Report Attributes
Report Details
Report Title
High Purity Oxygen Gas Market Research Report
By Type
99.9~99.95% High Purity Oxygen Gas, Above 99.95% High Purity Oxygen Gas
By Application
Metallurgical Industry, Chemical Industry, Medical, Others
By Companies
Linde Group, AirLiquide, Praxair, Air Product, Taiyo Nippon Sanso, Airgas, MESSER, Air Water, Yingde Gases, HANGZHOU HANGYANG, Linde Group, Baosteel Gases, Foshan Huate
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global High Purity Oxygen Gas Market Report Segments:
The global High Purity Oxygen Gas market is segmented on the basis of:
Types
99.9~99.95% High Purity Oxygen Gas, Above 99.95% High Purity Oxygen Gas
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Metallurgical Industry, Chemical Industry, Medical, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Linde Group
- AirLiquide
- Praxair
- Air Product
- Taiyo Nippon Sanso
- Airgas
- MESSER
- Air Water
- Yingde Gases
- HANGZHOU HANGYANG
- Linde Group
- Baosteel Gases
- Foshan Huate
Highlights of The High Purity Oxygen Gas Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 99.9~99.95% High Purity Oxygen Gas
- Above 99.95% High Purity Oxygen Gas
- By Application:
- Metallurgical Industry
- Chemical Industry
- Medical
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High Purity Oxygen Gas Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
High purity oxygen gas is a type of compressed air that has been purified to 99.999% or higher. It is used in industrial and medical applications, such as welding, cutting, and purging.
Some of the major players in the high purity oxygen gas market are Linde Group, AirLiquide, Praxair, Air Product, Taiyo Nippon Sanso, Airgas, MESSER, Air Water, Yingde Gases, HANGZHOU HANGYANG, Linde Group, Baosteel Gases, Foshan Huate.
The high purity oxygen gas market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Purity Oxygen Gas Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 High Purity Oxygen Gas Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Purity Oxygen Gas Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the High Purity Oxygen Gas Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global High Purity Oxygen Gas Market Size & Forecast, 2018-2028
4.5.1 High Purity Oxygen Gas Market Size and Y-o-Y Growth
4.5.2 High Purity Oxygen Gas Market Absolute $ Opportunity
Chapter 5 Global High Purity Oxygen Gas Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 High Purity Oxygen Gas Market Size Forecast by Type
5.2.1 99.9~99.95% High Purity Oxygen Gas
5.2.2 Above 99.95% High Purity Oxygen Gas
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global High Purity Oxygen Gas Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 High Purity Oxygen Gas Market Size Forecast by Applications
6.2.1 Metallurgical Industry
6.2.2 Chemical Industry
6.2.3 Medical
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Purity Oxygen Gas Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 High Purity Oxygen Gas Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America High Purity Oxygen Gas Analysis and Forecast
9.1 Introduction
9.2 North America High Purity Oxygen Gas Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America High Purity Oxygen Gas Market Size Forecast by Type
9.6.1 99.9~99.95% High Purity Oxygen Gas
9.6.2 Above 99.95% High Purity Oxygen Gas
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America High Purity Oxygen Gas Market Size Forecast by Applications
9.10.1 Metallurgical Industry
9.10.2 Chemical Industry
9.10.3 Medical
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe High Purity Oxygen Gas Analysis and Forecast
10.1 Introduction
10.2 Europe High Purity Oxygen Gas Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe High Purity Oxygen Gas Market Size Forecast by Type
10.6.1 99.9~99.95% High Purity Oxygen Gas
10.6.2 Above 99.95% High Purity Oxygen Gas
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe High Purity Oxygen Gas Market Size Forecast by Applications
10.10.1 Metallurgical Industry
10.10.2 Chemical Industry
10.10.3 Medical
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific High Purity Oxygen Gas Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific High Purity Oxygen Gas Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific High Purity Oxygen Gas Market Size Forecast by Type
11.6.1 99.9~99.95% High Purity Oxygen Gas
11.6.2 Above 99.95% High Purity Oxygen Gas
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific High Purity Oxygen Gas Market Size Forecast by Applications
11.10.1 Metallurgical Industry
11.10.2 Chemical Industry
11.10.3 Medical
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America High Purity Oxygen Gas Analysis and Forecast
12.1 Introduction
12.2 Latin America High Purity Oxygen Gas Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America High Purity Oxygen Gas Market Size Forecast by Type
12.6.1 99.9~99.95% High Purity Oxygen Gas
12.6.2 Above 99.95% High Purity Oxygen Gas
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America High Purity Oxygen Gas Market Size Forecast by Applications
12.10.1 Metallurgical Industry
12.10.2 Chemical Industry
12.10.3 Medical
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) High Purity Oxygen Gas Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) High Purity Oxygen Gas Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) High Purity Oxygen Gas Market Size Forecast by Type
13.6.1 99.9~99.95% High Purity Oxygen Gas
13.6.2 Above 99.95% High Purity Oxygen Gas
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) High Purity Oxygen Gas Market Size Forecast by Applications
13.10.1 Metallurgical Industry
13.10.2 Chemical Industry
13.10.3 Medical
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 High Purity Oxygen Gas Market: Competitive Dashboard
14.2 Global High Purity Oxygen Gas Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Linde Group
14.3.2 AirLiquide
14.3.3 Praxair
14.3.4 Air Product
14.3.5 Taiyo Nippon Sanso
14.3.6 Airgas
14.3.7 MESSER
14.3.8 Air Water
14.3.9 Yingde Gases
14.3.10 HANGZHOU HANGYANG
14.3.11 Linde Group
14.3.12 Baosteel Gases
14.3.13 Foshan Huate
