Key Insights
The global oxygen market is projected for significant expansion, estimated at 87.93 million in 2025, with a Compound Annual Growth Rate (CAGR) of 4.59% from 2025 to 2033. Key growth drivers include escalating demand from the healthcare sector, especially for medical oxygen in hospitals and homecare. The expanding pharmaceutical industry, a substantial consumer of oxygen for manufacturing processes, also fuels market growth. Furthermore, the industrial sector, encompassing metals, mining, chemical production, and oil & gas, represents a major demand source. Technological innovations in oxygen production and delivery, alongside increased industry awareness of safety protocols and productivity enhancement through oxygen enrichment, also contribute positively to market expansion.

Oxygen Market Market Size (In Million)

The market exhibits a diverse geographic distribution. While North America and Europe currently hold substantial market shares, the Asia-Pacific region, particularly China and India, is anticipated to experience rapid growth owing to industrialization and developing healthcare infrastructure. Market segmentation indicates a strong demand for gaseous oxygen, followed by liquid and solid forms. Medical and industrial applications are dominant, with metals & mining, chemical processing, and healthcare demonstrating the most robust growth trends. Competitive landscapes are shaped by major international players such as Air Liquide, Linde plc, and Messer, alongside regional participants. These entities are actively pursuing strategic initiatives like capacity expansion, mergers, acquisitions, and technological advancements to secure market leadership and leverage future growth prospects. However, challenges persist, including raw material price volatility and stringent regulatory compliance.

Oxygen Market Company Market Share

Oxygen Market: A Comprehensive Market Report (2019-2033)
This insightful report provides a detailed analysis of the global Oxygen Market, offering a comprehensive overview of market dynamics, key players, and future growth prospects. Valued at xx Million in 2025, the market is projected to reach xx Million by 2033, exhibiting a robust CAGR of xx% during the forecast period (2025-2033). The study covers the historical period (2019-2024), with 2025 serving as the base year. This report is essential for stakeholders seeking to understand the current market landscape and strategize for future success in this vital industry.
Oxygen Market Market Composition & Trends
This section delves into the intricate composition of the oxygen market, examining factors influencing its evolution. The market is characterized by a moderately concentrated landscape, with key players like Linde plc, Air Liquide, Air Products Inc, and Messer North America Inc holding significant market share. However, the presence of numerous regional and specialized players ensures a dynamic competitive environment. Market share distribution in 2025 is estimated as follows: Linde plc (xx%), Air Liquide (xx%), Air Products Inc (xx%), Messer North America Inc (xx%), and Others (xx%).
- Market Concentration: Moderate, with a few dominant players and numerous smaller participants.
- Innovation Catalysts: Growing demand for high-purity oxygen across various sectors, coupled with technological advancements in air separation techniques.
- Regulatory Landscape: Stringent safety and environmental regulations influence market dynamics, particularly regarding emissions and waste management.
- Substitute Products: Limited viable substitutes exist, primarily in niche applications where alternative technologies are cost-effective.
- End-User Profiles: Dominated by the Metals and Mining, Chemical Industry, and Healthcare sectors, with growing contributions from the Oil & Gas and Pharmaceutical industries.
- M&A Activities: Significant M&A activity observed in recent years, driven by the pursuit of economies of scale and geographical expansion. Notable deals include Air Liquide's acquisition of Sasol's air separation units (valued at xx Million), highlighting a trend of consolidation in the market.
Oxygen Market Industry Evolution
The oxygen market has witnessed consistent growth, driven by increasing industrialization, advancements in healthcare, and the expansion of resource-intensive industries. Technological advancements, such as the development of more efficient air separation units (ASUs) and improved cryogenic storage solutions, have played a pivotal role in shaping market trajectories. Furthermore, shifting consumer demands towards higher purity oxygen and sustainable production methods are reshaping the industry landscape.
The market grew at a CAGR of xx% from 2019 to 2024, reaching xx Million in 2024. The adoption of advanced ASU technologies increased by xx% during this period, significantly impacting production efficiency and cost reductions. The forecast period (2025-2033) anticipates continued growth, driven by the expansion of key end-use sectors and increasing investments in new production facilities. Emerging markets in developing economies are also contributing significantly to this growth trajectory.
Leading Regions, Countries, or Segments in Oxygen Market
The leading segment by form is Gas (xx Million in 2025), followed by Liquid (xx Million) and Solid (xx Million). The Industrial segment dominates by type, accounting for xx% of the total market value in 2025, driven by high demand from metals and mining, and chemical industries. The Metals and Mining application holds the largest market share among all applications due to its high oxygen consumption.
- Key Drivers for the Industrial Segment (Gas Form):
- High demand from steel production, leading to substantial investments in oxygen supply infrastructure.
- Strong growth in the chemical industry, requiring large quantities of oxygen for various processes.
- Government incentives and policies promoting industrial development in several regions.
The dominance of the Industrial segment is primarily driven by the high oxygen consumption of steel manufacturing. Asia-Pacific is the leading region, propelled by rapid industrialization and robust economic growth in countries like China and India. The US and Europe follow, benefiting from established industrial infrastructure and strong demand from various sectors.
Oxygen Market Product Innovations
Recent innovations focus on enhancing efficiency and reducing environmental impact. This includes advancements in membrane separation technology for oxygen production, resulting in smaller, more modular units suitable for decentralized applications. Furthermore, improvements in cryogenic storage and transportation systems enhance product delivery and reduce waste. These improvements offer unique selling propositions such as reduced energy consumption, lower operating costs, and enhanced safety features.
Propelling Factors for Oxygen Market Growth
Several factors drive market growth:
- Technological Advancements: Efficient ASUs and advanced cryogenic technologies reduce production costs and improve purity.
- Economic Growth: Expanding industrial sectors, particularly in developing economies, boost demand for oxygen.
- Regulatory Support: Government initiatives promoting industrial development and clean energy indirectly stimulate oxygen demand. For example, investments in infrastructure projects often require substantial oxygen supply.
Obstacles in the Oxygen Market Market
Challenges include:
- Regulatory Challenges: Strict environmental regulations and safety standards increase compliance costs.
- Supply Chain Disruptions: Geopolitical instability and logistical hurdles can impact oxygen supply chains, causing price volatility.
- Competitive Pressures: Intense competition among major players can lead to price wars and reduced profit margins. This pressure is particularly acute in established markets like North America and Europe.
Future Opportunities in Oxygen Market
Emerging opportunities arise from:
- New Markets: Expansion into emerging economies with growing industrial sectors offers significant growth potential.
- New Technologies: Innovations in oxygen generation and delivery systems provide opportunities for market differentiation and increased efficiency.
- Consumer Trends: Rising demand for high-purity oxygen in specialized applications, such as medical and pharmaceutical sectors, create niche market opportunities.
Major Players in the Oxygen Market Ecosystem
- Messer North America Inc
- Air Products Inc
- Gulf Cryo
- Matheson Tri-Gas Inc
- Bhuruka Gases Limited
- Inox-Air Products Inc
- Daesung Group
- Linde plc
- Nippon Gases
- TAIYO NIPPON SANSO CORPORATION
- Yingde Gases Group
- KOATSU GAS KOGYO CO LTD
- Air Liquide
- SHOWA DENKO K K
- SOL Spa
Key Developments in Oxygen Market Industry
- July 2021: Linde plc launched a new on-site facility in Qinzhou, China, with a capacity of 7,500 tons of oxygen per day. This expansion significantly strengthens Linde's presence in the Chinese market and increases its overall production capacity.
- June 2021: Air Liquide acquired Sasol's 16 Air Separation Units in Secunda, South Africa, creating the world's largest oxygen production site. This acquisition significantly expands Air Liquide's global production capacity and market share.
- June 2021: Air Liquide signed a long-term contract with PAO Severstal to supply oxygen to its Severstal ChemMK site in Russia. This strengthens Air Liquide's position in the Russian market and secures a significant long-term revenue stream.
- February 2021: Inox-Air Products announced plans to invest INR 2000 crore (approximately xx Million USD) to build 8 new air separation units in India to meet growing medical oxygen demand. This investment highlights the increasing importance of medical oxygen and the expansion of the Indian market.
Strategic Oxygen Market Market Forecast
The oxygen market is poised for continued growth, driven by sustained industrial expansion, advancements in healthcare, and the increasing demand for high-purity oxygen across diverse sectors. The forecast period (2025-2033) anticipates robust growth, with significant expansion opportunities in emerging economies. Technological innovations and strategic partnerships will further shape market dynamics, creating avenues for both established players and new entrants to capture market share. The report concludes with a strong positive outlook for the oxygen market, highlighting its long-term growth potential and strategic importance across various industries.
Oxygen Market Segmentation
-
1. Form
- 1.1. Gas
- 1.2. Liquid
- 1.3. Solid
-
2. Type
- 2.1. Medical
- 2.2. Industrial
- 2.3. Other Types (Scientific and Electronic)
-
3. Application
- 3.1. Metals and Mining
- 3.2. Chemical Industry
- 3.3. Oil and Gas
- 3.4. Healthcare
- 3.5. Pharmaceutical
- 3.6. Other Ap
Oxygen Market Segmentation By Geography
-
1. Asia Pacific
- 1.1. China
- 1.2. India
- 1.3. Japan
- 1.4. South Korea
- 1.5. Malaysia
- 1.6. Thailand
- 1.7. Indonesia
- 1.8. Vietnam
- 1.9. Rest of Asia Pacific
-
2. North America
- 2.1. United States
- 2.2. Canada
- 2.3. Mexico
-
3. Europe
- 3.1. Germany
- 3.2. United Kingdom
- 3.3. France
- 3.4. Italy
- 3.5. Spain
- 3.6. NORDIC Countries
- 3.7. Turkey
- 3.8. Russia
- 3.9. Rest of Europe
-
4. South America
- 4.1. Brazil
- 4.2. Argentina
- 4.3. Colombia
- 4.4. Rest of South America
-
5. Middle East and Africa
- 5.1. Saudi Arabia
- 5.2. Qatar
- 5.3. United Arab Emirates
- 5.4. Nigeria
- 5.5. Egypt
- 5.6. South Africa
- 5.7. Rest of Middle East and Africa

Oxygen Market Regional Market Share

Geographic Coverage of Oxygen Market
Oxygen Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 4.59% from 2020-2034 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Increasing Demand From the Medical and Healthcare Industry; Growing Demand for Oxygen from the Metals and Mining Industry
- 3.3. Market Restrains
- 3.3.1. High Costs for Manufacturing Oxygen; Alternative Fuel Gases Used for Welding and Cutting Applications
- 3.4. Market Trends
- 3.4.1. Increasing Demand From Healthcare Industry
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global Oxygen Market Analysis, Insights and Forecast, 2020-2032
- 5.1. Market Analysis, Insights and Forecast - by Form
- 5.1.1. Gas
- 5.1.2. Liquid
- 5.1.3. Solid
- 5.2. Market Analysis, Insights and Forecast - by Type
- 5.2.1. Medical
- 5.2.2. Industrial
- 5.2.3. Other Types (Scientific and Electronic)
- 5.3. Market Analysis, Insights and Forecast - by Application
- 5.3.1. Metals and Mining
- 5.3.2. Chemical Industry
- 5.3.3. Oil and Gas
- 5.3.4. Healthcare
- 5.3.5. Pharmaceutical
- 5.3.6. Other Ap
- 5.4. Market Analysis, Insights and Forecast - by Region
- 5.4.1. Asia Pacific
- 5.4.2. North America
- 5.4.3. Europe
- 5.4.4. South America
- 5.4.5. Middle East and Africa
- 5.1. Market Analysis, Insights and Forecast - by Form
- 6. Asia Pacific Oxygen Market Analysis, Insights and Forecast, 2020-2032
- 6.1. Market Analysis, Insights and Forecast - by Form
- 6.1.1. Gas
- 6.1.2. Liquid
- 6.1.3. Solid
- 6.2. Market Analysis, Insights and Forecast - by Type
- 6.2.1. Medical
- 6.2.2. Industrial
- 6.2.3. Other Types (Scientific and Electronic)
- 6.3. Market Analysis, Insights and Forecast - by Application
- 6.3.1. Metals and Mining
- 6.3.2. Chemical Industry
- 6.3.3. Oil and Gas
- 6.3.4. Healthcare
- 6.3.5. Pharmaceutical
- 6.3.6. Other Ap
- 6.1. Market Analysis, Insights and Forecast - by Form
- 7. North America Oxygen Market Analysis, Insights and Forecast, 2020-2032
- 7.1. Market Analysis, Insights and Forecast - by Form
- 7.1.1. Gas
- 7.1.2. Liquid
- 7.1.3. Solid
- 7.2. Market Analysis, Insights and Forecast - by Type
- 7.2.1. Medical
- 7.2.2. Industrial
- 7.2.3. Other Types (Scientific and Electronic)
- 7.3. Market Analysis, Insights and Forecast - by Application
- 7.3.1. Metals and Mining
- 7.3.2. Chemical Industry
- 7.3.3. Oil and Gas
- 7.3.4. Healthcare
- 7.3.5. Pharmaceutical
- 7.3.6. Other Ap
- 7.1. Market Analysis, Insights and Forecast - by Form
- 8. Europe Oxygen Market Analysis, Insights and Forecast, 2020-2032
- 8.1. Market Analysis, Insights and Forecast - by Form
- 8.1.1. Gas
- 8.1.2. Liquid
- 8.1.3. Solid
- 8.2. Market Analysis, Insights and Forecast - by Type
- 8.2.1. Medical
- 8.2.2. Industrial
- 8.2.3. Other Types (Scientific and Electronic)
- 8.3. Market Analysis, Insights and Forecast - by Application
- 8.3.1. Metals and Mining
- 8.3.2. Chemical Industry
- 8.3.3. Oil and Gas
- 8.3.4. Healthcare
- 8.3.5. Pharmaceutical
- 8.3.6. Other Ap
- 8.1. Market Analysis, Insights and Forecast - by Form
- 9. South America Oxygen Market Analysis, Insights and Forecast, 2020-2032
- 9.1. Market Analysis, Insights and Forecast - by Form
- 9.1.1. Gas
- 9.1.2. Liquid
- 9.1.3. Solid
- 9.2. Market Analysis, Insights and Forecast - by Type
- 9.2.1. Medical
- 9.2.2. Industrial
- 9.2.3. Other Types (Scientific and Electronic)
- 9.3. Market Analysis, Insights and Forecast - by Application
- 9.3.1. Metals and Mining
- 9.3.2. Chemical Industry
- 9.3.3. Oil and Gas
- 9.3.4. Healthcare
- 9.3.5. Pharmaceutical
- 9.3.6. Other Ap
- 9.1. Market Analysis, Insights and Forecast - by Form
- 10. Middle East and Africa Oxygen Market Analysis, Insights and Forecast, 2020-2032
- 10.1. Market Analysis, Insights and Forecast - by Form
- 10.1.1. Gas
- 10.1.2. Liquid
- 10.1.3. Solid
- 10.2. Market Analysis, Insights and Forecast - by Type
- 10.2.1. Medical
- 10.2.2. Industrial
- 10.2.3. Other Types (Scientific and Electronic)
- 10.3. Market Analysis, Insights and Forecast - by Application
- 10.3.1. Metals and Mining
- 10.3.2. Chemical Industry
- 10.3.3. Oil and Gas
- 10.3.4. Healthcare
- 10.3.5. Pharmaceutical
- 10.3.6. Other Ap
- 10.1. Market Analysis, Insights and Forecast - by Form
- 11. Competitive Analysis
- 11.1. Global Market Share Analysis 2025
- 11.2. Company Profiles
- 11.2.1 Messer North America Inc
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 Air Products Inc
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 Gulf Cryo
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.4 Matheson Tri-Gas Inc
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Financials (Based on Availability)
- 11.2.5 Bhuruka Gases Limited
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Financials (Based on Availability)
- 11.2.6 Inox-Air Products Inc
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Financials (Based on Availability)
- 11.2.7 Daesung Group
- 11.2.7.1. Overview
- 11.2.7.2. Products
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Financials (Based on Availability)
- 11.2.8 Linde plc
- 11.2.8.1. Overview
- 11.2.8.2. Products
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Financials (Based on Availability)
- 11.2.9 Nippon Gases
- 11.2.9.1. Overview
- 11.2.9.2. Products
- 11.2.9.3. SWOT Analysis
- 11.2.9.4. Recent Developments
- 11.2.9.5. Financials (Based on Availability)
- 11.2.10 TAIYO NIPPON SANSO CORPORATION
- 11.2.10.1. Overview
- 11.2.10.2. Products
- 11.2.10.3. SWOT Analysis
- 11.2.10.4. Recent Developments
- 11.2.10.5. Financials (Based on Availability)
- 11.2.11 Yingde Gases Group*List Not Exhaustive
- 11.2.11.1. Overview
- 11.2.11.2. Products
- 11.2.11.3. SWOT Analysis
- 11.2.11.4. Recent Developments
- 11.2.11.5. Financials (Based on Availability)
- 11.2.12 KOATSU GAS KOGYO CO LTD
- 11.2.12.1. Overview
- 11.2.12.2. Products
- 11.2.12.3. SWOT Analysis
- 11.2.12.4. Recent Developments
- 11.2.12.5. Financials (Based on Availability)
- 11.2.13 Air Liquide
- 11.2.13.1. Overview
- 11.2.13.2. Products
- 11.2.13.3. SWOT Analysis
- 11.2.13.4. Recent Developments
- 11.2.13.5. Financials (Based on Availability)
- 11.2.14 SHOWA DENKO K K
- 11.2.14.1. Overview
- 11.2.14.2. Products
- 11.2.14.3. SWOT Analysis
- 11.2.14.4. Recent Developments
- 11.2.14.5. Financials (Based on Availability)
- 11.2.15 SOL Spa
- 11.2.15.1. Overview
- 11.2.15.2. Products
- 11.2.15.3. SWOT Analysis
- 11.2.15.4. Recent Developments
- 11.2.15.5. Financials (Based on Availability)
- 11.2.1 Messer North America Inc
List of Figures
- Figure 1: Global Oxygen Market Revenue Breakdown (million, %) by Region 2025 & 2033
- Figure 2: Global Oxygen Market Volume Breakdown (K Tons, %) by Region 2025 & 2033
- Figure 3: Asia Pacific Oxygen Market Revenue (million), by Form 2025 & 2033
- Figure 4: Asia Pacific Oxygen Market Volume (K Tons), by Form 2025 & 2033
- Figure 5: Asia Pacific Oxygen Market Revenue Share (%), by Form 2025 & 2033
- Figure 6: Asia Pacific Oxygen Market Volume Share (%), by Form 2025 & 2033
- Figure 7: Asia Pacific Oxygen Market Revenue (million), by Type 2025 & 2033
- Figure 8: Asia Pacific Oxygen Market Volume (K Tons), by Type 2025 & 2033
- Figure 9: Asia Pacific Oxygen Market Revenue Share (%), by Type 2025 & 2033
- Figure 10: Asia Pacific Oxygen Market Volume Share (%), by Type 2025 & 2033
- Figure 11: Asia Pacific Oxygen Market Revenue (million), by Application 2025 & 2033
- Figure 12: Asia Pacific Oxygen Market Volume (K Tons), by Application 2025 & 2033
- Figure 13: Asia Pacific Oxygen Market Revenue Share (%), by Application 2025 & 2033
- Figure 14: Asia Pacific Oxygen Market Volume Share (%), by Application 2025 & 2033
- Figure 15: Asia Pacific Oxygen Market Revenue (million), by Country 2025 & 2033
- Figure 16: Asia Pacific Oxygen Market Volume (K Tons), by Country 2025 & 2033
- Figure 17: Asia Pacific Oxygen Market Revenue Share (%), by Country 2025 & 2033
- Figure 18: Asia Pacific Oxygen Market Volume Share (%), by Country 2025 & 2033
- Figure 19: North America Oxygen Market Revenue (million), by Form 2025 & 2033
- Figure 20: North America Oxygen Market Volume (K Tons), by Form 2025 & 2033
- Figure 21: North America Oxygen Market Revenue Share (%), by Form 2025 & 2033
- Figure 22: North America Oxygen Market Volume Share (%), by Form 2025 & 2033
- Figure 23: North America Oxygen Market Revenue (million), by Type 2025 & 2033
- Figure 24: North America Oxygen Market Volume (K Tons), by Type 2025 & 2033
- Figure 25: North America Oxygen Market Revenue Share (%), by Type 2025 & 2033
- Figure 26: North America Oxygen Market Volume Share (%), by Type 2025 & 2033
- Figure 27: North America Oxygen Market Revenue (million), by Application 2025 & 2033
- Figure 28: North America Oxygen Market Volume (K Tons), by Application 2025 & 2033
- Figure 29: North America Oxygen Market Revenue Share (%), by Application 2025 & 2033
- Figure 30: North America Oxygen Market Volume Share (%), by Application 2025 & 2033
- Figure 31: North America Oxygen Market Revenue (million), by Country 2025 & 2033
- Figure 32: North America Oxygen Market Volume (K Tons), by Country 2025 & 2033
- Figure 33: North America Oxygen Market Revenue Share (%), by Country 2025 & 2033
- Figure 34: North America Oxygen Market Volume Share (%), by Country 2025 & 2033
- Figure 35: Europe Oxygen Market Revenue (million), by Form 2025 & 2033
- Figure 36: Europe Oxygen Market Volume (K Tons), by Form 2025 & 2033
- Figure 37: Europe Oxygen Market Revenue Share (%), by Form 2025 & 2033
- Figure 38: Europe Oxygen Market Volume Share (%), by Form 2025 & 2033
- Figure 39: Europe Oxygen Market Revenue (million), by Type 2025 & 2033
- Figure 40: Europe Oxygen Market Volume (K Tons), by Type 2025 & 2033
- Figure 41: Europe Oxygen Market Revenue Share (%), by Type 2025 & 2033
- Figure 42: Europe Oxygen Market Volume Share (%), by Type 2025 & 2033
- Figure 43: Europe Oxygen Market Revenue (million), by Application 2025 & 2033
- Figure 44: Europe Oxygen Market Volume (K Tons), by Application 2025 & 2033
- Figure 45: Europe Oxygen Market Revenue Share (%), by Application 2025 & 2033
- Figure 46: Europe Oxygen Market Volume Share (%), by Application 2025 & 2033
- Figure 47: Europe Oxygen Market Revenue (million), by Country 2025 & 2033
- Figure 48: Europe Oxygen Market Volume (K Tons), by Country 2025 & 2033
- Figure 49: Europe Oxygen Market Revenue Share (%), by Country 2025 & 2033
- Figure 50: Europe Oxygen Market Volume Share (%), by Country 2025 & 2033
- Figure 51: South America Oxygen Market Revenue (million), by Form 2025 & 2033
- Figure 52: South America Oxygen Market Volume (K Tons), by Form 2025 & 2033
- Figure 53: South America Oxygen Market Revenue Share (%), by Form 2025 & 2033
- Figure 54: South America Oxygen Market Volume Share (%), by Form 2025 & 2033
- Figure 55: South America Oxygen Market Revenue (million), by Type 2025 & 2033
- Figure 56: South America Oxygen Market Volume (K Tons), by Type 2025 & 2033
- Figure 57: South America Oxygen Market Revenue Share (%), by Type 2025 & 2033
- Figure 58: South America Oxygen Market Volume Share (%), by Type 2025 & 2033
- Figure 59: South America Oxygen Market Revenue (million), by Application 2025 & 2033
- Figure 60: South America Oxygen Market Volume (K Tons), by Application 2025 & 2033
- Figure 61: South America Oxygen Market Revenue Share (%), by Application 2025 & 2033
- Figure 62: South America Oxygen Market Volume Share (%), by Application 2025 & 2033
- Figure 63: South America Oxygen Market Revenue (million), by Country 2025 & 2033
- Figure 64: South America Oxygen Market Volume (K Tons), by Country 2025 & 2033
- Figure 65: South America Oxygen Market Revenue Share (%), by Country 2025 & 2033
- Figure 66: South America Oxygen Market Volume Share (%), by Country 2025 & 2033
- Figure 67: Middle East and Africa Oxygen Market Revenue (million), by Form 2025 & 2033
- Figure 68: Middle East and Africa Oxygen Market Volume (K Tons), by Form 2025 & 2033
- Figure 69: Middle East and Africa Oxygen Market Revenue Share (%), by Form 2025 & 2033
- Figure 70: Middle East and Africa Oxygen Market Volume Share (%), by Form 2025 & 2033
- Figure 71: Middle East and Africa Oxygen Market Revenue (million), by Type 2025 & 2033
- Figure 72: Middle East and Africa Oxygen Market Volume (K Tons), by Type 2025 & 2033
- Figure 73: Middle East and Africa Oxygen Market Revenue Share (%), by Type 2025 & 2033
- Figure 74: Middle East and Africa Oxygen Market Volume Share (%), by Type 2025 & 2033
- Figure 75: Middle East and Africa Oxygen Market Revenue (million), by Application 2025 & 2033
- Figure 76: Middle East and Africa Oxygen Market Volume (K Tons), by Application 2025 & 2033
- Figure 77: Middle East and Africa Oxygen Market Revenue Share (%), by Application 2025 & 2033
- Figure 78: Middle East and Africa Oxygen Market Volume Share (%), by Application 2025 & 2033
- Figure 79: Middle East and Africa Oxygen Market Revenue (million), by Country 2025 & 2033
- Figure 80: Middle East and Africa Oxygen Market Volume (K Tons), by Country 2025 & 2033
- Figure 81: Middle East and Africa Oxygen Market Revenue Share (%), by Country 2025 & 2033
- Figure 82: Middle East and Africa Oxygen Market Volume Share (%), by Country 2025 & 2033
List of Tables
- Table 1: Global Oxygen Market Revenue million Forecast, by Form 2020 & 2033
- Table 2: Global Oxygen Market Volume K Tons Forecast, by Form 2020 & 2033
- Table 3: Global Oxygen Market Revenue million Forecast, by Type 2020 & 2033
- Table 4: Global Oxygen Market Volume K Tons Forecast, by Type 2020 & 2033
- Table 5: Global Oxygen Market Revenue million Forecast, by Application 2020 & 2033
- Table 6: Global Oxygen Market Volume K Tons Forecast, by Application 2020 & 2033
- Table 7: Global Oxygen Market Revenue million Forecast, by Region 2020 & 2033
- Table 8: Global Oxygen Market Volume K Tons Forecast, by Region 2020 & 2033
- Table 9: Global Oxygen Market Revenue million Forecast, by Form 2020 & 2033
- Table 10: Global Oxygen Market Volume K Tons Forecast, by Form 2020 & 2033
- Table 11: Global Oxygen Market Revenue million Forecast, by Type 2020 & 2033
- Table 12: Global Oxygen Market Volume K Tons Forecast, by Type 2020 & 2033
- Table 13: Global Oxygen Market Revenue million Forecast, by Application 2020 & 2033
- Table 14: Global Oxygen Market Volume K Tons Forecast, by Application 2020 & 2033
- Table 15: Global Oxygen Market Revenue million Forecast, by Country 2020 & 2033
- Table 16: Global Oxygen Market Volume K Tons Forecast, by Country 2020 & 2033
- Table 17: China Oxygen Market Revenue (million) Forecast, by Application 2020 & 2033
- Table 18: China Oxygen Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 19: India Oxygen Market Revenue (million) Forecast, by Application 2020 & 2033
- Table 20: India Oxygen Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 21: Japan Oxygen Market Revenue (million) Forecast, by Application 2020 & 2033
- Table 22: Japan Oxygen Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 23: South Korea Oxygen Market Revenue (million) Forecast, by Application 2020 & 2033
- Table 24: South Korea Oxygen Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 25: Malaysia Oxygen Market Revenue (million) Forecast, by Application 2020 & 2033
- Table 26: Malaysia Oxygen Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 27: Thailand Oxygen Market Revenue (million) Forecast, by Application 2020 & 2033
- Table 28: Thailand Oxygen Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 29: Indonesia Oxygen Market Revenue (million) Forecast, by Application 2020 & 2033
- Table 30: Indonesia Oxygen Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 31: Vietnam Oxygen Market Revenue (million) Forecast, by Application 2020 & 2033
- Table 32: Vietnam Oxygen Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 33: Rest of Asia Pacific Oxygen Market Revenue (million) Forecast, by Application 2020 & 2033
- Table 34: Rest of Asia Pacific Oxygen Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 35: Global Oxygen Market Revenue million Forecast, by Form 2020 & 2033
- Table 36: Global Oxygen Market Volume K Tons Forecast, by Form 2020 & 2033
- Table 37: Global Oxygen Market Revenue million Forecast, by Type 2020 & 2033
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- Table 40: Global Oxygen Market Volume K Tons Forecast, by Application 2020 & 2033
- Table 41: Global Oxygen Market Revenue million Forecast, by Country 2020 & 2033
- Table 42: Global Oxygen Market Volume K Tons Forecast, by Country 2020 & 2033
- Table 43: United States Oxygen Market Revenue (million) Forecast, by Application 2020 & 2033
- Table 44: United States Oxygen Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 45: Canada Oxygen Market Revenue (million) Forecast, by Application 2020 & 2033
- Table 46: Canada Oxygen Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 47: Mexico Oxygen Market Revenue (million) Forecast, by Application 2020 & 2033
- Table 48: Mexico Oxygen Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 49: Global Oxygen Market Revenue million Forecast, by Form 2020 & 2033
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- Table 55: Global Oxygen Market Revenue million Forecast, by Country 2020 & 2033
- Table 56: Global Oxygen Market Volume K Tons Forecast, by Country 2020 & 2033
- Table 57: Germany Oxygen Market Revenue (million) Forecast, by Application 2020 & 2033
- Table 58: Germany Oxygen Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 59: United Kingdom Oxygen Market Revenue (million) Forecast, by Application 2020 & 2033
- Table 60: United Kingdom Oxygen Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 61: France Oxygen Market Revenue (million) Forecast, by Application 2020 & 2033
- Table 62: France Oxygen Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 63: Italy Oxygen Market Revenue (million) Forecast, by Application 2020 & 2033
- Table 64: Italy Oxygen Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 65: Spain Oxygen Market Revenue (million) Forecast, by Application 2020 & 2033
- Table 66: Spain Oxygen Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 67: NORDIC Countries Oxygen Market Revenue (million) Forecast, by Application 2020 & 2033
- Table 68: NORDIC Countries Oxygen Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 69: Turkey Oxygen Market Revenue (million) Forecast, by Application 2020 & 2033
- Table 70: Turkey Oxygen Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 71: Russia Oxygen Market Revenue (million) Forecast, by Application 2020 & 2033
- Table 72: Russia Oxygen Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 73: Rest of Europe Oxygen Market Revenue (million) Forecast, by Application 2020 & 2033
- Table 74: Rest of Europe Oxygen Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 75: Global Oxygen Market Revenue million Forecast, by Form 2020 & 2033
- Table 76: Global Oxygen Market Volume K Tons Forecast, by Form 2020 & 2033
- Table 77: Global Oxygen Market Revenue million Forecast, by Type 2020 & 2033
- Table 78: Global Oxygen Market Volume K Tons Forecast, by Type 2020 & 2033
- Table 79: Global Oxygen Market Revenue million Forecast, by Application 2020 & 2033
- Table 80: Global Oxygen Market Volume K Tons Forecast, by Application 2020 & 2033
- Table 81: Global Oxygen Market Revenue million Forecast, by Country 2020 & 2033
- Table 82: Global Oxygen Market Volume K Tons Forecast, by Country 2020 & 2033
- Table 83: Brazil Oxygen Market Revenue (million) Forecast, by Application 2020 & 2033
- Table 84: Brazil Oxygen Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 85: Argentina Oxygen Market Revenue (million) Forecast, by Application 2020 & 2033
- Table 86: Argentina Oxygen Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 87: Colombia Oxygen Market Revenue (million) Forecast, by Application 2020 & 2033
- Table 88: Colombia Oxygen Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 89: Rest of South America Oxygen Market Revenue (million) Forecast, by Application 2020 & 2033
- Table 90: Rest of South America Oxygen Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 91: Global Oxygen Market Revenue million Forecast, by Form 2020 & 2033
- Table 92: Global Oxygen Market Volume K Tons Forecast, by Form 2020 & 2033
- Table 93: Global Oxygen Market Revenue million Forecast, by Type 2020 & 2033
- Table 94: Global Oxygen Market Volume K Tons Forecast, by Type 2020 & 2033
- Table 95: Global Oxygen Market Revenue million Forecast, by Application 2020 & 2033
- Table 96: Global Oxygen Market Volume K Tons Forecast, by Application 2020 & 2033
- Table 97: Global Oxygen Market Revenue million Forecast, by Country 2020 & 2033
- Table 98: Global Oxygen Market Volume K Tons Forecast, by Country 2020 & 2033
- Table 99: Saudi Arabia Oxygen Market Revenue (million) Forecast, by Application 2020 & 2033
- Table 100: Saudi Arabia Oxygen Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 101: Qatar Oxygen Market Revenue (million) Forecast, by Application 2020 & 2033
- Table 102: Qatar Oxygen Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 103: United Arab Emirates Oxygen Market Revenue (million) Forecast, by Application 2020 & 2033
- Table 104: United Arab Emirates Oxygen Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 105: Nigeria Oxygen Market Revenue (million) Forecast, by Application 2020 & 2033
- Table 106: Nigeria Oxygen Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 107: Egypt Oxygen Market Revenue (million) Forecast, by Application 2020 & 2033
- Table 108: Egypt Oxygen Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 109: South Africa Oxygen Market Revenue (million) Forecast, by Application 2020 & 2033
- Table 110: South Africa Oxygen Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 111: Rest of Middle East and Africa Oxygen Market Revenue (million) Forecast, by Application 2020 & 2033
- Table 112: Rest of Middle East and Africa Oxygen Market Volume (K Tons) Forecast, by Application 2020 & 2033
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Oxygen Market?
The projected CAGR is approximately 4.59%.
2. Which companies are prominent players in the Oxygen Market?
Key companies in the market include Messer North America Inc, Air Products Inc, Gulf Cryo, Matheson Tri-Gas Inc, Bhuruka Gases Limited, Inox-Air Products Inc, Daesung Group, Linde plc, Nippon Gases, TAIYO NIPPON SANSO CORPORATION, Yingde Gases Group*List Not Exhaustive, KOATSU GAS KOGYO CO LTD, Air Liquide, SHOWA DENKO K K, SOL Spa.
3. What are the main segments of the Oxygen Market?
The market segments include Form, Type, Application.
4. Can you provide details about the market size?
The market size is estimated to be USD 87.93 million as of 2022.
5. What are some drivers contributing to market growth?
Increasing Demand From the Medical and Healthcare Industry; Growing Demand for Oxygen from the Metals and Mining Industry.
6. What are the notable trends driving market growth?
Increasing Demand From Healthcare Industry.
7. Are there any restraints impacting market growth?
High Costs for Manufacturing Oxygen; Alternative Fuel Gases Used for Welding and Cutting Applications.
8. Can you provide examples of recent developments in the market?
In July 2021, Linde announced that it had started its new on-site facility in Qinzhou, China. The facility can supply up to 7,500 tons of oxygen per day.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 5250, and USD 8750 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in million and volume, measured in K Tons.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Oxygen Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Oxygen Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Oxygen Market?
To stay informed about further developments, trends, and reports in the Oxygen Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database



Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations

Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

