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Report Highlights
The global market for oxygen scavengers is expected to grow from $2.4 billion in 2023 to $3.1 billion by the end of 2028, at a compound annual growth rate (CAGR) of 5.1% during the forecast period of 2023-2028.
Report Includes
- 67 data tables and 39 additional tables
- An overview of the global market landscape related to the oxygen scavengers
- In-depth analysis of global market trends, featuring historical revenue data for 2022, estimated figures for 2023, as well as forecasts for 2027. This analysis includes projections of Compound Annual Growth Rates (CAGRs) spanning through 2028
- Evaluation of the current market size and revenue growth prospects specific to oxygen scavengers, accompanied by a comprehensive market share analysis categorized by type, composition, form, end-use industry, and geographic region
- Information on oxygen scavengers designs and forms, including powder, liquid, and resins
- Coverage of various applications of oxygen scavenger such as food & beverage, pharmaceutical, power, oil & gas, pulp & paper, and chemical industry, and their innovative packaging technologies
- Information on latest developments, new industry research, upcoming technologies, industry structure, and regulatory scenarios, and economic trends
- Identification of challenges and discussion on how to overcome from those to reach its commercialization potential
- Discussion on importance of ESG in the oxygen scavenger industry, assessment of ESG ratings and metrics, ESG practices, and current status and future of ESG in the oxygen scavenger market
- Market share analysis of the key companies of the industry and coverage of their proprietary technologies, strategic alliances, and other key market strategies and a relevant patent analysis
- Detailed profiles of leading market participants, providing a descriptive overview of their respective businesses
Report Scope
The report will include details about various types of compositions used in oxygen scavengers, end-use industries for oxygen scavengers, and forms of oxygen scavengers. Estimated values are based on manufacturers’ total revenues. Projected revenue values are in constant U.S. dollars, unadjusted for inflation. The report contains comprehensive information regarding the oxygen scavenger industry and the users thereof.
The global oxygen scavenger market is segmented into the following categories:
- Type (metallic oxygen scavenger and non-metallic oxygen scavenger).
- Composition (organic and inorganic).
- Form (powder, liquid and resin).
- End use (food and beverage, pharmaceutical, power, oil and gas, pulp and paper, and chemical).
- Region: North America, Europe, Asia-Pacific (APAC), and the Rest of the World (RoW).
Report Synopsis
| Report Metrics | Details | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2022 | ||||||||||||||||
| Forecast period considered | 2023-2028 | ||||||||||||||||
| Base year market size | $2.3 billion | ||||||||||||||||
| Market size forecast | $3.1 billion | ||||||||||||||||
| Growth rate | CAGR of 5.1% from 2023 to 2028 | ||||||||||||||||
| Units considered | $ Millions | ||||||||||||||||
| Segments covered | By Type, Form, Composition, End-use Industry, and Region | ||||||||||||||||
| Regions covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) | ||||||||||||||||
| Key Market Drivers |
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| Companies studied |
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Frequently Asked Questions (FAQs)
- Rising demand from healthcare industry.
- Initiatives by regulatory bodies to improve food safety across countries.
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Consulting Editor’s Credentials
Jason Chen has been an analyst and consultant for the polymer, composite, fibre, textile and energy industries for 19 years. He works as a researcher, writer and/or editor for the American Composites Manufacturers Association (ACMA), China Textile Academy (CTA), China Chemical Fiber Association (CCFA), International Fiber Journal, Filtration News, Platts Emission Daily, Vision Systems Design, Pesticide and Toxic Chemical News and MobileTex. He has a degree in Civil Engineering, Chemicals and Advanced Materials from Shantou University.
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