Global Oxygen Market Outlook to 2026

High demand for oxygen in the metal industry for cutting, welding, melting, etc. is one of the major driving factors of the market. There is a substantial increase in the production and consumption of steel globally, and oxygen is extensively used in chemical refining & heating during steel production, which is further driving the oxygen market growth. Moreover, abundant use of oxygen in chemical and petroleum industries as a feed component to produce chemicals such as aldehydes and alcohol is also boosting the market. Other factors include the growing useof oxygen as a bleaching and oxidizing agent in the pulp & paper industry and an increase in oxygen therapy due to rising air pollution.

Our Global Oxygen Market report provides deep insight into the current and future state of the Oxygen market across various regions. Also, the study comprehensively analyzes the oxygen market by segmenting based on geography and by phase (Liquid and Gas), by application (Fuel, Metal Processing, Chemical Processing, Bleaching Agent and Others (Waste Water Treatment, Aquaculture, etc.)) and by end-user industry (Aerospace & Defense, Construction, Petrochemical, Oil & Gas, Glass & Ceramic, Pulp & Paper, Healthcare and Others (Cosmetics, Agriculture, etc.)). The report examines the market drivers and restraints that are influencing the growth in detail. The study also covers emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape section with profiles of major companies and their market shares and their projects.