Get More Information on Oxygen Scavenger Market - Request Sample Report
The Oxygen Scavenger Market size was valued at USD 5.1 Billion in 2023. It is expected to grow to USD 8.2 Billion by 2032 and grow at a CAGR of 6.0% over the forecast period of 2024-2032.
The demand for oxygen scavengers in the oil and gas sector is increasing predominantly because the oil and gas industry is becoming increasingly stringent in terms of protection against corrosion and oxidation in upstream and downstream processing. With the process of crude oil and gas extraction, oxidation, and corrosion that follows, if oxygen scavenging measures are not taken, production equipment, storage tanks, and pipelines are put in various forms of danger. Oxygen scavengers help to prevent oxidation by removing oxygen from the environment. The modern trend of strict emission control and environmental sustainability drives the demand even further, with the recommendation gradually becoming obligatory.
In recent years, the number of oil deposits found in the world has been increasing and the number of extraction and treatment facilities have been on the rise in humid climates or tough geographical locations. In particular, the use of pollutants has grown due to the need to keep the industry’s assets valid for longer and protect the pipelines otherwise at risk of corrosion.
According to the U.S. Department of Energy, the U.S. alone has over 2.6 million miles of pipeline infrastructure, which requires rigorous maintenance to prevent corrosion and ensure operational safety. This extensive infrastructure, along with increased investment in oil & gas projects, is driving the demand for oxygen scavengers as a vital component of corrosion control measures, helping to extend the lifespan of equipment and prevent costly downtime due to maintenance issues.
With the rising importance of sustainability, it has become evident that more and more industries opt for eco-friendly and non-toxic oxygen scavengers. While the new generation of these oxygen scavengers may be slightly more expensive than its traditional counterparts, their advantages outweigh the potential costs. In particular, non-toxic oxygen scavengers have become particularly popular in the food and pharmaceutical industries. Given the various safety and environmental considerations, as well as the growing concern of the target audience for sustainability, businesses find it reasonable to consider making the switch to non-toxic oxygen scavengers. Currently, a range of companies invest in oxygen scavengers that would not only facilitate the process of removing oxygen from the sealed environment but also disintegrate safely, without leaving chemical residue.
In municipal solid waste alone, more than 82 million of food and packaging waste appeared which equals 21 percent of the material that was sent to landfills and later combusted. The use of non-toxic oxygen scavengers could significantly contribute to the goal of generating less waste, as well as improve the approach to its further disposal. In conclusion, the trend toward the use of sustainable approaches, meaning non-toxic oxygen scavengers particularly, provides companies with opportunities to not only comply with safety and NWA requirements but also meet the expectations of the target audience with regard to being sustainable.
|
Category |
Details |
|
Key Function |
Prevents oxygen-induced degradation; Oxygen scavenger sachets reduce oxygen levels from 21% to <0.01% in sealed packaging. |
|
Types of Oxygen Scavengers |
- Inorganic: Iron-based scavengers are commonly used in food packaging. - Organic: Ascorbate and glucose-based scavengers are widely used in pharmaceuticals and food industries. |
|
Industries of Application |
- Food & Beverage: Major use in preserving packaged foods and preventing spoilage. - Pharmaceuticals: Oxygen scavengers used in blister packaging enhance shelf life by 20-25%. - Oil & Gas: Usage in pipelines reduces corrosion by 25%, saving millions annually in maintenance. - Power Generation: Boiler feedwater treatment with oxygen scavengers cuts operational costs by 10-15%. |
|
Packaging Solutions |
- Sachets and bottle caps are the most common, with sachets widely used in packaging applications. |
|
Benefits |
- Prolonged food shelf life by 30-50%, reducing spoilage and waste. - Corrosion reduction in industrial systems extends equipment life by 15-20%. |
|
Challenges |
- Iron-based oxygen scavengers are costlier by 20-25% compared to organic alternatives, affecting adoption in smaller firms. |
|
Regulatory Considerations |
- FDA-approved oxygen scavengers are used in 85% of food packaging in the U.S. |
Drivers
Demand for fresh and quality packaged food is growing
Growing demand from end-use industries for process water
Consumer concern over reducing food waste and demand for advanced packaging is growing.
Increasing consumer interest in food waste reduction has a strong impact on the expansion of the advanced packaging industry. As people become more environmentally conscious, they look for opportunities to decrease their personal contribution to pollution, and food waste, as an extensive problem, becomes the object of serious concern. Therefore, the demand for packaging solutions that increase a product’s shelf life has grown significantly. Many of these packages use special compounds that actively remove oxygen from the product environment, which significantly enhances its freshness. This trend is especially characteristic of produce, meat, and dairy, where spoilage happens at much faster rates than in any processed foods.
According to the United Nations Environment Programme, up to 931 million tons of food are wasted worldwide every year, and the modern primary cause of food waste is the packages that are not sufficiently good at preserving the product. Businesses can positively affect both the environment and stakeholders by investing in innovative packages that remove oxygen. Instead of constantly raising demand for new products, people are increasingly interested in obtaining the maximum possible quality from a purchase, and using innovative packages as an attempt to respond to a critical global issue is bound to leave a positive impression on the conscious environmentally conscious customer.
Restraint
Oxygen scavengers are non-volatile substances
Several oxygen scavenger compounds have health risks that hamper the market growth.
There are health risks associated with using certain oxygen scavenger compounds, which can be a disadvantage to their use and lead to market growth. For example, traditional oxygen scavengers containing aqueous sodium sulfite or metallic iron powder and an aqueous acid release hazardous chemical compounds that can be dangerous if not handled carefully or if in contact with consumable materials. In the case of food packaging, the potential health risks will be because consumers can accidentally ingest the substance, or poor food processing packaging techniques dispose of the food scavenger along with the food. There are also many sensitive products in pharmaceutical and healthcare packaging, and health hazards and they can be adversely affected by potential toxic elements in the oxygen scavenger. The U.S. Food and Drug Administration, and other regulatory bodies, have very strict guidelines on the use of chemical additives in packaging materials when there is contact with food or other medical products. The disadvantages of this are that it increases the overall cost and that its health risk control may fuel innovation, but at the same time, hinder market growth in its entirety.
Opportunity
Growing disposable incomes and a rise in the demand for packaged food in emerging economies.
The changes in regional disposable incomes associated with growing rural areas, particularly in emerging economies, are notably fostering emerging opportunities for oxygen scavenger market growth. Especially, the regions of Asia-Pacific, Latin America, and Africa feature a segment of the population with rising purchasing power. As a result, the dominant drivers of the food market in the specified countries include a significant shift from basic nutrition to a middle-class preference for convenient, ready-to-eat foods, and pre-packaged meals. The stated change is relevant, as the number of urbanized and employed individuals in need of time-saving solutions is increasing. Besides, the expanding middle class is showing a rising interest in food safety and quality. Other drivers of market growth include the development of food preservation technology and the growing use of advanced packaging solutions by manufacturers in the mentioned areas. Consequently, the feasibility of the market growth is supported by the growing middle-class population worldwide. According to the World Bank, the global middle class is to grow by almost 70 million people annually, while the majority of representatives of the class reside in developing countries. Resultantly, the number of companies, producing food packaging and requiring high oxygen scavenger performance standards, is to grow, extending market demand.
By Type
The inorganic oxygen scavengers held the largest market share around 62% in 2023. A wide range of inorganic compounds including but not limited to iron powder and sodium sulfite are increasingly being used in different types of packaging, especially in food, pharmaceutical, and oil & gas industries due to the robust nature of these scavengers. Their usage is limited only by their effectiveness in removing oxygen and preventing oxidation. Moreover, as oxygen is usually present in industrial settings or directly from the atmosphere, the inorganic scavengers are known for their ability to operate in a broad range of challenging environmental conditions. However, there are also organic oxygen scavengers including but not limited to ascorbic acid and certain polymers, which are increasingly being used especially by the food and pharmaceutical industries due to their non-toxic nature. While the inorganic oxygen scavengers would maintain their dominant market position in the foreseeable future, the market for scavengers is changing so that the organic types are increasing in demand too and the trends toward green innovation influence the overall market.
By End-Use Industry
The food and beverage industry held the largest market share around 32% in 2023. As consumers prioritize freshness and safety, the adoption of advanced packaging solutions that incorporate oxygen scavengers has surged, allowing manufacturers to effectively inhibit oxidation and spoilage. This trend is particularly pronounced in perishable goods, such as meat, dairy, and ready-to-eat meals, where maintaining product integrity is crucial. While the pharmaceutical sector also represents a significant application for oxygen scavengers due to the need to preserve the stability of sensitive medications its growth is not as rapid as that of the food and beverage industry. Other sectors, including oil and gas, chemical, pulp, and paper, contribute to the overall market but generally utilize oxygen scavengers for specific corrosion control applications rather than for mass consumer products. As such, the food and beverage sector remains the key driver of growth in the oxygen scavenger market, reflecting broader consumer trends toward convenience and safety in food consumption.
The North America region held the largest market share around 44% in 2023. It is primarily driven by the robust demand from the food and beverage, pharmaceutical, and industrial sectors. The region benefits from a well-established food packaging industry, where the emphasis on food safety and quality has led to the widespread adoption of oxygen scavengers to enhance product longevity and reduce spoilage. Additionally, the pharmaceutical industry in North America is one of the largest globally, with stringent regulations regarding product integrity and efficacy, further propelling the use of oxygen scavengers in packaging solutions. The region's focus on innovation and technology has fostered the development of advanced scavenging solutions, making them more effective and environmentally friendly. Furthermore, the rising consumer awareness regarding food waste and the growing preference for packaged goods are contributing to the increasing demand for oxygen scavengers in North America.
Get Customized Report as per your Business Requirement - Request For Customized Report
Key Players
Key Manufacturers
SUEZ Water Technologies & Solutions (Oxygen Scavenger Products)
BASF SE (BASF Oxygen Scavengers)
Mitsubishi Gas Chemical Company, Inc. (MGK Oxygen Scavenger)
Arkema Group (Arkema Oxy-Saver)
Ecolab Inc. (Ecolab Oxygen Scavenger Solutions)
Clariant AG (Clariant OxyGuard)
Accepta (Accepta 8206)
Kraft Chemical Company (Kraft Oxygen Scavenger)
Cargill, Inc. (Cargill Oxygen Absorbers)
Sealed Air Corporation (Sealed Air Oxygen Scavenger Film)
Mitsui Chemicals, Inc. (Mitsui Oxygen Scavenger)
Tianjin Dagu Chemical Co., Ltd. (Dagu Oxygen Scavenger)
SABIC (SABIC Oxygen Scavenger Additives)
Air Products and Chemicals, Inc. (Air Products O2 Scavenger)
Brenntag AG (Brenntag Oxygen Scavenger Solutions)
ProAmpac (ProAmpac Oxygen Absorber Packets)
Nippon Gohsei (Nippon Gohsei Oxygen Scavenger)
Global Closing Solutions, Inc. (GCS Oxygen Scavenger)
MagneGas Corporation (MagneGas Oxygen Scavenger)
Synlogic, Inc. (Synlogic Oxygen Scavenger Technologies)
Key Users in End -Use Industry
Nestlé S.A.
PepsiCo, Inc.
Coca-Cola Company
Johnson & Johnson
Pfizer Inc.
ExxonMobil Corporation
In 2023, BASF launched a new line of biodegradable oxygen scavengers designed to enhance the shelf life of food products while minimizing environmental impact.
In 2023, SUEZ launched innovative oxygen scavenging technology tailored for industrial applications, focusing on corrosion prevention in water treatment systems.
In 2022, Ecolab introduced advanced oxygen scavenger solutions that improve the efficiency of water treatment processes in food processing plants, contributing to reduced waste and energy use.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | US$ 5.1 Billion |
| Market Size by 2032 | US$ 8.2 Billion |
| CAGR | CAGR of 6.0% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Type (Inorganic oxygen scavengers, Organic oxygens scavengers) • By End-use industry (Food & beverage, Pharmaceutical, Power, Oil & gas, Chemical, Pulp & paper, Others) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | SUEZ Water Technologies & Solutions, BASF SE, Mitsubishi Gas Chemical Company, Inc., Arkema Group, Ecolab Inc., Clariant AG, Accepta, and other players. |
| DRIVERS | • Demand for Fresh and Quality Packaged Food Is Growing • Growing Demand from End-Use Industries for Process Water • Consumer concern over reducing food waste and demand for advanced packaging is growing |
| Restraints | • Oxygen scavengers are non-volatile substances. • There are several oxygen scavenger compounds that have health risks. |
Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.
Ans: SUEZ Water Technologies & Solutions, BASF SE, Mitsubishi Gas Chemical Company, Inc., Arkema Group, Ecolab Inc., Clariant AG, Accepta, and other players are the major key players of Oxygen Scavenger Marke
Ans: Growing disposable incomes and a Rise in the Demand for Packaged Food in Emerging Economies are the opportunity for Oxygen Scavenger Market.
Ans: Demand for Fresh and Quality Packaged Food Is Growing and Growing Demand from End-Use Industries for Process Water.
Ans: Oxygen Scavenger Market Size was valued at USD 2.33 billion in 2023, and expected to reach USD 3.70 billion by 2032, and grow at a CAGR of 5.30 % over the forecast period 2024-2032.
Table of Content
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
3.1 Market Driving Factors Analysis
3.1.2 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 PESTLE Analysis
3.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Production Capacity and Utilization, by Country, by Type, 2023
5.2 Feedstock Prices, by Country, by Type, 2023
5.3 Regulatory Impact, by l Country, by Type, 2023.
5.4 Environmental Metrics: Emissions Data, Waste Management Practices, and Sustainability Initiatives, by Region
5.5 Innovation and R&D, by Type, 2023
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and supply chain strategies
6.4.3 Expansion plans and new Product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Oxygen Scavenger Market Segmentation, by Type
7.1 Chapter Overview
7.2 Inorganic oxygen scavengers
7.2.1 Inorganic oxygen scavengers Market Trends Analysis (2020-2032)
7.2.2 Inorganic oxygen scavengers Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Organic oxygen scavengers
7.3.1 Organic oxygens scavengers Market Trends Analysis (2020-2032)
7.3.2 Organic oxygens scavengers Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Oxygen Scavenger Market Segmentation, by End-Use Industry
8.1 Chapter Overview
8.2 Food & Beverage
8.2.1 Food & Beverage Market Trends Analysis (2020-2032)
8.2.2 Food & Beverage Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Pharmaceutical
8.3.1 Pharmaceutical Market Trends Analysis (2020-2032)
8.3.2 Pharmaceutical Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 Power
8.4.1 Power Market Trends Analysis (2020-2032)
8.4.2 Power Market Size Estimates and Forecasts to 2032 (USD Billion)
8.5 Oil & gas
8.5.1 Oil & gas Market Trends Analysis (2020-2032)
8.5.2 Oil & gas Market Size Estimates and Forecasts to 2032 (USD Billion)
8.6 Chemical
8.6.1 Chemical Market Trends Analysis (2020-2032)
8.6.2 Chemical Market Size Estimates and Forecasts to 2032 (USD Billion)
8.7 Pulp & paper
8.7.1 Pulp & paper Market Trends Analysis (2020-2032)
8.7.2 Pulp & paper Market Size Estimates and Forecasts to 2032 (USD Billion)
8.8 Others
8.8.1 Others Market Trends Analysis (2020-2032)
8.8.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Regional Analysis
9.1 Chapter Overview
9.2 North America
9.2.1 Trends Analysis
9.2.2 North America Oxygen Scavenger Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.2.3 North America Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.2.4 North America Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.2.5 USA
9.2.5.1 USA Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.2.5.2 USA Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.2.6 Canada
9.2.6.1 Canada Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.2.6.2 Canada Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.2.7 Mexico
9.2.7.1 Mexico Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.2.7.2 Mexico Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.3 Europe
9.3.1 Eastern Europe
9.3.1.1 Trends Analysis
9.3.1.2 Eastern Europe Oxygen Scavenger Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.3.1.3 Eastern Europe Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.3.1.4 Eastern Europe Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.3.1.5 Poland
9.3.1.5.1 Poland Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.3.1.5.2 Poland Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.3.1.6 Romania
9.3.1.6.1 Romania Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.3.1.6.2 Romania Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.3.1.7 Hungary
9.3.1.7.1 Hungary Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.3.1.7.2 Hungary Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.3.1.8 Turkey
9.3.1.8.1 Turkey Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.3.1.8.2 Turkey Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.3.1.9 Rest of Eastern Europe
9.3.1.9.1 Rest of Eastern Europe Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.3.1.9.2 Rest of Eastern Europe Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.3.2 Western Europe
9.3.2.1 Trends Analysis
9.3.2.2 Western Europe Oxygen Scavenger Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.3.2.3 Western Europe Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.3.2.4 Western Europe Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.3.2.5 Germany
9.3.2.5.1 Germany Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.3.2.5.2 Germany Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.3.2.6 France
9.3.2.6.1 France Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.3.2.6.2 France Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.3.2.7 UK
9.3.2.7.1 UK Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.3.2.7.2 UK Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.3.2.8 Italy
9.3.2.8.1 Italy Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.3.2.8.2 Italy Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.3.2.9 Spain
9.3.2.9.1 Spain Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.3.2.9.2 Spain Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.3.2.10 Netherlands
9.3.2.10.1 Netherlands Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.3.2.10.2 Netherlands Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.3.2.11 Switzerland
9.3.2.11.1 Switzerland Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.3.2.11.2 Switzerland Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.3.2.12 Austria
9.3.2.12.1 Austria Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.3.2.12.2 Austria Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.3.2.13 Rest of Western Europe
9.3.2.13.1 Rest of Western Europe Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.3.2.13.2 Rest of Western Europe Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.4 Asia Pacific
9.4.1 Trends Analysis
9.4.2 Asia Pacific Oxygen Scavenger Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.4.3 Asia Pacific Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.4.4 Asia Pacific Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.4.5 China
9.4.5.1 China Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.4.5.2 China Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.4.6 India
9.4.5.1 India Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.4.5.2 India Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.4.5 Japan
9.4.5.1 Japan Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.4.5.2 Japan Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.4.6 South Korea
9.4.6.1 South Korea Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.4.6.2 South Korea Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.4.7 Vietnam
9.4.7.1 Vietnam Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.2.7.2 Vietnam Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.4.8 Singapore
9.4.8.1 Singapore Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.4.8.2 Singapore Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.4.9 Australia
9.4.9.1 Australia Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.4.9.2 Australia Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.4.10 Rest of Asia Pacific
9.4.10.1 Rest of Asia Pacific Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.4.10.2 Rest of Asia Pacific Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.5 Middle East and Africa
9.5.1 Middle East
9.5.1.1 Trends Analysis
9.5.1.2 Middle East Oxygen Scavenger Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.5.1.3 Middle East Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.5.1.4 Middle East Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.5.1.5 UAE
9.5.1.5.1 UAE Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.5.1.5.2 UAE Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.5.1.6 Egypt
9.5.1.6.1 Egypt Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.5.1.6.2 Egypt Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.5.1.7 Saudi Arabia
9.5.1.7.1 Saudi Arabia Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.5.1.7.2 Saudi Arabia Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.5.1.8 Qatar
9.5.1.8.1 Qatar Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.5.1.8.2 Qatar Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.5.1.9 Rest of Middle East
9.5.1.9.1 Rest of Middle East Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.5.1.9.2 Rest of Middle East Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.5.2 Africa
9.5.2.1 Trends Analysis
9.5.2.2 Africa Oxygen Scavenger Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.5.2.3 Africa Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.5.2.4 Africa Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.5.2.5 South Africa
9.5.2.5.1 South Africa Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.5.2.5.2 South Africa Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.5.2.6 Nigeria
9.5.2.6.1 Nigeria Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.5.2.6.2 Nigeria Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.6 Latin America
9.6.1 Trends Analysis
9.6.2 Latin America Oxygen Scavenger Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.6.3 Latin America Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.6.4 Latin America Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.6.5 Brazil
9.6.5.1 Brazil Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.6.5.2 Brazil Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.6.6 Argentina
9.6.6.1 Argentina Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.6.6.2 Argentina Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.6.7 Colombia
9.6.7.1 Colombia Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.6.7.2 Colombia Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.6.8 Rest of Latin America
9.6.8.1 Rest of Latin America Oxygen Scavenger Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.6.8.2 Rest of Latin America Oxygen Scavenger Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10. Company Profiles
10.1 SUEZ Water Technologies & Solutions
10.1.1 Company Overview
10.1.2 Financial
10.1.3 Product / Services Offered
10.1.4 SWOT Analysis
10.2 BASF SE
10.2.1 Company Overview
10.2.2 Financial
10.2.3 Product / Services Offered
10.2.4 SWOT Analysis
10.3 Mitsubishi Gas Chemical Company, Inc.
10.3.1 Company Overview
10.3.2 Financial
10.3.3 Product / Services Offered
10.3.4 SWOT Analysis
10.4 Arkema Group
10.4.1 Company Overview
10.4.2 Financial
10.4.3 Product / Services Offered
10.4.4 SWOT Analysis
10.5 Ecolab Inc.
10.5.1 Company Overview
10.5.2 Financial
10.5.3 Product / Services Offered
10.5.4 SWOT Analysis
10.6 Clariant AG
10.6.1 Company Overview
10.6.2 Financial
10.6.3 Product / Services Offered
10.6.4 SWOT Analysis
10.7 Accepta
10.7.1 Company Overview
10.7.2 Financial
10.7.3 Product / Services Offered
10.7.4 SWOT Analysis
10.8 Cargill, Inc.
10.8.1 Company Overview
10.8.2 Financial
10.8.3 Product / Services Offered
10.8.4 SWOT Analysis
10.9 Mitsubishi Chemical Holding Corporation
10.9.1 Company Overview
10.9.2 Financial
10.9.3 Product / Services Offered
10.9.4 SWOT Analysis
10.10 Brenntag AG
10.10.1 Company Overview
10.10.2 Financial
10.10.3 Product / Services Offered
10.10.4 SWOT Analysis
11. Use Cases and Best Practices
12. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments:
By Type
Inorganic oxygen scavengers
Organic oxygens scavengers
By End-Use Industry
Food & Beverage
Pharmaceutical
Power
Oil & gas
Chemical
Pulp & paper
Others
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Product Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Product Matrix which gives a detailed comparison of product portfolio of each company
Geographic Analysis
Additional countries in any of the regions
Company Information
Detailed analysis and profiling of additional market players (Up to five)
The Lubricant Additives Market size was valued at USD 17.58 Billion in 2023 & will grow to USD 25.01 Billion by 2032 and grow at a CAGR of 4% by 2024-2032.
The Basalt Fiber Market Size was $278 million out of 2023 and is supposed to arrive at $712.7 million by 2031, and develop at a CAGR of 12.49% by 2024-2031
The Activated Carbon Market Size was valued at USD 4.9 billion in 2023 and is expected to reach USD 9.2 billion by 2032 and grow at a CAGR of 7.3% over the forecast period 2024-2032.
The Metal Finishing Chemicals Market Size was USD 12.1 billion in 2023, and will reach USD 18.8 billion by 2032, and grow at a CAGR of 5.1% by 2024-2032.
The Long Chain Dicarboxylic Acid Market Size was valued at USD 241.52 million in 2023 and is expected to reach USD 422.05 million by 2032 and grow at a CAGR of 7.34% over the forecast period 2024-2032.
The Butyl Rubber Market size was valued at USD 3.9 Billion in 2023. It is expected to grow to USD 6.9 Bn by 2032 and grow at a CAGR of 6.3% by 2024-2032.
Hi! Click one of our member below to chat on Phone
© 2024 All Rights Reserved by SNS Insider Pvt Ltd
