Oxygen Scavenger Market Analysis and Forecast to 2032: By Type (Inorganic Oxygen Scavengers, Organic Oxygen Scavengers), End-use Industry (Food & Beverage, Pharmaceutical, Power, Oil & Gas, Others), and Region
An oxygen scavenger is a chemical that is used to remove dissolved oxygen from aqueous solutions. Oxygen scavengers are used in a variety of industries, including power generation, oil and gas production, food and beverage processing, and pharmaceutical manufacturing.
Key Trends
There are a few key trends in oxygen scavenger technology that are worth mentioning. First, there is a trend towards using more natural and biodegradable oxygen scavengers. This is in response to the concerns about the environmental impact of traditional oxygen scavengers, which can be toxic. Second, there is a trend towards using oxygen scavengers that are more effective at lower concentrations. This is important because it reduces the amount of oxygen that is able to enter the system, and thus the amount of corrosion that can occur. Finally, there is a trend towards using oxygen scavengers that are less corrosive themselves. This is important because it reduces the amount of damage that can be done to the system by the oxygen scavenger itself.
Key Drivers
The key drivers of the oxygen scavenger market are the need for efficient removal of dissolved oxygen from boiler feedwater, the demand for corrosion protection in boiler systems, and the need for improved boiler performance.
Oxygen scavengers are used in boiler systems to remove dissolved oxygen from the feedwater, which can cause corrosion and boiler performance problems. In addition, oxygen scavengers can improve boiler performance by reducing the amount of dissolved oxygen in the boiler water.
Restraints & Challenges
One of the key restraints for the oxygen scavenger market is the stringent environmental regulations. The use of oxygen scavengers results in the release of chemicals such as sulfites and bisulfites into the environment. These chemicals are known to have a negative impact on the environment.
In addition, the use of oxygen scavengers can also lead to the formation of hazardous byproducts such as sulfuric acid.
Another key challenge for the oxygen scavenger market is the high cost associated with the technology. Oxygen scavengers are typically more expensive than other methods of oxygen removal such as adsorption.
As a result, companies must carefully consider the cost of oxygen scavengers when making decisions about whether to implement the technology.
Market Segments
The Oxygen Scavenger Market is segmented by type, end-use industry, and region. By type, the market is divided into inorganic oxygen scavengers and organic oxygen scavengers. Based on end-use industry, it is bifurcated into food & beverage, pharmaceutical, power, oil & gas, and others. Region-wise, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
The Oxygen Scavenger Market includes players such as Mitsubishi Gas Chemical Company, Inc., Clariant AG, Henkel AG & Co. KGaA, Sealed Air Corporation, Multisorb Technologies Inc., Desiccare, Inc., Angus Chemical Company, Solenis LLC, Arkema and Tetra Technologies, Inc.
Table of Contents
Chapter 1. Market Introduction
1.1. Objectives of the Study
1.2. Market Definition and Research & Scope
1.3. Research Methodologies
1.4. Market Estimation Techniques
Chapter 2. Executive Summary
2.1. Summary
2.2. Key Highlights of the Market
Chapter 3. Oxygen Scavenger Market Outlook
3.1. Oxygen Scavenger Market segmentation
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.1.1. Driver 1
3.2.1.2. Driver 2
3.2.1.3. Driver 3
3.2.2. Market Restraints
3.2.2.1. Restraint 1
3.2.2.2. Restraint 2
3.2.3. Market Opportunities
3.2.3.1. Opportunity 1
3.2.3.2. Opportunity 2
3.3. Porter’s Five Forces Analysis
3.3.1. Threat of New Entrants
3.3.2. Threat of Substitutes
3.3.3. Bargaining Power of Buyers
3.3.4. Bargaining Power of Supplier
3.3.5. Competitive Rivalry
3.4. PESTLE Analysis
3.5. Value Chain Analysis
3.5.1. Raw Material Suppliers
3.5.2. Manufacturers
3.5.3. Wholesalers and/or Retailers
3.6. Impact of the Russia and Ukraine War on the Oxygen Scavenger Market
Chapter 4. Economic Impact of COVID-19 on Oxygen Scavenger Market
4.1. Overall Impact of COVID-19
4.2. Impact of COVID On the Oxygen Scavenger Market
4.3. Economic Impact Analysis
Chapter 5. Oxygen Scavenger Market by Type
5.1. Market Overview
5.2. Inorganic oxygen scavengers
5.2.1. Market Size and Forecast, 2021-2031 ($Million)
5.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.3. Organic oxygens scavengers
5.3.1. Market Size and Forecast, 2021-2031 ($Million)
5.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
Chapter 6. Oxygen Scavenger Market by End Use Industry
6.1. Market Overview
6.2. Food & beverage
6.2.1. Market Size and Forecast, 2021-2031 ($Million)
6.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.3. Pharmaceutical
6.3.1. Market Size and Forecast, 2021-2031 ($Million)
6.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.4. Power
6.4.1. Market Size and Forecast, 2021-2031 ($Million)
6.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.5. Oil & gas
6.5.1. Market Size and Forecast, 2021-2031 ($Million)
6.5.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.6. Chemical
6.6.1. Market Size and Forecast, 2021-2031 ($Million)
6.6.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
Chapter 7. Oxygen Scavenger Market, by Region
7.1. Overview
7.2. North America
7.2.1. Key Market Trends and Opportunities
7.2.2. North America Oxygen Scavenger Market Size and Forecast by Type, 2021-2031, ($Million)
7.2.3. North America Oxygen Scavenger Market Size and Forecast by End Use Industry, 2021-2031, ($Million)
7.2.4. North America Oxygen Scavenger Market Size and Forecast by Country, 2021-2031, ($Million)
7.2.5. The U.S.
7.2.5.1. The U.S. Oxygen Scavenger Market Size and Forecast by Type, 2021-2031, ($Million)
7.2.5.2. The U.S. Oxygen Scavenger Market Size and Forecast by End Use Industry, 2021-2031, ($Million)
7.2.6. Canada
7.2.6.1. Canada Oxygen Scavenger Market Size and Forecast by Type, 2021-2031, ($Million)
7.2.6.2. Canada Oxygen Scavenger Market Size and Forecast by End Use Industry, 2021-2031, ($Million)
7.2.7. Mexico
7.2.7.1. Mexico Oxygen Scavenger Market Size and Forecast by Type, 2021-2031, ($Million)
7.2.7.2. Mexico Oxygen Scavenger Market Size and Forecast by End Use Industry, 2021-2031, ($Million)
7.3. Europe
7.3.1. Key Market Trends and Opportunities
7.3.2. Europe Oxygen Scavenger Market Size and Forecast by Type, 2021-2031, ($Million)
7.3.3. Europe Oxygen Scavenger Market Size and Forecast by End Use Industry, 2021-2031, ($Million)
7.3.4. Europe Oxygen Scavenger Market Size and Forecast by Country, 2021-2031, ($Million)
7.3.5. Germany
7.3.5.1. Germany Oxygen Scavenger Market Size and Forecast by Type, 2021-2031, ($Million)
7.3.5.2. Germany Oxygen Scavenger Market Size and Forecast by End Use Industry, 2021-2031, ($Million)
7.3.6. France
7.3.6.1. France Oxygen Scavenger Market Size and Forecast by Type, 2021-2031, ($Million)
7.3.6.2. France Oxygen Scavenger Market Size and Forecast by End Use Industry, 2021-2031, ($Million)
7.3.7. U.K.
7.3.7.1. U.K. Oxygen Scavenger Market Size and Forecast by Type, 2021-2031, ($Million)
7.3.7.2. U.K. Oxygen Scavenger Market Size and Forecast by End Use Industry, 2021-2031, ($Million)
7.3.8. Spain
7.3.8.1. Spain Oxygen Scavenger Market Size and Forecast by Type, 2021-2031, ($Million)
7.3.8.2. Spain Oxygen Scavenger Market Size and Forecast by End Use Industry, 2021-2031, ($Million)
7.3.9. Italy
7.3.9.1. Italy Oxygen Scavenger Market Size and Forecast by Type, 2021-2031, ($Million)
7.3.9.2. Italy Oxygen Scavenger Market Size and Forecast by End Use Industry, 2021-2031, ($Million)
7.3.10. Rest of Europe
7.3.10.1. Rest of Europe Oxygen Scavenger Market Size and Forecast by Type, 2021-2031, ($Million)
7.3.10.2. Rest of Europe Oxygen Scavenger Market Size and Forecast by End Use Industry, 2021-2031, ($Million)
7.4. Asia-Pacific
7.4.1. Key Market Trends and Opportunities
7.4.2. Asia-Pacific Oxygen Scavenger Market Size and Forecast by Country, 2021-2031, ($Million)
7.4.3. Asia-Pacific Oxygen Scavenger Market Size and Forecast by End Use Industry, 2021-2031, ($Million)
7.4.4. Asia-Pacific Oxygen Scavenger Market Size and Forecast by Type, 2021-2031, ($Million)
7.4.5. China
7.4.5.1. China Oxygen Scavenger Market Size and Forecast by Type, 2021-2031, ($Million)
7.4.5.2. China Oxygen Scavenger Market Size and Forecast by End Use Industry, 2021-2031, ($Million)
7.4.6. India
7.4.6.1. India Oxygen Scavenger Market Size and Forecast by Type, 2021-2031, ($Million)
7.4.6.2. India Oxygen Scavenger Market Size and Forecast by End Use Industry, 2021-2031, ($Million)
7.4.7. Japan
7.4.7.1. Japan Oxygen Scavenger Market Size and Forecast by Type, 2021-2031, ($Million)
7.4.7.2. Japan Oxygen Scavenger Market Size and Forecast by End Use Industry, 2021-2031, ($Million)
7.4.8. South Korea
7.4.8.1. South Korea Oxygen Scavenger Market Size and Forecast by Type, 2021-2031, ($Million)
7.4.8.2. South Korea Oxygen Scavenger Market Size and Forecast by End Use Industry, 2021-2031, ($Million)
7.4.9. Rest of APAC
7.4.9.1. Rest of APAC Oxygen Scavenger Market Size and Forecast by Type, 2021-2031, ($Million)
7.4.9.2. Rest of APAC Oxygen Scavenger Market Size and Forecast by End Use Industry, 2021-2031, ($Million)
7.5. Rest of the World
7.5.1. Key Market Trends and Opportunities
7.5.2. Rest of the World Oxygen Scavenger Market Size and Forecast by Type, 2021-2031, ($Million)
7.5.3. Rest of the World Oxygen Scavenger Market Size and Forecast by End Use Industry, 2021-2031, ($Million)
7.5.4. Rest of the World Oxygen Scavenger Market Size and Forecast by Country, 2021-2031, ($Million)
7.5.5. Latin America
7.5.5.1. Latin America Oxygen Scavenger Market Size and Forecast by Type, 2021-2031, ($Million)
7.5.5.2. Latin America Oxygen Scavenger Market Size and Forecast by End Use Industry, 2021-2031, ($Million)
7.5.6. Middle East
7.5.6.1. Middle East Oxygen Scavenger Market Size and Forecast by Type, 2021-2031, ($Million)
7.5.6.2. Middle East Oxygen Scavenger Market Size and Forecast by End Use Industry, 2021-2031, ($Million)
7.5.7. Africa
7.5.7.1. Africa Oxygen Scavenger Market Size and Forecast by Type, 2021-2031, ($Million)
7.5.7.2. Africa Oxygen Scavenger Market Size and Forecast by End Use Industry, 2021-2031, ($Million)
Chapter 8. Competitive Landscape
8.1. Market Overview
8.2. Market Share Analysis/Key Player Positioning
8.3. Developmental Strategy Benchmarking
8.3.1. New Product Development
8.3.2. Product Launches
8.3.3. Business Expansions
8.3.4. Partnerships, Joint Ventures, and Collaborations
8.3.5. Mergers and Acquisitions
Chapter 9. Company Profiles
9.1. Mitsubishi Gas Chemical Company, Inc.
9.1.1. Company Snapshot
9.1.2. Financial Performance
9.1.3. Product Offerings
9.1.4. Key Strategic Initiatives
9.1.5. SWOT Analysis
9.2. Clariant AG
9.2.1. Company Snapshot
9.2.2. Financial Performance
9.2.3. Product offerings
9.2.4. Key Strategic Initiatives
9.2.5. SWOT Analysis
9.3. Henkel AG & Co. KGaA
9.3.1. Company Snapshot
9.3.2. Financial Performance
9.3.3. Product offerings
9.3.4. Key Strategic Initiatives
9.3.5. SWOT Analysis
9.4. Sealed Air Corporation
9.4.1. Company Snapshot
9.4.2. Financial Performance
9.4.3. Product offerings
9.4.4. Key Strategic Initiatives
9.4.5. SWOT Analysis
9.5. Multisorb Technologies Inc.
9.5.1. Company Snapshot
9.5.2. Financial Performance
9.5.3. Product offerings
9.5.4. Key Strategic Initiatives
9.5.5. SWOT Analysis
9.6. Desiccare, Inc.
9.6.1. Company Snapshot
9.6.2. Financial Performance
9.6.3. Product offerings
9.6.4. Key Strategic Initiatives
9.6.5. SWOT Analysis
9.7. Angus Chemical Company
9.7.1. Company Snapshot
9.7.2. Financial Performance
9.7.3. Product offerings
9.7.4. Key Strategic Initiatives
9.7.5. SWOT Analysis
9.8. Solenis LLC
9.8.1. Company Snapshot
9.8.2. Financial Performance
9.8.3. Product offerings
9.8.4. Key Strategic Initiatives
9.8.5. SWOT Analysis
9.9. Arkema
9.9.1. Company Snapshot
9.9.2. Financial Performance
9.9.3. Product offerings
9.9.4. Key Strategic Initiatives
9.9.5. SWOT Analysis
9.10. Tetra Technologies, Inc.
9.10.1. Company Snapshot
9.10.2. Financial Performance
9.10.3. Product offerings
9.10.4. Key Strategic Initiatives
9.10.5. SWOT Analysis
*The list of company is subject to change during the final compilation of the report
Key Players
Market Segments
By Type
- Inorganic oxygen scavengers
- Organic oxygens scavengers
By End-use industry
- Food & beverage
- Pharmaceutical
- Power
- Oil & gas
- Others
By Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- Middle East
- Africa