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Oxygen Scavengers - Global Market Trajectory & Analytics

  • ID: 4805896
  • Report
  • January 2021
  • Region: Global
  • 286 pages
  • Global Industry Analysts, Inc
Global Oxygen Scavengers Market to Reach US$ 2.6 Billion by the Year 2027

Amid the COVID-19 crisis, the global market for Oxygen Scavengers estimated at US$ 1.9 Billion in the year 2020, is projected to reach a revised size of US$ 2.6 Billion by 2027, growing at a CAGR of 4.4% over the period 2020-2027.Metallic, one of the segments analyzed in the report, is projected to grow at a 4% CAGR to reach US$ 1.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-Metallic segment is readjusted to a revised 5% CAGR for the next 7-year period. This segment currently accounts for a 37% share of the global Oxygen Scavengers market.



The U.S. Accounts for Over 28.5% of Global Market Size in 2020, While China is Forecast to Grow at a 6.5% CAGR for the Period of 2020-2027

The Oxygen Scavengers market in the U.S. is estimated at US$ 545.3 Million in the year 2020. The country currently accounts for a 28.5% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$ 374.9 Million in the year 2027 trailing a CAGR of 6.5% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9% and 4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.2% CAGR while Rest of European market (as defined in the study) will reach US$ 374.9 Million by the year 2027.The publisher brings years of research experience to this 6th edition of the report. The 282-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Select Competitors (Total 46 Featured):
  • Accepta Water Treatment
  • Aditya Birla Chemicals India Ltd.
  • Arkema Group
  • Baker Hughes, a GE company
  • BASF SE
  • Chemfax
  • Chemtex Speciality Limited
  • Clariant International Ltd.
  • Eastman Chemical Company
  • Ecolab, Inc.
  • Esseco Uk Limited
  • Guardian Chemicals, Inc.
  • Henkel AG & Co. KGaA
  • Hydrite Chemical Company
  • Innospec, Inc.
  • Kemira Oyj
  • Lonza Group AG
  • MCC Chemicals, Inc.
  • Mitsubishi Gas Chemical Co., Inc.
  • PolyOne Corporation
  • Roemex Ltd.
  • Sealed Air Corporation
  • Solenis LLC
  • SUEZ Water UK
  • Thermax Ltd.

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • A Prelude to Oxygen Scavengers
  • Benefits of Oxygen Scavengers
  • Oxygen Scavenging Chemicals
  • Variants of Oxygen Scavenger Agents
  • Metallic Scavengers
  • Polymer-based Scavengers
  • Organic Scavengers
  • Impact of COVID-19 on the Global Economy
  • EXHIBIT 1: World Economic Growth Projections (Real GDP, Annual % Change) for 2019, 2020 & 2021
  • Global Oxygen Scavenger Market: Current & Future Prospects
  • Metallic Oxygen Scavengers Dominate, Non-Metallic to Witness Fastest Growth
  • Food & Beverage Industry Leads the Global Oxygen Scavengers Market
  • Developed Regions Dominate, Asia-Pacific to Register Fastest Growth
  • Competition
2. FOCUS ON SELECT PLAYERS
  • Recent Market Activity
  • Select World Brands
3. MARKET TRENDS & DRIVERS
  • Increase in Adoption of Oxygen Scavenging Films for Food Packaging
  • Food Safety Emerges as a Major Concern for Public Health Systems
  • Increasing Risk of Food Fraud to Drive the Demand for Oxygen Scavengers in Food & Beverage Sector
  • At-home Consumption Products Find Favor
  • Increasing Focus on Safe and High-Quality Foods Propels Oxygen Scavengers Demand
  • Increasing Consumption of Meat and Dairy Products to Augment Demand for Oxygen Scavengers
  • Technological Advances in Barrier & Oxygen-Scavenging
  • Increasing Demand for Aseptic Packaging Solutions Augurs Well for Oxygen Scavengers Market
  • EXHIBIT 2: Global Aseptic Packaging Market: Annual Revenues in US$ Billion for the Years 2018, 2020, 2022 and 2024
  • Recent Key Developments in Oxygen Scavenger Films
  • Use of Nanomaterials in Food Packaging as Nanoactive Oxygen Absorbing Films
  • Eco-friendly Oxygen Absorbing Films
  • Use of Oxygen Scavenging Films for Food Packaging: Future Scope and Research Areas
  • Strong Rise in Pharmaceutical Sales to Drive Demand for Oxygen Scavengers in Pharmaceutical Sector
  • EXHIBIT 3: Global Prescription Drug Sales (In US$ Billion) for the Years 2017, 2019, 2021, 2023 & 2025
  • Rapid Growth of Generic Drugs Augurs Well for Oxygen Scavengers Market
  • EXHIBIT 4: Global Generic Drugs Market Size (in $ Billion) for the Years 2016, 2019, 2020 & 2025
  • Demand for Oxygen Scavengers in Oil & Gas Industry to Witness Steady Increase in the Long Term
  • EXHIBIT 5: Global Oil & Gas E&P Industry Spending (2015-2021E)
  • EXHIBIT 6: Global Daily Crude Oil Demand in Million Barrels for the Years 2015 through 2020
  • Select Product Developments
  • Clariant Unveils CESA ProTect
  • PolyOne Offers ColorMatrix Amosorb 4020G Oxygen Scavenger
  • MACRO GROWTH FACTORS IMPACTING OXYGEN SCAVENGERS MARKET
  • EXHIBIT 7: World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
  • Increasing Burden of Chronic Disease to Drive the Demand for Caps and Closures for Pharmaceuticals
  • EXHIBIT 8: Global Cancer Incidence: Number of New Cancer Cases in Million for the Years 2018, 2020, 2025, 2030, 2035 and 2040
  • EXHIBIT 9: World Diabetes and Population Statistics (2019, 2030 & 2045)
  • Urbanization Trend
  • EXHIBIT 10: World Urban Population in Thousands: 1950-2050P
  • Burgeoning Middle Class Population
  • EXHIBIT 11: Global Middle Class Population (in Millions) and as a Percentage of Total Population: 2005, 2015, 2025 & 2035
  • EXHIBIT 12: Global Middle Class Spending (US$ Trillion) by Region for the Years 2017, 2025P, 2030P
  • Changing Lifestyles & Demographic Structure
4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA
IV. COMPETITION
  • Total Companies Profiled: 110
Note: Product cover images may vary from those shown
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