The Global Oxygen Scavenger Market is expected to grow to a value of more than $3 billion by 2026, with a CAGR of 5%.
Oxygen Scavenger: Introduction
Oxygen scavenger or oxygen safeguards are added to encased packaged to help eliminate or diminish the degree of oxygen in the package. They are utilized to assist with keeping up with item security and broaden shelf life. There are many kinds of oxygen safeguards accessible to cover a wide exhibit of applications.
The parts of an oxygen safeguard fluctuate as indicated by planned use, the water movement of the item being protected, and different elements. Frequently the oxygen absorber or scavenger is encased in a permeable sachet or packet, yet it can likewise be essential for packaging films and structures.
By Market Players:
- Mitsubishi Gas Chemical
- Sealed Air
- Clariant International
- BASF
- GE(Baker Hughes)
- Ecolab
- Suez Water
- Arkema
- Kemira
- Solenis
By Type
- Metallic oxygen scavengers
- Non-metallic oxygen scavengers
By Application
- Food & beverage
- Pharmaceutical
- Power
- Oil & gas
- Chemical
- Pulp & paper
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Market overview
Developing interest for oxygen scavenger from the processed food area is driving the market. Moreover, expanding alertness around decreasing food wastage due to unhygienic and inappropriate packaging are additionally driving the oxygen scavenger market. Development in the interest for water from modern cycles utilized in different ventures like food and drink, power, oil and gas, substance, and pulp and paper, are additionally driving the market.
High-impact microscopic organisms and food deterioration microorganisms, debasement and tartness of conjugated fats and oils, the redox of nutrients A, C, and E, and the non-enzymatic colouring of new vegetables and natural products are restrained by oxygen scavenger. The utilization of oxygen scavenger intends to work on the health of items. These reasons are further helping the worldwide market.
Because of the rising interest for quality food varieties, there are new item advancements in the market and that’s just the beginning and more producers are leaned towards the improvement of less poisonous scavenger with an expanding scope of utilizations.
In addition, the unintentional ingestion of the sachet by shoppers and expected spill/leak of the sachet substance into food is the major compel related oxygen scavenger. The security concerns connected with the treatment of oxygen scavenger are likewise a limiting element in the market development. Moreover, the new items advancements and rising requests from arising economies can set out rewarding open doors in the worldwide oxygen scavenger market.
Economic growth
The Global Oxygen Scavenger Market size was 42.2 billion in 2021, and is expected to grow to a value of more than $3 billion by 2026, with a CAGR (compound annual growth rate) of 5% from 2021 to 2026.
Market segmentation: Analysis
The Global Oxygen Scavenger Market is segmented by type, end-user, and region.
On the basis of type – Inorganic oxygen scavengers, and Organic oxygens scavengers.
On the basis of end-user – Food & beverage, Pharmaceutical, Power, Oil & gas, Chemical, and Pulp & paper.
On the basis of region – North America, APAC, Europe, Middle East & Africa, and South America.
Main manufacturers in the Global Oxygen Scavenger Market are:
- Mitsubishi Gas Chemical Company, Inc. (Japan)
- BASF SE (Germany)
- Clariant AG (Switzerland)
- Ecolab Inc. (US)
- SUEZ Water Technologies & Solutions (US)
Table Of Content:
- Market Overview
- Company Profiles
- Market Competition, by Players
- Market Size Segment by Type
- Market Size Segment by Application
- North America by Country, by Type, and by Application
- Europe by Country, by Type, and by Application
- Asia-Pacific by Region, by Type, and by Application
- South America by Country, by Type, and by Application
- Middle East & Africa by Country, by Type, and by Application
- Research Findings and Conclusion
- Appendix
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