Oxygen is a chemical element with symbol O and atomic number 8. It is a member of the chalcogen group on the periodic table and is a highly reactive nonmetal and oxidizing agent that readily forms oxides with most elements as well as other compounds. By mass, oxygen is the third-most abundant element in the universe, after hydrogen and helium. At standard temperature and pressure, two atoms of the element bind to form dioxygen, a colorless and odorless diatomic gas with the formula O2. This is an important part of the atmosphere and diatomic oxygen gas constitutes 20.8% of the Earth's atmosphere. Additionally, as oxides the element also makes up almost half of the Earth's crust.
Major factors driving growth of this market include the stable development of metallurgy, ceramics, glass, medical and other industries, the improvement of Oxygen-generating Technology, Decline in production costs, The currently promoting energy-saving and emission-reduction by government.
Asia-Pacific market is expected to become the fastest growing market, increasing product availability is the key point.
Asia-Pacific is poised to grow at the highest CAGR during the forecast period owing to Rapid development of metallurgy, medical treatment and chemical industry, increasing environmental awareness in this region, and rising focus of prominent players on the APAC market increasing technology level.
The average price will fall further
The product average price declined in the past few years due to the technology development, the average price will keep this trend in the few future years due to inc ...
Table of Contents
2019-2024 Global Oxygen Consumption Market Report
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Oxygen Consumption 2014-2024
2.1.2 Oxygen Consumption CAGR by Region
2.2 Oxygen Segment by Type
2.2.1 Medical Oxygen
2.2.2 Industrial Oxygen
2.3 Oxygen Consumption by Type
2.3.1 Global Oxygen Consumption Market Share by Type (2014-2019)
2.3.2 Global Oxygen Revenue and Market Share by Type (2014-2019)
2.3.3 Global Oxygen Sale Price by Type (2014-2019)
2.4 Oxygen Segment by Application
2.4.1 Metallurgical Industry
2.4.2 Chemical Industry
2.5 Oxygen Consumption by Application
2.5.1 Global Oxygen Consumption M ...