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Industrial Oxygen Market is Poised to Exhibit A Moderate 6.0% CAGR through 2029

Future Market Insights (FMI), in its new publication, offers a perspective on the future trajectory of the global industrial oxygen market for the period between 2019 and 2029. As per the report, global sales of industrial oxygen reached ~380 million tons in 2018, equaling revenues worth ~US$ 45 Mn. With rapid growth in steel production to meet the demand from upcoming infrastructural projects, industrial oxygen manufacturers are hard-pressed to adopt advanced technologies, to enhance their production capacities.

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Industrial Oxygen Market is Poised to Exhibit A Moderate 6.0% CAGR through 2029

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  1. Industrial Oxygen Market March 2020 Report Id : REP-GB-10071 Published On : July-2019 Category : Chemicals and Materials www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved

  2. About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solution for our client. Research Capabilities Sector Coverage             Customized Research Syndicated Research Investment Research Social Media Research Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Industrial Automation and Equipment Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas Customized Research Syndicated Research Investment Research Social Media Research Subscription Information For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 2 © 2019 Future Market Insights, All Rights Reserved

  3. Research Methodology (1/2) Systematic Research Approach 1 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. Research & Intelligence Data Collection Data Filter & Analysis Actionable Insights Business Solution Market profiling 2 FMI formulates a detailed discussion guide to conduct expert and industry interviews     Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Formulating discussion guide 3 A FMI develops a list of industry players (manufacturers), distributors, retailers and industry experts Primary Research       Key industry experts Developing list of respondents Channel study B Developments 4 FMI conducts interviews with industry experts, industry players, distributors and retailers SOLUTION Desk Research Market dynamics Data collection Products      Market participants C Conclusions Key strengths Company Analysis Data is validated by triangulation method, wherein secondary, primary and FMI analysis contribute to the final data 5 Product portfolio Data validation Mapping as per value chain Key focus segments 6 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry Data analysis Primary Research # Secondary Research # Paid Publications#           Linkedin Zoominfo Salesforce Avention Company websites Company annual reports White papers Financial reports Factiva GBI Genios Meltwater 7 FMI delivers industry insights and information in the required format (PDF) Insights   # includes sources of databases www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 3 © 2019 Future Market Insights, All Rights Reserved

  4. Industrial Oxygen Market Analysis Future Market Insights (FMI), in its new publication, offers a perspective on the future trajectory of the global industrial oxygen market for the period between 2019 and 2029. As per the report, global sales of industrial oxygen reached ~380 million tons in 2018, equaling revenues worth ~US$ 45 Mn. With rapid growth in steel production to meet the demand from upcoming infrastructural projects, industrial oxygen manufacturers are hard-pressed to adopt advanced technologies, to enhance their production capacities. Market players have been strategically establishing air separation unit (ASU) production facilities, especially in developing countries, in partnership with local manufacturers. The report suggests that these partnerships aim to address the bulk requirements of industrial oxygen and other industrial gases in a whopping number of steel projects. However, industrial oxygen manufacturing uses tremendous amount of electricity and requires large and sophisticated equipment to separate, purify, and store these gases, which represent a threat to the steady growth of the market. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 4 © 2019 Future Market Insights, All Rights Reserved

  5. Industrial Oxygen Market Analysis Key Players Explore Untapped Markets to Drive Sales Opportunities FMI’s study finds that the industrial oxygen market is likely to grow at a CAGR of ~6% through 2029. One of the recent trends in the market is cracking the code of M&A activities with regional stakeholders to reduce transportation expense and supply loads, which in turn, reduces the overall cost for end users. With variation in the demand from different end users, compressed oxygen gas in single cylinders, which continues to be a low-cost, versatile method of oxygen supply, are likely to witness significant sales even in cost-sensitive markets. However, liquefied oxygen will continue to gain momentum in a multitude of industries, attributing to its high convenience quotient in terms of transportation and storage, irrespective of volume. According to the study, innovations have been forthcoming for application of high-purity (>99%) industrial oxygen in a number of non-traditional areas. The market has been benefiting from rising demand for food-grade industrial gases that not only comply with the food grade standards but also help maintain the freshness of end products. Further, considering the limiting features of conventional stationary oxygen concentrators for patients with chronic obstructive pulmonary disease (COPD), market players mainly operating in medical gases sector are working on portable oxygen concentrators. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 5 © 2019 Future Market Insights, All Rights Reserved

  6. Industrial Oxygen Market Analysis As industrial oxygen remains critical to the successful operations of a variety of manufacturing processes in steel and chemical industries, significant focus has been placed on the development of large-scale cryogenic air separation technology. Representing revenue share of ~70%, cryogenic air separation process of industrial oxygen continues to witness higher investments and innovations, according to the study. The study opines that as manufacturing base of the world continues to shift towards developing countries in Asia Pacific where operational costs are relatively low, market stakeholders are directing their investments in setting up production facilities catering to steelmaking and other manufacturing industries. In Asia Pacific, demand for industrial oxygen keeps cropping up in various sectors including pharmaceutical & biotechnology and water & wastewater treatment, providing an added advantage to manufacturers, looking to reach newer consumer bases. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 6 © 2019 Future Market Insights, All Rights Reserved

  7. Industrial Oxygen Market Analysis As per the study, ongoing consolidation of key players are creating entry barriers for local players. With the similarities of core businesses, there has been no significant obstacles to mergers for leading stakeholders. However, lack of funding and minimal technology upgradation have restricted the competitive advantage for smaller players. Moreover, manufacturers and suppliers of industrial oxygen will remain focused on establishing long-term supply agreements with end users to stay ahead of the pack. Press Release Source: https://www.globenewswire.com/news- release/2019/08/22/1905632/0/en/Global-Demand-for-Industrial-Oxygen-Likely- to-Rise-at-6-CAGR-through-2029-Future-Market-Insights.html www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 7 © 2019 Future Market Insights, All Rights Reserved

  8. Industrial Oxygen Market Analysis More from FMI’s Chemicals & Materials Market Intelligence: • Technical Textiles Market • Engineering Plastics Market • Ceramic Tiles Market About Future Market Insights (FMI) Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India. FMI’s largest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 8 © 2019 Future Market Insights, All Rights Reserved

  9. Industrial Oxygen Market Analysis Contact Mr. Abhishek Budholiya Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A, Jumeirah Lakes Towers, Dubai, United Arab Emirates MARKET ACCESS DMCC Initiative For Sales Enquiries: sales@futuremarketinsights.com For Media Enquiries: press@futuremarketinsights.com Future Market Insights Click here to Order a free sample For more insights on the Industrial Oxygen Market, you can request a report sample with full TOC at https://www.futuremarketinsights.com/reports/sample/rep-gb-10071 www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 9 © 2019 Future Market Insights, All Rights Reserved

  10. To know more about us, please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: sales@futuremarketinsights.com For media queries, contact the press office at press@futuremarketinsights.com For other queries contact: Hari. T (Sr. Manager - Global Business Development) Future Market Insights: 3rd Floor, 207 Regent Street, London W1B 3HH T: +44 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Future Market Insights Global & Consulting Private Limited (FMI) Thank You www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 10 © 2019 Future Market Insights, All Rights Reserved

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