Global Oxygen Market Size & Outlook, 2022-2030
The oxygen industry worldwide is expected to reach a projected revenue of US$ 87,246.8 million by 2030. A compound annual growth rate of 7.3% is expected of the worldwide oxygen industry from 2023 to 2030.
Revenue, 2022 (US$M)
$49,470.6
Forecast, 2030 (US$M)
$87,246.8
CAGR, 2023 - 2030
7.3%
Report Coverage
Worldwide
Global oxygen market, 2018-2030 (US$M)
Related Markets
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Global oxygen market highlights
- The global oxygen market generated a revenue of USD 49,470.6 million in 2022 and is expected to reach USD 87,246.8 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 7.3% by 2030.
- In terms of segment, medical accounted for a revenue of USD 22,068.2 million in 2022.
- Medical is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, Mexico is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 49,470.6 million |
| Market revenue in 2030 | USD 87,246.8 million |
| Growth rate | 7.3% (CAGR from 2022 to 2030) |
| Largest segment | Medical |
| Fastest growing segment | Medical |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Medical, Metals & Mining, Water Treatment |
Other key industry trends
- In terms of revenue, the North America accounted for 24.2% of the global oxygen market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Mexico is the fastest growing regional market and is projected to reach USD 1,704.9 million by 2030.
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Oxygen Market Scope
Oxygen market segmentation & scope
Food & Beverages
Chemicals
Pharmaceuticals
Electronics
Oil Refining
Ammonia
Transportation
Oil & Gas
Medical
Fire Suppressant
Metals & Mining
Water Treatment
Healthcare
Manufacturing
Metal working
Lamps
Others
Methanol
Steel
Regions
Angola
Latin America
Europe
North America
Middle East & Africa
Asia Pacific
Countries
Canada
Mexico
U.S.
Germany
Switzerland
UK
France
Italy
Spain
Netherlands
Russia
China
India
Japan
South Korea
Malaysia
Indonesia
Vietnam
Australia
New Zealand
Brazil
Argentina
Chile
Colombia
Iran
Oman
UAE
Qatar
Kuwait
Saudi Arabia
South Africa
Nigeria
Oxygen Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global oxygen market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to oxygen market will help companies and investors design strategic landscapes.
Medical was the largest segment with a revenue share of 44.61% in 2022. Horizon Databook has segmented the Global oxygen market based on medical, metals & mining, water treatment covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Oxygen Application Outlook (Revenue, USD Million, 2018-2030)
- Food & Beverages
- Chemicals
- Pharmaceuticals
- Electronics
- Oil Refining
- Ammonia
- Transportation
- Oil & Gas
- Medical
- Fire Suppressant
- Metals & Mining
- Water Treatment
- Healthcare
- Manufacturing
- Metal working
- Lamps
- Others
- Methanol
- Steel
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Target buyers of Global oxygen market databook
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Horizon Databook provides a detailed overview of global-level data and insights on the Global oxygen market , including forecasts for subscribers. This global databook contains high-level insights into Global oxygen market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global oxygen market size, by region, 2018-2030 (US$M)
Top 10 countries: Oxygen market size, 2022 (US$M)
Global oxygen market share, by application, 2022 & 2030 (%, US$M)
oxygen market: Opportunity assessment by country
Global oxygen market, by region, 2022 (US$M)
Related regional statistics
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