According to a market report by Lucintel, the future of the Global Active Oxygen Market looks promising with opportunities in the medical, industrial, and scientific markets. The global active oxygen market is expected to reach an estimated $5 billion by 2030 with a CAGR of 5.2% from 2024 to 2030. The major drivers for this market are increasing use of active oxygens in FMCG items such as toothpaste and detergents, technological development in manufacturing of refinery additives to reduce production cost, as well as, rising demand for consistent supply of clean and treated water from consumers.
A more than 150–page
report is developed to understand Trends, opportunity and forecast in active
oxygen market to 2030 by form (gaseous, liquid, and solid), application
(pharmaceutical, cosmetic, mining and mineral processing, automobile, and
others), end use (medical, industrial, scientific, and others), and region
(North America, Europe, Asia Pacific, and the Rest of the World).
In this market,
pharmaceutical, cosmetic, mining and mineral processing, and automobile are the
major segments of active oxygen market by application.
Lucintel forecasts that
cosmetic will remain the largest segment over the forecast period because of
the rising demand for skincare and cosmetic products, especially those with
anti-aging and skin-rejuvenation properties.
Within this market,
medical will remain the largest segment due to increasing demand in the
healthcare and medical industries for usage in different operations such as
sterilization, wound treatment, and medical equipment disinfection.
North America will
remain the largest region over the forecast period due to increased consumer
demand for eco-friendly cleaning and disinfection goods, as well as a
well-established cosmetics sector.
Air Products, Air
Liquide, Bhuruka Gases, Gulf Cryo, Inox-Air Products, Linde, Nippon Gases, SOL,
and Yingde Gases are the major suppliers in the active oxygen market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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