The first commercial oxygen scavenger was introduced by the Japanese firm Mitsubishi Gas Chemicals Company in the 1970s. Oxygen scavengers, also known as oxygen absorbers, are chemical agents that reduce the concentration of oxygen by reacting with it. They remove oxygen from packaging and inactivate impurities and unwanted substances, thereby inhibiting various oxidative reactions that could deteriorate food quality. They also prevent the rancidification of oil and fat and forbid the growth of aerobic microorganisms.
The Major Players Covered in this Report:
Mitsubishi Gas Chemical Company Inc(Japan), BASF SE (Germany), Ecolab Inc(The U.S.), Clariant International Ltd(Switzerland), Kemira OYJ (Finland), Arkoma Group (France), Baker Hughes Incorporated (The U.S.), Innospec (The U.S.), Sealed Air Corporation (The U.S.), SUEZ Water Technologies & Solutions (The U.K.)
In 2020, the global Oxygen Scavenger market size was million US$ and it is expected to reach a million US$ by the end of 2026, with a CAGR between 2021 and 2026.Oxygen scavengers are gaining popularity among food manufacturers and retailers and widely used in industrial boilers systems and steam raising plants to eliminate oxygen related corrosion. The use of oxygen scavengers is essential where fluids are to be circulated in the wellbore. Oxygen absorbing technology is based on the combination of the following elements: iron powder, ascorbic acid, photosensitive polymers, enzymes, etc.
Most of the oxygen scavengers available in the market are in the form of small sachets containing various iron-based powders containing an assortment of catalysts. Apart from the food and beverage industry, oxygen scavengers are used in the pharmaceutical, power generation, oil and gas, chemical, and pulp and paper industries to improve the shelf-life and safety of products.
Regional Analysis For Oxygen Scavenger Market:
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South AfricaTo study and forecast the market size of the Oxygen Scavenger in the global market.
To analyze the global key players, SWOT analysis, value, and global market share for top players.
To define, describe and forecast the market by type, end-use, and region.
To analyze and compare the market status and forecast among global major regions.
Analyze the potential of the global market and the advantages, opportunities and challenges, constraints, and risks of key regions.
Identify the key trends and factors that are driving or holding back market growth.
To analyze the opportunities in the market for stakeholders by identifying the high-growth segments.
Strategic analysis of each submarket in light of individual growth trends and market contributions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
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