Global Industrial Oxygen Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

Global Industrial Oxygen Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Industrial Oxygen market size was valued at US$ 42100 million in 2024 and is forecast to a readjusted size of USD 63650 million by 2031 with a CAGR of 6.2% during review period.

Industrial oxygen is produced by air separation processes. The application of oxygen is mainly on its oxidizing and life-sustaining properties.

Industrial gases can be dived into atmospheric gases and process gases. For atmospheric gases, the raw material is air and the key production unit is air separation plant. Oxygen is mainly produced via air separation plant. When considering the industry oxygen supply mode, three modes are preferred: on-site, bulk/merchant and packaged/cylinder. Each supply mode has its own characteristics and all of industrial gases manufacturers operate their gas business under the three modes. Globally, on-site type oxygen accounts for about 40% share.The global industrial oxygen market is highly concentrated as it is mainly dominated by three giants, Linde Plc, Air Liquide, Air Products and Chemicals. Linde Plc is the merger of Linde AG and Praxair, and is the largest producer of industrial gas globally. The market becomes more concentrated in recent years. Thus, with higher market concentration, insiders think that leading giants will have more rights on gas pricing.

Oxygen is extensively used in both the basic oxygen furnace (BOF) and electric arc furnace (EAF) steelmaking processes to remove impurities and produce high-quality steel. As global steel production continues to rise, especially in developing economies, this sector is a major driver of industrial oxygen demand. The construction, automotive, and infrastructure sectors, in particular, fuel the steel industry and, by extension, the demand for oxygen.

Industrial oxygen is also used to improve energy efficiency and reduce emissions in glass manufacturing through oxygen-enriched combustion. The rising demand for glass in construction, automotive, and electronics industries supports the growth of oxygen use in this sector.

Various industries have rigid demand of oxygen, which will drive the industry oxygen market upward further.

This report is a detailed and comprehensive analysis for global Industrial Oxygen market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Industrial Oxygen market size and forecasts, in consumption value ($ Million), sales quantity (M m³), and average selling prices (US$/m³), 2020-2031

Global Industrial Oxygen market size and forecasts by region and country, in consumption value ($ Million), sales quantity (M m³), and average selling prices (US$/m³), 2020-2031

Global Industrial Oxygen market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (M m³), and average selling prices (US$/m³), 2020-2031

Global Industrial Oxygen market shares of main players, shipments in revenue ($ Million), sales quantity (M m³), and ASP (US$/m³), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Industrial Oxygen

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Industrial Oxygen market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Linde Plc, Air Liquide, Air Products and Chemicals, Taiyo Nippon Sanso, Air Water, Messer, Yingde Gases, SOL, Norco, Gulf Cryo, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Industrial Oxygen market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type

On-Site Type

Bulk Type

Cylinder Type

Market segment by Application

Steel Industry

Chemical Industry

Copper and Aluminium

Glass Industry

Waste Water Treatment

Pulp and Paper Industry

Food & Beverage

Plastic Industry

Semiconductors

Others

Major players covered

Linde Plc

Air Liquide

Air Products and Chemicals

Taiyo Nippon Sanso

Air Water

Messer

Yingde Gases

SOL

Norco

Gulf Cryo

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Industrial Oxygen product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Industrial Oxygen, with price, sales quantity, revenue, and global market share of Industrial Oxygen from 2020 to 2025.

Chapter 3, the Industrial Oxygen competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Industrial Oxygen breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Industrial Oxygen market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Industrial Oxygen.

Chapter 14 and 15, to describe Industrial Oxygen sales channel, distributors, customers, research findings and conclusion.