Global 99.999% Oxygen Market Growth (Status and Outlook) 2025-2031

The global 99.999% Oxygen market size is predicted to grow from US$ 1030 million in 2025 to US$ 1750 million in 2031; it is expected to grow at a CAGR of 9.2% from 2025 to 2031.

99.999% oxygen, also known as 5N oxygen, refers to oxygen gas with a purity level of 99.999%, meaning it contains 99.999% pure oxygen with only trace amounts of impurities. This ultra-pure form of oxygen is essential for applications where high precision and minimal contamination are required, such as in semiconductor manufacturing, aerospace, medical treatments, and laboratory research.

United States market for 99.999% Oxygen is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for 99.999% Oxygen is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for 99.999% Oxygen is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key 99.999% Oxygen players cover Linde, Air Liquide, Air Product, Nippon Sanso, Messer Group, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LPI (LP Information)' newest research report, the “99.999% Oxygen Industry Forecast” looks at past sales and reviews total world 99.999% Oxygen sales in 2024, providing a comprehensive analysis by region and market sector of projected 99.999% Oxygen sales for 2025 through 2031. With 99.999% Oxygen sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world 99.999% Oxygen industry.

This Insight Report provides a comprehensive analysis of the global 99.999% Oxygen landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on 99.999% Oxygen portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global 99.999% Oxygen market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 99.999% Oxygen and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global 99.999% Oxygen.

This report presents a comprehensive overview, market shares, and growth opportunities of 99.999% Oxygen market by product type, application, key players and key regions and countries.

Segmentation by Type:
Compressed Oxygen
On-Site Generated Oxygen

Segmentation by Application:
Semiconductor Manufacturing
Medical and Laboratory Research
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Linde
Air Liquide
Air Product
Nippon Sanso
Messer Group
Yingde Gases
Qingdao Ludong Gas Co., Ltd.
Hangzhou Oxygen Plant Group

Please note: The report will take approximately 2 business days to prepare and deliver.