Global Oxygen Absorbers Market Overview
Chemical absorbers are used to control oxygen deterioration rate and thus, find application in the food, pharmaceutical and packaging industry where they are used to avert deterioration of packaged food, pharmaceutical and many other products.
Oxygen when in contact with packaged food products causes alterations in color as well as reeking odors. Plastic packaging solution in comparison with glass and metal containers provide least chances to eliminate oxygen from packaged foods. Oxygen absorbers are basically irreversible chemical absorbers that effectively decrease the aerobic environment to 0% oxygen thus drastically extending the shelf life of packaged food products. In comparison with vacuum packaging, the sachets of oxygen absorbers does not crushed or squeezed the food products making it simple to use. Oxygen absorbers are also used to prevent corrosion in fabricated metal equipment caused by liquefied oxygen, such as in steam boilers. In addition, oxygen absorbers are also used to control corrosion during industrial process, such as during extraction, distillation and treatment in waste-water plants where salt water is produced in enormous quantity.
Regions, such as Asia Pacific and North America, are projected to positively impact the oxygen absorbers market due to rising demand for active packaging solutions that can successfully safeguard food products against bacteria.
Global Oxygen Absorbers Market Dynamics
The usage of oxygen absorbers in expected to be highest in North America owing to rising consumer inclination towards avoiding food wastage. Sustainable developments in compliance with advanced technologies will push the rise in demand for oxygen absorbers over the coming decade. Oxygen absorbers improve product safety and thus, increase product shelf life. In terms of end use industry, the food & beverage packaging market is anticipated to fuel the demand for oxygen absorbers across the globe. Over the last decade, the demand for packaged ready-to-consume food products has increased and this has been giving a boost to the oxygen absorbers market. Overall, the aforementioned features are expected to positively impact the global oxygen absorbers market over the forecast period.
Global Oxygen Absorbers Market Segmentation
The global oxygen absorbers market can be segmented on the basis of product type, its applications and end users.
The global oxygen absorbers market can be segmented on the basis of product type into:
- Metallic Oxygen Absorbers
- Ferrous Iron
- Non-Metallic Oxygen Absorbers
- Organic material
The global oxygen absorbers market can be segmented on the basis of applications of oxygen absorbers into:
- One-sided (S1S) Oxygen absorbers
- Both-side / Two-sided (S2S) Oxygen absorbers
The global oxygen absorbers market can be segmented on the basis of end use industry into:
- Pharmaceutical & Healthcare Industry
- Food & Beverage Industry
- Lenin Fabric & Textile Industry
- Chemical Industry
- Pulp & Paper Industry
- Others Industries (Sugar Industry, Oil & Gas Industry, etc.)
Global Oxygen Absorbers Market Regional Outlook
People’s tendency to avoid spoilage of packaged food products is expected to largely propel the growth of the oxygen absorbers market over the forecast period. Leading manufacturers in countries, such as the U.S., Germany, Italy, France, etc. are carrying out extensive research & development work to upgrade their protective packaging solutions offering. Moreover, developing economies, such as China, India, South Korea, Turkey, etc., are also are expected to be lucrative markets for oxygen absorbers in the coming years.
Countries in Middle East & Africa region are projected to offer untapped growth potential owing to substantial growth in demand for packaged food products in the region.
Global Oxygen Absorbers Market Key Players
Some of the key players that currently operate in the global oxygen absorbers market are:
- DOW Chemical Company
- BASF SE.
- Mitsubishi Chemical Corporation
- Henkel AG & Co
- Baker Hughes, a GE company
- Sealed Air Corporation
- Arkema Group
- Sorbead India
- Innospec Inc.
- Accepta Ltd.
- Eastman Chemical Company
- GE Water & Process Technologies
- Clariant International Ltd.
- Plastichem (PTY) LTD
- PolyOne Corporation
- Kemira OYJ
The oxygen absorbers report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report on oxygen absorbers provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The oxygen absorbers report also maps the qualitative impact of various market factors on market segments and geographies.
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
- Market Dynamics
- Market Size
- Market Segments
- Demand & Supply Trends
- Current Issues and Challenges
- Companies and Competitor Landscape
- Value Chain
Regional Segments Analyzed Include
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC, S. Africa, N. Africa)
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.
Highlights from the Report
- Elaborated scenario of the parent market
- Transformations in the market dynamics
- Detailed segmentation of the target market
- Historical, current and forecast market size based on value and volume
- Latest industry developments and trends
- Competition landscape
- Strategies adopted by the market players and product developments made
- Potential and niche segments, along with their regional analysis
- Unbiased analysis on performance of the market
- Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness
Fact.MR offers custom research services that help clients to get specific research solutions