Oxygen Scavengers Market Analysis, By Type (Metallic and Non-metallic), By End-use (Food & Beverage, Pharmaceutical, Chemicals, Oil & Gas), By Region, And Segment Forecasts, 2014 - 2025

Published: Nov, 2017 | Pages: 121 | Publisher: Grand View Research
Industry: Chemicals | Report Format: Electronic (PDF)

The global oxygen scavengers market size is expected to be worth USD 2.67 billion by 2025, according to a new report by Grand View Research, Inc. Increasing demand for fresh, healthy, and quality packaged food is likely to propel market growth. The oxygen absorption properties offered by scavengers help in retaining the quality of various consumable products.

The demand for oxygen scavengers in food and beverage industry is witnessing a rise as they provide protection from various microorganisms, spoilage, color & nutrient loss, and rancidity of food. Food products, such as vegetables, fruits, dairy products, and processed foods, are perishable in nature and require protection from atmospheric oxygen. Other food products such as nuts, bakery items, and several beverages also require protection to extend their shelf life and reduce food wastage.

Additionally, augmenting demand from chemical and pharmaceutical industries is anticipated to accelerate the market growth. Rising research & development activities and various government regulations are likely to trigger the production, thereby driving the market demand. Due to the expanding uses of oxygen scavengers, a large number of manufacturers are inclined toward the market for the development of less toxic scavengers in an attempt to stay competitive.

Metallic oxygen scavengers accounted for 63% of the global market in 2016. The demand can be attributed to the widespread use, fast reaction, better quality, and cost-effectiveness of these scavengers. Non-metallic scavengers are likely to be used where metal detection poses a problem. The scavengers are used for dietary products that require the avoidance of contact with iron. The technological advancements in the market to develop advanced packaging solutions are likely to fuel the market demand over the forecast period.

North America is the leading market for oxygen scavengers owing to the growing concerns among the consumers regarding the safety and wastage of food. Extensive research & development carried out by leading manufacturers to develop packaging techniques to offer protection from outside oxygen in countries such as the U.S. and Canada is anticipated to propel market growth. Countries such as Germany, France, China, India, and Japan are also rapidly developing markets for oxygen scavengers.

Further Key Findings From the Report Suggest:

• The market is likely to register a CAGR of 4.9% from 2017 to 2025 on account of increasing awareness as well as health and safety concerns among the consumers. In terms of revenue, food and beverage segment is expected to denote the highest CAGR from 2017 to 2025 owing to expanding applications in the sector for oxygen scavengers in developed as well as emerging countries.

• North America was valued at USD 580.4 million in 2016 and is expected to witness significant development on account of rising demand for fresh food that is healthy and can restore its nutrient value for a longer period of time

• Key market players include BASF SE; Baker Hughes; Innospec Inc; Arkema Group; Accepta Ltd.; Clariant International Ltd.; Eastman Chemical Company; Sealed Air Corporation; PolyOne Corporation; Kemira OYJ; Mitsubishi Chemical Corporation; and Plastichem (PTY) LTD. The companies mainly focus on extensive innovation and increasing their production capacities to meet the global demand.

 Table of Contents

Chapter 1 Methodology and Scope
                 1.1 Research methodology
                 1.2 Research scope and assumptions
                 1.3 List of data sources
                 1.4 List of abbreviations
Chapter 2 Executive Summary
                 2.1 Market snapshot
Chapter 3 Oxygen Scavengers Market Variables, Trends & Scope
                 3.1 Market segmentation
                 3.2 Penetration & growth prospect mapping, 2014 - 2025
                 3.3 Value chain analysis
                 3.4 Regulatory framework
                 3.5 Technology overview
                 3.6 Market dynamics
                     3.6.1 Market driver analysis
                         3.6.1.1 Increasing demand for fresh and quality packaged food
                         3.6.1.2 Growing concern for food wastage reduction and safety drives demand.
                     3.6.2 Market restraint analysis
                         3.6.2.1 Health hazards associated
                 3.7 Key opportunities prioritized
                     3.7.1 New market avenues
                 3.8 Industry analysis - Porter's
                 3.9 PESTEL analysis
Chapter 4 Oxygen Scavengers Market: Type Estimates & Trend Analysis
                 4.1 Type market introduction, 2016 & 2025
                 4.2 Global oxygen scavengers demand by type, 2014 - 2025 (USD Million)
                 4.3 Metallic
                     4.3.1 Market estimates & forecast, 2014 - 2025
                     4.3.2 Market estimates & forecast, by region, 2014 - 2025
                 4.4 Non-metallic
                     4.4.1 Market estimates & forecast, 2014 - 2025
                     4.4.2 Market estimates & forecast, by region, 2014 - 2025
Chapter 5 Oxygen Scavengers Market: End Use Estimates & Trend Analysis
                 5.1 End use market introduction, 2016 & 2025
                 5.2 Global oxygen scavengers demand by end use, 2014 - 2025 (USD Million)
                     5.2.1 Market estimates & forecast by end use, 2014 - 2025
                 5.3 Food & Beverage
                     5.3.1 Market estimates & forecast, 2014 - 2025
                     5.3.2 Market estimates & forecast, by region, 2014 - 2025
                 5.4 Pharmaceutical
                     5.4.1 Market estimates & forecast, 2014 - 2025
                     5.4.2 Market estimates & forecast, by region, 2014 - 2025
                 5.5 Chemicals
                     5.5.1 Market estimates & forecast, 2014 - 2025
                     5.5.2 Market estimates & forecast, by region, 2014 - 2025
                 5.6 Oil & Gas
                     5.6.1 Market estimates & forecast, 2014 - 2025
                     5.6.2 Market estimates & forecast, by region, 2014 - 2025
                 5.7 Others
                     5.7.1 Market estimates & forecast, 2014 - 2025
                     5.7.2 Market estimates & forecast, by region, 2014 - 2025
Chapter 6 Oxygen Scavengers Market: Regional Estimates & Trend Analysis
                 6.1 Regional market introduction, 2016 & 2025
                 6.2 Global oxygen scavengers demand by region 2014- 2025 (USD Million)
                 6.3 North America
                     6.3.1 Market estimates & forecast, 2014 - 2025
                     6.3.2 Market estimates & forecast, by type, 2014 - 2025
                     6.3.3 Market estimates & forecast, by end use, 2014 - 2025
                     6.3.4 U.S.
                         6.3.4.1 Market estimates & forecast, 2014 - 2025
                         6.3.4.2 Market estimates & forecast, by type, 2014 - 2025
                         6.3.4.3 Market estimates & forecast, by end use, 2014 - 2025
                 6.4 Europe
                     6.4.1 Market estimates & forecast, 2014 - 2025
                     6.4.2 Market estimates & forecast, by type, 2014 - 2025
                     6.4.3 Market estimates & forecast, by end use, 2014 - 2025
                     6.4.4 Germany
                         6.4.4.1 Market estimates & forecast, 2014 - 2025
                         6.4.4.2 Market estimates & forecast, by type, 2014 - 2025
                         6.4.4.3 Market estimates & forecast, by end use, 2014 - 2025
                     6.4.5 France
                         6.4.5.1 Market estimates & forecast, 2014 - 2025
                         6.4.5.2 Market estimates & forecast, by type, 2014 - 2025
                         6.4.5.3 Market estimates & forecast, by end use, 2014 - 2025
                     6.4.6 U.K.
                         6.4.6.1 Market estimates & forecast, 2014 - 2025
                         6.4.6.2 Market estimates & forecast, by type, 2014 - 2025
                         6.4.6.3 Market estimates & forecast, by end use, 2014 - 2025
                     6.4.7 Italy
                         6.4.7.1 Market estimates & forecast, 2014 - 2025
                         6.4.7.2 Market estimates & forecast, by type, 2014 - 2025
                         6.4.7.3 Market estimates & forecast, by end use, 2014 - 2025
                 6.5 Asia Pacific
                     6.5.1 Market estimates & forecast, 2014 - 2025
                     6.5.2 Market estimates & forecast, by type, 2014 - 2025
                     6.5.3 Market estimates & forecast, by end use, 2014 - 2025
                     6.5.4 China
                         6.5.4.1 Market estimates & forecast, 2014 - 2025
                         6.5.4.2 Market estimates & forecast, by type, 2014 - 2025
                         6.5.4.3 Market estimates & forecast, by end use, 2014 - 2025
                     6.5.5 India
                         6.5.5.1 Market estimates & forecast, 2014 - 2025
                         6.5.5.2 Market estimates & forecast, by type, 2014 - 2025
                         6.5.5.3 Market estimates & forecast, by end use, 2014 - 2025
                     6.5.6 Japan
                         6.5.6.1 Market estimates & forecast, 2014 - 2025
                         6.5.6.2 Market estimates & forecast, by type, 2014 - 2025
                         6.5.6.3 Market estimates & forecast, by end use, 2014 - 2025
                 6.6 Central & South America (CSA)
                     6.6.1 Market estimates & forecast, 2014 - 2025
                     6.6.2 Market estimates & forecast, by type, 2014 - 2025
                     6.6.3 Market estimates & forecast, by end use, 2014 - 2025
                 6.7 Middle East & Africa (MEA)
                     6.7.1 Market estimates & forecast, 2014 - 2025
                     6.7.2 Market estimates & forecast, by type, 2014 - 2025
                     6.7.3 Market estimates & forecast, by end use, 2014 - 2025
Chapter 7 Competitive Landscape
                 7.1 Vendor landscape
                 7.2 Market players
                 7.3 Competitive environment
                 7.4 Strategy framework
Chapter 8 Company Profiles
                 8.1 BASF SE.
                     8.1.1 Company overview
                     8.1.2 Financial performance
                     8.1.3 Industries and services catered
                     8.1.4 Product benchmarking
                     8.1.5 Strategic initiatives
                 8.2 Baker Hughes
                     8.2.1 Company overview
                     8.2.2 Financial performance
                     8.2.3 Industries and services catered
                     8.2.4 Product benchmarking
                     8.2.5 Strategic initiatives
                 8.3 Innospec Inc.
                     8.3.1 Company overview
                     8.3.2 Financial performance
                     8.3.3 Industries and services catered
                     8.3.4 Product benchmarking
                     8.3.5 Strategic initiatives
                 8.4 Arkema Group
                     8.4.1 Company overview
                     8.4.2 Financial performance
                     8.4.3 Industries and services catered
                     8.4.4 Product benchmarking
                     8.4.5 Strategic initiatives
                 8.5 Accepta Ltd.
                     8.5.1 Company overview
                     8.5.2 Financial Performance
                     8.5.3 Industries and services catered
                     8.5.4 Product benchmarking
                     8.5.5 Strategic initiatives
                 8.6 Clariant International Ltd.
                     8.6.1 Company overview
                     8.6.2 Financial performance
                     8.6.3 Industries and services catered
                     8.6.4 Product benchmarking
                     8.6.5 Strategic initiatives
                 8.7 Eastman Chemical Company
                     8.7.1 Company overview
                     8.7.2 Financial performance
                     8.7.3 Industries and services catered
                     8.7.4 Product benchmarking
                     8.7.5 Strategic initiatives
                 8.8 Sealed Air Corporation
                     8.8.1 Company overview
                     8.8.2 Financial performance
                     8.8.3 Industries and services catered
                     8.8.4 Product benchmarking
                     8.8.5 Strategic initiatives
                 8.9 PolyOne Corporation
                     8.9.1 Company overview
                     8.9.2 Financial performance
                     8.9.3 Industries and services catered
                     8.9.4 Product benchmarking
                     8.9.5 Strategic initiatives
                 8.10 Kemira OYJ
                     8.10.1 Company overview
                     8.10.2 Financial performance
                     8.10.3 Industries and services catered
                     8.10.4 Product benchmarking
                     8.10.5 Strategic initiatives
                 8.11 Mitsubishi Chemical Corporation
                     8.11.1 Company overview
                     8.11.2 Financial performance
                     8.11.3 Industries and services catered
                     8.11.4 Product benchmarking
                     8.11.5 Strategic initiatives
                 8.12 Plastichem (PTY) LTD
                     8.12.1 Company overview
                     8.12.2 Financial performance
                     8.12.3 Industries and services catered
                     8.12.4 Product benchmarking
                     8.12.5 Strategic initiatives

List of Tables

TABLE 1 Key international regulations & their impact on the oxygen scavengers industry
TABLE 2 Global oxygen scavengers market estimates & forecast by type, 2014 - 2025 (USD Million)
TABLE 3 Metallic market estimates & forecast, 2014 - 2025 (USD Million)
TABLE 4 Metallic market revenue, by region, 2014 - 2025 (USD Million)
TABLE 5 Non-metallic market estimates & forecast, 2014 - 2025 (USD Million)
TABLE 6 Non-metallic market revenue, by region, 2014 - 2025 (USD Million)
TABLE 7 Global oxygen scavengers market estimates & forecast by end use, 2014 - 2025 (USD Million)
TABLE 8 Food & Beverage market estimates & forecast, 2014 - 2025 (USD Million)
TABLE 9 Food & Beverage market revenue, by region, 2014 - 2025 (USD Million)
TABLE 10 Pharmaceutical market estimates & forecast, 2014 - 2025 (USD Million)
TABLE 11 Pharmaceutical market revenue, by region, 2014 - 2025 (USD Million)
TABLE 12 Chemicals market estimates & forecast, 2014 - 2025 (USD Million)
TABLE 13 Chemicals market revenue, by region, 2014 - 2025 (USD Million)
TABLE 14 Oil & Gas market estimates & forecast, 2014 - 2025 (USD Million)
TABLE 15 Oil & Gas market revenue, by region, 2014 - 2025 (USD Million)
TABLE 16 Others market estimates & forecast, 2014 - 2025 (USD Million)
TABLE 17 Others market revenue, by region, 2014 - 2025 (USD Million)
TABLE 18 Global oxygen scavengers demand by region 2014 - 2025 (USD Million)
TABLE 19 North America oxygen scavengers market estimates & forecast, 2014 - 2025 (USD Million)
TABLE 20 North America oxygen scavengers market revenue, by type, 2014 - 2025 (USD Million)
TABLE 21 North America oxygen scavengers market revenue, by end use, 2014 - 2025 (USD Million)
TABLE 22 U.S. oxygen scavengers market estimates & forecast, 2014 - 2025 (USD Million)
TABLE 23 U.S. oxygen scavengers market revenue, by type, 2014 - 2025 (USD Million)
TABLE 24 U.S. oxygen scavengers market revenue, by end use, 2014 - 2025 (USD Million)
TABLE 25 Europe oxygen scavengers market estimates & forecast, 2014 - 2025 (USD Million)
TABLE 26 Europe oxygen scavengers market revenue, by type, 2014 - 2025 (USD Million)
TABLE 27 Europe oxygen scavengers market revenue, by end use, 2014 - 2025 (USD Million)
TABLE 28 Germany oxygen scavengers market estimates & forecast, 2014 - 2025 (USD Million)
TABLE 29 Germany Oxygen Scavengers market revenue, by type, 2014 - 2025 (USD Million)
TABLE 30 Germany oxygen scavengers market revenue, by end use, 2014 - 2025 (USD Million)
TABLE 31 France oxygen scavengers market estimates & forecast, 2014 - 2025 (USD Million)
TABLE 32 France oxygen scavengers market revenue, by type, 2014 - 2025 (USD Million)
TABLE 33 France oxygen scavengers market revenue, by end use, 2014 - 2025 (USD Million)
TABLE 34 U.K. oxygen scavengers market estimates & forecast, 2014 - 2025 (USD Million)
TABLE 35 U.K. oxygen scavengers market revenue, by type, 2014 - 2025 (USD Million)
TABLE 36 U.K. oxygen scavengers market revenue, by end use, 2014 - 2025 (USD Million)
TABLE 37 Italy oxygen scavengers market estimates & forecast, 2014 - 2025 (USD Million)
TABLE 38 Italy oxygen scavengers market revenue, by type, 2014 - 2025 (USD Million)
TABLE 39 Italy oxygen scavengers market revenue, by end use, 2014 - 2025 (USD Million)
TABLE 40 Asia Pacific oxygen scavengers market estimates & forecast, 2014 - 2025 (USD Million)
TABLE 41 Asia Pacific oxygen scavengers market revenue, by type, 2014 - 2025 (USD Million)
TABLE 42 Asia Pacific oxygen scavengers market revenue, by end use, 2014 - 2025 (USD Million)
TABLE 43 China oxygen scavengers market estimates & forecast, 2014 - 2025 (USD Million)
TABLE 44 China oxygen scavengers market revenue, by type, 2014 - 2025 (USD Million)
TABLE 45 China oxygen scavengers market revenue, by end use, 2014 - 2025 (USD Million)
TABLE 46 India oxygen scavengers market estimates & forecast, 2014 - 2025 (USD Million)
TABLE 47 India oxygen scavengers market revenue, by type, 2014 - 2025 (USD Million)
TABLE 48 India oxygen scavengers market revenue, by end use, 2014 - 2025 (USD Million)
TABLE 49 Japan oxygen scavengers market estimates & forecast, 2014 - 2025 (USD Million)
TABLE 50 Japan oxygen scavengers market revenue, by type, 2014 - 2025 (USD Million)
TABLE 51 Japan oxygen scavengers market revenue, by end use, 2014 - 2025 (USD Million)
TABLE 52 CSA oxygen scavengers market estimates & forecast, 2014 - 2025 (USD Million)
TABLE 53 CSA oxygen scavengers market revenue, by type, 2014 - 2025 (USD Million)
TABLE 54 CSA oxygen scavengers market revenue, by end use, 2014 - 2025 (USD Million)
TABLE 55 MEA oxygen scavengers market estimates & forecast, 2014 - 2025 (USD Million)
TABLE 56 MEA oxygen scavengers market revenue, by type, 2014 - 2025 (USD Million)
TABLE 57 MEA oxygen scavengers market revenue, by end use, 2014 - 2025 (USD Million)