Global Inorganic Oxygen Scavengers Market Research Report – Segmented By Type (iron-based oxygen scavengers, metal oxide-based oxygen scavengers, others); by Application ( Food and Beverage, Pharmaceuticals, Chemical, Electronics, Others ); and Region - Size, Share, Growth Analysis | Forecast (2024 – 2030)

Published: 2024 - Jul

Report Code: VMR-17226

Region: Global

Historic Range: 2021-2023

Forecast: 2024-2030

Format: Excel and PDF

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FAQ's

The Global Inorganic Oxygen Scavengers Market revenue was US$ 850 Mn in 2023 and it is expected to reach US$ 1.26 Bn by 2030, growing at a CAGR of 5.8% during the period from 2024 to 2030.

Growing demand for packaged food products, increasing awareness regarding the deteriorating impacts of oxygen on product quality, and advancing technologies of packaging.

The market is segmented by type into iron-based oxygen scavengers, metal oxide-based oxygen scavengers, and others. By application, it is segmented into food and beverages, pharmaceuticals, chemicals, electronics, and others.

North America dominates the region owing to the presence of a well-established food and beverage industry along with stringent regulations on food safety and high consumer awareness towards product quality.

The major players in the market are Mitsubishi Gas Chemical Company, Inc., Multisorb Technologies, Inc., Clariant International Ltd., BASF SE, Henkel AG & Co. KGaA, Arkema Group, SUEZ Water Technologies & Solutions, Solvay S.A., Sealed Air Corporation, and Ecolab Inc.

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