Market Research Report on Global Oxygen Scavengers Market

RAIPUR, INDIA, January 25, 2018 /EINPresswire.com/ --

Report Sellers has added a new market research report “Oxygen Scavengers - Global Market Outlook (2017-23)” to its offerings.

According to Report, the Global Oxygen Scavengers Market is accounted for $1.68 billion in 2016 and is expected to reach $2.56 billion by 2023 growing at a CAGR of 6.2% during the forecast period. Factors such as increasing awareness regarding reduction of food wastage, rising disposable income and changing lifestyle are fueling the market growth. However, non-volatile nature of oxygen scavengers is hampering the market growth. Necessity of technical skill for handling oxygen scavengers is one of the major challenges in the market.

By Scavengers Type, Metallic oxygen scavengers segment is anticipated to hold the largest market share during the forecast period. Iron oxide is broadly used as an oxygen scavenger in variety of end-user sectors including Pharmaceutical and Food & beverage. Non-metallic oxygen scavengers segment is expected to grow at the highest CAGR during the forecast period. Non-metallic oxygen scavengers have also been developed to alleviate the potential for metallic tains being imparted to food products.

Non-metallic scavengers include organic reducing agents such as ascorbic acid, ascorbate salts or catechol. It required high relative humidity (RH) to make sure a high oxygen absorption capacity and average oxygen absorption capacity. It is important to think the storage conditions before using a non-metallic scavenger for active food packaging.

By Geography, North America commanded the largest market share attributed to the huge disposable income. Asia Pacific is expected to grow at a fastest CAGR attributed to rising demand for packaged food and growing urbanization in the region.

Some of the key players in Oxygen Scavengers market include BASF SE, Henkel AG & Co. KGaA, Baker Hughes Incorporated, Mitsubishi Gas Chemical Company, Inc., Ecolab Inc., Sealed Air Corporation, Clariant International Ltd., Aditya Birla Chemicals, Lonza AG, Thermax Ltd., Esseco UK Limited, Accepta Water Treatment, Arkema Group, MCC Chemicals, Inc. and Kemira OYJ.

Browse through the complete description and in-depth TOC on “Global Oxygen Scavengers Market”
https://www.reportsellers.com/market-research-report/Oxygen-Scavengers---Global-Market-Outlook-2017-2023

What does the Report Offers

• Market share assessments for the regional and country level segments
• Market share analysis of the top industry players
• Strategic recommendations for the new entrants
• Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments

Report Scope

Global Oxygen Scavengers Market has been segmented by end users covered, scavengers types covered, applications covered and regions covered

End Users Covered:
Chemical
Food & beverage
Oil & gas
Pharmaceutical
Pulp & paper
Power
Sugar Industry
Other End Users

Scavengers Types Covered:
Metallic oxygen scavengers
Non-metallic oxygen scavengers

Applications Covered:
Processed Food
Boiler Feed Water
Food Products
Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
South America
Argentina
Brazil
Chile
Rest of South America
Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

Request sample here https://www.reportsellers.com/market-research-report/Oxygen-Scavengers---Global-Market-Outlook-2017-2023

We have a large number of reports in Chemicals & Materials Industry which can be accessed in the following link: https://www.reportsellers.com/category/chemicals-market-research-report

About Report Sellers

Report Sellers is a premium market research service provider offering market reports in varied sectors. We have a team of experienced analysts and publishers who continuously track the latest trends in different industries. Report Sellers is a brand of global repute and offers the best suited research services to its clients globally in the most satisfying manner. We have a strong network of industry experts who have successfully delivered complex research assignments in niche and top markets.

Aditya Joshi
Report Sellers
+1-214-396-2385
email us here

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.