Global Analysis of Oxygen Cylinders Market Size, Growth and Forecast
Report ID : 1348049 | Published : February 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Oxygen Cylinders Market is categorized based on Product Type (Portable Oxygen Cylinders, Stationary Oxygen Cylinders) and Material Type (Aluminum, Steel, Composite) and Application (Medical, Industrial, Aerospace, Research and Development) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
With a valuation of $3.5 billion in 2023, the Oxygen Cylinders Market is expected to reach $5.9 billion by 2033, growing at a CAGR of 5.2% from 2024 onwards. The report encompasses various segments and analyzes the trends and factors significantly impacting the market.
The world market for oxygen cylinders has recently expanded due to the demand for oxygen therapy and the increasing respiratory problems global pandemic. Clinics and hospitals are always looking to improve patient care which further pushes the need for dependable and effective systems for oxygen supply. Moreover, the growing cases of chronic obstructive pulmonary disease (COPD) and other respiratory diseases are increasing the use of oxygen therapy in clinics and home care.
Apart from the healthcare industry, the industrial use of oxygen cylinders is growing, especially in the fields of metal fabrication, chemical fabricating, and even aerospace which rely oxygen for various processes. This combined market demand for healthcare and industrial oxygen cylinders is driving competition and innovation as manufacturers shift towards more sophisticated and durable oxygen cylinder systems. In addition, the market is focusing towards more sustainable and economical production methods which will set the foundation for the future of the oxygen cylinder market.
| ATTRIBUTES | DETAILS |
| STUDY PERIOD | 2023-2033 |
| BASE YEAR | 2023 |
| FORECAST PERIOD | 2024-2033 |
| HISTORICAL PERIOD | 2023-2024 |
| UNIT | VALUE (USD BILLION) |
| KEY COMPANIES PROFILED | Air Liquide, Linde plc, Praxair Technology Inc., Air Products and Chemicals Inc., Messer Group GmbH, Cryotec Anlagenbau GmbH, Generon IGS Inc., BOC Group, Matheson Tri-Gas Inc., Taiyo Nippon Sanso Corporation, NOVA Chemicals Corporation |
| SEGMENTS COVERED |
By Product Type - Portable Oxygen Cylinders, Stationary Oxygen Cylinders
By Material Type - Aluminum, Steel, Composite
By Application - Medical, Industrial, Aerospace, Research and Development
By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
Oxygen Cylinders Market Dynamics
The Oxygen Cylinders Market is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
Market Drivers
- Technological Advancements
- Increasing Consumer Demand
- Regulatory Support
- Globalization
Market Restraints
- High Operational Costs
- Regulatory Challenges
- Market Saturation
Market Opportunities
- Emerging Markets
- Product Innovation
- Strategic Partnerships
Market Challenges
- Technological Disruptions
- Supply Chain Issues
- Changing Consumer Preferences
Oxygen Cylinders Market Segmentations
Market Breakup by Product Type
- Overview
- Portable Oxygen Cylinders
- Stationary Oxygen Cylinders
Market Breakup by Material Type
- Overview
- Aluminum
- Steel
- Composite
Market Breakup by Application
- Overview
- Medical
- Industrial
- Aerospace
- Research and Development
Market Breakup by Region
North America
- United States of America
- Canada
- Mexico
Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Others
Asia Pacific
- China
- Japan
- India
- ASEAN
- Australia
- Others
Latin America
- Brazil
- Argentina
- Mexico
- Others
Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Nigeria
- South Africa
- Others
Key Players in the Oxygen Cylinders Market
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
- Air Liquide
- Linde plc
- Praxair Technology Inc.
- Air Products and Chemicals Inc.
- Messer Group GmbH
- Cryotec Anlagenbau GmbH
- Generon IGS Inc.
- BOC Group
- Matheson Tri-Gas Inc.
- Taiyo Nippon Sanso Corporation
- NOVA Chemicals Corporation
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