산업용 산소 시장 규모, 점유율 및 성장 분석 : 제품 유형별, 산소 순도별, 형태별, 용도별, 애플리케이션별, 최종사용자별, 지역별 - 업계 예측(2026-2033년)

Industrial Oxygen Market size was valued at USD 59.26 Billion in 2024 and is poised to grow from USD 66.13 Billion in 2025 to USD 159.12 Billion by 2033, growing at a CAGR of 11.6% during the forecast period (2026-2033).

The global industrial oxygen market is integral to numerous sectors, including metal fabrication and healthcare. As a critical reactant, oxidizer, and fuel source, oxygen meets the vast demands of industries like manufacturing, where its use in processes such as oxy-gas welding and metal production is vital. The construction and automotive fields also heavily rely on industrial oxygen. Additionally, the healthcare industry significantly boosts market growth, particularly through medical oxygen, which is essential for respiratory therapies and anesthesia. Innovations in production and distribution technologies, such as cryogenic distillation and on-site systems, enhance the efficiency and reliability of oxygen supply chains. Overall, the industrial oxygen market continues to expand, driven by sustained demand across various applications.

Top-down and bottom-up approaches were used to estimate and validate the size of the Industrial Oxygen market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Industrial Oxygen Market Segments Analysis

Global Industrial Oxygen Market is segmented by Product Type, Oxygen Purity, Form, Usage, Application, End User and region. Based on Product Type, the market is segmented into Compressed Oxygen Gas and Liquefied Oxygen. Based on Oxygen Purity, the market is segmented into 99.9%, 99.99%, 99.995% and 99.999%. Based on Form, the market is segmented into Gas and Liquid. Based on Usage, the market is segmented into Primary Oxygen and Secondary Oxygen. Based on Application, the market is segmented into Steelmaking, Glass Production, Chemical Processing and Medical Use. Based on End User, the market is segmented into Automotive & Aerospace, Chemical Processing and Energy. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Industrial Oxygen Market

The healthcare sector significantly propels the industrial oxygen market, as oxygen plays a crucial role in various scientific applications, including respiratory therapy, anesthesia, and emergency medical care. The rising incidence of respiratory disorders, combined with a global demographic trend of an aging population, has led to an increased demand for medicinal oxygen. Furthermore, recent global health crises have highlighted the essential role of oxygen in medical treatments, further amplifying the urgent need for reliable oxygen supplies in healthcare settings. This growing emphasis on oxygen availability in clinical environments continues to be a key factor influencing market dynamics.

Restraints in the Industrial Oxygen Market

A significant challenge in the industrial oxygen market is the fragility of the supply chain. The production of oxygen typically relies on advanced processes such as cryogenic distillation and pressure swing adsorption (PSA), which necessitate intricate infrastructure and technology. Any interruptions in the supply chain, resulting from natural disasters, equipment failures, or logistical issues, can lead to shortages and destabilize the market. Such vulnerabilities can hinder the consistent availability of industrial oxygen, affecting various industries that depend on this essential resource for their operations and ultimately influencing market dynamics negatively.

Market Trends of the Industrial Oxygen Market

A notable market trend in the industrial oxygen sector is the rising demand for medical oxygen, driven primarily by the growing focus on healthcare quality and advancements in medical technologies. The heightened awareness of oxygen's critical role in patient care has resulted in a substantial increase in requirements for high-purity medical-grade oxygen across healthcare facilities. This surge has prompted manufacturers and suppliers of industrial oxygen to diversify their offerings and optimize production processes, ensuring compliance with stringent medical regulations. As a result, the industrial oxygen market has experienced shifts in supply chains and product innovations, reflecting a broader commitment to supporting healthcare infrastructure.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2025
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Regulatory Landscape
• Case Studies
• Technological Advancement

Global Industrial Oxygen Market Size by Product Type & CAGR (2026-2033)

• Market Overview
• Compressed Oxygen Gas
• Liquefied Oxygen

Global Industrial Oxygen Market Size by Oxygen Purity & CAGR (2026-2033)

• Market Overview
• 99.9%
• 99.99%
• 99.995%
• 99.999%

Global Industrial Oxygen Market Size by Form & CAGR (2026-2033)

• Market Overview
• Gas
• Liquid

Global Industrial Oxygen Market Size by Usage & CAGR (2026-2033)

• Market Overview
• Primary Oxygen
• Secondary Oxygen

Global Industrial Oxygen Market Size by Application & CAGR (2026-2033)

• Market Overview
• Steelmaking
• Glass Production
• Chemical Processing
• Medical Use

Global Industrial Oxygen Market Size by End User & CAGR (2026-2033)

• Market Overview
• Automotive & Aerospace
• Chemical Processing
• Energy

Global Industrial Oxygen Market Size & CAGR (2026-2033)

• North America (Product Type, Oxygen Purity, Form, Usage, Application, End User)
  • US
  • Canada
• Europe (Product Type, Oxygen Purity, Form, Usage, Application, End User)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Product Type, Oxygen Purity, Form, Usage, Application, End User)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Product Type, Oxygen Purity, Form, Usage, Application, End User)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Product Type, Oxygen Purity, Form, Usage, Application, End User)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2025
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2025
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2023-2025)

Key Company Profiles

• Linde plc (United Kingdom)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Air Liquide (France)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Messer Group (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Air Products and Chemicals, Inc. (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Taiyo Nippon Sanso Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Air Water Inc. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Yingde Gases Group Company Limited (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Hangzhou Hangyang Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Gulf Cryo (Kuwait)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• SOL Group (Italy)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• SIAD Group (Italy)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Nippon Gases (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Ellenbarrie Industrial Gases Ltd. (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• INOX Air Products Pvt. Ltd. (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Bhuruka Gases Limited (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• BASF SE (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Praxair (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Matheson Tri-Gas, Inc. (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Goyal MG Gases Pvt. Ltd. (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Southern Industrial Gas Sdn Bhd (Malaysia)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations