New York, According to a new market research report published by Global Insight Services “Oxygen Scavenger Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
An oxygen scavenger is a chemical that is used to remove dissolved oxygen from aqueous solutions. Oxygen scavengers are used in a variety of industries, including power generation, oil and gas production, food and beverage processing, and pharmaceutical manufacturing.
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Key Trends
There are a few key trends in oxygen scavenger technology that are worth mentioning. First, there is a trend towards using more natural and biodegradable oxygen scavengers. This is in response to the concerns about the environmental impact of traditional oxygen scavengers, which can be toxic. Second, there is a trend towards using oxygen scavengers that are more effective at lower concentrations. This is important because it reduces the amount of oxygen that is able to enter the system, and thus the amount of corrosion that can occur. Finally, there is a trend towards using oxygen scavengers that are less corrosive themselves. This is important because it reduces the amount of damage that can be done to the system by the oxygen scavenger itself.
Key Drivers
The key drivers of the oxygen scavenger market are the need for efficient removal of dissolved oxygen from boiler feedwater, the demand for corrosion protection in boiler systems, and the need for improved boiler performance.
Oxygen scavengers are used in boiler systems to remove dissolved oxygen from the feedwater, which can cause corrosion and boiler performance problems. In addition, oxygen scavengers can improve boiler performance by reducing the amount of dissolved oxygen in the boiler water.
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Market Segments
The Oxygen Scavenger Market is segmented by type, end-use industry, and region. By type, the market is divided into inorganic oxygen scavengers and organic oxygen scavengers. Based on end-use industry, it is bifurcated into food & beverage, pharmaceutical, power, oil & gas, and others. Region-wise, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
The Oxygen Scavenger Market includes players such as Mitsubishi Gas Chemical Company, Inc., Clariant AG, Henkel AG & Co. KGaA, Sealed Air Corporation, Multisorb Technologies Inc., Desiccare, Inc., Angus Chemical Company, Solenis LLC, Arkema and Tetra Technologies, Inc.
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