Oxygen Scavengers Market

The oxygen scavenger market is predicted to reach $ 4.29 billion by 2027, with a compound annual growth rate of 7.9% from 2021 to 2027.

The escalating call for high-quality packaged foods is predicted to drive expansion in the oxygen scavengers during the foreseen period. The rising awareness of reduced food waste and increased call for advanced packaging among consumers is predicted to help industry expansion during the foreseen period. Oxygen sensors play an important role in food preservation. Many foods are oxygen sensitive. Oxygen is responsible for the deterioration of many food products, directly or indirectly. Food spoilage is caused by oxidation reactions or the presence of aerobic spoilage microorganisms. Therefore, to preserve these products, oxygen is often removed. The availability of oxygen present in food packaging is mainly due to flaws in the packaging procedure, such as the availability of a gas mixture having oxygen leftovers. Vacuum packaging has been widely employed to remove oxygen from packages prior to sealing. However, oxygen entering the external environment into the packages through the packaging material cannot be removed using oxygen sensors.

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Oxygen scavengers are generally employed in containers to help eliminate or reduce the level of oxygen in the containers. They help maintain product quality by ensuring its safety and extending its shelf life. Various oxygen scavengers are employed in applications like food and beverages, pharmaceuticals, energy, oil and gas, chemicals, etc. This helps reduce accelerated corrosion caused by the presence of oxygen in a high-heat environment. Initially, sulfite and hydrazine were the main materials employed to protect boilers from oxygen. However, hydrazine has been identified as a possible carcinogen in many countries. Therefore, manufacturers have adopted oxygen scavengers as a substitute for hydrazine.

Oxygen Scavengers Market Drivers:

Novel technologies and developments are estimated to accelerate the rise in the call for oxygen scavengers over the calculated period. Anti-oxygen products maximize product life and improve product safety. They improve the quality of the boiler feedwater by reducing its oxygen content. The food packaging industry is predicted to drive calls in the industry. They are also making efforts to improve the quality of equipment and extend the life of products. The oxygen removal process is widely employed in the food and beverage industry during packaging, to remove or reduce the oxygen level in the packaging, which improves the shelf life of the products and prevents any contamination. The growing call for high-quality packaged food and rising disposable incomes of the middle class in emerging countries are fueling the call for packaged food. In addition, oxygen scavengers are employed to improve the quality of the water for boiler feed, prevent corrosion of the equipment by dissolved oxygen, and remove oxygen from the pharmaceutical container. The growing call from end-use industries like the pharmaceutical, oil, gas, and chemical industries is a key factor in the expansion of the global oxygen scavenger industry.

Restraints in the Oxygen Scavengers Market:

Effective oxygen scavengers, like hydrazine, are relatively more expensive than other sulfide scavenging components, which is a key factor limiting the expansion of oxygen scavengers. There are few health risks associated with the use of oxygen scavengers. Escalated exposure or consumption of raw materials like hydrazine, carbon, or iron oxide can pose a threat to human health. Also, it can cause irritation to the eyes, throat, and nose; dizziness; headache; pulmonary edema; pneumoconiosis; respiratory problems; and high blood pressure in humans. Therefore, safety measures and precautions should be taken regarding its packaging and instructions for use.

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Opportunities in the Oxygen Scavengers Market:

The adoption of advanced materials in oxygen scavengers, like enzymes and DEHA, is predicted to create significant opportunities in the global oxygen scavenger industry during the foreseen period. The call for oxygen scavengers has grown tremendously due to their ability to absorb oxygen, preventing spoilage of food and other consumables. Today's consumers call for ready-to-eat food products that can be stored longer. The growing call for active packaging techniques that protect food from microorganisms and help retain nutritional value, especially in North America and Asia-Pacific is predicted to positively impact the industry.

Challenges in the Oxygen Scavengers Market:

The expansion of the global oxygen scavenger industry may be affected by negative consumer perceptions of oxygen scavengers. Consumers in North America generally do not prefer bags in food packaging, as these bags are prone to accidental breakage and mix with food products. This could potentially delay the expansion of the stock industry in the coming years.

Market Leaders Profiled

• Tosaf Group
• Clariant AG
• Henkel AG & Company
• KgaA
• Albis Plastic GmbH
• Gabriel-Chemie
• Nanobiomatters

Oxygen Scavengers Market Segmentation:

Oxygen Scavengers Market- By Composition

• Organic
• Inorganic

Between these two sectors, inorganic oxygen scavengers are employed on a large scale compared to organic scavengers.

Oxygen Scavengers Market- By Form

• Sachets & Labels
• OS Films & PET Bottles
• Liquid Form
• Powder Form

The sachets and labels sector has experienced a high industry share on the basis of volume for 2019. They are widely employed due to their easy availability and low cost.

Oxygen Scavengers Market - By End-user

• Food & Beverage
• Pharmaceutical
• Oil & Gas
• Power Generation
• Others

The oil & gas segment is touted to rise at a notable CAGR by the end of the year 2025 compared to other verticals.

Oxygen Scavengers Market - By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle east and Africa

Oxygen Scavengers Market Key Players:

• Tosaf Group
• Clariant AG
• Henkel AG & Company
• KgaA
• Albis Plastic GmbH
• Gabriel-Chemie
• Nanobiomatters

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