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Oxygen
Oxygen is a chemical element with symbol O and atomic number 8. It is a member of the chalcogen group on the periodic table and is a highly reactive nonmetal and oxidizing agent that readily forms oxides with most elements as well as other compounds. By mass, oxygen is the third-most abundant element in the universe, after hydrogen and helium. At standard temperature and pressure, two atoms of the element bind to form dioxygen, a colorless and odorless diatomic gas with the formula O2. This is an important part of the atmosphere and diatomic oxygen gas constitutes 20.8% of the Earth's atmosphere. Additionally, as oxides the element also makes up almost half of the Earth's crust.
Product & engineering
Understand the product.
Oxygen is a chemical element with symbol O and atomic number 8. It is a member of the chalcogen group on the periodic table and is a highly reactive nonmetal and oxidizing agent that readily forms oxides with most elements as well as other compounds. By mass, oxygen is the third-most abundant element in the universe, after hydrogen and helium. At standard temperature and pressure, two atoms of the element bind to form dioxygen, a colorless and odorless diatomic gas with the formula O2. This is an important part of the atmosphere and diatomic oxygen gas constitutes 20.8% of the Earth's atmosphere. Additionally, as oxides the element also makes up almost half of the Earth's crust.
Oxygen was discovered independently by Carl Wilhelm Scheele, in Uppsala, in 1773 or earlier, and Joseph Priestley in Wiltshire, in 1774, but Priestley is often given priority because his work was published first. The name oxygen was coined in 1777 by Antoine Lavoisier, whose experiments with oxygen helped to discredit the then-popular phlogiston theory of combustion and corrosion. Its name derives from the Greek roots ὀξύς oxys, "acid", literally "sharp", referring to the sour taste of acids and -γενής -genes, "producer", literally "begetter", because at the time of naming, it was mistakenly thought that all acids required oxygen in their composition.
Selected research
Industry Research
Oxygen Industry Research Report 2026
Market perspective
Oxygen is a chemical element with symbol O and atomic number 8. It is a member of the chalcogen group on the periodic table and is a highly reactive nonmetal and oxidizing agent that readily forms oxides with most elements as well as other compounds. By mass, oxygen is the third-most abundant element in the universe, after hydrogen and helium. At standard temperature and pressure, two atoms of the element bind to form dioxygen, a colorless and odorless diatomic gas with the formula O2. This is an important part of the atmosphere and diatomic oxygen gas constitutes 20.8% of the Earth's atmosphere. Additionally, as oxides the element also makes up almost half of the Earth's crust.
Oxygen was discovered independently by Carl Wilhelm Scheele, in Uppsala, in 1773 or earlier, and Joseph Priestley in Wiltshire, in 1774, but Priestley is often given priority because his work was published first. The name oxygen was coined in 1777 by Antoine Lavoisier, whose experiments with oxygen helped to discredit the then-popular phlogiston theory of combustion and corrosion. Its name derives from the Greek roots ὀξύς oxys, "acid", literally "sharp", referring to the sour taste of acids and -γενής -genes, "producer", literally "begetter", because at the time of naming, it was mistakenly thought that all acids required oxygen in their composition.
Global Oxygen key players include Linde Group, AirLiquide, Praxair, Air Product, etc. Global top four manufacturers hold a share over 55%.
Read the full market overview
North America is the largest market, with a share about 25%, followed by China, and Europe, both have a share about 40 percent.
In terms of product, Industrial Level is the largest segment, with a share about 80%. And in terms of application, the largest application is Metallurgical Industrial, followed by Chemical Industrial, Medical, etc.
Report Scope
This report quantifies the global Oxygen market in revenue (US$ million) and, where applicable, sales volume (M m3), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/M m3) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to Oxygen.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Oxygen Market by Company
Linde Group
AirLiquide
Praxair
Air Product
Taiyo Nippon Sanso
Airgas
MESSER
Air Water
Yingde Gases
HANGZHOU HANGYANG
SCGC
Baosteel Gases
Foshan Huate
Oxygen Segment by Type
Medical Oxygen
Industrial Oxygen
Others
Oxygen Segment by Application
Metallurgical Industrial
Chemical Industrial
Medical
Others
Oxygen Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Oxygen market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Oxygen and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Oxygen.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Oxygen manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Oxygen by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Oxygen in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Medical Oxygen
- Industrial Oxygen
- Others
Applications
- Metallurgical Industrial
- Chemical Industrial
- Medical
- Others
Companies covered
- Linde Group
- AirLiquide
- Praxair
- Air Product
- Taiyo Nippon Sanso
- Airgas
- MESSER
- Air Water
- Yingde Gases
- HANGZHOU HANGYANG
- SCGC
- Baosteel Gases
- Foshan Huate
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Oxygen by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Medical Oxygen
- 2.2.3 Industrial Oxygen
- 2.2.4 Others
- 2.3 Oxygen by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Metallurgical Industrial
- 2.3.3 Chemical Industrial
- 2.3.4 Medical
- 2.3.5 Others
- 2.4 Global Market Growth Prospects
- 2.4.1 Global Oxygen Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global Oxygen Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global Oxygen Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global Oxygen Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Oxygen Production by Manufacturers (2021-2026)
- 3.2 Global Oxygen Production Value by Manufacturers (2021-2026)
- 3.3 Global Oxygen Average Price by Manufacturers (2021-2026)
- 3.4 Global Oxygen Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Oxygen Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global Oxygen Manufacturers, Product Type & Application
- 3.7 Global Oxygen Manufacturers Established Date
- 3.8 Global Oxygen Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Linde Group
- 4.1.1 Linde Group Oxygen Company Information
- 4.1.2 Linde Group Oxygen Business Overview
- 4.1.3 Linde Group Oxygen Production Capacity, Value and Gross Margin (2021-2026)
- 4.1.4 Linde Group Product Portfolio
- 4.1.5 Linde Group Recent Developments
- 4.2 AirLiquide
- 4.2.1 AirLiquide Oxygen Company Information
- 4.2.2 AirLiquide Oxygen Business Overview
- 4.2.3 AirLiquide Oxygen Production Capacity, Value and Gross Margin (2021-2026)
- 4.2.4 AirLiquide Product Portfolio
- 4.2.5 AirLiquide Recent Developments
- 4.3 Praxair
- 4.3.1 Praxair Oxygen Company Information
- 4.3.2 Praxair Oxygen Business Overview
- 4.3.3 Praxair Oxygen Production Capacity, Value and Gross Margin (2021-2026)
- 4.3.4 Praxair Product Portfolio
- 4.3.5 Praxair Recent Developments
- 4.4 Air Product
- 4.4.1 Air Product Oxygen Company Information
- 4.4.2 Air Product Oxygen Business Overview
- 4.4.3 Air Product Oxygen Production Capacity, Value and Gross Margin (2021-2026)
- 4.4.4 Air Product Product Portfolio
- 4.4.5 Air Product Recent Developments
- 4.5 Taiyo Nippon Sanso
- 4.5.1 Taiyo Nippon Sanso Oxygen Company Information
- 4.5.2 Taiyo Nippon Sanso Oxygen Business Overview
- 4.5.3 Taiyo Nippon Sanso Oxygen Production Capacity, Value and Gross Margin (2021-2026)
- 4.5.4 Taiyo Nippon Sanso Product Portfolio
- 4.5.5 Taiyo Nippon Sanso Recent Developments
- 4.6 Airgas
- 4.6.1 Airgas Oxygen Company Information
- 4.6.2 Airgas Oxygen Business Overview
- 4.6.3 Airgas Oxygen Production Capacity, Value and Gross Margin (2021-2026)
- 4.6.4 Airgas Product Portfolio
- 4.6.5 Airgas Recent Developments
- 4.7 MESSER
- 4.7.1 MESSER Oxygen Company Information
- 4.7.2 MESSER Oxygen Business Overview
- 4.7.3 MESSER Oxygen Production Capacity, Value and Gross Margin (2021-2026)
- 4.7.4 MESSER Product Portfolio
- 4.7.5 MESSER Recent Developments
- 4.8 Air Water
- 4.8.1 Air Water Oxygen Company Information
- 4.8.2 Air Water Oxygen Business Overview
- 4.8.3 Air Water Oxygen Production Capacity, Value and Gross Margin (2021-2026)
- 4.8.4 Air Water Product Portfolio
- 4.8.5 Air Water Recent Developments
- 4.9 Yingde Gases
- 4.9.1 Yingde Gases Oxygen Company Information
- 4.9.2 Yingde Gases Oxygen Business Overview
- 4.9.3 Yingde Gases Oxygen Production Capacity, Value and Gross Margin (2021-2026)
- 4.9.4 Yingde Gases Product Portfolio
- 4.9.5 Yingde Gases Recent Developments
- 4.10 HANGZHOU HANGYANG
- 4.10.1 HANGZHOU HANGYANG Oxygen Company Information
- 4.10.2 HANGZHOU HANGYANG Oxygen Business Overview
- 4.10.3 HANGZHOU HANGYANG Oxygen Production Capacity, Value and Gross Margin (2021-2026)
- 4.10.4 HANGZHOU HANGYANG Product Portfolio
- 4.10.5 HANGZHOU HANGYANG Recent Developments
- 4.11 SCGC
- 4.11.1 SCGC Oxygen Company Information
- 4.11.2 SCGC Oxygen Business Overview
- 4.11.3 SCGC Oxygen Production Capacity, Value and Gross Margin (2021-2026)
- 4.11.4 SCGC Product Portfolio
- 4.11.5 SCGC Recent Developments
- 4.12 Baosteel Gases
- 4.12.1 Baosteel Gases Oxygen Company Information
- 4.12.2 Baosteel Gases Oxygen Business Overview
- 4.12.3 Baosteel Gases Oxygen Production Capacity, Value and Gross Margin (2021-2026)
- 4.12.4 Baosteel Gases Product Portfolio
- 4.12.5 Baosteel Gases Recent Developments
- 4.13 Foshan Huate
- 4.13.1 Foshan Huate Oxygen Company Information
- 4.13.2 Foshan Huate Oxygen Business Overview
- 4.13.3 Foshan Huate Oxygen Production Capacity, Value and Gross Margin (2021-2026)
- 4.13.4 Foshan Huate Product Portfolio
- 4.13.5 Foshan Huate Recent Developments
5 Global Oxygen Production by Region
- 5.1 Global Oxygen Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global Oxygen Production by Region: 2021-2032
- 5.2.1 Global Oxygen Production by Region: 2021-2026
- 5.2.2 Global Oxygen Production Forecast by Region (2027-2032)
- 5.3 Global Oxygen Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global Oxygen Production Value by Region: 2021-2032
- 5.4.1 Global Oxygen Production Value by Region: 2021-2026
- 5.4.2 Global Oxygen Production Value Forecast by Region (2027-2032)
- 5.5 Global Oxygen Market Price Analysis by Region (2021-2026)
- 5.6 Global Oxygen Production and Value, YOY Growth
- 5.6.1 North America Oxygen Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe Oxygen Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China Oxygen Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan Oxygen Production Value Estimates and Forecasts (2021-2032)
6 Global Oxygen Consumption by Region
- 6.1 Global Oxygen Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global Oxygen Consumption by Region (2021-2032)
- 6.2.1 Global Oxygen Consumption by Region: 2021-2026
- 6.2.2 Global Oxygen Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Oxygen Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Oxygen Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe Oxygen Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Oxygen Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific Oxygen Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Oxygen Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa Oxygen Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa Oxygen Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global Oxygen Production by Type (2021-2032)
- 7.1.1 Global Oxygen Production by Type (2021-2032) & (M m3)
- 7.1.2 Global Oxygen Production Market Share by Type (2021-2032)
- 7.2 Global Oxygen Production Value by Type (2021-2032)
- 7.2.1 Global Oxygen Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global Oxygen Production Value Market Share by Type (2021-2032)
- 7.3 Global Oxygen Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global Oxygen Production by Application (2021-2032)
- 8.1.1 Global Oxygen Production by Application (2021-2032) & (M m3)
- 8.1.2 Global Oxygen Production Market Share by Application (2021-2032)
- 8.2 Global Oxygen Production Value by Application (2021-2032)
- 8.2.1 Global Oxygen Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global Oxygen Production Value Market Share by Application (2021-2032)
- 8.3 Global Oxygen Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 Oxygen Value Chain Analysis
- 9.1.1 Oxygen Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Oxygen Production Mode & Process
- 9.2 Oxygen Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Oxygen Distributors
- 9.2.3 Oxygen Customers
10 Global Oxygen Analyzing Market Dynamics
- 10.1 Oxygen Industry Trends
- 10.2 Oxygen Industry Drivers
- 10.3 Oxygen Industry Opportunities and Challenges
- 10.4 Oxygen Industry Restraints
11 Report Conclusion
12 Disclaimer
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