APO RESEARCH · REPORT
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 Growth & Trends
Global Oxygen Industry Growth and Trends Forecast to 2032
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 provides a structured, data-driven view of the global Oxygen market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The Oxygen market size, estimates, and forecasts are presented in terms of sales volume (M m3) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Oxygen market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Oxygen.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global Oxygen market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
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: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: 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 3: Detailed analysis of Oxygen manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Oxygen in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights 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 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Oxygen Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global Oxygen Sales Estimates and Forecasts (2021-2032)
- 1.3 Oxygen Market by Type
- 1.3.1 Medical Oxygen
- 1.3.2 Industrial Oxygen
- 1.3.3 Others
- 1.4 Global Oxygen Market Size by Type
- 1.4.1 Global Oxygen Market Size Overview by Type (2021-2032)
- 1.4.2 Global Oxygen Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global Oxygen Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America Oxygen Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe Oxygen Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific Oxygen Sales Breakdown by Type (2021-2026)
- 1.5.4 South America Oxygen Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa Oxygen Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
- 2.1 Oxygen Industry Trends
- 2.2 Oxygen Industry Drivers
- 2.3 Oxygen Industry Opportunities and Challenges
- 2.4 Oxygen Industry Restraints
3 Market Competitive Landscape by Company
- 3.1 Global Top Players by Oxygen Revenue (2021-2026)
- 3.2 Global Top Players by Oxygen Sales (2021-2026)
- 3.3 Global Top Players by Oxygen Price (2021-2026)
- 3.4 Global Oxygen Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Oxygen Major Company Production Sites & Headquarters
- 3.6 Global Oxygen Company, Product Type & Application
- 3.7 Global Oxygen Company Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Oxygen Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Oxygen Players Market Share by Revenue in 2025
- 3.8.3 2025 Oxygen Tier 1, Tier 2, and Tier 3
4 Oxygen Regional Status and Outlook
- 4.1 Global Oxygen Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global Oxygen Historic Market Size by Region
- 4.2.1 Global Oxygen Sales in Volume by Region (2021-2026)
- 4.2.2 Global Oxygen Sales in Value by Region (2021-2026)
- 4.2.3 Global Oxygen Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global Oxygen Forecasted Market Size by Region
- 4.3.1 Global Oxygen Sales in Volume by Region (2027-2032)
- 4.3.2 Global Oxygen Sales in Value by Region (2027-2032)
- 4.3.3 Global Oxygen Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Oxygen by Application
- 5.1 Oxygen Market by Application
- 5.1.1 Metallurgical Industrial
- 5.1.2 Chemical Industrial
- 5.1.3 Medical
- 5.1.4 Others
- 5.2 Global Oxygen Market Size by Application
- 5.2.1 Global Oxygen Market Size Overview by Application (2021-2032)
- 5.2.2 Global Oxygen Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global Oxygen Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America Oxygen Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe Oxygen Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific Oxygen Sales Breakdown by Application (2021-2026)
- 5.3.4 South America Oxygen Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa Oxygen Sales Breakdown by Application (2021-2026)
6 Company Profiles
- 6.1 Linde Group
- 6.1.1 Linde Group Company Information
- 6.1.2 Linde Group Business Overview
- 6.1.3 Linde Group Oxygen Sales, Revenue and Gross Margin (2021-2026)
- 6.1.4 Linde Group Oxygen Product Portfolio
- 6.1.5 Linde Group Recent Developments
- 6.2 AirLiquide
- 6.2.1 AirLiquide Company Information
- 6.2.2 AirLiquide Business Overview
- 6.2.3 AirLiquide Oxygen Sales, Revenue and Gross Margin (2021-2026)
- 6.2.4 AirLiquide Oxygen Product Portfolio
- 6.2.5 AirLiquide Recent Developments
- 6.3 Praxair
- 6.3.1 Praxair Company Information
- 6.3.2 Praxair Business Overview
- 6.3.3 Praxair Oxygen Sales, Revenue and Gross Margin (2021-2026)
- 6.3.4 Praxair Oxygen Product Portfolio
- 6.3.5 Praxair Recent Developments
- 6.4 Air Product
- 6.4.1 Air Product Company Information
- 6.4.2 Air Product Business Overview
- 6.4.3 Air Product Oxygen Sales, Revenue and Gross Margin (2021-2026)
- 6.4.4 Air Product Oxygen Product Portfolio
- 6.4.5 Air Product Recent Developments
- 6.5 Taiyo Nippon Sanso
- 6.5.1 Taiyo Nippon Sanso Company Information
- 6.5.2 Taiyo Nippon Sanso Business Overview
- 6.5.3 Taiyo Nippon Sanso Oxygen Sales, Revenue and Gross Margin (2021-2026)
- 6.5.4 Taiyo Nippon Sanso Oxygen Product Portfolio
- 6.5.5 Taiyo Nippon Sanso Recent Developments
- 6.6 Airgas
- 6.6.1 Airgas Company Information
- 6.6.2 Airgas Business Overview
- 6.6.3 Airgas Oxygen Sales, Revenue and Gross Margin (2021-2026)
- 6.6.4 Airgas Oxygen Product Portfolio
- 6.6.5 Airgas Recent Developments
- 6.7 MESSER
- 6.7.1 MESSER Company Information
- 6.7.2 MESSER Business Overview
- 6.7.3 MESSER Oxygen Sales, Revenue and Gross Margin (2021-2026)
- 6.7.4 MESSER Oxygen Product Portfolio
- 6.7.5 MESSER Recent Developments
- 6.8 Air Water
- 6.8.1 Air Water Company Information
- 6.8.2 Air Water Business Overview
- 6.8.3 Air Water Oxygen Sales, Revenue and Gross Margin (2021-2026)
- 6.8.4 Air Water Oxygen Product Portfolio
- 6.8.5 Air Water Recent Developments
- 6.9 Yingde Gases
- 6.9.1 Yingde Gases Company Information
- 6.9.2 Yingde Gases Business Overview
- 6.9.3 Yingde Gases Oxygen Sales, Revenue and Gross Margin (2021-2026)
- 6.9.4 Yingde Gases Oxygen Product Portfolio
- 6.9.5 Yingde Gases Recent Developments
- 6.10 HANGZHOU HANGYANG
- 6.10.1 HANGZHOU HANGYANG Company Information
- 6.10.2 HANGZHOU HANGYANG Business Overview
- 6.10.3 HANGZHOU HANGYANG Oxygen Sales, Revenue and Gross Margin (2021-2026)
- 6.10.4 HANGZHOU HANGYANG Oxygen Product Portfolio
- 6.10.5 HANGZHOU HANGYANG Recent Developments
- 6.11 SCGC
- 6.11.1 SCGC Company Information
- 6.11.2 SCGC Business Overview
- 6.11.3 SCGC Oxygen Sales, Revenue and Gross Margin (2021-2026)
- 6.11.4 SCGC Oxygen Product Portfolio
- 6.11.5 SCGC Recent Developments
- 6.12 Baosteel Gases
- 6.12.1 Baosteel Gases Company Information
- 6.12.2 Baosteel Gases Business Overview
- 6.12.3 Baosteel Gases Oxygen Sales, Revenue and Gross Margin (2021-2026)
- 6.12.4 Baosteel Gases Oxygen Product Portfolio
- 6.12.5 Baosteel Gases Recent Developments
- 6.13 Foshan Huate
- 6.13.1 Foshan Huate Company Information
- 6.13.2 Foshan Huate Business Overview
- 6.13.3 Foshan Huate Oxygen Sales, Revenue and Gross Margin (2021-2026)
- 6.13.4 Foshan Huate Oxygen Product Portfolio
- 6.13.5 Foshan Huate Recent Developments
7 North America by Country
- 7.1 North America Oxygen Sales by Country
- 7.1.1 North America Oxygen Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America Oxygen Sales by Country (2021-2026)
- 7.1.3 North America Oxygen Sales Forecast by Country (2027-2032)
- 7.2 North America Oxygen Market Size by Country
- 7.2.1 North America Oxygen Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America Oxygen Market Size by Country (2021-2026)
- 7.2.3 North America Oxygen Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe Oxygen Sales by Country
- 8.1.1 Europe Oxygen Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe Oxygen Sales by Country (2021-2026)
- 8.1.3 Europe Oxygen Sales Forecast by Country (2027-2032)
- 8.2 Europe Oxygen Market Size by Country
- 8.2.1 Europe Oxygen Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe Oxygen Market Size by Country (2021-2026)
- 8.2.3 Europe Oxygen Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific Oxygen Sales by Country
- 9.1.1 Asia-Pacific Oxygen Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific Oxygen Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific Oxygen Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific Oxygen Market Size by Country
- 9.2.1 Asia-Pacific Oxygen Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific Oxygen Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific Oxygen Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America Oxygen Sales by Country
- 10.1.1 South America Oxygen Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America Oxygen Sales by Country (2021-2026)
- 10.1.3 South America Oxygen Sales Forecast by Country (2027-2032)
- 10.2 South America Oxygen Market Size by Country
- 10.2.1 South America Oxygen Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America Oxygen Market Size by Country (2021-2026)
- 10.2.3 South America Oxygen Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa Oxygen Sales by Country
- 11.1.1 Middle East and Africa Oxygen Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa Oxygen Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa Oxygen Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa Oxygen Market Size by Country
- 11.2.1 Middle East and Africa Oxygen Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa Oxygen Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa Oxygen Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 Oxygen Value Chain Analysis
- 12.1.1 Oxygen Key Raw Materials
- 12.1.2 Key Raw Materials Price
- 12.1.3 Raw Materials Key Suppliers
- 12.1.4 Manufacturing Cost Structure
- 12.1.5 Oxygen Production Mode & Process
- 12.2 Oxygen Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 Oxygen Distributors
- 12.2.3 Oxygen Customers
13 Concluding Insights
14 Appendix
- 14.1 Reasons for Doing This Study
- 14.2 Research Methodology
- 14.3 Research Process
- 14.4 Authors List of This Report
- 14.5 Data Source
- 14.5.1 Secondary Sources
- 14.5.2 Primary Sources
- 14.6 Disclaimer
GET THE RESEARCH
Choose your license.
Choose who needs access.
All options are for this report and research series.
PDF by email within 3–5 working days after payment confirmation.
Talk to an analyst