Oxygen Prices Maintains Upward Momentum: Q2 2025 Update

23-Jul-2025

The global oxygen market continues to evolve amid shifting supply-demand dynamics, operational challenges, and sector-specific developments. IMARC Group’s latest publication, Oxygen Price Trend, Index and Forecast Data Report 2025 Edition, presents updated insights of the Q2 2025 oxygen price movements across key regions, including North America, Asia Pacific and Europe. The report highlights regional pricing variations driven by healthcare, metallurgical, and construction activities, as well as disruptions in supply chain networks and increasing production costs.

Q2 2025 Oxygen Prices:

Canada: USD 513/MT
China: USD 396/MT
India: USD 371/MT
Indonesia: USD 356/MT
France: USD 335/MT

Q2 2025 Oxygen Prices

To access real-time prices Request Sample

The present oxygen prices across major economies reflect the material’s indispensable role in high-performance industries such as healthcare, steel, and petrochemicals, with persistent demand, energy-related cost pressures, and supply chain constraints contributing to a stable or upward global price trend.

Key Regional Price Trends and Market Drivers:

Canada

Prices rose to USD 513/MT in June 2025, due to elevated demand from the healthcare and metal fabrication sectors. Production was hindered by maintenance activities at air separation units and rising electricity tariffs. Cross-border logistics and limited cryogenic tanker availability added to supply-side stress.

China

In China, during Q2 2025, the prices stood at USD 396/MT, influenced by power restrictions during peak summer and environmental inspections at gas plants. Strong demand from the steel and petrochemical sectors, alongside increased exports to Southeast Asia, tightened domestic availability and pressured margins.

India

Oxygen prices in India touched USD 371/MT in June 2025, driven by seasonal medical demand and consumption from the metal processing industry. Regional supply imbalances were driven by logistical inefficiencies and restricted access to cryogenic cylinders, further compounded by high coal-based energy costs.

Indonesia

Priced at USD 356/MT in Q2 2025, Indonesia experienced pricing fluctuations due to scheduled and unplanned outages in industrial gas facilities. Demand from manufacturing and shipbuilding sectors surged, while port bottlenecks and dependency on imported derivatives added to cost volatility.

France

France reported oxygen prices at USD 335/MT in Q2 2025, with steady demand from the healthcare, automotive, and construction industries. Refinery turnarounds boosted industrial oxygen procurement, while rising electricity costs and transport strikes disrupted production and delivery.

Oxygen Industry Overview:

The global oxygen market reached a valuation of USD 47.45 Billion in 2024 and is projected to grow to USD 69.30 Billion by 2033, exhibiting a CAGR of 4.09% during 2025-2033. This growth is majorly driven by rising demand across both medical and industrial applications. The increasing prevalence of respiratory conditions, coupled with an aging global population, is driving sustained consumption of medical-grade oxygen, while industrial-grade oxygen is gaining traction in steel production, chemical manufacturing, and wastewater treatment.

Some of the key drivers contributing to this market expansion include advancements in oxygen generation technologies and the growing use of portable delivery systems in home healthcare. Additionally, increasing industrialization in Asia Pacific and Latin America, coupled with government investments in healthcare infrastructure and air quality improvement initiatives, is further propelling demand. The market is also supported by stringent environmental regulations in developed regions, the growing demand for high-purity oxygen in aerospace applications, and strategic partnerships among leading industry players aimed at expanding production capabilities and market reach.

Recent Market Trends and Industry Analysis:

The global oxygen industry is undergoing steady expansion, driven by diversified applications across healthcare, manufacturing, and environmental sectors. The rising prevalence of respiratory diseases and an aging population are fueling the demand for medical oxygen, while industrial-grade oxygen is essential for steelmaking, chemical processing, and water treatment. Technological advancements such as pressure swing adsorption (PSA), and membrane-based oxygen generation are enhancing production efficiency and cost-effectiveness.

Additionally, increasing urbanization and industrial activity in emerging economies are bolstering consumption, supported by infrastructure development and clean air initiatives. Strategic mergers, acquisitions, and partnerships are helping key players expand their geographic presence and technological capabilities. The growing adoption of home healthcare services, space exploration, and environmental regulations further highlights oxygen's evolving role in critical, high-performance applications.

Strategic Forecasting and Analysis:

IMARC’s report incorporates forecasting models that project near-term price movements based on evolving trade policies, raw material supply, and technological trends. These tools enable businesses to mitigate risk, enhance sourcing strategies, and support long-term planning.

Key Features of the Report:

Price Charts and Historical Data
FOB and CIF Spot Pricing
Regional Demand-Supply Assessments
Port-Level Price Analysis
Sector-Specific Demand and Supply Insights

Global Bauxite Price Trends – Q2 2025 Insights by Country and Sector

Stainless Steel (316) Prices Q2 Update Across USA, China, Germany, India & Mexico

What's driving Cement Prices in Q2 2025?

Speak to an Analyst

Get in Touch With Us

UNITED STATES

Phone: +1 201971-6302

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-714-6104

Email: sales@imarcgroup.com

Client Testimonials

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

IMARC did an outstanding job in preparing our study. They were punctual and precise, delivering all the data we required in a clear and well-organized format. Their attention to detail and ability to meet deadlines was impressive, making them a reliable partner for our project.

I wanted to express my sincere appreciation for your efforts in handling this matter. Your dedication and commitment have truly been commendable. It is evident that you have put in a tremendous amount of hard work and expertise into resolving the issues at hand. I would also like to take this opportunity to inform you that we are greatly interested

Overall, the deliverable was well organized and my experience with the project team was good. In particular, I appreciated how they responded when I requested additional information and the Japanese version.

The IMARC team were extremely professional and very cooperative. The team were also extremely flexible in making changes and modifications wherever required. The entire experience right from project kick-off to after sales support was fruitful and smooth.

I’d like to express my gratitude for the work you accomplished with the industry report. The way you responded to the requirements and delivered under tight timelines shows your expertise, exceptional work ethic and commitment to your customer’s success. The entire team and company are incredibly thankful for your dedication. Once again, thank you

The market reports from IMARC have been instrumental in guiding our business strategies. We found the reports comprehensive and data-driven, which helped us make informed decisions. The detailed insights and actionable data have consistently provided us with a competitive edge in a rapidly changing alcohol market.

One of the best things about IMARC is their flexibility and predisposition to tailor the reports and adapt to our needs. They are not just great in their researching and consulting solutions, but their service is unparallelled. We’ve worked with them a couple of times and we will keep working with them in future projects.

We recently commissioned multiple market research reports from IMARC, and the insights we received were invaluable. The depth of analysis, accuracy of data, and actionable recommendations have greatly enhanced our strategic decision-making.

The market estimates provided by your team were pretty much in line with what we were theorizing internally. Really appreciate the work on this.

The sale account manager and the service was excellent. The data and market trends gathered from the report was insightful and really assisted while planning future product and growth strategies.

The report is excellent and has good amount of data and our team is extremely happy with the information provided.

Thank you very much for your cooperation and post purchase support. We were really happy with the final deliverable, and the takeaways from the report.