Oxygen Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data

Oxygen Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data

Report Format: PDF+Excel | Report ID: SR112024A23223
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Oxygen Prices December 2023

Product
Category Region Price
Oxygen Chemical USA 229 USD/MT
Oxygen Chemical China 348 USD/MT


The United States oxygen price for Q4 2023 in December was 229 USD/MT.
The price of oxygen in China in Q4 2023 was 348 USD/MT.

Oxygen Price Trend, Market Analysis, and News  

IMARC’s newly published report, titled “Oxygen Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of oxygen pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot prices at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of oxygen price trend across North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.   

The report examines the elements influencing oxygen price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Oxygen Price Trend

Oxygen Market Analysis                                 

The global oxygen market size reached US$ 45.4892308 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 66.45 Billion, at a projected CAGR of 4.30% during 2023-2032.

  • The increase in respiratory diseases such as asthma and chronic obstructive pulmonary disease (COPD) has positively affected the demand for medical oxygen. The aging demographic of the global population further increases the demand for healthcare services, which further augments the demand for medical oxygen.             
  • Demand for industrial-grade oxygen continues to be driven by the expansion of steel and chemical production, as well as water treatment. Continuous improvement in the production of oxygen and its application in industrial processes is increasing efficiency and reducing costs.     
  • Innovations in oxygen delivery systems, portable and lightweight oxygen concentrators, improve patient mobility and convenience. Advances in oxygen generation systems, such as PSA and membrane technology, are proving to be beneficial in providing efficient and economical solutions.   
  • With growing industrialization and urbanization in economies of Asia Pacific and Latin America, consequential demand for both medical and industrial oxygen is rising. This is further supported by the government's investments in healthcare infrastructure and initiatives taken to increase the air quality in these regions, which will tend to increase market growth.
  • Developed economies have stringent environmental regulations and are fueling the demand for oxygen across the wastewater treatment and pollution control sector. In addition, technological advances in green technologies and sustainable practices in these industries are the prime drivers promoting the use of oxygen for environmental benefits.
  • Mergers and acquisitions between key players in the oxygen market result in consolidation that helps companies expand product portfolios and reach long geographic locations. This is further catalyzed by strategic alliances and collaborations that propel their technological capabilities and penetrate markets. 
  • Home oxygen therapy is being influenced by rising demand from patients who prefer home healthcare services due to their ease of use and cost-effectiveness. Homecare settings are growing rapidly with technological advancements in the fields of telemedicine and remote monitoring.     
  • The demand for high-purity oxygen has increased with growing activities in space exploration and aerospace, specifically for life support systems and rocket propulsion. The research and development in space missions fast-track development in the technology for production and storage of oxygen.    
  • The COVID-19 pandemic has demonstrated the critical importance of reliable oxygen supply chains, prompting increased investments in infrastructure and emergency preparedness. Key focus areas for improvement include the enhancement of oxygen supply logistics and the expansion of storage capacities to better address the challenges posed by future health emergencies.

Oxygen News     

The report covers the latest developments, updates, and trends impacting the global oxygen market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in oxygen production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the oxygen price trend. 

Latest developments in the oxygen industry:                   

  • On 21st September, Nitrex and Linde celebrated their 13-year collaboration, which covers Europe and North America. This partnership emphasizes both companies’ positioning in terms of technology, digital, and green footprints. It also solidifies the strong synergy between them, increasing the value that they bring to their customers and each other.
  • On 11th September 2023, Air Products partnered with Chengzhi to drive zero-emission heavy transportation in China’s Yangtze River Delta. They have launched their first commercial-scale hydrogen fueling station in Changshu city, Jiangsu province, capable of fueling city buses and heavy-duty trucks in logistics.  

Product Description 

Oxygen is a gaseous chemical element with the formula O2. It comprises one-fifth of the Earth's atmosphere. Oxygen is necessary in the support of life and respiration of most organisms on the Earth. In medicine, it is applied to patients with respiratory conditions. It aids in the support of the lungs to make them function more efficiently and thus enable patients to recover and further enhance their health status.   

In industries such as steel manufacturing, chemical production, and wastewater treatment, it aids in the process of combustion, oxidation, and other chemical reactions. The usefulness of oxygen spans from its ability to sustain life, increase the efficiency of industries, and help in the environment through pollutant breakdown.

There are different types of oxygen, including medical oxygen, which is ultra-pure, meant for therapy, industrial oxygen is used in manufacturing and processing, while aviator's breathing oxygen is used by pilots when assents are gained to very high altitudes.

Regional Coverage

The report provides a detailed analysis of the oxygen market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the oxygen price trend.   

Global Oxygen Price

The report offers a holistic view of the global oxygen pricing trends, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level.

Europe Oxygen Price

European oxygen prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.

This analysis can be extended to include detailed oxygen price information for a comprehensive list of countries.

Region Countries Covered
Europe Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries.


North America Oxygen Price

The analysis of oxygen prices in North America delves into the regional industry dynamics, encompassing the impact of local production capacities and the trade flows between North America and other significant global markets.

Specific data on oxygen prices within the United States and Canada can also be provided.

Region Countries Covered
North America United States and Canada


Middle East and Africa Oxygen Price

The report explores the oxygen pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on oxygen prices for countries can also be provided.

Region Countries Covered
Middle East & Africa Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries.


Asia Pacific Oxygen Price

The oxygen pricing trends in Asia Pacific are examined, reflecting the role of the region as a major global production hub and consumer market, with price dynamics heavily influenced by supply chain efficiencies, regional demand rises, and policy shifts in major economies.

This analysis can be further extended to include detailed oxygen prices for a comprehensive list of countries within the region.

Region Countries Covered
Asia Pacific China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.


Latin America Oxygen Price

The analysis of oxygen prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Region Countries Covered
Latin America Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries.


Report Coverage

Key Attributes Details
Product Name Oxygen
Report Features Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Price Analysis, and Segment-Wise Assessment.
Currency/Units US$ (Data can also be provided in local currency) or Metric Tons
Region/Countries Covered The current coverage includes analysis at the global and regional levels only. 
 
Based on your requirements, we can also customize the report and provide specific information for the following countries: 
 
Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand*
 
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* 
 
North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru*

Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco*

*The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client.
Information Covered for Key Suppliers
  • Company Overview
  • Business Description
  • Product Portfolio
  • Recent Trends and Developments
Customization Scope The report can be customized as per the requirements of the customer
Report Price and Purchase Option

Plan A: Monthly Updates - Annual Subscription

  • Scope
    • Historical Data for the Current Month
    • Forecast for Next Month
  • Total Deliverables Per Year: 12 (One Per Month)
  • Includes: One PDF and Excel datasheet per month, Post Purchase Analyst Support throughout the year

Plan B: Quarterly Updates - Annual Subscription

  • Scope
    • Historical Data for the Current Quarter
    • Forecast for Next Quarter
  • Total Deliverables Per Year: 4 (One Per Quarter)
  • Includes: One PDF and Excel datasheet per Quarter, Post Purchase Analyst Support throughout the year

Plan C: Biannually Updates - Annual Subscription

  • Scope
    • Historical Data for the Current Half
    • Forecast for the Next Half
  • Total Deliverables Per Year: 2 (One Per 6 Months)
  • Includes: One PDF and Excel datasheet per Half, Post Purchase Analyst Support throughout the year  
Post-Sale Analyst Support  360-degree analyst support after report delivery
Delivery Format PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) 


Key Benefits for Stakeholders:

  • IMARC’s report presents a detailed analysis of oxygen pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
  • The study examines factors affecting oxygen price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
  • The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
  • IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights, ensuring they remain at the forefront of the oxygen industry.

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Oxygen Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data
Purchase options
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For 4 Deliverables, Billed Annually

For 12 Deliverables, Billed Annually


Benefits of Customization

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