Report Code: A15557 | Nov 2023 | Pages: NA | ||
Tables: NA | Charts: NA |
|
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Oxygen Scavengers Market
Request Now !Oxygen scavengers, also known as oxygen absorbers, are devices that remove oxygen from a variety of processes, including food processing and boiler systems. It prevents deteriorative reactions caused by a lack of oxygen, hence increasing the operational capability of many objects and procedures. Dynamic packaging includes oxygen scavengers that are specifically used for packaging purposes. This type of packaging is commonly used in the food, beverage, and pharmaceutical industries, and it reacts to changes in the environment. The item helps to reduce the detrimental effects of oxygen while also extending the shelf life of packed goods. It is used in boilers in conjunction with de-aerators to remove any leftover oxygen and reduce consumption. Initially, the main compounds utilized to protect boiler systems from oxygen were sulfite and hydrazine. In several nations, however, hydrazine has been classified as a possible carcinogen. As a result, manufacturers began using oxygen scavengers instead of hydrazine. To eliminate remaining dissolved oxygen, oxygen scavenger chemicals are applied to boilers or condensate.
COVID-19 Impact analysis
The COVID-19 epidemic has thrown a halt to a variety of enterprises and industries around the world. This has had a negative influence on the oxygen scavengers business. During the COVID-19 pandemic, however, there is a ray of hope for the oxygen scavengers market. The SARS-CoV-2 pandemic caused governments around the world to issue stay-at-home directives. Because of this instruction, many people around the world have decided to stay at home. COVID-19 has had a three-fold influence on oxygen scavengers: directly influencing production and demand, disrupting supply chains and marketplaces, and having a financial impact on enterprises and financial markets.
Top Impacting Factors
The market is projected to benefit from rising demand for active packaging solutions that protect food from germs and help retain nutrient content, notably in North America and Asia-Pacific. Metallic oxygen scavengers currently dominate the market, and the category is expected to grow significantly over the forecast period, due to enhanced performance in terms of product shelf life compared to non-metallic absorbers. Advanced packaging necessitates the use of oxygen absorbers to extend the shelf life of perishable products such fruits, vegetables, beverages, frozen meals, nuts, and bakery items, which is projected to drive market growth. The increased use of oxygen scavengers is expected to drive the market in the next years due to their specific intrinsic advantages. Major industry players are constantly working to improve their technological capabilities in order to manufacture better products and boost efficiency.
Market Trends
Key Benefits of the Report
Oxygen Scavengers Market Report Highlights
Aspects | Details |
---|---|
By Type |
|
By End-Use Industry |
|
By Region |
|
Key Market Players | BASF SE, Clariant Ltd., Kemira OYJ, Ecolab Inc., Mitsubishi Gas Chemical Company |
Start reading.
This Report and over 67,068+ more Reports, Available with Avenue Library. T&C*.
Enterprise
License/PDF
Library
Membership
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Get Industry Data AlertsTo ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers