Industrial Oxygen Market

• In July 2021, Linde announced that it had started its new on-site facility in Qinzhou, China. The facility can supply up to 7,500 tons of oxygen per day.
• In June 2021, Air Liquide finalized the acquisition of Sasol's 16 Air Separation Units in Secunda, South Africa. The facility is the world's largest oxygen production site.

In this report, The Industrial Oxygen Market has been segmented by Type, Usage, Form, Product Type and Geography.

Industrial Oxygen Market, Segmentation by Type

The Industrial Oxygen Market has been segmentation by Type into Low Purity (90%-99%) and High Purity (Greater than 99.5%).

Low Purity (90%–99%)

Low Purity oxygen, with concentration levels between 90% and 99%, represents about 40% of the global market share. It is widely used in metal fabrication, chemical processing, and wastewater treatment, where ultra-high purity is not a strict requirement.

High Purity (Greater than 99.5%)

High Purity oxygen, with concentration above 99.5%, holds nearly 60% of the market. It is critical for healthcare, electronics manufacturing, and aerospace applications, where maintaining superior quality and safety standards is essential.

Industrial Oxygen Market, Segmentation by Form

The Industrial Oxygen Market has been segmentation by Form into Gas and Liquid.

Gas

The gas form of industrial oxygen holds approximately 70% of the market share. It is widely used in steel production, chemical industries, and medical facilities, supported by efficient pipeline and cylinder supply systems.

Liquid

The liquid form of oxygen represents nearly 30% of the global market. It is particularly valuable for bulk storage and large-scale applications in sectors such as aerospace, metallurgy, and energy generation, where efficiency and long-term storage are essential.

Industrial Oxygen Market, Segmentation by Usage

The Industrial Oxygen Market has been segmentation by Usage into Primary Oxygen and Secondary Oxygen.

Primary Oxygen

The primary oxygen segment holds close to 65% of the industrial oxygen market. It is extensively used in steel manufacturing, chemical processing, and glass production, where it enhances combustion efficiency and reduces impurities in operations.

Secondary Oxygen

The secondary oxygen segment accounts for nearly 35% of market share. It is widely applied in medical treatments, water purification, and small-scale industrial applications. Growing emphasis on healthcare and sustainability continues to fuel its adoption.

Industrial Oxygen Market, Segmentation by Product Type

The Industrial Oxygen Market has been segmentation by Product Type into Compressed Oxygen Gas, Liquefied Oxygen and Oxygen Gas Mixtures.

Compressed Oxygen Gas

The compressed oxygen gas segment dominates with nearly 50% market share. It is widely used in welding, cutting, and chemical production. Its cost efficiency and convenient storage and transport make it the most preferred choice for industrial applications.

Liquefied Oxygen

The liquefied oxygen segment captures close to 35% of the market. It plays a critical role in steelmaking, aerospace engineering, and healthcare due to its high purity and ability for bulk cryogenic storage, supporting industries with large-scale oxygen needs.

Oxygen Gas Mixtures

The oxygen gas mixtures segment holds around 15% of the market. It is primarily applied in medical treatments, laboratory work, and specialized chemical processes. Rising demand for customized gas blends is boosting its adoption across niche applications.

Industrial Oxygen Market, Segmentation by End User

The Industrial Oxygen Market has been segmentation by End User into Automotive & Aerospace, Chemical Processing and Energy

Automotive & Aerospace

The automotive & aerospace sector accounts for nearly 40% of the industrial oxygen demand. It is essential for metal fabrication, engine testing, and advanced material processing, making it a cornerstone for production efficiency in these industries.

Chemical Processing

Chemical processing represents about 35% of the market, as oxygen is vital in oxidation reactions, petrochemical refining, and the production of synthetic materials. Its role in accelerating chemical processes ensures higher output and energy efficiency.

Energy

The energy sector contributes close to 25% of the industrial oxygen market. It is widely applied in power generation, gasification processes, and clean energy technologies, supporting the global shift toward sustainable energy solutions.

Industrial Oxygen Market, Segmentation by Geography

In this report, The Industrial Oxygen Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

Industrial Oxygen Market Share (%), by Geographical Region

North America

North America holds around 28% of the global industrial oxygen market. Its demand is driven by strong growth in the healthcare sector, large-scale manufacturing industries, and the expanding energy sector.

Europe

Europe accounts for nearly 25% of the market share, with high usage in chemical processing, aerospace applications, and the transition toward clean energy technologies. Regulatory support further fuels adoption.

Asia Pacific

The Asia Pacific region dominates with over 35% share, supported by rapid industrialization, rising automotive production, and growing construction activity. It stands as the fastest-expanding regional market.

Middle East & Africa

Middle East & Africa contribute close to 7% of global demand. Industrial oxygen is used in oil refining, petrochemical processes, and energy projects, making the region a steady but smaller growth hub.

Latin America

Latin America holds about 5% share, with increasing demand from automotive manufacturing, metallurgical processes, and the healthcare industry. The region is gradually improving its industrial base.