The global active oxygens market is projected to worth USD 3.9 billion in 2023. The market is likely to surpass USD 6.7 billion by 2033 at a CAGR of 5.5% during the forecast period.
The demand for these chemicals is driven by their strong antimicrobial properties that inhibits the growth of bacteria as well as viruses during processing. These are one of the strongest antimicrobial which produce no toxic byproduct on application.
The growing use of active oxygens in water treatment applications is a key driver for active oxygens market. These chemicals are used to treat municipal wastewater, industrial wastewater, swimming pool water, drinking water, etc. Active oxygen sterilization rate is 3,000 times faster than that of chlorine with more than 99% bacteria and germ removal which makes it one of the high demand antibacterial in recent times.
Other Drivers Propelling the Demand for Active Oxygens include:
Challenges for Companies /Manufacturers in the Market:
Opportunities in the Market:
Latest Trends in the Market:
| Attributes | Details |
|---|---|
| Active Oxygens Market Size (2023) | USD 3.9 billion |
| Active Oxygens Market Projected Size (2033) | USD 6.7 billion |
| Value CAGR (2023 to 2033) | 5.5% |
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During 2018 and 2022, the global active oxygens market grew with 4.9% CAGR. The product witnessed increasing demand from end-use industries as its benefits and methods of applications became vibrant.
The demand for active oxygens for cleaning and water treatment remained high during the historical period as COVID-19 shifted the interest of end-users towards hygienic products. Active oxygens for aseptic packaging applications also emerged as a key demand segment for the product.
During the forecast period of 2023 to 2033, the Active Oxygens market is anticipated to grow at a CAGR of 5.5%. The product’s demand will spur due to their growing usage in multiple end-uses that are set to capture significant portion of market share.
The use of active oxygen products and technology in laundry dry cleaning is growing at a faster pace. Active oxygens not only kills the microbes but also remove the lingering odors even from the delicate fabrics. Similarly, the use of active oxygens in cleaning products like toothpastes and detergents is expanding the product’s applicability in huge FMCG. This will create lucrative growth opportunities for the product in coming years.
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| Country | The United States |
|---|---|
| Market Size (US$ billion) by End of Forecast Period (2033) | USD 1.0 billion |
| CAGR % 2023 to End of Forecast (2033) | 5.6% |
The active oxygens market in the United States is expected to reach US$ 1.0 billion by the end of forecast period. The market will expand at a CAGR of 5.6% during this period. The growing usage of active oxygens in water treatment applications such as swimming pool treatment, wastewater treatment, drinking water treatment, etc. is anticipated to lead the market growth in the country.
| Country | India |
|---|---|
| Market Size (US$ billion) by End of Forecast Period (2033) | USD 0.5 billion |
| CAGR % 2023 to End of Forecast (2033) | 6.2% |
In India, the active oxygen market is anticipated to grow at a 6.2% CAGR to reach the market size of USD 0.5 billion by the end of 2033. The increasing adoption of the product in FMCG applications like toothpaste and detergents is anticipated to flourish the demand in the coming years. Market participants are launching new FMCG products enabled with active oxygens in India products to capture a key share of this populous country in early stages of market development.
| Country | China |
|---|---|
| Market Size (US$ billion) by End of Forecast Period (2033) | US$ 1.2 billion |
| CAGR % 2023 to End of Forecast (2033) | 6.0% |
China has the world’s largest aquaculture industry where active oxygen is used to maintain sustainable growth of the aquatic species. The aquaculture producers regularly use active oxygens to maintain a balanced aquaculture. With the rising population of the country, the demand for aquatic animals is anticipated to grow in the forecast period. The China active oxygens market is projected to reach a market size of USD 1.2 billion by 2033, growing at a considerable growth rate of 6.0% during 2023 and 2033.
| Country | Germany |
|---|---|
| Market Size (US$ billion) by End of Forecast Period (2033) | USD 0.6 billion |
| CAGR % 2023 to End of Forecast (2033) | 5.3% |
In the European region, Germany will be the key country to lead the expansion of active oxygens market. The country’s demand for active oxygens is expected to grow at 5.3% CAGR in terms of value to reach a market size of USD 0.6 billion by 2033. Steady growth among the end-use industries coupled with the increasing product awareness will cater to the growth of the market.
| Country | Japan |
|---|---|
| Market Size (US$ billion) by End of Forecast Period (2033) | USD 0.4 billion |
| CAGR % 2023 to End of Forecast (2033) | 5.1% |
Japan’s strategic research and development efforts for sustainable technology development and exploring new applications for active oxygens is anticipated to bring significant growth in the product market. By 2033, the country’s active oxygen market is projected to worth more than USD 0.4 billion. Chemical synthesis, cleaning and disinfectants, and soil remediation end uses are expected to lead the market growth in the country.
Based on the product the active oxygens market is divided into peroxides and Ozone segments. The peroxide segment is anticipated to occupy the largest market share in 2023, due the pre-established products and their applications in the market. Peroxides such as hydrogen peroxide, calcium peroxide, etc. are well-known disinfectant chemicals which will witness a rise in demand as active oxygen in coming years.
In the forecast period, the ozone segment is predicted to grow at faster CAGR owing to the increasing production and rising applications of the product in various end-use industries. Ozone has emerged as a rapid antimicrobial which can be used in aseptic packaging, laundry care, water treatment, and chemical synthesis. Owing to these benefits of active oxygens, their market is expected to have significant growth prospects.
In the agrochemical industry, the need for soil remediation chemicals is on the rise. The inadequate levels of oxygen in the soil limits the ability of aerobic microorganism to degrade the contaminants through biological processes. In such cases, the active oxygen agents play a crucial role to meet the necessary oxygen demand. Heavy rainfall or poor irrigation techniques also results in reduced oxygen in the soil, where active oxygens are used extensively to remediate the soil for agriculture.
Similarly, the demand for active oxygens is on the rise to treat artificial or natural lakes where the oxygen levels are insufficient to effectively support the aquaculture. This usage of active oxygens is not only limited for a particular region but also applies for the different parts of the world due the changing climate conditions. As a result, the product is expected to witness thriving demand from this end-use segment.
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The active oxygen market is consolidated with the key players who occupy a significant share of the market. These players are expanding their capacities to meet the rising demand from the end-users. However, new players are entering the market with distinctive products for specific applications as well as acquisitions of existing players.
Research and development for the new applications of active oxygens is a key market trend. Apart from this following strategies are adopted by the key market participants:
Companies invest hugely in research and development to introduce innovative products that offer enhanced efficiency, reliability, and cost-effectiveness. Product innovation enables companies to differentiate themselves from their competitors and cater to the evolving needs of customers.
In March 2022, Colgate-Palmolive (India) has introduced a new product, Visible White O2, which utilizes active oxygen technology to whiten teeth in three days. To promote this premium toothpaste, the company has launched a 'Smile Out Loud' campaign.
In May 2023, Evonik's VIGOROX® Trident peracetic acid has received EPA approval for use in RAS and ponds to reduce fish pathogens such as bacteria and viruses in water. This biocide, produced by Evonik's Active Oxygens business line, can be applied in presence of fish as it degrades into only water, oxygen, and acetic acid.
Key players in the industry often form strategic partnerships and collaborations with other companies to leverage their strengths and expand their reach in the market. Such collaborations also allow companies to gain access to new technologies and markets.
The Active Oxygens industry is witnessing significant growth in emerging markets such as India and Middle East. Key players are expanding their presence in these markets by establishing local manufacturing facilities and strengthening their distribution networks.
Key players in the Active Oxygens industry often engage in mergers and acquisitions to consolidate their market position, expand their product portfolio, and gain access to new markets.
In February 2020, Evonik Industries acquired PeroxyChem which was a leading manufacturer of hydrogen peroxide and peracetic acid.
Key Players in the Market
The net worth of the market is expected to be US$ 6.7 billion by 2033.
The market is calculated to expand at a CAGR of 5.5% through 2033.
The market expanded at a CAGR of 4.9% from 2018 to 2022.
Surging demand for high-performance cleaning technologies and sustainable aquaculture are elevating the market’s attractiveness.
India and China are bearing solid CAGRs for the forecast period.
1. Executive Summary 1.1. Global Market Outlook 1.2. Market Share Analysis 1.3. Demand Side Trends 1.4. Supply Side Trends 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Key Market Trends 3.1. Key Trends Impacting the Market 3.2. Innovation / Development Trends 4. Key Success Factors 4.1. Product Adoption / Usage Analysis 4.2. Product Innovation and Diversification 4.3. Marketing and Brand Management 4.4. Supply Chain Management 5. Global Market Demand Analysis 2018 to 2022 and Forecast, 2023 to 2033 5.1. Historical Market Volume (Tons) Analysis, 2018 to 2022 5.2. Current and Future Market Volume (Tons) Projections, 2023 to 2033 5.3. Y-o-Y Growth Trend Analysis 6. Global Market - Pricing Analysis 6.1. Regional Pricing Analysis By Product Type 6.2. Pricing Analysis by Regions 7. Global Market Demand (in Value or Size in US$ Billion) Analysis 2018 to 2022 and Forecast, 2023 to 2033 7.1. Historical Market Value (US$ Billion) Analysis, 2018 to 2022 7.2. Current and Future Market Value (US$ Billion) Projections, 2023 to 2033 7.2.1. Y-o-Y Growth Trend Analysis 7.2.2. Absolute $ Opportunity Analysis 8. Market Background 8.1. Macro-Economic Factors 8.2. Forecast Factors - Relevance and Impact 8.3. Supply-Demand Analysis 8.4. Value Chain 8.5. Production Process Overview 8.6. Market Dynamics 8.7. Impact of COVID – 19 Crisis 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type 9.1. Introduction / Key Findings 9.2. Historical Market Size (US$ Billion) and Volume Analysis By Product Type, 2018 to 2022 9.3. Current and Future Market Size (US$ Billion) and Volume Analysis and Forecast By Product Type, 2023 to 2033 9.3.1. Peroxides 9.3.2. Ozone 9.4. Market Attractiveness Analysis By Product Type 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End Use 10.1. Introduction / Key Findings 10.2. Historical Market Size (US$ Billion) and Volume Analysis By End Use, 2018 to 2022 10.3. Current and Future Market Size (US$ Billion) and Volume Analysis and Forecast By End Use, 2023 to 2033 10.3.1. Cleaning and Disinfection 10.3.2. Aseptic Packaging 10.3.3. Textile and Laundry 10.3.4. Aquaculture 10.3.5. Soil and Groundwater Remediation 10.3.6. Chemical Synthesis 10.3.7. Others 10.4. Market Attractiveness Analysis By End Use 11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region 11.1. Introduction 11.2. Historical Market Size (US$ Billion) and Volume Analysis By Region, 2018 to 2022 11.3. Current Market Size (US$ Billion) and Volume Analysis and Forecast By Region, 2023 to 2033 11.3.1. North America 11.3.2. Latin America 11.3.3. Western Europe 11.3.4. Eastern Europe 11.3.5. East Asia 11.3.6. South Asia and Pacific 11.3.7. Middle East and Africa 11.4. Market Attractiveness Analysis By Region 12. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033 12.1. Introduction 12.2. Pricing Analysis 12.3. Historical Market Size (US$ Billion) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022 12.4. Market Size (US$ Billion) and Volume Forecast By Market Taxonomy, 2023 to 2033 12.4.1. By Product Type 12.4.2. By End Use 12.4.3. By Country 12.4.3.1. U.S. 12.4.3.2. Canada 12.5. Market Attractiveness Analysis 12.5.1. Product Type 12.5.2. By End Use 12.5.3. By Country 12.6. Market Trends 12.7. Drivers and Restraints Impact Analysis 13. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033 13.1. Introduction 13.2. Pricing Analysis 13.3. Historical Market Size (US$ Billion) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022 13.4. Market Size (US$ Billion) and Volume Forecast By Market Taxonomy, 2023 to 2033 13.4.1. By Product Type 13.4.2. By End Use 13.4.3. By Country 13.4.3.1. Brazil 13.4.3.2. Mexico 13.4.3.3. Argentina 13.4.3.4. Rest of Latin America 13.5. Market Attractiveness Analysis 13.5.1. By Product Type 13.5.2. By End Use 13.5.3. By Country 13.6. Market Trends 13.7. Drivers and Restraints Impact Analysis 14. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033 14.1. Introduction 14.2. Pricing Analysis 14.3. Historical Market Size (US$ Billion) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022 14.4. Market Size (US$ Billion) and Volume Forecast By Market Taxonomy, 2023 to 2033 14.4.1. By Product Type 14.4.2. By End Use 14.4.3. By Country 14.4.3.1. Germany 14.4.3.2. Italy 14.4.3.3. France 14.4.3.4. U.K. 14.4.3.5. Spain 14.4.3.6. BENELUX 14.4.3.7. NORDICS 14.4.3.8. Rest of Western Europe 14.5. Market Attractiveness Analysis 14.5.1. By Product Type 14.5.2. By End Use 14.5.3. By Country 14.6. Market Trends 14.7. Drivers and Restraints Impact Analysis 15. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033 15.1. Introduction 15.2. Pricing Analysis 15.3. Historical Market Size (US$ Billion) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022 15.4. Market Size (US$ Billion) and Volume Forecast By Market Taxonomy, 2023 to 2033 15.4.1. By Product Type 15.4.2. By End Use 15.4.3. By Country 15.4.3.1. Poland 15.4.3.2. Hungary 15.4.3.3. Romania 15.4.3.4. Czech Republic 15.4.3.5. Rest of Eastern Europe 15.5. Market Attractiveness Analysis 15.5.1. By Product Type 15.5.2. By End Use 15.5.3. By Country 15.6. Market Trends 15.7. Drivers and Restraints Impact Analysis 16. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033 16.1. Introduction 16.2. Pricing Analysis 16.3. Historical Market Size (US$ Billion) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022 16.4. Market Size (US$ Billion) and Volume Forecast By Market Taxonomy, 2023 to 2033 16.4.1. By Product Type 16.4.2. By End Use 16.4.3. By Country 16.4.3.1. China 16.4.3.2. Japan 16.4.3.3. South Korea 16.5. Market Attractiveness Analysis 16.5.1. By Product Type 16.5.2. By End Use 16.5.3. By Country 16.6. Market Trends 16.7. Drivers and Restraints Impact Analysis 17. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033 17.1. Introduction 17.2. Pricing Analysis 17.3. Historical Market Size (US$ Billion) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022 17.4. Market Size (US$ Billion) and Volume Forecast By Market Taxonomy, 2023 to 2033 17.4.1. By Product Type 17.4.2. By End Use 17.4.3. By Country 17.4.3.1. India 17.4.3.2. Association of Southeast Asian Nations 17.4.3.3. Australia and New Zealand 17.4.3.4. Rest of South Asia and Pacific 17.5. Market Attractiveness Analysis 17.5.1. By Product Type 17.5.2. By End Use 17.5.3. By Country 17.6. Market Trends 17.7. Drivers and Restraints Impact Analysis 18. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033 18.1. Introduction 18.2. Pricing Analysis 18.3. Historical Market Size (US$ Billion) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022 18.4. Market Size (US$ Billion) and Volume Forecast By Market Taxonomy, 2023 to 2033 18.4.1. By Product Type 18.4.2. By End Use 18.4.3. By Country 18.4.3.1. Gulf Cooperation Council Countries 18.4.3.2. Türkiye 18.4.3.3. Northern Africa 18.4.3.4. South Africa 18.4.3.5. Rest of Middle East and Africa 18.5. Market Attractiveness Analysis 18.5.1. By Product Type 18.5.2. By End Use 18.5.3. By Country 18.6. Market Trends 18.7. Drivers and Restraints Impact Analysis 19. Key Countries Market Analysis 19.1. U.S. Market Analysis 19.1.1. By Product Type 19.1.2. By End Use 19.2. Canada Market Analysis 19.2.1. By Product Type 19.2.2. By End Use 19.3. Mexico Market Analysis 19.3.1. By Product Type 19.3.2. By End Use 19.4. Brazil Market Analysis 19.4.1. By Product Type 19.4.2. By End Use 19.5. Argentina Market Analysis 19.5.1. By Product Type 19.5.2. By End Use 19.6. Germany Market Analysis 19.6.1. By Product Type 19.6.2. By End Use 19.7. Italy Market Analysis 19.7.1. By Product Type 19.7.2. By End Use 19.8. France Market Analysis 19.8.1. By Product Type 19.8.2. By End Use 19.9. U.K. Market Analysis 19.9.1. By Product Type 19.9.2. By End Use 19.10. Spain Market Analysis 19.10.1. By Product Type 19.10.2. By End Use 19.11. BENELUX Market Analysis 19.11.1. By Product Type 19.11.2. By End Use 19.12. China Market Analysis 19.12.1. By Product Type 19.12.2. By End Use 19.13. Japan Market Analysis 19.13.1. By Product Type 19.13.2. By End Use 19.14. S. Korea Market Analysis 19.14.1. By Product Type 19.14.2. By End Use 19.15. India Market Analysis 19.15.1. By Product Type 19.15.2. By End Use 19.16. Association of Southeast Asian Nations Market Analysis 19.16.1. By Product Type 19.16.2. By End Use 19.17. Gulf Cooperation Council Countries Market Analysis 19.17.1. By Product Type 19.17.2. By End Use 19.18. Türkiye Market Analysis 19.18.1. By Product Type 19.18.2. By End Use 19.19. South Africa Market Analysis 19.19.1. By Product Type 19.19.2. By End Use 20. Market Structure Analysis 20.1. Market Analysis by Tier of Companies 20.2. Market Concentration 20.3. Market Share Analysis of Top Players 20.4. Production Capacity Estimates of Top Players 20.5. Market Presence Analysis 21. Competition Analysis 21.1. Competition Dashboard 21.2. Primary Survey Analysis 21.3. Competition Deep Dive 21.3.1. Evonik Industries 21.3.1.1. Overview 21.3.1.2. Product Portfolio 21.3.1.3. Key Financials 21.3.1.4. Sales Footprint 21.3.1.5. Strategy Overview 21.3.2. Bosch 21.3.2.1. Overview 21.3.2.2. Product Portfolio 21.3.2.3. Key Financials 21.3.2.4. Sales Footprint 21.3.2.5. Strategy Overview 21.3.3. Solvay SA 21.3.3.1. Overview 21.3.3.2. Product Portfolio 21.3.3.3. Key Financials 21.3.3.4. Sales Footprint 21.3.3.5. Strategy Overview 21.3.4. CTX Pro 21.3.4.1. Overview 21.3.4.2. Product Portfolio 21.3.4.3. Key Financials 21.3.4.4. Sales Footprint 21.3.4.5. Strategy Overview 21.3.5. Alfred Kärcher SE & Co. KG 21.3.5.1. Overview 21.3.5.2. Product Portfolio 21.3.5.3. Key Financials 21.3.5.4. Sales Footprint 21.3.5.5. Strategy Overview 21.3.6. AIRPURETEC Technologies 21.3.6.1. Overview 21.3.6.2. Product Portfolio 21.3.6.3. Key Financials 21.3.6.4. Sales Footprint 21.3.6.5. Strategy Overview 21.3.7. Arkema 21.3.7.1. Overview 21.3.7.2. Product Portfolio 21.3.7.3. Key Financials 21.3.7.4. Sales Footprint 21.3.7.5. Strategy Overview 21.3.8. Nouryon 21.3.8.1. Overview 21.3.8.2. Product Portfolio 21.3.8.3. Key Financials 21.3.8.4. Sales Footprint 21.3.8.5. Strategy Overview 21.3.9. Taekwang Industrial Co. 21.3.9.1. Overview 21.3.9.2. Product Portfolio 21.3.9.3. Key Financials 21.3.9.4. Sales Footprint 21.3.9.5. Strategy Overview 21.3.10. NOF Corporation 21.3.10.1. Overview 21.3.10.2. Product Portfolio 21.3.10.3. Key Financials 21.3.10.4. Sales Footprint 21.3.10.5. Strategy Overview 21.3.11. Pergan GmbH 21.3.11.1. Overview 21.3.11.2. Product Portfolio 21.3.11.3. Key Financials 21.3.11.4. Sales Footprint 21.3.11.5. Strategy Overview 21.3.12. United Inhibitors 21.3.12.1. Overview 21.3.12.2. Product Portfolio 21.3.12.3. Key Financials 21.3.12.4. Sales Footprint 21.3.12.5. Strategy Overview 22. Assumptions and Acronyms Used 23. Research Methodology
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Active Oxygens Market
