Metallic Oxygen Scavengers Market Outlook 2028 | Key Drivers | Trends | Growth Opportunities


Ecolab Inc., Clariant International Ltd., Kemira OYJ, Arkema Group etc., are some of the major key players.

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Metallic Oxygen Scavengers Market Value and CAGR

The Metallic Oxygen Scavengers Market refers to the industry that produces and supplies metallic-based materials used for oxygen scavenging applications. Oxygen scavengers are substances or compounds that react with and remove oxygen from the surrounding environment, preventing oxidation or degradation of sensitive products.

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In various industries such as food and beverages, pharmaceuticals, packaging, and electronics, the presence of oxygen can cause deterioration, spoilage, or reduced shelf life of products. Metallic oxygen scavengers are designed to address this issue by absorbing or reacting with oxygen molecules, thereby extending the quality and lifespan of the products.

Metallic oxygen scavengers typically contain a metal catalyst, such as iron, which facilitates the oxygen removal process. These scavengers are available in various forms, including powder, pellets, sachets, or incorporated into packaging materials. They are often used in packaging for food products, where the elimination of oxygen helps maintain freshness, prevent microbial growth, and inhibit the oxidation of sensitive components.

The metallic oxygen scavengers market caters to a wide range of industries that require oxygen protection for their products. The market includes manufacturers, suppliers, distributors, and end-users who utilize these scavengers in their production processes or packaging solutions.

 

Metallic Oxygen Scavengers Market Growth Drivers and Risks

Metallic Oxygen Scavengers Market Growth Drivers:

  • Increasing Demand for Extended Shelf Life: As consumers seek products with longer shelf life and better quality, the demand for metallic oxygen scavengers has grown. These scavengers help preserve the freshness and integrity of various products, including food, pharmaceuticals, and electronics, thereby extending their shelf life.
  • Food Waste Reduction Initiatives: Rising awareness about food waste and the need for sustainable packaging solutions have driven the adoption of metallic oxygen scavengers. By preventing oxidation and spoilage, these scavengers help reduce food waste, contributing to environmental sustainability.
  • Stringent Regulations: Regulatory bodies across industries have imposed stricter guidelines and standards to ensure product quality and safety. Compliance with these regulations necessitates the use of oxygen scavengers to protect products from degradation, contamination, or spoilage, thereby driving the market growth.

 

Metallic Oxygen Scavengers Market Risks

  • Health and Environmental Concerns: Some metallic oxygen scavengers contain potentially hazardous materials. There may be concerns regarding their impact on human health and the environment, leading to stricter regulations or consumer skepticism.
  • Cost and Availability of Raw Materials: The cost and availability of raw materials used in metallic oxygen scavengers can impact market growth. Fluctuations in metal prices or the limited availability of certain metals may affect the production and pricing of these scavengers.
  • Technological Limitations: While metallic oxygen scavengers have undergone advancements, there may still be limitations in terms of their efficiency, compatibility with various packaging materials, or suitability for specific product applications. Overcoming these limitations is essential for sustained market growth.

 

Metallic Oxygen Scavengers Market Keyplayers

By Company

  • Mitsubishi Gas Chemical Company, Inc.
  • BASF SE
  • Ecolab Inc.
  • Clariant International Ltd.
  • Kemira OYJ
  • Arkema Group

 

Metallic Oxygen Scavengers Market Segmentations

Segment by Type

  • Copper
  • Nickel
  • Titanium Dioxide
  • Others

Segment by Application

  • Food & Beverage
  • Pharmaceutical
  • Oil & Gas
  • Pulp & Paper
  • Others

 

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Published in

Technology

Published on

Jul 13, 2023

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