Bulk Oxygen Prices December 2023
Product
|
Category |
Region |
Price |
Bulk Oxygen |
Bulk Chemical and Fertilizer |
USA |
221 USD/MT |
Bulk Oxygen |
Bulk Chemical and Fertilizer |
China |
338 USD/MT |
In the fourth quarter of 2023, the price of the bulk oxygen in the United States reached 221 USD/MT by December. Similarly, in China, the bulk oxygen prices hit 338 USD/MT in the same month.
Bulk Oxygen Price Trend, Market Analysis, and News
IMARC's latest publication, “Bulk Oxygen Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” presents a detailed examination of the bulk oxygen market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of bulk oxygen at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents a detailed bulk oxygen price trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting bulk oxygen pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.
Bulk Oxygen Market Analysis
The global bulk oxygen market size reached US$ 31.4 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 54 Billion, at a projected CAGR of 6.2% during 2023-2032.
- As per the World Health Organization (WHO) report of 2024, asthma affected an estimated 262 million people in 2019. The rising prevalence of respiratory diseases like asthma is driving the demand for bulk oxygen to provide a reliable and continuous supply of medical oxygen for hospitals, clinics, and emergency services, supporting patient care and treatment.
- The bulk oxygen demand is further amplified by its utilization in various industries, such as metal fabrication, chemical manufacturing, water treatment, and aerospace for applications like welding, steelmaking, oxidation reactions, and wastewater treatment.
- Ongoing advancements in oxygen production, storage, and distribution technologies enhance the efficiency, safety, and reliability of bulk oxygen systems. Innovations in cryogenic distillation, membrane separation, and on-site generation technologies are contributing to the growth of the market by offering cost-effective and sustainable solutions.
- The growing shifts towards cleaner and more sustainable energy sources is catalyzing the demand for hydrogen, which often requires bulk oxygen for production, refining, and transportation. Investments in hydrogen infrastructure and renewable energy integration results in the rising the need for bulk oxygen in hydrogen-related applications.
- In addition, rapid urbanization and infrastructure development projects, particularly in emerging countries are creating a demand for bulk oxygen in construction, manufacturing, and water treatment applications. As cities are expanding and industrial activities are intensifying, the need for bulk oxygen to support construction projects, industrial processes, and municipal services is growing.
- The growing importance of emergency preparedness and disaster response capabilities is rising the adoption of bulk oxygen systems in crisis situations such as natural disasters, pandemics, and medical emergencies. Governing agencies, healthcare organizations, and emergency services invest in bulk oxygen infrastructure to ensure readiness and resilience in emergency scenarios.
- Increasing investments in healthcare expenditure is supporting the expansion of bulk oxygen infrastructure to meet the growing demand for medical oxygen. The Centers for Medicare & Medicaid Services report 2023 shows that the health spending share of GDP is forecasted to grow from 18. 3% in 2021 to 19. 6% in 2031.
Bulk Oxygen News
The report covers the latest developments, updates, and trends impacting the price of bulk oxygen, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, technological innovations, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the bulk oxygen price trend.
Latest developments in the bulk oxygen industry:
- In 2024, Linde announced it has signed a long-term agreement with H2 Green Steel for the supply of industrial gases to the world’s first large-scale green steel production plant.
Product Description
Bulk oxygen relates to oxygen gas in massive proportions, which is stored or transported in tanks or cylinders. It can deliver a constant and a stable amount of oxygen supply ensuring uninterrupted operations in critical applications. It helps in reducing cylinder re-filling or replacement frequently, thus saving time and efforts of maintenance staffs. In addition, it is employed in hospitals to provide medical oxygen for therapeutic interventions, critical care, operations and surgeries. Bulk oxygen is also utilized for applications like rocket propulsion and space vehicle life support systems. It is also used in water treatment plant for oxidation, disinfection and biological treatment processes. It assists in purifying water for domestic use, treatment of sewage, and effluents from industries by methods such as ozonation and biological aeration.
Regional Coverage
The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing the bulk oxygen price trend.
Global Bulk Oxygen Price
The report offers a holistic view of the global bulk oxygen pricing trends in the form of bulk oxygen price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price levels but also provides insights into historical price of bulk oxygen, enabling stakeholders to understand past fluctuations and their underlying causes. The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed bulk oxygen demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.
Europe Bulk Oxygen Price
European bulk 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.
Detailed price information for bulk oxygen can also be provided for an extensive list of European 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 Bulk Oxygen Price
The analysis of bulk oxygen prices in North America delves into the regional industry dynamics, encompassing the impact of local production and the trade flows between North America and other significant global markets.
Specific bulk oxygen historical data within the United States and Canada can also be provided.
Region |
Countries Covered |
North America |
United States and Canada |
Middle East and Africa Bulk Oxygen Price
The report explores the bulk oxygen pricing trends in the Middle East and Africa, considering factors like the availability of natural resources, and geopolitical tensions that uniquely influence market prices.
Region-wise data and information on specific countries within these regions 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 Bulk Oxygen Price
The bulk oxygen pricing trends in the Asia Pacific are examined, reflecting the role of the region as a major global producer and consumer of agricultural products, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.
This bulk oxygen price analysis can be expanded to include 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 Bulk Oxygen Price
The analysis of bulk oxygen prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, agricultural output, and trade frameworks.
This comprehensive review can be extended to include specific countries within Latin America.
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 |
Bulk Oxygen |
Report Features |
Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Bulk Oxygen 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
- 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 bulk oxygen pricing, covering global and regional trends, spot prices at key ports, and a breakdown of FOB and CIF prices.
- The study examines factors affecting bulk oxygen price trend, including input costs, supply-demand shifts, and geopolitical impacts, 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. The bulk oxygen price charts ensure our clients remain at the forefront of the industry.