Known as oxygen absorber, is primarily Used to reduce or eliminate oxygen from several kinds of bundles and feed water of boiler systems. It prevents deteriorative reactions brought on by availability of oxygen, thereby improving operational capacity of various products and procedures. Oxygen scavengers specifically employed for packaging software fall under the category of active packaging. This sort of packaging is often utilized in food and beverage and pharmaceutical sectors, and it reacts to changes happening in the surrounding atmosphere. The product will help to minimize negative effects of oxygen, while increasing the shelf life of packed products. In boilers, it is used along with deaerators to remove residual oxygen content and inhibit corrosion. Furthermore, they are used in oil and gas production, preservation of artworks and solderability of electronic components, etc.
The oxygen scavengers market growth could be affected by negative Consumer perceptions concerning oxygen scavengers in the kind of sachets. Consumers in North America generally don’t favor sachets in food packaging as these sachets are vulnerable to accidental rupture and receiving mixed with food substances. This could potentially slowdown the sachet market increase in the upcoming few years. According to makeup, the oxygen scavengers’ market is segmented into organic and inorganic products. Among both of these sections, inorganic oxygen scavengers are used at a large scale when compared with organic scavengers, and this section captured more than USD 950 million in 2018. Below this segment, iron established scavengers are largely preferred for packaging software, whereas sodium sulfite and bisulfites and hydrazine hydrate are used for boiler feed water treatment procedures.
Organic oxygen scavengers’ market will grow at a CAGR close to 5 percent by 2025. They have limited range of programs, but exhibit positive outlook owing to constant research and development tasks. Salts made from ascorbic acid and catechol for packaging and carbohydrazide, diethyl hydroxylamine, hydroquinone, erythrobate salts, etc. for water treatment in industrial boilers fall under this category. According to kind, the oxygen absorber market is categorized into Sachets/canisters/bottle caps and labels, OS movies and PET bottles, liquid form and powder form. Sachets/canisters/bottle caps and labels segment registered a substantial market share in terms of volume to the year 2018. They are commonly used due to easy availability and low price. The oxygen scavenging rate of sachets and labels is a lot quicker than the oxygen scavenging material directly integrated into packaging. Liquid form of oxygen absorbers will grow at a CAGR greater than 4 percent over the forecast period.