Oxygen scavengers or oxygen absorbers are added to enclosed packaging to help remove or decrease the level of oxygen in the package. Metallic and Non-metallic are the base classification, which represent 57.4% and 42.6% of global Activated Oxygen Scavenger market.
Food & Beverage, Pharmaceuticals, Oil & Gas, Industrial Equipment are the main application of Activated Oxygen Scavenger product and Europe is the largest Activated Oxygen Scavenger market on production and consumption.
In the context of China-US trade war and COVID-19 epidemic, it will have a big influence on this market. Global Activated Oxygen Scavenger market is projected to reach $ 2100 million by 2023, with a GAGR of 3% from 2019, and Asia will have a big dynamic momentum on the market growth. The major players in the global Activated Oxygen Scavenger market are Mitsubishi Gas Chemical Company, Kurita, DOW, Baker Hughes(GE), Ecolab Inc, Innospec Inc, BASF, Arkema Group, Henkel, Clariant, Kemira etc.
Read Full Report: http://www.gosreports.com/global-activated-oxygen-scavenger-market-research-report-2019-2023/
Joanna | Executive – International Business and partner Relations
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