The Global Bottled Air Market size is projected to grow at a CAGR of 5.8% during the forecast period. The market is expected to reach $X billion by 2028 from $193 million in 2018. In terms of volume, the global bottled air market was valued at 825-kilo tons in 2018 and it will grow at a CAGR of 4.6% by 2028.
Bottled air is a very rare type of commodity that can be purchased in small cylinders. It's mostly used for medical purposes, to help people with breathing problems or who have asthma. Generally, this kind of gas is mixed with oxygen which makes it much more useful for medicinal applications because the body needs both gases to function properly. The other reason why is it used medically is its property of being able to prevent carbon dioxide build-up.
On the basis of Type, the global bottled air market is segmented into carbon dioxide, oxygen, helium, and others.
Carbon dioxide, also known as CO₂, is a gas that is present in the Earth's atmosphere. It is made up of one carbon atom and two oxygen atoms. When it is used to create bottled air, it can help improve the quality of the air we breathe. Carbon dioxide helps to increase the amount of oxygen in the air, which can be beneficial for people with respiratory problems. Additionally, it can help to increase the humidity level in a room, which can be helpful for people who suffer from allergies or asthma. Carbon dioxide is also known to kill bacteria and viruses, making it a great choice for bottled air.
Bottled oxygen is a product that is used to provide supplemental oxygen to patients who are unable to get enough from the air. It can also be used in conjunction with other medical treatments, such as hyperbaric oxygen therapy. Bottled oxygen can be administered through a nasal cannula or mask. It comes in different concentrations, depending on the patient's needs. The use of bottled oxygen has grown in recent years, as more people are becoming aware of its benefits. It is used to treat a variety of conditions, including: Chronic obstructive pulmonary disease (COPD), Atherosclerosis, Heart failure, Diabetic foot ulcers, Aerotitis media, Immune system deficiencies.
Helium is a colorless, odorless, and tasteless gas. Helium exists as nebulae in outer space due to its low boiling point of -270 degrees Celsius. It's the second lightest element after hydrogen with atomic number two which gives rise to lighter-than-air balloons. The main source for this product is gas wells and mines. The use of helium is not just for balloons. It has a host of other applications, which include: Transporting goods in a pressurized container to avoid spoilage or contamination. This method is often used in the food and beverage industry. Helium can also be used as part of an inert gas mixture to prevent the oxidation of titanium or zirconium. This is especially important in the nuclear industry, where helium can prevent corrosion on pipes for carrying fuel rods. Liquid helium is used to cool superconducting magnets and equipment needed at the outermost part of space exploration. It also has various uses in medicine such as cooling infrared detectors, MRI machines that are cooled with helium. The inert gas carbon dioxide is used to maintain a high level of safety in cryogenic laboratories and oil refineries, where it acts as an insulating gas that prevents the formation of explosive mixtures when working under normal temperature levels.
On the basis of Application, the global bottled air market is segmented into medical and healthcare sector, industrial sector, and others.
The medical and healthcare sector is one of the most promising application segments for bottled air. The use of bottled air in this sector can be attributed to its ability to improve indoor air quality, which is a critical factor in maintaining the health of patients and staff. In addition, hospitals are increasingly using bottled nitrogen as a sterilant to kill bacteria and other microorganisms. Some of the other key applications for bottled air in the medical and healthcare sector include respiratory therapy, anesthesia delivery, and cooling patients. In addition, bottled air is also used to increase the oxygen content of blood or other fluids during transfusions. Bottled nitrogen is also being increasingly used in cryotherapy to treat conditions such as tennis elbow, carpal tunnel syndrome, and osteoarthritis.
Industrial applications of bottled air include food and beverage processing, metal production, chemical production, oil refining, and other industrial processes. In some cases, ambient air is not clean or safe enough for certain industrial processes. Bottled air can be used to replace contaminated or polluted air in an industrial setting. It can also be used to create a specific atmosphere for a process, such as a low-oxygen environment. Some industrial users of bottled air also use it to protect workers from harmful gases or fumes.
On the basis of Region, the global bottled air market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is expected to be the dominant market for bottled air in 2021. The growth of the medical and healthcare sector is driving the demand for bottled air in this region. The Asia Pacific is projected to be the fastest-growing market during the forecast period. China and India are expected to be the key markets for bottled air in this region. In addition, growing industrialization and urbanization are other major factors contributing to the growth of this regional market. Among these, Europe held the major share of the global bottled air market in 2017 and is expected to retain its dominance throughout the forecast period. The growth can be attributed mainly to stringent regulations for the generation, transportation, storage, and usage of compressed gases from various countries such as Germany.
The market is driven by the growing awareness about the life-threatening effects of air pollution. The increasing number of deaths from respiratory diseases has also been a major factor driving this market. In addition, the rising demand for bottled air as an eco-friendly and convenient medium to inhale oxygen at regular intervals during travel or workplace activities will drive the market in the forecast period. The growing number of hospitals and medical centers will propel this market during the next few years. The increasing geriatric population has led to an increase in healthcare expenditure which is a major driver for this market. In addition, people are willing to pay more for bottled air products due to their safety profile compared with compressed air cylinders.
Up Market Research published a new report titled “Bottled Air Market research report which is segmented by Types (Nitrogen, Oxygen, Carbon Dioxide, Helium, Others), By Applications (Medical and Healthcare Sector, Industrial Sector, Others), By Players/Companies Air Liquide (France), Air Products & Chemicals (US), Linde (Germany), Praxair (US), Taiyo Nippon Sanso Corporation (Japan), Airgas (US), Messer Group (Germany), Cryotec Anlagenbau (Germany), Gulf Cryo (Bahrain), AIR WATER (Japan)”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | Bottled Air Market Research Report |
By Type | Nitrogen, Oxygen, Carbon Dioxide, Helium, Others |
By Application | Medical and Healthcare Sector, Industrial Sector, Others |
By Companies | Air Liquide (France), Air Products & Chemicals (US), Linde (Germany), Praxair (US), Taiyo Nippon Sanso Corporation (Japan), Airgas (US), Messer Group (Germany), Cryotec Anlagenbau (Germany), Gulf Cryo (Bahrain), AIR WATER (Japan) |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 229 |
Number of Tables & Figures | 161 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Nitrogen, Oxygen, Carbon Dioxide, Helium, Others and By Application Medical and Healthcare Sector, Industrial Sector, Others.
Some of the companies that are profiled in this report are:
Bottled Air Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Bottled Air Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
Reasons to Purchase the Bottled Air Market Report:
Some other reports from this category!