Selbyville, Delaware, United States, November 4 2020 (Wiredrelease) Global Market Insights, Inc –:The rising popularity of active packaging, food & beverage and pharmaceutical sectors are likely to offer major scope for oxygen scavengers market penetration. Risk of oxygen scavenging sachets getting ruptured and accidental ingestion of the materials with food may affect product popularity. Also, some of the oxygen absorbers utilized for boiler feed treatment are harmful, which may hamper product consumption for these products in the coming years.
In industrial boilers, keeping up the optimum boiler efficiency is of utmost importance. Oxygen dissolved in feed water leads to damaging of boiler components and unnecessary breakdowns. If unchecked, oxygen also causes pitting of metal, resulting in rust formation. To maintain desired operational efficiency. Utilization of oxygen scavengers along with deaerators becomes necessary.
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Rapid industrialization as well as expansion of manufacturing sector has facilitated the growth of boiler industry and the demand in the oxygen scavengers market. Industrial manufacturers are opting for the product in an effort to reduce repair & maintenance costs and enhancing productivity. Scavengers in canisters, bottle caps & labels and sachet forms are poised to showcase consistent growth rate over the analysis period.
Ease of usability and superior oxygen reducing performance offered by the product will result in major consumption of oxygen scavenging sachet & labels. Organic oxygen scavengers market is expected to hold over 35% of the overall market share by 2025. Shifting trends towards organic materials will boost product adoption in the coming years. Powder form segment is projected to generate revenue of more than USD 800 million by 2025 on account of wide range of product application for water treatment in boiler industry.
Increasing usage to remove oxygen from industrial boilers will drive oxygen scavengers market trends as well. Maintaining optimum boiler efficiency is very crucial for the industries leveraging the hot water and steam for different processes. If feed water consists of dissolved oxygen it can creates serious issues by damaging boiler components leading toward boiler breakdowns. Consistent exposure to oxygen causes rusting of metal, deteriorating the component quality and life.
Incorporation of oxygen scavengers effectively removes the dissolved oxygen in the water and thus helps to maintain desired operational efficiency throughout the industrial processes. Growing emphasis on reducing repair & maintenance costs by taking essential precautionary measures has become a standard among the industries. Robust industrialization along with significant increase in the number of manufacturing units will facilitate the adoption of boilers, further boosting oxygen scavengers market.
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