High-purity oxygen has a wide range of applications and market demand continues to increase
High-purity oxygen refers to oxygen with a purity of 99.999% or above. Its appearance is a colorless, odorless and tasteless gas, and its molecular formula is O2. High-purity oxygen is mainly prepared by low-temperature distillation. This production process is mature and has the advantages of low production cost and high product purity, and is suitable for large-scale industrial production. High-purity oxygen is one of the important basic raw materials of modern industry. In recent years, with the high-quality development of pharmaceutical, electronics, metallurgy and other industries, the market demand for high-purity oxygen has been continuously released.
According to the “2021-2026 China High Purity Oxygen Industry Market In-depth Research and Development Prospects Forecast Report released by the Industrial Research Center, From 2016 to 2019, my country’s high-purity oxygen market maintained a stable growth trend, with an average annual compound growth rate of more than 7.2%. In 2020, affected by the COVID-19 epidemic, factory operating rates were low and the growth rate of high-purity oxygen market demand slowed, resulting in a decline in industry scale. In 2020, my country’s high-purity oxygen market reached 5.84 billion yuan. With the steady and positive development of the domestic economy, the high-purity oxygen market will further grow and is expected to reach 10 billion yuan in 2026.
As one of the commonly used high-purity gases, high-purity oxygen has a wide range of applications. In the field of metallurgy, high-purity oxygen helps to remove impurities such as sulfur, phosphorus, silicon, and carbon. It can not only shorten metal smelting time, but also improve smelting products. Quality; in the chemical industry, high-purity oxygen is mainly used for the oxidation of raw gas, gasification of pulverized coal, high-temperature cracking of heavy oil, etc.; in the electronic field, high-purity oxygen can be mixed with carbon tetrafluoride for plasma etching. In addition, high-purity oxygen is also widely used in medical, aerospace, water quality treatment and other fields.
High-purity oxygen supports combustion, and it is strictly prohibited to approach fireworks and flammable materials. High-purity oxygen is generally transported in high-purity oxygen cylinders. High-purity oxygen cylinders have high pressure and can easily cause explosions if they are dumped or hit during transportation and handling. Affected by this, the transportation radius of high-purity oxygen is short, and its sales are mostly centered around the production bases of downstream industries. Therefore, the sales area of high-purity oxygen is relatively concentrated. High-purity oxygen sales models can be divided into two types: self-built gas supply devices and outsourced gas supply, among which outsourced gas supply is the mainstream sales model.
The high-purity oxygen purification process is complex, the industry has high entry barriers, and the market is relatively concentrated. In the international market, high-purity oxygen suppliers mainly include German company Linde, Air Liquide Group, Air Product, Messer Group, etc. In the domestic market, in addition to international large-scale high-purity oxygen suppliers, local high-purity oxygen production companies include Hangzhou Oxygen Co., Ltd., Walter Gas, Sichuan Qiaoyuan Gas, etc.
Industry analysts said that high-purity oxygen is one of the basic raw materials of modern industry and has a wide range of downstream applications. In recent years, with the The industry is upgrading towards high quality, and the market demand for high-purity oxygen is continuously released. The purification process of high-purity oxygen is complex. In the international market, most high-purity oxygen suppliers are large-scale industrial gas companies around the world. They have advantages in technology, channels, brands, quality, etc. In contrast, my country’s high-purity oxygen production companies have room for improvement. broad.