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The Indonesia oxygen market size reached approximately USD 603.11 million in 2023. The market is estimated to grow at a CAGR of 7.2% in the forecast period of 2024-2032, reaching a value of around USD 1,132.06 million by 2032.
Oxygen is a colourless, odourless, and tasteless chemical element which is essential for the survival of most living beings. It plays an essential role in several sectors such as aerospace, metal, mining, chemical, and industrial, among others.
Based on form, the market is divided into gas and liquid. The Indonesia oxygen market segmentation, on the basis of type, includes industrial and medical.
Based on application, the market is categorised into metals and mining, chemical industry, oil and gas, healthcare, and pharmaceutical, among others. The major regional markets of oxygen in Indonesia include the Capital Area (Jakarta), the Northeast Coast of Sumatra, Southern Ports, the Northern Shores of Java, and the Western End of Surabaya.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Indonesia oxygen market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Liquid oxygen occupies a significant portion of the Indonesia oxygen market share, owing to its growing usage for several industrial purposes. It is utilised in liquid oxygen therapy to provide patients in critical need with oxygen. It also finds usage in steel production plants to enhance the combustion temperature during the manufacturing of steel.
Additionally, the gas form of oxygen is expected to gain sizeable growth in the foreseeable future, owing to its usage in conjunction with other fuel gases for metal cutting, welding, and melting purposes, among others.
As per the Indonesia oxygen market analysis, industrial oxygen accounts for a substantial share of the country’s market share, as it is utilised to manufacture a large number of compounds. Increased implementation of liquid oxygen as an oxidiser in rocket propellent, coupled with its usage in the mining sector for recovery of metals, also offers lucrative market growth opportunities.
Meanwhile, medical oxygen is expected to witness robust growth in the coming years, due to its growing applications in surgery and treatment of asthma, pneumonia, and heart failure, among others.
PT Samator Indo Gas Tbk, incorporated in 1916, is an industrial gas company, with its headquarters in DKI Jakarta, Indonesia. The company mainly offers electronic gases, industrial gases, refrigerant gases, synthetic gases, and speciality gases, among others.
PT. Linde Indonesia is a multinational chemical company, established in 1971 and headquartered in Indonesia. The company’s services include the distribution of industrial and medical gases and the installation of gas equipment, among others.
PT Air Liquide Indonesia, founded in 1993, is a major supplier of industrial gases, based in Paris, France. The company aims to promote sustainability by reducing carbon emissions during its operational activities.
Other Indonesia oxygen market players include PT. Indonesia Air Water, and Air Products and Chemicals, Inc., among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Form |
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Breakup by Type |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Indonesia Oxygen Market Overview
8.1 Key Industry Highlights
8.2 Indonesia Oxygen Historical Market (2018-2023)
8.3 Indonesia Oxygen Market Forecast (2024-2032)
9 Indonesia Oxygen Market by Form
9.1 Gas
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Liquid
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Indonesia Oxygen Market by Type
10.1 Industrial
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Medical
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 Indonesia Oxygen Market by Application
11.1 Metals and Mining
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Chemical Industry
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Oil And Gas
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Healthcare
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Pharmaceutical
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Indonesia Oxygen Market by Region
12.1 Capital Area (Jakarta)
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Northeast Coast of Sumatra
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Southern Ports
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Northern Shores of Java
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Western End of Surabaya
12.5.1 Historical Trend (2018-2023)
12.5.2 Forecast Trend (2024-2032)
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Trade Data Analysis (HS Code – 280440)
14.1 Major Importing Countries
14.1.1 By Volume
14.1.2 By Value
14.2 Major Exporting Countries
14.2.1 By Volume
14.2.2 By Value
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 PT Samator Indo Gas Tbk
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 PT. Linde Indonesia
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 PT Air Liquide Indonesia
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 PT. Indonesia Air Water
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Air Products and Chemicals, Inc.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Indonesia Oxygen Market: Key Industry Highlights, 2018 and 2032
2. Indonesia Oxygen Historical Market: Breakup by Form (USD Million), 2018-2023
3. Indonesia Oxygen Market Forecast: Breakup by Form (USD Million), 2024-2032
4. Indonesia Oxygen Historical Market: Breakup by Type (USD Million), 2018-2023
5. Indonesia Oxygen Market Forecast: Breakup by Type (USD Million), 2024-2032
6. Indonesia Oxygen Historical Market: Breakup by Battery Type (USD Million), 2018-2023
7. Indonesia Oxygen Market Forecast: Breakup by Battery Type (USD Million), 2024-2032
8. Indonesia Oxygen Historical Market: Breakup by Region (USD Million), 2018-2023
9. Indonesia Oxygen Market Forecast: Breakup by Region (USD Million), 2024-2032
10. Major Exporting Countries by Value
11. Major Importing Countries by Value
12. Major Exporting Countries by Volume
13. Major Importing Countries by Volume
14. Indonesia Oxygen Market Structure
In 2023, the market reached an approximate value of USD 603.11 million.
The market is projected to grow at a CAGR of 7.2% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032, reaching a value of around USD 1,132.06 million by 2032.
The major market drivers are the growing usage of oxygen in the production of steel and the rising demand for oxygen in healthcare and medical applications.
The key trends of the market include the growing usage of oxygen in the mining sector and the advent of IoT-enabled devices for the real-time data collection and monitoring of medical oxygen equipment.
The major regions in the market are the Capital Area (Jakarta), the Northeast Coast of Sumatra, the Southern Ports, the Northern Shores of Java, and the Western End of Surabaya.
Different forms are gas and liquid.
The key players in the market are PT Samator Indo Gas Tbk, PT. Linde Indonesia, PT Air Liquide Indonesia, PT. Indonesia Air Water, and Air Products and Chemicals, Inc., among others.
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