Press Release

Canada Liquid Oxygen Market to be Dominated by Medical Segment Through 2028

Increasing environmental regulations and commitments in the country to drive the Canada Liquid Oxygen Market.

According to TechSci Research report, “Canada Liquid Oxygen Market - By Region, Competition Forecast and Opportunities, 2018-2028," the Canada Liquid Oxygen Market is anticipated to grow at an impressive rate in the forecast period, 2024-2028. The Canada Liquid Oxygen market is expected to grow impressively through 2028 due to increasing demand from the healthcare sector. Liquid oxygen (LOX) is a pale blue, highly reactive substance obtained by cooling and compressing gaseous oxygen to extremely low temperatures. It has a boiling point of -183 degrees Celsius (-297 degrees Fahrenheit) and becomes a pale blue liquid at atmospheric pressure. Below its boiling point, it remains in a liquid state. Liquid oxygen is a fascinating substance that holds immense potential in various industries, from space exploration and healthcare to metallurgy and propulsion systems. As the liquid form of oxygen, it offers unique properties and characteristics that make it indispensable in many scientific, industrial, and medical applications.

Liquid oxygen is utilized in various metallurgical processes, including the production of steel. By injecting liquid oxygen into furnaces, it enhances combustion and facilitates the removal of impurities from molten metals. Additionally, in welding applications, LOX is used to create an oxygen-rich environment, enabling the efficient melting and bonding of metals.

The metallurgical industry in Canada relies on liquid oxygen for various processes, including steel production and welding. Liquid oxygen enhances combustion in blast furnaces and oxygen converters, facilitating the removal of impurities from molten metals. As the demand for steel and other metal products increases, the need for liquid oxygen in metallurgical applications is expected to grow.

The liquid oxygen market, like any industry, must address sustainability and environmental concerns. The production and transportation of liquid oxygen can have environmental impacts, such as greenhouse gas emissions and energy consumption. To overcome this challenge, a shift towards sustainable practices, including the use of renewable energy sources and adopting efficient production and distribution methods, is necessary. Emphasizing environmental responsibility and promoting eco-friendly initiatives will contribute to the long-term viability and growth of the liquid oxygen market.

Sustainable practices and environmental concerns have become significant considerations in the Canadian liquid oxygen market. Efforts to reduce the carbon footprint and promote eco-friendly solutions have gained traction. Companies are increasingly adopting energy-efficient technologies and exploring renewable energy sources for oxygen production. Additionally, there has been an emphasis on utilizing liquid oxygen in environmental applications, such as water treatment and soil remediation, contributing to improved sustainability.

Partnerships and collaborations have played a vital role in the recent developments in the Canadian liquid oxygen market. Collaboration between industry stakeholders, research institutions, and government agencies has led to innovation and the development of advanced oxygen technologies. These partnerships have also facilitated knowledge exchange, research funding, and joint ventures, furthering the growth and expansion of the liquid oxygen market.

Handling and transportation of liquid oxygen requires strict adherence to safety regulations due to its cryogenic and highly reactive nature. Compliance with safety protocols and standards is essential to mitigate the risks associated with storing and using liquid oxygen. However, keeping up with evolving safety regulations and ensuring compliance can pose significant challenges. Continuous training and education programs for industry professionals, effective communication of safety guidelines, and regular audits and inspections can help address these challenges and maintain a safe operating environment.


Browse over XX market data Figures spread through 78 Pages and an in-depth TOC on "
Canada Liquid Oxygen Market"


Canada Liquid Oxygen Market is segmented based on Type, End User, Region and Competitive Landscape.

Based on Type, the market is divided into vertical storage tanks and horizontal storage tanks. Vertical Storage Tanks segment is expected to hold the largest market share in the forecast period.

Based on End User, the market is divided into Aerospace, Submarine, Gas Industries, Medical and Others. Medical segment is expected to hold the largest market share in the forecast period.

Major companies operating in Canada Liquid Oxygen Market are:

  • Air Liquide Canada
  • Linde Canada
  • Air Products Canada
  • Messer Canada
  • Matheson Canada
  • nexAir Canada
  • Amico Corporation
  • CanGas Solutions
  • Cryogenics Group


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“The Canadian liquid oxygen market has experienced significant developments in the past few years, driven by technological advancements, increased demand in healthcare and aerospace, sustainability initiatives, regulatory changes, and collaborations. These developments have expanded the applications of liquid oxygen across various sectors, including healthcare, aerospace, and environmental applications. The continuous progress and innovation in the liquid oxygen market in Canada position it as a vital component in supporting critical industries and promoting sustainable practices. With ongoing advancements and collaborations, the future of the Canada liquid oxygen market looks promising, poised for further growth and development," said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

Canada Liquid Oxygen Market By Type (Vertical Storage Tank, Horizontal Storage Tank), By End User (Aerospace, Submarine, Gas Industries, Medical and Others), By Region, Competition Forecast & Opportunities, 2028F,has evaluated the future growth potential of Canada Liquid Oxygen Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Canada Liquid Oxygen Market.


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