North America Oxygen Plant Market (2025-2031) | Trends, Companies, Industry, Revenue, Share, Analysis, Outlook, Forecast, Value, Size & Growth

North America Oxygen Plant Market Size & Growth Rate

According to 6Wresearch internal database and industry insights, the North America Oxygen Plant Market Size was valued at USD 4 billion in 2024 and is projected to reach USD 6.8 billion by 2031, registering a compound annual growth rate (CAGR) of 9.1% during the forecast period (2025-2031).

North America Oxygen Plant Market Highlights

Topics Covered in the North America Oxygen Plant Market Report

The North America Oxygen Plant Market report thoroughly covers the market by type, application, end-user, and countries. The report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high-growth areas, and drivers that would help stakeholders devise and align their market strategies with the evolving dynamics.

North America Oxygen Plant Market Synopsis

North America Oxygen Plant Market is one of the prominent industries, supported by the surging demand for medical oxygen, strong industrial growth, and government-backed initiatives for energy-efficient and sustainable oxygen production technologies. Healthcare infrastructure modernization in the United States and Canada has significantly increased oxygen demand across hospitals, trauma centers, and homecare facilities. Industrial sectors such as mining, petrochemicals, and automotive manufacturing are also relying on oxygen plants for high-purity gas supplies. 

North America Oxygen Plant Market is forecast to expand at significant pace, registering a CAGR of 9.1% during 2025-2031. This tremendous expansion is being bolstered by key advancements in oxygen generation technology and the development of end-use industries. Rising pharmaceutical manufacturing in the U.S., growing demand from metallurgy and mineral processing industries, and the adoption of oxygen plants for wastewater treatment accelerate North America Oxygen Plant Market Growth. Moreover, government programs promoting local production and energy-efficient plants strengthen the market’s expansion.

North America Oxygen Plant Market Challenges

Conversely, high capital investment requirements for cryogenic plants and complex regulatory approvals for large-scale installations poses major limitations to market expansion. Smaller players often struggle with long payback periods and competition from international manufacturers. Apart from this, the costs of raw materials such as steel and compressors are continuously fluctuating which can affect pricing. Also, lack of skilled technicians to manage advanced oxygen generation technologies is another aspect hindering market proliferation.

North America Oxygen Plant Market Trends

North America Oxygen Plant Industry is one of the leading markets with the presence of notable trends such as technological innovation in the form of introducing modular and containerized oxygen plants that cater to hospitals and mid-scale industries. In addition, automation and IoT-enabled monitoring systems are widely adopted to ensure precision and reduce downtime. 

Furthermore, the demand for energy-efficient and green oxygen plants is rising, supported by sustainability goals across North America. Partnerships between medical device manufacturers and oxygen plant providers are also emerging to ensure seamless oxygen supply chains for healthcare facilities.

Investment Opportunities in the North America Oxygen Plant Industry

In the North America Oxygen Plant Market, investment opportunities exist in localized manufacturing and after-sales services. Moreover, expanding the non-cryogenic segment with portable oxygen plants presents strong growth potential, particularly in remote industrial and healthcare applications. Furthermore, investments in R&D for hybrid systems that combine renewable energy with oxygen production open avenues for sustainable operations. Collaborations with government health departments for emergency preparedness projects also create attractive opportunities.

Leading Players of the North America Oxygen Plant Market

The competitive landscape of North America Oxygen Plant Market is fierce with the presence of prominent market players such as Linde Plc, Air Products & Chemicals Inc., Praxair (now part of Linde), and Air Liquide. The focus of these firms is mainly on capacity expansion, technological upgrades, and strategic partnerships to enhance their market presence. 

Government Regulations Introduced in the North America Oxygen Plant Market

Government bodies in the U.S. and Canada have endorsed rigorous policies related to workplace safety, industrial emissions, and healthcare quality standards. United States Food and Drug Administration (FDA) regulates medical oxygen purity, while the Environmental Protection Agency (EPA) mandates oxygen use in wastewater and air treatment applications. In Canada, Health Canada sets compliance standards for medical oxygen, while provincial governments encourage adoption of decentralized oxygen plants for hospitals in rural areas. 

Future Insights of the North America Oxygen Plant Market

North America Oxygen Plant Market is set to grow significantly in the future years, underpinned by growing demand across medical, industrial, and scientific sectors. Increased pharmaceutical production, mining exploration, and adoption of sustainable oxygen solutions will boost revenue. Both the U.S. and Canada are expected to prioritize localized production, ensuring long-term growth opportunities for both global and regional players.

Market Segmentation Analysis

The report offers a comprehensive study of the subsequent market segments and their leading categories. 

By Type- Cryogenic Plants to Dominate the Market

According to Dhaval, Research Manager, 6Wresearch, Cryogenic oxygen plants dominate the market due to their ability to produce high-purity oxygen in large volumes, making them suitable for industrial and medical applications. While non-cryogenic plants (like PSA-based systems) are gaining traction for small and medium-scale usage, cryogenic technology remains the backbone of large-scale production facilities in the U.S. and Canada.

By Application-Medical to Dominate the Market

The medical segment is the leading application, supported by rising hospital infrastructure, home oxygen therapy demand, and government-backed healthcare programs. Pharmaceuticals are also expanding rapidly, with oxygen being a critical component in drug formulation and bioprocessing. Meanwhile, mining and metallurgy industries continue to account for steady oxygen demand for combustion and smelting processes.

By End User- Medical to Dominate the Market

Among end-users, the medical sector dominates the market, driven by increasing healthcare spending and technological upgrades across hospitals and clinics. Industrial users, including steel, chemicals, and mining companies, also represent a significant share, while scientific research institutions contribute to a growing niche segment.

By Countries- United States to Dominate the Market

United States leads the North America Oxygen Plant Market Share due to its advanced healthcare infrastructure, strong pharmaceutical industry, and robust industrial base. The U.S. federal government’s initiatives to strengthen medical oxygen security post-2020 have further accelerated demand. 

Key Attractiveness of the Report

• 10 Years of Market Numbers.
• Historical Data Starting from 2021 to 2024.
• Base Year: 2024
• Forecast Data until 2031.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Key Highlights of the Report
• North America Oxygen Plant Market Outlook
• Market Size of North America Oxygen Plant Market, 2024
• Forecast of North America Oxygen Plant Market, 2031
• Historical Data and Forecast of North America Oxygen Plant Revenues & Volume for the Period 2021-2031
• North America Oxygen Plant Market Trend Evolution
• North America Oxygen Plant Market Drivers and Challenges
• North America Oxygen Plant Price Trends
• North America Oxygen Plant Porter's Five Forces
• North America Oxygen Plant Industry Life Cycle
• Historical Data and Forecast of North America Oxygen Plant Market Revenues & Volume By Type for the Period 2021-2031
• Historical Data and Forecast of North America Oxygen Plant Market Revenues & Volume By Cryogenic for the Period 2021-2031
• Historical Data and Forecast of North America Oxygen Plant Market Revenues & Volume By Non-Cryogenic for the Period 2021-2031
• Historical Data and Forecast of North America Oxygen Plant Market Revenues & Volume By Application for the Period 2021-2031
• Historical Data and Forecast of North America Oxygen Plant Market Revenues & Volume By Automobile for the Period 2021-2031
• Historical Data and Forecast of North America Oxygen Plant Market Revenues & Volume By Mining and Mineral Processing for the Period 2021-2031
• Historical Data and Forecast of North America Oxygen Plant Market Revenues & Volume By Cosmetics for the Period 2021-2031
• Historical Data and Forecast of North America Oxygen Plant Market Revenues & Volume By Pharmaceuticals for the Period 2021-2031
• Historical Data and Forecast of North America Oxygen Plant Market Revenues & Volume By Others for the Period 2021-2031
• Historical Data and Forecast of North America Oxygen Plant Market Revenues & Volume By End-User for the Period 2021-2031
• Historical Data and Forecast of North America Oxygen Plant Market Revenues & Volume By Medical for the Period 2021-2031
• Historical Data and Forecast of North America Oxygen Plant Market Revenues & Volume By Industrial for the Period 2021-2031
• Historical Data and Forecast of North America Oxygen Plant Market Revenues & Volume By Scientific for the Period 2021-2031
• Historical Data and Forecast of North America Oxygen Plant Market Revenues & Volume By Countries for the Period 2021-2031
• Historical Data and Forecast of North America Oxygen Plant Market Revenues & Volume By United States for the Period 2021-2031
• Historical Data and Forecast of North America Oxygen Plant Market Revenues & Volume By Canada for the Period 2021-2031
• North America Oxygen Plant Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Application
• Market Opportunity Assessment By End-User
• Market Opportunity Assessment By Country
• North America Oxygen Plant Top Companies Market Share
• North America Oxygen Plant Competitive Benchmarking By Technical and Operational Parameters
• North America Oxygen Plant Company Profiles
• North America Oxygen Plant Key Strategic Recommendations

Markets Covered

The report provides a detailed analysis of the following market segments:

By Countries

• United States
• Canada

By Type

• Cryogenic
• Non-Cryogenic

By Application

• Automobile
• Mining and Mineral Processing
• Cosmetics
• Pharmaceuticals
• Others

By End User

• Medical
• Industrial
• Scientific