Oxygen Scavenger Market size is projected to reach USD 2.5 Billion by 2027 from an estimated USD 1.9 Billion in 2020, growing at a CAGR of 4.4% globally. Oxygen scavengers , also known as an oxygen absorber, is primarily used to reduce or remove oxygen from various types of packages and feed water of boiler systems. It prevents deteriorative reactions caused by the availability of oxygen, thereby improving the operational capability of various products & processes. Oxygen scavengers specifically employed for packaging applications fall under the category of active packaging. This type of packaging is often used in the food & beverage and pharmaceutical sectors, and it responds to changes occurring in the surrounding environment. The product helps to minimize the negative effects of oxygen while increasing the shelf life of packaged products. In boilers, it is used in conjunction with deaerators to remove residual oxygen content and inhibit corrosion. Additionally, they ...