Global Carbon Dioxide Market, By Source (Hydrogen, Ethyl Alcohol, Ethylene Oxide, Substitute Natural Gas, Others), Delivery Mode (Centralized, Onsite), Production (Combustion, Biological), Application (Food and Beverages, Oil and Gas, Medical, Rubber, Fire Fighting, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Carbon dioxide market size is valued at USD 10.50 billion by 2028 and is expected to grow at a compound annual growth rate of 3.50% for the forecast period of 2021 to 2028. Data Bridge Market Research report on carbon dioxide market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Carbon dioxide is a type of a colorless and gas which is naturally present in the atmosphere at a low concentration. Carbon dioxide is essentially a greenhouse gas, which is essential for the earth’s ecosystem and is also recovered for multiple diverse applications. Carbon dioxide molecules are composed of a carbon atom covalently double bonded to two oxygen atoms.
The rising application of carbon dioxide in the food and beverages, enhanced oil recovery (EOR) technology, and medical industry has highly influenced growth of the carbon dioxide market. In line with this, the carbon dioxide is used in several applications, such as inert gas in fire-fighting, carbonation of beverages as well as freezing and cooling food products which is also acting as a key determinant favoring the growth of the carbon dioxide market over the forecast period of 2021 to 2028. Also the, various technological advancements associated with the introduction of numerous modern techniques, which uses carbon dioxide released in the production stage are also positively impacting the growth of the carbon dioxide market. The major factor accountable for the growth of the market is the increasing involvement of governments across the globe to promote and incentivize enhanced oil recovery techniques. Beside this, the increasing demand for rural electrification is also flourishing the growth of the carbon dioxide market. However, the lack of standards authenticating pipeline quality may act as key restraint towards carbon dioxide market growth rate in the forecast period of 2021 to 2028, whereas the transportation of carbon dioxide in bulk requires high scale maintenance which have the potential to challenge the growth of the carbon dioxide market.
Furthermore, the rapidly rising investments along with the technological advancements coupled with the introduction of several modern techniques will further offer a variety of growth opportunities for the carbon dioxide market in the above mentioned forecast period.
This carbon dioxide market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on carbon dioxide market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Carbon Dioxide Market Scope and Market Size
Carbon dioxide market is segmented on the basis of source, delivery mode, production and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of source, the carbon dioxide market is segmented into hydrogen, ethyl alcohol, ethylene oxide, substitute natural gas and others.
- Based on delivery mode, the carbon dioxide market is segmented into centralized and onsite.
- Based on production, the carbon dioxide market is segmented into combustion and biological.
- The application segment for carbon dioxide market is segmented into food and beverages, oil and gas, medical, rubber, fire fighting and others.
Carbon Dioxide Market Country Level Analysis
Carbon dioxide market is analyzed and market size, volume information is provided by country, source, delivery mode, production and application as referenced above.
The countries covered in the carbon dioxide market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America leads the carbon dioxide market because of the U.S. and Canada being the major contributing nations in this region. Asia-Pacific is expected to expand at a significant growth of the over the forecast of 2021 to 2028 due to rapidly increasing end-use industries such as food and beverage and medical in the emerging countries along with the growing consumption of carbon dioxide in this particular region.
The country section of the carbon dioxide market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Carbon Dioxide Market Share Analysis
Carbon dioxide market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to carbon dioxide market.
The major players covered in the carbon dioxide market report are Linde, Air Liquide, Praxair Technology, Inc., Universal Industrial Gases, Inc., Matheson Tri-Gas, Inc., India Glycols Limited, SOL Spa, POET, LLC, Reliant Gases, Air Products and Chemicals, Inc., Gulf Cryo, Messer Group, Sicgil India Limited, Kanoria Chemicals & Industries Ltd., Deluxe Industrial Gases, Om Gases & Chemicals, Aditya Air Products, Ajay Air Products Pvt. Ltd., and Abdullah Hashim Company, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.