Press release
How Innovation is Changing the Carbon Dioxide Market
Key Insights of Carbon Dioxide MarketCarbon Dioxide Market Remains a Moderately Consolidated Landscape, Tier 1 Companies Account for Over 60% Revenue Share
The Tier 1 players in the global carbon dioxide market account for over 60% of the market revenue share. Meanwhile, the Tier 2 and Tier 3 companies face challenges to magnify their businesses apropos of fewer production capacities and limited geographical presence. Focus of small and mid-sized businesses on sales at regional levels is one of the predominant aspects that underpins the moderately consolidated structure of global carbon dioxide market.
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Competitive Landscape
The competitive landscape in the research study on carbon dioxide market offers detailed information on the key stakeholders having a stronghold in the carbon dioxide market. Various prospects of the key players in the carbon dioxide market, such as product portfolio, technological innovations, key differential strategies, and other financials have been extensively covered. The report on carbon dioxide market features key companies such as Linde Group, Air Liquide, Praxair Inc., Air Products and Chemicals, Inc., Gulf Cryo, Abdullah Hashim Industrial & Equipment Co. Ltd, and many more.
Air Liquide, a key company in the carbon dioxide market, invested over US$ 33 Mn to produce carbon dioxide and nitrogen for Coca-Cola FEMSA in Colombia in 2016, thereby entering the Colombian industrial gas market. Moreover, the company signed an agreement with AVR in 2018, in a bid to facilitate the storage and distribution of liquid carbon dioxide recovered from the AVR carbon dioxide capture systems in the Netherlands.
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Air Products and Chemicals, Inc., a leading player in the carbon dioxide market, acquired EPCO Carbon Dioxide Products, Inc., a privately-held producer and marketer of liquid carbon dioxide. This acquisition included 12 CO2 purification and liquefaction plants and distribution assets.
The Linde Group, a prominent player in the carbon dioxide market, announced the establishment of a 250 TPD carbon dioxide facility for food and beverage producers and chemical manufacturers in Texas, US.
Definition
Carbon dioxide refers to a colorless and gas present naturally in the atmosphere. Carbon dioxide is fundamentally a greenhouse gas, which is crucial for the earth’s ecosystem. Carbon dioxide is recovered for multiple diverse applications from flue gases, as a by-product from the manufacture of hydrogen for ammonia synthesis, from limekilns and many other sources.
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About the Report
The report on carbon dioxide market is comprehensive research study analyzing various pivotal aspects central to the carbon dioxide market space. Prominent factors impacting growth in terms of demand and sales of carbon dioxide such as trends, drivers, restraints and business potential are covered in this report on carbon dioxide market. The report on carbon dioxide market comprises of a historical analysis, present carbon dioxide market scenario and futuristic projections on carbon dioxide across key regions.
Market Structure
The carbon dioxide market is segmented on the basis of production, by delivery mode, by end use, and by region. By production, the carbon dioxide market has been segmented into combustion and biological. By delivery mode, the carbon dioxide market has been classified into centralized and onsite. By end use, the carbon dioxide market has been segmented into metal manufacturing and fabrication, food and beverage, pulp and paper, oil and gas, healthcare, chemical, and other industries. The carbon dioxide market has been assessed across key regions of North America, Latin America, Europe, Asia Pacific excluding China, China, and MEA
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Additional Questions Answered
Apart from the aforementioned information, the carbon dioxide market report sheds light on additional questions such as:
Which is the most lucrative end use industry for carbon dioxide market from a profit standpoint?
Which is the most remunerative region for carbon dioxide market?
Which is the most versatile process of production for carbon dioxide?
What are the major impediments hindering growth of carbon dioxide market?
Research Methodology
The report on carbon dioxide market is an all-inclusive compilation of facts gleaned by leveraging a meticulous research methodology. Primary and secondary research sources have been extensively used to procure vital data points and statistics on carbon dioxide market. The data obtained from these robust methodologies and other credible sources are triangulated to offer unbiased information on the growth course of carbon dioxide market.
About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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