Press release
Liquefied CO2 Market 2022 Trends, Share, Size, Growth, Opportunity and Forecast to 2031
Liquefied CO2 Market 2022-2031
Liquefied CO2 is also referred to as a cryogenic liquid which is colourless, odourless and non-flammable liquid. Liquefied CO2 transforms into a crystalline structure when it is discharged from its container. Liquefied CO2 is inert and stable under atmospheric conditions and is slightly acidic in nature.
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Liquefied CO2 is extracted from various types of sources such as hydrogen plants and ammonia in its purified and liquefied form. Large scale industries such as power cement and steel plant produce CO2 as a by-product that goes under pressure in order to produce liquefied CO2 for a wide variety of application in different sectors such as food, health care among others.
Key Players:
The report has profiled some of the important players prevalent in the global like - Universal Industrial Gases, Inc., Philippine CO2 Industry Inc., Yara International ASA, INOX Air Products Ltd., Continental Carbonic Products, Inc., Cosmo Engineering Co. Ltd., Air Products and Chemical, Inc., Praxair, Inc.,, Liquid air, Linde AG, Showa Denko Gas Products Co., Ltd. and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Liquefied CO2 Market.
Liquefied CO2 Market: Dynamics-
Increasing industrialization with an enormous share in R&D for innovative technologies in enhanced oil recovery (EOR) and carbon capture & storage (CCS) has led to an upsurge in the demand for liquefied CO2. EOR technology used in extracting a large number of resources from oil and gas reservoirs.
While CCS technology is utilized for capturing and storing liquefied CO2 which is later utilized for a wide variety of industrial purposes such as replacement of Chlorofluorocarbon (CFC) in foamed plastic production. Moreover, increasing juice and beverage industries due to the surging demand of various flavoured carbonated drinks among consumer also boosting the demand of liquefied CO2 as it offers flavour enhancement, product stability, flavour, texture impression and freshness perception in food & beverages products.
Furthermore, the growing agriculture industry due to increasing population also fueling the demand of liquefied CO2 as it is widely used for pest control in grains. The other notable applications of liquefied CO2 is wastewater treatment due to increasing concern about the environment, which is also driving the market of liquefied CO2.
Various government regulation such as Central Pollution Control Board (CPCB), Environmental Protection Agency (EPA), Food and Drug Administration (FDA) have the limited the harmful emission of carbon dioxide when produced as a byproduct, which is helpful in creating less harmful impact on the environment which act as restraint for the liquefied CO2 market
The global liquefied CO2 Market is considered to be a highly concentrated market with the presence of raw material provider, manufacturer and end-use industries having established their presence in particular or multi-regional markets.
Liquefied CO2 Market: Segments-
Sources - Hydrogen, Ethyl Alcohol, Ammonia, natural gas, Others
Application - Food & Beverages, Chemicals, Electronics, Agriculture, Healthcare, Wastewater treatment
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Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
Liquefied CO2 Market Manufacturers
Liquefied CO2 Market Distributors/Traders/Wholesalers
Liquefied CO2 Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Liquefied CO2 Market - Report Highlights
A detailed overview of parent market of Liquefied CO2 Market
Changing Liquefied CO2 Market dynamics in the industry
In-depth segmentation of the Liquefied CO2 Market
Historical, current, and projected Liquefied CO2 Market size regarding volume and value
Recent industry trends and developments in Liquefied CO2 Market
Competitive landscape of the Liquefied CO2 Market
Strategies for key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on Liquefied CO2 Market performance
Must-have information for Liquefied CO2 Market players to sustain and enhance their market footprint
Key Questions Answered in the Liquefied CO2 Market Report
How is the Liquefied CO2 Market expected to grow over the projected period?
What direction is the Liquefied CO2 Market expected to take in terms of volume and value during the forecast period?
What is the impact of macroeconomic factors on the Liquefied CO2 Market in future?
What are the key market drivers in the Liquefied CO2 Market?
What are significant opportunities and improvement areas for Liquefied CO2 Market manufacturers?
What are the key developments and trends taking over the Liquefied CO2 Market?
Which are the emerging countries that are expected to create significant growth opportunities in the Liquefied CO2 Market?
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