Dry Ice Market Pegged for Robust Expansion by 2031 | Type, Application, Scope & Key Companies

New York, Global Dry Ice Market report from Global Insight Services is the single authoritative source of intelligence on Dry Ice Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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Dry ice is the solid form of carbon dioxide, which is a gas at room temperature. It is used as a cooling agent because it is very cold (-109.3°F/-78.5°C), and it sublimates, or turns from a solid to a gas, without going through the liquid stage. Dry ice is produced by cooling carbon dioxide gas to a temperature of -109.3°F/-78.5°C.

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Key Trends

Dry Ice technology is constantly evolving and the key trends are constantly changing. However, some of the key trends that are currently shaping the Dry Ice industry include:

-The increasing popularity of Dry Ice cleaning. This cleaning method is becoming increasingly popular due to its effectiveness and environmental friendliness.

-The development of new and improved Dry Ice machines. These machines are becoming more sophisticated and efficient, making them more affordable and accessible to businesses and consumers.

-The growth of the online Dry Ice market. This is allowing businesses and consumers to purchase Dry Ice products and services from the comfort of their own homes.

Key Drivers

The key drivers of the dry ice market are its low cost, ease of production, and versatility.

Dry ice is relatively inexpensive to produce and can be easily made at home with a few simple ingredients.

It is also very versatile and can be used for a variety of purposes, such as cooling food, preserving perishable items, and cleaning surfaces.

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Market Segments

The dry ice market is segmented by type, application, and region. By type, the market is classified into pellets, blocks, and others. Based on application, it is bifurcated into food & beverages, storage, healthcare, and others. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World.

Key Players

The global dry ice market includes players such as Central McGowan, Victex, ASCO Carbon Dioxide Ltd., Merck KGaA, Polar Ice Ltd., Chillistick Ltd., Thomas Scientific, Reliant Dry Ice, Praxair Technology Inc., NexAir LLC, and others.

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