Press release
Transcritical CO2 Market Report 2023-2028 | Industry Size, Share, Trends and Latest Insights
Transcritical CO2 Market
The global transcritical CO2 market size reached US$ 44.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 117.1 Billion by 2028, exhibiting a growth rate (CAGR) of 16.7% during 2023-2028.
What is Transcritical CO2?
Supercritical carbon dioxide, often referred to as transcritical CO2, denotes a state where CO2 exceeds its critical temperature and pressure. This state showcases favorable flow properties, enhancing heat transfer efficiency. Moreover, it contributes to a reduced environmental impact owing to its natural abundance and low global warming potential. Its notable solubility allows it to dissolve substances that are typically insoluble in the liquid state. This, in turn, facilitates effective heat exchange and enables enhanced heat recovery within industrial processes. In the realm of refrigeration, transcritical CO2 refrigeration systems find extensive use, capitalizing on its advantageous characteristics. Additionally, it serves as a versatile tool for creating nanoparticles with precisely tailored properties, finding diverse applications. Beyond this, its non-reactive nature makes it an ideal cleaning agent for delicate components.
Request a Free Sample Report:- https://www.imarcgroup.com/transcritical-co2-market/requestsample
Global Transcritical CO2 Market Trends and Drivers:
The market is experiencing a positive upswing, propelled by rapid urbanization and the expanding commercial sector, both demanding efficient heating and cooling solutions. The burgeoning food and beverage (F&B) industry, along with the modernization of food retail outlets such as supermarkets and hypermarkets, is further boosting the need for effective refrigeration solutions and driving the adoption of transcritical CO2 systems. Data center operations are on the rise, driving the demand for efficient cooling solutions and presenting a promising market outlook. The utilization of transcritical CO2 in chemical and petrochemical industries for diverse processes is gaining traction globally. Additionally, the pharmaceutical industry is embracing transcritical CO2 due to the growing awareness of its health benefits and its role in removing residual solvents from pharmaceutical products after synthesis. The mild conditions provided by transcritical CO2 prevent thermal degradation of sensitive compounds, ensuring the quality of the final product. The pharmaceutical sector's increasing demand for eco-friendly cold chain solutions is also contributing to a positive market outlook, further supported by governmental incentives and subsidies for environmentally friendly technologies. Consumer awareness of the benefits of eco-friendly products is encouraging industries to adopt transcritical CO2 technologies, aligning with consumer preferences. Ongoing research and innovation in transcritical CO2 systems are enhancing performance, reliability, and cost-effectiveness. Escalating energy costs and a heightened focus on energy efficiency are driving industries to embrace transcritical CO2 solutions, which offer superior heat transfer and energy savings. Furthermore, strict environmental regulations favor sustainable technologies like transcritical CO2, given its low global warming potential and reduced carbon footprint, further stimulating market growth.
Global Transcritical CO2 Market 2023-2028 Analysis and Segmentation:
Top Key Players covered in this report are:
Baltimore Aircoil Company Inc. (AMSTED Industries Incorporated)
Bitzer SE
Carnot Refrigeration (M&M Refrigeration)
Carrier Global Corporation
Danfoss
Dorin S.p.A.
Emerson Electric Co.
Hill Phoenix Inc. (Dover Corporation)
Mayekawa Mfg. Co. Ltd.
Panasonic Holdings Corporation
SCM Frigo S.p.A. etc.
Ask to Analyst:- https://www.imarcgroup.com/request?type=report&id=5806&flag=C
The report segmented the market on the basis of region, function and application.
Breakup by Function:
Refrigeration
Heating
Air Conditioning
Breakup by Application:
Supermarkets and Convenience Stores
Ice Skating Rinks
Food Processing and Storage Facilities
Heat Pumps
Others
Breakup By Regions:
North America: (United States, Canada)
Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa
Key highlights of the report:
Market Performance (2017-2022)
Market Outlook (2023- 2028)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Related Reports:-
https://www.digitaljournal.com/pr/news/imarc/vaccine-vials-market-report-2023-global-size-share-growth-forecast-till-2028
https://www.digitaljournal.com/pr/news/imarc/iot-testing-market-report-2023-global-size-share-growth-forecast-till-2028
https://www.digitaljournal.com/pr/news/imarc/pressure-gauge-market-report-2023-global-size-share-growth-forecast-till-2028
Contact Us:
IMARC Services Private Limited.
134 N 4th St. Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Transcritical CO2 Market Report 2023-2028 | Industry Size, Share, Trends and Latest Insights here
News-ID: 3218326 • Views: …
More Releases from IMARC Group
Geo-Textile Manufacturing Plant Setup Cost 2025: CapEx/OpEx Analysis with Profit …
Setting up a geo-textile manufacturing facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit processes, raw material procurement, utility provisions, infrastructure setup, machinery and technology specifications, workforce planning, logistics, and financial considerations.
IMARC Group's report titled "Geo-Textile Manufacturing Plant Project Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a geo-textile manufacturing plant, covering…
Cashew Butter Manufacturing Plant Report 2025: Raw Materials, Investment Opportu …
Cashew butter is a creamy spread made by grinding roasted cashew nuts into a smooth paste, often enhanced with a pinch of salt or sweeteners. It is rich in healthy fats, protein, vitamins, and minerals, making it a nutritious alternative to traditional spreads like peanut butter. Cashew butter is widely used as a spread, in smoothies, baked goods, and health-focused recipes, gaining popularity among health-conscious consumers, vegans, and those seeking…
Calcium Chloride Anhydrous Production Cost Report 2025: Plant Setup Economics an …
Setting up a calcium chloride anhydrous production facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit processes, raw material procurement, utility provisions, infrastructure setup, machinery and technology specifications, workforce planning, logistics, and financial considerations.
IMARC Group's report titled "Calcium Chloride Anhydrous Production Cost Analysis Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a…
Paper Bag Manufacturing Plant Cost Report 2025: Layout, Machinery, Raw Materials …
Setting up a paper bag manufacturing facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit processes, raw material procurement, utility provisions, infrastructure setup, machinery and technology specifications, workforce planning, logistics, and financial considerations.
IMARC Group's report titled "Paper Bag Manufacturing Plant Project Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a paper bag…
More Releases for CO2
Practical Tips for CO2 Laser Cutting Fabrics and Benefits of CO2 Laser Cutting f …
Best Fabrics for CO2 Laser Cutting: What You Need to Know
Are you wondering which fabrics work best with CO2 laser cutting? Whether you're a fashion designer, hobbyist, or manufacturer, choosing the right fabric can make or break your project. In this guide, we'll explore the best fabrics for CO2 laser cutting, their unique properties, and practical tips to achieve flawless results. By the end, you'll have the knowledge to select…
Global CO2 Injector(CO2 Bubbler) Market Expected to Witness a Sustainable Growth …
LP INFORMATION recently released a research report on the CO2 Injector(CO2 Bubbler) market analysis, which studies the CO2 Injector(CO2 Bubbler)'s industry coverage, current market competitive status, and market outlook and forecast by 2025.
Global "CO2 Injector(CO2 Bubbler) Market 2020-2025" Research Report categorizes the global CO2 Injector(CO2 Bubbler) market by key players, product type, applications and regions,etc. The report also covers the latest industry data, key players…
Bacteria as CO2 recycling powerhouse
E. coli can live and feed on formate & methanol:
Scientists from the Max Planck Institute (Germany) have reached a significant breakthrough presented in their recent Nature Chemical Biology publication. Their research for EU project eForFuel has redesigned the model biotechnological bacteria Escherichia coli (E. coli) to live and feed on methanol and formate: a possibility that serves as a stepping stone towards future endeavors aiming at recycling CO2 into various…
Global Transcritical CO2 Market |
Data Bridge market Research has released a new report on Global Transcritical CO2 Market which incorporates a thorough assessment of overall Global Transcritical CO2 Market The report provides a detailed competitive analysis which includes the profiles of key market players and organizations and their working strategies. The report consists of essential data and information about the concerned Global Refinished Paint Market. For better understanding complex Global Transcritical CO2 Market data…
Beer CO2 Regulator Market Size Detail Analysis focusing on Key Players like Tapr …
Scope of the Report:
The worldwide Beer CO2 Regulator Market is expected to grow at a CAGR of roughly over the next five years, will reach million US$ in 2024, from million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Beer CO2 Regulator in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the…
Global Beer CO2 Regulator Market | 2018 Key Vendors: Taprite, Titan Controls, Pr …
Qyresearchreports include new market research report “Global Beer CO2 Regulator Market Research Report 2018” to its huge collection of research reports.
This report on the global Beer CO2 Regulator market is based upon thorough study conducted by some of the professional and expert analysts of the industry. This report emphasizes on several factors including government regulations that are influencing growth of the market positively or negatively. The report explains challenges, opportunities,…
