Carbon Dioxide Market Industry Growth , Regional Analysis and Competitive Landscape till 2029

Carbon Dioxide Market revenue is expected to grow at CAGR 4.87% through 2023 to 2029, reaching nearly USA 12.03 Bn.

Carbon Dioxide Market Report Scope and Research Methodology

The report highlights the competitive market view, segment analysis based on the source, form and application. First, the market overview describes the market trends, key market drivers, market restraints, opportunities, and challenges for the Carbon dioxide Market. The market size and trends for the lobster market were analysed by using both primary and secondary data. Top down approach were used to estimate market size of the carbon dioxide market.

Market projections were based on historical data, present sector developments, and future market opportunities and challenges. The SWOT analysis of the major market players, which included their strengths, weaknesses, opportunities, and threats, was also included in the research to provide a thorough knowledge of the market dynamics. By employing the PESTLE analysis, the operating environment of an organization can be assessed. Porter's analysis were used to identify crucial factors that directly affect market profitability.

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What are Carbon Dioxide Market Dynamics?

The CO2 market is driven by the increasing demand of the food and beverages industry. This industry uses CO2 in a variety of ways, such as carbonating beverages, refrigerating, and packaging to preserve and extend product life and shelf life. Consumers are increasingly turning to carbonated and convenient foods and drinks, which means that the demand for carbon dioxide is on the rise. The carbon dioxide market is increasingly growing and creating opportunities for businesses to expand into new markets. The market is also becoming more competitive, and this is driving businesses to innovate and develop new products and services. The high maintenance costs of CO2 transportation, as well as the risk of CO2 leakage into the atmosphere, are impeding the growth of the carbon dioxide market.

Carbon Dioxide Market Segmentation?

by Source

Hydrogen
Ethyl Alcohol
Ethylene Oxide
Substitute Natural Gas
Others

The carbon dioxide market is divided into segments based on the source, including hydrogen, ethanol, ethylene alcohol, substitute natural gas, and others. The market share that the ethyl alcohol segment owned in 2022 was 32.17%. Through alcoholic fermentation, carbon dioxide is produced as a byproduct in the synthesis of ethyl alcohol. The excellent purity and primary preference for food quality of the carbon dioxide produced from ethyl alcohol drives up demand for this commodity.

by Form

Liquid
Gas
Solid

by Application

Food & Beverages
Oil & Gas
Medical
Rubber
Fire Fighting
Others

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Who are Carbon Dioxide Market Key Players?

1. Universal Industrial Gases, Inc.
2. Linde Group
3. Air Products and Chemicals, Inc.
4. INOX Air Products Ltd.
5. Continental Carbonic Products, Inc.
6. Matheson Tri-Gas, Inc.
7. Air Liquide International S.A.
8. Praxair Inc.
9. Gulf Cryo
10. Bristol Gases-Concorde Corodex Group
11. Buzwair Industrial Gases Factory
12. Dubai Industrial Gases
13. Messer
14. Taiyo Nippon Sanso Corp.

Table of content for the Carbon Dioxide Market includes:

Part 01: Executive Summary

Part 02: Scope of the Carbon Dioxide Market Report

Part 03: Global Carbon Dioxide Market Landscape

Part 04: Global Carbon Dioxide Market Sizing

Part 05: Global Carbon Dioxide Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Regional Insights:

The North American region dominates the global carbon dioxide market with 41% market share and expected to maintain its dominance during forecasted period. The presence of a large number of oil and gas production and refineries in this region is driving the growth of carbon dioxide market growth during the forecast period. According to a report from the U.S Department of Energy, approximately 137 billion barrels of potentially exploitable oil resources are available for carbon dioxide-enhanced oil recovery, with approximately 67 billion barrels available at an average cost of US$85 per barrel. In 2022, the U.S. accounted for 29% of global carbon dioxide demand.

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