Carbon Monoxide Market Size, Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports

Carbon Monoxide Market Size

The global Carbon Monoxide market is projected to reach US$ 4789.2 million by 2030 from an estimated US$ 3943.8 million in 2024, at a CAGR of 3.3% during 2024 and 2030.

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Carbon monoxide is a colorless, odorless, flammable, toxic gas. High-purity carbon monoxide that is dry and free of sulfur compounds is normally noncorrosive to metals at atmospheric pressure. Lower-purity grades containing moisture, sulfur compounds and other impurities can form toxic metal carbonyls and can cause stress corrosion cracking in carbon steels at elevated pressures. Chemically, carbon monoxide is stable but can act as a strong reducing agent at elevated temperatures.

In the report, the data is based on industrial production of carbon monoxide, without by-product.

Global Carbon Monoxide key players include Linde, Air Liquide, Air Products, Wison Group, Wanhua, etc. Global top five manufacturers hold a share about 30%. Asia-Pacific is the largest market, with a share about 50%. In terms of product, Commercial Grade is the largest segment, with a share over 90%. And in terms of Application, the largest level is Chemical Industry, followed by Metal Industry and Electronic Industry, etc.

By Type
Commercial Grade
Electronic Grade

By Application
Chemical Industry
Metal Industry
Electronic Industry

Key Companies
Linde, Air Liquide, Air Products, Wison Group, Wanhua, Sipchem, Messer, Tosoh, Yingde Gases

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This release was published on openPR.