Press release
Carbon Dioxide Market Size Worth USD 15.21 billion 2032| A CAGR of 3.6%| Companies- Linde plc, Air Products and Chemicals, Inc, Air Liquide
Carbon Dioxide Market
Carbon dioxide refers to a chemical compound with two oxygen atoms and one carbon atom. The surging consumer demand for carbonated beverages is fostering market growth. Additionally, CO2 finds applications in various sectors owing to its versatility.
Fortune Business Insightsโข provides this information in its research report, titled "Carbon Dioxide Market, 2024-2032".
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ - https://www.fortunebusinessinsights.com/enquiry/sample/carbon-dioxide-market-102866
๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐๐ง๐ญ๐ข๐จ๐ง๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
โถ Linde plc (Ireland)
โถ Air Products and Chemicals, Inc. (U.S.)
โถ Air Liquide (France)
โถ Sicgil India Limited (India)
โถ Matheson Tri-Gas, Inc. (U.S.)
โถ Universal Industrial Gases, Inc. (U.S.)
โถ The Messer Group GmbH (Germany)
โถ SOL Spa (Italy)
โถ POET, LLC (U.S.)
โถ Reliant Gases (U.S.)
โถ India Glycols Limited (India)
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐๐ฌ๐ฌ๐ข๐ฏ๐ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌ ๐จ๐ ๐๐ข๐ช๐ฎ๐ข๐ ๐๐๐ ๐ข๐ง ๐๐ข๐๐๐๐ซ๐๐ง๐ญ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฌ ๐ญ๐จ ๐ ๐ฎ๐๐ฅ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง
In terms of form, the market is classified into gas, solid, and liquid. The liquid segment captured the largest share in 2023 with extensive applications of liquid carbon dioxide in different industries, including chemical processing, healthcare, food and beverages, and more.
๐๐ญ๐ข๐ฅ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐จ๐ ๐๐ญ๐ก๐ฒ๐ฅ ๐๐ฅ๐๐จ๐ก๐จ๐ฅ ๐๐ฌ ๐ ๐ ๐ฎ๐๐ฅ ๐๐จ๐ฎ๐ซ๐๐ ๐ญ๐จ ๐๐ฆ๐ฉ๐๐ฅ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
On the basis of source, the market is segregated into ethylene oxide, substitute natural gas, hydrogen, ethyl alcohol, and others. The ethyl alcohol segment witnessed the largest carbon dioxide market share in 2023 with the deployment of ethyl alcohol as a source of fuel in combustion engines, which leads to the production of CO2 as a byproduct.
๐๐๐ญ ๐ ๐๐ฎ๐จ๐ญ๐- https://www.fortunebusinessinsights.com/enquiry/get-a-quote/carbon-dioxide-market-102866
๐๐๐ฉ๐ข๐๐ฅ๐ฒ ๐๐ซ๐จ๐ฐ๐ข๐ง๐ ๐๐จ๐ฉ๐ฎ๐ฅ๐๐ญ๐ข๐จ๐ง ๐ญ๐จ ๐๐ซ๐จ๐ฉ๐๐ฅ ๐ญ๐ก๐ ๐ ๐จ๐จ๐ & ๐๐๐ฏ๐๐ซ๐๐ ๐ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง
With respect to end-use industry, the market is categorized into metal fabrication, firefighting, oil & gas, food & beverage, medical, and others. The food & beverage segment holds the major share due to the surging demand for food and beverage products owing to the rapidly growing population.
From the regional perspective, the market is classified into Latin America, the Middle East & Africa, the Asia Pacific, North America, and Europe.
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐
The research report provides a comprehensive coverage of the major driving and restraining factors affecting the market growth. In addition, it highlights the key segments, the latest trends, and notable industry developments. Additional aspects of the report include the strategic initiatives undertaken by leading companies to boost their share.
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ:
๐๐ฎ๐ซ๐ ๐ข๐ง๐ ๐๐๐ฉ๐ฅ๐จ๐ฒ๐ฆ๐๐ง๐ญ ๐ข๐ง ๐ ๐จ๐จ๐ & ๐๐๐ฏ๐๐ซ๐๐ ๐ ๐๐ง๐ ๐๐๐๐ข๐๐๐ฅ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฌ ๐ญ๐จ ๐๐ฌ๐๐๐ฅ๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
One of the major factors boosting the carbon dioxide market growth is an increase in the utilization of medical and food & beverage industries. Carbon dioxide has different applications in the medical industry, including the stabilization of body cavities during respiratory stimulation and minimally invasive surgery. In addition, it is deployed in the food & beverage industry to carbonate beverages and freeze poultry & meat.
However, the concerns pertaining to the transportation of the product may hamper market expansion.
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง- https://www.fortunebusinessinsights.com/carbon-dioxide-market-102866
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐ ๐๐๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฎ๐ ๐ญ๐จ ๐๐๐ข๐ ๐ก๐ญ๐๐ง๐๐ ๐๐๐ฆ๐๐ง๐ ๐ ๐ซ๐จ๐ฆ ๐ญ๐ก๐ ๐๐๐๐ข๐๐๐ฅ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
Asia Pacific's market valuation reached USD 5.08 billion in 2023 on the back of the massive demand from medical and food & beverage industries. Increasing population and rise in disposable incomes will result in heightened consumption of beverages, leading to the region's growth.
North America is poised to observe significant growth in coming years due to the growing demand for oil recovery applications, which is encouraging carbon dioxide use.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ฆ๐ฉ๐ก๐๐ฌ๐ข๐ณ๐ ๐๐๐ฉ๐๐๐ข๐ญ๐ฒ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง๐ฌ ๐ญ๐จ ๐๐จ๐จ๐ฌ๐ญ ๐๐ก๐๐ข๐ซ ๐๐๐ฉ๐๐๐ข๐ญ๐ฒ
The market depicts a competitive and consolidated structure in terms of the competitive scenario. Moreover, global companies are making heavy investments in the research and development of better technologies to enhance product output. Several companies are also focusing on capacity expansion strategies to maximize their production output.
๐๐๐ฒ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ:
๐ ๐๐๐ซ๐ฎ๐๐ซ๐ฒ ๐๐๐๐: Linde unveiled that it has started a new air separation plant in Freeport, Texas. The new plant will supply oxygen and nitrogen to MEGlobal Oyster Creek.
๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ-
Industrial Gases Market- https://www.fortunebusinessinsights.com/industry-reports/industrial-gases-market-101728
Food-grade Gases Market- https://www.fortunebusinessinsights.com/industry-reports/food-grade-gases-market-101623
Natural Refrigerants Market- https://www.fortunebusinessinsights.com/natural-refrigerants-market-105256
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Fortune Business Insightsโข offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
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