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Dry Ice Market Expected to Witness Robust Growth amid Rising Demand across Various Industries

01-14-2025 02:47 PM CET | Chemicals & Materials

Press release from: Coherent Market Insights

Dry Ice Market

Dry Ice Market

The Dry Ice Market is experiencing remarkable growth, fueled by its increasing adoption in food preservation, medical applications, and industrial cleaning processes. The global dry ice market is estimated to be valued at USD 1.55 Bn in 2024 and is expected to reach USD 2.55 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 7.4% from 2024 to 2031.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

Dry ice, the solid form of carbon dioxide, is a versatile cooling agent widely used across diverse industries due to its sublimation property (directly turning into gas without leaving residue) and its ability to maintain extremely low temperatures. The market is driven by the rising demand for eco-friendly, cost-effective cooling solutions, particularly in the transportation of perishable goods and medical supplies such as vaccines.

๐‚๐ฅ๐ข๐œ๐ค ๐ก๐ž๐ซ๐ž ๐ญ๐จ ๐†๐ž๐ญ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐‹๐ข๐ง๐ค:
https://www.coherentmarketinsights.com/insight/request-sample/7684

**In case you need any specific business requirements, you can mention the same. We can customize the report based on the exact needs of the client**.

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž

๐๐ซ๐จ๐ฆ๐ข๐ง๐ž๐ง๐ญ ๐ฉ๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐ƒ๐ซ๐ฒ ๐ˆ๐œ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ž: Linde plc, Air Products and Chemicals, Inc., Continental Carbonic Products, Inc., Messer Group GmbH, Praxair Technology, Inc., The Ice Company, Ice-Box, American Dry Ice, Dry Ice Corp., Polar Ice, Cryo-Cell International, Inc., A.G. Halls, Kauffman's, Yara International ASA, and INEOS Group Holdings S.A.

These companies are focusing on expanding their production capacities, investing in sustainable technologies, and catering to niche applications to strengthen their market positions.

๐Š๐ž๐ฒ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ:

โ€ข In February 2023, POET, the world's largest producer of biofuels and a significant player in carbon capture and utilization technologies, expanded its COโ‚‚ and dry ice production capabilities by establishing a new facility in Laddonia, near the company's administrative hub. The plant is equipped to capture over 200 tons of COโ‚‚ daily, efficiently producing dry ice to support industrial and agricultural applications.

โ€ข In July 2023, Cold Jet, a global leader in dry ice production and cleaning solutions, launched IceRocket dry ice blasting machine. Designed as an entry-level solution, this innovative equipment enhances cleaning and maintenance operations by minimizing downtime while maximizing performance. Cold Jet's extensive portfolio of dry ice solutions positions it as a pioneer in industrial cleaning technologies.

๐‚๐ฎ๐ซ๐ซ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ

โ€ข Surge in Demand for Cold Chain Logistics
The growing e-commerce sector and global trade in perishable goods have heightened the need for efficient cold chain logistics, where dry ice plays a crucial role.

โ€ข Increasing Adoption in the Healthcare Sector
Dry ice is essential in the transportation and storage of temperature-sensitive medical products, including vaccines, biologics, and pharmaceuticals, particularly highlighted during the COVID-19 pandemic.

โ€ข Growth in Industrial Cleaning Applications
Dry ice blasting, an eco-friendly and non-abrasive cleaning method, is gaining traction across manufacturing and automotive sectors, driving the demand for dry ice.

โ€ข Focus on Sustainability
Manufacturers are emphasizing sustainable production processes and exploring methods to reduce the carbon footprint associated with dry ice production.

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

โ€ข By Type Insights (Revenue, USD Bn, 2019 - 2031)
Sliced
Pellets
Blocks
Others

โ€ข By Production Method Insights (Revenue, USD Bn, 2019 - 2031)
Liquid CO2 Method
Dry Ice Pellets from CO2 Gas
Others

โ€ข By Application Insights (Revenue, USD Bn, 2019 - 2031)
Food & Beverage
Healthcare
Manufacturing
Others

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

North America

The largest market, driven by robust healthcare infrastructure, advanced logistics systems, and high adoption of dry ice blasting in industrial applications.

Europe

The region's stringent food safety and pharmaceutical regulations are fueling the demand for dry ice, particularly in Germany, France, and the UK.

Asia-Pacific

Expected to witness the fastest growth due to the rising population, expanding healthcare industry, and growing export of perishable goods from countries like China and India.

Middle East & Africa

The region is seeing steady growth, supported by advancements in cold chain logistics and healthcare infrastructure.

Latin America

Brazil and Mexico are key contributors, with increasing demand for dry ice in food preservation and industrial applications.

๐“๐š๐›๐ฅ๐ž ๐จ๐Ÿ ๐‚๐จ๐ง๐ญ๐ž๐ง๐ญ - ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐Š๐ž๐ฒ ๐๐จ๐ข๐ง๐ญ๐ฌ

Chapter 1 Dry Ice Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Production, Revenue (Value) by Region

Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Global Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Global Dry Ice Market Forecast

๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐ฎ๐ฉ ๐ญ๐จ ๐Ÿ๐Ÿ“% ๐ƒ๐ข๐ฌ๐œ๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.coherentmarketinsights.com/insight/buy-now/7684

๐‘๐ž๐š๐ฌ๐จ๐ง๐ฌ ๐ญ๐จ ๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:

โžข Analysis of the impact of technological advancements on the market and the emerging trends shaping the industry in the coming years.

โžข Examination of the regulatory and policy changes affecting the market and the implications of these changes for market participants.

โžข Overview of the competitive landscape in the Dry Ice market, including profiles of the key players, their market share, and strategies for growth.

โžข Identification of the major challenges facing the market, such as supply chain disruptions, environmental concerns, and changing consumer preferences, and analysis of how these challenges will affect market growth.

โžข Evaluation of the potential of new products and applications in the market, and analysis of the investment opportunities for market participants.

๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง:

๐œ๐š๐ง ๐ˆ ๐ฆ๐จ๐๐ข๐Ÿ๐ฒ ๐ญ๐ก๐ž ๐ฌ๐œ๐จ๐ฉ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ง๐ ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž ๐ข๐ญ ๐ญ๐จ ๐ฌ๐ฎ๐ข๐ญ ๐ฆ๐ฒ ๐ซ๐ž๐ช๐ฎ๐ข๐ซ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ?

-Yes. Customized requirements of multi-dimensional, deep-level, and high-quality can help our customers precisely grasp market opportunities, effortlessly confront market challenges, properly formulate market strategies and act promptly, thus winning them sufficient time and space for market competition.

- 20% customization.

- 5 Countries can be added as per your choice.

- 5 Companies can add as per your choice.

- Customization for up to 40 hours.

- After-sales support for 1 year from the date of delivery.

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:
Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having sales office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 57 countries worldwide. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

Contact Us:
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United States of America: + 12524771362
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Email: sales@coherentmarketinsights.com

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