Press release
Global Carbon Dioxide Market Projected to Reach USD 17.77 billion by 2034, Growing at a Robust CAGR of 5.2%
The carbon dioxide market size was valued at USD 10.7 billion in 2024. It is projected to grow to USD 17.77 billion by 2034, exhibiting a compound annual growth rate of 5.2% from 2025 to 2034.
๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:
Carbon dioxide is a chemical component that can be detected in the atmosphere. At room temperature, it is gas. It possesses one carbon atom and two oxygen atoms. When humans and animals breathe out, carbon dioxide is discharged. It is a greenhouse gas which is detected in moderate concentrations in Earth's ambiance. Dry ice is what it is when it is hardened. Human ventures donate carbon dioxide to the atmosphere. It is discharged when hydrocarbon fuels are ignited.
๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/carbon-dioxide-market/request-for-sample
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ:
โข Several reasons have contributed to the expansion of the carbon dioxide market in recent years. Among these is its extensive usage in several applications, fluctuating from food and beverage, medical applications, and enhanced oil recovery (EOR) to industrial procedures such as welding and cooling.
โข The market size will expand due to its usage in medicine, which is augmenting and stabilizing body apertures in the course of surgeries such as endoscopy, laparoscopy, and arthroscopy. This process improves clarity in the surgical area.
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
Here is the list of the leading companies operating in the market:
โข Air Liquide
โข Air Products and Chemicals, Inc.
โข Air Water Inc.
โข Gulf Cryo
โข Hunan Kaimeite Gases Co., Ltd.
โข India Glycols Limited
โข Linde PLC
โข Matheson Tri-Gas
โข Messer Group GmbH
โข Praxair, Inc.
โข SABIC
โข Sicgil India Limited
โข SOL Group
โข Taiyo Nippon Sanso Corporation
โข Yingde Gases Group Company
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐:
https://www.polarismarketresearch.com/industry-analysis/carbon-dioxide-market/inquire-before-buying
๐๐๐จ๐ ๐ซ๐๐ฉ๐ก๐ข๐๐๐ฅ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
Carbon Dioxide Market, Regional Outlook (Revenue - USD Billion, 2020-2034)
โข ๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐
โ Source Outlook
ยป Ethanol Production
ยป Natural Gas Processing
ยป Industrial Processes
ยป Fermentation
โ Applications Outlook
ยป Food & Beverages
ยป Enhanced Oil Recovery (EOR)
ยป Medical
ยป Industrial Processes
โ End User Outlook
ยป Oil & Gas
ยป Food & Beverage Industry
ยป Healthcare
ยป Chemicals
โข ๐๐ฎ๐ซ๐จ๐ฉ๐
โ Source Outlook
ยป Ethanol Production
ยป Natural Gas Processing
ยป Industrial Processes
ยป Fermentation
โ Applications Outlook
ยป Food & Beverages
ยป Enhanced Oil Recovery (EOR)
ยป Medical
ยป Industrial Processes
โ End User Outlook
ยป Oil & Gas
ยป Food & Beverage Industry
ยป Healthcare
ยป Chemicals
๐๐๐ซ๐๐จ๐ง ๐๐ข๐จ๐ฑ๐ข๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:
โข In terms of application, in 2024, the food & beverages segment held the largest share of the carbon dioxide market revenue due to the high demand for carbonation, chilling, and food preservation applications.
โข The natural gas processing segment, based on source, held the largest market share in 2024 due to its efficiency in producing high-purity carbon dioxide and abundant natural gas reserves.
โข In 2024, North America accounted for the largest share of the global carbon dioxide (CO2) market due to its strong oil & gas sector, widespread adoption of enhanced oil recovery (EOR) techniques, and significant investments in carbon capture technologies.
โข The Asia Pacific market is expected to witness the highest CAGR during the forecast period due to rapid industrialization, increasing demand for COโ in food and beverage processing, and growing adoption of greenhouse farming and carbon capture technologies in countries such as China and India.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐ก๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/press-releases/carbon-dioxide-co2-market
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The carbon dioxide market analysis is mainly based on source, application, end user, and region. Based on the source, the natural gas processing segment witnessed the fastest growth. The wealth of natural gas reserves and its economical extraction procedures render it the most extensively acquired source of carbon dioxide. It also has elevated yield and efficacy in generating commercial-grade carbon dioxide.
Moreover, according to the application, the food & beverages segment holds a significant revenue share. This emanates from its usage in carbonation, chilling and food preservation.
Carbon Dioxide Market, Source Outlook (Revenue - USD Billion, 2020-2034)
โข Ethanol Production
โข Natural Gas Processing
โข Industrial Processes
โข Fermentation
Carbon Dioxide Market, Applications Outlook (Revenue - USD Billion, 2020-2034)
โข Food & Beverages
โข Enhanced Oil Recovery (EOR)
โข Medical
โข Industrial Processes
Carbon Dioxide Market, End User Outlook (Revenue - USD Billion, 2020-2034)
โข Oil & Gas
โข Food & Beverage Industry
โข Healthcare
โข Chemicals
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Tool Steel Market:
https://www.polarismarketresearch.com/industry-analysis/tool-steel-market
Refrigerant Market:
https://www.polarismarketresearch.com/industry-analysis/refrigerant-market
Bio-Based Polymers Market:
https://www.polarismarketresearch.com/industry-analysis/bio-based-polymers-market
Glass Bonding Adhesives Market:
https://www.polarismarketresearch.com/industry-analysis/glass-bonding-adhesives-market
Pre-engineered Building Market:
https://www.polarismarketresearch.com/industry-analysis/pre-engineered-building-peb-market
๐๐จ๐ง๐ญ๐๐๐ญ:
Likhil G
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๐๐๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก & ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐๐ง๐:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
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