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Global Carbon Dioxide Market Projected to Reach USD 17.77 billion by 2034, Growing at a Robust CAGR of 5.2%

01-30-2025 06:56 AM CET | Chemicals & Materials

Press release from: Polaris Market Research & Consulting

Global Carbon Dioxide Market Projected to Reach USD 17.77

๐‚๐š๐ซ๐›๐จ๐ง ๐ƒ๐ข๐จ๐ฑ๐ข๐๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ:

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.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ž๐Ÿ๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:

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.

๐†๐ž๐ญ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/carbon-dioxide-market/request-for-sample

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ:

โ€ข 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.
โ€ข 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.

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

Here is the list of the leading companies operating in the market:

โ€ข Air Liquide
โ€ข Air Products and Chemicals, Inc.
โ€ข Air Water Inc.
โ€ข Gulf Cryo
โ€ข Hunan Kaimeite Gases Co., Ltd.
โ€ข India Glycols Limited
โ€ข Linde PLC
โ€ข Matheson Tri-Gas
โ€ข Messer Group GmbH
โ€ข Praxair, Inc.
โ€ข SABIC
โ€ข Sicgil India Limited
โ€ข SOL Group
โ€ข Taiyo Nippon Sanso Corporation
โ€ข Yingde Gases Group Company

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐ฆ๐จ๐ซ๐ž ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž:
https://www.polarismarketresearch.com/industry-analysis/carbon-dioxide-market/inquire-before-buying

๐†๐ž๐จ๐ ๐ซ๐š๐ฉ๐ก๐ข๐œ๐š๐ฅ ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž:

Carbon Dioxide Market, Regional Outlook (Revenue - USD Billion, 2020-2034)
โ€ข ๐๐จ๐ซ๐ญ๐ก ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š
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

โ€ข ๐„๐ฎ๐ซ๐จ๐ฉ๐ž
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

๐‚๐š๐ซ๐›๐จ๐ง ๐ƒ๐ข๐จ๐ฑ๐ข๐๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:

โ€ข 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.
โ€ข 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.
โ€ข 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.
โ€ข 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.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐“๐ก๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/press-releases/carbon-dioxide-co2-market

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

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)
โ€ข Ethanol Production
โ€ข Natural Gas Processing
โ€ข Industrial Processes
โ€ข Fermentation

Carbon Dioxide Market, Applications Outlook (Revenue - USD Billion, 2020-2034)
โ€ข Food & Beverages
โ€ข Enhanced Oil Recovery (EOR)
โ€ข Medical
โ€ข Industrial Processes

Carbon Dioxide Market, End User Outlook (Revenue - USD Billion, 2020-2034)
โ€ข Oil & Gas
โ€ข Food & Beverage Industry
โ€ข Healthcare
โ€ข Chemicals

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

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

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:
Likhil G
8 The Green Ste 19824,
Dover, DE 19901,
United States
Phone: +1-929 297-9727
Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
Follow Us: LinkedIn | Twitter

๐€๐›๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก & ๐‚๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐ˆ๐ง๐œ:

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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