Press release
GCC Liquid Carbon Dioxide Market | Expanding Demand Across Food & Industrial Sectors | Major Companies - Linde plc, Hunan Kaimeite Gases, Continental Carbonic Products, Inc, Taiyo Nippon Sanso Corporation, SOL Group, Ras Gas
GCC liquid carbon di-oxide market reached US$ 334.8 million in 2022 and is expected to reach US$ 667.4 million by 2030, growing with a CAGR of 9.0% during the forecast period 2024-2031.The GCC Liquid Carbon Di-Oxide Market report by DataM Intelligence provides comprehensive insights and analysis on key market trends, growth opportunities, and emerging challenges. With a commitment to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. By combining qualitative and quantitative research methodologies, the firm delivers in-depth reports that help clients navigate complex market dynamics, drive strategic growth, and seize new opportunities in an ever-evolving global landscape.
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GCC Liquid Carbon Di-Oxide Market Landscape Analysis :
Liquid carbon dioxide (CO2) is the liquefied form of carbon dioxide gas, typically stored under high pressure and low temperature. It is widely used in industries for applications such as refrigeration, food and beverage carbonation, fire suppression, and chemical processing. In the food industry, it helps in flash freezing and preserving freshness, while in manufacturing, it's used for cleaning and inerting. Its non-toxic, non-flammable nature makes liquid CO2 a versatile and efficient industrial resource.
GCC Liquid Carbon Di-Oxide Market: Shifting Industry Trends and Market Potential
➤ In June 2023, Saudi Aramco signed a three-year agreement with Weatherford to expand oil well drilling operations, which is expected to boost demand for liquid CO2 used in well stimulation.
➤ In December 2022, a pilot project involving SEC, KAUST, ENOWA, and NEOM began capturing 30 tonnes of CO2 daily using cryogenic carbon capture at the Green Duba ISCC plant, with the collected liquid CO2 aimed at e-fuels and food-grade applications.
Strategic Players Driving the GCC Liquid Carbon Di-Oxide Market Forward
Linde plc, Hunan Kaimeite Gases, Continental Carbonic Products, Inc, Taiyo Nippon Sanso Corporation, SOL Group, Ras Gas, Gulf Cryo, Kuwait Oxygen and Acetylene Company (KOAC) , Dubai Industrial Gases (DIG) and Buzwair Industrial Gases.
Research Methodology:
The global GCC Liquid Carbon Di-Oxide Market research report employs a comprehensive dual-source approach, integrating both primary and secondary data collection methods to ensure robust market analysis. Our research framework systematically evaluates multiple industry-influencing variables, including regulatory frameworks and government policies, prevailing market conditions, competitive intensity levels, historical performance data, current market positioning, technological innovations and disruptions, emerging industry developments, cross-sector business impacts, market volatility patterns, growth prospects, potential market barriers, and strategic challenges facing industry participants.
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Segment Covered in the GCC Liquid Carbon Di-Oxide Market:
By Grade: Food Grade Liquid Carbon Di-Oxide, Medical Grade Liquid Carbon Di-Oxide, Industrial Grade Liquid Carbon Di-Oxide
By Application: Food and Beverages, Oil and Gas, Chemicals, Electronics, Pharmaceuticals, Agriculture, Others
Regional Analysis for GCC Liquid Carbon Di-Oxide Market:
⇥ Middle East (Saudi Arabia, U.A.E., Oman, Kuwait, Bahrain, Qatar)
Most Frequently Asked Questions in the GCC Liquid Carbon Di-Oxide Market Research Industry:
➠ Who leads the GCC Liquid Carbon Di-Oxide industry and what's their competitive positioning regarding capacity, performance, and profitability?
➠ What growth opportunities and market challenges do GCC Liquid Carbon Di-Oxide market vendors face?
➠ Which segments show the highest growth potential and market share distribution?
➠ What factors are driving or limiting GCC Liquid Carbon Di-Oxide market growth?
➠ What are the dominant sales and distribution strategies in the GCC Liquid Carbon Di-Oxide industry?
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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