Carbon Dioxide Market Size, Share, Trends, Demand, Growth and Competitive Outlook
Carbon dioxide market size is valued at USD 10.50 billion by 2028 and is expected to grow at a compound annual growth rate of 3.50% for the forecast period of 2021 to 2028.

"Carbon Dioxide Market - Overview, Size, Share, Industry Trends and Opportunities

Global Carbon Dioxide Market, By Source (Hydrogen, Ethyl Alcohol, Ethylene Oxide, Substitute Natural Gas, Others), Delivery Mode (Centralized, Onsite), Production (Combustion, Biological), Application (Food and Beverages, Oil and Gas, Medical, Rubber, Fire Fighting, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028

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Carbon dioxide market size is valued at USD 10.50 billion by 2028 and is expected to grow at a compound annual growth rate of 3.50% for the forecast period of 2021 to 2028.  Data Bridge Market Research report on carbon dioxide market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.

 

**Segments**

- **Source:** The global carbon dioxide market can be segmented based on sources such as natural, synthetic, and others. Natural sources include volcanic eruptions and natural decomposition processes, whereas synthetic sources include industrial processes like fossil fuel combustion and cement production.
- **Delivery Mode:** The market can also be categorized by delivery mode, including liquid, gas, and solid forms of carbon dioxide. These forms find applications in various industries such as food and beverage, healthcare, and firefighting.
- **End-Use Industry:** Furthermore, the market can be divided based on end-use industries like oil and gas, food and beverage, medical, automotive, and agriculture. Each industry has specific requirements for carbon dioxide usage, from enhancing oil recovery to extending the shelf life of food products.

**Market Players**

- **Linde plc:** Linde plc is a key player in the global carbon dioxide market, providing a wide range of industrial gases, including carbon dioxide, for various applications across industries.
- **Air Products and Chemicals, Inc.:** Another major player, Air Products and Chemicals, Inc., offers carbon dioxide solutions for industries such as food processing, healthcare, and manufacturing.
- **Praxair, Inc.:** Praxair, Inc., is a prominent supplier of carbon dioxide for applications in environmental control, food chilling, and beverage carbonation.
- **Air Liquide:** Air Liquide is a leading provider of carbon dioxide and other gases, catering to industries like healthcare, aerospace, and metallurgy.
- **Messer Group:** Messer Group is a global player in the carbon dioxide market, offering solutions for industries such as welding, healthcare, and chemical processing.

The global carbon dioxide market is highly diversified, with key players focusing on innovation, strategic partnerships, and geographic expansion to gain a competitive edge in the market. As industries continue to rely on carbon dioxide for various applications, the market is expected to witness steady growth in the coming years. For more in-depth insights andThe global carbon dioxide market is currently witnessing significant growth due to the increasing demand from various industries such as food and beverage, healthcare, oil and gas, automotive, and agriculture. With an emphasis on sustainability and environmental regulations, the market players are focusing on developing innovative solutions to cater to the diverse needs of these industries. One of the key trends driving the market is the shift towards sustainable practices, leading to the adoption of carbon capture and utilization technologies. This trend is expected to boost the market growth as companies look for ways to reduce their carbon footprint while utilizing carbon dioxide in a more efficient manner.

Moreover, the food and beverage industry is a prominent consumer of carbon dioxide, utilizing it for applications such as carbonation in beverages, food preservation, and packaging. With the rising popularity of carbonated drinks and packaged food products, the demand for carbon dioxide in this sector is expected to grow steadily. Additionally, the healthcare industry utilizes carbon dioxide in various medical applications such as cryotherapy, minimally invasive surgeries, and respiratory therapies. The purity and quality of carbon dioxide are crucial in these applications, driving the need for reliable suppliers in the market.

Furthermore, the automotive industry is exploring the use of carbon dioxide as a refrigerant in air conditioning systems, aiming to reduce greenhouse gas emissions and comply with stringent regulations. This shift towards eco-friendly refrigerants presents significant opportunities for market players to expand their offerings and establish a strong presence in the automotive sector. Additionally, the oil and gas industry utilizes carbon dioxide in enhanced oil recovery (EOR) processes to increase oil production from mature wells. As the demand for oil continues to rise, the adoption of EOR techniques is expected to drive the demand for carbon dioxide in this sector.

In terms of geographic expansion, market players are focusing on emerging economies in regions such as Asia-Pacific and Latin America, where industrial growth and infrastructure development are creating new opportunities for the carbon dioxide market. Strategic partnerships and collaborations are also playing a crucial role in market growth, allowing companies to leverage each other**Segments**

- **Source:** The global carbon dioxide market can be segmented based on sources such as natural, synthetic, and others. Natural sources include volcanic eruptions and natural decomposition processes, whereas synthetic sources include industrial processes like fossil fuel combustion and cement production.
- **Delivery Mode:** The market can also be categorized by delivery mode, including liquid, gas, and solid forms of carbon dioxide. These forms find applications in various industries such as food and beverage, healthcare, and firefighting.
- **End-Use Industry:** Furthermore, the market can be divided based on end-use industries like oil and gas, food and beverage, medical, automotive, and agriculture. Each industry has specific requirements for carbon dioxide usage, from enhancing oil recovery to extending the shelf life of food products.

**Market Players**

- **Linde plc:** Linde plc is a key player in the global carbon dioxide market, providing a wide range of industrial gases, including carbon dioxide, for various applications across industries.
- **Air Products and Chemicals, Inc.:** Another major player, Air Products and Chemicals, Inc., offers carbon dioxide solutions for industries such as food processing, healthcare, and manufacturing.
- **Praxair, Inc.:** Praxair, Inc., is a prominent supplier of carbon dioxide for applications in environmental control, food chilling, and beverage carbonation.
- **Air Liquide:** Air Liquide is a leading provider of carbon dioxide and other gases, catering to industries like healthcare, aerospace

 

Countries Studied:

  1. North America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  2. Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  3. Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  4. Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Key Coverage in the Carbon Dioxide Market Report:

  • Detailed analysis of Carbon Dioxide Market by a thorough assessment of the technology, product type, application, and other key segments of the report
  • Qualitative and quantitative analysis of the market along with CAGR calculation for the forecast period
  • Investigative study of the market dynamics including drivers, opportunities, restraints, and limitations that can influence the market growth
  • Comprehensive analysis of the regions of the Carbon Dioxide industry and their futuristic growth outlook
  • Competitive landscape benchmarking with key coverage of company profiles, product portfolio, and business expansion strategies

TABLE OF CONTENTS

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Pipeline Analysis

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers and Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

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Carbon Dioxide Market Size, Share, Trends, Demand, Growth and Competitive Outlook
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