Industrial Carbon Dioxide Market 2022-2031
New Study Reports “Industrial Carbon Dioxide Market 2022 Global Analysis By Key Regions, Production, Consumption, Revenue, Applications, Growth and Forecasts 2031” has been Added on PersistenceMarketResearch.
Report Details:
This report provides in depth study of “Industrial Carbon Dioxide Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Industrial Carbon Dioxide Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.
The global industrial carbon dioxide market is estimated to expand at a CAGR of around 3% over the forecast period of 2022-2031.
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Demand for industrial carbon dioxide is steadily rising from key industries such as oil & gas and food & beverages across various regions. Chemical industries have seen significant growth in the past few years, and are expected to maintain this pace over the coming years as well.
Growing demand for application of carbon dioxide in fire suppression and cooling sectors is also expected to drive market growth substantially through the forecast period of 2021-2031. East Asia, Asia Pacific, and North America are major markets for industrial carbon dioxide.
Key Players:
The report has profiled some of the important players prevalent in the global like – Abdullah Hashim Industrial & Equipment Co, Bristol Gases – Concorde Corodex Group, Dubai Industrial Gases, Mohsin Haider Darwish LLC, Ellenbarrie Industrial Gases Ltd., Matheson Tri-Gas Inc., Sicgil India Limited, and Air Products and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Industrial Carbon Dioxide Market.
Key Takeaways from Market Study
- Industrial carbon dioxide is widely used in industries such oil & gas for enhanced oil recovery from production wells, which has become a very important aspect for various industries due to fluctuating oil.
- This gas has numerous applications in the food & beverage industry for the carbonation of soft drinks, and the storage of frozen food in the food processing industry. Due to rising consumption of ready-to-cook and convenient food, demand for industrial carbon dioxide is parallelly rising.
- Owing to its chemical properties, industrial carbon dioxide is used in the manufacture of urea, which, in turn, is used to make fertilizers. Due to rise in population and urbanization, demand for agricultural products is surging, thereby driving the use of industrial carbon dioxide.
- Being a versatile chemical compound, it has key applications in some of the major industries such as metal welding, and is also used in the automotive industry for MAG welding.
- Consumption of industrial carbon dioxide, especially in Asia Pacific countries such as China, India, and South Korea, among others, is expected to grow at an above-average rate during the forecast period.
- Due to increased rate of vaccination drives during the ongoing COVID-19 crisis, usage of dry ice for the storage of vaccines has given industrial carbon dioxide manufacturers a huge boost.
“Demand for carbon dioxide as a cooling agent is expected to be majorly driven by the dry ice sector, as it is required for the safe storage and transport of mRNA vaccines, especially in the U.S., Germany, and U.K.,” says a Persistence Market Research analyst.
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Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
Industrial Carbon Dioxide Market Manufacturers
Industrial Carbon Dioxide Market Distributors/Traders/Wholesalers
Industrial Carbon Dioxide Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Industrial Carbon Dioxide Market – Report Highlights
- A detailed overview of parent market of Industrial Carbon Dioxide Market
- Changing Industrial Carbon Dioxide Market dynamics in the industry
- In-depth segmentation of the Industrial Carbon Dioxide Market
- Historical, current, and projected Industrial Carbon Dioxide Market size regarding volume and value
- Recent industry trends and developments in Industrial Carbon Dioxide Market
- Competitive landscape of the Industrial Carbon Dioxide Market
- Strategies for key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on Industrial Carbon Dioxide Market performance
- Must-have information for Industrial Carbon Dioxide Market players to sustain and enhance their market footprint
Key Questions Answered in the Industrial Carbon Dioxide Market Report
How is the Industrial Carbon Dioxide Market expected to grow over the projected period?
What direction is the Industrial Carbon Dioxide Market expected to take in terms of volume and value during the forecast period?
What is the impact of macroeconomic factors on the Industrial Carbon Dioxide Market in future?
What are the key market drivers in the Industrial Carbon Dioxide Market?
What are significant opportunities and improvement areas for Industrial Carbon Dioxide Market manufacturers?
What are the key developments and trends taking over the Industrial Carbon Dioxide Market?
Which are the emerging countries that are expected to create significant growth opportunities in the Industrial Carbon Dioxide Market?
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