MarkNtel Advisors recently published a detailed industry analysis of the Carbon Dioxide Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Carbon Dioxide Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030
The Carbon Dioxide Market is estimated to grow at a CAGR of around 4.87% during the forecast period, i.e., 2025-30.
Key Findings in Carbon Dioxide Market:
- Historical Analysis: 2020–2023
- Base Year: 2024
- Forecast Period: 2025–2030
Leading Market Players- Air Liquide S.A, Air Products and Chemicals, Linde Plc, Taiyo Nippon Sanso, Messer Group, Strandmøllen A / S, Yara International ASA, BASF, Air Water Group, and Reliance Industries Ltd., Others
Key Highlights of the Report
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
What are the major Driver the Carbon Dioxide industry?
Soaring Usage of Carbon Dioxide in the Food & Beverage Industry- Over the past few years, the global population has significantly risen and has surged the requirements for food & beverage products. According to the United Nations, in 2022, the world population reached approximately 8 billion. Moreover, developing countries in the Asia-Pacific, like India, China, etc., are undergoing urbanization & industrialization due to the evolution plans such as China's 14th Five-Year Plan (2021-2025), India's Atal Mission for Rejuvenation and Urban Transformation (AMRUT) 2.0, etc., laid down by their governments.
As a result, the working population in these countries is significantly increasing. According to the Ministry of State Labour, in 2021, the employment rate in India increased to approximately 52.9%. This increase in the office-going population is resulting in a rise in demand for processed food & beverage products across the globe. Thus, to cater to this rising demand for food & beverages, the companies such as Coca-Cola, Goya Foods, etc., are expanding their food production capacity by setting up manufacturing units in different countries.
- In 2023, ITC, a leading player in the FMCG sector, inaugurated its manufacturing unit worth USD54.76 million in India to expand its production capacity for processed food products.
The CO2 is essential in food & beverage manufacturing units for various purposes such as carbonation, Freezing & Cooling, pH control, etc. Thus, the setup of new food & beverage manufacturing units across the globe to cater to the growing demand for food & beverage is driving the Global Carbon Dioxide Market.
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What segments define the Carbon Dioxide Market from 2025 to 2030? How do these segments contribute to market dynamics and growth?
By Source
- Hydrogen- Market Size & Forecast 2020-2030, Thousand Tons
- Ethyl Alcohol- Market Size & Forecast 2020-2030, Thousand Tons
- Ethylene Oxide- Market Size & Forecast 2020-2030, Thousand Tons
- Substitute Natural Gas- Market Size & Forecast 2020-2030, Thousand Tons
- Others- Market Size & Forecast 2020-2030, Thousand Tons
According to report, Of them all, Hydrogen held the major share of the Global Carbon Dioxide Market during the historical years.
By Form
- Solid- Market Size & Forecast 2020-2030, Thousand Tons
- Liquid- Market Size & Forecast 2020-2030, Thousand Tons
- Gas- Market Size & Forecast 2020-2030, Thousand Tons
By Application
- Food & Beverage- Market Size & Forecast 2020-2030, Thousand Tons
- Chemical Manufacturing- Market Size & Forecast 2020-2030, Thousand Tons
- Oil & Gas- Market Size & Forecast 2020-2030, Thousand Tons
- Medical - Market Size & Forecast 2020-2030, Thousand Tons
- Metal Fabrication- Market Size & Forecast 2020-2030, Thousand Tons
- Firefighting- Market Size & Forecast 2020-2030, Thousand Tons
- Others- Market Size & Forecast 2020-2030, Thousand Tons
According to report, The chemical industry, i.e., projected to rapidly expand in the coming years, especially in bulk petrochemicals, organics, plastic resins, inorganic chemicals, specialty chemicals, etc.
Explore the Complete Carbon Dioxide Market Analysis Report – https://www.marknteladvisors.com/research-library/carbon-dioxide-market.html
Geographical Analysis: Carbon Dioxide Market
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Key Questions Addressed in This Study
- What are the primary factors driving the growth of the Carbon Dioxide Market?
- How is the Carbon Dioxide Market expected to evolve over the next five years?
- What key insights can be drawn from current trends shaping the market?
- What is the current market size, and how is it forecasted to change in the coming years?
- What is the future outlook for the market in terms of technological innovation and geographic expansion?
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Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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