The latest research report by Polaris Market Research provides a thorough analysis of a rapidly growing market. It covers all the key market aspects, including Carbon Dioxide Market share, size, drivers, trends, and major developments. Also, it offers market forecasts at the national, regional, and global levels. An in-depth analysis of market segments, along with an examination of the market performance across major regions and sub-regions, has been included in the study. The report provides insights into strategic developments to help stakeholders devise effective operating strategies.
The report includes a thorough value chain analysis to help readers gain crucial information on the outbound and inbound market logistics. Additionally, a thorough examination of key market participants addressing diverse consumer needs has been provided in the study. It further covers the emerging market trends and opportunities market participants can capitalize on. Pictorial representations, including charts, tables, and graphs, have been provided to help readers comprehend the key stats and other data easily.
Global Carbon Dioxide Market size and share is currently valued at USD 10.67 billion in 2024 and is anticipated to generate an estimated revenue of USD 17.77 billion by 2034, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 5.2% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2025 – 2034
Market Dynamics:
This section of the research report sheds light on the evolution of the market, covering how market participants are responding to technological shifts. The impact of the shifting market landscape and globalization has been provided in the study. Also, all the key factors driving Carbon Dioxide market growth have been covered.
The report covers major market trends and opportunities market participants can capitalize on. Additionally, it presents crucial information on market restraints and challenges and how businesses can navigate them. Furthermore, an analysis of technological advancements and regulatory shifts and their impact on market demand has been included in the study.
Competitive Landscape:
This section of the research report offers insights into the competitive landscape of the market. It analyzes the Carbon Dioxide market key players, covering all the key aspects such as company overview, financials, and market potential. Besides, other factors such as manufacturing facilities and production capacities, have been detailed in the study. The report uses key methodologies such as Porter’s Five Forces Analysis and SWOT analysis to examine the competitive forces in the market. All the major market developments, including acquisitions, mergers, and partnerships, have been covered in the report.
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A few of the key players operating in the market are:
- Air Liquide
- Air Products and Chemicals, Inc.
- Air Water Inc.
- Gulf Cryo
- Hunan Kaimeite Gases Co., Ltd.
- India Glycols Limited
- Linde PLC
- Matheson Tri-Gas
- Messer Group GmbH
- Praxair, Inc.
- SABIC
- Sicgil India Limited
- SOL Group
- Taiyo Nippon Sanso Corporation
- Yingde Gases Group Company
Market Segmentation:
The carbon dioxide market is segmented based on source, application, delivery method, and geography. Sources include natural wells, combustion processes, fermentation, and chemical reactions. Applications span food & beverages (carbonated drinks, food preservation), medical (respiratory therapy, anesthesia), industrial (welding, enhanced oil recovery), and agriculture (greenhouse cultivation). Delivery methods include cylinders, bulk transportation, and pipeline supply. Geographically, the market is divided into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa, with North America and Asia-Pacific holding significant market shares due to industrial demand and carbon capture initiatives.
Carbon Dioxide Market, Source Outlook (Revenue – USD Billion, 2020-2034)
- Ethanol Production
- Natural Gas Processing
- Industrial Processes
- Fermentation
Carbon Dioxide Market, Applications Outlook (Revenue – USD Billion, 2020-2034)
- Food & Beverages
- Enhanced Oil Recovery (EOR)
- Medical
- Industrial Processes
Carbon Dioxide Market, End User Outlook (Revenue – USD Billion, 2020-2034)
- Oil & Gas
- Food & Beverage Industry
- Healthcare
- Chemicals
The research methodology involves the collection of crucial data and information by expert analysts. The collected data is then carefully filtered to offer an accurate and reliable Carbon Dioxide market analysis. The primary research technique involves interviews with leading market participants to make it both practical and relevant. Besides, secondary research has been included to provide insights into the demand and supply connection. Publicly available data sources such as annual reports and white papers have also been used to provide an insightful market analysis.
Industry Developments:
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October 2022: ArcelorMittal, in collaboration with Mitsubishi Heavy Industries (MHI), BHP, and Mitsubishi Development, launched a pilot carbon capture unit at its steel plant in Ghent, Belgium. This initiative, which began in 2022, aims to advance carbon capture technology within the steel industry.
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April 2023: Linde signed a long-term agreement with ExxonMobil for the off-take of carbon dioxide from its new clean hydrogen production facility in Beaumont, Texas. Under the agreement, ExxonMobil will transport and permanently store up to 2.2 million metric tons of CO₂ annually from Linde’s operations.
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December 2023: Air Liquide announced plans to build, own, and operate a world-scale carbon capture unit in Rotterdam, the Netherlands, utilizing its Cryocap technology. The unit, installed at Air Liquide’s hydrogen production plant, will be connected to Porthos, one of Europe’s largest carbon capture and storage (CCS) infrastructures.
Top Features of Carbon Dioxide Market Report:
• In-depth market analysis covering all the key market aspects
• Historical, current, and projected market size in terms of value and volume
• Detailed market segmentation covering all the major market segments
• Thorough examination of major market developments
• Assessment of the product offerings of market players and their operating strategies
• Includes classification of potential new clients or partners in the target demographic
Key Questions Answered in Report:
• What are the key market growth drivers?
• What are the market projections considering production value and capacity?
• What will be the impact of strategic developments on market growth?
• Who are the Carbon Dioxide market key players?
• What are the major market trends that can be used to maximize revenue?
• Which research methodologies have been used while prepearing the research report?
• Who could benefit from the research report?
Carbon Dioxide market research report provides an in-depth analysis by covering all the major market aspects. All the stats and information presented in the study go through a multi-step verification method to ensure accuracy and reliability. The report is a must-read for policymakers, suppliers, stakeholders, and anyone involved or interested in the market.
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