Global Carbon Dioxide Market: Industry Analysis and Forecast 2021-2027: By Type, Source, Application and Region.

Global Carbon Dioxide Market is anticipated to reach US$ 10.5 Bn by 2027 from US$ 7.9 Bn in 2019 at a CAGR of 4.1% during a forecast period.

Global Carbon Dioxide Market Overview

Carbon dioxide is a greenhouse gas, which is essential for the Earth's ecology and can be recovered from flue gases, as a by-product of hydrogen production for ammonia synthesis, limekilns, and a variety of other sources. The market has been gradually rising over the past few years, thanks to increased demand from metal production and fabrication, food and packaging, oil and gas, and other industrial sectors. In 2020, China was the world's greatest CO2 emitter that is 28 percent of global CO2 emissions, followed by the United States 16 percent, and India 6 percent. Global Carbon Dioxide Market To know about the Research Methodology :- Request Free Sample Report The report has covered the market trends from 2015 to forecast the market through 2027. Where 2019 is considered a base year to forecast the market from 2021 to 2027. However, 2020’s market size is estimated on real numbers and outputs of the key players and major players across the globe.

Global Carbon Dioxide Market Dynamics

One of the major driving factors in the carbon dioxide market is the growing demand for carbonated beverages. The overall growth of the carbonated beverages market is expected to be driven by the continued growth of the younger population in developing countries of the globe. Similarly, the growing popularity of sugar-free or low-sugar soft drinks is expected to increase demand for the beverages, helping in the growth of the carbon dioxide market. Additionally, increased R&D investments in advanced technologies such as EOR and Carbon Capture and Storage have increased CO2 demand. In addition, the use of cryogenic solutions in high-quality food processing is gaining traction, owing to the rising demand for food security and protection. To increase the refrigeration value of food items, liquefied carbon dioxide is increasingly being utilized in cryogenic freezing and chilling applications, particularly for beef, poultry, and baked goods. As a result, demand for cryogenic freezing in food processing applications is expected to grow, boosting carbon dioxide demand. Global Carbon Dioxide MarketRestraints: One of the major challenges experienced by carbon dioxide manufacturers is the Green House Gases regulation in various regions. One of the main reasons for such severe rules is because regulatory bodies in various regions are working to reduce carbon emissions by 2050. Breaching these rules is likely to result in prolonged carbon dioxide production halts during the forecast period. Besides, for major participants, energy has been the most expensive component in the processing and sale of carbon dioxide. Electricity, natural gas, and diesel fuel are the primary energy sources for the production and delivery of carbon dioxide. These energy efficiency and cost remain a major concern for market participants. Trends: Carbon dioxide producers are capturing, purifying, liquefying, and storing carbon dioxide using advanced carbon capture and storage technology. Carbon capture and storage works by capturing carbon dioxide at its source and transferring it to a storage location. It is a technology that collects about 90% of carbon dioxide emissions produced by the usage of fossil fuels in power generation and industrial operations. CCS technologies provide an effective way for absorbing carbon dioxide and preventing it from entering the atmosphere. Cosmetic surgical methods employ CO2 instead of Botox and skin fillers, according to statistics collected from the gas world. The treatment is called carboxytherapy, and it involves injecting CO2 into the skin by a qualified expert to improve skin texture, open pores, and eliminate fat cells. Liquid carbon dioxide and dry ice are used to remove undesirable skin, which helps the liquid carbon dioxide market grow.

Global Carbon Dioxide Market Segmentation Analysis

By Application, Food & beverage is the largest application segment with a revenue share of over 41% in 2019, and it is expected to grow at the quickest CAGR over the forecast period. It has been widely used in the production of carbonated drinks, which is driving the segment's growth during the forecast period. Oil and gas are expected to grow at the highest rate in the carbon dioxide market, with a CAGR of 5.3 percent during the forecast period. Carbon dioxide utilization is extremely likely to give potential benefits for improved oil recovery in the oil and gas sector, according to the statistical data gathered.

Global Carbon Dioxide Market Regional Insights

In 2019, North America had the highest revenue share, accounting for more than 41% of total revenue. Carbon dioxide is frequently used in the food and beverage, as well as the oil and gas industries in the region. The U.S. is witnessing increased consumption of food-grade and beverage-grade carbon dioxide from the food and beverage sectors. Furthermore, the United States and Canada have a high number of CO2-based EOR projects, which is expected to fuel market growth in the region. Global Carbon Dioxide MarketThe Asia Pacific has a moderate share of the global market in 2019, due to rising consumer demand in developing countries. Increasing carbon dioxide demand from metal manufacturing and fabrication, as well as ongoing operations linked to highly marketable oil and gas projects, is expected to drive market growth in the Asia Pacific region during the forecast period. China's market grew by 3.4 percent in 2020. In comparison to other carbon dioxide processing companies across the world, Chinese producers have larger manufacturing facilities.

Global Carbon Dioxide Market Scope: Inquire before buying

Global Carbon Dioxide Market

Global Carbon Dioxide Market by Region

• North America • Asia pacific • Europe • Middle East and Africa • South America

Global Carbon Dioxide Market Key Players

Air Liquide Air Products, Inc.MesserAir Water Inc • Taiyo Nippon Sanso Corp • Linde plc • Gulf Cryo • SOL Spa • Reliant Gases • India Glycols Limited • Praxair Inc. • NGK Spark Plug Co Ltd. • Oxair, Air Products and Chemicals Inc. • Yingde Gas Group Co. Ltd. • Messer Group • Core Industrial Gases • Supagas • AMCS Corporation • BOC UK • Altex

Frequently Asked Questions

1. What is the projected market size & growth rate of the Global Carbon Dioxide Market? Ans- Global Carbon Dioxide Market was valued at USD 7.9 billion in 2019 and is projected to reach USD 10.5 billion by 2027, growing at a CAGR of 4.1% during the forecast period. 2. What are the key driving factors for the growth of the Global Carbon Dioxide Market? Ans- One of the major driving factors in the carbon dioxide market is the growing demand for carbonated beverages. Similarly, the growing popularity of sugar-free or low-sugar soft drinks is expected to increase demand for the beverages, helping in the growth of the carbon dioxide market. 3. Which region accounted for the largest Global Carbon Dioxide Market share? Ans- In 2019, North America had the highest revenue share, accounting for more than 41% of total revenue. 4. What makes the Asia Pacific a Lucrative Market for Global Carbon Dioxide Market? Ans- The Asia Pacific has a moderate share of the global market in 2019, due to rising consumer demand in developing countries. 5. What are the top players operating in the Global Carbon Dioxide Market? Ans- Linde plc, Air Liquide, Air Products, Inc., Messer, Taiyo Nippon Sanso Corp, Air Water Inc, Gulf Cryo, and SOL Spa.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Carbon Dioxide Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2019 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Carbon Dioxide Market 3.4. Geographical Snapshot of the Carbon Dioxide Market , By Manufacturer share 4. Global Carbon Dioxide Market Overview, 2019-2027 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Carbon Dioxide Market 5. Supply Side and Demand Side Indicators 6. Global Carbon Dioxide Market Analysis and Forecast, 2019-2027 6.1. Global Carbon Dioxide Market Size & Y-o-Y Growth Analysis. 7. Global Carbon Dioxide Market Analysis and Forecasts, 2019-2027 7.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 7.1.1. Liquid 7.1.2. Solid 7.1.3. Gas 7.2. Market Size (Value) Estimates & Forecast By Source, 2019-2027 7.2.1. Hydrogen 7.2.2. Ethyl Alcohol 7.2.3. Ethylene Oxide 7.2.4. Substitute Natural Gas 7.2.5. Others 7.3. Market Size (Value) Estimates & Forecast By Application, 2019-2027 7.3.1. Food & beverages 7.3.2. Oil & Gas 7.3.3. Medical 7.3.4. Rubber 7.3.5. Fire Fighting 7.3.6. Others 8. Global Carbon Dioxide Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2019-2027 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Carbon Dioxide Market Analysis and Forecasts, 2019-2027 9.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 9.1.1. Liquid 9.1.2. Solid 9.1.3. Gas 9.2. Market Size (Value) Estimates & Forecast By Source, 2019-2027 9.2.1. Hydrogen 9.2.2. Ethyl Alcohol 9.2.3. Ethylene Oxide 9.2.4. Substitute Natural Gas 9.2.5. Others 9.3. Market Size (Value) Estimates & Forecast By Application, 2019-2027 9.3.1. Food & beverages 9.3.2. Oil & Gas 9.3.3. Medical 9.3.4. Rubber 9.3.5. Fire Fighting 9.3.6. Others 10. North America Carbon Dioxide Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2019-2027 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Carbon Dioxide Market Analysis and Forecasts, 2019-2027 11.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 11.2. Market Size (Value) Estimates & Forecast By Source, 2019-2027 11.3. Market Size (Value) Estimates & Forecast By Application, 2019-2027 12. Canada Carbon Dioxide Market Analysis and Forecasts, 2019-2027 12.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 12.2. Market Size (Value) Estimates & Forecast By Source, 2019-2027 12.3. Market Size (Value) Estimates & Forecast By Application, 2019-2027 13. Mexico Carbon Dioxide Market Analysis and Forecasts, 2019-2027 13.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 13.2. Market Size (Value) Estimates & Forecast By Source, 2019-2027 13.3. Market Size (Value) Estimates & Forecast By Application, 2019-2027 14. Europe Carbon Dioxide Market Analysis and Forecasts, 2019-2027 14.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 14.2. Market Size (Value) Estimates & Forecast By Source, 2019-2027 14.3. Market Size (Value) Estimates & Forecast By Application, 2019-2027 15. Europe Carbon Dioxide Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2019-2027 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Carbon Dioxide Market Analysis and Forecasts, 2019-2027 16.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 16.2. Market Size (Value) Estimates & Forecast By Source, 2019-2027 16.3. Market Size (Value) Estimates & Forecast By Application, 2019-2027 17. France Carbon Dioxide Market Analysis and Forecasts, 2019-2027 17.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 17.2. Market Size (Value) Estimates & Forecast By Source, 2019-2027 17.3. Market Size (Value) Estimates & Forecast By Application, 2019-2027 18. Germany Carbon Dioxide Market Analysis and Forecasts, 2019-2027 18.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 18.2. Market Size (Value) Estimates & Forecast By Source, 2019-2027 18.3. Market Size (Value) Estimates & Forecast By Application, 2019-2027 19. Italy Carbon Dioxide Market Analysis and Forecasts, 2019-2027 19.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 19.2. Market Size (Value) Estimates & Forecast By Source, 2019-2027 19.3. Market Size (Value) Estimates & Forecast By Application, 2019-2027 20. Spain Carbon Dioxide Market Analysis and Forecasts, 2019-2027 20.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 20.2. Market Size (Value) Estimates & Forecast By Source, 2019-2027 20.3. Market Size (Value) Estimates & Forecast By Application, 2019-2027 21. Sweden Carbon Dioxide Market Analysis and Forecasts, 2019-2027 21.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 21.2. Market Size (Value) Estimates & Forecast By Source, 2019-2027 21.3. Market Size (Value) Estimates & Forecast By Application, 2019-2027 22. CIS Countries Carbon Dioxide Market Analysis and Forecasts, 2019-2027 22.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 22.2. Market Size (Value) Estimates & Forecast By Source, 2019-2027 22.3. Market Size (Value) Estimates & Forecast By Application, 2019-2027 23. Rest of Europe Carbon Dioxide Market Analysis and Forecasts, 2019-2027 23.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 23.2. Market Size (Value) Estimates & Forecast By Source, 2019-2027 23.3. Market Size (Value) Estimates & Forecast By Application, 2019-2027 24. Asia Pacific Carbon Dioxide Market Analysis and Forecasts, 2019-2027 24.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 24.2. Market Size (Value) Estimates & Forecast By Source, 2019-2027 24.3. Market Size (Value) Estimates & Forecast By Application, 2019-2027 25. Asia Pacific Carbon Dioxide Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2019-2027 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Carbon Dioxide Market Analysis and Forecasts, 2019-2027 26.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 26.2. Market Size (Value) Estimates & Forecast By Source, 2019-2027 26.3. Market Size (Value) Estimates & Forecast By Application, 2019-2027 27. India Carbon Dioxide Market Analysis and Forecasts, 2019-2027 27.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 27.2. Market Size (Value) Estimates & Forecast By Source, 2019-2027 27.3. Market Size (Value) Estimates & Forecast By Application, 2019-2027 28. Japan Carbon Dioxide Market Analysis and Forecasts, 2019-2027 28.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 28.2. Market Size (Value) Estimates & Forecast By Source, 2019-2027 28.3. Market Size (Value) Estimates & Forecast By Application, 2019-2027 29. South Korea Carbon Dioxide Market Analysis and Forecasts, 2019-2027 29.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 29.2. Market Size (Value) Estimates & Forecast By Source, 2019-2027 29.3. Market Size (Value) Estimates & Forecast By Application, 2019-2027 30. Australia Carbon Dioxide Market Analysis and Forecasts, 2019-2027 30.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 30.2. Market Size (Value) Estimates & Forecast By Source, 2019-2027 30.3. Market Size (Value) Estimates & Forecast By Application, 2019-2027 31. ASEAN Carbon Dioxide Market Analysis and Forecasts, 2019-2027 31.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 31.2. Market Size (Value) Estimates & Forecast By Source, 2019-2027 31.3. Market Size (Value) Estimates & Forecast By Application, 2019-2027 32. Rest of Asia Pacific Carbon Dioxide Market Analysis and Forecasts, 2019-2027 32.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 32.2. Market Size (Value) Estimates & Forecast By Source, 2019-2027 32.3. Market Size (Value) Estimates & Forecast By Application, 2019-2027 33. Middle East Africa Carbon Dioxide Market Analysis and Forecasts, 2019-2027 33.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 33.2. Market Size (Value) Estimates & Forecast By Source, 2019-2027 33.3. Market Size (Value) Estimates & Forecast By Application, 2019-2027 34. Middle East Africa Carbon Dioxide Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2019-2027 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Carbon Dioxide Market Analysis and Forecasts, 2019-2027 35.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 35.2. Market Size (Value) Estimates & Forecast By Source, 2019-2027 35.3. Market Size (Value) Estimates & Forecast By Application, 2019-2027 36. GCC Countries Carbon Dioxide Market Analysis and Forecasts, 2019-2027 36.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 36.2. Market Size (Value) Estimates & Forecast By Source, 2019-2027 36.3. Market Size (Value) Estimates & Forecast By Application, 2019-2027 37. Egypt Carbon Dioxide Market Analysis and Forecasts, 2019-2027 37.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 37.2. Market Size (Value) Estimates & Forecast By Source, 2019-2027 37.3. Market Size (Value) Estimates & Forecast By Application, 2019-2027 38. Nigeria Carbon Dioxide Market Analysis and Forecasts, 2019-2027 38.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 38.2. Market Size (Value) Estimates & Forecast By Source, 2019-2027 38.3. Market Size (Value) Estimates & Forecast By Application, 2019-2027 39. Rest of ME&A Carbon Dioxide Market Analysis and Forecasts, 2019-2027 39.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 39.2. Market Size (Value) Estimates & Forecast By Source, 2019-2027 39.3. Market Size (Value) Estimates & Forecast By Application, 2019-2027 40. South America Carbon Dioxide Market Analysis and Forecasts, 2019-2027 40.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 40.2. Market Size (Value) Estimates & Forecast By Source, 2019-2027 40.3. Market Size (Value) Estimates & Forecast By Application, 2019-2027 41. South America Carbon Dioxide Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2019-2027 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Carbon Dioxide Market Analysis and Forecasts, 2019-2027 42.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 42.2. Market Size (Value) Estimates & Forecast By Source, 2019-2027 42.3. Market Size (Value) Estimates & Forecast By Application, 2019-2027 43. Argentina Carbon Dioxide Market Analysis and Forecasts, 2019-2027 43.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 43.2. Market Size (Value) Estimates & Forecast By Source, 2019-2027 43.3. Market Size (Value) Estimates & Forecast By Application, 2019-2027 44. Rest of South America Carbon Dioxide Market Analysis and Forecasts, 2019-2027 44.1. Market Size (Value) Estimates & Forecast By Type, 2019-2027 44.2. Market Size (Value) Estimates & Forecast By Source, 2019-2027 44.3. Market Size (Value) Estimates & Forecast By Application, 2019-2027 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Carbon Dioxide Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Messer 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.4. Linde plc 45.5. Air Liquide 45.6. Air Products, Inc. 45.7. Messer 45.8. Taiyo Nippon Sanso Corp 45.9. Air Water Inc 45.10. Gulf Cryo 45.11. SOL Spa 45.12. Reliant Gases 45.13. India Glycols Limited 45.14. Praxair Inc. 45.15. NGK Spark Plug Co Ltd. 45.16. Oxair, Air Products and Chemicals Inc. 45.17. Yingde Gas Group Co. Ltd. 45.18. Messer Group 45.19. Core Industrial Gases 45.20. Supagas 45.21. AMCS Corporation 45.22. BOC UK 45.23. Altex 46. Primary Key Insights

About This Report

Report ID115526
Category Energy & Power
Published DateAug 2021
Updated Date
Contact Us