Report Scope & Overview:
Carbon Dioxide Market Size was valued at USD 3.93 billion in 2022 and is expected to reach USD 6.76 billion by 2030, and grow at a CAGR of 7% over the forecast period 2023-2030. Carbon dioxide is a greenhouse gas that is necessary for the Earth's ecology and can be collected from flue gases, the production of hydrogen for ammonia synthesis, limekilns, and other sources. Thanks to increased demand from metal manufacturing and fabrication, oil and gas, food and packaging, and other related industries, the industry has been steadily growing for the past half-decade. Thanks to increased demand from metal manufacturing and fabrication, oil and gas, and food and packaging, other related industries, the industry has been steadily growing for the past half-decade.
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In the oil and gas industry, enhanced oil recovery (EOR) is used.
Concerns transportation issues
The rising prominence of Precipitated Calcium Carbonate (PCC) manufacturing.
In cryogenic freezing and cooling applications, liquid carbon dioxide is used.
Impact of covid-19:
The coronavirus 2019 (COVID 19, or SARS-CoV-2) pandemic, which began in December 2019, has had an extraordinary impact in most nations throughout the world and continues to pose a threat to human lives. Human health and national economy have suffered as a result of COVID-19 and tight lockdown measures. These restrictions have helped to improve air quality, water quality, and the ozone layer while also lowering greenhouse gas emissions. This analysis looked at the effects of COVID-19 lockout measures on annual carbon emissions globally, concentrating on 47 highly affected countries and their 105 cities by December 2020, Satellite products for soil moisture active passive (SMAP) Level 4 carbon (SMAP LC4). While the lockdown measures reduced carbon emissions globally, the reduction was only temporary in some countries and localities because they were not implemented for extended times in 2020. The total carbon emissions of 184 nations were lowered by 438 Mt in 2020 compared to 2019. Because global economic activity is likely to gradually recover to pre-COVID-19 levels, the drop in carbon emissions experienced during the pandemic will not be long-term sustainable. Concerned authorities must make major efforts to reform global transportation, climatic, and environmental policies that drive carbon emissions if they are to be sustainable.
By Source Types
Substitute Natural Gas
By Application Types
Food & Beverages
Oil & Gas
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Because the United States and Canada are the region's primary contributors, North America leads the carbon dioxide market. Due to rapidly rising end-use industries such as food and beverage and medical in emerging countries, as well as the growing consumption of carbon dioxide in this region, Asia-Pacific is predicted to increase at high rate from 2023 to 2030.
Individual market affecting elements and changes in market legislation that impact present and future market trends are also discussed in the nation portion of the carbon dioxide market study. The presence of a significant number of oil refineries and food and beverage companies is fuelling consumer demand in North America. After North America, China is the second-largest generator of carbon dioxide. Market players in the nation have large production capacities and advanced production equipment. Europe is also a major carbon dioxide emitter. Linde Group and Air Liquide, for example, have a strong presence in the region.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
Air Liquide, Greco Gas Inc., Messer Group, SOL Group, Strandmøllen A/S, Acail Gás, Air Products and Chemicals Inc., Linde AG, Sicgil India Limited, Taiyo Nippon Sanso Corporation, and other Players.
Air Liquide-Company Financial Analysis
|Market Size in 2022||USD 3.93 Billion|
|Market Size by 2030||USD 6.76 Billion|
|CAGR||CAGR of 7% From 2023 to 2030|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Source Types (Hydrogen, Ethyl Alcohol, Ethylene Oxide, Substitute Natural Gas)
• By Application Types (Food & Beverages, Oil & Gas, Medical, Rubber, Fire Fighting)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Air Liquide, Greco Gas Inc., Messer Group, SOL Group, Strandmøllen A/S, Acail Gás, Air Products and Chemicals Inc., Linde AG, Sicgil India Limited, Taiyo Nippon Sanso Corporation, and other Players.|
|DRIVERS||• In the oil and gas industry, enhanced oil recovery (EOR) is used.|
|RESTRAINTS||• Concerns transportation issues|
Ans: Key stakeholders considered in the study:
Raw material vendors
regulatory authorities, including government agencies and NGO
commercial research & development (r&d) institutions
importers and exporters
government organizations, research organizations, and consulting firms
end-use industries are the stakeholder of this report.
Ans: Air Liquide, Greco Gas Inc., Messer Group, SOL Group, Strandmøllen A/S, Acail Gás, Air Products and Chemicals Inc., Linde AG, Sicgil India Limited, Taiyo Nippon Sanso Corporation are the major key players of Carbon Dioxide Market.
Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.
Ans: Air Liquide, Greco Gas Inc., Messer Group, SOL Group, Strandmøllen A/S, Acail Gás, Air Products and Chemicals Inc., Linde AG, Sicgil India Limited and Taiyo Nippon Sanso Corporation
Ans: Global Carbon Dioxide Market Size was valued at USD 3.68 billion in 2021, and expected to reach USD 5.90 billion by 2028, and grow at a CAGR of 7 % over the forecast period 2022-2028.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
22.214.171.124 United Kingdom
126.96.36.199 South Korea
188.8.131.52 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Carbon Dioxide Market segment, by Source Types
8.2 Ethyl Alcohol
8.3 Ethylene Oxide
8.4 Substitute Natural Gas
9. Global Carbon Dioxide Market segment, By Application Types
9.1 Food & Beverages
9.2 Oil & Gas
9.5 Fire Fighting
10. Regional Analysis
10.2 North America
10.3.6 The Netherlands
10.3.7 Rest of Europe
10.4.2 South Korea
10.4.6 Rest of Asia-Pacific
10.5 The Middle East & Africa
10.5.3 South Africa
10.6 Latin America
10.6.3 Rest of Latin America
11. Company Profiles
11.1 Acail Gás
11.1.2 Products/ Services Offered
11.1.3 SWOT Analysis
11.1.4 The SNS view
11.2 Air Liquide
11.3 Air Products and Chemicals, Inc.
11.4 Greco Gas Inc.
11.5 Linde AG
11.6 Messer Group
11.7 Sicgil India Limited
11.8 SOL Group
11.9 Strandmøllen A/S
11.10 Taiyo Nippon Sanso Corporation
12. Competitive Landscape
12.1 Competitive Benchmark
12.2 Market Share analysis
12.3 Recent Developments
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Step 1: Secondary Research:
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