The carbon dioxide market size is anticipated to reach around US$ 20 bn by 2027 and growing at a noteworthy CAGR of 8% over the forecast period 2020 to 2027.
In various uses, carbon dioxide is used for instance inert gas in fire fighting, EOR, soda charcoaling and milk cooling and freezing uses. Increased R&D investment in advanced EOR and Carbon Capture and Storage (CCS) technologies has led to an rise in CO2 demand which is, in effect, projected to fuel industry growth in the coming years.
Market Insights
In the forecast period, there will be significant growth in the demand for carbon dioxide (CO2). Increasing the offshore player enhanced oil recovery operations is projected to fuel market demand in order to sustain their production rates. Developing market growth is expected to be driven by a growing use of carbon dioxide in applications such as cooling, food and drinks, chemical wholesaling and medicines. Rising demand for soft and carbonated beverages is a significant driver of industry development for the next 9 years. The high cost of capturing and liquefying carbon dioxide and of transport is projected to be the primary limiting factor in market development. Regarding the increase in carbon dioxide supply and resulting decline in prices from several possible outlets, it is likely that now the expansion of the demand will be impeded.
Report coverage
The market research study on “Carbon Dioxide Market (By Type: Liquid Carbon Dioxide, Solid Carbon Dioxide, Gaseous Carbon Dioxide; By Application: Food & Beverages, Oil & Gas, Medical, Rubber, Fire Fighting, Others) - Global Industry, Analysis, Market Size, Opportunities and Forecast, 2020 - 2027” offers detailed insights on the global carbon dioxide market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report also provides competitive landscape to understand the current stance of particular player. The report provides insights on global carbon dioxide market are type, application and major geographic regions. The carbon dioxide market analysis is provided for major regional markets including North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. For each region, the market size for different segments has been covered under the scope of report.
In 2019, the dominant regional demand was projected in North America. The main participating countries are the U.S. and Canada. Across the oil and gas sectors, CO2 carbon is commonly used for increased oil recovery. The gas is injected into the oil production pipes under high pressure and drives the oil through the top of the ground through these pipes. The use of CO2 gas simplifies oil flow and reduces the oil viscosity. The growth rate of the carbon dioxide demand in Asia Pacific is further analyzed in dividing the field into countries such as Australia and New Zealand, Japan , India, Vietnam, Thailand , South Korea, Indonesia , China and the rest of the Asia Pacific region like Taiwan. Indonesia is expected to increase oil and gas consumption due to various factors like population growth, solid economy and power, increased reliance on petroleum products, and increased investment by market players. The increased petroleum and gas activities in the Middle East and Africa are expected to boost demand for a range of technologies, including EOR and Improved Oil Recovery (Ior). Furthermore, the growing demand for oil and gas worldwide will stimulate regional market expansion which will support the growth of the sector.
Key Players
The competitive landscape in the carbon dioxide industry analysis report offers extensive information on the major players in the carbon dioxide sector. Different viewpoints have been widely explored for influential players on the carbon dioxide market, including product portfolio, technical advances, primary differential approaches and other finances. Major players included in this report The Linde Group, Universal Industrial Gases, Inc., Air Products and Chemicals, Inc., Airgas, Inc., Continental Carbonic Products, Inc., INOX Air Products Ltd., Praxair, Inc., Air Liquide, Matheson Tri-Gas, Inc., Sicgil India Limited, and others.
The global carbon dioxide market is segmented as below:
Market Segmentation
Carbon Dioxide Market By Type
- Liquid Carbon Dioxide
- Solid Carbon Dioxide
- Gaseous Carbon Dioxide
Carbon Dioxide Market By Application
- Food & Beverages
- Oil & Gas
- Medical
- Rubber
- Fire Fighting
- Others
Carbon Dioxide Market By Geography
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Carbon Dioxide
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Carbon Dioxide Market By Type
1.2.2.1. Global Carbon Dioxide Market Revenue and Growth Rate Comparison By Type (2020-2027)
1.2.2.2. Global Carbon Dioxide Market Revenue Share By Type in 2019
1.2.2.2.1. Liquid Carbon Dioxide
1.2.2.2.2. Solid Carbon Dioxide
1.2.2.2.3. Gaseous Carbon Dioxide
1.2.3. Carbon Dioxide Market By Application
1.2.3.1. Food & Beverages
1.2.3.2. Oil & Gas
1.2.3.3. Medical
1.2.3.4. Rubber
1.2.3.5. Fire Fighting
1.2.3.6. Others
1.2.4. Carbon Dioxide Market By Geography
1.2.4.1. Global Carbon Dioxide Market Revenue and Growth Rate Comparison by Geography (2020-2027)
1.2.4.2. North America Carbon Dioxide Market Revenue and Growth Rate(2020-2027)
1.2.4.3. Europe Carbon Dioxide Market Revenue and Growth Rate(2020-2027)
1.2.4.4. Asia-Pacific Carbon Dioxide Market Revenue and Growth Rate(2020-2027)
1.2.4.5. Latin America Carbon Dioxide Market Revenue and Growth Rate(2020-2027)
1.2.4.6. Middle East and Africa (MEA) Carbon Dioxide Market Revenue and Growth Rate(2020-2027)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2019
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Pure Cashmere Major Manufacturers in 2019
3.2. Manufacturing Plants Distribution of Global Pure Cashmere Major Manufacturers in 2019
3.3. R&D Status and Technology Source of Global Pure Cashmere Major Manufacturers in 2019
3.4. Raw Materials Sources Analysis of Global Pure Cashmere Major Manufacturers in 2019
CHAPTER 4. CARBON DIOXIDE MARKET BY TYPE
4.1. Global Pure Cashmere Revenue By Type
4.2. Liquid Carbon Dioxide
4.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.3. Solid Carbon Dioxide
4.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.4. Gaseous Carbon Dioxide
4.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 5. CARBON DIOXIDE MARKET BY APPLICATION
5.1. Global Pure Cashmere Revenue By Application
5.2. Food & Beverages
5.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.3. Oil & Gas
5.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.4. Medical
5.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.5. Rubber
5.5.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.6. Fire Fighting
5.6.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.6.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.7. Others
5.7.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.7.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 6. NORTH AMERICA CARBON DIOXIDE MARKET BY COUNTRY
6.1. North America Carbon Dioxide Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.2. North America Carbon Dioxide Market Revenue Share Comparison, 2020 & 2027 (%)
6.3. U.S.
6.3.1. U.S. Carbon Dioxide Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
6.3.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
6.4. Canada
6.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
6.4.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 7. EUROPE CARBON DIOXIDE MARKET BY COUNTRY
7.1. Europe Carbon Dioxide Market Revenue and Growth Rate, 2020 - 2027 ($Million)
7.2. Europe Carbon Dioxide Market Revenue Share Comparison, 2020 & 2027 (%)
7.3. UK
7.3.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
7.3.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
7.4. Germany
7.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
7.4.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
7.5. France
7.5.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
7.5.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
7.6. Spain
7.6.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
7.6.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
7.7. Rest of Europe
7.7.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
7.7.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 8. ASIA-PACIFIC CARBON DIOXIDE MARKET BY COUNTRY
8.1. Asia-Pacific Carbon Dioxide Market Revenue and Growth Rate, 2020 - 2027 ($Million)
8.2. Asia-Pacific Carbon Dioxide Market Revenue Share Comparison, 2020 & 2027 (%)
8.3. China
8.3.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.3.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.4. Japan
8.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.4.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.5. India
8.5.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.5.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.6. Australia
8.6.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.6.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.7. South Korea
8.7.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.7.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.8. Rest of Asia-Pacific
8.8.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.8.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 9. LATIN AMERICA CARBON DIOXIDE MARKET BY COUNTRY
9.1. Latin America Carbon Dioxide Market Revenue and Growth Rate, 2020 - 2027 ($Million)
9.2. Latin America Carbon Dioxide Market Revenue Share Comparison, 2020 & 2027 (%)
9.3. Brazil
9.3.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
9.3.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
9.4. Mexico
9.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
9.4.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
9.5. Rest of Latin America
9.5.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
9.5.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 10. MIDDLE EAST & AFRICA CARBON DIOXIDE MARKET BY COUNTRY
10.1. Middle East & Africa Carbon Dioxide Market Revenue and Growth Rate, 2020 - 2027 ($Million)
10.2. Middle East& Africa Carbon Dioxide Market Revenue Share Comparison, 2020 & 2027 (%)
10.3. GCC
10.3.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
10.3.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
10.4. South Africa
10.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
10.4.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
10.5. Rest of Middle East & Africa
10.5.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
10.5.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 11. COMPANY PROFILE
11.1. The Linde Group
11.1.1. Company Snapshot
11.1.2. Overview
11.1.3. Financial Overview
11.1.4. Product Portfolio
11.1.5. Key Developments
11.1.6. Strategies
11.2. Universal Industrial Gases, Inc.
11.2.1. Company Snapshot
11.2.2. Overview
11.2.3. Financial Overview
11.2.4. Product Portfolio
11.2.5. Key Developments
11.2.6. Strategies
11.3. Air Products and Chemicals, Inc.
11.3.1. Company Snapshot
11.3.2. Overview
11.3.3. Financial Overview
11.3.4. Product Portfolio
11.3.5. Key Developments
11.3.6. Strategies
11.4. Airgas, Inc.
11.4.1. Company Snapshot
11.4.2. Overview
11.4.3. Financial Overview
11.4.4. Product Portfolio
11.4.5. Key Developments
11.4.6. Strategies
11.5. Continental Carbonic Products, Inc.
11.5.1. Company Snapshot
11.5.2. Overview
11.5.3. Financial Overview
11.5.4. Product Portfolio
11.5.5. Key Developments
11.5.6. Strategies
11.6. INOX Air Products Ltd
11.6.1. Company Snapshot
11.6.2. Overview
11.6.3. Financial Overview
11.6.4. Product Portfolio
11.6.5. Key Developments
11.6.6. Strategies
11.7. Praxair, Inc
11.7.1. Company Snapshot
11.7.2. Overview
11.7.3. Financial Overview
11.7.4. Product Portfolio
11.7.5. Key Developments
11.7.6. Strategies
11.8. Air Liquide
11.8.1. Company Snapshot
11.8.2. Overview
11.8.3. Financial Overview
11.8.4. Product Portfolio
11.8.5. Key Developments
11.8.6. Strategies
11.9. Matheson Tri-Gas, Inc.
11.9.1. Company Snapshot
11.9.2. Overview
11.9.3. Financial Overview
11.9.4. Product Portfolio
11.9.5. Key Developments
11.9.6. Strategies
11.10. Sicgil India Limited
11.10.1. Company Snapshot
11.10.2. Overview
11.10.3. Financial Overview
11.10.4. Product Portfolio
11.10.5. Key Developments
11.10.6. Strategies
11.11. Others
11.11.1. Company Snapshot
11.11.2. Overview
11.11.3. Financial Overview
11.11.4. Product Portfolio
11.11.5. Key Developments
11.11.6. Strategies
CHAPTER 12. RESEARCH APPROACH
12.1. Research Methodology
12.1.1. Initial Data Search
12.1.2. Secondary Research
12.1.3. Primary Research
12.2. Assumptions and Scope