Global Carbon Dioxide Market 2024-2028

Global Carbon Dioxide Market 2024-2028

The carbon dioxide market is forecasted to grow by USD 2.12 bn during 2023-2028, accelerating at a CAGR of 4.48% during the forecast period. The report on the carbon dioxide market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for CO2 in oil and gas industry, increasing number of applications in food and beverages industry, and development of advanced carbon capturing and storage technologies.

Technavio's carbon dioxide market is segmented as below:

By Technology

• Combustion
• Biological

By Application

• Enhanced oil recovery
• Food and beverages
• Precipitated calcium carbonate
• Others

By Geographical Landscape

• APAC
• North America
• Europe
• Middle East and Africa
• South America

This study identifies the increase in r and d activities for new applications as one of the prime reasons driving the carbon dioxide market growth during the next few years. Also, increasing adoption of carboxytherapy and rising use of CO2 to support climate goals will lead to sizable demand in the market.

The report on the carbon dioxide market covers the following areas:

• Carbon dioxide market sizing
• Carbon dioxide market forecast
• Carbon dioxide market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading carbon dioxide market vendors that include Air Liquide SA, Air Products and Chemicals Inc., Axcel Gases, BASF SE, Buzwair Group, Chengdu Taiyu industrial Gases Co. Ltd., Ellenbarrie Industrial Gases Ltd., Gulf Cryo Holding CSC, Jinhong Gas Co. Ltd., Messer SE and Co. KGaA, Mitsubishi Chemical Group Corp., Pavan Industrial Gases Pvt. Ltd., Praxair Technology Inc., Reliant Gases, Salasar Carbonics Pvt. Ltd., SOL Spa, Steelman Gases Pvt. Ltd., The Linde Group, Universal Industrial Gases Inc., and Westfalen AG. Also, the carbon dioxide market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.