Europe Carbon Dioxide Market Size, Share & Trends Analysis Report By Application, By Form, By Source (Ethyl Alcohol, Hydrogen, Ethylene Oxide, Substitute Natural Gas, and Others), By Country and Growth Forecast, 2023 - 2030

Europe Carbon Dioxide Market Size, Share & Trends Analysis Report By Application, By Form, By Source (Ethyl Alcohol, Hydrogen, Ethylene Oxide, Substitute Natural Gas, and Others), By Country and Growth Forecast, 2023 - 2030


The Europe Carbon Dioxide Market would witness market growth of 4.6% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 3,376.67 kilo tonnes, showcasing a growth of 2.0% (2019-2022).

One primary use of gaseous CO2 is in the food and beverage industry for carbonation, where it is injected into beverages like soda and beer to create the desired level of effervescence. Additionally, gaseous CO2 is utilized in food processing and packaging to extend the shelf life of perishable goods by creating a modified atmosphere that inhibits microbial growth and oxidation. Its inert nature makes it ideal for displacing oxygen and maintaining product freshness without altering taste or texture. Therefore, the Germany Market would consume 395.64 Kilo Tonnes in the market in 2030.

The Germany market dominated the Europe Carbon Dioxide Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $602.5 Million by 2030. The UK market is exhibiting a CAGR of 3.7% during (2023 - 2030). Additionally, The France market would experience a CAGR of 5.4% during (2023 - 2030).

Advances in carbon storage and sequestration technologies enable the safe and permanent storage of CO2 underground, preventing its release into the atmosphere. Innovations in geological storage methods, monitoring techniques, and regulatory frameworks enhance the reliability and effectiveness of carbon sequestration projects. Carbon capture and storage (CCS) initiatives are crucial in decarbonizing industrial processes, power generation, and other emission-intensive activities.

Moreover, a circular economy promotes the reuse, recycling, and repurposing of materials, including CO2, to minimize waste and maximize resource efficiency. Innovations in carbon recycling leverage CO2 as a feedstock for producing renewable fuels, chemicals, plastics, and building materials. Circular economy concepts guide the development of closed-loop technologies that reduce carbon emissions and support sustainable resource management.

The food and beverage industry in the UK relies heavily on CO2 for carbonation, particularly in producing carbonated beverages. As per the data from the Government of the United Kingdom regarding gross value added (GVA), beverages were the largest manufacturing category, with a value of £6.5 billion in 2021. It contributed 21.4% to the total food and drink manufacturing GVA. As per the Eurostat, 2020 revealed a substantial presence of 291,000 food and beverage (F&B) processing enterprises in the European Union (EU), constituting 14.1% of all manufacturing enterprises. Therefore, the region’s growing food and beverage sector drives the market’s growth.

Based on Application, the market is segmented into Food & Beverages, Oil & Gas, Medical, Rubber, Firefighting, and Others. Based on Form, the market is segmented into Liquid, Gas, and Solid. Based on Source, the market is segmented into Ethyl Alcohol, Hydrogen, Ethylene Oxide, Substitute Natural Gas, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled
  • SOL Group
  • India Glycols Limited
  • Gulf Cryo
  • Linde plc
  • Ellenbarrie Industrial Gases Limited
  • Taiyo Nippon Sanso Corporation (Mitsubishi Chemical Holdings)
  • Dubai Industrial Gas (Al Mana Group)
  • Buzwair Industrial Gases Factories (Buzwair Group)
  • Messer SE & Co. KGaA (Messer Industrie GmbH)
  • Acail Gas (Acail Group)
Europe Carbon Dioxide Market Report Segmentation

By Application (Volume, kilo Tonnes, USD Billion, 2019-2030)
  • Food & Beverages
  • Oil & Gas
  • Medical
  • Rubber
  • Firefighting
  • Others
By Form (Volume, kilo Tonnes, USD Billion, 2019-2030)
  • Liquid
  • Gas
  • Solid
By Source (Volume, kilo Tonnes, USD Billion, 2019-2030)
  • Ethyl Alcohol
  • Hydrogen
  • Ethylene Oxide
  • Substitute Natural Gas
  • Others
By Country (Volume, kilo Tonnes, USD Billion, 2019-2030)
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe


Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Carbon Dioxide Market, by Application
1.4.2 Europe Carbon Dioxide Market, by Form
1.4.3 Europe Carbon Dioxide Market, by Source
1.4.4 Europe Carbon Dioxide Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Opportunities
3.2.3 Market Restraints
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis
Chapter 4. Strategies Deployed in Carbon Dioxide Market
Chapter 5. Europe Carbon Dioxide Market by Application
5.1 Europe Food & Beverages Market by Country
5.2 Europe Oil & Gas Market by Country
5.3 Europe Medical Market by Country
5.4 Europe Rubber Market by Country
5.5 Europe Firefighting Market by Country
5.6 Europe Others Market by Country
Chapter 6. Europe Carbon Dioxide Market by Form
6.1 Europe Liquid Market by Country
6.2 Europe Gas Market by Country
6.3 Europe Solid Market by Country
Chapter 7. Europe Carbon Dioxide Market by Source
7.1 Europe Ethyl Alcohol Market by Country
7.2 Europe Hydrogen Market by Country
7.3 Europe Ethylene Oxide Market by Country
7.4 Europe Substitute Natural Gas market by Country
7.5 Europe Others Market by Country
Chapter 8. Europe Carbon Dioxide Market by Country
8.1 Germany Carbon Dioxide Market
8.1.1 Germany Carbon Dioxide Market by Application
8.1.2 Germany Carbon Dioxide Market by Form
8.1.3 Germany Carbon Dioxide Market by Source
8.2 UK Carbon Dioxide Market
8.2.1 UK Carbon Dioxide Market by Application
8.2.2 UK Carbon Dioxide Market by Form
8.2.3 UK Carbon Dioxide Market by Source
8.3 France Carbon Dioxide Market
8.3.1 France Carbon Dioxide Market by Application
8.3.2 France Carbon Dioxide Market by Form
8.3.3 France Carbon Dioxide Market by Source
8.4 Russia Carbon Dioxide Market
8.4.1 Russia Carbon Dioxide Market by Application
8.4.2 Russia Carbon Dioxide Market by Form
8.4.3 Russia Carbon Dioxide Market by Source
8.5 Spain Carbon Dioxide Market
8.5.1 Spain Carbon Dioxide Market by Application
8.5.2 Spain Carbon Dioxide Market by Form
8.5.3 Spain Carbon Dioxide Market by Source
8.6 Italy Carbon Dioxide Market
8.6.1 Italy Carbon Dioxide Market by Application
8.6.2 Italy Carbon Dioxide Market by Form
8.6.3 Italy Carbon Dioxide Market by Source
8.7 Rest of Europe Carbon Dioxide Market
8.7.1 Rest of Europe Carbon Dioxide Market by Application
8.7.2 Rest of Europe Carbon Dioxide Market by Form
8.7.3 Rest of Europe Carbon Dioxide Market by Source
Chapter 9. Company Profiles
9.1 SOL Group
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional Analysis
9.1.4 Recent strategies and developments:
9.1.4.1 Partnerships, Collaborations, and Agreements:
9.1.4.2 Geographical Expansions:
9.1.5 SWOT Analysis
9.2 India Glycols Limited
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 SWOT Analysis
9.3 Gulf Cryo
9.3.1 Company Overview
9.3.2 Recent strategies and developments:
9.3.2.1 Partnerships, Collaborations, and Agreements:
9.3.2.2 Geographical Expansions:
9.3.3 SWOT Analysis
9.4 Linde PLC
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.6 SWOT Analysis
9.5 Ellenbarrie Industrial Gases Limited
9.5.1 Company Overview
9.5.2 SWOT Analysis
9.6 Taiyo Nippon Sanso Corporation (Mitsubishi Chemical Group Corporation)
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental Analysis
9.6.4 Research & Development Expenses
9.6.5 SWOT Analysis
9.7 Dubai Industrial Gas (Al Mana Group)
9.7.1 Company Overview
9.8 Buzwair Industrial Gases Factories (Buzwair Group)
9.8.1 Company Overview
9.9 Messer SE & Co. KGaA (Messer Industrie GmbH)
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Regional Analysis
9.9.4 Recent strategies and developments:
9.9.4.1 Geographical Expansions:
9.9.5 SWOT Analysis
9.10. Acail Gas (Acail Group)
9.10.1 Company Overview

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