Global Dry Ice Market Growth 2025-2031

Global Dry Ice Market Growth 2025-2031

The global Dry Ice market size is predicted to grow from US$ 973 million in 2025 to US$ 1333 million in 2031; it is expected to grow at a CAGR of 5.4% from 2025 to 2031.

The Dry Ice market covers Food Grade, Industry Grade, etc. The typical players include Linde, Air Liquide, Messer Group, SOL Group, Taiyo Nippon Sanso, etc. Dry ice is the solid form of carbon dioxide. It is colourless, odourless, non-flammable, and slightly acidic. Dry ice made by liquid CO2 to which is expanded to produce CO2 snow and then compressing it into conveniently sized dry ice blocks and pellets. Dry ice is mainly used for food preservation, machine blast cleaning and other fields.

Global Dry Ice key players include Linde, Messer Group, Air Liquide, Taiyo Nippon Sanso, etc. Global top four manufacturers hold a share about 60%.

APAC is the largest market, with a share about 50%, followed by Europe, and Americas, both have a share about 55 percent.

In terms of product, Food Grade is the largest segment, with a share over 80%. And in terms of application, the largest application is Food and Beverage, followed by Industrial Cleaning, Entertainment Industrial, etc.

LP Information, Inc. (LPI) ' newest research report, the “Dry Ice Industry Forecast” looks at past sales and reviews total world Dry Ice sales in 2024, providing a comprehensive analysis by region and market sector of projected Dry Ice sales for 2025 through 2031. With Dry Ice sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Dry Ice industry.

This Insight Report provides a comprehensive analysis of the global Dry Ice landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Dry Ice portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Dry Ice market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Dry Ice and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Dry Ice.

This report presents a comprehensive overview, market shares, and growth opportunities of Dry Ice market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Food Grade
Industrial Grade

Segmentation by Application:
Food and Beverage
Industrial Cleaning
Entertainment Industrial
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Linde
Air Liquide
Messer Group
SOL Group
Taiyo Nippon Sanso
Polar Ice
Air Products (ACP)
Hunan Kaimeite Gases

Key Questions Addressed in this Report

What is the 10-year outlook for the global Dry Ice market?

What factors are driving Dry Ice market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Dry Ice market opportunities vary by end market size?

How does Dry Ice break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.