Global Carbon Monoxide Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Carbon monoxide is a colorless, tasteless, and odorless gas. It is soluble in water, ethanol. benzene, acetic acid, chloroform, ammonia solution, and ethyl acetate. Primarily, it is produced by the steam reforming natural gas method. whereas, it can also be produced through dehydration of formic acid with sulfuric acid, incomplete combustion of carbonaceous materials, their action of carbon and oxygen at elevated temperatures, and reduction of carbon dioxide over hot coke. Moreover, carbon monoxide is used in a combination with several other gases such as nitrogen, hydrogen, methane, and carbon-di-oxide in order to provide fuel gas called syngas, which is further adopted as a substitute for natural gas. The product finds its major use in the metal, chemical, and electronics industries.
Market Overview:
The latest research study on the global Carbon Monoxide market finds that the global Carbon Monoxide market reached a value of USD 2866.61 million in 2022. It’s expected that the market will achieve USD 3337.69 million by 2028, exhibiting a CAGR of 2.57% during the forecast period.
Key Companies in the global Carbon Monoxide market covered in Chapter 3:
Linde
Air Products
Air Liquide
Yingde Gases
Messer
In Chapter 4 and Chapter 14.2, on the basis of types, the Carbon Monoxide market from 2018 to 2029 is primarily split into:
Commercial Grade Carbon Monoxide
Electronic Grade Carbon Monoxide
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Carbon Monoxide market from 2018 to 2029 covers:
Chemical Industry
Metal Industry
Electronic Industry
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook