Carbon Dioxide Market | Global Industry Size, Share, Analysis Report, 2035 | ChemAnalyst

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Carbon Dioxide Market is Expected to Grow at a
CAGR of 6.50 by 2035 ChemAnalyst
According to ChemAnalyst report, Carbon Dioxide
Market Analysis Plant Capacity, Production,
Operating Efficiency, Process, Technology, Demand
Supply, End-User Industries, Distribution
Channel, Regional Demand, 2015- 2035. Carbon
Dioxide market witnessed a demand of 230 million
tonnes globally in 2021 and is anticipated to
grow with a healthy CAGR of 6.50 until 2035
owing to growing utilization of Carbon Dioxide
in end-user industries such as food beverages,
medical, oil gas, rubber, water treatment, fire
extinguisher, others. Carbon Dioxide is
produced during fermentation of high carbon
compound which is toxic at low concentration.
Carbon Dioxide is odorless compound which is
soluble in water. Commercially, it is obtained
as a byproduct in fertilizer (Ammonia)
industries which is further used as raw material
for urea manufacturing. Carbon Dioxide utilized
as gas and dry ice which is further used for
various downstream applications such as
refrigerant, carbonation which is used for
preserving food to prolonge the freshness and
kill micro-organism. Read Full Report Here
https//www.chemanalyst.com/industry-report/carbon
- dioxide-market-630
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Carbon Dioxide produced by various processes
involve combustion of fuel, vacuum swing
adsorption, steam reforming of methane,
Haber-Bosch process. Food grade Carbon Dioxide
comes from production of hydrogen from natural
gas which is widely used in carbonation of
beverages. Carbon Capture Storage technique
(CCS) is used to recover carbon dioxide from
different emissions source such as chemical
petrochemical industries, power plants, steel
industries which limits greenhouse gas to
entering environment. Carbon Dioxide find
application in refrigerants, metal fabrication,
carbonation, water treatment, enhance oil
recovery, food processing, pharmaceuticals. It is
used to modify packaging and control temperature
of food products. It is used to reduce the pH
content in wastewater. Carbon Dioxide is also
used in enhance oil recovery where it is injected
in oil gas to increase production rate. Carbon
Dioxide is primarily used in food beverages
industry for carbonation of beverages. Rise in
demand for packaged food coupled with growing
beverage industry across globe is anticipated to
push the demand of Carbon Dioxide through
2035. Major driving factor include the surging
demand from food beverages industry as liquid
carbon dioxide is used in soft drinks and dry ice
used to maintain the freshness of food products
during storage and transportation at different
locations. Sample Request https//www.chemanalys
t.com/ChemAnalyst/RequestForm Region wise, North
America holds the maximum demand share of Carbon
Dioxide having consumption of more than 48 in
the region. Rise in demand in food processing
sector in the developing North America region is
likely to fuel the market for Carbon Dioxide in
the forecast period. APAC Europe holds the
second and third largest share of Carbon Dioxide
in terms of demand. Major players operating in
Carbon Dioxide market include Sicgil India
Limited, Sinopec, Shanxi International Energy
Group, Toshiba Energy System Solution
Corporation, Messer Group GmbH, Linde Plc,
ExxonMobil Corporation, Occidental Petroleum,
Air Products Chemicals, Saudi Aramco, Abu Dhabi
National Oil Company, Air Liquide S.A, Praxair
Inc and Others.
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Carbon Dioxide is recognized as an extremely
used chemical, that is utilized in most of the
chemical industries. Hence, its broad range
industrial manufacturing applications are
anticipated to propel the Carbon Dioxide market
growth in the forecast period. Rapid growth is
witnessed in industries such as, food
beverages, medical, oil gas, water treatment,
and rubber. Owing to wide applications of Carbon
Dioxide, rising demand is projected to drive its
market growth over the forecast period and offer
various openings for manufacturers to expand
their capacities and cater to the rising demand
- supply gap in future. said Mr. Karan Chechi,
Research Director with TechSci Research, a
research based global management consulting firm
promoting ChemAnalyst.
Report Scope In this report, Carbon Dioxide
market has been segmented into following
categories, in addition to the industry trends
which have also been detailed below
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Attribute Details
Market size volume by 2021 230 million tonnes
Market size volume by 2035 520 million tonnes
Growth Rate CAGR of 6.5 from 2022 to 2035
Base year for estimation 2021
Historic Data 2015 2020
Forecast period 2023 2035
Quantitative units Demand in Million Tonnes and CAGR from 2022 to 2035
Report coverage Revenue forecast, demand supply, competitive analysis, competitive landscape, growth factors, and trends
Segments covered End-Use (Food Beverages, Medical, Oil Gas, Rubber and Others) Sales Channel (Direct Company Sale, Indirect Sales) Technology
Regional scope North America Europe Asia Pacific South America Middle East Africa
Country scope United States Mexico Canada China India Japan South Korea Taiwan Singapore Germany France United Kingdom Spain Italy Saudi Arabia Iran South Africa Brazil Argentina
Key companies profiled Sicgil India Limited, Sinopec, Shanxi International Energy Group, Toshiba Energy System Solution Corporation, Messer Group GmbH, Linde Plc, ExxonMobil Corporation, Occidental Petroleum, Air Products Chemicals, Saudi Aramco, Abu Dhabi National Oil Company, Air Liquide S.A, Praxair Inc, and others.
Customization scope Free report customization with purchase. Addition or alteration to country, regional segment scope.
Pricing and purchase options Avail customized purchase options to meet your exact research needs. Explore purchase options
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