Carbon Dioxide Market

Carbon Dioxide Market Size, Share, Growth Analysis, By Source(Hydrogen, Ethyl Alcohol, Ethylene Oxide, Substitute Natural Gas), By Application(Food & Beverages, Oil & Gas, Medical, Rubber), By Regional(North America, Asia Pacific, Latin America) - Industry Forecast 2024-2031


Report ID: UCMIG15A2083 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Carbon Dioxide Market Insights

Market Overview:

The worldwide carbon dioxide market had a value of USD 3.68 billion in 2021 and is predicted to rise at a CAGR of 7.3% from 2022 to 2030. The market is set to grow due to the increasing use of carbon dioxide for Enhanced Oil Recovery (EOR), the rise in the food and beverage and medical industries, and the depletion of oil reserves. In addition, the need to lessen dependence on crude oil imports in different areas of the world, mainly in Asia Pacific, has led to an increase in the deployment of EOR technology, resulting in market growth. The US is one of the largest markets for carbon dioxide in the world, with revenue growth projected to increase at a CAGR of 7.2% over the forecast period. This is due to the country's ongoing industrialization and the thriving oil and gas sector.

Carbon Dioxide Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
ForecastGrowthRate
To get more reports on the above market click here to
Get Free Sample

This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Commodity Chemicals by segment aggregation, the contribution of the Commodity Chemicals in Diversified Materials and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

The market for Carbon Dioxide was estimated to be valued at US$ XX Mn in 2021.

The Carbon Dioxide Market is estimated to grow at a CAGR of XX% by 2028.

The Carbon Dioxide Market is segmented on the basis of Source, Application, Regional.

Based on region, the Carbon Dioxide Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Carbon Dioxide Market are Acail Gás , Air Liquide, Air Products and Chemicals, Inc., Greco Gas Inc., Linde AG, Messer Group, Sicgil India Limited, SOL Group.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Carbon Dioxide Market

Report ID: UCMIG15A2083

$5,300
BUY NOW GET FREE SAMPLE