Uploaded on Sep 7, 2021
The application of carbon dioxide (CO2) for quick freezing, surface freezing, refrigeration, and chilling in the transportation of foods has been on the rise owing to the growth of the food & beverage segment. The use of CO2 in soft drinks, beers, and wines in order to prevent bacterial and fungal growth is expected to spur the market demand over the forecast period.
Carbon Dioxide Market Development Analysis 2020 to 2026
Carbon Dioxide Market
Set to Reach $9.79 Billion by 2028 | CAGR 4.4%
“Carbon Dioxide Market Share, Size, Trends, Industry Analysis Report,
By Application (Medical, Rubber, Firefighting, Food & Beverage, Oil &
Gas, Others); By Source; By Region; Segment Forecast, 2021 - 2028”
Carbon Dioxide Market Estimate & Forecast
According to a latest report by Polaris Market Research, the global Carbon Dioxide market
is anticipated to reach $9.79 Billion by 2028 registering a CAGR of 4.4% during the forecast
period 2021 to 2028.
The report offers in-depth insights, market share, and other vital information such as key
trends, drivers, restraints, opportunities, and hurdles in the Carbon Dioxide market over
the forecast period. The impact of the COVID-19 pandemic on manufacturing processes, unit
sales, and revenues incorporated into the Carbon Dioxide market projections.
A rise in technological innovations, increasing investments for improving product offerings,
and initiations of research programs are projected to drive significant growth for the global
Carbon Dioxide market over the forecast period.
The analysis covered in the report evaluates the Carbon Dioxide market based on various
parameters such as manufacturing rights & patents, brand loyalty, switching costs, capital
investments, distribution channels, government regulations, and the impact of consumer
preferences. This all summarized vital information will help the key decision-makers of the
industry in their decision-making process.
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Carbon Dioxide Market Scope
By Source By Application By Region
• Hydrogen • Food & Beverages ∙ North America
• Ethyl Alcohol • Oil & Gas ∙ Europe
• Ethylene Oxide • Medical ∙ Asia Pacific
• Substitute Natural Gas • Rubber ∙ Latin America Middle East & Africa
• Others • Firefighting
• Others
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Carbon Dioxide Market Estimate & Forecast
The report covers a comprehensive analysis of the Carbon Dioxide market by Source,
Application, and region. The report also sheds light on the key market segments that are
major contributors in terms of revenue generation. The information provided in the research
report is anticipated to be helpful for all the key stakeholders of the Carbon Dioxide
market.
The research report prepared for the Carbon Dioxide market presents vital information
gathered after deep analysis of the leading players from the market, including agreements,
acquisitions & mergers, partnerships, new product launches, collaborations & joint ventures,
research & development, and regional expansion. Major players operating in the Carbon
Dioxide market are Universal Industrial Gases, Inc., Linde AG, Air Products &
Chemicals, Inc., Inox Air Products Ltd., Airgas, Inc., Taiyo Nippon Sanso Corp.,
Praxair, Inc., Matheson Tri-Gas, Inc., The BOC Group, AGA AB, Air Liquide, and
(Gas) National Industrial Gases Company.
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Carbon Dioxide Market Size
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