DUBLIN, August 3, 2021 / PRNewswire / – The report “Carbon Dioxide Market Size, Share and Trend Analysis Report by Source (Ethyl Alcohol, Alternative Natural Gas), by Application (Food & Beverage, Medical), by region and segment forecast, 2021-2028 “has been added to ResearchAndMarkets.com offer.

The size of the global carbon dioxide market is expected to reach $ 10.67 billion by 2028, registering a CAGR of 4.0%

The increase in the use of carbon dioxide in sectors such as oil and gas for enhanced oil recovery, food and beverage, and healthcare, is a key driver for the market.

Fluctuating crude oil prices and increasing number of mature oil and gas wells are leading oil and gas operators to implement various techniques to improve the efficiency of drilling existing wells. In addition, oil and gas operators are adopting enhanced oil recovery techniques based on carbon dioxide, which will drive product demand in the future.

The COVID-19 pandemic has hampered market growth due to factors such as strict social distancing standards and lockdowns in various countries around the world. This has resulted in reduced demand for oil and gas as well as the shutdown of industries, such as automobiles, semiconductors, and consumer electronics, which has affected the demand for carbon dioxide from these industries. end users.

Major global players in the CO2 market, such as Linde plc, Air Liquide and Air Products, Inc., account for a significant share. Large companies use merger and acquisition strategies to increase their market share. For example, Linde plc was formed by the merger of Linde AG and Praxair, which ended in October 2018.

Highlights Of The Carbon Dioxide Market Report

• North America accounted for the largest share of revenue in 2020 due to the presence of several CO2-based EOR projects in the region and large food and beverage manufacturing companies

• Ethyl alcohol has become the most important source segment in 2020 due to the production of high purity CO2 and due to comparatively lower production cost than other sources

• The food and beverage applications segment dominated the market in 2020 with the largest share of revenue due to the use of CO2 in inert gas for packaging of fresh meat and vegetables, manufacturing of soft drinks and freezing and cooling of food.

• Asia Pacific is expected to experience the fastest CAGR from 2021 to 2028 due to the increase in the number of food and beverage manufacturing companies in APAC and the focus on implementing EOR based of CO2 in countries, such as China, India and Indonesia

• The medical applications segment is expected to experience the second fastest CAGR during the forecast period due to the increase in the use of pure form products and gas mixtures for cryotherapy, cryopreservation, anesthesia and insufflation gas.

Main topics covered:

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary
2.1 Market outlook
2.2 Sectoral outlook
2.3 Competition overview

Chapter 3 Market Variables, Trends and Scope
3.1 Market Lineage Outlook
3.1.1 Global Industrial Gas Market Outlook
3.2 Mapping of penetration and growth prospects
3.3 Industry Value Chain Analysis
3.3.1 Trends in carbon dioxide sources
3.3.1.1 Best procurement practices
3.3.2 Carbon Dioxide Sales Channel Analysis
3.3.3 Carbon dioxide: analysis of supplier selection criteria
3.3.4 Profit Margin Analysis
3.4 Technology overview
3.4.1 Carbon capture and storage (CCS)
3.4.2 Technological trends
3.5 Regulatory framework
3.5.1 Standards and conformities
3.5.2 Security
3.6 Environmental impact analysis
3.7 Market dynamics
3.7.1 Market Drivers Analysis
3.7.1.1 Growing use of carbon dioxide in enhanced oil recovery (EOR)
3.7.1.2 Increased consumption of carbon dioxide in the medical industry
3.7.2 Analysis of market restrictions
3.7.2.1 Increased carbon emissions and high cost of carbon capture and storage (CCS) technology
3.8 Business analysis
3.8.1 Major Importers, Key Countries Analysis 2020
3.8.2 Major Exporters, Key Countries Analysis 2020
3.9 Business Environment Analysis: Carbon Dioxide Market
3.9.1 Industry Analysis – Porter’s
3.9.2 Pestel analysis
3.10 Main liquefaction plants
3.11 Carbon pricing initiatives
3.12 Carbon pricing Emissions coverage and fiscal composition
3.12.1 Carbon price differentials in different sectors
3.12.2 Estimate of emissions coverage and permit price
3.12.3 Effective carbon prices
3.13 Impact of COVID-19 on the carbon dioxide market

Chapter 4 Global Carbon Dioxide Market: Source Estimates and Trend Analysis
4.1 Definition and scope
4.2 Global Carbon Dioxide Market: Analysis of Source Movements, 2020 and 2028
4.3 Market size and forecast and trend analysis, 2016 to 2028 for the following:
4.3.1 Hydrogen
4.3.2 Ethyl alcohol
4.3.3 Ethylene oxide
4.3.4 Natural gas substitute

Chapter 5 Global Carbon Dioxide Market Application Estimates and Trend Analysis
5.1 Definition and scope
5.2 Global Carbon Dioxide Market: Application Movement Analysis, 2020 and 2028
5.3 Market size and forecast and trend analysis, 2016 to 2028 for the following:
5.3.1 Food and drink
5.3.2 Oil and gas
5.3.3 Medical
5.3.4 Rubber
5.3.5 Fire fighting

Chapter 6 Global Carbon Dioxide Market: Regional Estimates and Trend Analysis
6.1 Definition and scope
6.2 Global Carbon Dioxide Market: Regional Movements Analysis, 2020 and 2028
6.3 Global Carbon Dioxide Market: Analysis of Regional Movements, 2016 to 2028

Chapter 7 Global Carbon Dioxide Market – Competitive Landscape
7.1 Key global players and recent market developments and their impact on the industry
7.2 Analysis of major transactions and strategic alliances
7.3 Supplier landscape
7.3.1 Market Positioning Analysis of Key Companies, 2020

Chapter 8 Company Profiles

The story continues

• Liquid air

• Linde plc

• Airline Products and Chemicals, Inc.

• Taiyo Nippon Sanso Company

• Messer

• SOL Group

• Sicgil India Limited

• Strandmollen A / S

• ACAIL Gas

• Gulf Cryo

For more information on this report, visit https://www.researchandmarkets.com/r/hxp9hg

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