Carbon Dioxide Market Projected to Discern Stable Expansion During 2031

The U.S. and China together account for a vast majority of carbon dioxide supply & demand. This is mainly due to the fact that these countries are home to a large number of metal manufacturing & fabrication and food & beverage industries, where carbon dioxide plays a vital role in their processes. Further, increasing consumption from end-use industries such as oil & gas and food & beverages followed by surging adoption of carbon dioxide in medical and related industries is being seen across regions. The CO2 market is partially consolidated in nature, with a notable amount of players catering to overall demand. Majority of players are involved in strategies such as acquisitions and joint-ventures to gain market position.

As per the latest revised report published by Fact.MR, the global carbon dioxide (CO2) market is anticipated to surpass a valuation of US$ 3.5 Bn in 2024, and is poised to expand at a CAGR of more than 8% over the next ten years.

Which regions have greater potential for carbon dioxide sales?

Presence of a large number of oil refineries and food & beverage industries is driving demand in North America from the consumption side. China is the second highest producer of carbon dioxide after North America. Market players in the country have high production capacity supported by advanced equipment for production. Europe is also one of the prominent producers of carbon dioxide. Key players such as Linde Group and Air Liquide have a good presence in the region.

The APEC carbon dioxide industry is expected to expand significantly during the forecast period, owing to increased activities in metal manufacturing & fabrication and oil & gas industries; many new projects related to these industries are scheduled to begin in the middle of 2024. The overall regional market is expected to grow at a significant rate as a result of these factors.

Following Questions Answers Covered in the Report are:

• How will the global Carbon Dioxide / CO2 Market perform during the forecast period? What will be the market size in terms of value and volume?
• Which segment will drive the global Carbon Dioxide / CO2 Market? Which regional market will show extensive growth in the future? What are the reasons?
• How will the market dynamics change because of the impact of future market opportunities, restraints, and drivers?
• What are the key strategies adopted by players to sustain themselves in the global Carbon Dioxide / CO2 Market?
• How will these strategies influence the market growth and competition?

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Regional analysis includes

• North America (U.S., Canada)
• Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
• EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
• CIS & Russia
• Japan
• Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
• Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa , Rest of MEA)

Get More Insights –http://www.globenewswire.com/en/news-release/2018/01/16/1289680/0/en/Household-to-Represent-a-Leading-Application-Segment-for-High-Speed-Ovens-Over-2026.html

Competition Landscape

Fact.MR has profiled the following top CO2 manufacturers in its report:

• Linde Group
• Air Liquide
• Praxair Inc
• Air Products and Chemicals Inc
• Gulf Cryo
• Abdullah Hashim Industrial & Equipment Co
• Bristol Gases – Concorde Corodex Group
• Buzwair Industrial Gases Factory
• Dubai Industrial Gases
• Mohsin Haider Darwish LLC
• National Industrial Gas Plants-Mohammed Hamad Al Mana Group
• Yateem OxygenERCO Worldwide
• Ellenbarrie Industrial Gases Ltd
• Matheson Tri-Gas, Inc
• SICGIL INDIA LIMITED

The Carbon Dioxide / CO2 Market report answers the following queries:

1. What is the largest share held by key players in the market?
2. What strategies have proven most advantageous in the Carbon Dioxide / CO2 Market?
3. Which region promises largest opportunity for new investors during the forecast period 2024 to 2031?
4. What factors will most likely present challenges to growth during the forecast period?
5. What will be the value of total revenues, and at what CAGR will the growth compound during the forecast period 2024 to 2031?

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