Carbon dioxide market to grow by 3.24% Y-O-Y from 2022 to 2023: Rising demand from the oil and gas industry will drive growth -Technavio

NEW YORK, Dec. 9, 2022 --

Carbon dioxide Market Insights -

• Vendors: 15+, Acail Gas, Air Products and Chemicals Inc., Axcel Gases, Bosco India, Buzwair Group, Ellenbarrie Industrial Gases Ltd., Gulf Cryo Holding CSC, India Glycols Ltd., Kanoria Chemicals and Industries, Linde Plc, Messer SE and Co. KGaA, Mitsubishi Heavy Industries Ltd., Salasar Carbonics Pvt. Ltd., Sicgil India Ltd., SOL Spa, Sri Venkateswara Carbonic Gases, among others
• Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
• Segments: Application, Production area, and Region

The carbon dioxide market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as prospects.

Why buy?

• Add credibility to strategies
• Analyze competitor's offerings
• Get a holistic view of the market

In 2017, the Carbon dioxide market was valued at USD 6,965.48 million. From a regional perspective, APAC held the largest market share, valued at USD 2,978.04 million. The carbon dioxide market size is estimated to grow by USD 1,916.46 million from 2022 to 2027 at a CAGR of 4.32% according to Technavio.

Carbon dioxide Market - Customer Landscape

To help companies evaluate and develop growth strategies, the report outlines –

• Key purchase criteria
• Adoption rates
• Adoption lifecycle
• Drivers of price sensitivity
• For highlights on customer landscape analysis, download a sample!

Carbon dioxide Market - Vendor Insights

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market vendors including -

• Acail Gas: The company offers carbon dioxide for deburring and milling, neutralization, metalworking, catering, medical science, and plastic.
• Air Products and Chemicals Inc.: The company offers carbon dioxide for aerospace, automotive, beverages, biotechnology, cement, and lime industries.
• Axcel Gases: The company offers carbon dioxide for urea, beverages, and extraction industries.

Carbon dioxide Market - Market Dynamics

Major Drivers:

• Rising demand in the oil and gas industry
• Increasing number of applications in the food and beverages industry
• Development of advanced carbon capturing and storage technologies

Key Challenges:

• High manufacturing cost
• Stringent regulations and safety concerns
• Harmful effects of CO2 leakage

What are the Key Data Covered in this Carbon dioxide Market Report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the Carbon dioxide market between 2023 and 2027
• Precise estimation of the size of the Carbon dioxide market size and its contribution of the market in focus to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the Carbon dioxide market industry across APAC, North America, Europe, Middle East and Africa, and South America
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of cloud data warehouse market vendors

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Table of Content

1 Executive Summary

• 1 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Production Area
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global carbon dioxide market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on Global carbon dioxide market 2017 - 2021 ($ million)

• 4.2 Application Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)

• 4.3 Production Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Production Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

• 6.1 Market segments 
• Exhibit 30: Chart on Application - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Application - Market share 2022-2027 (%)

• 6.2 Comparison by Application 
• Exhibit 32: Chart on Comparison by Application
• Exhibit 33: Data Table on Comparison by Application

• 6.3 Enhanced oil recovery - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Enhanced oil recovery - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Enhanced oil recovery - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Enhanced oil recovery - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Enhanced oil recovery - Year-over-year growth 2022-2027 (%)

• 6.4 Food and beverages - Market size and forecast 2022-2027
• Exhibit 38: Chart on Food and beverages - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Food and beverages - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Food and beverages - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Food and beverages - Year-over-year growth 2022-2027 (%)

• 6.5 Precipitated calcium carbonate - Market size and forecast 2022-2027 
• Exhibit 42: Chart on Precipitated calcium carbonate - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Precipitated calcium carbonate - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Precipitated calcium carbonate - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Precipitated calcium carbonate - Year-over-year growth 2022-2027 (%)

• 6.6 Others - Market size and forecast 2022-2027
• Exhibit 46: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 47: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.7 Market opportunity by Application 
• Exhibit 50: Market opportunity by Application ($ million)

7 Market Segmentation by Production Area

• 7.1 Market segments 
• Exhibit 51: Chart on Production Area - Market share 2022-2027 (%)
• Exhibit 52: Data Table on Production Area - Market share 2022-2027 (%)

• 7.2 Comparison by Production Area 
• Exhibit 53: Chart on Comparison by Production Area
• Exhibit 54: Data Table on Comparison by Production Area

• 7.3 Combustion - Market size and forecast 2022-2027
• Exhibit 55: Chart on Combustion - Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Data Table on Combustion - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Chart on Combustion - Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Combustion - Year-over-year growth 2022-2027 (%)

• 7.4 Biological - Market size and forecast 2022-2027
• Exhibit 59: Chart on Biological - Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Data Table on Biological - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Chart on Biological - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Biological - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Production Area 
• Exhibit 63: Market opportunity by Production Area ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 65: Chart on Market share by geography 2022-2027 (%)
• Exhibit 66: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 67: Chart on Geographic comparison
• Exhibit 68: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027
• Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 North America - Market size and forecast 2022-2027
• Exhibit 73: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.5 Europe - Market size and forecast 2022-2027
• Exhibit 77: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.7 South America - Market size and forecast 2022-2027
• Exhibit 85: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.8 China - Market size and forecast 2022-2027
• Exhibit 89: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.9 US - Market size and forecast 2022-2027
• Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.10 Germany - Market size and forecast 2022-2027
• Exhibit 97: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.11 India - Market size and forecast 2022-2027
• Exhibit 101: Chart on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on India - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on India - Year-over-year growth 2022-2027 (%)

• 9.12 Japan - Market size and forecast 2022-2027
• Exhibit 105: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 106: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 107: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 109: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 110: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 111: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 112: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 113: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 114: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 115: Matrix on vendor position and classification

• 12.3 Acail Gas 
• Exhibit 116: Acail Gas - Overview
• Exhibit 117: Acail Gas - Product / Service
• Exhibit 118: Acail Gas - Key offerings

• 12.4 Air Products and Chemicals Inc. 
• Exhibit 119: Air Products and Chemicals Inc. - Overview
• Exhibit 120: Air Products and Chemicals Inc. - Business segments
• Exhibit 121: Air Products and Chemicals Inc. - Key news
• Exhibit 122: Air Products and Chemicals Inc. - Key offerings
• Exhibit 123: Air Products and Chemicals Inc. - Segment focus

• 12.5 Axcel Gases 
• Exhibit 124: Axcel Gases - Overview
• Exhibit 125: Axcel Gases - Product / Service
• Exhibit 126: Axcel Gases - Key offerings

• 12.6 Buzwair Group 
• Exhibit 127: Buzwair Group - Overview
• Exhibit 128: Buzwair Group - Product / Service
• Exhibit 129: Buzwair Group - Key offerings

• 12.7 Ellenbarrie Industrial Gases Ltd. 
• Exhibit 130: Ellenbarrie Industrial Gases Ltd. - Overview
• Exhibit 131: Ellenbarrie Industrial Gases Ltd. - Product / Service
• Exhibit 132: Ellenbarrie Industrial Gases Ltd. - Key offerings

• 12.8 Gulf Cryo Holding CSC 
• Exhibit 133: Gulf Cryo Holding CSC - Overview
• Exhibit 134: Gulf Cryo Holding CSC - Product / Service
• Exhibit 135: Gulf Cryo Holding CSC - Key offerings

• 12.9 India Glycols Ltd. 
• Exhibit 136: India Glycols Ltd. - Overview
• Exhibit 137: India Glycols Ltd. - Business segments
• Exhibit 138: India Glycols Ltd. - Key offerings
• Exhibit 139: India Glycols Ltd. - Segment focus

• 12.10 Kanoria Chemicals and Industries 
• Exhibit 140: Kanoria Chemicals and Industries - Overview
• Exhibit 141: Kanoria Chemicals and Industries - Business segments
• Exhibit 142: Kanoria Chemicals and Industries - Key offerings
• Exhibit 143: Kanoria Chemicals and Industries - Segment focus

• 12.11 Linde Plc 
• Exhibit 144: Linde Plc - Overview
• Exhibit 145: Linde Plc - Business segments
• Exhibit 146: Linde Plc - Key news
• Exhibit 147: Linde Plc - Key offerings
• Exhibit 148: Linde Plc - Segment focus

• 12.12 Messer SE and Co. KGaA 
• Exhibit 149: Messer SE and Co. KGaA - Overview
• Exhibit 150: Messer SE and Co. KGaA - Product / Service
• Exhibit 151: Messer SE and Co. KGaA - Key offerings

• 12.13 Mitsubishi Heavy Industries Ltd. 
• Exhibit 152: Mitsubishi Heavy Industries Ltd. - Overview
• Exhibit 153: Mitsubishi Heavy Industries Ltd. - Business segments
• Exhibit 154: Mitsubishi Heavy Industries Ltd. - Key news
• Exhibit 155: Mitsubishi Heavy Industries Ltd. - Key offerings
• Exhibit 156: Mitsubishi Heavy Industries Ltd. - Segment focus

• 12.14 Sicgil India Ltd. 
• Exhibit 157: Sicgil India Ltd. - Overview
• Exhibit 158: Sicgil India Ltd. - Product / Service
• Exhibit 159: Sicgil India Ltd. - Key offerings

• 12.15 SOL Spa 
• Exhibit 160: SOL Spa - Overview
• Exhibit 161: SOL Spa - Business segments
• Exhibit 162: SOL Spa - Key offerings
• Exhibit 163: SOL Spa - Segment focus

• 12.16 Strandmollen AS 
• Exhibit 164: Strandmollen AS - Overview
• Exhibit 165: Strandmollen AS - Product / Service
• Exhibit 166: Strandmollen AS - Key offerings

• 12.17 Taiyo Nippon Sanso Corp. 
• Exhibit 167: Taiyo Nippon Sanso Corp. - Overview
• Exhibit 168: Taiyo Nippon Sanso Corp. - Business segments
• Exhibit 169: Taiyo Nippon Sanso Corp. - Key offerings
• Exhibit 170: Taiyo Nippon Sanso Corp. - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 171: Inclusions checklist
• Exhibit 172: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 173: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 174: Research methodology
• Exhibit 175: Validation techniques employed for market sizing
• Exhibit 176: Information sources

• 13.5 List of abbreviations 
• Exhibit 177: List of abbreviations

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SOURCE Technavio