Market Overview:
The global CO2 production plants market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for carbon dioxide from various end-use industries, such as chemical industry, industry gas, metallurgy industry, packaging industry and others. In terms of type, the high-purity liquefied carbon dioxide plants segment is expected to hold a major share in the global CO2 production plants market during the forecast period. This can be attributed to the increasing demand for high-purity carbon dioxide from various end-use industries.
Product Definition:
CO2 Production Plants are used to produce CO2 gas from either solid or liquid carbon dioxide. The gas can then be used in a variety of applications, such as food and beverage production, metal fabrication, and oil extraction.
High-Purity Liquefied Carbon Dioxide Plants:
High-purity liquefied carbon dioxide (HPC) plants are used to produce carbon dioxide in large quantities. The plant consists of a number of components including gas compressor, absorption column, liquid CO2 generator and heat exchanger among others. HPC is produced by compressurizing and cooling high-quality gas feedstock which contains minimal impurities.
Medium-Purity Liquefied Carbon Dioxide Plants:
Medium-purity liquefied carbon dioxide (MPCO2) plants are used in CO2 production plants to increase the purity level of carbon dioxide. MPCO2 is a colorless gas with a slight sweet odor. It has no taste and does not react chemically with water or other substances. The purity level of MPCO2 can be increased by almost 99% without changing its chemical properties, structure, or composition.
Application Insights:
The industry gas application segment led the global market in 2017 and is projected to continue its dominance over the forecast period. The growth of this application can be attributed to rising demand for natural gas from various sectors, including power generation, automotive and transportation, residential heating/ cooling applications.
Industry gases include carbon dioxide (CO2), nitrogen (N2), oxygen (O2), hydrogen sulfide (H2S) and other impurities which are undetectable by conventional analytical techniques used for petroleum products or chemicals. These gases are required in industrial settings where safety procedures require an air supply that is free from contaminants such as sulfur oxides or other impurities that may pose a threat to human health. Carbon dioxide-free sources such as fossil fuels are not feasible options due to high costs involved in their extraction; thus these plants produce industrial gaseous compounds with low purity levels containing mostly carbon dioxide along with some nitrogen, oxygen, hydrogen sulfide etc.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of major chemical companies and technological advancements. The region is expected to witness moderate growth over the forecast period, which can be attributed to increasing demand for chemicals from various end-use industries.
Asia Pacific is anticipated to register a high CAGR over the forecast period owing to rapid industrialization and economic development in countries such as China, India, Indonesia, Malaysia and Thailand. In addition, rising government initiatives pertaining to carbon capture technology are projected favorably impact industry growth. For instance; China’s 13th Five Year Plan (2016 - 2020) has envisaged reducing carbon emissions by 60% by 2030 compared with 2010 levels through measures such as promoting clean energy sources and developing low emission technologies across all sectors including power generation, steel production etc.
Growth Factors:
- Increasing demand for carbonated drinks and processed foods
- Growing population and their increasing disposable income
- Rapid urbanization and industrialization in developing countries
- Technological advancements in CO2 production plants that improve efficiency and reduce costs
- Stringent environmental regulations to curb greenhouse gas emissions
Scope Of The Report
Report Attributes
Report Details
Report Title
CO2 Production Plants Market Research Report
By Type
High-Purity Liquefied Carbon Dioxide Plants, Medium-Purity Liquefied Carbon Dioxide Plants
By Application
Chemical Industry, Industry Gas, Metallurgy Industry, Packaging Industry, Others
By Companies
COMTECSWISS GmbH, Hitachi, ASCO CARBON DIOXIDE, Universal Industrial Gases, Air Products, Linde, BUSE Gas Solutions, Fatima Group, MOS Techno Engineers, Union Engineering, Praxair, Punjab Carbonic Private Limited
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global CO2 Production Plants Market Report Segments:
The global CO2 Production Plants market is segmented on the basis of:
Types
High-Purity Liquefied Carbon Dioxide Plants, Medium-Purity Liquefied Carbon Dioxide Plants
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Chemical Industry, Industry Gas, Metallurgy Industry, Packaging Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- COMTECSWISS GmbH
- Hitachi
- ASCO CARBON DIOXIDE
- Universal Industrial Gases
- Air Products
- Linde
- BUSE Gas Solutions
- Fatima Group
- MOS Techno Engineers
- Union Engineering
- Praxair
- Punjab Carbonic Private Limited
Highlights of The CO2 Production Plants Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- High-Purity Liquefied Carbon Dioxide Plants
- Medium-Purity Liquefied Carbon Dioxide Plants
- By Application:
- Chemical Industry
- Industry Gas
- Metallurgy Industry
- Packaging Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the CO2 Production Plants Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A CO2 production plant is a facility that produces carbon dioxide from natural gas or other fuels.
Some of the major players in the co2 production plants market are COMTECSWISS GmbH, Hitachi, ASCO CARBON DIOXIDE, Universal Industrial Gases, Air Products, Linde, BUSE Gas Solutions, Fatima Group, MOS Techno Engineers, Union Engineering, Praxair, Punjab Carbonic Private Limited.
The co2 production plants market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. CO2 Production Plants Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. CO2 Production Plants Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. CO2 Production Plants Market - Supply Chain
4.5. Global CO2 Production Plants Market Forecast
4.5.1. CO2 Production Plants Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. CO2 Production Plants Market Size (000 Units) and Y-o-Y Growth
4.5.3. CO2 Production Plants Market Absolute $ Opportunity
5. Global CO2 Production Plants Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. CO2 Production Plants Market Size and Volume Forecast by Type
5.3.1. High-Purity Liquefied Carbon Dioxide Plants
5.3.2. Medium-Purity Liquefied Carbon Dioxide Plants
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global CO2 Production Plants Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. CO2 Production Plants Market Size and Volume Forecast by Application
6.3.1. Chemical Industry
6.3.2. Industry Gas
6.3.3. Metallurgy Industry
6.3.4. Packaging Industry
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global CO2 Production Plants Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. CO2 Production Plants Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global CO2 Production Plants Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. CO2 Production Plants Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global CO2 Production Plants Demand Share Forecast, 2019-2029
9. North America CO2 Production Plants Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America CO2 Production Plants Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America CO2 Production Plants Market Size and Volume Forecast by Application
9.4.1. Chemical Industry
9.4.2. Industry Gas
9.4.3. Metallurgy Industry
9.4.4. Packaging Industry
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America CO2 Production Plants Market Size and Volume Forecast by Type
9.7.1. High-Purity Liquefied Carbon Dioxide Plants
9.7.2. Medium-Purity Liquefied Carbon Dioxide Plants
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America CO2 Production Plants Demand Share Forecast, 2019-2029
10. Latin America CO2 Production Plants Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America CO2 Production Plants Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America CO2 Production Plants Market Size and Volume Forecast by Application
10.4.1. Chemical Industry
10.4.2. Industry Gas
10.4.3. Metallurgy Industry
10.4.4. Packaging Industry
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America CO2 Production Plants Market Size and Volume Forecast by Type
10.7.1. High-Purity Liquefied Carbon Dioxide Plants
10.7.2. Medium-Purity Liquefied Carbon Dioxide Plants
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America CO2 Production Plants Demand Share Forecast, 2019-2029
11. Europe CO2 Production Plants Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe CO2 Production Plants Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe CO2 Production Plants Market Size and Volume Forecast by Application
11.4.1. Chemical Industry
11.4.2. Industry Gas
11.4.3. Metallurgy Industry
11.4.4. Packaging Industry
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe CO2 Production Plants Market Size and Volume Forecast by Type
11.7.1. High-Purity Liquefied Carbon Dioxide Plants
11.7.2. Medium-Purity Liquefied Carbon Dioxide Plants
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe CO2 Production Plants Demand Share, 2019-2029
12. Asia Pacific CO2 Production Plants Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific CO2 Production Plants Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific CO2 Production Plants Market Size and Volume Forecast by Application
12.4.1. Chemical Industry
12.4.2. Industry Gas
12.4.3. Metallurgy Industry
12.4.4. Packaging Industry
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific CO2 Production Plants Market Size and Volume Forecast by Type
12.7.1. High-Purity Liquefied Carbon Dioxide Plants
12.7.2. Medium-Purity Liquefied Carbon Dioxide Plants
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific CO2 Production Plants Demand Share, 2019-2029
13. Middle East & Africa CO2 Production Plants Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa CO2 Production Plants Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa CO2 Production Plants Market Size and Volume Forecast by Application
13.4.1. Chemical Industry
13.4.2. Industry Gas
13.4.3. Metallurgy Industry
13.4.4. Packaging Industry
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa CO2 Production Plants Market Size and Volume Forecast by Type
13.7.1. High-Purity Liquefied Carbon Dioxide Plants
13.7.2. Medium-Purity Liquefied Carbon Dioxide Plants
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa CO2 Production Plants Demand Share, 2019-2029
14. Competition Landscape
14.1. Global CO2 Production Plants Market: Market Share Analysis
14.2. CO2 Production Plants Distributors and Customers
14.3. CO2 Production Plants Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. COMTECSWISS GmbH
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hitachi
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ASCO CARBON DIOXIDE
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Universal Industrial Gases
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Air Products
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Linde
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. BUSE Gas Solutions
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Fatima Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. MOS Techno Engineers
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Union Engineering
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Praxair
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Punjab Carbonic Private Limited
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
