Market Overview:
The global liquid carbon dioxide market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for carbon dioxide from various end-use industries, such as metals industry, chemicals and petroleum industries, rubber and plastics industries, food and beverages industries, pharmaceuticals industry, and environmental uses. In addition, the growing demand for food grade carbon dioxide is also contributing to the growth of the global liquid carbon dioxide market. However, volatility in prices of raw materials used in production of carbon dioxide may restrain the growth of this market during forecast period.
Product Definition:
Liquid Carbon Dioxide is a colorless, odorless liquid that is heavier than air. It is used as a refrigerant and in fire extinguishers.
Medical Grade Carbon Dioxide:
Medical-grade carbon dioxide is a colorless and tasteless gas that has been used in the healthcare industry for decades. It is usually produced as a by-product of natural gas or petroleum refining processes. Medical grade carbon dioxide plays an important role in maintaining the temperature of liquid Carbon Dioxide (CO2) during storage and transportation, which makes it suitable to be used as an insufflation/inhalation anesthesia agent.
Industrial Grade Carbon Dioxide:
Industrial grade carbon dioxide is a colorless and highly flammable gas with a slight sweet odor. It is used in the manufacturing process of liquid carbon dioxide which has wide application areas such as refrigeration, thermal processing, and cryogenic storage. The liquid form of carbon dioxide can be used for applications such as food & beverages, pharmaceuticals & medical devices among others.
Application Insights:
The chemicals and petroleum industries accounted for the largest volume share of over 30% in 2017. Liquid carbon dioxide is used as a chemical feedstock for manufacturing various industrial products such as polymers, resins, adhesives and sealants, coatings, elastomers and plastics. Polycarbonate is one of the most widely manufactured plastic materials using liquid carbon dioxide technology worldwide.
Liquid CO2 is also used extensively in metal plating applications to provide an artificial reef effect due to its planktonic growth enhancing ability on submerged surfaces. It has been observed that when exposed to artificial light sources such as LEDs or sunlight during daytime hours, some species of corals prefer living within inches away from the surface tension layer created by liquid CO2-based solutions which further enhances their demand globally over the forecast period.
Regional Analysis:
Asia Pacific is anticipated to be the fastest growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing population in China, India, and Southeast Asian countries. In addition, rising disposable income levels coupled with government support for infrastructure development is expected to drive industry growth over the forecast period.
Europe was valued at USD X billion in 2017 owing to high demand from end-use industries such as chemicals and petrochemicals along with metals processing industries due to presence of major manufacturing facilities of these end-use sectors in Western Europe including Germany; U.K.; France; Italy; Spain etc.).
Growth Factors:
- Increasing demand for carbon dioxide in food and beverage industry as a preservative and flavoring agent.
- Growing demand from the healthcare sector for use in oxygen therapy, medical gases, and wound care products.
- Rising popularity of carbon dioxide as a refrigerant due to its high efficiency and low environmental impact.
- Increasing demand from the metal fabrication industry for use in laser cutting and welding applications.
- Growing awareness about the benefits of using liquid carbon dioxide as an alternative to traditional refrigerants
Scope Of The Report
Report Attributes
Report Details
Report Title
Liquid Carbon Dioxide Market Research Report
By Type
Medical Grade Carbon Dioxide, Industrial Grade Carbon Dioxide, Food Grade Carbon Dioxide
By Application
Metals Industry, Chemicals and Petroleum Industries, Rubber and Plastics Industries, Food and Beverages Industries, Pharmaceuticals Industry, Environmental Uses
By Companies
Linde, Air Products and Chemicals, Continental Carbonic Products, Matheson Tri-Gas, India Glycols, SOL Group, Taiyo Nippon Sanso, Hunan Kaimeite Gases, Linde
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
139
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Liquid Carbon Dioxide Market Report Segments:
The global Liquid Carbon Dioxide market is segmented on the basis of:
Types
Medical Grade Carbon Dioxide, Industrial Grade Carbon Dioxide, Food Grade Carbon Dioxide
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
Metals Industry, Chemicals and Petroleum Industries, Rubber and Plastics Industries, Food and Beverages Industries, Pharmaceuticals Industry, Environmental Uses
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:
- Linde
- Air Products and Chemicals
- Continental Carbonic Products
- Matheson Tri-Gas
- India Glycols
- SOL Group
- Taiyo Nippon Sanso
- Hunan Kaimeite Gases
- Linde
Highlights of The Liquid Carbon Dioxide 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:
- Medical Grade Carbon Dioxide
- Industrial Grade Carbon Dioxide
- Food Grade Carbon Dioxide
- By Application:
- Metals Industry
- Chemicals and Petroleum Industries
- Rubber and Plastics Industries
- Food and Beverages Industries
- Pharmaceuticals Industry
- Environmental Uses
- 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 Liquid Carbon Dioxide 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
- Identifying Appropriate Advertising Appeals
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?
Liquid carbon dioxide is a gas that is used in industrial processes and as a refrigerant. It has the chemical formula CO2, and its molecular weight is 44. It can be liquefied at temperatures below u221278 degrees Celsius, making it useful as a cryogenic agent.
Some of the major companies in the liquid carbon dioxide market are Linde, Air Products and Chemicals, Continental Carbonic Products, Matheson Tri-Gas, India Glycols, SOL Group, Taiyo Nippon Sanso, Hunan Kaimeite Gases, Linde.
The liquid carbon dioxide market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Liquid Carbon Dioxide Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Liquid Carbon Dioxide Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Liquid Carbon Dioxide Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Liquid Carbon Dioxide Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Liquid Carbon Dioxide Market Size & Forecast, 2018-2028
4.5.1 Liquid Carbon Dioxide Market Size and Y-o-Y Growth
4.5.2 Liquid Carbon Dioxide Market Absolute $ Opportunity
Chapter 5 Global Liquid Carbon Dioxide Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Liquid Carbon Dioxide Market Size Forecast by Type
5.2.1 Medical Grade Carbon Dioxide
5.2.2 Industrial Grade Carbon Dioxide
5.2.3 Food Grade Carbon Dioxide
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Liquid Carbon Dioxide Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Liquid Carbon Dioxide Market Size Forecast by Applications
6.2.1 Metals Industry
6.2.2 Chemicals and Petroleum Industries
6.2.3 Rubber and Plastics Industries
6.2.4 Food and Beverages Industries
6.2.5 Pharmaceuticals Industry
6.2.6 Environmental Uses
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Liquid Carbon Dioxide Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Liquid Carbon Dioxide Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Liquid Carbon Dioxide Analysis and Forecast
9.1 Introduction
9.2 North America Liquid Carbon Dioxide Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Liquid Carbon Dioxide Market Size Forecast by Type
9.6.1 Medical Grade Carbon Dioxide
9.6.2 Industrial Grade Carbon Dioxide
9.6.3 Food Grade Carbon Dioxide
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Liquid Carbon Dioxide Market Size Forecast by Applications
9.10.1 Metals Industry
9.10.2 Chemicals and Petroleum Industries
9.10.3 Rubber and Plastics Industries
9.10.4 Food and Beverages Industries
9.10.5 Pharmaceuticals Industry
9.10.6 Environmental Uses
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Liquid Carbon Dioxide Analysis and Forecast
10.1 Introduction
10.2 Europe Liquid Carbon Dioxide Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Liquid Carbon Dioxide Market Size Forecast by Type
10.6.1 Medical Grade Carbon Dioxide
10.6.2 Industrial Grade Carbon Dioxide
10.6.3 Food Grade Carbon Dioxide
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Liquid Carbon Dioxide Market Size Forecast by Applications
10.10.1 Metals Industry
10.10.2 Chemicals and Petroleum Industries
10.10.3 Rubber and Plastics Industries
10.10.4 Food and Beverages Industries
10.10.5 Pharmaceuticals Industry
10.10.6 Environmental Uses
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Liquid Carbon Dioxide Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Liquid Carbon Dioxide Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Liquid Carbon Dioxide Market Size Forecast by Type
11.6.1 Medical Grade Carbon Dioxide
11.6.2 Industrial Grade Carbon Dioxide
11.6.3 Food Grade Carbon Dioxide
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Liquid Carbon Dioxide Market Size Forecast by Applications
11.10.1 Metals Industry
11.10.2 Chemicals and Petroleum Industries
11.10.3 Rubber and Plastics Industries
11.10.4 Food and Beverages Industries
11.10.5 Pharmaceuticals Industry
11.10.6 Environmental Uses
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Liquid Carbon Dioxide Analysis and Forecast
12.1 Introduction
12.2 Latin America Liquid Carbon Dioxide Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Liquid Carbon Dioxide Market Size Forecast by Type
12.6.1 Medical Grade Carbon Dioxide
12.6.2 Industrial Grade Carbon Dioxide
12.6.3 Food Grade Carbon Dioxide
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Liquid Carbon Dioxide Market Size Forecast by Applications
12.10.1 Metals Industry
12.10.2 Chemicals and Petroleum Industries
12.10.3 Rubber and Plastics Industries
12.10.4 Food and Beverages Industries
12.10.5 Pharmaceuticals Industry
12.10.6 Environmental Uses
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Liquid Carbon Dioxide Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Liquid Carbon Dioxide Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Liquid Carbon Dioxide Market Size Forecast by Type
13.6.1 Medical Grade Carbon Dioxide
13.6.2 Industrial Grade Carbon Dioxide
13.6.3 Food Grade Carbon Dioxide
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Liquid Carbon Dioxide Market Size Forecast by Applications
13.10.1 Metals Industry
13.10.2 Chemicals and Petroleum Industries
13.10.3 Rubber and Plastics Industries
13.10.4 Food and Beverages Industries
13.10.5 Pharmaceuticals Industry
13.10.6 Environmental Uses
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Liquid Carbon Dioxide Market: Competitive Dashboard
14.2 Global Liquid Carbon Dioxide Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Linde
14.3.2 Air Products and Chemicals
14.3.3 Continental Carbonic Products
14.3.4 Matheson Tri-Gas
14.3.5 India Glycols
14.3.6 SOL Group
14.3.7 Taiyo Nippon Sanso
14.3.8 Hunan Kaimeite Gases
14.3.9 Linde
