Market Overview:
The global ultra high purity carbon dioxide market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for carbon dioxide from various end-use industries, such as electronics, medical, chemical and others. In addition, the growing demand for food and beverages is also contributing to the growth of this market. Based on type, liquid carbon dioxide accounted for a major share of the global ultra high purity carbon dioxide market in 2017.
Product Definition:
Ultra high purity carbon dioxide is a type of carbon dioxide that has been purified to a very high degree. This type of carbon dioxide is often used in various industrial and commercial applications, where its purity is essential for the proper functioning of the application. Some common applications that use ultra high purity carbon dioxide include food processing, pharmaceuticals production, and beverage production.
Liquid Carbon Dioxide:
Liquid carbon dioxide is a colorless and highly flammable gas with a density of 1.8 g/L. It has been used as an insulator in high-temperature applications, such as the liquid metal coolingant for nuclear reactors and refrigerants for cryogenic tanks. The growing demand from carbon dioxide marketing companies has led to an increase in production capacities across the globe, which is expected to drive the global market over the forecast period.
Gas Carbon Dioxide:
Ultra High Purity Carbon Dioxide (UHPCD) is a form of carbon dioxide that has been processed to remove impurities. It has an extremely high purity level and is used in applications such as pharmaceuticals, chemicals, food additives, and others. UHPCD can also be used in the production of polymers or coke & graphite electrodes for power plants.
Application Insights:
Electronics industry was the largest application segment and accounted for a market share of more than 45% in 2017. Electronics is one of the most technologically advanced industries globally. The sector has witnessed tremendous growth over the past few decades owing to developments in semiconductor technology, which has led to increased production of electronic devices such as smartphones, laptops, etc. This industry requires ultra high purity carbon dioxide for manufacturing various components including integrated circuits and sensors due to its superior properties such as low temperature resistance & insulation along with excellent thermal shock resistance & strength.
Ultrahigh purity carbon dioxide is used in medical applications due to its exceptional ability to remove odors and tastes from liquids making them safe for consumption by humans without any kind of aftertaste or odor when consumed directly from the container it comes in (i.e., liquid food grade).
Regional Analysis:
Asia Pacific was the leading regional market in 2017 and is expected to maintain its position over the forecast period. The region accounts for a major share of global production owing to cheap labor costs, availability of raw materials, and technological advancements. China emerged as a prominent consumer in this region due to large-scale industrialization coupled with rapid economic growth.
North America accounted for 21% of global ultra high purity carbon dioxide market revenue in 2017 on account of growing demand from various end-use industries such as electronics, medical field, chemicals etc. UHPCD used in electronic products such as semiconductors & microelectronics; LEDs; solar cells; computer hardware components including motherboards & processors is expected to drive the regional market over the forecast period. In addition, rising awareness regarding energy conservation has resulted into increased usage UHPCD gas for producing compressed natural gas (CNG) under strict environmental regulations is further anticipated to augment industry growth over next eight years North America).
Growth Factors:
- Increasing demand for Ultra High Purity Carbon Dioxide in the food and beverage industry as a preservative and to improve the taste of products.
- Rising demand from the healthcare sector for Ultra High Purity Carbon Dioxide in medical applications such as respiratory therapy, blood transfusions, and dialysis.
- Growing use of Ultra High Purity Carbon Dioxide in semiconductor manufacturing to produce advanced electronic components.
- Increasing adoption of Ultra High Purity Carbon Dioxide by metal processing industries for purifying molten metals prior to casting operations.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ultra High Purity Carbon Dioxide Market Research Report
By Type
Liquid Carbon Dioxide, Gas Carbon Dioxide
By Application
Electronics Industry, Medical Field, Chemical Industry, Other
By Companies
Messer, Linde, Taiyo Nippon Sanso, Air Liquide, Air Products, Hangzhou Hangyang, Suzhou Jinhong Gas, Hunan Kaimeite Gases, Messer
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
173
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Ultra High Purity Carbon Dioxide Market Report Segments:
The global Ultra High Purity Carbon Dioxide market is segmented on the basis of:
Types
Liquid Carbon Dioxide, Gas 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
Electronics Industry, Medical Field, Chemical Industry, Other
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:
- Messer
- Linde
- Taiyo Nippon Sanso
- Air Liquide
- Air Products
- Hangzhou Hangyang
- Suzhou Jinhong Gas
- Hunan Kaimeite Gases
- Messer
Highlights of The Ultra High Purity 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:
- Liquid Carbon Dioxide
- Gas Carbon Dioxide
- By Application:
- Electronics Industry
- Medical Field
- Chemical Industry
- Other
- 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 Ultra High Purity 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?
Some of the major players in the ultra high purity carbon dioxide market are Messer, Linde, Taiyo Nippon Sanso, Air Liquide, Air Products, Hangzhou Hangyang, Suzhou Jinhong Gas, Hunan Kaimeite Gases, Messer.
The ultra high purity carbon dioxide market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ultra High Purity 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 Ultra High Purity Carbon Dioxide Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ultra High Purity 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 Ultra High Purity 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 Ultra High Purity Carbon Dioxide Market Size & Forecast, 2018-2028
4.5.1 Ultra High Purity Carbon Dioxide Market Size and Y-o-Y Growth
4.5.2 Ultra High Purity Carbon Dioxide Market Absolute $ Opportunity
Chapter 5 Global Ultra High Purity 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 Ultra High Purity Carbon Dioxide Market Size Forecast by Type
5.2.1 Liquid Carbon Dioxide
5.2.2 Gas Carbon Dioxide
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Ultra High Purity 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 Ultra High Purity Carbon Dioxide Market Size Forecast by Applications
6.2.1 Electronics Industry
6.2.2 Medical Field
6.2.3 Chemical Industry
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ultra High Purity 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 Ultra High Purity 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 Ultra High Purity Carbon Dioxide Analysis and Forecast
9.1 Introduction
9.2 North America Ultra High Purity 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 Ultra High Purity Carbon Dioxide Market Size Forecast by Type
9.6.1 Liquid Carbon Dioxide
9.6.2 Gas 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 Ultra High Purity Carbon Dioxide Market Size Forecast by Applications
9.10.1 Electronics Industry
9.10.2 Medical Field
9.10.3 Chemical Industry
9.10.4 Other
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 Ultra High Purity Carbon Dioxide Analysis and Forecast
10.1 Introduction
10.2 Europe Ultra High Purity 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 Ultra High Purity Carbon Dioxide Market Size Forecast by Type
10.6.1 Liquid Carbon Dioxide
10.6.2 Gas 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 Ultra High Purity Carbon Dioxide Market Size Forecast by Applications
10.10.1 Electronics Industry
10.10.2 Medical Field
10.10.3 Chemical Industry
10.10.4 Other
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 Ultra High Purity Carbon Dioxide Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Ultra High Purity 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 Ultra High Purity Carbon Dioxide Market Size Forecast by Type
11.6.1 Liquid Carbon Dioxide
11.6.2 Gas 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 Ultra High Purity Carbon Dioxide Market Size Forecast by Applications
11.10.1 Electronics Industry
11.10.2 Medical Field
11.10.3 Chemical Industry
11.10.4 Other
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 Ultra High Purity Carbon Dioxide Analysis and Forecast
12.1 Introduction
12.2 Latin America Ultra High Purity 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 Ultra High Purity Carbon Dioxide Market Size Forecast by Type
12.6.1 Liquid Carbon Dioxide
12.6.2 Gas 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 Ultra High Purity Carbon Dioxide Market Size Forecast by Applications
12.10.1 Electronics Industry
12.10.2 Medical Field
12.10.3 Chemical Industry
12.10.4 Other
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) Ultra High Purity Carbon Dioxide Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Ultra High Purity 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) Ultra High Purity Carbon Dioxide Market Size Forecast by Type
13.6.1 Liquid Carbon Dioxide
13.6.2 Gas 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) Ultra High Purity Carbon Dioxide Market Size Forecast by Applications
13.10.1 Electronics Industry
13.10.2 Medical Field
13.10.3 Chemical Industry
13.10.4 Other
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 Ultra High Purity Carbon Dioxide Market: Competitive Dashboard
14.2 Global Ultra High Purity Carbon Dioxide Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Messer
14.3.2 Linde
14.3.3 Taiyo Nippon Sanso
14.3.4 Air Liquide
14.3.5 Air Products
14.3.6 Hangzhou Hangyang
14.3.7 Suzhou Jinhong Gas
14.3.8 Hunan Kaimeite Gases
14.3.9 Messer
