Global Carbon Dioxide Market Report 2024: Size, Drivers, And Top Segments
Save up to 30% on The Business Research Company’s comprehensive market research reports for a limited time only!
How is the Carbon Dioxide Market Expected to Expand from 2024 to 2033?
The market for carbon dioxide has seen substantial expansion over the recent past. Its growth is projected to escalate from $15.13 billion in 2023 to $17.32 billion in 2024, representing a compound annual growth rate (CAGR) of 14.5%. The remarkable growth witnessed in the historic period can be ascribed to the emergence of novel markets and the burgeoning demand from the medical industry.
Expectations for the carbon dioxide market size point to swift expansion in the coming years, with projections indicating a compound annual growth rate (CAGR) of 13.8% leading to a net worth of $29.05 billion by 2028. This growth during the forecast period is predicted to result from increased demand for frozen food and escalating needs from the oil and gas industry. Anticipated trends for the forecast period encompass development of carbon dioxide separation technologies, emphasis on carbon capturing and utilizing, supply to greenhouses, and potential mergers or acquisitions to boost market share.
Claim Your Free Sample of the Global Carbon Dioxide Market Report Today!
https://www.thebusinessresearchcompany.com/sample.aspx?id=2691&type=smp
What Influences Are Propelling the carbon dioxide Market Forward?
The increased requirement for firefighting is predicted to facilitate the growth of the carbon dioxide market. The profession and practice of firefighting, which centers around extinguishing fires and dealing with fire-related emergencies, has its primary aims of saving lives, protecting property, and preserving the environment. Carbon dioxide has found widespread usage as a firefighting agent within specialized fire suppression mechanisms by supplanting oxygen and eradicating one of the key ingredients required for combustion, thereby reducing the likelihood of fire incidents and diminishing potential damage. As an example, the US-based non-profit entity, the National Fire Protection Association, reported in June 2023 a rise in deaths among firefighters and volunteers in 2022; with 38 and 51 fatalities respectively, compared to 27 and 35 in 2021. Thus, the augmented need for firefighting is fostering the growth of the carbon dioxide market.
What Key Segments Exist Within the Carbon Dioxide Market?
1) By Product Type: Liquid Carbon Dioxide, Solid Carbon Dioxide, Gaseous Carbon Dioxide
2) By Grade Type: Medical Grade, Food Grade, Industrial Grade, Other Grade
3) By Application: Food & Beverages, Oil & Gas, Medical, Rubber, Fire Fighting, Chemicals, Metal Products, Other Applications
What Trends Are Coming to the Forefront in the Carbon Dioxide Market?
To gain a competitive edge in the carbon dioxide market, major companies are focusing their efforts on creating innovative new products. A key example of this is the incorporation of recycled carbon dioxide (CO2) in cosmetic products. In July 2022, Beiersdorf AG, a Germany-based personal care product manufacturer, brought to market the NIVEA MEN Climate Care Moisturizer, an innovation made with recycled carbon dioxide (CO2) and produced using a carbon capture utilization process. In developing this product, carbon is collected and converted into ethanol, used subsequently in the moisturizer. This represents the first skincare product to leverage the cutting-edge carbon dioxide (CO2) recycling technology.
Order Now for Fast Delivery of Your Carbon Dioxide Market Report!
https://www.thebusinessresearchcompany.com/report/carbon-dioxide-global-market-report
What Regions Are Leading the Charge in the Carbon Dioxide Market?
Asia-Pacific was the largest region in the carbon dioxide market in 2023. North America was the second-largest region in the global carbon dioxide market. The regions covered in the carbon dioxide market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The Carbon Dioxide Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the carbon dioxide market, its market share, and analyzes key competitors along with their market positions.
The Table Of Content For The Carbon Dioxide Market Include
1. Carbon Dioxide Market Executive Summary
2. Carbon Dioxide Market Segments
3. Carbon Dioxide Market Size And Template Market Growth Rate
4. Key Carbon Dioxide Market Trends
5. Major Carbon Dioxide Market Drivers
……
25. Key Mergers And Acquisitions In The Carbon Dioxide Market
26. Top Carbon Dioxide Companies
27. Carbon Dioxide Market Opportunities And Strategies
28. Carbon Dioxide Market, Conclusions And Recommendations
29. Appendix
Discover Related Reports by The Business Research Company:
Gas Mixtures Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/gas-mixtures-global-market-report
Industrial Gas Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/industrial-gas-global-market-report
Industrial Gases-Glass Industry Global Market Report 2024
Learn More About The Business Research Company
The Business Research Company has published over 15000+ reports in 27 industries, spanning 60+ geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.
Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on:
