Comprehensive Research Report on Global Carbon Dioxide Market Trends 2023-2028
What is the size of the Carbon Dioxide Market?
The Global Carbon Dioxide Market is projected to grow at a CAGR of around 4.87% during the forecast period, i.e., 2023-28. Reputable research company Markntel Advisors has conducted a thorough analysis of the Carbon Dioxide market, taking into account a variety of factors including current developments, trade laws, import-export analysis, production trends, changes in market laws, value chain optimisation, and market share insights. The study is precisely organised, with well-defined sections, chapters, and sub-categories that make it easy for readers to navigate.
The Carbon Dioxide Market Report also emphasises the importance of domestic and regional market players, developing revenue streams, strategic analysis of market growth, product approvals, the introduction of novel offerings, geographic expansions, and technological advancements. This report's main goal is to give readers a thorough understanding of the market while highlighting the unique characteristics, contributing factors, and other components that can potentially limit market growth.
Market Drivers:
Soaring Usage of Carbon Dioxide in the Food & Beverage Industry:
Over the past few years, the global population has significantly risen and has surged the requirements for food & beverage products. According to the United Nations, in 2022, the world population reached approximately 8 billion. Moreover, developing countries in the Asia-Pacific, like India, China, etc., are undergoing urbanization & industrialization due to the evolution plans such as China's 14th Five-Year Plan (2021-2025), India's Atal Mission for Rejuvenation and Urban Transformation (AMRUT) 2.0, etc., laid down by their governments.
As a result, the working population in these countries is significantly increasing. According to the Ministry of State Labour, in 2021, the employment rate in India increased to approximately 52.9%. This increase in the office-going population is resulting in a rise in demand for processed food & beverage products across the globe. Thus, to cater to this rising demand for food & beverages, the companies such as Coca-Cola, Goya Foods, etc., are expanding their food production capacity by setting up manufacturing units in different countries.
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What specific aspects are encompassed by the segmentation of the Carbon Dioxide Market?
The market segments that make up the Carbon Dioxide market are very diverse. These segments, which cover variations, trends, and market strategies, are precisely defined and clearly discussed. This all-inclusive strategy provides stakeholders with the crucial knowledge needed to take well-informed decisions and fully comprehend the market. The following segments make up the market:
By Source
-Merchant Liquid & Solid- Market Size & Forecast 2018-2028, (Thousand Tons)
By Application
-Food
-Beverage
-Chemical Manufacturing
-Enhanced Oil Recovery
-Metal Working and Others
-Merchant Gaseous- Market Size & Forecast 2018-2028, (Thousand Tons)
By Application
-Enhanced Oil Recovery
-Chemical Manufacturing
-Agriculture
-Fire Suppression
-Others
-Captive- Market Size & Forecast 2018-2028, (Thousand Tons)
By Application
-Enhanced Oil Recovery
-Fertilizers Production (Urea, etc.)
-Others
By Region
-North America
-Latin America
-Europe
-The Middle East & Africa
-Asia-Pacific
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Who are the key participants in the Carbon Dioxide Market?
- -Air Liquide S.A
- -Air Products and Chemicals
- -Linde Plc
- -Taiyo Nippon Sanso
- -Messer Group
- -Yara International ASA
- -BASF
- -Reliance Industries Ltd.
- -Others
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MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.
We understand the mounting & diverse needs of our clients. Hence, our analysts focus on emerging industries to provide services that fulfill their assessment of the current & future industry potential, identify white spaces & hotspots, & venture into new geographies or business segments in the future.
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