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Exploring Carbon Dioxide Market Trends and Growth Potential in 2028


The Carbon Dioxide Market was valued at USD 280 million in 2022 and is projected to grow at a CAGR of around 4.87% during the forecast period, i.e., 2023-28. This comprehensive market research report has been recently released by Markntel Advisors, a prominent firm specializing in research, consulting, and data analytics, offering an extensive array of strategic reports across various industry sectors. The report systematically examines numerous factors that have significantly shaped the market dynamics in recent years.
Carbon Dioxide Market Driver:
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.
In 2023, ITC, a leading player in the FMCG sector, inaugurated its manufacturing unit worth USD54.76 million in India to expand its production capacity for processed food products.
The CO2 is essential in food & beverage manufacturing units for various purposes such as carbonation, Freezing & Cooling, pH control, etc. Thus, the setup of new food & beverage manufacturing units across the globe to cater to the growing demand for food & beverage is driving the Global Carbon Dioxide Market.
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How Has the Carbon Dioxide Market Been Divided?
In the report, we have conducted a thorough analysis of the market by breaking it down into various high-performing segments. We aim to clarify the factors that contribute to the success and increased market share of each segment. This analysis includes an examination of their significant impact on the   Carbon Dioxide market in terms of sales, expansion opportunities, job creation, and other vital factors. These components are categorized as follows:
Based on 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
Full Market Research Report - https://www.marknteladvisors.com/research-library/carbon-dioxide-market.html
The report highlights Geographical
By Country
- North America
- Latin America
- Europe
- The Middle East & Africa
- Asia-Pacific
where the Carbon Dioxide market is active to varying degrees. We place special emphasis on regions that have a predominant presence in the market, underlining their geographical significance in the context of the Carbon Dioxide market.
Competitive Benchmarking
In the Carbon Dioxide Market, prominent companies such Air Liquide S.A, Air Products and Chemicals, Linde Plc, Taiyo Nippon Sanso, Messer Group, Strandmøllen A / S, Yara International ASA, BASF, Air Water Group, Reliance Industries Ltd., Others are subject to thorough evaluation. Each company within this industry undergoes scrutiny based on the value of their products, their capabilities, and other noteworthy attributes. Additionally, this study encompasses various mergers and acquisitions, as well as recent product launches by these firms, aimed at acquainting stakeholders with the prevailing market dynamics.
Some of the Key Questions Answered in this Report:
  1. What are the growth projections for the years 2023-2028?
  2. Which market factors will aid in developing client and business strategies?
  3. What are the critical market opportunities for each segment enlisted in the research report?
  4. What are the primary growth tactics used by the major market players?
Why You Should Choose MarkNtel Advisors for Your Market Research Needs:
Valuable Insights for Informed Decisions: Our reports offer valuable and current insights that can be easily turned into actions. Whether you're a company looking to launch a new venture or expand profitably, our reports will guide you towards success.
Numerous Benefits: Our analysis of the Carbon Dioxide Market provides a wide range of advantages, including market research insights, comprehensive information, industry projections, and data trends.
In-Depth Analysis: Our Carbon Dioxide Market report goes deep into various industries, expertly examining important market trends, consumer behavior, and competitive landscapes. Stakeholders can expect a wealth of insights to shape their business strategies.
Our approach facilitates the identification of rapidly expanding companies within the industry, scrutinizing their profound impact on the Carbon Dioxide market in terms of sales, expansion, employment opportunities, and other pivotal aspects. Additionally, the report places particular emphasis on key components such as the regions where the market demonstrates varying levels of activity, with a specific focus on geographically dominant areas.
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About us –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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