Dry Ice Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Type (Pellets, Blocks, Others); Application (Food and Beverages, Storage and Transportation, Healthcare, Industrial Applications, Others) and Geography
Report Code: TIPRE00019661 No. of Pages: 150 Category: Food and Beverages Status: Upcoming
MARKET INTRODUCTION
Dry ice is a solid form of carbon dioxide. Stable carbon dioxide is characterized by phase change from a solid-state directly to a gaseous state without changing into the liquid state with an increase in temperature. Dry ice is often used instead of traditional water-based ice due to relatively lower temperature(-79 degrees) of dry ice compared to that of water-based ice simultaneously; it does not melt into a liquid form, rendering it free from waste generation. Also, dry ice is non-flammable and non-toxic as opposed to some of the other refrigerants used.
MARKET DYNAMICS
The dry ice market has witnessed significant growth due to rise in grocery stores and healthcare industry. Moreover, rapidly increasing demand for frozen foods and growing use of dry ice as refrigerant across the food and shipping industries provides a huge market opportunity for the key players operating in the dry ice market. However, inability of dry ice in long-term storage is projected to hamper the overall growth of the dry ice market in the forecast period.
MARKET SCOPE
The "Global Dry Ice Market Analysis to 2027" is a specialized and in-depth study of the Food and Beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the dry ice market with detailed market segmentation type, application, and geography. The global dry ice market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading dry ice market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global dry ice market is segmented on the basis of type and application. On the basis of type, the global dry ice market is divided into pellets, blocks, and others. On the basis of application, the global dry ice market is divided into food & beverages, storage & transportation, healthcare, industrial applications, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative intypeation. It provides an overview and forecast of the global dry ice market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The dry ice market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the dry ice market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the dry ice market in these regions.
The reports cover key developments in the dry ice market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as type launches, type approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from dry ice market is anticipated to lucrative growth opportunities in the future with the rising demand for dry ice in the global market. Below mentioned is the list of few companies engaged in the dry ice market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the dry ice market. In addition, the report focuses on leading industry players with intypeation such as company profiles, components, and services offered, financial intypeation of the last 3 years, the key development in the past five years.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
Dry ice is a solid form of carbon dioxide. Stable carbon dioxide is characterized by phase change from a solid-state directly to a gaseous state without changing into the liquid state with an increase in temperature. Dry ice is often used instead of traditional water-based ice due to relatively lower temperature(-79 degrees) of dry ice compared to that of water-based ice simultaneously; it does not melt into a liquid form, rendering it free from waste generation. Also, dry ice is non-flammable and non-toxic as opposed to some of the other refrigerants used.
MARKET DYNAMICS
The dry ice market has witnessed significant growth due to rise in grocery stores and healthcare industry. Moreover, rapidly increasing demand for frozen foods and growing use of dry ice as refrigerant across the food and shipping industries provides a huge market opportunity for the key players operating in the dry ice market. However, inability of dry ice in long-term storage is projected to hamper the overall growth of the dry ice market in the forecast period.
MARKET SCOPE
The "Global Dry Ice Market Analysis to 2027" is a specialized and in-depth study of the Food and Beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the dry ice market with detailed market segmentation type, application, and geography. The global dry ice market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading dry ice market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global dry ice market is segmented on the basis of type and application. On the basis of type, the global dry ice market is divided into pellets, blocks, and others. On the basis of application, the global dry ice market is divided into food & beverages, storage & transportation, healthcare, industrial applications, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative intypeation. It provides an overview and forecast of the global dry ice market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The dry ice market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the dry ice market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the dry ice market in these regions.
The reports cover key developments in the dry ice market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as type launches, type approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from dry ice market is anticipated to lucrative growth opportunities in the future with the rising demand for dry ice in the global market. Below mentioned is the list of few companies engaged in the dry ice market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the dry ice market. In addition, the report focuses on leading industry players with intypeation such as company profiles, components, and services offered, financial intypeation of the last 3 years, the key development in the past five years.
- Air Liquide
- Continental Carbonic Products Inc.
- Dry Ice Corp.
- Dry Ice UK Ltd
- Messer Group
- Polar Ice
- Praxair Technology Inc.
- Sicgil India
- US Ice Carvers
- Yara International ASA
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.