Liquefied carbon dioxide is a cryogenic liquid that is odorless, colorless and non-flammable. It gets transformed into a crystalline structure when discharged from a container. Liquefied carbon dioxide is inert and stable under normal atmospheric conditions and is acidic in nature. It is extracted from different sources like hydrogen plants and ammonia in purified liquid form. Industries such as power cement and steel produce carbon dioxide as a byproduct that is made to undergo pressure to get liquefied carbon dioxide.
The increase in industrialization and R&D for innovative technologies in enhanced oil recovery (EOR) along with carbon capture and storage (CCS) drives the market for liquefied carbon dioxide. Besides this, the development of juice & beverage industries owing to the surging demand as a result of the surging demand of carbonated drinks also supports the market for liquefied carbon dioxide market. However, various regulations like environmental protection agency and food & drug administration have limited the harmful emission of carbon dioxide as a byproduct by the industries, which acts as a restrain in the fruitful development of the liquefied carbon dioxide market. The growing agricultural industry as a result of increasing population is expected to bolster well the market for liquefied carbon dioxide market in the near future.
The "Global Liquefied Carbon Dioxide Market Analysis to 2028" is a specialized and in-depth study of the Chemicals and Materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the liquefied carbon dioxide market with detailed market segmentation by source, application and geography. The global liquefied carbon dioxide market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading liquefied carbon dioxide market players and offers key trends and opportunities in the market.
The global liquefied carbon dioxide market is segmented on the basis of source and application. On the basis of source, the liquefied carbon dioxide market is segmented into hydrogen, ethyl alcohol, ammonia, natural gas and others. As per application the market is bifurcated into food & beverages, chemicals, electronics, agriculture, healthcare and wastewater treatment.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global liquefied carbon dioxide market based on various segments. It also provides market size and forecast estimates from the year 2020to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The liquefied carbon dioxide 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 liquefied carbon dioxide 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 liquefied carbon dioxide market in these regions.
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The reports cover key developments in the liquefied carbon dioxide market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product 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 payers from liquefied carbon dioxide market are anticipated to lucrative growth opportunities in the future with the rising demand for liquefied carbon dioxide market in the global market. Below mentioned is the list of few companies engaged in the liquefied carbon dioxide market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the liquefied carbon dioxide market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
Air Liquide S.A.
Continental Carbonic Products, Inc.
Cosmos Engineering Industries Private Limited
INOX Air Products Ltd.
Philippine CO2 Industry Inc.
PT. Molindo Inti Gas
Showa Denko Gas Products Co., Ltd.
Universal Industrial Gases, Inc.
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.
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The List of Companies
1. Air Liquide S.A.
2. Continental Carbonic Products, Inc.
3. Cosmos Engineering Industries Private Limited
4. INOX Air Products Ltd.
5. Philippine CO2 Industry Inc.
6. Praxair, Inc.
7. PT. Molindo Inti Gas
8. Showa Denko Gas Products Co., Ltd.
9. Universal Industrial Gases, Inc.
10. Yara International ASA