Carbon Dioxide Global Market To Grow At Rate Of 15% Through 2026

The Business Research Company’s Carbon Dioxide Global Market Report 2022: Market Size, Trends, And Forecast To 2026

LONDON, GREATER LONDON, UK, July 13, 2022 /EINPresswire.com/ -- According to ‘Carbon Dioxide Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the carbon dioxide market size is expected to grow from $11.3 billion in 2021 to $13.15 billion in 2022 at a compound annual growth rate (CAGR) of 16.3%. The global carbon dioxide market size is expected to grow to $23.19 billion in 2026 at a CAGR of 15.2%. Increased demand for the EOR market supported with massive investments in advanced technologies drove the carbon dioxide market and is also expected to drive the growth of the market in the next five years.

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The carbon dioxide market consists of sales of carbon dioxide and its related services in the form of liquid, gas, and solid. Carbon dioxide is a colorless chemical element that is a product of both fermentation and combustion. It is widely used in the food industry for applications such as removing the caffeine from coffee beans to make decaffeinated coffee and for carbonating beer, soft drinks, etc. Also used for cooling in food and manufacturing industries.

Global Carbon Dioxide Market Trends
Carbon dioxide manufacturers are using advanced carbon capture and storage (CCS) technologies to effectively capture, purify, liquefy, and store carbon dioxide. CCS works by trapping carbon dioxide at its emission source and transporting it to a storage site. It is a technology that captures around 90% of the carbon dioxide emissions generated from the use of fossil fuels in electricity production and industrial processes. CCS technologies offer an effective method for capturing carbon dioxide, restraining the carbon dioxide from entering the environment.

Global Carbon Dioxide Market Segments
The global carbon dioxide market is segmented:
By Product Type: Liquid Carbon Dioxide, Solid Carbon Dioxide, Gaseous Carbon Dioxide
By Source: Hydrogen, Ethyl Alcohol, Ethylene Oxide, Substitute Natural Gas, Others
By Application: Food and Beverages, Oil and Gas, Medical, Rubber, Fire Fighting, Others
By Geography: The global carbon dioxide market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific accounts for the largest share.

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Carbon Dioxide Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides carbon dioxide industry overview, carbon dioxide market analysis and forecasts market size and growth for the carbon dioxide global market, carbon dioxide global market share, carbon dioxide global market segments and geographies, carbon dioxide global market players, carbon dioxide global market leading competitor revenues, profiles and market shares. The carbon dioxide global market research report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.

TBRC’s Carbon Dioxide Global Market Report 2022 includes information on the following:

Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies

Key Market Players: AGA, Air Liquide, Air Products and Chemicals, Inc, AIR WATER INC, Airgas, Buzwair Industrial Gases Factories, Continental Carbonic Products, Cosmo Engineering, EPC Engineering & Technologies GmbH, and Gulf Cryo.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

And so much more.

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