Liquid Carbon Dioxide Market: North America Will Continue to Hold the Largest Volume Share of 11,760 Kt by the End of 2026

Fact.MR’s 8-year outlook of the carbon dioxide market reveals optimistic growth opportunities against the backdrop of increasing emphasis on industrial applications of CO₂ in an effort to establish the low carbon economy.

Consumption of carbon dioxide witnessed a persistent rise during the historical period 2013-2017, and the status quo is expected to continue during the forecast period 2018-2026. According to Fact.MR, global carbon dioxide consumption is likely to reach nearly 23,000 KT in 2018, up from nearly 21,500 KT in 2017. The study shows that the carbon dioxide market remains moderately consolidated among tier 1 players and top 10 players collectively hold a revenue share of over 60%.Extensive application of carbon dioxide in the food and beverage industry range from carbonating drinks and wine conservation to preservation of packaged food. Study opines that demand for carbon dioxide from the food and beverage industry will continue to share a bulk of market share and account for worth US$ 2352.8 Mn by the end of 2026.

Consumption of carbon dioxide witnessed a persistent rise during the historical period 2013-2017, and the status quo is expected to continue during the forecast period 2018-2026. According to Fact.MR, global carbon dioxide consumption is likely to reach nearly 23,000 KT in 2018, up from nearly 21,500 KT in 2017. The study shows that the carbon dioxide market remains moderately consolidated among tier 1 players and top 10 players collectively hold a revenue share of over 60%.Extensive application of carbon dioxide in the food and beverage industry range from carbonating drinks and wine conservation to preservation of packaged food. Study opines that demand for carbon dioxide from the food and beverage industry will continue to share a bulk of market share and account for worth US$ 2352.8 Mn by the end of 2026.