Carbon Dioxide Market size was valued at US$ 8.91 Bn. in 2023. Global Carbon Dioxide Market is estimated to grow at a CAGR of 4.9% over the forecast period.
Carbon Dioxide Market Overview
Carbon Dioxide Market Report Scope and Research Methodology
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Carbon Dioxide Market Dynamics
The carbon dioxide (CO2) market is witnessing significant growth driven by the increased demand in the oil and gas industry, particularly for Enhanced Oil Recovery (EOR) applications. This technology utilizes CO2 gas to enhance the extraction of crude oil from oil fields. By pumping CO2 under high pressure into oil reservoirs, it facilitates the flow of oil through pipelines to the surface, thereby boosting oil recovery rates. Additionally, CO2 injection reduces the viscosity of recovered oil, making extraction more efficient. Moreover, CO2 is utilized to maintain pressure within formations in oil wells, further aiding in oil extraction processes.
Carbon Dioxide Market Regional Insights
Carbon Dioxide Market Segmentation
by Source
Hydrogen
Ethyl Alcohol
Ethylene Oxide
Substitute Natural Gas
Others
By Production
Combustion
Biological
by Application
Food & Beverages
Oil & Gas
Medical
Rubber
Fire Fighting
Others
Carbon Dioxide Market Key Players
- Air Liquide (France)
- Linde AG (Ireland)
- Matheson Tri-Gas (United States)
- Air Products and Chemicals, Inc.( United States)
- AIR WATER INC (Japan)
- Airgas (United States)
- Buzwair Industrial Gases Factories (Qatar)
- Gulf Cryo (United Arab Emirates)
- INOX Air Products Ltd. (India)
- Iwatani Corporation (Japan)
- Matheson Tri-Gas, Inc. (United States)
- Messer (Germany)
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Key Questions answered in the Carbon Dioxide Market Report are:
- What are the Carbon Dioxide market segments?
- Which segment in the Carbon Dioxide market is expected to grow rapidly during the forecast period?
- Which are the prominent players in the Carbon Dioxide market?
- What key trends are expected to emerge in the Carbon Dioxide market during the forecast period?
- What was the Carbon Dioxide market size in 2023?
- Which region dominated the global Carbon Dioxide market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2023)
- Past Pricing and price curve by region (2018 to 2023)
- Market Size, Share, Size & Forecast by different segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segments with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
About Stellar Market Research
Established in 2018, Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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