South America Dry Ice Market Overviews
South America Dry Ice Market was valued at USD 70.13 Million in 2023. The South America Dry Ice Market size is estimated to grow at a CAGR of 4.2% over the forecast period.
Dry ice is a solid form of carbon dioxide that is colorless, odorless, non-flammable, and slightly acidic. It is produced by converting liquid CO2 into snow, which is then compressed into conveniently sized blocks and pellets. Dry ice is primarily used for food preservation, machine cleaning, and various industrial applications. Purified dry ice can be utilized for preserving food and beverages or even consumed with food, while impure dry ice, commonly used in industrial settings, has a wide range of applications in machine cleaning.
South America Dry Ice Market Scope and Methodology:
The rapidly increasing demand for frozen food options, along with the growing use of dry ice as a refrigerant in the food and transportation industries, will significantly drive the growth of the dry ice market. The expansion of the transportation sector is expected to enhance product delivery, creating opportunities for the dry ice market. With the rise in long-distance transportation, supermarkets and the healthcare industry are likely to generate substantial growth for dry ice during the forecast period. Additionally, significant advancements in the healthcare sector will present new opportunities, as dry ice is essential for preserving biological samples, medications, blood, organs, and body parts. Moreover, dry ice is crucial for transporting chemicals that require low-temperature storage, further contributing to the rising demand in the market.
South America Dry Ice Market Regional Insights
The qualitative and quantitative data provided in the South America Dry Ice Market report is to help understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the industry and market growth through the forecast period. The report also includes the competitive landscape of key players in the industry along with their recent developments in the South America Dry Ice market. The report studies factors such as company size, market share, market growth, revenue, Product volume, and profits of the key players in the South America Dry Ice market.
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South America Dry Ice Market Segmentation
The dry ice market is categorized by machine type into production machines and cleaning machines. In 2023, the cleaning machine segment emerged as the dominant force in the market, as it effectively cleans surfaces in challenging conditions where manual cleaning would be impractical. Additionally, dry ice cleaning significantly lowers labor costs, completing tasks more quickly than traditional manual methods. Regular preventive maintenance and cleaning can be conducted without compromising efficiency. This method minimizes downtime since equipment can be cleaned while still in operation. As a result of these advantages, many industrialists and multinational companies (MNCs) are increasingly adopting dry ice cleaning, thereby driving up the demand for cleaning machines.
South America Dry Ice Market Key Players
Atlantic Dry Ice (Brazil)
Septiembre (Argentina)
Getatoz (Colombia)
Continental Carbonic (Brazil)
Hielo Real (Argentina)
Air Liquide (Argentina)
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Key questions answered in the South America Dry Ice Market are:
- What is South America Dry Ice ?
- What was the South America Dry Ice market size in 2023?
- What is the growth rate of the South America Dry Ice Market?
- Which are the factors expected to drive the South America Dry Ice market growth?
- What are the different segments of the South America Dry Ice Market?
- What growth strategies are the players considering to increase their presence in South America Dry Ice ?
- What are the upcoming industry applications and trends for the South America Dry Ice Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the South America Dry Ice Market?
- Who are the leading companies and what are their portfolios in South America Dry Ice Market?
- What segments are covered in the South America Dry Ice Market?
- Who are the key players in the South America Dry Ice market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- 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 segment 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
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