North America Dry Ice Market Overview:
For the global industry’s North America Dry Ice market analysis, a research team did thorough primary and secondary research. Secondary research was carried out in order to enhance the existing data, segment the market, estimate overall market size, and predict the market size, and growth rate.
The solid type of carbon dioxide is known as dry ice. Strong carbon dioxide is recognized by a direct stage change from strong to vaporous state without going through stage change into the liquid with increasing temperature. The North America Dry Ice mechanism includes compressing the vaporous type of carbon dioxide, followed by cooling to the liquefied type of CO2. The liquefied structure goes through pressurized expansion to acquire dry ice, sometimes otherwise called strong carbon dioxide. North America Dry Ice is as often as possible utilized than water-based ice because of its low temperature (- 78°C).
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North America Dry Ice Market Dynamics:
United States of America and Canada are expected to be the dominant region with several market players holding major share of the market, majorly due to the risen demand for dry ice in the healthcare industry as it is used by hospitals and laboratories in storage and transportation in the need to ship temperature-sensitive products. Dry ice can also be used to clean medical and industrial machineries by dry ice blasting method. Moreover, it’s significant usage in Food and Beverage market for preserving frozen foods will further drive the market. The rapidly increase in the demand for frozen foods, as well as the growing use of dry ice as a refrigerant in the food and shipping industries, are expected to significantly drive the dry ice market’s growth. Significant growth in the transportation industry will also support product shipping leading to impressive income growth opportunities for the dry ice market.
North America Dry Ice Market Segmentation:
The global dry ice market has been divided into various industry segments based on application, including storage and transportation, food and beverage, healthcare, and entertainment. A 5.2% share of the US GDP was contributed in 2021 by the food, beverage, and related industries, totaling USD 1.109 trillion. An increase in the number of people working, longer product shelf lives, and rising demand from a variety of consumers, including restaurants, hotels, and fast-food outlets, have all contributed to an increase in demand for frozen food in the United States. Cloud kitchen will also contribute to the regional dry ice market’s growth. Therefore, expanding uses of dry ice in the food, beverage, and healthcare sectors are predicted to fuel the market in the area.
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North America Dry Ice Market Key Players:
- Continental Carbonic Products (USA)
- Sutton-Garten (USA)
- Airgas Dry Ice (USA)
- Linde Canada (Canada)
- Agsco Corp. (USA)
- Infra Mexico (Mexico)
- Iceman (Canada)
- Polar Ice (Bahamas)
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