Carbon Dioxide (CO2) Market 2022: Industry Size, Emerging Trends, Growth Insights, Opportunities, and Forecast By 2028
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Carbon dioxide is a chemical compound composed of one carbon and two oxygen atoms. It is often referred to by its formula CO2. It is present in the Earth's atmosphere at a low concentration and acts as a greenhouse gas. In its solid state, it is called dry ice. It is a major component of the carbon cycle.
This report aims to provide a comprehensive presentation of the global market for Carbon Dioxide (CO2) study by Market Intellix gives insights concerning the market elements influencing the market, Market scope, Market division, and overlays shadow upon the leading market players featuring the positive cutthroat scene and patterns beating the years.
Global Carbon Dioxide (CO2) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Carbon Dioxide (CO2) Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Carbon Dioxide (CO2) companies in 2021 (%)
The global Carbon Dioxide (CO2) market was valued at 5879.4 million in 2021 and is projected to reach US$ 8690.9 million by 2028, at a CAGR of 5.7% during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Below 3N Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Carbon Dioxide (CO2) include Linde, Air Liquid, Air Products and Chemicals, Taiyo Nippon Sanso, Messer Group, India Glycols, SOL Group, Air Water and Hunan Kaimeite Gases, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
The study provides the Carbon Dioxide (CO2) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Segmental Outline:
Global Carbon Dioxide (CO2) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Carbon Dioxide (CO2) Market Segment Percentages, by Type, 2021 (%)
Below 3N
3N-4N
Above 4N
Global Carbon Dioxide (CO2) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Carbon Dioxide (CO2) Market Segment Percentages, by Application, 2021 (%)
Food and Beverages
Chemical
Medical
Metal
Frozen and Refrigerated
Others
Global Carbon Dioxide (CO2) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Carbon Dioxide (CO2) Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Carbon Dioxide (CO2) revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Carbon Dioxide (CO2) revenues share in global market, 2021 (%)
Key companies Carbon Dioxide (CO2) sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Carbon Dioxide (CO2) sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Linde
Air Liquid
Air Products and Chemicals
Taiyo Nippon Sanso
Messer Group
India Glycols
SOL Group
Air Water
Hunan Kaimeite Gases
Gulf Cryo
Yulong gas
Jinhong Gas Shares
Jiangsu Huayang liquid carbon
Gabardine gas
Yankuang Guohong Chemical Co
Shandong Yingxuan Industry
Dehua chemicals
Cryogenic energy
Dongguang chemical
Jilin Baicheng gas
Union chemical industry
Ke Yi Gas Shares
HaoYuan chemical
Nanjing Oil Refinery
This Report Addresses:
– Market Intelligence enables effective decision-making
– Market estimates and forecasts from 2022 to 2028
– Growth opportunities and trend analysis
– Segment and regional revenue forecast for market evaluation
– Competitive strategy and analysis of market segments
– List of product innovations to stay on top.
– The impact of COVID-19 and how to survive in these fast-growing markets.
1 Introduction to Research & Analysis Reports
1.1 Carbon Dioxide (CO2) Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Carbon Dioxide (CO2) Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Carbon Dioxide (CO2) Overall Market Size
2.1 Global Carbon Dioxide (CO2) Market Size: 2021 VS 2028
2.2 Global Carbon Dioxide (CO2) Revenue, Prospects & Forecasts: 2017-2028
2.3 Global Carbon Dioxide (CO2) Sales: 2017-2028
3 Company Landscape
3.1 Top Carbon Dioxide (CO2) Players in Global Market
3.2 Top Global Carbon Dioxide (CO2) Companies Ranked by Revenue
3.3 Global Carbon Dioxide (CO2) Revenue by Companies
3.4 Global Carbon Dioxide (CO2) Sales by Companies
3.5 Global Carbon Dioxide (CO2) Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 Carbon Dioxide (CO2) Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers Carbon Dioxide (CO2) Product Type
3.8 Tier 1, Tier 2 and Tier 3 Carbon Dioxide (CO2) Players in Global Market
3.8.1 List of Global Tier 1 Carbon Dioxide (CO2) Companies
3.8.2 List of Global Tier 2 and Tier 3 Carbon Dioxide (CO2) Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Carbon Dioxide (CO2) Market Size Markets, 2021 & 2028
4.1.2 Below 3N
4.1.3 3N-4N
4.1.4 Above 4N
4.2 By Type - Global Carbon Dioxide (CO2) Revenue & Forecasts
4.2.1 By Type - Global Carbon Dioxide (CO2) Revenue, 2017-2022
4.2.2 By Type - Global Carbon Dioxide (CO2) Revenue, 2023-2028
4.2.3 By Type - Global Carbon Dioxide (CO2) Revenue Market Share, 2017-2028
4.3 By Type - Global Carbon Dioxide (CO2) Sales & Forecasts
4.3.1 By Type - Global Carbon Dioxide (CO2) Sales, 2017-2022
4.3.2 By Type - Global Carbon Dioxide (CO2) Sales, 2023-2028
4.3.3 By Type - Global Carbon Dioxide (CO2) Sales Market Share, 2017-2028
4.4 By Type - Global Carbon Dioxide (CO2) Price (Manufacturers Selling Prices), 2017-2028
5 Sights By Application
5.1 Overview
5.1.1 By Application - Global Carbon Dioxide (CO2) Market Size, 2021 & 2028
5.1.2 Food and Beverages
5.1.3 Chemical
5.1.4 Medical
5.1.5 Metal
5.1.6 Frozen and Refrigerated
5.1.7 Others
5.2 By Application - Global Carbon Dioxide (CO2) Revenue & Forecasts
5.2.1 By Application - Global Carbon Dioxide (CO2) Revenue, 2017-2022
5.2.2 By Application - Global Carbon Dioxide (CO2) Revenue, 2023-2028
5.2.3 By Application - Global Carbon Dioxide (CO2) Revenue Market Share, 2017-2028
5.3 By Application - Global Carbon Dioxide (CO2) Sales & Forecasts
5.3.1 By Application - Global Carbon Dioxide (CO2) Sales, 2017-2022
5.3.2 By Application - Global Carbon Dioxide (CO2) Sales, 2023-2028
5.3.3 By Application - Global Carbon Dioxide (CO2) Sales Market Share, 2017-2028
5.4 By Application - Global Carbon Dioxide (CO2) Price (Manufacturers Selling Prices), 2017-2028
6 Sights by Region
6.1 By Region - Global Carbon Dioxide (CO2) Market Size, 2021 & 2028
6.2 By Region - Global Carbon Dioxide (CO2) Revenue & Forecasts
6.2.1 By Region - Global Carbon Dioxide (CO2) Revenue, 2017-2022
6.2.2 By Region - Global Carbon Dioxide (CO2) Revenue, 2023-2028
6.2.3 By Region - Global Carbon Dioxide (CO2) Revenue Market Share, 2017-2028
6.3 By Region - Global Carbon Dioxide (CO2) Sales & Forecasts
6.3.1 By Region - Global Carbon Dioxide (CO2) Sales, 2017-2022
6.3.2 By Region - Global Carbon Dioxide (CO2) Sales, 2023-2028
6.3.3 By Region - Global Carbon Dioxide (CO2) Sales Market Share, 2017-2028
6.4 North America
6.4.1 By Country - North America Carbon Dioxide (CO2) Revenue, 2017-2028
6.4.2 By Country - North America Carbon Dioxide (CO2) Sales, 2017-2028
6.4.3 US Carbon Dioxide (CO2) Market Size, 2017-2028
6.4.4 Canada Carbon Dioxide (CO2) Market Size, 2017-2028
6.4.5 Mexico Carbon Dioxide (CO2) Market Size, 2017-2028
6.5 Europe
6.5.1 By Country - Europe Carbon Dioxide (CO2) Revenue, 2017-2028
6.5.2 By Country - Europe Carbon Dioxide (CO2) Sales, 2017-2028
6.5.3 Germany Carbon Dioxide (CO2) Market Size, 2017-2028
6.5.4 France Carbon Dioxide (CO2) Market Size, 2017-2028
6.5.5 U.K. Carbon Dioxide (CO2) Market Size, 2017-2028
6.5.6 Italy Carbon Dioxide (CO2) Market Size, 2017-2028
6.5.7 Russia Carbon Dioxide (CO2) Market Size, 2017-2028
6.5.8 Nordic Countries Carbon Dioxide (CO2) Market Size, 2017-2028
6.5.9 Benelux Carbon Dioxide (CO2) Market Size, 2017-2028
6.6 Asia
6.6.1 By Region - Asia Carbon Dioxide (CO2) Revenue, 2017-2028
6.6.2 By Region - Asia Carbon Dioxide (CO2) Sales, 2017-2028
6.6.3 China Carbon Dioxide (CO2) Market Size, 2017-2028
6.6.4 Japan Carbon Dioxide (CO2) Market Size, 2017-2028
6.6.5 South Korea Carbon Dioxide (CO2) Market Size, 2017-2028
6.6.6 Southeast Asia Carbon Dioxide (CO2) Market Size, 2017-2028
6.6.7 India Carbon Dioxide (CO2) Market Size, 2017-2028
6.7 South America
6.7.1 By Country - South America Carbon Dioxide (CO2) Revenue, 2017-2028
6.7.2 By Country - South America Carbon Dioxide (CO2) Sales, 2017-2028
6.7.3 Brazil Carbon Dioxide (CO2) Market Size, 2017-2028
6.7.4 Argentina Carbon Dioxide (CO2) Market Size, 2017-2028
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Carbon Dioxide (CO2) Revenue, 2017-2028
6.8.2 By Country - Middle East & Africa Carbon Dioxide (CO2) Sales, 2017-2028
6.8.3 Turkey Carbon Dioxide (CO2) Market Size, 2017-2028
6.8.4 Israel Carbon Dioxide (CO2) Market Size, 2017-2028
6.8.5 Saudi Arabia Carbon Dioxide (CO2) Market Size, 2017-2028
6.8.6 UAE Carbon Dioxide (CO2) Market Size, 2017-2028
7 Manufacturers & Brands Profiles
7.1 Linde
7.1.1 Linde Corporate Summary
7.1.2 Linde Business Overview
7.1.3 Linde Carbon Dioxide (CO2) Major Product Offerings
7.1.4 Linde Carbon Dioxide (CO2) Sales and Revenue in Global (2017-2022)
7.1.5 Linde Key News
7.2 Air Liquid
7.2.1 Air Liquid Corporate Summary
7.2.2 Air Liquid Business Overview
7.2.3 Air Liquid Carbon Dioxide (CO2) Major Product Offerings
7.2.4 Air Liquid Carbon Dioxide (CO2) Sales and Revenue in Global (2017-2022)
7.2.5 Air Liquid Key News
7.3 Air Products and Chemicals
7.3.1 Air Products and Chemicals Corporate Summary
7.3.2 Air Products and Chemicals Business Overview
7.3.3 Air Products and Chemicals Carbon Dioxide (CO2) Major Product Offerings
7.3.4 Air Products and Chemicals Carbon Dioxide (CO2) Sales and Revenue in Global (2017-2022)
7.3.5 Air Products and Chemicals Key News
7.4 Taiyo Nippon Sanso
7.4.1 Taiyo Nippon Sanso Corporate Summary
7.4.2 Taiyo Nippon Sanso Business Overview
7.4.3 Taiyo Nippon Sanso Carbon Dioxide (CO2) Major Product Offerings
7.4.4 Taiyo Nippon Sanso Carbon Dioxide (CO2) Sales and Revenue in Global (2017-2022)
7.4.5 Taiyo Nippon Sanso Key News
7.5 Messer Group
7.5.1 Messer Group Corporate Summary
7.5.2 Messer Group Business Overview
7.5.3 Messer Group Carbon Dioxide (CO2) Major Product Offerings
7.5.4 Messer Group Carbon Dioxide (CO2) Sales and Revenue in Global (2017-2022)
7.5.5 Messer Group Key News
7.6 India Glycols
7.6.1 India Glycols Corporate Summary
7.6.2 India Glycols Business Overview
7.6.3 India Glycols Carbon Dioxide (CO2) Major Product Offerings
7.6.4 India Glycols Carbon Dioxide (CO2) Sales and Revenue in Global (2017-2022)
7.6.5 India Glycols Key News
7.7 SOL Group
7.7.1 SOL Group Corporate Summary
7.7.2 SOL Group Business Overview
7.7.3 SOL Group Carbon Dioxide (CO2) Major Product Offerings
7.7.4 SOL Group Carbon Dioxide (CO2) Sales and Revenue in Global (2017-2022)
7.7.5 SOL Group Key News
7.8 Air Water
7.8.1 Air Water Corporate Summary
7.8.2 Air Water Business Overview
7.8.3 Air Water Carbon Dioxide (CO2) Major Product Offerings
7.8.4 Air Water Carbon Dioxide (CO2) Sales and Revenue in Global (2017-2022)
7.8.5 Air Water Key News
7.9 Hunan Kaimeite Gases
7.9.1 Hunan Kaimeite Gases Corporate Summary
7.9.2 Hunan Kaimeite Gases Business Overview
7.9.3 Hunan Kaimeite Gases Carbon Dioxide (CO2) Major Product Offerings
7.9.4 Hunan Kaimeite Gases Carbon Dioxide (CO2) Sales and Revenue in Global (2017-2022)
7.9.5 Hunan Kaimeite Gases Key News
7.10 Gulf Cryo
7.10.1 Gulf Cryo Corporate Summary
7.10.2 Gulf Cryo Business Overview
7.10.3 Gulf Cryo Carbon Dioxide (CO2) Major Product Offerings
7.10.4 Gulf Cryo Carbon Dioxide (CO2) Sales and Revenue in Global (2017-2022)
7.10.5 Gulf Cryo Key News
7.11 Yulong gas
7.11.1 Yulong gas Corporate Summary
7.11.2 Yulong gas Carbon Dioxide (CO2) Business Overview
7.11.3 Yulong gas Carbon Dioxide (CO2) Major Product Offerings
7.11.4 Yulong gas Carbon Dioxide (CO2) Sales and Revenue in Global (2017-2022)
7.11.5 Yulong gas Key News
7.12 Jinhong Gas Shares
7.12.1 Jinhong Gas Shares Corporate Summary
7.12.2 Jinhong Gas Shares Carbon Dioxide (CO2) Business Overview
7.12.3 Jinhong Gas Shares Carbon Dioxide (CO2) Major Product Offerings
7.12.4 Jinhong Gas Shares Carbon Dioxide (CO2) Sales and Revenue in Global (2017-2022)
7.12.5 Jinhong Gas Shares Key News
7.13 Jiangsu Huayang liquid carbon
7.13.1 Jiangsu Huayang liquid carbon Corporate Summary
7.13.2 Jiangsu Huayang liquid carbon Carbon Dioxide (CO2) Business Overview
7.13.3 Jiangsu Huayang liquid carbon Carbon Dioxide (CO2) Major Product Offerings
7.13.4 Jiangsu Huayang liquid carbon Carbon Dioxide (CO2) Sales and Revenue in Global (2017-2022)
7.13.5 Jiangsu Huayang liquid carbon Key News
7.14 Gabardine gas
7.14.1 Gabardine gas Corporate Summary
7.14.2 Gabardine gas Business Overview
7.14.3 Gabardine gas Carbon Dioxide (CO2) Major Product Offerings
7.14.4 Gabardine gas Carbon Dioxide (CO2) Sales and Revenue in Global (2017-2022)
7.14.5 Gabardine gas Key News
7.15 Yankuang Guohong Chemical Co
7.15.1 Yankuang Guohong Chemical Co Corporate Summary
7.15.2 Yankuang Guohong Chemical Co Business Overview
7.15.3 Yankuang Guohong Chemical Co Carbon Dioxide (CO2) Major Product Offerings
7.15.4 Yankuang Guohong Chemical Co Carbon Dioxide (CO2) Sales and Revenue in Global (2017-2022)
7.15.5 Yankuang Guohong Chemical Co Key News
7.16 Shandong Yingxuan Industry
7.16.1 Shandong Yingxuan Industry Corporate Summary
7.16.2 Shandong Yingxuan Industry Business Overview
7.16.3 Shandong Yingxuan Industry Carbon Dioxide (CO2) Major Product Offerings
7.16.4 Shandong Yingxuan Industry Carbon Dioxide (CO2) Sales and Revenue in Global (2017-2022)
7.16.5 Shandong Yingxuan Industry Key News
7.17 Dehua chemicals
7.17.1 Dehua chemicals Corporate Summary
7.17.2 Dehua chemicals Business Overview
7.17.3 Dehua chemicals Carbon Dioxide (CO2) Major Product Offerings
7.17.4 Dehua chemicals Carbon Dioxide (CO2) Sales and Revenue in Global (2017-2022)
7.17.5 Dehua chemicals Key News
7.18 Cryogenic energy
7.18.1 Cryogenic energy Corporate Summary
7.18.2 Cryogenic energy Business Overview
7.18.3 Cryogenic energy Carbon Dioxide (CO2) Major Product Offerings
7.18.4 Cryogenic energy Carbon Dioxide (CO2) Sales and Revenue in Global (2017-2022)
7.18.5 Cryogenic energy Key News
7.19 Dongguang chemical
7.19.1 Dongguang chemical Corporate Summary
7.19.2 Dongguang chemical Business Overview
7.19.3 Dongguang chemical Carbon Dioxide (CO2) Major Product Offerings
7.19.4 Dongguang chemical Carbon Dioxide (CO2) Sales and Revenue in Global (2017-2022)
7.19.5 Dongguang chemical Key News
7.20 Jilin Baicheng gas
7.20.1 Jilin Baicheng gas Corporate Summary
7.20.2 Jilin Baicheng gas Business Overview
7.20.3 Jilin Baicheng gas Carbon Dioxide (CO2) Major Product Offerings
7.20.4 Jilin Baicheng gas Carbon Dioxide (CO2) Sales and Revenue in Global (2017-2022)
7.20.5 Jilin Baicheng gas Key News
7.21 Union chemical industry
7.21.1 Union chemical industry Corporate Summary
7.21.2 Union chemical industry Business Overview
7.21.3 Union chemical industry Carbon Dioxide (CO2) Major Product Offerings
7.21.4 Union chemical industry Carbon Dioxide (CO2) Sales and Revenue in Global (2017-2022)
7.21.5 Union chemical industry Key News
7.22 Ke Yi Gas Shares
7.22.1 Ke Yi Gas Shares Corporate Summary
7.22.2 Ke Yi Gas Shares Business Overview
7.22.3 Ke Yi Gas Shares Carbon Dioxide (CO2) Major Product Offerings
7.22.4 Ke Yi Gas Shares Carbon Dioxide (CO2) Sales and Revenue in Global (2017-2022)
7.22.5 Ke Yi Gas Shares Key News
7.23 HaoYuan chemical
7.23.1 HaoYuan chemical Corporate Summary
7.23.2 HaoYuan chemical Business Overview
7.23.3 HaoYuan chemical Carbon Dioxide (CO2) Major Product Offerings
7.23.4 HaoYuan chemical Carbon Dioxide (CO2) Sales and Revenue in Global (2017-2022)
7.23.5 HaoYuan chemical Key News
7.24 Nanjing Oil Refinery
7.24.1 Nanjing Oil Refinery Corporate Summary
7.24.2 Nanjing Oil Refinery Business Overview
7.24.3 Nanjing Oil Refinery Carbon Dioxide (CO2) Major Product Offerings
7.24.4 Nanjing Oil Refinery Carbon Dioxide (CO2) Sales and Revenue in Global (2017-2022)
7.24.5 Nanjing Oil Refinery Key News
8 Global Carbon Dioxide (CO2) Production Capacity, Analysis
8.1 Global Carbon Dioxide (CO2) Production Capacity, 2017-2028
8.2 Carbon Dioxide (CO2) Production Capacity of Key Manufacturers in Global Market
8.3 Global Carbon Dioxide (CO2) Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Carbon Dioxide (CO2) Supply Chain Analysis
10.1 Carbon Dioxide (CO2) Industry Value Chain
10.2 Carbon Dioxide (CO2) Upstream Market
10.3 Carbon Dioxide (CO2) Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Carbon Dioxide (CO2) Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
Research Methodology:
Carbon Dioxide (CO2) Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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