CO2 Market: End-Use Applications Such as Enhanced Oil Recovery and Cryogenic Preservation to Keep Growth Agile

Posted on 2019-03-29 by Mark Hub in Food & Beverage, Industrial // 0 Comments

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Rockville, USA, 2019-Mar-29 — /EPR Network/ — Rampant adoption across end-user verticals such as pharmaceuticals, chemicals, and F&B industries are likely to retain astral growth in CO2 Market. However, significant bottlenecks in the production and transportation of carbon dioxide, coupled with volatile pricing brackets are accounted to dampen onward growth in the coming years. Additionally, potential rise in pollution levels triggered by carbon dioxide production is also likely to impact growth significantly. Governments across the globe have therefore enacted stringent regulatory norms such as Carbon Capture and Storage (CCS) pertaining storage and safe transit of carbon dioxide with minimal hazardous impact on environment.

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One of the foremost end-use application of carbon dioxide gas lies in oil and gas reservoirs. Burgeoning advances in oil and gas market is expected to reciprocate growth in CO2 Market owing to massive adoption in oil reservoirs for enhanced oil recovery ventures. Novel initiatives to capture and store carbon dioxide underground to minimize hazardous implications have augmented unique techniques such as Enhanced Oil Recovery (EOR). EOR not only aids in enhanced oil production but also is ideal for carbon dioxide management. Initiatives as such are posed to drive ample growth in CO2 Market.

With exponential spike in global population, need for adequate food remains a major concern. F&B industry is fast embracing modern storing technologies such as cryogenic refrigeration to enhance the shelf life of diverse food items as well as beverages, owing to its quick and better preservation capabilities. Carbon dioxide remains a highly adopted gas in cryogenic processes.

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CO2 Market: Overview

The CO2 Market has been analyzed in detail to offer definitive forecast insights on the market for the period 2018-26. This report is an exhaustive compilation of a detailed overview of CO2 Market and analyzes the market in terms of market dynamics, macro and micro-economic determinants that shape market growth, also shedding light on other relevant factors that direct future prospects of the market trajectory.

The report aims to offer readers with ample competitive advantage and cues on market entry barriers, based on which aspiring market entrants as well as established players can drive profitable investment discretion. To aid readers’ understanding the report is systematically classified into detailed chapters. In its trailing sections the report also includes a detailed chapter on segmental analysis of CO2 Market to offer veritable insights on segments’ historical and future growth estimations. Further in the course of the report readers are also enlightened about regional assessment of pivotal factors.

Detailed overview of CO2 Market spectrum presented in the report banks upon a robust research methodology comprising primary and secondary researches that divulge relevant and timely market intelligence figures.

CO2 Market: Competition Landscape

This section of the report offers a detailed section on key contributors in CO2 Market. A dashboard view of each of the mentioned profiles complete with detailed insights on their respective SWOT analysis along with detailed assessment of their product portfolio, market contribution, as well as recent developments have been slated to aid readers’ understanding about the competition spectrum.

The report allows readers to maneuver competitive and tactical business strategies based on aforementioned insights and ensure sustained revenue pools in CO2 Market.

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