CO2 Market Analysis and Research to Witness Relatively Significant Growth During 2018-2026

Posted on 2019-07-23 by Mark Hub in Industrial // 0 Comments

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.

Prominent factors impacting growth in terms of demand and sales of carbon dioxide such as trends, drivers, restraints and business potential are covered in this report on carbon dioxide market. The report on carbon dioxide market comprises of a historical analysis, present carbon dioxide market scenario and futuristic projections on carbon dioxide across key regions. 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.

Growing Eminence in Manufacture of Precipitated Calcium Carbonate to Offer Key Revenue Streams

Precipitated calcium carbonate (PCC) is extensively used across a multitude of applications and industries, with carbon dioxide being a vital part of its manufacture. Carbon dioxide is used during manufacturing of PCC, in a bid to establish a uniformity in the particle size distribution.

Tailored versions of PCC have been picking pace across multiple domains such as paper industry, polymer applications, and healthcare applications. This increasing vigor of PCC across a diverse set of applications, the carbon dioxide market is further likely to carry promising aspects for the carbon dioxide market.

Competitive Landscape

The competitive landscape in the research study on carbon dioxide market offers detailed information on the key stakeholders having a stronghold in the carbon dioxide market. Various prospects of the key players in the carbon dioxide market, such as product portfolio, technological innovations, key differential strategies, and other financials have been extensively covered. The report on carbon dioxide market features key companies such as Linde Group, Air Liquide, Praxair Inc., Air Products and Chemicals, Inc., Gulf Cryo, Abdullah Hashim Industrial & Equipment Co. Ltd, and many more.

Air Liquide, a key company in the CO₂ market, invested over US$ 33 Mn to produce carbon dioxide and nitrogen for Coca-Cola FEMSA in Colombia in 2016, thereby entering the Colombian industrial gas market. Moreover, the company signed an agreement with AVR in 2018, in a bid to facilitate the storage and distribution of liquid carbon dioxide recovered from the AVR carbon dioxide capture systems in the Netherlands.

Air Products and Chemicals, Inc., a leading player in the carbon dioxide market, acquired EPCO Carbon Dioxide Products, Inc., a privately-held producer and marketer of liquid carbon dioxide. This acquisition included 12 CO2 purification and liquefaction plants and distribution assets.

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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