Global Carbon Dioxide Market 2025-2029

Description

List of Tables

The carbon dioxide market is forecasted to grow by USD 2359.8 million during 2024-2029, accelerating at a CAGR of 4.7% during the forecast period. The report on the carbon dioxide market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for CO2 in oil and gas industry, increasing number of applications in food and beverages industry, and development of advanced carbon capturing and storage technologies.

Market Scope
Base Year	2025
End Year	2029
Series Year	2025-2029
Growth Momentum	Accelerate
YOY 2025	4.5%
CAGR	4.7%
Incremental Value	$2359.8 mn

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's carbon dioxide market is segmented as below:

By Technology

Combustion
Biological

By Application

Enhanced oil recovery
Food and beverages
Precipitated calcium carbonate
Others

By Source

Ethyl alcohol
Hydrogen
Substitute natural gas
Ethylene oxide
Others

By Geographical Landscape

APAC
North America
Europe
Middle East and Africa
South America

This study identifies the increase in research and development activities for new applications as one of the prime reasons driving the carbon dioxide market growth during the next few years. Also, increasing adoption of carboxytherapy and rising use of CO2 to support climate goals will lead to sizable demand in the market.

The report on the carbon dioxide market covers the following areas:

Carbon Dioxide Market sizing
Carbon Dioxide Market forecast
Carbon Dioxide Market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading carbon dioxide market vendors that include Air Liquide SA, Air Products and Chemicals Inc., Axcel Gases, BASF SE, Buzwair Group, Chengdu Taiyu Industrial Gases Co., Ltd., Ellenbarrie Industrial Gases Ltd., Gulfcryo, Jinhong Gas Co. Ltd., Linde PLC, Messer SE and Co. KGaA, Mitsubishi Chemical Group Corp., Pavan Industrial Gases Pvt. Ltd., Praxair, Inc, Reliant Gases, Salasar Carbonics Pvt. Ltd., SOL Spa, Steelman Gases Pvt. Ltd., Universal Industrial Gases Inc., and Westfalen AG. Also, the carbon dioxide market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR71398

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Technology
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Market Segmentation by Source
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
- Overview on factors of disruption
2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029

3 Market Landscape

3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
3.2 Market characteristics
- Market characteristics analysis
3.3 Value chain analysis
- Value chain analysis

4 Market Sizing

4.1 Market definition
- Offerings of companies included in the market definition
4.2 Market segment analysis
- Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
- Chart on Global - Market size and forecast 2024-2029 ($ million)
- Data Table on Global - Market size and forecast 2024-2029 ($ million)
- Chart on Global Market: Year-over-year growth 2024-2029 (%)
- Data Table on Global Market: Year-over-year growth 2024-2029 (%)

5 Historic Market Size

5.1 Global Carbon Dioxide Market 2019 - 2023
- Historic Market Size - Data Table on Global Carbon Dioxide Market 2019 - 2023 ($ million)
5.2 Technology segment analysis 2019 - 2023
- Historic Market Size - Technology Segment 2019 - 2023 ($ million)
5.3 Application segment analysis 2019 - 2023
- Historic Market Size - Application Segment 2019 - 2023 ($ million)
5.4 Source segment analysis 2019 - 2023
- Historic Market Size - Source Segment 2019 - 2023 ($ million)
5.5 Geography segment analysis 2019 - 2023
- Historic Market Size - Geography Segment 2019 - 2023 ($ million)
5.6 Country segment analysis 2019 - 2023
- Historic Market Size - Country Segment 2019 - 2023 ($ million)

6 Qualitative Analysis

6.1 Impact of AI on global carbon dioxide market

7 Five Forces Analysis

7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029

8 Market Segmentation by Technology

8.1 Market segments
- Chart on Technology - Market share 2024-2029 (%)
- Data Table on Technology - Market share 2024-2029 (%)
8.2 Comparison by Technology
- Chart on Comparison by Technology
- Data Table on Comparison by Technology
8.3 Combustion - Market size and forecast 2024-2029
- Chart on Combustion - Market size and forecast 2024-2029 ($ million)
- Data Table on Combustion - Market size and forecast 2024-2029 ($ million)
- Chart on Combustion - Year-over-year growth 2024-2029 (%)
- Data Table on Combustion - Year-over-year growth 2024-2029 (%)
8.4 Biological - Market size and forecast 2024-2029
- Chart on Biological - Market size and forecast 2024-2029 ($ million)
- Data Table on Biological - Market size and forecast 2024-2029 ($ million)
- Chart on Biological - Year-over-year growth 2024-2029 (%)
- Data Table on Biological - Year-over-year growth 2024-2029 (%)
8.5 Market opportunity by Technology
- Market opportunity by Technology ($ million)
- Data Table on Market opportunity by Technology ($ million)

9 Market Segmentation by Application

9.1 Market segments
- Chart on Application - Market share 2024-2029 (%)
- Data Table on Application - Market share 2024-2029 (%)
9.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
9.3 Enhanced oil recovery - Market size and forecast 2024-2029
- Chart on Enhanced oil recovery - Market size and forecast 2024-2029 ($ million)
- Data Table on Enhanced oil recovery - Market size and forecast 2024-2029 ($ million)
- Chart on Enhanced oil recovery - Year-over-year growth 2024-2029 (%)
- Data Table on Enhanced oil recovery - Year-over-year growth 2024-2029 (%)
9.4 Food and beverages - Market size and forecast 2024-2029
- Chart on Food and beverages - Market size and forecast 2024-2029 ($ million)
- Data Table on Food and beverages - Market size and forecast 2024-2029 ($ million)
- Chart on Food and beverages - Year-over-year growth 2024-2029 (%)
- Data Table on Food and beverages - Year-over-year growth 2024-2029 (%)
9.5 Precipitated calcium carbonate - Market size and forecast 2024-2029
- Chart on Precipitated calcium carbonate - Market size and forecast 2024-2029 ($ million)
- Data Table on Precipitated calcium carbonate - Market size and forecast 2024-2029 ($ million)
- Chart on Precipitated calcium carbonate - Year-over-year growth 2024-2029 (%)
- Data Table on Precipitated calcium carbonate - Year-over-year growth 2024-2029 (%)
9.6 Others - Market size and forecast 2024-2029
- Chart on Others - Market size and forecast 2024-2029 ($ million)
- Data Table on Others - Market size and forecast 2024-2029 ($ million)
- Chart on Others - Year-over-year growth 2024-2029 (%)
- Data Table on Others - Year-over-year growth 2024-2029 (%)
9.7 Market opportunity by Application
- Market opportunity by Application ($ million)
- Data Table on Market opportunity by Application ($ million)

10 Market Segmentation by Source

10.1 Market segments
- Chart on Source - Market share 2024-2029 (%)
- Data Table on Source - Market share 2024-2029 (%)
10.2 Comparison by Source
- Chart on Comparison by Source
- Data Table on Comparison by Source
10.3 Ethyl alcohol - Market size and forecast 2024-2029
- Chart on Ethyl alcohol - Market size and forecast 2024-2029 ($ million)
- Data Table on Ethyl alcohol - Market size and forecast 2024-2029 ($ million)
- Chart on Ethyl alcohol - Year-over-year growth 2024-2029 (%)
- Data Table on Ethyl alcohol - Year-over-year growth 2024-2029 (%)
10.4 Hydrogen - Market size and forecast 2024-2029
- Chart on Hydrogen - Market size and forecast 2024-2029 ($ million)
- Data Table on Hydrogen - Market size and forecast 2024-2029 ($ million)
- Chart on Hydrogen - Year-over-year growth 2024-2029 (%)
- Data Table on Hydrogen - Year-over-year growth 2024-2029 (%)
10.5 Substitute natural gas - Market size and forecast 2024-2029
- Chart on Substitute natural gas - Market size and forecast 2024-2029 ($ million)
- Data Table on Substitute natural gas - Market size and forecast 2024-2029 ($ million)
- Chart on Substitute natural gas - Year-over-year growth 2024-2029 (%)
- Data Table on Substitute natural gas - Year-over-year growth 2024-2029 (%)
10.6 Ethylene oxide - Market size and forecast 2024-2029
- Chart on Ethylene oxide - Market size and forecast 2024-2029 ($ million)
- Data Table on Ethylene oxide - Market size and forecast 2024-2029 ($ million)
- Chart on Ethylene oxide - Year-over-year growth 2024-2029 (%)
- Data Table on Ethylene oxide - Year-over-year growth 2024-2029 (%)
10.7 Others - Market size and forecast 2024-2029
- Chart on Others - Market size and forecast 2024-2029 ($ million)
- Data Table on Others - Market size and forecast 2024-2029 ($ million)
- Chart on Others - Year-over-year growth 2024-2029 (%)
- Data Table on Others - Year-over-year growth 2024-2029 (%)
10.8 Market opportunity by Source
- Market opportunity by Source ($ million)
- Data Table on Market opportunity by Source ($ million)

11 Customer Landscape

11.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

12 Geographic Landscape

12.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2024-2029 (%)
- Data Table on Market share By Geographical Landscape 2024-2029 (%)
12.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
12.3 APAC - Market size and forecast 2024-2029
- Chart on APAC - Market size and forecast 2024-2029 ($ million)
- Data Table on APAC - Market size and forecast 2024-2029 ($ million)
- Chart on APAC - Year-over-year growth 2024-2029 (%)
- Data Table on APAC - Year-over-year growth 2024-2029 (%)
12.4 North America - Market size and forecast 2024-2029
- Chart on North America - Market size and forecast 2024-2029 ($ million)
- Data Table on North America - Market size and forecast 2024-2029 ($ million)
- Chart on North America - Year-over-year growth 2024-2029 (%)
- Data Table on North America - Year-over-year growth 2024-2029 (%)
12.5 Europe - Market size and forecast 2024-2029
- Chart on Europe - Market size and forecast 2024-2029 ($ million)
- Data Table on Europe - Market size and forecast 2024-2029 ($ million)
- Chart on Europe - Year-over-year growth 2024-2029 (%)
- Data Table on Europe - Year-over-year growth 2024-2029 (%)
12.6 Middle East and Africa - Market size and forecast 2024-2029
- Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
12.7 South America - Market size and forecast 2024-2029
- Chart on South America - Market size and forecast 2024-2029 ($ million)
- Data Table on South America - Market size and forecast 2024-2029 ($ million)
- Chart on South America - Year-over-year growth 2024-2029 (%)
- Data Table on South America - Year-over-year growth 2024-2029 (%)
12.8 US - Market size and forecast 2024-2029
- Chart on US - Market size and forecast 2024-2029 ($ million)
- Data Table on US - Market size and forecast 2024-2029 ($ million)
- Chart on US - Year-over-year growth 2024-2029 (%)
- Data Table on US - Year-over-year growth 2024-2029 (%)
12.9 China - Market size and forecast 2024-2029
- Chart on China - Market size and forecast 2024-2029 ($ million)
- Data Table on China - Market size and forecast 2024-2029 ($ million)
- Chart on China - Year-over-year growth 2024-2029 (%)
- Data Table on China - Year-over-year growth 2024-2029 (%)
12.10 India - Market size and forecast 2024-2029
- Chart on India - Market size and forecast 2024-2029 ($ million)
- Data Table on India - Market size and forecast 2024-2029 ($ million)
- Chart on India - Year-over-year growth 2024-2029 (%)
- Data Table on India - Year-over-year growth 2024-2029 (%)
12.11 Japan - Market size and forecast 2024-2029
- Chart on Japan - Market size and forecast 2024-2029 ($ million)
- Data Table on Japan - Market size and forecast 2024-2029 ($ million)
- Chart on Japan - Year-over-year growth 2024-2029 (%)
- Data Table on Japan - Year-over-year growth 2024-2029 (%)
12.12 Germany - Market size and forecast 2024-2029
- Chart on Germany - Market size and forecast 2024-2029 ($ million)
- Data Table on Germany - Market size and forecast 2024-2029 ($ million)
- Chart on Germany - Year-over-year growth 2024-2029 (%)
- Data Table on Germany - Year-over-year growth 2024-2029 (%)
12.13 South Korea - Market size and forecast 2024-2029
- Chart on South Korea - Market size and forecast 2024-2029 ($ million)
- Data Table on South Korea - Market size and forecast 2024-2029 ($ million)
- Chart on South Korea - Year-over-year growth 2024-2029 (%)
- Data Table on South Korea - Year-over-year growth 2024-2029 (%)
12.14 UK - Market size and forecast 2024-2029
- Chart on UK - Market size and forecast 2024-2029 ($ million)
- Data Table on UK - Market size and forecast 2024-2029 ($ million)
- Chart on UK - Year-over-year growth 2024-2029 (%)
- Data Table on UK - Year-over-year growth 2024-2029 (%)
12.15 Canada - Market size and forecast 2024-2029
- Chart on Canada - Market size and forecast 2024-2029 ($ million)
- Data Table on Canada - Market size and forecast 2024-2029 ($ million)
- Chart on Canada - Year-over-year growth 2024-2029 (%)
- Data Table on Canada - Year-over-year growth 2024-2029 (%)
12.16 France - Market size and forecast 2024-2029
- Chart on France - Market size and forecast 2024-2029 ($ million)
- Data Table on France - Market size and forecast 2024-2029 ($ million)
- Chart on France - Year-over-year growth 2024-2029 (%)
- Data Table on France - Year-over-year growth 2024-2029 (%)
12.17 Australia - Market size and forecast 2024-2029
- Chart on Australia - Market size and forecast 2024-2029 ($ million)
- Data Table on Australia - Market size and forecast 2024-2029 ($ million)
- Chart on Australia - Year-over-year growth 2024-2029 (%)
- Data Table on Australia - Year-over-year growth 2024-2029 (%)
12.18 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)

13 Drivers, Challenges, and Opportunity/Restraints

13.1 Market drivers
13.2 Market challenges
13.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
13.4 Market opportunities/restraints

14 Competitive Landscape

14.1 Overview
14.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
14.3 Landscape disruption
- Overview on factors of disruption
14.4 Industry risks
- Impact of key risks on business

15 Competitive Analysis

15.1 Companies profiled
- Companies covered
15.2 Company ranking index
- Company ranking index
15.3 Market positioning of companies
- Matrix on companies position and classification
15.4 Air Liquide SA
- Air Liquide SA - Overview
- Air Liquide SA - Product / Service
- Air Liquide SA - Key news
- Air Liquide SA - Key offerings
- SWOT
15.5 Air Products and Chemicals Inc.
- Air Products and Chemicals Inc. - Overview
- Air Products and Chemicals Inc. - Business segments
- Air Products and Chemicals Inc. - Key news
- Air Products and Chemicals Inc. - Key offerings
- Air Products and Chemicals Inc. - Segment focus
- SWOT
15.6 Axcel Gases
- Axcel Gases - Overview
- Axcel Gases - Product / Service
- Axcel Gases - Key offerings
- SWOT
15.7 BASF SE
- BASF SE - Overview
- BASF SE - Business segments
- BASF SE - Key news
- BASF SE - Key offerings
- BASF SE - Segment focus
- SWOT
15.8 Buzwair Group
- Buzwair Group - Overview
- Buzwair Group - Product / Service
- Buzwair Group - Key offerings
- SWOT
15.9 Ellenbarrie Industrial Gases Ltd.
- Ellenbarrie Industrial Gases Ltd. - Overview
- Ellenbarrie Industrial Gases Ltd. - Product / Service
- Ellenbarrie Industrial Gases Ltd. - Key offerings
- SWOT
15.10 Gulfcryo
- Gulfcryo - Overview
- Gulfcryo - Product / Service
- Gulfcryo - Key offerings
- SWOT
15.11 Jinhong Gas Co. Ltd.
- Jinhong Gas Co. Ltd. - Overview
- Jinhong Gas Co. Ltd. - Product / Service
- Jinhong Gas Co. Ltd. - Key offerings
- SWOT
15.12 Linde plc
- Linde plc - Overview
- Linde plc - Product / Service
- Linde plc - Key offerings
- SWOT
15.13 Messer SE and Co. KGaA
- Messer SE and Co. KGaA - Overview
- Messer SE and Co. KGaA - Product / Service
- Messer SE and Co. KGaA - Key offerings
- SWOT
15.14 Mitsubishi Chemical Group Corp.
- Mitsubishi Chemical Group Corp. - Overview
- Mitsubishi Chemical Group Corp. - Business segments
- Mitsubishi Chemical Group Corp. - Key news
- Mitsubishi Chemical Group Corp. - Key offerings
- Mitsubishi Chemical Group Corp. - Segment focus
- SWOT
15.15 Praxair, Inc
- Praxair, Inc - Overview
- Praxair, Inc - Product / Service
- Praxair, Inc - Key offerings
- SWOT
15.16 SOL Spa
- SOL Spa - Overview
- SOL Spa - Product / Service
- SOL Spa - Key offerings
- SWOT
15.17 Steelman Gases Pvt. Ltd.
- Steelman Gases Pvt. Ltd. - Overview
- Steelman Gases Pvt. Ltd. - Product / Service
- Steelman Gases Pvt. Ltd. - Key offerings
- SWOT
15.18 Universal Industrial Gases Inc.
- Universal Industrial Gases Inc. - Overview
- Universal Industrial Gases Inc. - Product / Service
- Universal Industrial Gases Inc. - Key offerings
- SWOT

16 Appendix

16.1 Scope of the report
16.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
16.3 Currency conversion rates for US$
- Currency conversion rates for US$
16.4 Research methodology
- Research methodology
16.5 Data procurement
- Information sources
16.6 Data validation
- Data validation
16.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
16.8 Data synthesis
- Data synthesis
16.9 360 degree market analysis
- 360 degree market analysis
16.10 List of abbreviations
- List of abbreviations