Dry Ice Market Research Report Forecast till 2030

Dry Ice Market is expected to record a notable CAGR of 6.75% during the forecast period 2030. The interest for Dry Ice is driven by a few variables, including the longing for restrictiveness, prevalent quality, and craftsmanship. These packs are frequently connected with very good quality design brands and select shops, which further powers their allure and status.

The CAGR for the worldwide cold food and drinks market is projected to reach 9.4% from 2022 to 2028. Online food conveyance stages have made it simpler for buyers to get to a more extensive assortment of cold food and refreshments. This has prompted an expansion sought after for cold food and drinks, as purchasers are presently ready to arrange their #1 cold food and refreshments from the solace of their own homes. The rising development of cold food and refreshments without a doubt drives the interest for dry ice. Dry ice, which is strong carbon dioxide (CO2) in its frozen structure, is broadly utilized in the food and refreshment industry for different purposes because of its novel properties.

Cold food and drinks, including frozen food sources, fish, meats, and certain refreshments, require severe temperature control during capacity and transportation to keep up with their quality and wellbeing. Dry ice is a brilliant cooling specialist in such cases since it sublimates (changes over straightforwardly from a strong to a gas) without leaving any buildup. This makes it ideal for keeping up with low temperatures and safeguarding the newness of transitory items during transportation.

Market Segmentation

Based on Type, the Dry Ice Market is divided into Pellets, Blocks, and other types.

Based on source, the Dry Ice Market is classified into Food and Beverages, Storage and Transportation, Healthcare, Industrial Cleaning, and Other App.

Regional Insights

North America Dry Ice market has held the biggest market divide between the region in the Dry Ice Market. The rising interest from the drug and healthcare areas, particularly considering the continuous worldwide health emergency. Dry ice, fundamental for the protection and transportation of immunizations and other temperature-touchy clinical supplies, has seen a flood popular, energizing market development.

Asia-Pacific's blossoming drug and healthcare areas are supposed to fuel the development of the dry ice market in the region. With a developing populace and expanded healthcare mindfulness, there is an increasing interest for temperature-delicate drugs, immunizations, and clinical supplies. Dry ice, with its outstanding cooling properties, has become vital for the protected transportation and capacity of these items, accordingly, filling the market's extension. Also, the flourishing online business industry in nations like China and India is another critical variable driving the interest for dry ice.

The Dry Ice market in Europe is supposed to lead the regional segmental offer before very long. The continuous worldwide health emergency has sped up the requirement for dependable virus chain arrangements. This is particularly obvious with regards to shipping and putting away Coronavirus antibodies and other temperature-delicate clinical supplies.

Major Players

The key players in the Dry Ice market are U.S. Ice Corporation, Polar Ice Ltd, Continental Carbonic Products, Inc., SICGIL India Limited, Linde plc, Air Liquide, Tripti Dry Ice Co., and Dry Ice UK Limited.

Product Code: MRFR/F-B & N/7138-CR

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY 9

1.1 MARKET ATTRACTIVENESS ANALYSIS 11
- 1.1.1 GLOBAL DRY ICE MARKET, BY TYPES 12
- 1.1.2 GLOBAL DRY ICE MARKET, BY APPLICATION 13
- 1.1.3 GLOBAL DRY ICE MARKET, BY REGION 14

2 MARKET INTRODUCTION 15

2.1 DEFINITION 15
2.2 SCOPE OF THE STUDY 15
2.3 MARKET STRUCTURE 16
2.4 KEY IMPLEMENTATION CRITERIA 16

3 RESEARCH METHODOLOGY 17

4 MARKET DYNAMICS 24

4.1 INTRODUCTION 24
4.2 DRIVERS 24
- 4.2.1 INCREASING GROWTH OF COLD FOOD AND BEVERAGES 24
- 4.2.2 INCREASING DEMAND OF DRY ICE IN HEALTHCARE 25
4.3 RESTRAINTS 26
- 4.3.1 ENVIRONMENTAL CONCERNS DUE TO DRY ICE 26
4.4 OPPORTUNITIES 26
- 4.4.1 GROWING DEMAND FOR NEW APPLICATIONS 26
4.5 IMPACT OF COVID-19 ON DRY ICE MARKET 27

5 MARKET FACTOR ANALYSIS 28

5.1 SUPPLY/VALUE CHAIN ANALYSIS 28
5.2 PORTER FIVE FORCES 29

6 GLOBAL DRY ICE MARKET, BY TYPES 31

6.1 INTRODUCTION 31
6.2 PELLETS 32
6.3 BLOCKS 33

7 GLOBAL DRY ICE MARKET, BY APPLICATION 34

7.1 INTRODUCTION 34
7.2 FOOD AND BEVERAGES 35
7.3 STORAGE AND TRANSPORTATION 37
7.4 HEALTHCARE 37
7.5 INDUSTRIAL CLEANING 37
7.6 OTHER APPS 39

8 GLOBAL DRY ICE MARKET, BY REGION 40

8.1 OVERVIEW 40
8.2 NORTH AMERICA 41
- 8.2.1 U.S. 43
- 8.2.2 CANADA 43
- 8.2.3 MEXICO 44
8.3 EUROPE 45
- 8.3.1 U.K. 47
- 8.3.2 GERMANY 48
- 8.3.3 FRANCE 48
- 8.3.4 ITALY 49
- 8.3.5 REST OF EUROPE 50
8.4 ASIA-PACIFIC 51
- 8.4.1 CHINA 53
- 8.4.2 JAPAN 53
- 8.4.3 INDIA 54
- 8.4.4 REST OF APAC 55
8.5 REST OF THE WORLD 56
- 8.5.1 MIDDLE EAST 58
- 8.5.2 LATIN AMERICA 58
- 8.5.3 AFRICA 59

9 COMPETITIVE LANDSCAPE 60

9.1 MARKET SHARE ANALYSIS 60

10 COMPANY PROFILES 61

10.1 U.S. ICE CORPORATION 61
- 10.1.1 COMPANY OVERVIEW 61
- 10.1.2 FINANCIAL OVERVIEW 61
- 10.1.3 SWOT ANALYSIS 62
- 10.1.4 KEY STRATEGIES 62
10.2 POLAR ICE LTD. 63
- 10.2.1 COMPANY OVERVIEW 63
- 10.2.2 FINANCIAL OVERVIEW 63
- 10.2.3 SWOT ANALYSIS 64
- 10.2.4 KEY STRATEGIES 64
10.3 CONTINENTAL CARBONIC PRODUCTS, INC. 65
- 10.3.1 COMPANY OVERVIEW 65
- 10.3.2 FINANCIAL OVERVIEW 65
- 10.3.3 SWOT ANALYSIS 66
- 10.3.4 KEY STRATEGIES 66
10.4 SICGIL INDIA LIMITED 67
- 10.4.1 COMPANY OVERVIEW 67
- 10.4.2 FINANCIAL OVERVIEW 68
- 10.4.3 FLY RACING: SWOT ANALYSIS 68
- 10.4.4 KEY STRATEGIES 68
10.5 LINDE PLC 69
- 10.5.1 COMPANY OVERVIEW 69
- 10.5.2 FINANCIAL OVERVIEW 70
- 10.5.3 LINDE PLC: SWOT ANALYSIS 71
- 10.5.4 KEY STRATEGIES 71
10.6 AIR LIQUIDE 72
- 10.6.1 COMPANY OVERVIEW 72
- 10.6.2 FINANCIAL OVERVIEW 73
- 10.6.3 SWOT ANALYSIS 74
- 10.6.4 KEY STRATEGIES 74
10.7 TRIPTI DRY ICE CO. 75
- 10.7.1 COMPANY OVERVIEW 75
- 10.7.2 FINANCIAL OVERVIEW 75
- 10.7.3 SWOT ANALYSIS 76
- 10.7.4 KEY STRATEGIES 76
10.8 DRY ICE UK LIMITED 77
- 10.8.1 COMPANY OVERVIEW 77
- 10.8.2 FINANCIAL OVERVIEW 77
- 10.8.3 SWOT ANALYSIS 77
- 10.8.4 KEY STRATEGIES 78