Global Co2 Gas Market Analysis by Type (Hydrogen, Ethyl alcohol, Ethylene oxide), End-User (Food & beverages, Oil & gas, Medical) and Region - Forecast 2019-2026

Ÿ   Base Year: 2018

Ÿ   Estimated Year: 2019

Ÿ   Forecast Period: 2019 to 2026

Carbon dioxide (chemical formula CO2) is a colorless gas with a density about 60% higher than that of dry air. Carbon dioxide consists of a carbon atom covalently double bonded to two oxygen atoms. It occurs naturally in Earth's atmosphere as a trace gas. The current concentration is about 0.04% (410 ppm) by volume, having risen from pre-industrial levels of 280 ppm. Natural sources include volcanoes, hot springs and geysers, and it is freed from carbonate rocks by dissolution in water and acids. Because carbon dioxide is soluble in water, it occurs naturally in groundwater, rivers and lakes, ice caps, glaciers and seawater. It is present in deposits of petroleum and natural gas. Carbon dioxide is odorless at normally encountered concentrations, however, at high concentrations, it has a sharp and acidic odor.

Market Insights

The study projects that the Co2 Gas market will register a xxxx% CAGR in terms of revenue, which is expected to reach USD xxxx million in 2026 from USD xxxx million in 2019.

Due to the rapid industrialization across the globe, the extra amount of CO2 has been dumped into the atmosphere during the past few years, which makes the matter of global warming towards to a more severe condition. Other than that, related problems such as suffocation of living organisms and other health hazard issues came out as well.

Following these issues, different governments set up to form stringent regulations, and a large number of companies seek to advance their technologies either on capturing or purifying CO2. This, in turn, offering endless opportunities to players in this market.

Another dynamic factor to propelling the market trend needs to point out is the growing adoption of CO2 in the medical sector, such as be used in invasive microsurgeries like arthroscopy, endoscopy, laparoscopy, etc.

Geographically, the report mainly focuses on regions of North America, Asia-Pacific, the Middle East, and Africa. During the past few years, North America prevailed the prominent position. While in the coming years, it is estimated the market in APEC and the Middle East & Africa are going to expand at an exponential rate, in particular in Asia areas, where accounts for over 30% market share in the base year and with an upward trend for expansion owing to the soaring demand for CO2 in Food & Beverage industry in the region.

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Competitive Outlook

The major global Co2 Gas market competitors include Linde AG, Air Products and Chemical, Inc., Praxair, Inc., Air Liquide, Universal Industrial Gases Inc., INOX Air Products Ltd., Continental Carbonic Products, Inc., Cosmo Engineering Co. Ltd., etc.

Type Segment

•     Hydrogen

•     Ethyl alcohol

•     Ethylene oxide

•     Substitute natural gas

•     Others

Application Segment

•     Food & beverages

•     Oil & gas

•     Medical

•     Rubber

•     Fire fighting

•     Others

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Regions Covered in the Report:

North America

•     United States

•     Canada

•     Mexico

Europe

•     Germany

•     UK

•     France

•     Italy

•     Nordic Countries (Denmark, Finland, Iceland, Norway and Sweden)

•     Spain

•     Belgium

•     Poland

•     Russia

•     Turkey

•     Others

Asia-Pacific

•     China

•     Japan

•     India

•     South Korea

•     Australia and New Zealand

•     ASEAN Countries (Indonesia, Thailand, Malaysia, Singapore, Philippines, Vietnam, Others)

Latin America, Middle East & Africa

•     GCC Countries (Saudi Arabia, United Arab Emirates, Qatar, Others)

•     Brazil

•     Nigeria

•     South Africa

•     Argentina

•     Others

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The research report provides in-depth analysis on:

•     The estimation of the growth rate, market size and share of the Co2 Gas Market throughout the forecast period.

•     The assessments for the regional market layout characteristics in the world.

•     The SWOT of the Co2 Gas Market.

•     Leading manufacturers’ profiles, product features, business features, target customer features.

•     Significant trends for the growth prospects of the Co2 Gas Market by 2026.

•     The report tracks detailed information about merges, innovations, policies and recent developments in the industry.

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