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    • Carbon dioxide Companies

    ID: MRFR/CnM/19140-CR
    128 Pages
    Anshula Mandaokar
    March 2024

    Carbon dioxide companies specialize in the capture, purification, and distribution of CO2 for various industrial applications. From beverage carbonation to food processing and medical applications, carbon dioxide is a versatile gas with numerous uses. These companies invest in advanced technologies for efficient CO2 capture and purification, adhering to environmental regulations to minimize emissions and promote sustainability.

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    Carbon Dioxide Market Research Report — Global Forecast till 2032 Infographic
    Summary Table of Contents Segmentation Infographic

    Top Industry Leaders in the Carbon dioxide Market

    Carbon dioxide Key companies

    Carbon Dioxide Market


    The global carbon dioxide (CO2) market is expected to reach USD 11,652.3 million by 2030, growing at a CAGR of 5.25% from 2023-2032. This growth is attributed to rising demand from various industries, including food & beverages, oil & gas, and healthcare.


    Strategies Adopted:


    Companies are adopting various strategies to gain a competitive edge:




    • Geographic Expansion: Expanding operations into new and emerging markets, particularly in Asia-Pacific, driven by rising industrialization and consumer demand.


    • Product Innovation: Developing new CO2 capture and utilization technologies to enhance efficiency and sustainability.


    • Mergers and Acquisitions: Consolidating market share through strategic acquisitions and collaborations.


    • Cost Optimization: Implementing cost-saving measures and operational efficiencies to improve profitability.


    Factors for Market Share:


    Several factors influence market share in the CO2 industry:




    • Production Capacity: The ability to produce and deliver CO2 efficiently and reliably to meet customer demand.


    • Distribution Network: Having a robust and extensive distribution network to ensure timely and cost-effective delivery.


    • Technology and Innovation: Continuously investing in research and development to adopt new technologies for CO2 capture, utilization, and storage.


    • Customer Service: Providing excellent customer service and technical support to build strong relationships and brand loyalty.


    Key Companies in the Carbon dioxide Market includes



    • Air Liquide (France)

    • Linde (Ireland)

    • Air Products and Chemicals (US)

    • Messer Group (Germany)

    • Sicgil India Ltd (India)

    • Acail (Portugal)

    • Taiyyo Nippon Sanso Corporation (Japan)

    • SOL Group (Italy)

    • India Glycols Ltd (India)

    • Greco Gas (US)


    Recent Development


    August 2023: Air Liquide announced a collaboration with SINTEF to develop a CO2 capture technology utilizing calcium looping, aiming for efficient and cost-effective carbon capture from industrial sources.


    September 2023: Linde Plc signed an agreement with Ørsted to capture CO2 emissions from a large-scale waste-to-energy plant in Denmark, showcasing the growing demand for CCUS solutions.


    October 2023: Messer Group inaugurated a new CO2 production facility in Germany, expanding its production capacity and catering to the rising demand in the European market.


    November 2023: Praxair launched a new CO2 purification technology that reduces energy consumption and emissions, highlighting the industry's focus on sustainable production practices.


    December 2023: Air Products and Chemicals, Inc. announced a partnership with Schlumberger to develop and commercialize advanced CO2 capture technologies, demonstrating the increasing collaboration within the industry for innovative solutions.