The "Global Liquid Carbon Dioxide (CO2) Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-Use, Foreign Trade, Sales Channel, Regional Demand, Company Share, 2015-2035" database has been added to ResearchAndMarkets.com's offering.

The global Liquid Carbon Dioxide (CO2) market stood at approximately 8 million tonnes in 2021 and is expected to grow at a CAGR of 5.28% during the forecast period until 2035. The growing demand for food and beverages is anticipated to fuel the Liquid Carbon Dioxide market.

Liquid CO2 is primarily used in the food and beverage industry for carbonated soft drinks and alcoholic beverages like beer, and water. It serves as a preservative in food packaging as well. Carbonating soft drinks, water, and alcoholic beverages like beer is the primary usage of CO2. Liquid CO2 is frequently used in breweries to supplement the CO2 created during fermentation. The CO2 extends shelf life of baby food, meats, fresh foods, and baked goods.

Additionally, CO2 is employed in the form of dry ice and snow to convey fresh food. In the medical field, carbon dioxide is used as a blowing gas for various procedures, including minimally invasive surgery. In treating water, the chemical is mostly used as an acidifier.

As the global consumption of carbonated beverages rises, the food and beverage sectors will continue to be the largest end-use market for liquid CO2. Owing to the rising population, the food and beverage sector is anticipated to dominate the market in the forthcoming years. Furthermore, its application in the healthcare industry is another factor driving the market. Moreover, CO2-derived fuels have uses in the transportation industry but others, like methane, have several uses in industrial, heating, and power generation, which is expected to swell up the demand in the forecast period. The global Liquid Carbon Dioxide market is anticipated to reach approximately 16 million tonnes by 2035.

Asia Pacific is dominating all over the world with the highest demand for Liquid Carbon Dioxide. This region accounted for a market share of about 50% of the global Liquid Carbon Dioxide market in 2021. Owing to the rising demand of food and beverages along with water treatment, the demand for Liquid Carbon Dioxide is anticipated to rise in these countries.

Europe stands as the second largest consumer of Liquid Carbon Dioxide. Germany, the United Kingdom, and Norway are leading European nations in liquefying and purifying CO2 to be used for food processing and beverage carbonation. Geographically, APAC produces the most CO2, with India, China, Indonesia, and Thailand being the top producers of liquid CO2.

Based on the end-user industry, the Liquid Carbon Dioxide market is segmented into sectors such as Chemicals & Petrochemicals, Food & Beverages, Healthcare, Fire Extinguisher, and Others. Among these, the food and beverage sector is in the lead, with a volume share of over 30% in 2021. Chemicals & Petrochemicals and Healthcare also hold recognizable market shares in the Liquid Carbon Dioxide market.

Significant players in the Global Liquid Carbon Dioxide market are Punjab Carbonic private Limited, SICGIL India Limited, India Glycols Limited, Prime Gases, Jubilant lifesciences limited, Indo Gulf Corporation, Hangzhou Oxygen Co. Ltd., Messer Group GmbH, Linde Plc, Bangkok Industrial Gas Company Limited (BIG), Messer - AlcoBioFuel Bio-Refinery - IJsfabriek Strombeek JV, Air Products (ACP Belgium), CropEnergies - Tyczka Energie JV, CF Fertilisers UK Ltd, and Linde Gaz Magyarorszag Zrt.

The objective of the Study:

• To assess the demand-supply scenario of Liquid Carbon Dioxide, which covers the production, demand, and supply of Liquid Carbon Dioxide around the globe.
• To analyze and forecast the market size of Liquid Carbon Dioxide.
• To classify and forecast the Global Liquid Carbon Dioxide market based on end-use and regional distribution.
• To examine global competitive developments such as new capacity expansions, mergers & acquisitions, etc., of the Liquid Carbon Dioxide market.

Key Target Audience:

• Liquid Carbon Dioxide manufacturers and other stakeholders
• Organizations, forums and alliances related to Liquid Carbon Dioxide distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies

Report Scope:

In this report, Global Liquid Carbon Dioxide market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Market, by End-use: Chemicals & Petrochemicals, Food & Beverages, Healthcare, Fire Extinguisher, and Others
• Market, by Sales Channel: Direct Sale and Indirect Sale
• Market, by Region: North America, Europe, Asia Pacific, Middle East and Africa, and South America.

For more information about this database visit https://www.researchandmarkets.com/r/jkbm2m

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