Global CO2 Market Report 2018-2022 - Increasing Number of Applications in the Food and Beverages Industry - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 31, 2019--The “Global CO2 Market 2018-2022” report has been added to ResearchAndMarkets.com’s offering.
The global CO2 market will register a CAGR of more than 13% by 2022.
Oil and gas industry is the key contributors to the CO2 market as it mainly used for enhancing oil recovery in the oil and gas industry. Factors such as undergrounds deposits of CO2 are relatively inexpensive and can be extracted in large quantity, which has increase demand for CO2 in oil and gas industry prefer CO2.
The increased use of nitrogen and carbon dioxide for oil recovery projects and high requirement of low- Sulphur diesel and gasoline, where these gases are used for Sulphur separation process will propel the growth of the market.
Increasing number of applications in the food and beverages industry
CO2 is available in the solid, liquid and gaseous states. This liquid form is the most used form in the food and beverages industry. CO2 is used for processing all types of meat products and frozen specialties.
High manufacturing cost
Although CO2 is abundant in nature, the setting up of air separation plants for production this gas requires heavy investments. The volatility of raw material prices, rising cost of products and mode of packaging reduce profits margins of vendors, therefore this will hinder the medium and small vendors.
The CO2 market is concentrated due to the presence of a few companies. The vendors in market rely on organic growth thorough M&A. The expansion of manufacturing capacities as major vendors increases their consumer base through expansion M&A, and strengthening distribution networks.
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZINGMarket sizing 2017 Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY APPLICATIONComparison by application Global CO2 market by enhanced oil refinery Global CO2 market by food and beverages Global CO2 market by precipitated calcium carbonate Global CO2 market by others Market opportunity by application
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPERegional comparison Key leading countries Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDSIncrease in R&D activities for new applications Inorganic expansion and increase in M&A
PART 13: VENDOR LANDSCAPELandscape disruption Competitive scenario
PART 14: VENDOR ANALYSISVendors covered Vendor classification Market positioning of vendors Air Liquide Air Products and Chemicals BASF Messer Praxair SOL The Linde Group
For more information about this report visit https://www.researchandmarkets.com/research/h39x3m/global_co2_market?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190131005352/en/
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Related Topics:Industrial and Specialty Gases
INDUSTRY KEYWORD: ENERGY OIL/GAS
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 01/31/2019 04:59 AM/DISC: 01/31/2019 04:59 AM