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U.S. Carbon Dioxide Market Size, Share & Trends Analysis Report By Source (Hydrogen, Ethyl Alcohol, Ethylene Oxide, SNG), By Application (Food & Beverages, Fire Fighting, Oil & Gas, Medical, Rubber), And Segment Forecast, 2022 - 2030

Publisher Grand View Research
Published Mar 30, 2022
Length 73 Pages
SKU # GV17067440

Description

U.S. Carbon Dioxide Market Size, Share & Trends Analysis Report By Source (Hydrogen, Ethyl Alcohol, Ethylene Oxide, SNG), By Application (Food & Beverages, Fire Fighting, Oil & Gas, Medical, Rubber), And Segment Forecast, 2022 - 2030

U.S. Carbon Dioxide Market Growth & Trends

The U.S. carbon dioxide market size is expected to reach USD 6.59 billion by 2030, registering a CAGR of 8.4% over the forecast period, according to a new report by Grand View Research, Inc. Increasing usage of carbon dioxide for Enhanced Oil Recovery (EOR) in oil & gas plants is anticipated to result in the growth of the market. In terms of revenue, the hydrogen segment accounted for a significant share in 2021. The growth of this segment can be attributed to the presence of leading hydrogen-producing companies in the country that have CO2 manufactured as a byproduct during hydrogen production.

Substitute Natural Gas (SNG) is expected to be one of the major sources of the production of CO2 in the U.S. This is due to a rise in the discovery of natural gas reserves in the U.S. with the deployment of shale technology. The oil & gas application segment accounted for a significant share in 2021 owing to the application of carbon dioxide-based EOR in oil fields of the U.S. for efficient and effective oil production. Moreover, the usage of CO2 in the food & beverages and medical industries is anticipated to increase in the U.S. over the forecast period.

The growth of this segment can be attributed to the presence of a large base of food and beverage manufacturing facilities in the country, which is projected to expand further over the forecast period. The spread of COVID-19 hindered the growth of the market in 2020 and 2021 owing to the factors, such as the reduction in demand for CO2 in the country owing to lockdowns. However, an increase in demand for CO2 from the manufacturers of pharmaceuticals and essential commodities, such as fire safety products, has been witnessed in the U.S., as well as across the world.

U.S. Carbon Dioxide Market Report Highlights
  • In terms of revenue, the food & beverages application segment dominated the global market in 2021
  • The hydrogen source segment accounted for the second-largest share of the global market revenue in 2021
  • The growth of this segment can be attributed to the presence of leading hydrogen-producing companies in the country that have CO2 manufactured as a byproduct
  • In terms of revenue, the SNG segment accounted for the maximum revenue share in 2021. SNG is derived from the gasification of coal and emits byproducts, such as CO2, hydrogen, carbon monoxide, and methane
  • The rubber industry uses CO2 to clean the rubber molds and to remove flash from rubber objects by tumbling them with crushed dry ice in a rotating drum
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Table of Contents

73 Pages
Chapter 1 Methodology and Scope
1.1 Market Segmentation & Scope
1.2 Information Procurement
1.2.1 Purchased Database
1.2.2 GVR Internal Database
1.2.3 Secondary Source & Third-Party Perspectives
1.2.4 Primary Research
1.3 Information Analysis
1.3.1 Data analysis models
1.4 Market Formulation & Data Visualization
1.5 Data Validation & Publishing
1.6 Research Scope & Assumptions
1.7 List of Data Sources
Chapter 2 Executive Summary
2.1 Market Summary
Chapter 3 U.S. Carbon Dioxide Market Variables, Trends, and Scope
3.1 Market Lineage Outlook
3.2 Market Penetration & Growth Prospects
3.3 Value Chain Analysis
3.4 Technology Overview
3.5 Regulatory Framework
3.6 Market Dynamics
3.6.1 Market Driver Analysis
3.6.2 Market Restraint analysis
3.6.3 Opportunity Analysis
3.7 Business Environment Analysis
3.7.1 Porter’s Five Forces
3.7.2 PESTEL Analysis
3.8 Impact of COVID-19 on U.S. Carbon Dioxide Market
Chapter 4 U.S. Carbon Dioxide Market: By Sources Estimates & Trend Analysis
4.1 U.S. Carbon Dioxide Market Share Analysis by Sources, 2021 & 2030
4.2 Global U.S. Carbon Dioxide Market Size & Forecasts and Trend Analysis By Capacity, 2019 to 2030 (USD Million) (Million Tons)
4.2.1 Hydrogen
4.2.1.1 Market estimates and forecasts, 2019 - 2030 (USD Million) (Million Tons)
4.2.1.2 Ethyl Alcohol
4.2.1.2.1 Market estimates and forecasts, 2019 - 2030 (USD Million) (Million Tons)
4.2.1.3 Ethylene Oxide
4.2.1.3.1 Market estimates and forecasts, 2019 to 2030 (USD Million) (Million Tons)
4.2.1.4 Substituted Natural Gas
4.2.1.4.1 Market estimates and forecasts, 2019 to 2030 (USD Million) (Million Tons)
4.2.1.5 Others
4.2.1.5.1 Market estimates and forecasts, 2019 to 2030 (USD Million) (Million Tons)
Chapter 5 U.S. Carbon Dioxide Market: By Application Estimates & Trend Analysis
5.1 U.S. Carbon Dioxide Market Share Analysis by Application, 2021 & 2030
5.2 Global U.S. Carbon Dioxide Market Size & Forecasts and Trend Analysis By Capacity, 2019 to 2030 (USD Million) (Million Tons)
5.2.1 Food & Beverages
5.2.1.1 Market estimates and forecasts, 2019 to 2030 (USD Million) (Million Tons)
5.2.2. Oil & Gas
5.2.2.1 Market estimates and forecasts, 2019 to 2030 (USD Million) (Million Tons)
5.2.3 Medical
5.2.3.1 Market estimates and forecasts, 2019 to 2030 (USD Million) (Million Tons)
5.2.4 Rubber
5.2.4.1 Market estimates and forecasts, 2019 to 2030 (USD Million) (Million Tons)
5.2.5 Fire Fighting
5.2.5.1 Market estimates and forecasts, 2019 to 2030 (USD Million) (Million Tons)
5.2.6 Others
5.2.6.1 Market estimates and forecasts, 2019 to 2030 (USD Million) (Million Tons)
Chapter 6 Competitive & Vendor Landscape
6.1 Key Players & Recent Developments & Their Impact on the Industry
6.1.1 Major Deals & Strategic Alliances
6.2 Vendor Landscape
6.2.1 List of Key Distributors and Channel Partners
6.2.2 Key Company Market Position Analysis, 2021
Chapter 7 Company Profiles
7.1 Linde plc
7.1.1 Company Overview
7.1.2 Financial Performance
7.1.3 Product Benchmarking
7.1.4 Strategic Initiatives
7.2 Air Products Inc.
7.2.1 Company Overview
7.2.2 Financial Performance
7.2.3 Product Benchmarking
7.2.4 Strategic Initiatives
7.3 Air Liquide
7.3.1 Company Overview
7.3.2 Financial Performance
7.3.3 Product Benchmarking
7.3.4 Strategic Initiatives
7.4 Matheson Tri-Gas, Inc.
7.4.1 Company Overview
7.4.2 Financial Performance
7.4.3 Product Benchmarking
7.4.4 Strategic Initiatives
7.5 Messer
7.5.1 Company Overview
7.5.2 Financial Performance
7.5.3 Product Benchmarking
7.5.4 Strategic Initiatives
7.6 Continental Carbonic Products, Inc.
7.6.1 Company Overview
7.6.2 Financial Performance
7.6.3 Product Benchmarking
7.6.4 Strategic Initiatives
7.7 Greco Gas Inc.
7.7.1 Company Overview
7.7.2 Financial Performance
7.7.3 Product Benchmarking
7.7.4 Strategic Initiatives
7.8 TAIYO NIPPON SANSO CORPORATION
7.8.1 Company Overview
7.8.2 Financial Performance
7.8.3 Product Benchmarking
7.8.4 Strategic Initiatives
7.9 Universal Industrial Gases, Inc.
7.9.1 Company Overview
7.9.2 Financial Performance
7.9.3 Product Benchmarking
7.9.4 Strategic Initiatives
7.10 Zephyr Solutions, LLC
7.10.1 Company Overview
7.10.2 Financial Performance
7.10.3 Product Benchmarking
7.10.4 Strategic Initiatives

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