North America Carbon Dioxide Market Size, Share & Trends Analysis Report By Application, By Form, By Source (Ethyl Alcohol, Hydrogen, Ethylene Oxide, Substitute Natural Gas, and Others), By Country and Growth Forecast, 2023

Description

List of Tables

The North America Carbon Dioxide Market would witness market growth of 4.4% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 10,483.22 kilo tonnes, showcasing a growth of 1.8% (2019-2022).

In the carbon dioxide (CO2) market, one of the most significant sectors is food and beverages. CO2 is extensively used in this industry for various purposes, with one primary application being carbonation. CO2 is dissolved into beverages such as soda, beer, and sparkling water to create the desired level of fizziness, enhancing taste and mouthfeel. This process is crucial for producing a wide range of carbonated drinks that consumers enjoy worldwide. Therefore, the US Market consumed 1,300.01 Kilo Tones in the market in 2022.

The US market dominated the North America Carbon Dioxide Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $4,205.9 Million by 2030. The Canada market is experiencing a CAGR of 6.8% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 5.9% during (2023 - 2030).

Adopting (CO2) technologies and solutions is driven by various factors, including regulatory requirements, market incentives, technological advancements, and sustainability goals. Across industries, businesses and governments increasingly recognize the importance of mitigating CO2 emissions and leveraging CO2 for sustainable development. Advances in CO2 capture, utilization, and storage technologies drive adoption by improving efficiency, scalability, and cost-effectiveness. Innovations in materials science, process engineering, and catalysis enable the development of novel CO2-based products and processes. Technological advancements reduce barriers to adoption, making CO2 solutions more accessible and attractive to businesses seeking to decarbonize their operations.

Furthermore, companies are increasingly focusing on supply chain sustainability and assessing the environmental impact of their products throughout the value chain. Adopting CO2 technologies enables companies to reduce the carbon footprint of their products and supply chains by using recycled CO2 as a raw material, minimizing emissions from production processes, and promoting circular economy principles. Supply chain sustainability initiatives drive demand for CO2-neutral or CO2-negative products, influencing adoption in the CO2 market.

The expansion of the greenhouse sector in Canada leads to a higher demand for CO2 as a critical input for plant growth. The largest proportion of total sales was generated in Ontario (55.2%), with Quebec (13.2%) and British Columbia (21.4%) following suit. Furthermore, in 2021, greenhouse sales increased by 8.3% year-over-year to reach $3.8 billion, whereas nursery product sales increased by 4.3% to $747.5 million. Thus, the growth of the greenhouse industry and expanding renewable energy sector in the region drive the market's growth.

Based on Application, the market is segmented into Food & Beverages, Oil & Gas, Medical, Rubber, Firefighting, and Others. Based on Form, the market is segmented into Liquid, Gas, and Solid. Based on Source, the market is segmented into Ethyl Alcohol, Hydrogen, Ethylene Oxide, Substitute Natural Gas, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

SOL Group
India Glycols Limited
Gulf Cryo
Linde plc
Ellenbarrie Industrial Gases Limited
Taiyo Nippon Sanso Corporation (Mitsubishi Chemical Holdings)
Dubai Industrial Gas (Al Mana Group)
Buzwair Industrial Gases Factories (Buzwair Group)
Messer SE & Co. KGaA (Messer Industrie GmbH)
Acail Gas (Acail Group)

North America Carbon Dioxide Market Report Segmentation

By Application (Volume, kilo Tonnes, USD Billion, 2019-2030)

Food & Beverages
Oil & Gas
Medical
Rubber
Firefighting
Others

By Form (Volume, kilo Tonnes, USD Billion, 2019-2030)

Liquid
Gas
Solid

By Source (Volume, kilo Tonnes, USD Billion, 2019-2030)

Ethyl Alcohol
Hydrogen
Ethylene Oxide
Substitute Natural Gas
Others

By Country (Volume, kilo Tonnes, USD Billion, 2019-2030)

US
Canada
Mexico
Rest of North America

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1North America Carbon Dioxide Market, by Application
- 1.4.2North America Carbon Dioxide Market, by Form
- 1.4.3North America Carbon Dioxide Market, by Source
- 1.4.4North America Carbon Dioxide Market, by Country
1.5Methodology for the research

Chapter 2.Market at a Glance

2.1Key Highlights

Chapter 3.Market Overview

3.1Introduction
- 3.1.1Overview
  - 3.1.1.1Market Composition and Scenario
3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Opportunities
- 3.2.3Market Restraints
- 3.2.4Market Challenges
3.3Porter's Five Forces Analysis

Chapter 4.Strategies Deployed in Carbon Dioxide Market

Chapter 5.North America Carbon Dioxide Market by Application

5.1North America Food & Beverages Market by Country
5.2North America Oil & Gas Market by Country
5.3North America Medical Market by Country
5.4North America Rubber Market by Country
5.5North America Firefighting Market by Country
5.6North America Others Market by Country

Chapter 6.North America Carbon Dioxide Market by Form

6.1North America Liquid Market by Country
6.2North America Gas Market by Country
6.3North America Solid Market by Country

Chapter 7.North America Carbon Dioxide Market by Source

7.1North America Ethyl Alcohol Market by Country
7.2North America Hydrogen Market by Country
7.3North America Ethylene Oxide Market by Country
7.4North America Substitute Natural Gas market by Country
7.5North America Others Market by Country

Chapter 8.North America Carbon Dioxide Market by Country

8.1US Carbon Dioxide Market
- 8.1.1US Carbon Dioxide Market by Application
- 8.1.2US Carbon Dioxide Market by Form
- 8.1.3US Carbon Dioxide Market by Source
8.2Canada Carbon Dioxide Market
- 8.2.1Canada Carbon Dioxide Market by Application
- 8.2.2Canada Carbon Dioxide Market by Form
- 8.2.3Canada Carbon Dioxide Market by Source
8.3Mexico Carbon Dioxide Market
- 8.3.1Mexico Carbon Dioxide Market by Application
- 8.3.2Mexico Carbon Dioxide Market by Form
- 8.3.3Mexico Carbon Dioxide Market by Source
8.4Rest of North America Carbon Dioxide Market
- 8.4.1Rest of North America Carbon Dioxide Market by Application
- 8.4.2Rest of North America Carbon Dioxide Market by Form
- 8.4.3Rest of North America Carbon Dioxide Market by Source

Chapter 9.Company Profiles

9.1SOL Group
- 9.1.1Company Overview
- 9.1.2Financial Analysis
- 9.1.3Regional Analysis
- 9.1.4Recent strategies and developments:
  - 9.1.4.1Partnerships, Collaborations, and Agreements:
  - 9.1.4.2Geographical Expansions:
- 9.1.5SWOT Analysis
9.2India Glycols Limited
- 9.2.1Company Overview
- 9.2.2Financial Analysis
- 9.2.3Segmental and Regional Analysis
- 9.2.4Research & Development Expenses
- 9.2.5SWOT Analysis
9.3Gulf Cryo
- 9.3.1Company Overview
- 9.3.2Recent strategies and developments:
  - 9.3.2.1Partnerships, Collaborations, and Agreements:
  - 9.3.2.2Geographical Expansions:
- 9.3.3SWOT Analysis
9.4Linde PLC
- 9.4.1Company Overview
- 9.4.2Financial Analysis
- 9.4.3Segmental Analysis
- 9.4.4Research & Development Expenses
- 9.4.5Recent strategies and developments:
  - 9.4.5.1Partnerships, Collaborations, and Agreements:
- 9.4.6SWOT Analysis
9.5Ellenbarrie Industrial Gases Limited
- 9.5.1Company Overview
- 9.5.2SWOT Analysis
9.6Taiyo Nippon Sanso Corporation (Mitsubishi Chemical Group Corporation)
- 9.6.1Company Overview
- 9.6.2Financial Analysis
- 9.6.3Segmental Analysis
- 9.6.4Research & Development Expenses
- 9.6.5SWOT Analysis
9.7Dubai Industrial Gas (Al Mana Group)
- 9.7.1Company Overview
9.8Buzwair Industrial Gases Factories (Buzwair Group)
- 9.8.1Company Overview
9.9Messer SE & Co. KGaA (Messer Industrie GmbH)
- 9.9.1Company Overview
- 9.9.2Financial Analysis
- 9.9.3Regional Analysis
- 9.9.4Recent strategies and developments:
  - 9.9.4.1Geographical Expansions:
- 9.9.5SWOT Analysis
9.10.Acail Gas (Acail Group)
- 9.10.1Company Overview

LIST OF TABLES

TABLE 1North America Carbon Dioxide Market, 2019 - 2022, USD Million
TABLE 2North America Carbon Dioxide Market, 2023 - 2030, USD Million
TABLE 3North America Carbon Dioxide Market, 2019 - 2022, Kilo Tonnes
TABLE 4North America Carbon Dioxide Market, 2023 - 2030, Kilo Tonnes
TABLE 5North America Carbon Dioxide Market by Application, 2019 - 2022, USD Million
TABLE 6North America Carbon Dioxide Market by Application, 2023 - 2030, USD Million
TABLE 7North America Carbon Dioxide Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 8North America Carbon Dioxide Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 9North America Food & Beverages Market by Country, 2019 - 2022, USD Million
TABLE 10North America Food & Beverages Market by Country, 2023 - 2030, USD Million
TABLE 11North America Food & Beverages Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12North America Food & Beverages Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13North America Oil & Gas Market by Country, 2019 - 2022, USD Million
TABLE 14North America Oil & Gas Market by Country, 2023 - 2030, USD Million
TABLE 15North America Oil & Gas Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16North America Oil & Gas Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17North America Medical Market by Country, 2019 - 2022, USD Million
TABLE 18North America Medical Market by Country, 2023 - 2030, USD Million
TABLE 19North America Medical Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 20North America Medical Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 21North America Rubber Market by Country, 2019 - 2022, USD Million
TABLE 22North America Rubber Market by Country, 2023 - 2030, USD Million
TABLE 23North America Rubber Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 24North America Rubber Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 25North America Firefighting Market by Country, 2019 - 2022, USD Million
TABLE 26North America Firefighting Market by Country, 2023 - 2030, USD Million
TABLE 27North America Firefighting Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 28North America Firefighting Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 29North America Others Market by Country, 2019 - 2022, USD Million
TABLE 30North America Others Market by Country, 2023 - 2030, USD Million
TABLE 31North America Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 32North America Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 33North America Carbon Dioxide Market by Form, 2019 - 2022, USD Million
TABLE 34North America Carbon Dioxide Market by Form, 2023 - 2030, USD Million
TABLE 35North America Carbon Dioxide Market by Form, 2019 - 2022, Kilo Tonnes
TABLE 36North America Carbon Dioxide Market by Form, 2023 - 2030, Kilo Tonnes
TABLE 37North America Liquid Market by Country, 2019 - 2022, USD Million
TABLE 38North America Liquid Market by Country, 2023 - 2030, USD Million
TABLE 39North America Liquid Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40North America Liquid Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41North America Gas Market by Country, 2019 - 2022, USD Million
TABLE 42North America Gas Market by Country, 2023 - 2030, USD Million
TABLE 43North America Gas Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 44North America Gas Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 45North America Solid Market by Country, 2019 - 2022, USD Million
TABLE 46North America Solid Market by Country, 2023 - 2030, USD Million
TABLE 47North America Solid Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 48North America Solid Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 49North America Carbon Dioxide Market by Source, 2019 - 2022, USD Million
TABLE 50North America Carbon Dioxide Market by Source, 2023 - 2030, USD Million
TABLE 51North America Carbon Dioxide Market by Source, 2019 - 2022, Kilo Tonnes
TABLE 52North America Carbon Dioxide Market by Source, 2023 - 2030, Kilo Tonnes
TABLE 53North America Ethyl Alcohol Market by Country, 2019 - 2022, USD Million
TABLE 54North America Ethyl Alcohol Market by Country, 2023 - 2030, USD Million
TABLE 55North America Ethyl Alcohol Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 56North America Ethyl Alcohol Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 57North America Hydrogen Market by Country, 2019 - 2022, USD Million
TABLE 58North America Hydrogen Market by Country, 2023 - 2030, USD Million
TABLE 59North America Hydrogen Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 60North America Hydrogen Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 61North America Ethylene Oxide Market by Country, 2019 - 2022, USD Million
TABLE 62North America Ethylene Oxide Market by Country, 2023 - 2030, USD Million
TABLE 63North America Ethylene Oxide Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 64North America Ethylene Oxide Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 65North America Substitute Natural Gas market by Country, 2019 - 2022, USD Million
TABLE 66North America Substitute Natural Gas market by Country, 2023 - 2030, USD Million
TABLE 67North America Substitute Natural Gas Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 68North America Substitute Natural Gas Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 69North America Others Market by Country, 2019 - 2022, USD Million
TABLE 70North America Others Market by Country, 2023 - 2030, USD Million
TABLE 71North America Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 72North America Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 73North America Carbon Dioxide Market by Country, 2019 - 2022, USD Million
TABLE 74North America Carbon Dioxide Market by Country, 2023 - 2030, USD Million
TABLE 75North America Carbon Dioxide Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 76North America Carbon Dioxide Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 77US Carbon Dioxide Market, 2019 - 2022, USD Million
TABLE 78US Carbon Dioxide Market, 2023 - 2030, USD Million
TABLE 79US Carbon Dioxide Market, 2019 - 2022, Kilo Tonnes
TABLE 80US Carbon Dioxide Market, 2023 - 2030, Kilo Tonnes
TABLE 81US Carbon Dioxide Market by Application, 2019 - 2022, USD Million
TABLE 82US Carbon Dioxide Market by Application, 2023 - 2030, USD Million
TABLE 83US Carbon Dioxide Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 84US Carbon Dioxide Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 85US Carbon Dioxide Market by Form, 2019 - 2022, USD Million
TABLE 86US Carbon Dioxide Market by Form, 2023 - 2030, USD Million
TABLE 87US Carbon Dioxide Market by Form, 2019 - 2022, Kilo Tonnes
TABLE 88US Carbon Dioxide Market by Form, 2023 - 2030, Kilo Tonnes
TABLE 89US Carbon Dioxide Market by Source, 2019 - 2022, USD Million
TABLE 90US Carbon Dioxide Market by Source, 2023 - 2030, USD Million
TABLE 91US Carbon Dioxide Market by Source, 2019 - 2022, Kilo Tonnes
TABLE 92US Carbon Dioxide Market by Source, 2023 - 2030, Kilo Tonnes
TABLE 93Canada Carbon Dioxide Market, 2019 - 2022, USD Million
TABLE 94Canada Carbon Dioxide Market, 2023 - 2030, USD Million
TABLE 95Canada Carbon Dioxide Market, 2019 - 2022, Kilo Tonnes
TABLE 96Canada Carbon Dioxide Market, 2023 - 2030, Kilo Tonnes
TABLE 97Canada Carbon Dioxide Market by Application, 2019 - 2022, USD Million
TABLE 98Canada Carbon Dioxide Market by Application, 2023 - 2030, USD Million
TABLE 99Canada Carbon Dioxide Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 100Canada Carbon Dioxide Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 101Canada Carbon Dioxide Market by Form, 2019 - 2022, USD Million
TABLE 102Canada Carbon Dioxide Market by Form, 2023 - 2030, USD Million
TABLE 103Canada Carbon Dioxide Market by Form, 2019 - 2022, Kilo Tonnes
TABLE 104Canada Carbon Dioxide Market by Form, 2023 - 2030, Kilo Tonnes
TABLE 105Canada Carbon Dioxide Market by Source, 2019 - 2022, USD Million
TABLE 106Canada Carbon Dioxide Market by Source, 2023 - 2030, USD Million
TABLE 107Canada Carbon Dioxide Market by Source, 2019 - 2022, Kilo Tonnes
TABLE 108Canada Carbon Dioxide Market by Source, 2023 - 2030, Kilo Tonnes
TABLE 109Mexico Carbon Dioxide Market, 2019 - 2022, USD Million
TABLE 110Mexico Carbon Dioxide Market, 2023 - 2030, USD Million
TABLE 111Mexico Carbon Dioxide Market, 2019 - 2022, Kilo Tonnes
TABLE 112Mexico Carbon Dioxide Market, 2023 - 2030, Kilo Tonnes
TABLE 113Mexico Carbon Dioxide Market by Application, 2019 - 2022, USD Million
TABLE 114Mexico Carbon Dioxide Market by Application, 2023 - 2030, USD Million
TABLE 115Mexico Carbon Dioxide Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 116Mexico Carbon Dioxide Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 117Mexico Carbon Dioxide Market by Form, 2019 - 2022, USD Million
TABLE 118Mexico Carbon Dioxide Market by Form, 2023 - 2030, USD Million
TABLE 119Mexico Carbon Dioxide Market by Form, 2019 - 2022, Kilo Tonnes
TABLE 120Mexico Carbon Dioxide Market by Form, 2023 - 2030, Kilo Tonnes
TABLE 121Mexico Carbon Dioxide Market by Source, 2019 - 2022, USD Million
TABLE 122Mexico Carbon Dioxide Market by Source, 2023 - 2030, USD Million
TABLE 123Mexico Carbon Dioxide Market by Source, 2019 - 2022, Kilo Tonnes
TABLE 124Mexico Carbon Dioxide Market by Source, 2023 - 2030, Kilo Tonnes
TABLE 125Rest of North America Carbon Dioxide Market, 2019 - 2022, USD Million
TABLE 126Rest of North America Carbon Dioxide Market, 2023 - 2030, USD Million
TABLE 127Rest of North America Carbon Dioxide Market, 2019 - 2022, Kilo Tonnes
TABLE 128Rest of North America Carbon Dioxide Market, 2023 - 2030, Kilo Tonnes
TABLE 129Rest of North America Carbon Dioxide Market by Application, 2019 - 2022, USD Million
TABLE 130Rest of North America Carbon Dioxide Market by Application, 2023 - 2030, USD Million
TABLE 131Rest of North America Carbon Dioxide Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 132Rest of North America Carbon Dioxide Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 133Rest of North America Carbon Dioxide Market by Form, 2019 - 2022, USD Million
TABLE 134Rest of North America Carbon Dioxide Market by Form, 2023 - 2030, USD Million
TABLE 135Rest of North America Carbon Dioxide Market by Form, 2019 - 2022, Kilo Tonnes
TABLE 136Rest of North America Carbon Dioxide Market by Form, 2023 - 2030, Kilo Tonnes
TABLE 137Rest of North America Carbon Dioxide Market by Source, 2019 - 2022, USD Million
TABLE 138Rest of North America Carbon Dioxide Market by Source, 2023 - 2030, USD Million
TABLE 139Rest of North America Carbon Dioxide Market by Source, 2019 - 2022, Kilo Tonnes
TABLE 140Rest of North America Carbon Dioxide Market by Source, 2023 - 2030, Kilo Tonnes
TABLE 141Key Information - SOL Group
TABLE 142Key Information - India Glycols Limited
TABLE 143Key Information - Gulf Cryo
TABLE 144Key Information - Linde PLC
TABLE 145Key Information - Ellenbarrie Industrial Gases Limited
TABLE 146Key Information - Taiyo Nippon Sanso Corporation
TABLE 147Key Information - Dubai Industrial Gas
TABLE 148Key Information - Buzwair Industrial Gases Factories
TABLE 149Key Information - Messer SE & Co. KGaA
TABLE 150Key Information - Acail Gas

North America Carbon Dioxide Market Size, Share & Trends Analysis Report By Application, By Form, By Source (Ethyl Alcohol, Hydrogen, Ethylene Oxide, Substitute Natural Gas, and Others), By Country and Growth Forecast, 2023 - 2030