The global Liquid Carbon Dioxide (CO2) market stood at approximately 16.2 million tonnes in 2024 and is expected to grow at a CAGR of 4.95 % during the forecast period until 2035. The growing demand for food and beverages is anticipated to fuel the Liquid Carbon Dioxide market.Ìý
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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 the shelf life of baby food, meats, fresh foods, and baked goods (MAP).
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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.
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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 26.3 million tonnes by 2035.
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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 54% of the global Liquid Carbon Dioxide market in 2024. 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.
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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 are in the lead, with a volume share of over 36% in 2024. Chemicals & Petrochemicals and Healthcare also hold recognizable market shares in the Liquid Carbon Dioxide market.
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Significant players in the Global Liquid Carbon Dioxide market are Air Liquide- Zeeland Refinery, Messer Group, Linde plc, Carbolim, and Air Products (ACP Group).Ìý
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Years considered for this report:
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Historical Period: 2015- 2023
Base Year: 2024
Estimated Year: 2025
Forecast Period: 2026-2035
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This report will be delivered on an online digital platform with one-year subscription and quarterly update.
The objective of the Study:Ìý
• 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.Ìý
• To classify and forecast the Global Liquid Carbon Dioxide market based on end-use and regional distribution.
• o examine global competitive developments such as new capacity expansions, mergers & acquisitions, etc., of the Liquid Carbon Dioxide market.
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To extract data for the Global Liquid Carbon Dioxide market, primary research surveys were conducted with Liquid Carbon Dioxide manufacturers, suppliers, distributors, wholesalers, and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ¹û½´ÊÓÆµ was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ¹û½´ÊÓÆµ analyzed various segments and projected a positive outlook for the Global Liquid Carbon Dioxide market over the coming years.Ìý
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¹û½´ÊÓÆµ calculated Liquid Carbon Dioxide demand in the globe by analyzing the historical data and demand forecast which was carried out considering the historical extraction and supply and demand of Liquid Carbon Dioxide across the globe. ¹û½´ÊÓÆµ sourced these values from industry experts, and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ¹û½´ÊÓÆµ.Ìý
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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
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The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Liquid Carbon Dioxide manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
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Report Scope:
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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:
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Attribute
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Details
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Market size Volume in 2024
16.2 million tonnes
Market size Volume by 2035
26.3 million tonnes
Growth Rate
CAGR of 4.95% from 2025 to 2035
Base year for estimation
2025
Historic Data
2015Ìý– 2023
Forecast period
2026 – 2035
Quantitative units
Demand in million tonnes and CAGR from 2025 to 2035
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Report coverage
Capacity By Company, Capacity by Location, Production by Company, Demand by End- Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Company Share
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Segments covered
By End-Use: (Chemicals & Petrochemicals, Food & Beverages, Healthcare, Fire Extinguisher, and Others)
By Sales Channel: (Direct Sale and Indirect Sale)
Regional scope
North America, Europe, Asia Pacific, Middle East and Africa, and South America.
With the given market data, ¹û½´ÊÓÆµ offers customizations according to a company’s specific needs.
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In case you do not find what, you are looking for, please get in touch with our custom research team at sales@chemanalyst.com
Market Data & Insights
Table of Content
1. Capacity By CompanyÌý
On our online platform, you can stay up to date with essential manufacturers and their current and future operation capacity on a practically real-time basis for Liquid Carbon Dioxide.
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2. Capacity By LocationÌý
To better understand the regional supply of Liquid Carbon Dioxide by analyzing its manufacturers' location-based capacity.
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3. Production By CompanyÌý
Study the historical annual production of Liquid Carbon Dioxide by the leading players and forecast how it will grow in the coming years.Ìý
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4. Demand by End- UseÌý
Discover which end-user industry (Chemicals & Petrochemicals, Food & Beverages, Healthcare, Fire Extinguisher, and Others) are creating a market and the forecast for the growth of the Liquid Carbon Dioxide market.Ìý
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5. Demand by Region
Analyzing the change in demand of Liquid Carbon Dioxide in different regions, i.e., North America, Europe, Asia Pacific, Middle East and Africa, and South America, that can direct you in mapping the regional demand.ÌýÌý
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6. Demand by Sales Channel (Direct and Indirect)
Multiple channels are used to sell Liquid Carbon Dioxide. Our sales channel will help in analyzing whether distributors and dealers or direct sales make up most of the industry's sales.
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7. Demand-Supply Gap
Determine the supply-demand gap to gain information about the trade surplus or deficiency of Liquid Carbon Dioxide.
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8. Company Share
Figure out what proportion of the market share of Liquid Carbon Dioxide is currently held by leading players across the globe.Ìý
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9. Country-wise Export
Get details about quantity of Liquid Carbon Dioxide exported by major countries.Ìý
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10. Country-wise Import
Get details about quantity of Liquid Carbon Dioxide imported by major countries.Ìý
I am satisfied with overall performance of ¹û½´ÊÓÆµ. Weekly updates before the final report were especially helpful and reassuring. Additional requests on the interim and/or final reports were handled in a swift and professional manner
Mr.Shin Dosho
Member - Board of Directors
Osaka Gas Co. Ltd
Disruption Tracker
Disruption Tracker reflect the major shutdown on monthly basis which will help you in
tracking the inventory management and smooth functioning of business. Unforeseen shutdowns and disruptions
resulting in a loss of production capacity to impact the bottom line. The capacity tracker provides industries
with a global view of production and consumption capacity loss that reflects the corresponding conversion factors.
It also highlights the immediate impact on supply due to planned and unplanned outages as well as upcoming start-up
of new capacities. Additionally, it emphasizes how each shutdown—whether due to a maintenance turnaround or a case
of force majeure, affects the plant's operating rate for the given duration. Disruption tracker gives a clear insight
into the worldwide outages affecting the commodity of interest. With every shutdown, it also reflects the impact on
supply of the product in the market at a Global level.
What was the global market size of Liquid Carbon Dioxide in terms of volume for 2024?ÌýÌý
Ans:
The global market size of Liquid Carbon Dioxide was approximately 16.2 million tonnes in 2024, and it is expected to soar with a CAGR of 4.95% in the forecast period.
Q2.
What are the major end-use industries of Liquid Carbon Dioxide?Ìý
Ans:
Liquid Carbon Dioxide is used in a wide range of end use industries Chemicals & Petrochemicals, Food & Beverages, Healthcare, Fire Extinguisher, and Others.
Q3.
Do you offer single or multiuser license?
Ans:
Online Access 12 Months – Single User License (Up to 3 users can access the database)
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Online Access 12 Months – Enterprise License (Up to 10 Users can access the database)
Q4.
Will I get access to the analyst who authored this report?
Ans:
You will have 24/7 access to the analyst during the subscription period.
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