Carbon Dioxide Production in the US - Industry Market Research Report

Carbon Dioxide Production in the US - Industry Market Research Report

  • March 2022 •
  • 39 pages •
  • Report ID: 6270897 •
  • Format: PDF
Slow leak: Industrial production growth and increased domestic oil drilling activity will likely boost industry revenue

Abstract

Carbon Dioxide Production
Over the five years to 2019, demand from vital markets fizzled because of increased health concerns and shifting consumer preferences. Consequently, industry revenue is expected to decrease over the five years to 2019, including an expected dip in 2019. Nevertheless, IBISWorld projects a stronger growth for the Carbon Dioxide Production industry over the five years to 2024, as industrial production growth, increased domestic oil drilling activity and rising demand from medical markets will likely bolster demand for liquid and gaseous carbon dioxide. However, a further shift in consumer preferences away from carbonated soft drinks and frozen fruits and vegetables will likely temper industry expansion.

This industry manufactures carbon dioxide in compressed and solid forms. Operators then supply the carbon dioxide to a diverse range of customers, including industrial, medical and specialized users.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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