NORTH AMERICA CARBON DIOXIDE MARKET 2019-2028

Chemicals & Materials | Specialty Chemicals

NORTH AMERICA CARBON DIOXIDE MARKET 2019-2028

Market By Source, Application And Geography | Forecast 2019-2028

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According to an analysis by Triton Market Research, the carbon dioxide market in North America is likely to augment at a CAGR of 2.89% and 2.51% in terms of revenue and volume respectively over the forthcoming period between 2019 and 2028.



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The countries evaluated in the North American carbon dioxide market are:

           Canada

           The United States

Canada is among the top ten countries in the world, considering the nominal GDP (gross domestic product). According to IMF (International Monetary Fund), the GDP growth rate of the nation is likely to be a bit less than 2% until the year 2020. The US is reported as the most important trade partner for Canada. The economy of Canada is diversified and well-developed, the foundation of the economy being foreign trade. Also, foreign trade is contributing to nearly 45% of the country’s gross domestic products. It also includes food & beverage products. Therefore, the demand for the carbon dioxide market in this region, especially in the food & beverage sector, is likely to remain stable for the forthcoming period. This will aid the growth of the studied market in the country.

In the United States, a gradual increase in the production of petroleum and natural gas has been observed over recent years. It is reported that, in 2018, petroleum production experienced growth by 16%, while natural gas witnessed a 12% upsurge. This escalating production is estimated to consequently increase the demand for carbon dioxide, as it is used in the retrieval process of these products from the reservoirs. In addition, carbonated drinks have been gaining huge popularity among the US population, thereby boosting the demand for carbon dioxide in the country. This increased demand will lead to the growth of the US carbon dioxide market.

Matheson Tri-Gas is a company producing and supplying industrial and specialty gases, along with gas handling equipment. It provides medical, semiconductor, welding, and cylinder gases, atmospheric and bulk gases. It caters to the need of customers using gas in their fabs, labs, processes and plants. The company is headquartered in Irving, Texas, the US.

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Table of Content

1.    NORTH AMERICA CARBON DIOXIDE MARKET - SUMMARY

2.    INDUSTRY OUTLOOK

2.1. MARKET DEFINITION

2.2. KEY INSIGHTS

2.2.1.   ETHYL ALCOHOL IS THE LARGEST SOURCE FOR CARBON DIOXIDE

2.2.2.   INCREASING USAGE IN FIREFIGHTING

2.3. PORTER’S FIVE FORCE ANALYSIS

2.3.1.   THREAT OF NEW ENTRANTS

2.3.2.   THREAT OF SUBSTITUTE

2.3.3.   BARGAINING POWER OF SUPPLIERS

2.3.4.   BARGAINING POWER OF BUYERS

2.3.5.   INTENSITY OF COMPETITIVE RIVALRY

2.4. MARKET ATTRACTIVENESS INDEX

2.5. VENDOR SCORECARD

2.6. VALUE CHAIN ANALYSIS

2.7. PESTEL ANALYSIS

2.8. MARKET DRIVERS

2.8.1.   USE OF CARBON DIOXIDE FLOODING FOR ENHANCED OIL RECOVERY

2.8.2.   GROWING DEMAND FOR SOFT DRINKS

2.9. MARKET RESTRAINTS

2.9.1.   HIGH COST OF CAPTURE AND STORAGE

2.10. MARKET OPPORTUNITIES

2.10.1. USE IN MEDICAL SECTOR IS INCREASING

2.11. MARKET CHALLENGES

2.11.1.  ENVIRONMENTAL CONCERN

3.    CARBON DIOXIDE MARKET OUTLOOK - BY SOURCE

3.1. ETHYL ALCOHOL

3.2. ETHYLENE OXIDE

3.3. HYDROGEN

3.4. SUBSTITUTE NATURAL GAS

3.5. OTHER SOURCES

4.    CARBON DIOXIDE MARKET OUTLOOK - BY APPLICATION

4.1. OIL & GAS

4.2. FOOD & BEVERAGES

4.3. MEDICAL

4.4. RUBBER

4.5. FIREFIGHTING

4.6. OTHER APPLICATIONS

5.    CARBON DIOXIDE MARKET – NORTH AMERICA

5.1. UNITED STATES

5.2. CANADA

6.    COMPETITIVE LANDSCAPE

6.1. UNIVERSAL INDUSTRIAL GASES INC

6.2. LINDE 

6.3. AIR PRODUCTS AND CHEMICALS INC

6.4. INOX AIR PRODUCTS PVT LTD (AIR PRODUCTS AND CHEMICALS INC)

6.5. AIRGAS INC

6.6. CONTINENTAL CARBONIC PRODUCTS INC

6.7. MATHESON TRI-GAS INC

6.8. BOC

6.9. AIR LIQUIDE

6.10. COSMO ENGINEERING CO LTD

7.    RESEARCH METHODOLOGY & SCOPE

7.1. RESEARCH SCOPE & DELIVERABLES

7.1.1.   OBJECTIVES OF STUDY

7.1.2.   SCOPE OF STUDY

7.2. SOURCES OF DATA

7.2.1.   PRIMARY DATA SOURCES

7.2.2.   SECONDARY DATA SOURCES

7.3. RESEARCH METHODOLOGY

7.3.1.   EVALUATION OF PROPOSED MARKET

7.3.2.   IDENTIFICATION OF DATA SOURCES

7.3.3.   ASSESSMENT OF MARKET DETERMINANTS

7.3.4.   DATA COLLECTION

7.3.5.   DATA VALIDATION & ANALYSIS

List of table

TABLE 1: NORTH AMERICA CARBON DIOXIDE MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)

TABLE 2: NORTH AMERICA CARBON DIOXIDE MARKET, BY COUNTRY, 2019-2028 (IN KILOTON)     

TABLE 3: VENDOR SCORECARD        

TABLE 4: NORTH AMERICA CARBON DIOXIDE MARKET, BY SOURCE, 2019-2028 (IN $ MILLION)      

TABLE 5: NORTH AMERICA CARBON DIOXIDE MARKET, BY SOURCE, 2019-2028 (IN KILOTON)     

TABLE 6: NORTH AMERICA CARBON DIOXIDE MARKET, BY APPLICATION, 2019-2028 (IN $ MILLION)

TABLE 7: NORTH AMERICA CARBON DIOXIDE MARKET, BY APPLICATION, 2019-2028 (IN KILOTON)

TABLE 8: NORTH AMERICA CARBON DIOXIDE MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)      

TABLE 9: NORTH AMERICA CARBON DIOXIDE MARKET, BY COUNTRY, 2019-2028 (IN KILOTON)

List of Figures

FIGURE 1: NORTH AMERICA CARBON DIOXIDE MARKET, BY SOURCE, 2019 & 2028 (IN %)           

FIGURE 2: NORTH AMERICA ETHYL ALCOHOL MARKET, 2019-2028 (IN $ MILLION)           

FIGURE 3: NORTH AMERICA FIREFIGHTING MARKET, 2019-2028 (IN $ MILLION)    

FIGURE 4: PORTER’S FIVE FORCE ANALYSIS        

FIGURE 5: MARKET ATTRACTIVENESS INDEX       

FIGURE 6: VALUE CHANIN ANALYSIS

FIGURE 7: PESTEL ANALYSIS  

FIGURE 8: NORTH AMERICA CARBON DIOXIDE MARKET, BY ETHYL ALCOHOL, 2019-2028 (IN $ MILLION)        

FIGURE 9: NORTH AMERICA CARBON DIOXIDE MARKET, BY ETHYLENE OXIDE, 2019-2028 (IN $ MILLION)        

FIGURE 10: NORTH AMERICA CARBON DIOXIDE MARKET, BY HYDROGEN, 2019-2028 (IN $ MILLION)      

FIGURE 11: NORTH AMERICA CARBON DIOXIDE MARKET, BY SUBSTITUTE NATURAL GAS, 2019-2028 (IN $ MILLION)

FIGURE 12: NORTH AMERICA CARBON DIOXIDE MARKET, BY OTHER SOURCES, 2019-2028 (IN $ MILLION)        

FIGURE 13: NORTH AMERICA CARBON DIOXIDE MARKET, BY OIL & GAS, 2019-2028 (IN $ MILLION)      

FIGURE 14: NORTH AMERICA CARBON DIOXIDE MARKET, BY FOOD & BEVERAGES, 2019-2028 (IN $ MILLION)          

FIGURE 15: NORTH AMERICA CARBON DIOXIDE MARKET, BY MEDICAL, 2019-2028 (IN $ MILLION)      

FIGURE 16: NORTH AMERICA CARBON DIOXIDE MARKET, BY RUBBER, 2019-2028 (IN $ MILLION)      

FIGURE 17: NORTH AMERICA CARBON DIOXIDE MARKET, BY FIREFIGHTING, 2019-2028 (IN $ MILLION)   

FIGURE 18: NORTH AMERICA CARBON DIOXIDE MARKET, BY OTHER APPLICATIONS, 2019-2028 (IN $ MILLION)          

FIGURE 19: NORTH AMERICA CARBON DIOXIDE MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)

FIGURE 20: UNITED STATES CARBON DIOXIDE MARKET, 2019-2028 (IN $ MILLION)          

FIGURE 21: CANADA CARBON DIOXIDE MARKET, 2019-2028 (IN $ MILLION) 

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