MARKET OUTLOOK
This report on the North American carbon dioxide market, depicts that the industry is anticipated to bloom at a CAGR of 2.89% and 2.51% in terms of revenue and volume, respectively, over the estimated period 2019-2028.The United States and Canada together constitute the North American carbon dioxide market.
In 2011, the United States surpassed Russia and became the largest producer of natural gas in the world. The country also surpassed Saudi Arabia in 2018 and became the largest producer of petroleum across the globe. This increase in the US is considered as one of the largest absolute petroleum and natural gas production increases. The rich petroleum deposits in the Permian region of western Texas and the areas of eastern New Mexico are contributing majorly towards the growth in the US’ crude oil production. Therefore, the production of oil & gas in the United States is likely to increase further, which will consequently increase the demand for carbon dioxide in the country in the next few years.
The growing demand for convenience beverages due to the rapidly changing lifestyles, such as rising sports activities, workaholic culture and an increasing disposable income, is contributing to the growth of the carbon dioxide market. The rising urban class is the major attractive factor for the increased use of carbon dioxide in the US. This is responsible for influencing the carbon dioxide market growth in the US positively.
COMPETITIVE OUTLOOK
Some noteworthy companies in the carbon dioxide market are Air Products and Chemicals Inc, Cosmo Engineering Co Ltd, Linde, Airgas Inc and Continental Carbonic Products Inc.Table of Contents
1. North America Carbon Dioxide Market - Summary
2. Industry Outlook
3. Carbon Dioxide Market Outlook - by Source
4. Carbon Dioxide Market Outlook - by Application
5. Carbon Dioxide Market – North America
6. Competitive Landscape
7. Research Methodology & Scope
List of Tables
List of Figures
Companies Mentioned
A selection of companies mentioned in this report includes:
- Universal Industrial Gases Inc
- Linde
- Air Products and Chemicals Inc
- Inox Air Products Pvt Ltd (Air Products and Chemicals Inc)
- Airgas Inc
- Continental Carbonic Products Inc
- Matheson Tri-Gas Inc
- BOC
- Air Liquide
- Cosmo Engineering Co Ltd
Methodology
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