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Europe Dry Ice Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - Type and Application

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    Report

  • 89 Pages
  • November 2022
  • Region: Europe
  • The Insight Partners
  • ID: 5701633
UP TO OFF until Jun 30th 2024
The dry ice market in Europe is expected to grow from US$ 63.92 million in 2022 to US$ 86.55 million by 2028. It is estimated to grow at a CAGR of 5.2% from 2022 to 2028.

Another use of dry ice is for the special effects. Small, localized fog effects for use in theatres and by photographers and film makers can be achieved by adding dry ice pellets in a bucket of hot water which increases the sublimation rate immediately creating a dense ground level fog. Dry ice creates stunning visual fog effects at weddings, Halloween, birthday parties and in pubs and nightclubs. Dry ice creates a fog effect because of its cold temperature (-78.5°C). When immersed in hot water, it creates a cloud of water vapor fog. When the water is colder than 15°C, the fog effect stops but the dry ice continues to sublimate and bubble. Dry ice offers multiple benefits for any function, party or event. By placing dry ice blocks in a heated pool or jacuzzi creates an impressive fog effect that attracts guests. It is also used in weddings to create a romantic dancing-on-clouds effect. Dry ice produces the low-lying fog that flows across the ground. Dry ice is an addition to a champagne glass tower, creating a cascading fog effect. Moreover, it is also used in Halloween parties for special effects. Furthermore, dry ice is sometimes used in the presentation of food in restaurants. Dry Ice pellets work best as it can be added in small amounts to serving trays to produce a fog effect around the food dishes. It is also used with cocktails and other drinks to produce a fun and unique fog effect. Chill Sticks are specially developed to hold dry ice pellets safely in a glass without risk of the dry ice being swallowed.

Market Overview

Germany, France, Italy, the UK, Russia, and rest of Europe are the key contributors to the dry ice market in the Europe. The demand for dry ice in Europe is increasing significantly owing to the expansion of healthcare, food, and beverages industries. Majorly the demand for dry ice in Europe is driven by medical sector. The healthcare expenditure of Europeans is growing significantly. People are highly concerned about their health and are making crucial investments in purchasing healthcare products. In healthcare dry ice is used for storing materials at temperature from recovery to preservation and transportation. Healthcare facilities require dry ice blasting system because they need crucial sanitation all these factors are projecting demand for dry ice in Europe. Further, the pharmaceutical companies must comply with stringent regulations related to the transportation and storage of drugs. As drugs are susceptible to damage when exposed to heat and moisture, they need to be stored in a controlled environment. Dry ice is effective solutions to reduce the risk of damage caused by heat and temperature fluctuations. The majority of the logistics and transportation companies in the pharmaceutical industry prefer using dry ice to protect their shipments. The active presence of leading dry ice companies in the region is also expected to drive the market over the forecast period.

Europe Dry Ice Market Segmentation

The Europe dry ice market is segmented into type, application, and country. -Based on type, the market is segmented into pellets, blocks, and others. The blocks segment registered the largest market share in 2022.
  • Based on application, the market is segmented into food and beverages, storage and transportation, healthcare, industrial applications, and others. The storage and transportation segment held the largest market share in 2022.
  • Based on country, the market is segmented into Germany, France, Italy, the UK, Russia, and rest of Europe. Germany dominated the market share in 2022.
Praxair Technology, Inc; Dry Ice UK Ltd; Polar Ice, Ltd; ACP; and LINDE are the leading companies operating in the dry ice market in the region.

Table of Contents

1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Dry Ice Market, by Type
1.3.2 Europe Dry Ice Market, by Application
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Europe Dry Ice Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Threat of New Entrants
4.2.2 Bargaining Power of Suppliers
4.2.3 Bargaining Power of Buyers
4.2.4 Competitive Rivalry
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers
4.3.2 Manufacturers
4.3.3 End-use Industries
4.4 Expert Opinion
5. Europe Dry Ice Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 High Demand for Dry Ice in Storage and Transportation
5.1.2 Dry Ice Increasing Preference for Dry Ice over Water-based Ice
5.2 Market Restraints
5.2.1 The Inability of Dry Ice to be Stored for an Extended Period
5.3 Market Opportunities
5.3.1 The Rapidly Increasing Demand for Frozen Foods
5.4 Future Trends
5.4.1 Use of Dry Ice for Creating Special Effects
5.5 Impact Analysis of Drivers and Restraints
6. Dry Ice Market - Europe Analysis
6.1 Europe Dry Ice Market -Revenue and Forecast to 2028 (USD Million)
7. Europe Dry Ice Market Analysis - By Type
7.1 Overview
7.2 Europe Dry Ice Market, By Type (2021 and 2028)
7.3 Pellets
7.3.1 Overview
7.3.2 Pellets: Dry Ice Market - Revenue and Forecast to 2028 (US$ Mn)
7.4 Blocks
7.4.1 Overview
7.4.2 Blocks: Dry Ice Market - Revenue and Forecast to 2028 (US$ Mn)
7.5 Others
7.5.1 Overview
7.5.2 Others: Dry Ice Market - Revenue and Forecast to 2028 (US$ Mn)
8. Europe Dry Ice Market Analysis - By Application
8.1 Overview
8.2 Europe Dry Ice Market, By Application (2021 and 2028)
8.3 Food and Beverages
8.3.1 Overview
8.3.2 Food and Beverages: Dry Ice Market - Revenue and Forecast to 2028 (US$ Mn)
8.4 Storage and Transportation
8.4.1 Overview
8.4.2 Storage and Transportation: Dry Ice Market - Revenue and Forecast to 2028 (US$ Mn)
8.5 Healthcare
8.5.1 Overview
8.5.2 Healthcare: Dry Ice Market - Revenue and Forecast to 2028 (US$ Mn)
8.6 Industrial Applications
8.6.1 Overview
8.6.2 Industrial Applications: Dry Ice Market - Revenue and Forecast to 2028 (US$ Mn)
8.7 Others
8.7.1 Overview
8.7.2 Others: Dry Ice Market - Revenue and Forecast to 2028 (US$ Mn)
9. Europe Dry Ice Market - Country Analysis
9.1 Overview
9.1.1 Europe: Dry Ice Market, by Key Country
9.1.1.1 Germany: Dry Ice Market -Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 Germany: Dry Ice Market, By Type
9.1.1.1.2 Germany: Dry Ice Market, by Application
9.1.1.2 France: Dry Ice Market -Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 France: Dry Ice Market, By Type
9.1.1.2.2 France: Dry Ice Market, by Application
9.1.1.3 Italy: Dry Ice Market -Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Italy: Dry Ice Market, By Type
9.1.1.3.2 Italy: Dry Ice Market, by Application
9.1.1.4 UK: Dry Ice Market -Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 UK: Dry Ice Market, by Type
9.1.1.4.2 UK: Dry Ice Market, by Application
9.1.1.5 Russia: Dry Ice Market -Revenue and Forecast to 2028 (US$ Million)
9.1.1.5.1 Russia: Dry Ice Market, By Type
9.1.1.5.2 Russia: Dry Ice Market, by Application
9.1.1.6 Rest of Europe: Dry Ice Market -Revenue and Forecast to 2028 (US$ Million)
9.1.1.6.1 Rest of Europe: Dry Ice Market, by Type
9.1.1.6.2 Rest of Europe: Dry Ice Market, by Application
10. Company Profiles
10.1 Praxair Technology, Inc.
10.1.1 Key Facts
10.1.2 Business Description
10.1.3 Products and Services
10.1.4 Financial Overview
10.1.5 SWOT Analysis
10.1.6 Key Developments
10.2 Dry Ice UK Ltd.
10.2.1 Key Facts
10.2.2 Business Description
10.2.3 Products and Services
10.2.4 Financial Overview
10.2.5 SWOT Analysis
10.2.6 Key Developments
10.3 Polar Ice Ltd.
10.3.1 Key Facts
10.3.2 Business Description
10.3.3 Products and Services
10.3.4 Financial Overview
10.3.5 SWOT Analysis
10.3.6 Key Developments
10.4 LINDE
10.4.1 Key Facts
10.4.2 Business Description
10.4.3 Products and Services
10.4.4 Financial Overview
10.4.5 SWOT Analysis
10.4.6 Key Developments
10.5 ACP
10.5.1 Key Facts
10.5.2 Business Description
10.5.3 Products and Services
10.5.4 Financial Overview
10.5.5 SWOT Analysis
10.5.6 Key Developments
List of Tables
Table 1. Europe Dry Ice Market -Revenue and Forecast to 2028 (USD Million)
Table 2. Germany Dry Ice Market, By Type - Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany Dry Ice Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 4. France Dry Ice Market, By Type - Revenue and Forecast to 2028 (US$ Million)
Table 5. France Dry Ice Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 6. Italy Dry Ice Market, By Type - Revenue and Forecast to 2028 (US$ Million)
Table 7. Italy Dry Ice Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 8. UK Dry Ice Market, By Type - Revenue and Forecast to 2028 (US$ Million)
Table 9. UK Dry Ice Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 10. Russia Dry Ice Market, By Type - Revenue and Forecast to 2028 (US$ Million)
Table 11. Russia Dry Ice Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 12. Rest of Europe Dry Ice Market, By Type - Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of Europe Dry Ice Market, by Application - Revenue and Forecast to 2028 (US$ Million)
List of Figures
Figure 1. Europe Dry Ice Market Segmentation
Figure 2. Europe Dry Ice Market Segmentation - By Country
Figure 3. Europe Dry Ice Market Overview
Figure 4. Europe Dry Ice Market, By Type
Figure 5. Europe Dry Ice Market, by Country
Figure 6. Europe Porter’s Five Forces Analysis
Figure 7. Europe Ecosystem: Dry Ice Market
Figure 8. Expert Opinion
Figure 9. Europe Dry Ice Market Impact Analysis of Driver and Restraints
Figure 1. Europe Dry Ice Market - Revenue and Forecast to 2028 (USD Million)
Figure 1. Europe Dry Ice Market Revenue Share, By Type (2021 and 2028)
Figure 1. Europe Pellets: Dry Ice Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 1. Europe Blocks: Dry Ice Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 1. Europe Others: Dry Ice Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 1. Europe Dry Ice Market Revenue Share, By Application (2021 and 2028)
Figure 1. Europe Food and Beverages: Dry Ice Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 1. Europe Storage and Transportation: Dry Ice Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 1. Europe Healthcare: Dry Ice Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 1. Europe Industrial Applications: Dry Ice Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 20. Europe Others: Dry Ice Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 21. Europe: Dry Ice Market Revenue Share, by Key Country- Revenue (2021) (US$ Million)
Figure 22. Europe: Dry Ice Market Revenue Share, by Key Country (2021 and 2028)
Figure 23. Germany: Dry Ice Market -Revenue and Forecast to 2028 (US$ Million)
Figure 24. France: Dry Ice Market -Revenue and Forecast to 2028 (US$ Million)
Figure 25. Italy: Dry Ice Market -Revenue and Forecast to 2028 (US$ Million)
Figure 26. UK: Dry Ice Market -Revenue and Forecast to 2028 (US$ Million)
Figure 27. Russia: Dry Ice Market -Revenue and Forecast to 2028 (US$ Million)
Figure 28. Rest of Europe: Dry Ice Market -Revenue and Forecast to 2028 (US$ Million)

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Praxair Technology, Inc
  • Dry Ice Uk, Ltd.
  • Polar Ice,Lts.
  • Linde.
  • Acp.

Table Information