Dry Ice Market Report

Dry Ice Market Report, By Form (Pellets and Blocks), Application, and Geography - Global Market Share, Trend Analysis & Forecast , 2019 - 2028

Report Code : 10099 | Publish Date : Upcoming | Industry : Food & Beverage | Geography : Global


Dry ice is the name given to solid carbon dioxide and is called so owing to its property of sublimating on the application of heat instead of melting into a liquid. It is used to keep produce chilled or frozen food. It is also added to water to make soda water or carbonated drinks. This gas is often captured during industrial activity and recycled into dry ice. Commercial shipping transport of perishable goods often use dry ice even for frozen as well as non-frozen goods. It is often mixed with regular ice to save shipping weight and prolong the cooling capacity of water ice. Dry ice is sometimes made instantly from liquid CO2. The resulting dry ice snow is packed in the top of a shipping container which offers extended cooling without the use of electrical refrigeration equipment and other connections.

Dry Ice Market Outlook

  • Technological upgradation of the healthcare industry would witness the growth in consumption of dry ice to transport sophisticated and sensitive medical equipment. 
  • The ongoing expansion of the food & beverage industry as well as the transport & shipping sector would prove advantageous to the dry ice market.
  • The multitude uses of dry ice project its versatility and are expected to be the major growth driver for the market.


Dry Ice Market Regional Highlights

  • Asia Pacific’s industrial scenario is in the midst of an uptick driven by large scale expansion across diverse geographies. This has led to the emergence of opportunities for growth in the consumption of dry ice across various end use industries which would manifest in the form of a high growth rate in consumption of dry ice over the forecast period.
  • North America holds a leading market share in 2019 attributing to its advanced positioning in the growth scenario across most end use industries. The relative maturity of the region’s industrial sector and proximity to production facilities is another factor responsible for its dominance.


Dry Ice Market Segmental Overview

  • Dry ice pellets are often added in restaurants while presenting a dish to a customer to provide a fog-effect. The pellets are also added in various drinks and cocktails to produce a fog effect. Crushed dry ice pellets can also be used to freeze home-made ice cream.
  • The storage and transportation of perishable produce uses gel packs of dry ice to preserve the product like fish, until it reaches the intended destination. It is also used to transport medical equipment that are sensitive to ambient temperature.


Dry Ice Market Key Players

The major companies operating in the dry ice market include Air Liquide, Chuan Chon Enterprise, Continental Carbonic Products, Inc, CryoCarb, Dry Ice Corp, Dry Ice UK Ltd, Dryice Pacific/Reliant Dry Ice, Polar Ice Ltd., Sicgil india limited, The Iceman., and The Linde Group among others.

Industry focus would be trained on rapid innovation towards product enhancement towards greater diversity of application. Such technology would eventually be taken up by various end use industries, given the functional benefits of the product. Therefore, greater awareness and cost reduction would be the main focus areas of the key players over the coming years.

  • Dry ice is the name given to solid carbon dioxide and is called so owing to its property of sublimating on the application of heat instead of melting into a liquid. It is used to keep produce chilled or frozen food. It is also added to water to make soda water or carbonated drinks. This gas is often captured during industrial activity and recycled into dry ice.
  • Dry ice comes in pellets and blocks among other forms like gel packs which suit a diverse range of applications. It is used in the food & beverage industry, storage & transportation sector, healthcare, and industrial cleaning among other uses.
  • The dry ice market has been studied geographically by taking the key countries of major regions like North America, Europe, Asia Pacific, and Rest of the World. Rest of the World comprises Latin America and Middle East and Africa.


Why to buy this report:

  • The report offers changing market dynamics in the dry ice market, presenting historical, current and projected market size in terms of value (USD million)
  • The research study provides an in-depth analysis of the industry value chain focusing on the peer and parent markets of dry ice market
  • It presents a comprehensive assessment of geographical regions exhibiting promising growth, potential and niche segments, and a neutral perspective on the dry ice market performance
  • The report also offers strategic recommendations in key business segments based on the market estimations and competitive landscape, mapping the key common trends of dry ice market