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Based on production, combustion accounts for a significant share of the market
Carbon dioxide is being significantly produced as a byproduct from the energy and industrial production processes such as ammonia production, fossil fuel combustion, and ethanol production. It is estimated that for every tonne of ammonia produced, between 1.9 and 2.6 metric tons of carbon dioxide is generated.
Carbon dioxide is biologically produced by the decomposition of organic matter, forest fires and other land use changes. The increased temperature levels activate the microbes to degrade the materials at a faster rate, leading to the increased production of CO2.
Based on end use, the food and beverage sector is a major contributor to the United Kingdom carbon dioxide market revenue
In the food and beverages sector, carbon dioxide is being widely adopted in fizzy drinks, for extending the shelf life of fruit and vegetables, and as dry ice for goods refrigeration. The UK had the presence of 12,460 food and drink manufacturing businesses as of 2021 data. The food and beverage manufacturing sector is considered the largest manufacturing sector in the UK, with an industry output of USD 40.82 billion in 2022.
Carbon dioxide finds application in the medical sector for insufflation in surgeries like laparoscopy and arthroscopy, in cryotherapy devices, and is also combined with oxygen to induce respiratory stimulation in patients. In the United Kingdom, as of 2023, more than 60,000 laparoscopic cholecystectomies (LC) are performed annually, while around 184,000 adults are admitted to an intensive care unit (ICU) each year with over 30% receiving mechanical ventilation.
United Kingdom Carbon Dioxide Market Size
United Kingdom Carbon Dioxide Market Growth
United Kingdom Carbon Dioxide Market Trends
United Kingdom Carbon Dioxide Market Share
United Kingdom Carbon Dioxide Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 United Kingdom Carbon Dioxide Market Analysis
8.1 Key Industry Highlights
8.2 United Kingdom Carbon Dioxide Historical Market (2018-2023)
8.3 United Kingdom Carbon Dioxide Market Forecast (2024-2032)
8.4 United Kingdom Carbon Dioxide Market by Source
8.4.1 Ammonia
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Ethyl Alcohol
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Substitute Natural Gas
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.5 United Kingdom Carbon Dioxide Market by Production
8.5.1 Biological
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Combustion
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 United Kingdom Carbon Dioxide Market by End Use
8.6.1 Food and Beverages
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Oil and Gas
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Medical
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Metal Fabrication
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Others
9 Market Dynamics
9.1 SWOT Analysis
9.1.1 Strengths
9.1.2 Weaknesses
9.1.3 Opportunities
9.1.4 Threats
9.2 Porter’s Five Forces Analysis
9.2.1 Supplier’s Power
9.2.2 Buyer’s Power
9.2.3 Threat of New Entrants
9.2.4 Degree of Rivalry
9.2.5 Threat of Substitutes
9.3 Key Indicators for Demand
9.4 Key Indicators for Price
10 Trade Data Analysis (HS Code – 281121)
10.1 Major Exporting Countries by Value
10.1.1 By Value
10.1.2 By Volume
10.2 Major Importing Countries
10.2.1 By Value
10.2.2 By Volume
11 Price Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles: CO2 Key Players
12.2.1 Ensus UK Limited
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 BioCarbonics Ltd.
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Tata Chemicals Europe Limited
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Yara International ASA
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.3 Company Profiles: CO2 Key Suppliers
12.3.5 BOC Limited
12.3.5.1 Company Overview
12.3.5.2 Product Portfolio
12.3.5.3 Demographic Reach and Achievements
12.3.5.4 Certifications
12.3.5 Air Products Plc
12.3.5.1 Company Overview
12.3.5.2 Product Portfolio
12.3.5.3 Demographic Reach and Achievements
12.3.5.4 Certifications
12.3.5 Air Liquide UK Ltd.
12.3.5.1 Company Overview
12.3.5.2 Product Portfolio
12.3.5.3 Demographic Reach and Achievements
12.3.5.4 Certifications
12.3.5 Noppon Gases UK Limited
12.3.5.1 Company Overview
12.3.5.2 Product Portfolio
12.3.5.3 Demographic Reach and Achievements
12.3.5.4 Certifications
12.3.5 Progases (UK) Limited
12.3.5.1 Company Overview
12.3.5.2 Product Portfolio
12.3.5.3 Demographic Reach and Achievements
12.3.5.4 Certifications
12.3.6 Others
13 Key Trends and Developments in the Market
List of Figures and Tables
1. United Kingdom Carbon Dioxide Market: (USD Million), 2018 and 2032
2. United Kingdom Carbon Dioxide Market: (KMT), 2018 and 2032
3. United Kingdom Carbon Dioxide Historical Market: Breakup by Source (KMT), 2018-2023
4. United Kingdom Carbon Dioxide Market Forecast: Breakup by Source (KMT), 2024-2032
5. United Kingdom Carbon Dioxide Historical Market: Breakup by Production (KMT), 2018-2023
6. United Kingdom Carbon Dioxide Market Forecast: Breakup by Production (KMT), 2024-2032
7. United Kingdom Carbon Dioxide Historical Market: Breakup by End Use (KMT), 2018-2023
8. United Kingdom Carbon Dioxide Market Forecast: Breakup by End Use (KMT), 2024-2032
9. Major Exporting Countries by Value
10. Major Importing Countries by Value
11. Major Exporting Countries by Volume
12. Major Importing Countries by Volume
13. United Kingdom Carbon Dioxide Market Structure
The United Kingdom carbon dioxide market attained a volume of 725.8 KMT in 2023.
The market is estimated to grow at a CAGR of 1.5% during 2024-2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a volume of 965.64 KMT by 2032.
The factors driving the market growth are expansion of the food and beverage sectors, growing medical sector, and the rising adoption of new alternatives for the manufacture of carbon dioxide.
Human activities, such as burning fossil fuels, including coal and oil energy are resulting in increased levels of CO2 in the atmosphere.
The key market trends include the increasing use of carbon dioxide in various end uses and extensive development of carbon capture, utilisation, and storage technologies.
The sources include ammonia, ethyl alcohol, and substitute natural gas and CCU.
The end uses include food and beverages, oil and gas, medical, metal fabrication, and others.
The key players in the market include Ensus UK Limited, BioCarbonics Ltd., Tata Chemicals Europe Limited, and YARA International ASA, among others.
The production methods are combustion and biological.
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