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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
United Kingdom Carbon Dioxide Market Share
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 Report Snapshots
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.*
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Key Questions Answered in the Report
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 840.5 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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