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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
United Kingdom Carbon Dioxide Market Size
The United Kingdom carbon dioxide market attained a volume of 725.8 KMT in 2023. The market is estimated to witness a CAGR of 1.5% during 2024-2032 to reach a volume of 840.5 KMT by 2032.
| United Kingdom Carbon Dioxide Market Report Summary | Description | Value |
| Base Year | KMT | 2023 |
| Historical Period | KMT | 2018-2023 |
| Forecast Period | KMT | 2024-2032 |
| Market Size 2023 | KMT | 725.8 |
| Market Size 2032 | KMT | 840.5 |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 1.5% |
| CAGR 2024-2032 - Market by Source | Substitute Natural Gas and CCU | 3.5% |
| CAGR 2024-2032 - Market by Production | Combustion | 1.6% |
| CAGR 2024-2032 - Market by End Use | Food and Beverages | 1.8% |
| Market Share by End Use | Food and Beverages | 72.3% |
United Kingdom Carbon Dioxide Market Outlook
- As of 2024 data, around 2.5 million gastrointestinal endoscopic procedures are carried out in the United Kingdom (UK) annually.
- The majority of carbon dioxide used in different sectors in the United Kingdom is a byproduct of the Haber process, which is used to make ammonia.
- CO2 is essential for carbonating beer, giving it its distinctive bubbles. In 2022, the UK produced 37,495.0 thousand hectoliters of beer.
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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