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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
United Kingdom Carbon Dioxide Market Trends
Industrial CO2 is used to enhance the production yield of crops. However, the stream of CO2 needs to be pure enough to safeguard crops from damage. Enriched CO2 is majorly utilised for cucumber, pepper, tomato, and aubergine production. The value of home-produced vegetables or vegetables grown within the UK increased by 4.8% to around USD 2.22 billion in 2022 compared to 2021. It is estimated that by 2030, 10% of the total planted area in the UK would be utilising enriched CO2.
The healthcare sector is heavily reliant on the supply of medical-grade CO2 for critical surgeries. Surgeons deploy CO2 for stabilising body cavities during surgeries such as endoscopy, laparoscopy and arthroscopy as it provides clear visibility of the surgical area. The gas is inert, much like nitrogen making it ideal for general-purpose blanketing and packing in pharmaceutical production. In the pharmaceutical industry, CO2 is employed as a supercritical fluid and is essential for organic compound extraction. Carbon dioxide is also used for “micronisation”, which involves the production of very tiny particles of active medicinal substances.
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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