Carbon Dioxide (CO2) Market to Reach $8.6 Billion by 2025 - Owing to Rising Crude Oil Demand & Number of Mature Wells - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Carbon Dioxide (CO2) Market 2014 - 2025" report to their offering.

The global carbon dioxide market size is expected to reach USD 8.6 billion by 2025. Increasing applications of enhanced oil recovery (EOR) technology, owing to rising crude oil demand and number of mature wells is anticipated to fuel the market growth over the next nine years.

Carbon dioxide is a high profile greenhouse gas. However, the excessive amount of CO2 is being dumped into the atmosphere from past few years due to the growth in industrialization. This has resulted in global warming, suffocation of living organisms, and various other health related problems which becomes toxic and harmful to humans.

Companies are also developing advanced carbon capturing and storage technologies such as CCS for effectively capturing, purifying, liquefying, and storing CO2. These companies are also involved in developing effective systems for transporting CO2, which include pipelines, ships, rail, and road tankers. Oil and gas is the major application segment for carbon dioxide market from past few years.

Growing demand for crude oil and advancement in the EOR technologies are the major factor fueling the growth in this segment. In 2015, oil & gas application was followed by food & beverages sector in terms of growth. Increasing demand for carbonation of beverages is anticipated to drive the growth of food & beverages market segment.

Companies Mentioned

  • Universal Industrial Gases, Inc.
  • Linde AG
  • Air Products and Chemicals, Inc.
  • INOX Air Products Ltd.
  • Airgas, Inc.
  • Continental Carbonic Products, Inc.
  • Praxair, Inc.
  • Matheson Tri-Gas, Inc.
  • The BOC Group
  • AGA AB
  • Air Liquide
  • Cosmo Engineering Co. Ltd.

Key Topics Covered:

1 Methodology and Scope

2 Executive Summary

3 Carbon Dioxide (CO2) Market Variables,Trends, & Scope

4 Carbon Dioxide (CO2) Market: Sources Type Estimates & Trend Analysis

5 Carbon Dioxide (CO2) Market: Application Estimates& Trend Analysis

6 Carbon Dioxide (CO2) Market: Regional Estimates & Trend Analysis

7 Competitive Landscape

8 Company Profile

For more information about this report visit http://www.researchandmarkets.com/research/bz4mhv/carbon_dioxide

Contacts

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Laura Wood, Senior Manager
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Related Topics: Industrial and Specialty Gases

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Industrial and Specialty Gases