Canada Carbon Dioxide Market Size & Outlook, 2022-2030

The carbon dioxide market in Canada is expected to reach a projected revenue of US$ 1,379.4 million by 2030. A compound annual growth rate of 7.6% is expected of Canada carbon dioxide market from 2023 to 2030.
Revenue, 2022 (US$M)
$765.6
Forecast, 2030 (US$M)
$1,379.4
CAGR, 2023 - 2030
7.6%
Report Coverage
Canada

Canada carbon dioxide market, 2018-2030 (US$M)

Canada

Canada carbon dioxide market highlights

  • The Canada carbon dioxide market generated a revenue of USD 765.6 million in 2022 and is expected to reach USD 1,379.4 million by 2030.
  • The Canada market is expected to grow at a CAGR of 7.6% from 2023 to 2030.
  • In terms of segment, food & beverages was the largest revenue generating application in 2022.
  • Medical is the most lucrative application segment registering the fastest growth during the forecast period.

Carbon dioxide market data book summary

Market revenue in 2022USD 765.6 million
Market revenue in 2030USD 1,379.4 million
Growth rate7.6% (CAGR from 2022 to 2030)
Largest segmentFood & beverages
Fastest growing segmentMedical
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationFood & Beverages, Oil & Gas, Medical, Fire Suppressant
Key market players worldwideLincoln Electric Holdings Inc, Air Products & Chemicals Inc, Linde PLC, Nippon Sanso Holdings Corp, Air Liquide SA, Messer Group, SOL Group, Acail Gas, Greco Gas Inc., Sicgil, Strandmöllen

Other key industry trends

  • In terms of revenue, Canada accounted for 4.2% of the global carbon dioxide market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. carbon dioxide market is projected to lead the regional market in terms of revenue in 2030.
  • U.S. is the fastest growing regional market in North America and is projected to reach USD 7,232.2 million by 2030.

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Carbon Dioxide Market Scope

Carbon dioxide market segmentation & scope
Chemicals
Pharmaceuticals
Electronics
Oil Refining
Ammonia
Transportation
Metals & Mining
Water Treatment
Healthcare
Manufacturing
Metal working
Lamps
Others
Methanol
Steel

Carbon Dioxide Market Companies

Name Profile # Employees HQ Website

Canada carbon dioxide market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to carbon dioxide market will help companies and investors design strategic landscapes.


Food & beverages was the largest segment with a revenue share of 30.72% in 2022. Horizon Databook has segmented the Canada carbon dioxide market based on food & beverages, oil & gas, medical, fire suppressant covering the revenue growth of each sub-segment from 2018 to 2030.


  • Canada Carbon Dioxide Application Outlook (Revenue, USD Million, 2018-2030)
    • Food & Beverages
    • Chemicals
    • Pharmaceuticals
    • Electronics
    • Oil Refining
    • Ammonia
    • Transportation
    • Oil & Gas
    • Medical
    • Fire Suppressant
    • Metals & Mining
    • Water Treatment
    • Healthcare
    • Manufacturing
    • Metal working
    • Lamps
    • Others
    • Methanol
    • Steel

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  • Our clientele includes a mix of carbon dioxide market companies, investment firms, advisory firms & academic institutions.
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  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada carbon dioxide market , including forecasts for subscribers. This country databook contains high-level insights into Canada carbon dioxide market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada carbon dioxide market size, by application, 2018-2030 (US$M)

Canada Carbon Dioxide Market Outlook Share, 2022 & 2030 (US$M)

Canada carbon dioxide market size, by application, 2018-2030 (US$M)

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