Europe Carbon Dioxide Market Size & Outlook, 2022-2030
Europe carbon dioxide market, 2018-2030 (US$M)
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Europe carbon dioxide market highlights
- The Europe carbon dioxide market generated a revenue of USD 4,012.6 million in 2022.
- The market is expected to grow at a CAGR of 7% from 2023 to 2030.
- In terms of segment, food & beverages was the largest revenue generating application in 2022.
- Food & Beverages is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, Spain is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 4,012.6 million |
| Market revenue in 2030 | USD 6,876.0 million |
| Growth rate | 7% (CAGR from 2022 to 2030) |
| Largest segment | Food & beverages |
| Fastest growing segment | Food & Beverages |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Food & Beverages, Oil & Gas, Medical, Fire Suppressant |
| Key market players worldwide | Lincoln 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, Europe region accounted for 22.0% of the global carbon dioxide market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 11,259.0 million by 2030.
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Carbon Dioxide Market Scope
Carbon Dioxide Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 45.64% in 2022. Horizon Databook has segmented the Europe carbon dioxide market based on food & beverages, oil & gas, medical, fire suppressant covering the revenue growth of each sub-segment from 2018 to 2030.
In terms of both volume and revenue, Europe is the third largest carbon dioxide market in the world. UK constitutes the largest share in the European carbon dioxide market, followed by Germany, France, Spain, Italy, and rest of Europe. In Europe, carbon dioxide is mainly used in food & beverages and other applications including oil & gas, medical, rubber, and firefighting. Beer constitutes a significant share in carbon dioxide consumption.
For Instance, Central Europe is the largest consumer of beer with Austria, Poland, Germany, and Romania which are the largest consumers of beer globally. Food & Beverage market may play vital role in future growth of Carbon dioxide in Europe. Carbon dioxide is extensively used in beer production and the consumption of beer is very high in Germany.
According to Telegraph Media Group Limited, Germany was the fifth largest nation in the world, in terms of beer consumption in 2021 accounting to 8.5 billion hectoliters. Factors such as low temperature in the country, are likely to result in high consumption of beer.
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Our clientele includes a mix of carbon dioxide market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe carbon dioxide market , including forecasts for subscribers. This continent databook contains high-level insights into Europe carbon dioxide market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe carbon dioxide market size, by country, 2018-2030 (US$M)
Europe Carbon Dioxide Market Outlook Share, 2022 & 2030 (US$M)
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