Carbon Dioxide Market: Remains a Moderately Consolidated Landscape, Tier 1 Companies Account for over 60% Revenue Share, Utilization as a 'Cryogenic Food Grade Gas'
Consumption of carbon dioxide witnessed a persistent rise during the historical period 2013-2017, and the status quo is expected to continue during the forecast period 2018-2026. According to Fact.MR, global carbon dioxide consumption is likely to reach nearly 23,000 KT in 2018, up from nearly 21,500 KT in 2017. The study shows that the carbon dioxide market remains moderately consolidated among tier 1 players and top 10 players collectively hold a revenue share of over 60%.
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