From 2009 to 2014, demand from markets vital to the Carbon Dioxide Production industry fizzled because of increased health concerns and shifting consumer preferences. Consequently, industry revenue is expected to decline marginally in the five years to 2014. IBISWorld projects a slight turnaround for the Carbon Dioxide Production industry over the five years to 2019, supported by an anticipated expansion in industrial production, rising demand from medical markets due to a progressively aging US population and increased domestic oil drilling activity propelled by persistently high global crude prices. However, a continuation of shifting consumer preferences away from carbonated soft drinks and frozen fruits and vegetables will temper industry expansion during this period.
This industry manufactures carbon dioxide in compressed and solid forms. Firms then supply the carbon dioxide to a diverse range of customers, including industrial, medical and specialized users.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.