Dry Ice Market was valued at USD 140 million in 2021. Global Dry Ice Market size is estimated to grow at a CAGR of 7.8 % over the forecast period.
Dry ice is a type of ice that is used as a refrigerant in the medical and food industries and to create smoke clouds in the entertainment industry. It's a type of strong carbon dioxide that doesn't leave behind any residue. It is called dry ice because it sublimates, or changes directly into a gas when heated rather than melting into liquid.
Introduction of Dry Ice market:
Each and every insight presented in the report was published by an expert group of Stellar Market Research, which is derived from primary interviews with top officials from leading companies in the domain concerned. The report’s secondary data research methodology includes deep online and offline research and discussion with expert professionals and analysts in the Dry Ice industry. In the report, Dry Ice market reports, industry trends have been explained on the macro level, which is expected to help to find an outline market landscape and probable future issues.
Dry Ice Market Overview:
The SMR Dry Ice Market report examines the upstream, midstream, and downstream industries' historical and projected growth. The market study goes into detail about the overall market size, overall revenue, and market segmentation. The SMR research thoroughly considers a variety of factors, including current market competition, potential growth barriers, and profiles of key manufacturers, as well as production and consumption by relevant areas.
Dry Ice Market Key players:
Gulf Cryo (Kuwait)
Air Liquide (France)
Dry Ice UK Ltd (UK)
Dry Ice Corp. (USA)
Tripti Dry Ice Co (India)
Pacific/Reliant Dry Ice (USA)
Continental Carbonic Products, Inc. (USA)
Linde plc (USA)
Chuan Chon Enterprise (Taiwan)
CryoCarb (USA)
Polar Ice Ltd. (Ireland)
Messer Group (Germany)
Yara International ASA (Norway)
Continental Carbonic Products Inc. (USA)
Sicgil India (India)
Praxair Technology Inc. (USA)
Chuan Chon Dryice (Taiwan)
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Dry Ice Market Drivers:
Dry Ice extends the useful life of transitory and pharmaceutical items by meeting explicit temperature requirements for their preservation during storage or transport. Dry ice is commonly used instead of water-based ice because it has a lower temperature and does not melt into a liquid structure, making it water-free.
Dry Ice Market Segmentation:
Storage and transportation, food and beverages, healthcare, industrial cleaning, and the entertainment industry are the segments of the Dry Ice market. During the forecast period, storage and transportation would dominate the market with the highest market share. Time and temperature sensitive shipments necessitate extra care and information to ensure a controlled and positive exchange with dry ice logistics services.
Prime Reasons to purchase a Dry Ice Market report:
The goal of the Dry Ice market report is to help consumers to gain more information and a clearer understanding of the industry. The Dry Ice market growth analysis includes development trends, competitive landscape analysis, investment plan, business strategy, opportunity, and key regions development status for international markets.
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Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business.
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Mar 03, 2023