Market research and analysis:The market for Dry Ice is expected to grow steadily over the next few years

Global Info Research report 《Global Dry Ice Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029》. This report provides a basic overview of the Dry Ice market, including definitions, classifications, applications, and industry chain structures, and also discusses development policies and plans as well as manufacturing processes and cost structures, and analyzes the development of the Dry Ice market The current situation and future market trends, and analyze the main production areas, main consumption areas and main manufacturers of the Dry Ice market from the perspectives of production and consumption.

The Dry Ice market covers Food Grade, Industry Grade, etc. The typical players include Linde, Air Liquide, Messer Group, SOL Group, Taiyo Nippon Sanso, etc. Dry ice is the solid form of carbon dioxide. It is colourless, odourless, non-flammable, and slightly acidic. Dry ice made by liquid CO2 to which is expanded to produce CO2 snow and then compressing it into conveniently sized dry ice blocks and pellets. Dry ice is mainly used for food preservation, machine blast cleaning and other fields.

According to our (Global Info Research) latest study, the global Dry Ice market size was valued at USD 925 million in 2022 and is forecast to a readjusted size of USD 1299.6 million by 2029 with a CAGR of 5.0% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Global Dry Ice key players include Linde, Messer Group, Air Liquide, Taiyo Nippon Sanso, etc. Global top four manufacturers hold a share about 60%.

APAC is the largest market, with a share about 50%, followed by Europe, and Americas, both have a share about 55 percent.
In terms of product, Food Grade is the largest segment, with a share over 80%. And in terms of application, the largest application is Food and Beverage, followed by Industrial Cleaning, Entertainment Industrial, etc.

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