North America Dry Ice Market opportunities, revenue analysis, Trends and Forecast 2027
The solid type of carbon dioxide is known as dry ice. Strong carbon dioxide is recognized by a direct stage change from strong to vaporous state without going through stage change into the liquid with increasing temperature. The North America Dry Ice mechanism includes compressing the vaporous type of carbon dioxide, followed by cooling to the liquefied type of CO2. The liquefied structure goes through pressurized expansion to acquire dry ice, sometimes otherwise called strong carbon dioxide. North America Dry Ice is as often as possible utilized than water-based ice because of its low temperature (- 78°C).
North America Dry Ice Market Report Scope and Research Methodology:
The research provides an in-depth analysis of the market, including key stakeholders in the North America Dry Ice industry. The volume, income, production, and sales of the market are all detailed in the North America Dry Ice market research. It clearly illustrates the market’s historical and current state, as well as anticipated trends and North America Dry Ice market size. The report used different research approaches, such as interviews, surveys, and so on, to fully understand customer behaviour.
The SMR report is the outcome of multiple approaches utilised in the study, including PORTER, PESTLE, and SWOT analysis, as well as a bottom-up approach to estimating the North America Dry Ice market size. These methodologies were utilised in the study to provide light on the important financial aspects on which key firms must concentrate when identifying competitio and formulating market strategies.
North America Dry Ice Market Overview:
Stellar Market Research has released a research titled North America Dry Ice Market, which includes Manufacturers, Regions, Types, Applications, Segments, and Forecast to 2029. The study analyses insights in light of the North America Dry Ice market, as well as its ever-changing patterns, industry environment, and other leading market elements.
North America Dry Ice Market Size was valued at USD 73 billion in 2020. The North America Dry Ice Market size is estimated to grow at a CAGR of 3.7 % over the forecast period
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North America Dry Ice Market Segmentation:
Based on Type, the global dry ice market segmented into Pellets, Blocks, Slice and others. In this segmentation, pellets segment will dominate the regional Dry Ice market. Dry Ice in the form of pellets is widely used in the rebuilding old buildings, blast cleaning, freezing, and chilling and transportation of food and biological specimens such as vaccines and blood.
By Application, the global Dry Ice market has been segmented into different sectors like Storage & Transportation, Food & Beverages, Healthcare and Entertainment Industry. Food & beverages and related industries contributed USD 1.109 trillion to the United States GDP in 2021, accounting for a 5.2% share. The demand for frozen food in the United States has increase due to an increase in the working population, longer-shelf-life of Products, and rising demand from various consumers, ranging from restaurants and hotels to fast-food centres, cloud kitchen will further drive the regional dry ice market. Hence, growing applications of dry ice in the food and beverage and healthcare industries are likely to boost the market in the region. The growing entertainment industry in North America has resulted in an increase in demand for dry ice, with the United States and Canada leading on top.
North America Dry Ice Market Key Players:
Continental Carbonic Products (USA)
Sutton-Garten (USA)
Airgas Dry Ice (USA)
Linde Canada (Canada)
Agsco Corp. (USA)
Infra Mexico (Mexico)
Iceman (Canada)
Polar Ice (Bahamas)
North America Dry Ice Market Regional Insights:
The North America Dry Ice The market report includes a detailed analysis of market size, dynamics and market share in regions: North America, Europe, Asia Pacific, South America and Middle East and Africa.
Key Questions answered in the North America Dry Ice Market Report are:
- What is the expected North America Dry Ice market size by the end of the forecast period?
- What are the North America Dry Ice market segments?
- Which segment in the North America Dry Ice market is expected to grow rapidly during the forecast period?
- Which are the prominent players in the North America Dry Ice market?
- What key trends are expected to emerge in the North America Dry Ice market during the forecast period?
- Which region dominated the North America Dry Ice Market?
- Which regional market is expected to grow at a high rate during the forecast period?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segments with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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About Stellar Market Research
Established in 2018, Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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