Featuring market attractiveness scoring, total addressable market sizing, company benchmarking matrices, interactive Excel dashboards, deeper supply chain intelligence, emerging startup tracking, and granular product-level insights, The Business Research Company’s 2026 market reports are built to deliver research that is both more actionable and more strategically valuable.
Solid Carbon Dioxide Market Size Outlook: How Quickly Will Revenue Expand Through 2030?
The solid carbon dioxide market has demonstrated substantial growth over recent years. It is forecast to increase from $1.36 billion in 2025 to $1.46 billion in 2026, achieving a compound annual growth rate (CAGR) of 7.4%. This historical expansion can be attributed to factors such as food cold storage growth, vaccine logistics needs, industrial cleaning adoption, beverage carbonation demand, and event entertainment usage.
The solid carbon dioxide market size is anticipated to undergo significant expansion in the coming years, with projections indicating a rise to $1.91 billion by 2030, achieving a compound annual growth rate (CAGR) of 6.9%. This increase during the forecast period is propelled by factors such as the growth in biopharmaceutical activities, the expansion of e-commerce food delivery services, the adoption of sustainable cleaning methods, the increasing demand for medical logistics, and substantial investments in cold chain infrastructure. Key developments expected within this period include an escalating need for cold chain logistics, broader application in pharmaceutical transportation, the widening scope of dry ice blasting applications, enhanced integration in food preservation, and a growing call for entertainment fog effects.
Get A Free Sample Report With In-Depth Market Insights:
Solid Carbon Dioxide Market Growth Catalysts And Demand Drivers
The solid carbon dioxide market is projected to expand due to the growing production of beverages and food. This production involves the industrial transformation of raw ingredients into packaged food and drink items for consumer use. The rise in beverage and food output is attributed to the increasing global population, which in turn boosts the demand for accessible and sufficient consumable products. Solid carbon dioxide aids beverage and food production by providing precise temperature control and carbonation, making it crucial for processing and packaging. It enhances the quality and safety of products by preserving their freshness and extending their shelf life during storage and transit. For instance, a report from the USDA Economic Research Service (ERS), a US-based government agency, published in October 2024, revealed that in 2023, U.S. spending on food by consumers, businesses, and government entities reached $2.57 trillion, averaging $7,672 per person, reflecting a 7.5% increase from the previous year. Thus, the escalating beverage and food production is a key driver for the growth of the solid carbon dioxide market.
Solid Carbon Dioxide Market Segment Breakdown: Which Categories Lead On Revenue?
The solid carbon dioxide market covered in this report is segmented –
1) By Type: Food Grade, Industrial Grade, Pharmaceutical Grade
2) By Production Method: Commercial Production, In-Situ Production
3) By Distribution Channel: Direct Sale, Distributor, Wholesale
4) By Application: Food Preservation, Shipping And Transportation, Blast Freezing, Special Effects In Entertainment, Industrial Cooling, Cryogenic Applications
5) By End User: Food And Beverages, Healthcare, Logistics And Transportation, Entertainment And Events, Manufacturing
Subsegments:
1) By Food Grade: Cold Chain Logistics, Food Preservation
2) By Industrial Grade: Chemical Processing, Dry Ice Blasting
3) By Pharmaceutical Grade: Vaccine And Biological Transport, Pharmaceutical Packaging, Laboratory Applications
Solid Carbon Dioxide Market Trends Shaping Long-Term Demand
Leading companies in the solid carbon dioxide market are concentrating on creating innovative solutions, such as dry ice blasters, to prioritize effectiveness, ease of use, and environmental responsibility. A dry ice blaster is a cleaning tool that utilizes compressed air to rapidly propel dry ice pellets (solid carbon dioxide) for surface cleaning. For instance, in July 2023, Cold Jet LLC, a US-based machine industry company, introduced the IceRocket dry ice blaster, marketed as a professional, entry-level dry ice blaster. This product delivers powerful, non-abrasive cleaning using dry ice pellets, thereby minimizing operational interruptions and enhancing productivity without harming surfaces or producing secondary residue. Its accessible, entry-level design is well-suited for efficient, eco-friendly cleaning across numerous industries.
Solid Carbon Dioxide Market Leading Players And Competitive Positioning
Major companies operating in the solid carbon dioxide market are Linde plc, Air Liquide Group, Air Products and Chemicals Inc., Continental Carbonic Products Inc., Matheson Tri-Gas Inc., BOC Limited, Gulf Cryo Holding, SICGIL Industrial Gases Limited, Iwatani Corporation, Coregas Pty Ltd., Bhavani Enterprise, Sri Venkateswara Carbonic Gases Private Limited, Bathinda Industrial Gases Pvt. Ltd., Panki Oxygen Pvt. Ltd., Shivam Oxygen Pvt. Ltd., BOSCO India Pvt. Ltd., Universal Industrial Gases Inc., Southern Industrial Gas Sdn Bhd, Axcel Industrial Gases, Niketa Ice Blaast Pvt. Ltd.
View The Full Solid Carbon Dioxide Market Report:
Solid Carbon Dioxide Market Regional Analysis: Which Geography Leads On Revenue?
North America was the largest region in the solid carbon dioxide market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the solid carbon dioxide market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Reach Out To Our Team:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas: +1 310-496-7795
Asia: +44 7882 955267 & +91 8897263534
Europe: +44 7882 955267
Email us at: marketing@tbrc.info
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
