The global dry ice market is expected to witness a significant growth rate during the forecast period. The market for dry ice is being driven by the rising demand in blast cleaning due to the ever-growing industrial sector and increasing use as a refrigerant for frozen food items, replacing water-based ice. However, the difficulty in handling the extremely cold dry ice that can cause burns and the government norms of eliminating it from food items are expected to hinder the growth of the market in the near future.
Dry ice is not only an excellent refrigerant in supermarkets and convenience stores for keeping perishable items such as seafood, meat and poultry, gourmet foods, baked goods, and dairy frozen but also a cost-effective and environmentally friendly option, making it vital in the efficient transportation of such goods during long and distance shipping.
GWP (global warming potential), an indicator of a gas’ greenhouse effect, is a measure of the amount of energy absorbed by 1 ton of an emitted gas, relative to that absorbed by 1 ton of an emitted carbon dioxide (CO2).The lower the GWP value and the higher the cooling capacity, the better are the refrigerants. R744 (dry ice) is amongst the least threatening refrigerants, environmentally. Besides, it has higher cooling capacities compared to other refrigerants, making it cost-effective. The non-toxic nature and non-flammable nature add to the advantages, playing a major role in the growth of dry ice’s application as a refrigerant. Dry ice, which had completely been out of the refrigerant race for over 50 years, is currently being employed as an environmentally benign, low-temperature refrigerant in supermarkets and as the low-temperature stage of large industrial freezing and cold storage systems. With the slow offset of the COVID-19 pandemic, the steady growth of dry ice as a refrigerant is imminent, as the much safer frozen food industry is expected to grow in the coming years.
Modern-day manufacturing and processing of food involves highly complex automated machines, innovative technologies, and a safe environment. Sanitation is a vital element in food and beverage production. FDA, USDA, and EPA-approved dry ice blasting is the safest process to clean containers, mixers, conveyors, and ovens, leaving no harmful secondary waste behind. Microbial growth, lipid oxidation, physical and biochemical and enzymatic reactions are the major limiters to a food product’s shelf life. Apart from sanitizing the processing equipment, dry ice also plays a significant role as a refrigerant and preservative in the food and beverage processing industry. Preserving food through non-cyclic refrigeration is, in fact, one of the most common applications of dry ice. Besides helping with the storage and shelf-life extension, dry ice is also commonly used in the packing and transportation sector of the food industry. Apart from sanitization, dry ice plays a significant role in the food and beverage processing industry as a refrigerant and preservative. Preserving food through non-cyclic refrigeration is, in fact, one of the most common applications of dry ice. Besides helping with the storage and shelf life extension, dry ice is also commonly used in the packing and transportation sector of the food industry. Food grade dry ice is a key ingredient in all the soft drinks we see, and small loose cubes of dry ice can also be used to safely chill bar beverages. The market for dry ice is likely to witness significant growth in the food and beverage processing sector during the forecast period.
The Global Dry ice Market report provides deep insight into the current and future state of the Dry ice Market across various regions. The report examines the market drivers and restraints, along with the impact of Covid-19 are influencing the market growth in detail. The study covers & includes emerging market trend, market developments, market growth opportunity, market SWOT analysis, market dynamics, dry ice market size, and challenges in the industry. This report also covers extensively researched competitive landscape sections with profiles of major companies including their market share and projects.
Key Topics Covered:
1. Executive Summary
2. Research Scope and Methodology
3. Market Analysis
4. Industry Analysis
5. Market Segmentation & Forecast
6. Regional Market Analysis
7. Key Company Profiles
- Air Liquide
- Aquila Triventek
- ARTIMPEX N.V. – CRYONOMIC
- AGSCO Corporation
- ASCO CARBON DIOXIDE
- Cold Jet
- Continental Carbonic
- Dry Ice Corp
- Dry Ice UK
- Kaimeite Gases
- Kyodo International
- Linde Plc
- Tomco2 Systems
- Yara International
- Ziyang Sida Cryogenic Machine
8. Competitive Landscape
9. Conclusions and Recommendations
For more information about this report visit https://www.researchandmarkets.com/r/txgo9s
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Business News Governmental News Finance News
Need Your Help Today. Your $1 can change life.