Dry Ice Market Outlook, Trend, Growth and Share Estimation Analysis Forecasts 2022-2028

According to our latest market study on "Dry Ice Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Type and Application," the market is expected to grow from US$ 269.01 million in 2022 to US$ 374.36 million by 2028; it is estimated to grow at a CAGR of 5.7% from 2022 to 2028. The report highlights key factors driving the market growth and prominent players with their progress in the market.

Increased Preference for Dry Ice over Water-based Ice Drives Dry Ice Market Growth

In recent years, consumers have increasingly preferred dry ice over water-based ice. The benefits provided by dry ice in the pharmaceutical, machine blasting cleaning, food preservation, and entertainment industries have led to an increased demand for dry ice over water-based ice which is driving the dry ice market growth. Dry ice has lower temperatures than water-based ice, which has led to an increased demand for dry ice for storage and transportation application. The lowest temperature offered by dry ice is -78°C, while the lowest offered by regular water ice is -18°C. Dry ice lasts longer than water-based ice, whereas water-based ice melts much faster and is needed to be replaced to keep items cool frequently. Dry ice is being increasingly considered a far better option than water-based ice. When heated, the dry ice does not leave any residue and is also used in the production of soda and drinks. Further, dry ice is being increasingly used for transportation in the medical industry, including the transportation of body parts, organs, and blood. Thus, the increasing preference for dry ice over water-based ice is driving the growth of the dry ice market. Polar Ice; Continental Carbonic Products Inc.; Sicgil India Limited.; Linde PLC; Dry Ice UK Ltd.; Dry Ice Corp; Reliant Dry Ice; CryoCab; Praxair Technology, Inc.; and ACP are among the well-established players constituting the dry ice market share.

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The report includes an inside and out valuation concerning the future progressions depending on the past information and current conditions of the market. It gives a comprehensive perspective on the worldwide Dry Ice market to settle on astute choices with respect to future changes. The examination group has researched administrators, central participants on the lookout, topographical fracture, item type, and its depiction, and market end-customer applications. It gives assessed deals income from every single section alongside every district. The report includes essential and optional information which is introduced as diagrams and pie graphs for better arrangement. The general report is introduced in a powerful way that includes a fundamental framework, arrangements, and certain realities according to reassurance and cognizance.

PDF Sample Report covers Research Requirement, also including impact analysis of COVID-19 on Dry Ice market.

Major Material Type of Dry Ice Market Research report:
• Pellets
• Blocks
• Others

Application Dry Ice Market Research Report:
• Food and Beverages
• Storage and Transportation
• Healthcare
• Industrial Applications
• Others

Key Offerings:
• Market Size & Forecast by Revenue | 2028
• Market Dynamics - Leading trends, growth drivers, restraints, and investment opportunities
• Market Segmentation - A detailed analysis by product, types, end-user, applications, segments, and geography
• Competitive Landscape - Top key vendors and other prominent vendors.

Dry Ice Market Regional and Country-wise Analysis:
• North America (U.S., Canada, Mexico)
• Europe (U.K., France, Germany, Spain, Italy, Central & Eastern Europe, CIS)
• Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
• Latin America (Brazil, Rest of Latin America)
• The Middle East and Africa (Turkey, GCC, Rest of the Middle East and Africa)

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Key Factors covered are:
1. To characterize, portray, and check the Dry Ice market based on product type, application, and region.
2. To estimate and inspect the size of the Dry Ice market (in terms of value) in six key regions, specifically, North and South America, Western Europe, Central & Eastern Europe, the Middle East, Africa, and the Asia-Pacific.
3. To estimate and inspect the Dry Ice markets at country-level in every region.
4. To strategically investigate every sub-market about personal development trends and its contribution to the Dry Ice market.
5. To look at possibilities in the Dry Ice market for shareholder by recognizing excessive-growth segments of the market.

Key Highlights & Touch Points of the Dry Ice Market Worldwide for the Forecast Year 2028
• Broad data on variables that will enhance the development of the Dry Ice market over the forthcoming years
• Precise assessment of the worldwide Dry Ice market size exact assessments of the forthcoming patterns and changes saw in the customer conduct
• Development of the worldwide Dry Ice market across the North and South America, Asia Pacific, EMEA, and Latin America
• Data about Dry Ice market development potential
• Top to bottom investigation of the business' serious scene and itemized data opposite on different merchants
• Outfitting of itemized data on the elements that will control the development of the Dry Ice markets

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

This release was published on openPR.