The publisher's goal in conducting this study was to analyze the market’s prevailing trends, CO2 shortage crisis, end-user impact and demand-supply gap situation. More precisely, the study entails four objectives:
- To understand the overall CO2 market dynamics.
- To analyze the series of events from recent years which caused CO2 shortage.
- To determine and analyze factors affecting the gap between demand and supply, primarily in Europe and the U.S.
- To assess the overall impact of the COVID-19 pandemic on market demand.
Report Includes
- A detailed qualitative analysis of the CO2 shortage in the end user industry.
- Information on key trends, demand-supply gas which are impacting the market growth and a list of recommendations to tackle the issue.
- Insight into the impact of COVID-19 on the CO2 shortage and the supply-demand gap analysis2
Table of Contents
Executive Summary
Carbon dioxide, or CO2, is a colorless, odorless and slightly toxic gas that has a pungent and acidic taste. Although it is found in small quantities in the composition of air (nearly 0.040%), it is vital for plants, which aid in eliminating it from the air through photosynthesis. CO2 concentration in the air has been growing steadily annually for the last 70 years. Currently, it is approximately 2.5 ppm annually. Some general properties of CO2 are listed in the table.