Dry Ice Market Size to worth USD 2.79 Billion by 2032: Amid

From GlobeNewswire: 2025-05-22 11:04:00

The global dry ice market is set to reach USD 2.79 billion by 2032, with a CAGR of 7.6% from 2025. Sliced dry ice is expected to dominate the market, with liquid CO2 production holding a significant share. Asia Pacific leads in market revenue, driven by food & beverage and healthcare industries.

Expansion of cold chain logistics globally is fueling dry ice market growth, catering to the rising demand for temperature-sensitive goods transportation. However, limited shelf life and availability of alternatives like gel packs and liquid nitrogen may restrain market growth in the future.

Rising adoption in food and pharmaceutical industries is driving the demand for dry ice, used in packaging, transportation, and temperature-sensitive products storage. Additionally, the need for environmentally friendly cleaning methods is creating growth opportunities for dry ice companies across various industries.

On-site dry ice makers, e-commerce growth, and entertainment industry use are emerging trends boosting the dry ice market. Automation and sustainability efforts in dry ice production are also on the rise, contributing to market expansion. The demand for dry ice is expected to increase further, especially in sectors like food, pharmaceuticals, and cleaning services. Advancements in dry ice production technology are focusing on efficiency and eco-friendly methods, which could increase accessibility and lower market prices. The boom in frozen food popularity worldwide necessitates solutions like dry ice due to the perishable nature of these items. Key players in the market include Air Products and Chemicals, Inc., Linde plc, and more.

In recent developments, ASCO Carbon Dioxide Ltd launched the new EVO-Series for Dry Ice Pelletizers, Montech deployed advanced conveyor systems for automated production, and Welding & Gas Inc. expanded its footprint by acquiring a dry ice supplier. Market segmentation includes types like slices, pellets, blocks, and others, with different production methods and applications specified.

For more detailed insights, interested parties can purchase the premium business research report available for fast delivery. The market is segmented by type, production method, application, and region, covering North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. Stay updated with the latest news and follow Coherent Market Insights on social media for more information. 1. The stock market reached a record high today, with the S&P 500 closing at 3,500 points for the first time ever. This milestone comes as investors remain optimistic about the economy’s recovery from the impact of the pandemic.

2. A new study shows that wearing a mask can greatly reduce the spread of COVID-19. Researchers found that wearing a mask can reduce the risk of transmission by up to 70%, highlighting the importance of mask-wearing in controlling the spread of the virus.

3. Unemployment rates have dropped to 8.4% in the latest report, signaling some improvement in the job market. Despite the decrease from previous months, millions of Americans remain unemployed, underscoring the ongoing challenges facing the economy.



Read more at GlobeNewswire: Dry Ice Market Size to worth USD 2.79 Billion by 2032: Amid