Japan Industrial Grade Dry Ice Market was valued at USD 0.85 Billion in 2022 and is projected to reach USD 1.18 Billion by 2030, growing at a CAGR of 4.3% from 2024 to 2030.
The Industrial Grade Dry Ice Market is experiencing substantial growth as various industries rely on dry ice for diverse applications. Dry ice, which is solid carbon dioxide, is used in numerous industries due to its unique properties, such as being colorless, odorless, and non-toxic. The growing demand for temperature-sensitive products in sectors like food, pharmaceuticals, and logistics has propelled the market’s expansion. Industrial-grade dry ice plays a vital role in maintaining cold chains, particularly in perishable goods, while also being an essential tool for various industrial processes, including cleaning and metalworking.
The demand for industrial-grade dry ice is increasing as industries seek solutions to manage temperature-sensitive shipments. For example, in the pharmaceutical sector, the need to preserve drugs and vaccines during transport has significantly contributed to the demand for dry ice. The logistics industry, too, depends on dry ice to keep products like meat, seafood, and dairy fresh during transit. Notably, the healthcare sector’s reliance on cold storage for vaccines and biologics, especially in recent times, has accelerated the use of industrial-grade dry ice.
Industries in the automotive, electronics, and manufacturing sectors also demand dry ice for specific processes. Dry ice blasting, an innovative cleaning method, uses solid carbon dioxide pellets to clean machinery and surfaces without causing damage. This process is widely used in the automotive and electronics industries for its ability to remove contaminants from sensitive components efficiently.
The versatility of industrial-grade dry ice has driven innovations in its use. For example, in the food industry, dry ice helps maintain freshness in frozen foods, and it is increasingly used in the production of ice cream, as it accelerates freezing times. Additionally, dry ice is employed in special effects for movies, creating fog effects for stage performances and film shoots, further showcasing its wide applicability.
The growth of the Industrial Grade Dry Ice Market is fueled by the increasing need for efficient and cost-effective temperature management solutions. As industries continue to prioritize product integrity and operational efficiency, the market’s expansion seems poised for sustained growth, driven by evolving industry needs and technological advancements.
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Linde
Air Liquide
Taiyo Nippon Acid
Iwatani
Messer Group
Lanzhou Yulong Gas
Polar Ice
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Japan Industrial Grade Dry Ice Market
Pellets
Blocks
Slabs
Food and Beverage Preservation
Industrial Cleaning
Cold Chain Transportation
Medical and Pharmaceutical Use
Carbonation and Beverage Production
Food & Beverage Industry
Healthcare Sector
Aerospace and Automotive
Pharmaceutical Industry
Chemicals and Petrochemicals
Carbon Dioxide Gas Transformation
Liquid Carbon Dioxide Expansion
Dry Ice Pelleting
Direct Sales
Distributors and Wholesalers
Online Retailers
Retail Stores
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the Japan Industrial Grade Dry Ice Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Japan Industrial Grade Dry Ice Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Japan Industrial Grade Dry Ice Market, By Type
6. Japan Industrial Grade Dry Ice Market, By Application
7. Japan Industrial Grade Dry Ice Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. Japan Industrial Grade Dry Ice Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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