Dry Ice-making Equipment Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.5 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
The dry ice-making equipment market has shown substantial growth due to its versatile applications across various industries. Dry ice, or solid carbon dioxide, plays an essential role in industries ranging from medical and biotechnology to food and beverage. The market for dry ice-making equipment by application has been categorized into several key segments, each driving demand for specialized machinery. The major applications driving the growth of the dry ice-making equipment market are Medical & Biotechnology, Food & Beverage, Automotive Industry, Industrial Manufacturing, and others. These sectors are increasingly utilizing dry ice for cooling, transportation, and preservation. This report provides a detailed analysis of each segment to give a clear understanding of the demand, market size, and trends in the dry ice-making equipment sector.
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The Medical & Biotechnology industry is one of the leading applications of dry ice-making equipment. In this sector, dry ice is primarily used for the transportation of biological samples, vaccines, and pharmaceuticals. The need for efficient and secure transportation of temperature-sensitive materials has increased the demand for dry ice in the medical and biotechnology fields. Dry ice provides an ideal solution for maintaining the required low temperatures during transportation, ensuring that the integrity of the products is preserved. As the healthcare industry continues to expand globally, the demand for dry ice-making equipment used in this application is expected to rise significantly.Additionally, the use of dry ice in laboratory research is another critical area within the Medical & Biotechnology sector. Dry ice is used in cryogenic preservation to store biological samples such as tissue cultures, proteins, and enzymes. Its ability to maintain ultra-low temperatures without the need for electricity makes it an invaluable tool for researchers and healthcare providers. The growing focus on biopharmaceuticals and the rise in medical research initiatives are driving demand for advanced dry ice-making equipment designed to cater to the specific needs of this industry.
The Food & Beverage industry is another key segment driving the demand for dry ice-making equipment. Dry ice is commonly used for refrigeration and cooling during food transportation, especially for perishable items. The rise in global trade of frozen foods, fruits, seafood, and ready-to-eat meals has further increased the need for reliable and efficient cooling solutions. Dry ice helps to extend the shelf life of food products while maintaining their quality and freshness. As the demand for frozen and chilled foods continues to grow, so does the need for dry ice-making equipment in this sector.In addition to food transportation, dry ice is also used in food processing and preparation. It is used for quick freezing of food items to lock in flavors and nutrients while preventing bacterial growth. Dry ice is also utilized in various food decoration techniques and culinary displays. As consumer preferences for fresh, frozen, and high-quality food products continue to evolve, the demand for dry ice-making equipment in the Food & Beverage industry is expected to remain strong, with continued technological advancements improving efficiency and performance.
The Automotive Industry has found several applications for dry ice, particularly in the cleaning of automotive parts. Dry ice blasting is an eco-friendly and efficient cleaning method used to remove dirt, grease, oil, and other contaminants from vehicle components. Unlike traditional cleaning methods, dry ice blasting does not generate waste or require the use of harsh chemicals, making it an attractive option for automakers. The need for precision and cleanliness in the manufacturing process of automotive parts, combined with the increasing focus on sustainability, is expected to fuel the demand for dry ice-making equipment in this sector.Moreover, dry ice is used in the automotive industry for temperature regulation in the transportation of sensitive parts and components. For instance, some automotive parts, such as batteries and electronics, require specific temperature conditions during shipment to prevent damage. Dry ice provides an effective solution for maintaining those conditions during transit. As the automotive sector continues to evolve with the increasing use of electric vehicles (EVs) and the need for advanced manufacturing processes, the demand for dry ice-making equipment is likely to rise in parallel.
In the Industrial Manufacturing sector, dry ice is used in a variety of applications, including cleaning, cooling, and temperature control. One of the primary uses of dry ice in this sector is in the cleaning of heavy machinery, production lines, and industrial equipment. Dry ice blasting has become a preferred cleaning method because it is non-abrasive, does not produce secondary waste, and is highly effective in removing stubborn contaminants. The industrial manufacturing sector’s need for regular cleaning of equipment to maintain operational efficiency is a significant driver of the dry ice-making equipment market.Furthermore, dry ice plays a role in maintaining the required temperatures during the manufacturing and processing of certain materials. Some industrial processes, such as plastic molding and metal treatment, rely on precise temperature control, which can be achieved using dry ice. As manufacturing industries continue to grow and require more advanced solutions for production efficiency, the demand for dry ice-making equipment in this segment is expected to increase, driven by the need for innovative, safe, and cost-effective cooling and cleaning solutions.
Other sectors that use dry ice include entertainment, research, logistics, and environmental control. In the entertainment industry, dry ice is used in special effects for creating fog or smoke effects during theatrical performances, concerts, and film production. The ability of dry ice to sublimate at room temperature makes it ideal for such applications, providing a safe and visually impressive effect. In research and logistics, dry ice plays an essential role in the preservation and transportation of temperature-sensitive materials, similar to its role in the medical and biotechnology sectors.In environmental control, dry ice is used for controlling humidity levels in certain manufacturing processes and for climate control in refrigerated transportation. Additionally, dry ice is used in pest control by creating low temperatures to reduce the population of pests. The diverse range of uses across multiple industries means that the "Others" category for dry ice-making equipment continues to experience steady demand. As new applications for dry ice are discovered and technology continues to improve, this segment is expected to see further expansion.
The dry ice-making equipment market is experiencing several key trends that are shaping its growth. One of the most significant trends is the increasing emphasis on sustainability and eco-friendly practices. Dry ice, being non-toxic and environmentally friendly, is gaining popularity as a preferred cooling agent across industries that are looking to reduce their carbon footprint. This trend is particularly evident in the Food & Beverage and Automotive Industries, where companies are seeking more sustainable alternatives to traditional cooling methods that involve harmful chemicals or excessive energy consumption.Another trend driving the market is the rise of automation and smart technologies in dry ice production. Manufacturers are investing in advanced dry ice-making equipment that offers higher efficiency, greater control, and minimal human intervention. Automation ensures that the dry ice production process is streamlined, reducing labor costs and improving the scalability of operations. The incorporation of smart features, such as real-time monitoring and predictive maintenance, is also becoming a common feature in new dry ice-making equipment. These technological advancements are expected to enhance the overall market growth and contribute to more cost-effective and efficient dry ice production.
There are several opportunities in the dry ice-making equipment market, particularly in emerging regions and industries. As the demand for food transportation and storage grows, especially in developing countries with expanding urban populations, the need for dry ice-making equipment will increase. Additionally, the medical and biotechnology sectors in emerging economies are experiencing rapid growth, presenting opportunities for equipment manufacturers to enter new markets and expand their presence globally.The increasing focus on temperature-sensitive goods, including pharmaceuticals, biologics, and perishable food items, presents a significant opportunity for dry ice-making equipment manufacturers. As more industries recognize the importance of temperature control during transportation and storage, the market for dry ice is likely to grow further. Furthermore, the trend toward using dry ice in industrial cleaning processes offers opportunities for new applications and market expansion. Manufacturers that can offer advanced, energy-efficient, and eco-friendly equipment will have a competitive advantage in this growing market.
1. What is dry ice used for in the food industry?
Dry ice is used in the food industry for cooling, refrigeration, and transportation of perishable goods to maintain freshness and extend shelf life.
2. How does dry ice help in the medical sector?
Dry ice is essential for the transportation of temperature-sensitive pharmaceuticals and biological samples, ensuring their preservation during transit.
3. What is dry ice blasting used for in the automotive industry?
Dry ice blasting is a cleaning method used to remove dirt, grease, and contaminants from automotive parts without damaging the surface.
4. Why is dry ice popular for industrial cleaning?
Dry ice cleaning is non-abrasive, leaves no residue, and is effective in removing stubborn contaminants from heavy machinery and production lines.
5. Can dry ice be used for special effects in entertainment?
Yes, dry ice is commonly used in the entertainment industry to create fog and smoke effects for theatrical performances, concerts, and film production.
6. Is dry ice environmentally friendly?
Dry ice is considered environmentally friendly because it is non-toxic, does not produce harmful chemicals, and sublimates directly into gas without leaving residue.
7. How is dry ice made?
Dry ice is made by compressing carbon dioxide gas into liquid form and then freezing it into solid form, creating snow-like ice particles that can be compressed into blocks or pellets.
8. What are the risks associated with handling dry ice?
Dry ice should be handled with care as it can cause frostbite if it comes in contact with skin and should be used in well-ventilated areas to avoid asphyxiation risks.
9. Can dry ice be used in cold chain logistics?
Yes, dry ice is commonly used in cold chain logistics for the transportation of temperature-sensitive goods like vaccines, seafood, and pharmaceuticals.
10. What industries use dry ice-making equipment?
Industries that use dry ice-making equipment include medical & biotechnology, food & beverage, automotive, industrial manufacturing, and entertainment.
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Cold Jet
ASCO Group
Karcher
Artimpex nv
CO2 Air
Inc TOMCO2 Systems
Tooice
Aquila Triventek
Lang & Yüzer Otomotiv A.S.
FREEZERCO2
ICS ice cleaning systems s.r.o.
Ziyang Sida
Wuxi Yongjie
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 Global Dry Ice-making Equipment Market
Medical & Biotechnology
Food & Beverage
Automotive Industry
Industrial Manufacturing
Others
Based on Types the Market is categorized into Below types that held the largest Dry Ice-making Equipment market share In 2023.
Less than 200kg/hr
200 to 400kg/hr
More than 400kg/hr
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
1. Introduction of the Global Dry Ice-making Equipment 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. Global Dry Ice-making Equipment Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Dry Ice-making Equipment Market, By Type
6. Global Dry Ice-making Equipment Market, By Application
7. Global Dry Ice-making Equipment Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Dry Ice-making Equipment Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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