Industry Analysis & Industry Trends
IBISWorld projects a turnaround for the Carbon Dioxide Production industry over the five years to 2017, supported by mounting activity in downstream industries. With more money to spend on food and drinks, consumers will spur downstream demand from the respective manufacturers. Construction will also climb out of its recessionary slump, albeit slowly, to prop up industry revenue growth. Reduced reliance on US oil may sever some revenue streams for the industry, though; similarly, shifting consumer preferences away from carbonated soft drinks may also limit industry revenue growth over the period.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Carbon Dioxide Production industry is in a mature life cycle stage. Its contribution to the US economy, measured by industry value added (IVA), is growing at a rate slower than that of GDP. Over the 10 years to 2017, IVA is projected to grow at an average annual rate of 0.6%, while US GDP is anticipated to grow at an annualized rate of 1.8%. Due to a combination of waning demand for the industry's output and the rising price of electricity, IVA suffered a sharp decline in 2009, bringing down the 10-year average.
The industry's market segmentation has not changed much over the past five years, which is another hallmark of a mature industry... purchase to read more