Industry Analysis & Industry Trends
From 2009 to 2014, demand from markets vital to the Carbon Dioxide Production industry fizzled because of increased health concerns and shifting consumer preferences. Consequently, industry revenue is expected to decline marginally in the five years to 2014. IBISWorld projects a slight turnaround for the Carbon Dioxide Production industry over the five years to 2019, supported by an anticipated expansion in industrial production, rising demand from medical markets due to a progressively aging US population and increased domestic oil drilling activity propelled by persistently high global crude prices. However, a continuation of shifting consumer preferences away from carbonated soft drinks and frozen fruits and vegetables will temper industry expansion during this period.... purchase to read more
Industry Report - Industry Locations Chapter
Industry establishments closely mirror the distribution of the Oxygen and Hydrogen Gas Manufacturing Industry (IBISWorld report 32512). This is because a preponderance of industrial gas manufacturers produce both oxygen and hydrogen and other gases like carbon dioxide. Additionally, industrial gases can often be jointly produced. For instance, some carbon dioxide is produced when air is separated into oxygen and nitrogen.
Establishments are also located close to downstream customers, as long-distance carbon dioxide transportation is costly. As a result, the Southeast, Southwest and Great Lakes contain the bulk of industry establishments. The Southeast has an estimated 27.7% of all establishments, compared with 25.4% of the country's population... purchase to read more