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 Analysis Chapter
Operators in the Carbon Dioxide Production industry make and sell solid and compressed gas forms of the compound. While most of the carbon dioxide found in the world today is generated by burning fossil fuels (e.g. factories and automobiles), about 20.0% of it is produced under supervised conditions for use in a range of applications, from consumer goods to refrigeration.
Various downstream industries rely on carbon dioxide as an input or aid for other products. Consequently, industry participants are sensitive to levels in downstream demand from the oil drilling sector, chemical wholesalers and food and beverage manufacturers. In 2009, during the height of the recession, demand from all three major markets declined as manufacturing activity in the United States slowed... purchase to read more