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 - Starting a New Business Chapter
The Carbon Dioxide Production industry has high barriers to entry. Although no legislation prevents prospective firms from entering this industry, high market share concentration and capital costs make it difficult to establish new carbon dioxide production businesses.
New entrants need to purchase carbon dioxide processing machinery and equipment, contributing to high start-up capital costs. Additionally, firms need to construct carbon dioxide transportation pipelines, purchase tankers and trucks and establish a distribution network. During the recession, the financial crisis and stagnant economic growth made it more difficult to obtain financing. As a result, barriers to entry increased... purchase to read more