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 Products Chapter
Carbon dioxide exists in three states of matter: solid, liquid and gas. Gas and solid carbon dioxide are commonly used in various industrial and commercial applications, while liquid carbon dioxide only has niche uses.
Carbon dioxide gas
Carbon dioxide gas is most commonly used to carbonate various beverages, such as soda, soda water, sparkling wine and beer. Carbon dioxide is also a commonly used as compressed gas in pressurized tools and can also be used in welding equipment, bicycle tire pumps, air guns and life jackets. The compound is also injected into oil wells to increase the rate of oil extraction... purchase to read more