United Kingdom Carbon Dioxide Market Outlook

According to the report by Expert Market Research (EMR), the United Kingdom carbon dioxide market size attained a volume of 725.80 KMT in 2024. Aided by the increasing demand for carbon dioxide in various industrial applications and the growing emphasis on sustainable carbon capture technologies, the market is projected to grow at a CAGR of 1.50% between 2025 and 2034 to reach a volume of 842.32 KMT by 2034.

Carbon dioxide (CO2) is widely used across multiple industries, including food and beverage, healthcare, oil and gas, and manufacturing. It serves as a crucial component in carbonated beverages, refrigeration systems, medical applications, and enhanced oil recovery (EOR) processes. Additionally, with the rising concerns over greenhouse gas emissions, significant investments are being made in carbon capture, utilisation, and storage (CCUS) technologies, further propelling the demand for CO2 in the UK market.

Drivers of Growth

One of the primary factors driving the United Kingdom carbon dioxide market is the increasing consumption of CO2 in the food and beverage industry. Carbon dioxide is extensively used in carbonated drinks, food packaging, and freezing applications. The growing demand for ready-to-eat and processed food products has led to a surge in CO2 utilisation, boosting market growth.

The healthcare sector is another major contributor to the expansion of the CO2 market. Carbon dioxide is used in medical applications, including respiratory stimulation and laparoscopic surgeries. With the rising geriatric population and increasing healthcare expenditure, the demand for medical-grade CO2 is expected to rise steadily over the forecast period.

Furthermore, the implementation of CCUS technologies is playing a pivotal role in shaping the market landscape. The UK government has been actively investing in carbon capture initiatives to reduce industrial emissions and achieve its net-zero targets. The growing emphasis on sustainable practices and carbon recycling is expected to drive market expansion in the coming years.

Get a Free Sample Report with Table of Contents@ https://www.expertmarketresearch.com/reports/united-kingdom-carbon-dioxide-market/requestsample

Market Trends

A key trend in the United Kingdom carbon dioxide market is the growing adoption of sustainable CO2 production methods. Companies are increasingly focusing on capturing CO2 from industrial emissions and converting it into value-added products such as synthetic fuels and chemicals. This shift towards sustainability is expected to create new growth avenues for market players.

The rise in demand for food-grade CO2 is another significant trend. As the UK food industry expands, the need for high-purity CO2 for beverage carbonation, modified atmosphere packaging (MAP), and food freezing is increasing. This trend is further supported by stringent food safety regulations that ensure the use of high-quality CO2 in food processing.

Moreover, technological advancements in CO2 storage and transportation are enhancing supply chain efficiency. Innovations in cryogenic storage and liquefaction technologies are enabling safe and efficient transportation of CO2, reducing operational costs and increasing market penetration.

United Kingdom Carbon Dioxide Market Segmentation

The market can be divided based on source, production and End use.

• Ammonia
• Ethyl Alcohol
• Substitute Natural Gas and CCU

Breakup by Production

• Biological
• Combustion

Breakup by End Use

• Food and Beverages
• Oil and Gas
• Medical
• Metal Fabrication
• Others

Competitive Landscape

Some of the major players explored in the report by  Expert Market Research are as follows:

• Ensus UK Limited
• BioCarbonics Ltd.
• Tata Chemicals Europe Limited
• Yara International ASA
• Air Products PLC
• BOC Limited (Linde)
• Air Liquide UK Ltd
• Nippon Gases
• Progases (UK) Ltd
• Others

Challenges and Opportunities

Despite the positive market outlook, the United Kingdom carbon dioxide market faces certain challenges. Fluctuations in raw material availability and production costs can impact the supply-demand balance. Additionally, regulatory constraints related to carbon emissions and environmental impact pose challenges for market players.

However, significant opportunities exist for market expansion. The increasing investment in renewable energy sources and green hydrogen production is expected to generate demand for CO2 utilisation in power-to-gas (P2G) and synthetic fuel production. Companies that invest in carbon capture and innovative CO2 applications are likely to gain a competitive edge in the evolving market landscape.

Looking ahead, the United Kingdom carbon dioxide market is poised for steady growth, driven by advancements in carbon capture technologies, increasing industrial applications, and the growing emphasis on sustainability. Companies focusing on innovation, regulatory compliance, and strategic partnerships will be well-positioned to capitalise on emerging opportunities in the market.