Africa Carbon Dioxide Market (2025-2031) | Outlook, Trends, Companies, Share, Revenue, Forecast, Growth, Analysis, Size, Value & Industry

Africa Carbon Dioxide Market Highlights

Topics Covered in the Africa Carbon Dioxide Market Report

Africa Carbon Dioxide Market report thoroughly covers the market By Countries, By Source, and By Application. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Africa Carbon Dioxide Market Size Analysis

Africa Carbon Dioxide Market was valued at USD 5 billion and is expected to reach USD 6.7 billion, growing at a CAGR of around 5.3 % from 2025 to 2031. This growth is driven by the increasing demand for carbon dioxide across various industries, including food and beverage, healthcare, and manufacturing. Carbon dioxide is widely used in beverage carbonation, refrigeration, and as a fire suppression agent, all of which are experiencing heightened demand in Africa due to urbanization and industrial growth. Additionally, the rise of environmentally conscious practices and the need for sustainable solutions in energy and manufacturing sectors contribute to the market's expansion. With growing investments in infrastructure and industrial processes across the continent, the Africa Carbon Dioxide Market is poised for steady growth, offering opportunities for both local and global players in the coming years.

Africa Carbon Dioxide Market Synopsis

Africa Carbon Dioxide Market is experiencing rapid expansion and transformation, driven by a growing awareness of climate change issues and the increasing demand for sustainable and environmentally friendly solutions across various industries. With countries like South Africa, Nigeria, and Kenya at the forefront, the continent is witnessing significant investments in carbon capture and storage (CCS) technologies, aimed at reducing greenhouse gas emissions. Additionally, the burgeoning food and beverage industry in Africa presents a sizable market for CO2 utilization, where it is employed in carbonation and preservation processes.

According to 6Wresearch, the Africa Carbon Dioxide Market size is expected to grow, reaching at a CAGR of 5.3% during the forecast period of 2025-2031. The market is witnessing significant growth, driven by the expanding beverage sector and increased use of CO2 for enhanced oil recovery processes. An emerging trend in the market is the innovative use of carbon dioxide in agricultural practices and controlled environment horticulture, showcasing a shift towards sustainability and efficiency. However, the Africa Carbon Dioxide Market Growth is hampered due to stringent environmental regulations aimed at reducing greenhouse gas emissions and the technological challenges associated with carbon capture and storage (CCS) processes. Despite these restraints, there are burgeoning opportunities, especially in the development of technology for sustainable and efficient CO2 utilization that contributes to the circular economy.

Government policies and schemes introduced in the Africa Carbon Dioxide Market  

In recent years, the government have launched various policies and schemes to regulate and reduce carbon dioxide emissions. These measures include the establishment of carbon tax frameworks, incentives for renewable energy investments, and partnerships for forest conservation. Countries like South Africa have led the charge with their carbon tax policy, aiming to lower greenhouse gas emissions in line with global commitments. Additionally, regional collaborations have been formed to share resources and knowledge in tackling climate change, underscoring a collective commitment to sustainability.

Key Players in the Africa Carbon Dioxide Market

The Africa Carbon Dioxide Industry is characterized by the presence of both multinational and regional companies, contributing significantly to the economic landscape. Prominent players include Afrox, BOC Gases, Air Liquide, and Sasol, among others. These companies play a crucial role in the supply and distribution of carbon dioxide across various industries, including beverages, oil and gas, and agriculture.

Future Insights of the Africa Carbon Dioxide Market

The Africa Carbon Dioxide Market has been attaining significant transformations, driven by increasing industrialization and the rising focus on sustainable practices. The implementation of carbon capture and utilization (CCU) technologies is anticipated to be a game-changer, offering new avenues for CO2 use in enhancing agricultural yields, industrial efficiency, and even in the production of renewable fuels. The Africa Carbon Dioxide Market Growth will also be influenced by governmental policies aimed at reducing carbon footprints and bolstering green initiatives.

Market by Source

According to Shubham, Senior Research Analyst, 6Wresearch, the Ethylene Oxide segment is witnessing growth due to its extensive use in the production of consumer goods such as detergents, thickeners, and solvents, which are in high demand.

Market by Application

By Application, the medical sector dominates the Africa Carbon Dioxide Market Share during the forecast period. This trend is driven by the vital role of carbon dioxide in various medical procedures, including minimally invasive surgeries, as well as its widespread use in the sterilization of medical instruments and consumables.

Key attractiveness of the report

• 10 Years Market Numbers.
• Historical Data Starting from 2021 to 2024.
• Base Year 2024.
• Forecast Data until 2031.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Africa Carbon Dioxide Market Outlook
• Market Size of Africa Carbon Dioxide Market, 2024
• Forecast of Africa Carbon Dioxide Market, 2031
• Historical Data and Forecast of Africa Carbon Dioxide Revenues & Volume for the Period 2021 - 2031
• Africa Carbon Dioxide Market Trend Evolution
• Africa Carbon Dioxide Market Drivers and Challenges
• Africa Carbon Dioxide Price Trends
• Africa Carbon Dioxide Porter's Five Forces
• Africa Carbon Dioxide Industry Life Cycle
• Historical Data and Forecast of Africa Carbon Dioxide Market Revenues & Volume By Countries for the Period 2021 - 2031
• Historical Data and Forecast of Africa Carbon Dioxide Market Revenues & Volume By South Africa for the Period 2021 - 2031
• Historical Data and Forecast of Africa Carbon Dioxide Market Revenues & Volume By Nigeria for the Period 2021 – 2031
• Historical Data and Forecast of Africa Carbon Dioxide Market Revenues & Volume By Kenya for the Period 2021 - 2031
• Historical Data and Forecast of Africa Carbon Dioxide Market Revenues & Volume By Rest of Africa for the Period 2021 – 2031
• Historical Data and Forecast of Africa Carbon Dioxide Market Revenues & Volume By Source for the Period 2021 - 2031
• Historical Data and Forecast of Africa Carbon Dioxide Market Revenues & Volume By Hydrogen for the Period 2021 – 2031
• Historical Data and Forecast of Africa Carbon Dioxide Market Revenues & Volume By Ethyl Alcohol for the Period 2021 – 2031
• Historical Data and Forecast of Africa Carbon Dioxide Market Revenues & Volume By Ethylene Oxide for the Period 2021 – 2031
• Historical Data and Forecast of Africa Carbon Dioxide Market Revenues & Volume By Substitute Natural Gas for the Period 2021 – 2031
• Historical Data and Forecast of Africa Carbon Dioxide Market Revenues & Volume By Others for the Period 2021 – 2031
• Historical Data and Forecast of Africa Carbon Dioxide Market Revenues & Volume By Application for the Period 2021 – 2031
• Historical Data and Forecast of Africa Carbon Dioxide Market Revenues & Volume By Food & Beverages for the Period 2021 – 2031
• Historical Data and Forecast of Africa Carbon Dioxide Market Revenues & Volume By Oil & Gas for the Period 2021 – 2031
• Historical Data and Forecast of Africa Carbon Dioxide Market Revenues & Volume By Medical for the Period 2021 – 2031
• Historical Data and Forecast of Africa Carbon Dioxide Market Revenues & Volume By Rubber for the Period 2021 – 2031
• Historical Data and Forecast of Africa Carbon Dioxide Market Revenues & Volume By Fire Fighting for the Period 2021 - 2031
• Historical Data and Forecast of Africa Carbon Dioxide Market Revenues & Volume By Others for the Period 2021 - 2031
• Africa Carbon Dioxide Import Export Trade Statistics
• Market Opportunity Assessment By Source
• Market Opportunity Assessment By Application
• Market Opportunity Assessment By Countries
• Africa Carbon Dioxide Top Companies Market Share
• Africa Carbon Dioxide Competitive Benchmarking By Technical and Operational Parameters
• Africa Carbon Dioxide Company Profiles
• Africa Carbon Dioxide Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the following market segments:

By Countries

• South Africa
• Nigeria
• Kenya
• Rest of Africa

By Source

• Hydrogen
• Ethyl Alcohol
• Ethylene Oxide
• Substitute Natural Gas
• Others

By Application

• Food & Beverages
• Oil & Gas
• Medical
• Rubber
• Fire Fighting
• Others