Market Forecast By Source (Hydrogen, Ethyl Alcohol, Ethylene Oxide, Substitute Natural Gas, Others), By Application (Food & Beverages, Oil & Gas, Medical, Rubber, Fire Fighting, Others) And Competitive Landscape
Product Code: ETC083327 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Indonesia Carbon Dioxide Market is poised for steady growth rate improvements from 2025 to 2029. The growth rate starts at 8.40% in 2025 and reaches 11.73% by 2029.
By 2027, the Carbon Dioxide market in Indonesia is anticipated to reach a growth rate of 9.83%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
The Indonesia carbon dioxide market was valued at over USD 6.4 million in 2025 and is expected to expand at a CAGR of 7% during the forecast. Growing demand for carbon dioxide as an essential feedstock in the food & beverage industry, the rising trend of using greenhouses for the cultivation of fruits and vegetables, growth in the F&B sector, and increasing penetration of packaged food products across the country are some factors driving the market growth. In addition, increased government spending on R&D activities related to CO2 utilization will further drive Indonesia’s CO2 market during the forecast period.
• Growing demand for carbon dioxide as an essential feedstock in the food & beverage industry
• Rising trend of using greenhouses for the cultivation of fruits and vegetables
• Growth in the F&B sector
• Increasing penetration of packaged food products across the country
• High cost associated with extraction technology
1. Increased government spending on R&D activities related to CO2 utilization 2. Increasing use of clean energy sources such as solar power by commercial enterprises
The impact brought about by Covid-19 has been seen positively on this particular segment due to its growing usage as a reactant medium or cooling agent by manufacturers involved with producing medical equipment necessary for fighting Covid-19 pandemic such as ventilators. This has resulted in higher supply chain efficiency leading to expansion within this segment while allowing it remain unaffected even during crisis times like these.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Indonesia Carbon Dioxide Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Carbon Dioxide Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Carbon Dioxide Market - Industry Life Cycle |
3.4 Indonesia Carbon Dioxide Market - Porter's Five Forces |
3.5 Indonesia Carbon Dioxide Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Indonesia Carbon Dioxide Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Indonesia Carbon Dioxide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrial activities in Indonesia leading to higher demand for carbon dioxide |
4.2.2 Favorable government regulations promoting the use of carbon dioxide in various industries |
4.2.3 Growing awareness about the benefits of carbon dioxide in sectors like food and beverage, healthcare, and agriculture |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of carbon dioxide |
4.3.2 Environmental concerns leading to potential regulations on carbon emissions |
4.3.3 Competition from alternative products or technologies that can substitute carbon dioxide in certain applications |
5 Indonesia Carbon Dioxide Market Trends |
6 Indonesia Carbon Dioxide Market, By Types |
6.1 Indonesia Carbon Dioxide Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Carbon Dioxide Market Revenues & Volume, By Source, 2021-2031F |
6.1.3 Indonesia Carbon Dioxide Market Revenues & Volume, By Hydrogen, 2021-2031F |
6.1.4 Indonesia Carbon Dioxide Market Revenues & Volume, By Ethyl Alcohol, 2021-2031F |
6.1.5 Indonesia Carbon Dioxide Market Revenues & Volume, By Ethylene Oxide, 2021-2031F |
6.1.6 Indonesia Carbon Dioxide Market Revenues & Volume, By Substitute Natural Gas, 2021-2031F |
6.1.7 Indonesia Carbon Dioxide Market Revenues & Volume, By Others, 2021-2031F |
6.2 Indonesia Carbon Dioxide Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Carbon Dioxide Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.2.3 Indonesia Carbon Dioxide Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.2.4 Indonesia Carbon Dioxide Market Revenues & Volume, By Medical, 2021-2031F |
6.2.5 Indonesia Carbon Dioxide Market Revenues & Volume, By Rubber, 2021-2031F |
6.2.6 Indonesia Carbon Dioxide Market Revenues & Volume, By Fire Fighting, 2021-2031F |
6.2.7 Indonesia Carbon Dioxide Market Revenues & Volume, By Others, 2021-2031F |
7 Indonesia Carbon Dioxide Market Import-Export Trade Statistics |
7.1 Indonesia Carbon Dioxide Market Export to Major Countries |
7.2 Indonesia Carbon Dioxide Market Imports from Major Countries |
8 Indonesia Carbon Dioxide Market Key Performance Indicators |
8.1 Carbon capture and utilization rate |
8.2 Adoption rate of carbon dioxide in key industries |
8.3 Investment in research and development for carbon capture technologies |
8.4 Carbon footprint reduction initiatives in industries |
8.5 Growth in demand for carbon dioxide in emerging applications such as greenhouses or wastewater treatment. |
9 Indonesia Carbon Dioxide Market - Opportunity Assessment |
9.1 Indonesia Carbon Dioxide Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Indonesia Carbon Dioxide Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Indonesia Carbon Dioxide Market - Competitive Landscape |
10.1 Indonesia Carbon Dioxide Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Carbon Dioxide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |