Market Forecast by Countries (Brazil, Mexico, Argentina, Rest of Latin America), 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: ETC079533 | Publication Date: Aug 2021 | Updated Date: Mar 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Latin America Carbon Dioxide Market |
Forecast period | 2025-2031 |
Market Size | USD 1,738.1 million by 2031 |
CAGR | 8.5% |
Growing Sector | Food & Beverages Industry |
Latin America Carbon Dioxide Market report thoroughly covers the By countries, By Source and By Applications. The market 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.
The Latin America Carbon Dioxide Market was valued at USD 1,087.2 million , and is expected to reach USD 1,738.1 million by, growing at a CAGR of around 8.5% from 2025 to 2031. The Latin America carbon dioxide market is fuelled by rising demand across food and beverage, healthcare, and industrial sectors. Key drivers include growing usage in carbonated beverages, medical applications like cryotherapy, and enhanced oil recovery techniques. Increasing industrialization and advancements in CO₂ capture technologies also contribute to market expansion
The Latin America Carbon Credit Market is primarily driven by the increasing regulatory pressures and ambitious climate goals set by governments throughout the region. These targets, aimed at reducing greenhouse gas emissions and enhancing sustainability practices, have led to a robust interest in carbon credits as a means of compliance and environmental responsibility. Innovative projects in renewable energy are leading the charge in carbon credit generation, while collaborations between Latin American countries are fostering a more integrated approach to carbon trading. The market also faces challenges such as regulatory inconsistencies across different countries, which can complicate trading and limit cross-border collaboration.
According to 6Wresearch, Latin America Carbon Dioxide Market size is projected to rise at a CAGR of 8.5% during 2025-2031. This growth is attributed to a variety of trends and opportunities that are shaping the market landscape. One notable trend is the increasing regulatory support from governments aiming to meet international climate obligations. This regulatory environment is encouraging investment in carbon-reducing technologies and renewable energy projects. The integration of innovative technologies, such as artificial intelligence and blockchain, is facilitating better emissions tracking and enhancing transparency within the market.Companies are increasingly looking to participate in carbon credit trading as a viable path to bolster their environmental initiatives and satisfy consumer demand for corporate responsibility.
As countries in Latin America strengthen their commitments to global climate agreements, the carbon dioxide market is expected to not only grow economically but also play an essential role in the transition toward a sustainable, low-carbon economy. This trend reflects a broader shift in societal expectations and regulatory frameworks conducive to environmental preservation and sustainable growth, leading towards Latin America Carbon Dioxide Market Growth.
The Latin America Carbon Dioxide Market features a mix of established players and emerging companies dedicated to sustainability and carbon management. Key players include both regional leaders and multinational corporations, such as Enel, which is at the forefront of renewable energy investment, and Schneider Electric, known for its innovative solutions in energy management and efficiency.
Government regulations play a pivotal role in shaping the Latin America Carbon Dioxide Market, as countries formulate policies aimed at mitigating climate change and promoting sustainable practices. A growing number of Latin American nations are establishing climate action frameworks that align with international agreements, such as the Paris Agreement, thereby creating stringent emissions reduction targets. These regulations often include carbon pricing mechanisms, cap-and-trade systems, and mandatory reporting of greenhouse gas emissions, encouraging businesses to adopt cleaner technologies and practices.
The future of the Latin America Carbon Dioxide Market is poised for significant transformation as nations intensify their efforts to combat climate change. With an increasing emphasis on sustainability and a shift towards a low-carbon economy, it is expected that investments in carbon management technologies will rise sharply. The integration of advanced technologies such as machine learning and data analytics will enhance decision-making processes and improve emissions management, enabling more effective monitoring and reporting.
According to Dhaval, Research Manager, 6Wresearch, Brazil stands out as a country in the Latin America Carbon Dioxide Market due to its vast natural resources and significant agricultural sector. As the largest country in the region, Brazil is actively implementing policies aimed at reducing carbon emissions through reforestation initiatives, which not only enhance carbon credit generation but also preserve biodiversity.
The Food & Beverages sector is becoming increasingly significant in the Latin America Carbon Dioxide Market due to the growing demand for sustainable production practices. Carbon dioxide is primarily utilized in the food and beverage industry for carbonation processes, including in soft drinks and alcoholic beverages, as well as for preserving food during transportation and storage. With increasing consumption of beverages, the use of Carbon Dioxide will also increase leading to expansion of Latin America Carbon Dioxide Market Revenue.
This market report provides a detailed analysis of the following market segments:
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 Latin America Carbon Dioxide Market Overview |
3.1 Latin America Regional Macro Economic Indicators |
3.2 Latin America Carbon Dioxide Market Revenues & Volume, 2021 & 2031F |
3.3 Latin America Carbon Dioxide Market - Industry Life Cycle |
3.4 Latin America Carbon Dioxide Market - Porter's Five Forces |
3.5 Latin America Carbon Dioxide Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 Latin America Carbon Dioxide Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Latin America Carbon Dioxide Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Latin America Carbon Dioxide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latin America Carbon Dioxide Market Trends |
6 Latin America Carbon Dioxide Market, 2021 - 2031 |
6.1 Latin America Carbon Dioxide Market, Revenues & Volume, By Source, 2021 - 2031 |
6.2 Latin America Carbon Dioxide Market, Revenues & Volume, By Application, 2021 - 2031 |
7 Brazil Carbon Dioxide Market, 2021 - 2031 |
7.1 Brazil Carbon Dioxide Market, Revenues & Volume, By Source, 2021 - 2031 |
7.2 Brazil Carbon Dioxide Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Mexico Carbon Dioxide Market, 2021 - 2031 |
8.1 Mexico Carbon Dioxide Market, Revenues & Volume, By Source, 2021 - 2031 |
8.2 Mexico Carbon Dioxide Market, Revenues & Volume, By Application, 2021 - 2031 |
9 Argentina Carbon Dioxide Market, 2021 - 2031 |
9.1 Argentina Carbon Dioxide Market, Revenues & Volume, By Source, 2021 - 2031 |
9.2 Argentina Carbon Dioxide Market, Revenues & Volume, By Application, 2021 - 2031 |
10 Rest of Latin America Carbon Dioxide Market, 2021 - 2031 |
10.1 Rest of Latin America Carbon Dioxide Market, Revenues & Volume, By Source, 2021 - 2031 |
10.2 Rest of Latin America Carbon Dioxide Market, Revenues & Volume, By Application, 2021 - 2031 |
11 Latin America Carbon Dioxide Market Key Performance Indicators |
12 Latin America Carbon Dioxide Market - Opportunity Assessment |
12.1 Latin America Carbon Dioxide Market Opportunity Assessment, By Countries, 2021 & 2031F |
12.2 Latin America Carbon Dioxide Market Opportunity Assessment, By Source, 2021 & 2031F |
12.3 Latin America Carbon Dioxide Market Opportunity Assessment, By Application, 2021 & 2031F |
13 Latin America Carbon Dioxide Market - Competitive Landscape |
13.1 Latin America Carbon Dioxide Market Revenue Share, By Companies, 2024 |
13.2 Latin America Carbon Dioxide Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |