Product Code: ETC083324 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Thailand Carbon Dioxide Market is likely to experience consistent growth rate gains over the period 2025 to 2029. Commencing at 3.53% in 2025, growth builds up to 16.67% by 2029.
By 2027, the Carbon Dioxide market in Thailand is anticipated to reach a growth rate of 6.35%, 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 market for carbon dioxide in Thailand is estimated to be worth around $450 million, with an annual growth rate of 5.2 percent over the forecast period. The sector has experienced steady growth over the past few years and is expected to remain strong in the future. Most of the demand comes from food and beverage processing industries, which account for approximately 70 percent of total consumption. Other major users include medical facilities (10%), fertilizer manufacturing (5%) and water treatment plants (3%).
The Thailand carbon dioxide market is primarily driven by food and beverage manufacturing, medical applications, and environmental concerns. Carbon dioxide`s role in carbonation of beverages and as a chemical and medical agent fuels its demand. Additionally, growing awareness of carbon footprint influences the adoption of carbon dioxide capture and utilization technologies.
In the Thailand carbon dioxide market, challenges include balancing the demand for carbon dioxide from various industries while addressing environmental concerns related to greenhouse gas emissions. Efficient carbon capture and storage technologies, along with sustainable sourcing, are key challenges to maintain a balance between industrial needs and environmental responsibility.
The Thailand carbon dioxide market faced challenges due to disruptions in manufacturing processes and reduced demand from industries such as beverages, food processing, and welding. With restrictions on gatherings affecting events and hospitality, demand for carbonated beverages decreased. The market`s recovery is linked to the revival of industries and social activities.
Prominent names in the Thailand carbon dioxide market include Linde plc, Air Products and Chemicals, Inc., and Air Liquide S.A. These industry leaders provide carbon dioxide for applications like food and beverage processing, medical gases, and industrial uses. Their extensive distribution networks and focus on safety have established them as key players in the carbon dioxide market.
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 Thailand Carbon Dioxide Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Carbon Dioxide Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Carbon Dioxide Market - Industry Life Cycle |
3.4 Thailand Carbon Dioxide Market - Porter's Five Forces |
3.5 Thailand Carbon Dioxide Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Thailand Carbon Dioxide Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Carbon Dioxide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Carbon Dioxide Market Trends |
6 Thailand Carbon Dioxide Market, By Types |
6.1 Thailand Carbon Dioxide Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Thailand Carbon Dioxide Market Revenues & Volume, By Source, 2018 - 2031F |
6.1.3 Thailand Carbon Dioxide Market Revenues & Volume, By Hydrogen, 2018 - 2031F |
6.1.4 Thailand Carbon Dioxide Market Revenues & Volume, By Ethyl Alcohol, 2018 - 2031F |
6.1.5 Thailand Carbon Dioxide Market Revenues & Volume, By Ethylene Oxide, 2018 - 2031F |
6.1.6 Thailand Carbon Dioxide Market Revenues & Volume, By Substitute Natural Gas, 2018 - 2031F |
6.1.7 Thailand Carbon Dioxide Market Revenues & Volume, By Others, 2018 - 2031F |
6.2 Thailand Carbon Dioxide Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Carbon Dioxide Market Revenues & Volume, By Food & Beverages, 2018 - 2031F |
6.2.3 Thailand Carbon Dioxide Market Revenues & Volume, By Oil & Gas, 2018 - 2031F |
6.2.4 Thailand Carbon Dioxide Market Revenues & Volume, By Medical, 2018 - 2031F |
6.2.5 Thailand Carbon Dioxide Market Revenues & Volume, By Rubber, 2018 - 2031F |
6.2.6 Thailand Carbon Dioxide Market Revenues & Volume, By Fire Fighting, 2018 - 2031F |
6.2.7 Thailand Carbon Dioxide Market Revenues & Volume, By Others, 2018 - 2031F |
7 Thailand Carbon Dioxide Market Import-Export Trade Statistics |
7.1 Thailand Carbon Dioxide Market Export to Major Countries |
7.2 Thailand Carbon Dioxide Market Imports from Major Countries |
8 Thailand Carbon Dioxide Market Key Performance Indicators |
9 Thailand Carbon Dioxide Market - Opportunity Assessment |
9.1 Thailand Carbon Dioxide Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Thailand Carbon Dioxide Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Carbon Dioxide Market - Competitive Landscape |
10.1 Thailand Carbon Dioxide Market Revenue Share, By Companies, 2024 |
10.2 Thailand Carbon Dioxide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |