United Kingdom Carbon Dioxide Market Share, Trends & Growth 2025-2034
Carbon dioxide plays a vital role in various industries in the United Kingdom.
The United Kingdom's carbon dioxide (CO2) market has been steadily growing, with the volume reaching 725.8 KMT (kilotons) in 2024. The market is set to experience continued growth, with an estimated compound annual growth rate (CAGR) of 1.5% from 2025 to 2034, reaching a volume of 840.5 KMT by 2034. This blog will explore the dynamics of the UK carbon dioxide market, including its overview, market size, trends, growth drivers, analysis, and competitive landscape.
United Kingdom Carbon Dioxide Market Overview
It is a versatile gas used in applications such as food and beverage carbonation, medical purposes, chemical production, and even enhanced oil recovery (EOR). The growing demand for CO2 across multiple industries has helped shape the UK carbon dioxide market, which is increasingly influenced by sustainability initiatives, government regulations, and advancements in CO2 production technologies.
The carbon dioxide market in the UK is also closely aligned with the country’s climate targets, as CO2 is both a crucial industrial gas and a greenhouse gas. As the UK works toward net-zero emissions, the production, capture, and utilization of CO2 will continue to be an essential part of the nation’s efforts to reduce its carbon footprint.
United Kingdom Carbon Dioxide Market Size
The United Kingdom carbon dioxide market was valued at 725.8 KMT in 2024. With a forecasted CAGR of 1.5% from 2025 to 2034, the market volume is projected to reach 840.5 KMT by 2034. This steady growth reflects a combination of increasing industrial demand, regulatory pressure, and advancements in CO2 capture technologies that will contribute to the market's overall expansion.
The demand for CO2 in the food and beverage industry, specifically for carbonation, will continue to be a significant contributor to the market size. Additionally, CO2 usage in the medical industry, agricultural sectors, and chemical production will further support the market's growth trajectory.
United Kingdom Carbon Dioxide Market Trends
Several key trends are shaping the future of the UK carbon dioxide market, including:
Sustainability and CO2 Capture: As the UK works toward its net-zero goals, there is a growing focus on reducing CO2 emissions and implementing carbon capture technologies. These innovations allow CO2 to be captured from industrial processes and utilized in other sectors, including food and beverage carbonation and oil recovery, helping to mitigate the environmental impact.
Rising Demand for CO2 in Food and Beverage: The food and beverage industry continues to be a dominant consumer of CO2, particularly in carbonation and packaging. The increased demand for carbonated drinks, ready-to-eat meals, and other packaged food items drives continued demand for CO2.
Adoption in Medical Applications: CO2 is used in a range of medical applications, from laparoscopic surgeries to respiratory treatments. The growing healthcare industry in the UK is expected to drive a steady increase in the demand for medical-grade CO2, bolstering market growth.
Government Regulations and Policies: The UK government's strong regulatory framework aimed at reducing carbon emissions is pushing companies to invest in carbon capture and utilization (CCU) technologies. Policies that encourage sustainable practices and penalize high-emission processes will contribute to the demand for low-emission CO2 production and capture technologies.
Get a Free Sample Report with Table of Contents
United Kingdom Carbon Dioxide Market Segmentation
Source:
Ammonia
Ethyl Alcohol
Substitute Natural Gas and CCU
Production:
Biological
Combustion
End Use:
Food and Beverages
Oil and Gas
Medical
Metal Fabrication
Others
United Kingdom Carbon Dioxide Market Growth
The United Kingdom carbon dioxide market is expected to grow at a steady pace, with a projected CAGR of 1.5% from 2025 to 2034. This growth will be fueled by several factors:
Expanding Industrial Applications: As industries like food and beverage, healthcare, and chemicals continue to demand CO2, market growth will remain strong. The continued reliance on CO2 in carbonation, preservation, and chemical production processes ensures a steady demand across various sectors.
Increased CO2 Recovery and Capture: The ongoing adoption of CO2 recovery and capture technologies in the UK will further bolster market growth. These technologies help companies reduce emissions while ensuring a steady supply of CO2 for industrial use. Additionally, carbon capture, utilization, and storage (CCUS) projects could play an essential role in meeting the UK’s climate goals.
Investment in Sustainable Technologies: Companies operating in the carbon dioxide market are increasingly investing in technologies that enable sustainable CO2 production. These technologies focus on reducing carbon emissions from industrial processes, thereby supporting the broader sustainability goals of the UK.
Emerging Markets for CO2: New and emerging markets for CO2, including its use in agriculture for enhanced crop production and its growing role in the oil industry for enhanced oil recovery (EOR), will contribute to the market’s long-term growth.
United Kingdom Carbon Dioxide Market Analysis
The UK carbon dioxide market is witnessing strong growth driven by industrial demand and regulatory pressures. Key industries such as food and beverage, chemicals, and healthcare remain major consumers of CO2, contributing to market stability. However, challenges such as fluctuating production costs, regulatory hurdles, and the complexities of CO2 storage and transportation continue to affect the market.
On the positive side, the increasing investment in carbon capture technologies, along with the expansion of CO2 recovery practices, is creating new opportunities for market players. The development of sustainable CO2 production methods, such as utilizing CO2 from renewable sources or capturing CO2 from industrial emissions, is an exciting trend that could significantly impact the market’s future trajectory.
The ongoing shift towards green technologies and sustainable practices, along with evolving government policies, ensures that the UK carbon dioxide market will continue to grow and evolve over the next decade.
United Kingdom Carbon Dioxide Market Forecast
The United Kingdom carbon dioxide market is expected to maintain steady growth over the next decade. With a projected CAGR of 1.5% from 2025 to 2034, the market volume is estimated to reach 840.5 KMT by 2034. The forecast reflects ongoing industrial demand, particularly from the food and beverage sector, as well as the expansion of CO2 usage in healthcare and oil recovery applications.
The market will also benefit from technological innovations in CO2 capture and recovery, along with the growing emphasis on sustainability. The UK government’s net-zero goals will drive further investment in sustainable CO2 production and utilization, contributing to the market’s positive outlook.
Competitor Analysis: Key Players in the United Kingdom Carbon Dioxide Market
Several companies are key players in the United Kingdom carbon dioxide market, providing CO2 solutions for a variety of industrial applications. These include:
Ensus UK Limited: Ensus UK is a major producer of CO2, with its bioethanol production facilities providing a reliable source of CO2. The company’s commitment to sustainability and reducing carbon emissions positions it as a significant player in the UK market.
BioCarbonics Ltd.: Specializing in CO2 production for food, beverage, and medical applications, BioCarbonics is known for its environmentally responsible practices and innovative CO2 solutions.
Tata Chemicals Europe Limited: A leading supplier of industrial gases, including CO2, Tata Chemicals serves various industries such as food and beverage, chemical production, and healthcare.
Yara International ASA: Yara supplies CO2 for agricultural applications, such as enhancing greenhouse crop production, and is a significant player in the market.
Nippon Gases: Nippon Gases is a prominent supplier of industrial gases, including CO2, for use in the food and beverage industry, as well as in healthcare and chemical production.
Progases (UK) Ltd: Specializing in CO2 and other industrial gases, Progases serves the food, beverage, and medical industries with a focus on sustainability and high-quality service.
Others: Numerous other companies also contribute to the competitive landscape, offering specialized CO2 products for niche markets and unique applications.
Media Contact:
Company Name: Claight Corporation
Contact Person: Emily Jacks, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website:www.expertmarketresearch.com
What's Your Reaction?
