The Global Liquefied Carbon Dioxide Market was valued at USD 5.12 Billion in 2023 and is projected to reach USD 7.89 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.3% during the forecast period (2023-2030). This growth is driven by expanding applications in food & beverage processing, healthcare sterilization, and industrial manufacturing, combined with accelerating adoption of carbon capture technologies.

As industries worldwide seek sustainable solutions while maintaining operational efficiency, the spotlight falls on key gas suppliers innovating in CO₂ liquefaction, storage, and distribution. This analysis profiles the Top 10 Companies in the Liquefied Carbon Dioxide Industry – global leaders shaping this essential industrial gas market.

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🔟 1. Air Products and Chemicals, Inc.

Headquarters: Allentown, Pennsylvania, USA
Key Offering: Food-grade and industrial-grade liquid CO₂

As a global industrial gases leader, Air Products operates one of the most extensive CO₂ production networks. The company supplies high-purity liquefied CO₂ for beverage carbonation, food freezing, and industrial applications requiring precise temperature control.

Sustainability Initiatives:

• Operates large-scale carbon capture facilities globally
• Pioneering CO₂ utilization technologies
• Strategic partnerships with food/beverage manufacturers

Download FREE Sample Report: Liquefied Carbon Dioxide Market – View in Detailed Research Report

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9️⃣ 2. Linde plc

Headquarters: Guildford, UK
Key Offering: Ultra-high purity liquid CO₂

Linde’s comprehensive CO₂ solutions serve diverse industries from pharmaceuticals to food packaging. The company maintains an extensive distribution network with stringent quality control measures.

Sustainability Initiatives:

• Carbon capture partnerships with heavy industries
• Development of renewable CO₂ sources
• Energy-efficient production processes

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8️⃣ 3. Messer Group

Headquarters: Bad Soden, Germany
Key Offering: Medical and technical-grade liquid CO₂

A leading European industrial gases provider, Messer specializes in CO₂ recovery technologies. Its products are essential for medical sterilization, welding applications, and food processing.

Sustainability Initiatives:

• ECO₂ program for sustainable production
• Industrial byproduct recovery initiatives
• Carbon footprint reduction programs

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7️⃣ 4. Taiyo Nippon Sanso Corporation

Headquarters: Tokyo, Japan
Key Offering: Electronic-grade liquid CO₂

This Japanese market leader provides ultra-pure CO₂ for semiconductor manufacturing and other high-tech applications, while maintaining strong positions in traditional industrial uses.

Sustainability Initiatives:

• R&D in emission capture technologies
• Energy optimization in liquefaction processes
• Recycling initiatives for industrial clients

Download FREE Sample Report: Liquefied Carbon Dioxide Market – View in Detailed Research Report

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6️⃣ 5. Continental Carbonic Products, Inc.

Headquarters: Decatur, Illinois, USA
Key Offering: Dry ice and liquid CO₂

Specializing in temperature-critical applications, Continental Carbonic serves the food processing, pharmaceutical, and industrial sectors across North America with reliable CO₂ solutions.

Sustainability Initiatives:

• Waste-to-value CO₂ recovery
• Process optimization for minimal emissions
• Sustainable dry ice production methods

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5️⃣ 6. Air Liquide

Headquarters: Paris, France
Key Offering: Medical and industrial liquid CO₂

Air Liquide’s extensive production network delivers food-grade and technical-grade CO₂ worldwide. The company maintains rigorous quality standards for healthcare and industrial applications.

Sustainability Initiatives:

• Biomass-based CO₂ production
• Carbon-neutral production initiatives
• Partnerships for CCUS technologies

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4️⃣ 7. SOL Group

Headquarters: Monza, Italy
Key Offering: Food and technical CO₂ solutions

A major European supplier, SOL provides CO₂ for diverse applications including food preservation, beverage production, and industrial cooling systems.

Sustainability Initiatives:

• Carbon Smart sourcing program
• Circular economy partnerships
• Energy-efficient production facilities

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3️⃣ 8. Yara International ASA

Headquarters: Oslo, Norway
Key Offering: Agricultural and industrial CO₂

Yara produces liquid CO₂ as a byproduct of fertilizer manufacturing, supplying greenhouse operators and food processors globally with consistent quality product.

Sustainability Initiatives:

• Carbon capture and reuse programs
• Low-emission production technologies
• Sustainable agriculture partnerships

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2️⃣ 9. India Glycols Limited

Headquarters: Noida, India
Key Offering: Food-grade liquid CO₂

As India’s leading CO₂ manufacturer, IGL supports the country’s growing food processing and beverage industries while expanding exports to international markets.

Sustainability Initiatives:

• Bio-based production processes
• Renewable energy-powered facilities
• Waste carbon dioxide utilization

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1️⃣ 10. Matheson Tri-Gas

Headquarters: Basking Ridge, New Jersey, USA
Key Offering: Specialty CO₂ for tech applications

Matheson provides ultra-high purity CO₂ for analytical laboratories, electronics manufacturing, and specialized industrial processes requiring exacting standards.

Sustainability Initiatives:

• Closed-loop recovery systems
• Efficient distribution networks
• Low-waste production methods

Get Full Report Here: Liquefied Carbon Dioxide Market – View in Detailed Research Report

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🌍 Outlook: The Evolving Landscape of Liquefied CO₂

The liquefied carbon dioxide market continues to transform, with sustainability driving innovation across production methods and application areas. Emerging carbon capture technologies promise to reshape supply chains while meeting growing industrial demand.

📈 Key Market Dynamics:

• Expanding food processing and beverage industry requirements
• Growing adoption in pharmaceutical manufacturing
• Technological advances in purification and liquefaction
• Increasing infrastructure investment in emerging economies

Get Full Report Here: Liquefied Carbon Dioxide Market – View in Detailed Research Report

The companies profiled above represent not just suppliers, but innovators developing sustainable solutions for essential industrial applications of liquefied carbon dioxide.