United Kingdom Carbon Dioxide Market Share, Size, Trends and Industry Report | 2034

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The United Kingdom carbon dioxide market size is projected to grow at a compound annual growth rate (CAGR) of 1.50% from 2025 to 2034.

United Kingdom Carbon Dioxide Market Outlook

The United Kingdom carbon dioxide market size attained a volume of 725.80 KMT in 2024. Driven by the growing demand for CO2 in various industries such as food and beverage, healthcare, and manufacturing, the market is projected to grow at a compound annual growth rate (CAGR) of 1.50% from 2025 to 2034, ultimately reaching a volume of 842.32 KMT by 2034.

Carbon dioxide is a colorless, odorless gas that is widely used in multiple industries. From carbonating beverages to preserving food, to serving as a critical component in healthcare settings, CO2’s diverse applications make it indispensable across a range of sectors. The increasing industrialisation in the United Kingdom, combined with the growing demand for CO2 for food preservation, healthcare, and industrial applications, is expected to drive sustained growth in the UK carbon dioxide market during the forecast period.

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Market Drivers

Food and Beverage Industry Demand: The food and beverage sector is one of the most prominent consumers of United Kingdom carbon dioxide market. CO2 is used extensively in carbonated beverages, where it is used to produce effervescence and preserve freshness. The UK’s thriving beverage industry, including the soft drink, alcoholic beverage, and bottled water segments, continues to fuel demand for CO2. Additionally, CO2 is a key component in modified atmosphere packaging (MAP), which helps extend the shelf life of perishable goods. As consumer preference for convenience foods and packaged goods continues to rise, the need for CO2 in food preservation and packaging is expected to increase, further propelling United Kingdom carbon dioxide market growth.

The expanding popularity of ready-to-drink (RTD) beverages, along with the rising consumption of carbonated and sparkling drinks, is driving demand for CO2 in the food and beverage sector. With growing consumer awareness about health and wellness, there has also been a shift toward beverages with natural ingredients and low sugar content, leading manufacturers to adopt CO2 in their production processes for both carbonation and preservation.

Healthcare Applications: Carbon dioxide is widely used in healthcare applications, particularly in medical procedures and treatments. CO2 is used in insufflation during minimally invasive surgeries such as laparoscopic surgery, where it is used to inflate body cavities, providing greater visibility and space for surgical instruments. Additionally, CO2 plays a crucial role in respiratory treatments and the administration of certain medical gases. The growing focus on non-invasive medical procedures in the UK, coupled with the increasing demand for better healthcare infrastructure, has led to a rise in the use of CO2 in medical and clinical environments.

The aging population in the United Kingdom, coupled with rising healthcare demands, has further bolstered the need for medical-grade CO2. This demographic shift, along with an increase in surgeries requiring CO2 insufflation, is expected to boost the demand for CO2 in the healthcare sector.

Industrial Applications and Carbon Capture: Industrial applications are another significant driver of the United Kingdom carbon dioxide market. CO2 is used in a wide range of industrial applications, including welding, fire extinguishing, and the production of chemicals, such as urea. In the steel industry, CO2 is used as an inert gas in processes that require high temperatures, while the chemical sector utilizes CO2 as a feedstock for producing various chemicals.

Furthermore, with growing concerns over climate change, carbon capture and storage (CCS) technologies have gained increasing importance in the United Kingdom. CCS involves capturing CO2 emissions produced from industrial processes and storing them underground to prevent them from entering the atmosphere. This trend towards carbon-neutral technologies is expected to foster innovation in CO2 production, storage, and distribution, presenting new opportunities for market growth.

Environmental and Sustainability Initiatives: The growing emphasis on environmental sustainability in the UK is also influencing the United Kingdom carbon dioxide market. The United Kingdom government has introduced several regulations aimed at reducing carbon emissions and promoting the adoption of low-carbon technologies. This is expected to spur investment in CO2 reduction technologies, including carbon capture, utilization, and storage (CCUS) technologies. With the UK’s commitment to becoming net-zero by 2050, efforts to reduce CO2 emissions from industrial processes are expected to lead to the development of new market segments for CO2 storage and utilization.

Additionally, the rising focus on environmentally friendly practices has led to an increase in CO2 applications that contribute to sustainability. For instance, CO2 can be used in the production of biodegradable plastics, an area that is gaining traction as alternatives to conventional plastic products. The rise of sustainable technologies is expected to generate new demand for CO2 in the UK market, contributing to its long-term growth.

United Kingdom Carbon Dioxide Market Segmentation

The market can be divided based on source, production and End use.

Breakup by Source

  • Ammonia
  • Ethyl Alcohol
  • Substitute Natural Gas and CCU

Breakup by Production

  • Biological
  • Combustion

Breakup by End Use

  • Food and Beverages
  • Oil and Gas
  • Medical
  • Metal Fabrication
  • Others

Competitive Landscape

Some of the major players explored in the report by Expert Market Research are as follows:

  • Ensus UK Limited
  • BioCarbonics Ltd.
  • Tata Chemicals Europe Limited
  • Yara International ASA
  • Air Products PLC
  • BOC Limited (Linde)
  • Air Liquide UK Ltd
  • Nippon Gases
  • Progases (UK) Ltd
  • Others

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