Dry Ice Machine Market

The global Dry Ice Production Machine market was valued at 82.19 Million USD in 2021 and will grow with a CAGR of 4.02% from 2021 to 2027, based on newly published report.
The prime objective of Dry Ice Machine Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Dry Ice Machine Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Dry ice production machine is used to produce dry ice.Dry ice is made from carbon dioxide gas. The carbon dioxide gas is pressurized and cooled to form liquid CO2. The liquid carbon dioxide is injected into either a block press or pelletizer. These dry ice production machines have chambers in which, once released to atmospheric pressure, the liquid carbon dioxide converts to dry ice snow and carbon dioxide gas. The carbon dioxide gas is recovered and converted back into liquid carbon dioxide.The top 10 manufactures has more than 60% of the market sharewhich turns out that the market is concentrated. The high end manufacturers are mainly concentrated in Europe and USA and they generally have higher price. Some manufacturers in Asia are trying to occupy the market with cost advantage. The application of Dry Ice Production Machine is classified into Medical & Biotechnology, Food & Beverage, Automotive Industry, Industrial Manufacturing. It is more used in Industrial Manufacturing, with a market share of 29.77% in 2018.
By Market Verdors:

• Cold Jet
• ASCO Group
• Karcher
• Artimpex nv
• CO2 Air, Inc
• TOMCO2 Systems
• Tooice
• Aquila Triventek
• Lang & Yzer Otomotiv A.S.
• FREEZERCO2
• ICS ice cleaning systems s.r.o.
• Ziyang Sida
• Wuxi Yongjie

By Types:

• Less than 200kg/hr
• 200 to 400kg/hr
• More than 400kg/hr

By Applications:

• Medical & Biotechnology
• Food & Beverage
• Automotive Industry
• Industrial Manufacturing

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

• To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
• Assess the production processes, major issues, and solutions to mitigate the development risk.
• To understand the most affecting driving and restraining forces in the market and its impact in the global market.
• Learn about the market strategies that are being adopted by leading respective organizations.
• To understand the future outlook and prospects for the market.
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