Global Dry Ice Machine Market Overview:
Dry Ice is the Name for Solid Carbon-Di-Oxide. It is Produced Using Dry Ice Machine. Dry Ice Machine Uses Liquid Carbon-Di-Oxide to Expand Under Controlled Conditions to Form Dry Ice Snow. Pressing of Dry Ice Snow Takes Place Through An Extruder to Form Round, Rigid Pellets For Dry Ice Blasting or Into Larger Pellets/Slices/Blocks For Cooling Purposes. Dry Ice Can Be Used For Many Applications. It Provides a High Cooling Capacity Some of the key players profiled in the study are Cold Jet (United States), IceTech Technologies (United Kingdom), Karcher (Germany), ASCO Group Ltd (United States), Artimpex Nv – Cryonomic (Belgium), ICEsonic (Croatia), TOMCO2 Systems (United States), Aquila Triventek (Denmark), Langtuo Refrigeration Equipment Co. Ltd (China) and CO2 AirInc. (United States).
On the basis of geography, the market of Dry Ice Machine has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Production Capacity, the sub-segment i.e. Less than 200kg/hr will boost the Dry Ice Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Direct Sales will boost the Dry Ice Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rise in the Usage of Dry Ice in Healthcare Sector to Freeze Medical Supplies, Samples, & Equipment
- Growth in the Food & Beverage Industry Utilizing Dry Ice for Transferring Low Perishable Foods
- Surging Usage of Dry Ice Machines in the Refrigeration Industry
- High Initial Cost May Limit the Market Penetration
- Growth of the Cold Chain Supply Management Opens an Emerging Opportunity for the Market Expansion of Dry Ice Machines
- There Are Growing Prospects for the Growth of Dry Ice Machines, Owing To the Rising Use of Dry Ice in the Chemical Industry
- Widespread Availability & Usage of Usual Ice Blocks May Pose a Challenge
The Market for the Dry Ice Machine is Fragmented with the Presence of Many Players. Leading Players Can Adopt Strategies Like a Merger, Acquisition, Expansion, New Product Launch, in Order to Gain Share Within the Market. Owing to Booming Industrialization & Urbanization, there are Growing Prospects for the New Players to Enter the Market
Target Audience:Manufacturers of Dry Ice Machine, Distributors, Traders, & Suppliers, Importers & Exporters, Investors, Regulatory & Government Bodies and Others
Major Objectives Focused through this Study To define, describe, and forecast the Global Dry Ice Machine market on the basis of product [Dry Ice Production Machine and Dry Ice Blasting Machine] , application [Electrical Industry, Industrial Application, Food Industry, Commercial Application and Other Application], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Dry Ice Machine market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Dry Ice Machine industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are Kyodo International (Japan), Wuxi Yongjie Automatic Equipment (CN), Danduct Clean (Denmark), Prompt Engineering Services (India) and Victex (South Korea).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Dry Ice Machine market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.