US food and beverage end users are increasing on-site carbon dioxide storage to guard against upstream supply shocks. Liquefaction plants are often running near capacity, keeping supply tight and supporting firm pricing.
Experts question the European Commission's cost projections for integrating carbon dioxide removals into the EU Emissions Trading System, citing overly optimistic assumptions. Skepticism over whether removal costs will decline as projected could lead to supply constraints and keep CO2 allowance prices firm or upward.
Asia
The market for Carbon Dioxide in Asia experienced fluctuating pricing dynamics throughout the year, influenced by movements in calcium carbonate, a key feedstock used in acid-based production processes. Early months witnessed price increases supported by demand from beverage carbonation, food processing, and industrial applications, with infrastructure projects contributing to steady consumption. However, logistics constraints created supply tightness that drove prices upward in several markets. As the year progressed, prices eased with weakening demand, particularly from plastics and construction sectors. The middle months brought steady price movement with slight upward trends, though rising energy costs and export complications caused fluctuations. Later in the year, prices remained mostly firm owing to steady demand from plastics and textile industries, though regulatory actions kept market participants alert regarding possible supply adjustments.
Europe
European Carbon Dioxide markets followed a mixed trend throughout the year. Prices remained stable initially due to steady demand from construction, plastics, and paper applications. Brief declines occurred due to seasonal demand dips and cautious procurement, with oversupply conditions further affecting market balance. Subsequent months showed moderate increases driven by continued investment in sustainable packaging and industrial recycling. Supply-side pressures emerged as several chemical plants reduced capacity, pushing up input costs that indirectly affected production economics involving calcium carbonate feedstock. Environmental regulations around mining and emissions further strained supply chains. Later months saw relatively balanced pricing as demand from packaging and construction remained steady, though manufacturers maintained caution amid broader economic uncertainty. Reliable domestic supply and muted export activity prevented major price swings.
North America
North American Carbon Dioxide markets experienced range-bound fluctuations for most of the year. Stable demand from food-grade applications and consistent consumption from plastics and paper kept the market balanced. Early-year prices declined due to post-holiday demand weakness, with weather-related disruptions temporarily affecting calcium carbonate availability and causing mild price rebounds. Subsequent months brought largely stable prices as demand remained consistent across packaging, healthcare, and construction sectors, though trade disruptions and tariffs affected raw material flows. Later in the year, prices remained flat as weak downstream demand and uncertain trade policies led buyers to avoid large purchases, while sufficient domestic supply prevented significant movements.
Analyst Insight
According to Procurement Resource, Carbon Dioxide prices are expected to remain relatively stable in the near term with moderate regional variations influenced by trade policies and seasonal demand patterns.
Related Report
Need latest Carbon Dioxide price?
Get real-time price assessments, periodic trends, forecasts and price driver insights across key global markets.
Unlock Price Insights NowOur Clients
Turn price intelligence into action with the Procurement Resource Database. Log in or subscribe to unlock live price trends, historical charts, supplier databases, cost curves, and analyst-backed insights across chemicals, agriculture, energy, packaging, and more. Use these tools to benchmark your contracts, plan budgets with confidence, and stay ahead of market moves on every product you buy.
0
+Products
0
+Regions
0
+Subscriptions
Asia
The market for Carbon Dioxide in Asia displayed variable trends throughout the period. During the second quarter, prices initially maintained stability supported by steady demand from beverage carbonation and food processing sectors. However, the trajectory shifted downward as seasonal factors reduced industrial activity. The availability of calcium carbonate, a key feedstock in acid-based production methods, improved due to higher output rates, which helped contain production costs but coincided with weakening terminal demand. The third quarter brought mixed price movements as construction and industrial sectors experienced reduced activity, limiting demand for industrial-grade carbon dioxide. High feedstock inventories and destocking activities added to market pressures. Toward the quarter's end, some recovery emerged as maintenance shutdowns, adverse weather conditions, and logistical constraints tightened supply while demand gradually returned. The fourth quarter saw renewed downward pressure as feedstock availability remained ample while demand from plastics and industrial applications softened, with accumulated inventories keeping prices under pressure through year-end.
Europe
European Carbon Dioxide markets experienced sustained weakness during the second quarter, with subdued demand from coatings, construction, and food and beverage applications. Enhanced production capacities and adequate feedstock supplies from limestone-based operations created oversupply conditions that persisted into the third quarter. Holiday-season slowdowns and muted activity across construction and industrial segments kept demand on the lower end. The fourth quarter brought some upward movement as feedstock costs increased due to higher energy prices and stricter environmental regulations affecting limestone quarrying operations. Logistics challenges including port congestion constrained supply chains, while regulatory changes in construction materials created additional market dynamics, though overall demand remained moderate.
North America
North American markets exhibited oscillating patterns during the second quarter. Initial price weakness stemmed from subdued demand and moderate production levels, but mid-quarter recovery occurred as terminal demand improved and export orders increased. The third quarter brought consistent declines driven by muted industrial demand, surplus production capacity, and stable feedstock costs. Late quarter seasonal demand from food and pharmaceutical sectors triggered price increases as manufacturers replenished stocks. The fourth quarter stabilized as paper, plastics, and industrial gas sectors maintained steady consumption, while weather-related disruptions temporarily affected feedstock availability.
Carbon dioxide (CO2) is a colorless, odorless gas with a slightly acidic taste, soluble in water, and denser than air. It plays a critical role in various industries due to its unique properties. In the food and beverage industry, CO2 is used for carbonation in drinks and preservation. It is essential for creating dry ice for refrigeration. In agriculture, CO2 enhances plant growth in greenhouses. Medical uses include insufflation gas in surgeries and respiratory therapies. Additionally, CO2 is used in fire extinguishers, chemical synthesis, extraction processes, and enhanced oil recovery in the petroleum industry.
CO2
Food and beverages, Refrigeration, Medical, Fire extinguishers
Linde Plc, Air Products and Chemicals Inc, Air Liquide, Sicgil India Limited, Universal Industrial Gases
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
The general synthesis of carbon dioxide involves the reaction of carbonates and acids. In this synthesis also, calcium carbonate is reacted with strong acid, hydrochloric acid, to give carbon dioxide along with some side products.
Our Price Analysis Methodology
AVP - Strategy and Solutions
Leading procurement research solutions across chemicals, materials, and food & beverages, with expertise in price forecasting and market analytics.
Experience how Procurement Resource transforms raw material price data into clear, decision ready intelligence. Optimise your performance with reliable, expert market data and analysis. Schedule your demo today to experience a live walk-through where our experts will showcase interactive price charts, forecasted prices, and insights driving the prices for your key commodities, tailored to your workflows. Contact us now!
Our Team will be happy to assist you
We are just a text away
Still Need Help?
Unlock full access to Procurement Resource's price databases, interactive charts, and short-term forecasts for thousands of commodities. Elevate your sourcing decisions by comparing prices across regions, downloading historical data, and layering in analyst-backed insights, all with our flexible plans that scale as your portfolio grows.
Still have any Questions
Contact Us
Price Trend Dashboard - What's Included
Price trends across a diverse portfolio of categories and products, spanning board to niche chemicals
Coverage extendable to grade-specific chemicals based on procurement requirements
Regular price tracking supported by robust historical datasets
News, policy updates, and key market drivers impacting price movements
Short-term and long-term price outlooks and forecasts
Supply-demand dynamics and capacity-driven market analysis
Track prices, market movements, supply-demand dynamics, and industry developments across hundreds of commodities through a centralized intelligence platform built for informed procurement decisions.
Understand market fluctuations using analyst-backed forecasts, historical pricing patterns, and evolving industry trends to strengthen sourcing strategies and budget planning.
Leverage cost models, pricing benchmarks, and procurement insights to evaluate purchasing opportunities, improve negotiations, and enhance operational efficiency.
Access region-specific price trends, trade activities, capacity changes, and supply chain developments influencing commodity markets worldwide.
