The carbon dioxide market in the United Kingdom is primarily driven by the increasing demand for CO2 in industries such as food preservation, carbonated drinks production, enhanced oil recovery, and healthcare applications. Carbon dioxide is also used for controlling pH levels in water treatment processes and as an inert gas for various chemical processes. The market’s growth has been influenced by both technological advancements and environmental considerations, as companies look for sustainable solutions to meet increasing demand.
In 2024, the market volume reached 725.8 KMT, and it is anticipated that the market will experience a steady growth rate of 1.5% CAGR from 2025 to 2034. By the end of this forecast period, the market is expected to reach a volume of 840.5 KMT.