DRY ICE PRODUCTION EQUIPMENT MARKET ANALYSIS

Dry Ice Production Equipment MarketSize and Trends

 Factors driving growth of dry ice production equipment market

Dry ice production equipment market is expected to witness a steady growth during the forecast period. This is due to rapidly increasing demand for frozen foods and growing use of dry ice as a refrigerant across the food and shipping industries. Dry ice production machine is used in various food processing facilities including bakeries to control the temperature, impede bacteria growth, and reduce spoilage. For instance, according to Environmental Protection Agency (EPA), the use of dry ice to control rat population assures quality of the product.  

Companies such as Cold Jet, use dry ice blasting for cleaning in the automobile sectors. It removes contaminant and biofilms without the use of water and chemicals. It is a faster and more effective process that does not produce any secondary waste, minimizes cleaning time & labor cost, and eliminates timely and costly task of waste collection and disposal. Dry ice production equipment market revenue is expected to increase over the forecast period due to increasing demand in automotive sector.

Regional analysis of dry ice production equipment market

The dry ice production equipment market is expected to expand at a CAGR of 7.1% over the forecast period. On the basis of region, dry ice production equipment market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.  North America is expected to account for the largest market share over the forecast period, owing to increasing adoption and presence of key players in the region such as Cold Jet, Llc., and TOM CO2 Systems.