Dry Ice Market Size, Industry Analysis Report By Type
The Global Dry Ice Market was valued at USD 1247.22 Million in 2022 and is projected to reach USD 1763.55 Million by 2030, growing at a CAGR of 4.5% over the forecast period. Carbon dioxide in the form of dry ice is used primarily as a refrigerant and cooling agent. Since it is a kind of solid carbon dioxide, it leaves no trace. Due to the sublimation method used to prepare it, it is commonly known as dry ice. Instead of melting into a liquid when heated, it transforms immediately into a gas.