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Carbon Dioxide Production in Australia Industry Data and Analysis
Carbon dioxide (CO2) is a versatile gas used in a range of processes and applications that benefit from its reactivity, inertness and low temperature. CO2 can be produced as a high-pressure cylinder gas, a low-pressure refrigerated liquid or in a solid form as dry ice. Several of CO2's major uses are in food and beverage industries, wherein manufacturers can use the gas to carbonate soft drinks, decaffeinate coffee, freeze food products, and maintain ideal atmospheric conditions in food packaging and during food transport. This means that developments in Australia's food and beverage sector can often influence the Carbon Dioxide Production industry's performance, including its profit margins.
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What's included in this industry analysis
IBISWorld's research coverage on the Carbon Dioxide Production industry in Australia includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released May 2025.
About this industry
What's this industry report about?
The Carbon Dioxide Production industry in Australia operates under the ANZSIC industry code OD5214. Industry companies manufacture carbon dioxide (CO2) in compressed, liquid and solid form. Firms supply the CO2 to a diverse range of customers, including industrial, medical and specialised users. Companies that produce CO2 as a by-product of their production processes are not included in the industry. Related terms covered in the Carbon Dioxide Production industry in Australia include laser, dry ice and carbon capture and storage (ccs).
What's included in this industry?
Products and services covered in Carbon Dioxide Production industry in Australia include Food-grade carbon dioxide, Industrial-grade carbon dioxide and Laser-grade carbon dioxide.
What companies are included in this industry?
Companies covered in the Carbon Dioxide Production industry in Australia include Air Liquide Australia, BOC and Wesfarmers.
Performance
What's included in the Performance chapter?
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Carbon Dioxide Production industry in Australia.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
Products & Markets
What's included in the Products and Markets chapter?
The Products and Markets chapter covers detailed product and service segmentation, analysis of major markets and international trade data for the for the Carbon Dioxide Production industry in Australia.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
Geographic Breakdown
What's included in the Geographic Breakdown chapter?
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Carbon Dioxide Production industry in Australia.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
Competitive Forces
What's included in the Competitive Forces chapter?
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Carbon Dioxide Production industry in Australia. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
Companies
What's included in the Companies chapter?
The Companies chapter covers Key Takeaways, Market Share and Companies in the Carbon Dioxide Production industry in Australia. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
External Environment
What's included in the External Environment chapter?
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Carbon Dioxide Production industry in Australia. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
Financial Benchmarks
What's included in the Financial Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Carbon Dioxide Production industry in Australia. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
Industry Data
What's included in the Industry Data chapter?
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Carbon Dioxide Production industry in Australia.
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Frequently Asked Questions
What is the market size of the Carbon Dioxide Production industry in Australia in 2026?
The market size of the Carbon Dioxide Production industry in Australia is $351.0m in 2026.
How many businesses are there in the Carbon Dioxide Production industry in Australia in 2025?
There are 7 businesses in the Carbon Dioxide Production industry in Australia, which has grown at a CAGR of 3.1 % between 2020 and 2025.
How may import tariffs affect the Carbon Dioxide Production industry in Australia?
The Carbon Dioxide Production industry in Australia is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
How may export tariffs affect the Carbon Dioxide Production industry in Australia?
The Carbon Dioxide Production industry in Australia is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
Has the Carbon Dioxide Production industry in Australia grown or declined over the past 5 years?
The market size of the Carbon Dioxide Production industry in Australia has been growing at a CAGR of 1.1 % between 2020 and 2025.
What is the forecast growth of the Carbon Dioxide Production industry in Australia over the next 5 years?
Over the next five years, the Carbon Dioxide Production industry in Australia is expected to grow.
What are the biggest companies in the Carbon Dioxide Production industry in Australia?
The biggest companies operating in the Carbon Dioxide Production industry in Australia are Air Liquide Australia, BOC and Wesfarmers
What does the Carbon Dioxide Production industry in Australia include?
Food-grade carbon dioxide and Industrial-grade carbon dioxide are part of the Carbon Dioxide Production industry in Australia.
Which companies have the highest market share in the Carbon Dioxide Production industry in Australia?
The company holding the most market share in the Carbon Dioxide Production industry in Australia is Air Liquide Australia.
How competitive is the Carbon Dioxide Production industry in Australia?
The level of competition is high and increasing in the Carbon Dioxide Production industry in Australia.
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