• Cat-intel
  • MedIntelliX
  • Resources
  • About Us
  • Request Free Sample ×

    Kindly complete the form below to receive a free sample of this Report

    Leading companies partner with us for data-driven Insights

    clients tt-cursor

    China Dry Ice Market

    ID: MRFR/F-B & N/44976-HCR
    200 Pages
    Harshita Gorade
    September 2025

    China Dry Ice Market Research Report By Dry Ice Type (Pellets, Blocks, Others) and By Dry Ice Application (Food Beverages, Storage Transportation, Healthcare, Industrial Cleaning, Others) - Forecast to 2035

    Share:
    Download PDF ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    China Dry Ice Market Research Report- Forecast to 2035 Infographic
    Purchase Options
    $ 4,950.0
    $ 5,950.0
    $ 7,250.0

    China Dry Ice Market Summary

    The China Dry Ice market is poised for substantial growth, with a projected increase from 42.8 USD Million in 2024 to 98.2 USD Million by 2035.

    Key Market Trends & Highlights

    China Dry Ice Key Trends and Highlights

    • The market valuation is expected to grow from 42.8 USD Million in 2024 to 98.2 USD Million by 2035.
    • A compound annual growth rate (CAGR) of 7.85 percent is anticipated from 2025 to 2035.
    • The increasing demand for dry ice in various industries is likely to drive market expansion.
    • Growing adoption of dry ice for food preservation due to its efficiency is a major market driver.

    Market Size & Forecast

    2024 Market Size 42.8 (USD Million)
    2035 Market Size 98.2 (USD Million)
    CAGR (2025-2035) 7.85%

    Major Players

    Korea Industrial Gas, Ningxia Yinglite, Dongguan Nengwuxie, Air Products, Yara International, Messer Group, Qingdao Energas, Showa Denko, Linde, SABIC, Airgas, BASF, Hubei Giker, Shanghai Jiuqi, CO2 Solutions

    China Dry Ice Market Trends

    Growth in the China Dry Ice Market is being spurred by many factors. In particular, the food and beverage industry and its subsectors for containing and transporting perishables is dry ice intensive. China's expansion of cold chain logistics systems for controlling food wastage and maintaining quality increases the efficiency demands for refrigeration systems like dry ice. The growth of online grocery shopping and food delivery has increased the need for reliable transport and added transport dry ice required to maintain temperature control. There are ample opportunities to be explored within the China Dry Ice Market, especially in pharmaceuticals and healthcare.

    The development of biopharmaceuticals and the need for temperature-sensitive vaccines have highlighted the challenges posed by these products’ stability and transport during the pandemic. There is an emerging need for robust cooling mechanisms that fully encapsulate the requirements of biopharmaceuticals. These shifts in the market pay heed to recent developments within the China Dry Ice Market, which indicate a move towards sustainable dry ice production in China. Companies are increasingly focusing on the fabrication of dry ice that is recyclable and ecologically friendly, contributing to China’s environmental aims.

    In addition, more advanced technologies are improving the processes of dry ice production, leading to more economical and less environmentally harmful processes.

    Rise in e-commerce along with heightened consumer knowledge remain pivotal trends actively driving the expansion of dry ice usage across multiple applications. In conclusion, the China Dry Ice Market is poised for growth due to emerging trends and changing market demands.

    Market Segment Insights

    China Dry Ice Market Segment Insights

    China Dry Ice Market Segment Insights

    Dry Ice Market Dry Ice Type Insights

    Dry Ice Market Dry Ice Type Insights

    The China Dry Ice Market has been experiencing significant growth, particularly in the Dry Ice Type segment which consists of Pellets, Blocks, and Others. As the demand for dry ice becomes more pronounced in various sectors such as food preservation, healthcare, and manufacturing, the Pellets form has become increasingly important due to their versatility and efficiency in shipping perishable goods. Pellets of dry ice are preferred for their ability to easily fit into packaging while providing superior cooling performance, essential for maintaining product integrity during transit.

    Conversely, Blocks of dry ice, though larger, serve specialized needs such as maintaining low temperatures over longer durations, making them crucial for specific applications in logistics and storage. Additionally, the 'Others' category encompasses various custom molds and shapes that cater to niche markets, thus highlighting the innovative characteristics of the dry ice industry. Overall, as the practices around cold chain logistics emphasize more on efficiency and sustainability, segments like Pellets and Blocks are expected to play a pivotal role in meeting the evolving demands of the market.

    The ongoing market trends reflect an increasing penetration of dry ice in sectors beyond traditional uses, supported by extensive data on the China Dry Ice Market revenue and its dynamic segmentation, further portraying the industry's robust characteristics. Overall, the continuous advancements in technology and rising awareness among consumers about the benefits of dry ice will likely fuel future market growth, ensuring that types like Pellets and Blocks lead the way in usage due to their functional advantages. .

    Dry Ice Market Dry Ice Application Insights

    Dry Ice Market Dry Ice Application Insights

    The China Dry Ice Market, particularly in the Dry Ice Application segment, has been witnessing steady growth due to increasing demand across various industries. The Food and Beverages sector significantly utilizes dry ice for preserving food quality and extending shelf life, thereby maintaining product integrity during storage and transportation. In the Healthcare industry, the ability to transport vaccines and other temperature-sensitive medicines efficiently has become vital, leading to a notable reliance on dry ice solutions.

    Moreover, the Storage and Transportation applications are crucial for maintaining optimal conditions in logistics chains, underscoring the importance of dry ice in reducing spoilage and ensuring safety. Industrial Cleaning is another area where dry ice is increasingly favored due to its eco-friendly nature and effectiveness in cleaning processes without leaving residues. Additionally, other applications are emerging as industries explore innovative uses for dry ice, paving the way for further market growth. As these sectors continue to advance and expand, the significance of dry ice in China’s economy becomes clearer, consolidating its role as a key component in these diverse applications.

    Get more detailed insights about China Dry Ice Market Research Report- Forecast to 2035

    Key Players and Competitive Insights

    The China Dry Ice Market has been experiencing significant growth, driven by the increasing demand for dry ice in various applications such as food preservation, pharmaceuticals, and industrial processes. As businesses seek to enhance their logistical capabilities and maintain the quality of perishable goods, the competitive landscape of this market has become more dynamic. Companies are continually innovating their product offerings and exploring new distribution channels to capture a larger market share. The presence of domestic and international players has intensified competition, leading to advancements in technology and production processes.

    As a result, companies are focusing on strategic partnerships, expansions, and mergers to strengthen their positions in this evolving market. Korea Industrial Gas has established a notable presence in the China Dry Ice Market by leveraging its extensive experience and expertise in gas production and distribution. The company is well-regarded for its high-quality dry ice, which caters to various sectors including food and beverage, logistics, and healthcare. Korea Industrial Gas focuses on maintaining rigorous quality standards, ensuring that its products meet the specific needs of its customers.

    Additionally, the company's strong distribution network and logistical capabilities allow it to efficiently serve clients across different regions in China. By investing in modern production techniques and prioritizing customer service, Korea Industrial Gas continues to solidify its competitive edge in this rapidly growing market. Ningxia Yinglite has made considerable strides in the China Dry Ice Market by providing a diverse range of products and services, primarily catering to the needs of the food and pharmaceuticals industries. The company focuses on producing high-quality dry ice while ensuring sustainability through environmentally-friendly manufacturing processes.

    With a strong market presence, Ningxia Yinglite has developed robust relationships with key clients, enabling it to expand its reach across various provinces in China. The company's strength lies in its commitment to innovation and customer satisfaction, which has been bolstered by strategic partnerships and potential mergers and acquisitions aimed at expanding its operational capabilities. By continually upgrading its technology and expanding its product offerings, Ningxia Yinglite is positioned for sustained growth in the competitive landscape of the dry ice market.

    Key Companies in the China Dry Ice Market market include

    Industry Developments

    The China Dry Ice Market has witnessed notable developments recently, driven by increasing demand from various sectors including food preservation, pharmaceuticals, and industrial applications. In September 2023, Air Products announced the expansion of its production facilities in China to meet the growing demand for dry ice, emphasizing sustainability and logistical improvements. Concurrently, Linde has also ramped up its operational capacity in the region to strengthen its market position. 

    The market is expected to see continued growth, with companies like Yara International and BASF increasing their investments in CO2 recovery technology, which is essential for dry ice production. Notably, in July 2022, Messer Group completed the acquisition of a local dry ice producer, enhancing its logistics and distribution capabilities within China. The increasing utilization of dry ice among food and beverage companies, particularly due to the rise of e-commerce, has been significant over the last couple of years. 

    As the industry supports vaccine distribution and food safety measures, the demand for dry ice remains robust, contributing to an optimistic outlook for the market's valuation in the coming years.

    Market Segmentation

    Dry Ice Market Dry Ice Type Outlook

    • Pellets
    • Blocks
    • Others

    Dry Ice Market Dry Ice Application Outlook

    • Food Beverages
    • Storage Transportation
    • Healthcare
    • Industrial Cleaning
    • Others

    Report Scope

    Report Attribute/Metric Details
    Market Size 2023 38.35(USD Million)
    Market Size 2024 42.78(USD Million)
    Market Size 2035 98.25(USD Million)
    Compound Annual Growth Rate (CAGR) 7.851% (2025 - 2035)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Million
    Key Companies Profiled Korea Industrial Gas, Ningxia Yinglite, Dongguan Nengwuxie, Air Products, Yara International, Messer Group, Qingdao Energas, Showa Denko, Linde, SABIC, Airgas, BASF, Hubei Giker, Shanghai Jiuqi, CO2 Solutions
    Segments Covered Dry Ice Type, Dry Ice Application
    Key Market Opportunities Expanding healthcare sector demand, Growing e-commerce logistics needs, Increasing food preservation applications, Rising demand in events industry, Expanding industrial manufacturing utilization
    Key Market Dynamics growing demand from food processing, increasing use in pharmaceuticals, rising adoption in logistics, environmental sustainability concerns, competition from alternative refrigerants
    Countries Covered China

    FAQs

    What was the market size of the China Dry Ice Market in 2024?

    The China Dry Ice Market was valued at 42.78 million USD in 2024.

    What is the projected market size for the China Dry Ice Market by 2035?

    By 2035, the China Dry Ice Market is expected to reach a value of 98.25 million USD.

    What is the expected compound annual growth rate (CAGR) for the China Dry Ice Market from 2025 to 2035?

    The expected CAGR for the China Dry Ice Market from 2025 to 2035 is 7.851%.

    What is the projected market size for dry ice pellets in 2024 and 2035?

    The market size for dry ice pellets is anticipated to be 17.12 million USD in 2024 and 39.36 million USD in 2035.

    How much is the market for dry ice blocks expected to be valued at in 2035?

    The market for dry ice blocks is expected to be valued at 34.1 million USD in 2035.

    Who are the key players in the China Dry Ice Market?

    Major players in the China Dry Ice Market include Korea Industrial Gas, Air Products, and Linde.

    What are the current applications driving the growth of the China Dry Ice Market?

    Key applications for driving growth include food preservation, industrial cooling, and medical transportation.

    What was the market size for other types of dry ice in 2024?

    The market size for other types of dry ice was 11.1 million USD in 2024.

    What challenges does the China Dry Ice Market currently face?

    Challenges include regulatory hurdles and competition from alternative cooling methods.

    What growth drivers are influencing the China Dry Ice Market?

    Growth drivers include increasing demand in logistics and transportation sectors, especially for perishable goods.

    Report Infographic
    Free Sample Request

    Kindly complete the form below to receive a free sample of this Report

    Customer Stories

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

    Victoria Milne Founder
    Case Study

    Chemicals and Materials