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    Japan Dry Ice Market

    ID: MRFR/F-B & N/44987-HCR
    200 Pages
    Harshita Gorade
    September 2025

    Japan 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

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    Japan Dry Ice Market Summary

    The Japan Dry Ice market is projected to grow significantly from 12.1 USD Million in 2024 to 32.3 USD Million by 2035.

    Key Market Trends & Highlights

    Japan Dry Ice Key Trends and Highlights

    • The Japan Dry Ice market is valued at 12.1 USD Million in 2024.
    • By 2035, the market is expected to reach 32.3 USD Million, indicating robust growth.
    • The compound annual growth rate (CAGR) for the period from 2025 to 2035 is estimated at 9.36%.
    • Growing adoption of dry ice in the food and beverage industry due to its efficiency in preserving perishable goods is a major market driver.

    Market Size & Forecast

    2024 Market Size 12.1 (USD Million)
    2035 Market Size 32.3 (USD Million)
    CAGR (2025-2035) 9.36%

    Major Players

    Teijin Limited, Maruzen Petrochemical, Taiyo Nippon Sanso Corporation, Kobe Steel, Chiyoda Corporation, Mitsubishi Gas Chemical Company, Mitsui Chemicals, Sumitomo Seika Chemicals, TOYO TANSO, Nippon Gases, Showa Denko, Linde, Asahi Kasei, Air Liquide, Nippon Steel and Sumikin Chemical

    Japan Dry Ice Market Trends

    In Japan, various factors are impacting the significant trends occurring within the dry ice market. One major factor is the rise in the use of dry ice in the food and beverage industry. With Japan’s increasing concern regarding the food preservation, storage, and transportation especially for fresh seafood and other perishables, dry ice is becoming ever more important in the integration of the supply chain. Moreover, the increasing demand for online food delivery services further fuels this requirement as companies strive to maintain safety and quality during food delivery.

    There are possibilities to be tapped in pharmaceuticals and biotechnology as well. Due to Japan’s aging society alongside the increase in the healthcare requires reliable transportation of medical supplies and vaccines which dry ice is necessary for.

    The cold chain logistics industry is seeing an unprecedented increase in focus and attention, which presents a unique opportunity for the stakeholders in the dry ice industry to offer healthcare-oriented solutions. Recently, the movement towards environmental preservation has also started impacting the Japanese dry ice market. Businesses are becoming conscious of their carbon emissions and, therefore, keen on green alternatives and sustainable approaches to business, particularly in logistics. This change supports the Japanese government’s efforts to limit the emission of greenhouse gasses and aims toward carbon neutrality by 2050.

    In addition, the technology supporting the manufacturing and distributing of dry ice enhances supply chain productivity, making it more appealing to a range of industries.

    Japan appears well positioned to capitalize on such developments with the ease of adopting new technologies coupled with Japan's economic and environmental growth strategies, indicating a holistic development in the country's dry ice market.

    Market Segment Insights

    Dry Ice Market Dry Ice Type Insights

    The Japan Dry Ice Market showcases a diverse array of products, primarily categorized under the Dry Ice Type segment, which includes Pellets, Blocks, and Others. Each category serves distinct applications that underline their importance across various industries. Pellets, known for their versatility, cater to a wide range of sectors including food and beverage, pharmaceuticals, and logistics, primarily for maintaining temperature-sensitive products. This flexibility allows them to be used in processes like flash freezing and transportation due to their efficient cooling properties.

    Blocks, on the other hand, offer longer-lasting cooling solutions, making them suitable for applications requiring sustained temperatures over extended periods. Typically utilized in shipping and packaging, they ensure the integrity of goods transported over longer distances. The Others’ category encompasses various forms of dry ice that may be tailored for niche markets or specialized industrial applications, highlighting the evolving nature of dry ice technology and usage in Japan. The growth drivers within this segment include increasing demand for food preservation and pharmaceutical storage, coupled with a rising focus on efficiency in supply chain management.

    Moreover, emerging trends such as online grocery services are amplifying the consumption of dry ice in Japan, reinforcing its role as an essential resource across multiple sectors. However, challenges such as regulatory constraints regarding storage and transportation pose potential hurdles for market participants. Overall, the Dry Ice Type segment is poised to adapt and innovate as industries continue to seek effective solutions for cooling and preservation needs, thereby contributing significantly to the overall dynamics of the Japan Dry Ice Market.

    Dry Ice Market Dry Ice Application Insights

    The Japan Dry Ice Market is witnessing significant transformations, particularly within the Dry Ice Application segment, which plays a vital role in various industries. The Food and Beverages sector thrives on dry ice for preserving products during storage and transportation, ensuring freshness and safety for consumers. In Healthcare, dry ice is essential for transporting biological samples and vaccines, a critical requirement that has gained prominence in recent years. The Storage and Transportation segment relies heavily on this application to maintain controlled temperature during transit, thereby reducing spoilage and ensuring product quality.

    Furthermore, Industrial Cleaning utilizes dry ice in innovative ways, offering an eco-friendly approach for cleaning equipment without harmful chemicals, thereby supporting sustainability goals. Other applications are emerging as the market diversifies, reflecting the broad versatility of dry ice across different sectors in Japan. Among these, the Food and Beverages sector dominates, underscoring the rising demand for high-quality preservation methods that are becoming increasingly important within the modern Japanese market landscape. Overall, as these applications grow, they underline the potential for future market development and reflect shifts in consumer and industrial practices across the region.

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

    Key Players and Competitive Insights

    The Japan Dry Ice Market exhibits a dynamic and competitive landscape, primarily driven by the growing demand for dry ice across various industries such as food and beverage, pharmaceuticals, logistics, and electronics. With a notable emphasis on safety and sustainability, companies within this sector are continually innovating to meet customer requirements while optimizing their production processes. The industry is characterized by a mix of established players and emerging startups striving to capture market shares through strategic collaborations, technological advancements, and enhanced service offerings.

    Overall, the competitive insights reflect an environment where companies aim to differentiate themselves through quality, efficiency, and customer-centric solutions. Teijin Limited stands as a prominent player within the Japan Dry Ice Market, leveraging its robust industrial capabilities and extensive networks to strengthen its market presence. Known for its commitment to sustainability, Teijin Limited actively incorporates eco-friendly practices into its dry ice production processes, which serves to attract eco-conscious clients. The company benefits from its established reputation in the chemical sector, allowing it to utilize advanced technology and superior manufacturing techniques that result in high-quality dry ice products.

    Additionally, Teijin Limited's strong distribution channels ensure timely delivery and access to various market segments, ranging from pharmaceuticals to logistics, further solidifying its position in the competitive landscape. Maruzen Petrochemical, another key participant in the Japan Dry Ice Market, emphasizes its diversification strategy by offering a wide range of chemical products along with dry ice solutions. The company’s market presence is supported by its efficient production capabilities and focus on continuous improvement, which enables it to cater to various industrial needs in Japan.

    Maruzen Petrochemical's strengths lie in its strong relationships with key clients and an agile operational model that adapts to changing market conditions. The company also pursues opportunities for growth through strategic mergers and acquisitions, enhancing its capacity and technological edge in dry ice production. By positioning itself as a reliable supplier, Maruzen Petrochemical maintains a competitive advantage in a sector increasingly focused on innovation and customer responsiveness.

    Key Companies in the Japan Dry Ice Market market include

    Industry Developments

    In recent months, the Japan Dry Ice Market has witnessed significant developments, particularly driven by the growing demand for dry ice in sectors such as food preservation, logistics, and pharmaceuticals. Companies like Taiyo Nippon Sanso Corporation and Linde are expanding their operational capacities to meet this demand. Major firms such as Kobe Steel and Mitsubishi Gas Chemical Company have reported increases in market valuation, enhancing their competitiveness amidst the evolving landscape. 

    Furthermore, in April 2023, Chiyoda Corporation announced its collaboration with Showa Denko to develop environmentally friendly dry ice production methods, reflecting the market's shift towards sustainability. Recent mergers and acquisitions have also played a pivotal role, notably the acquisition of Nippon Gases by Air Liquide in March 2022, which has improved market share and operational efficiencies. The Japan Dry Ice Market has seen a continuous upward trend, with investments being channeled into Research and Development for innovative applications. 

    Noteworthy is the sustained growth in demand for post-COVID-19 as businesses adapt to new logistics and packaging requirements. Overall, the dynamic developments in this market indicate a responsive adaptation to both domestic and global economic changes.

    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 10.96 (USD Million)
    Market Size 2024 12.06 (USD Million)
    Market Size 2035 32.27 (USD Million)
    Compound Annual Growth Rate (CAGR) 9.362% (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 Teijin Limited, Maruzen Petrochemical, Taiyo Nippon Sanso Corporation, Kobe Steel, Chiyoda Corporation, Mitsubishi Gas Chemical Company, Mitsui Chemicals, Sumitomo Seika Chemicals, TOYO TANSO, Nippon Gases, Showa Denko, Linde, Asahi Kasei, Air Liquide, Nippon Steel and Sumikin Chemical
    Segments Covered Dry Ice Type, Dry Ice Application
    Key Market Opportunities Increased demand in food transportation, Growth in medical applications, Rise in e-commerce logistics, Expanding industrial applications, Eco-friendly production advancements
    Key Market Dynamics growing demand from food industry, increased adoption in healthcare, rise in e-commerce shipping, stringent environmental regulations, technological advancements in production
    Countries Covered Japan

    FAQs

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

    The Japan Dry Ice Market was valued at 12.06 million USD in 2024.

    What is the projected market value for the Japan Dry Ice Market by 2035?

    By 2035, the Japan Dry Ice Market is projected to be valued at 32.27 million USD.

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

    The expected CAGR for the Japan Dry Ice Market from 2025 to 2035 is 9.362%.

    Which dry ice type is expected to have the highest market value in 2035?

    Pellets are expected to have the highest market value in 2035, reaching 15.0 million USD.

    What will be the market size for blocks of dry ice in 2024 and 2035?

    The market size for blocks of dry ice is expected to be 4.0 million USD in 2024 and 10.5 million USD in 2035.

    Who are the major players in the Japan Dry Ice Market?

    Major players in the Japan Dry Ice Market include companies such as Teijin Limited, Taiyo Nippon Sanso Corporation, and Linde.

    What is the expected value for 'Others' category of dry ice in 2035?

    The expected value for the 'Others' category of dry ice in 2035 is projected to be 6.77 million USD.

    How is the demand for dry ice changing in 2024 compared to 2035?

    The demand for dry ice is expected to increase significantly from 12.06 million USD in 2024 to 32.27 million USD in 2035.

    What key applications are driving the growth of the Japan Dry Ice Market?

    Key applications driving growth include food preservation, medical transport, and industrial processes.

    What challenges are expected to impact the Japan Dry Ice Market in the coming years?

    Challenges may include supply chain issues and competition from alternative cooling technologies in the market.

    Report Infographic
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    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