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    North America Dry Ice Market

    ID: MRFR/F-B & N/44988-HCR
    200 Pages
    Harshita Gorade
    September 2025

    North America 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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    North America Dry Ice Market Research Report- Forecast to 2035 Infographic
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    North America Dry Ice Market Summary

    The North America Dry Ice market is projected to grow significantly from 99.3 USD Million in 2024 to 232.2 USD Million by 2035.

    Key Market Trends & Highlights

    North America Dry Ice Key Trends and Highlights

    • The North America Dry Ice market is valued at 99.3 USD Million in 2024.
    • By 2035, the market is expected to reach 232.2 USD Million, indicating robust growth.
    • The compound annual growth rate (CAGR) for the period from 2025 to 2035 is estimated at 8.03%.
    • Growing adoption of dry ice in various industries due to its effectiveness in preserving perishable goods is a major market driver.

    Market Size & Forecast

    2024 Market Size 99.3 (USD Million)
    2035 Market Size 232.2 (USD Million)
    CAGR (2025-2035) 8.03%

    Major Players

    Cardinal Health, Quincy Compressor, ECO 2, Superior Gas Solutions, Continental Carbonic Products, Cold Jet, American Dry Ice, Dry Ice Corp, Chemtron, Air Products and Chemicals, Linde, Innocent Air, Matheson TriGas, Airgas, Polar Tech

    North America Dry Ice Market Trends

    The North America dry ice market is undergoing noticeable industry specific shifts for a number of reasons. An emerging trend for the food and beverage industry as a result of the pandemic is an increase in e-commerce shopping and food delivery services which raises the need for dry ice. To fulfil the consumer demand for safe food products, the pharmaceuticals and healthcare industries have started using dry ice for shipping temperature sensitive materials which is beneficial for market growth.

    There is a new trend of industries implementing underused sustainable practices which makes it easier for these companies to minimize their carbon output. These changes can help dry ice producers in the northern America region align with state and consumer regulations and demand. Improved refrigeration equipment and temperature controlled shipping containers offered by the logistics industry also impact the dry ice market.

    These developments guarantee the more effective transport and preservation of dry ice, which helps businesses grow. Furthermore, businesses in North America are forced to deal with legally imposed safety requirements for the transport of dangerous goods, which further strengthens the role of dry ice in different processes. All these factors, along with increased, emerging user industries and other construction measures like those related to environmental protection, suggest that participants in the North American dry ice market will have a lot of opportunities.

    Market Segment Insights

    North America Dry Ice Market Segment Insights

    North America Dry Ice Market Segment Insights

    Dry Ice Market Dry Ice Type Insights

    Dry Ice Market Dry Ice Type Insights

    The North America Dry Ice Market, reflecting a robust and expanding industry, showcases extensive usage with a focus on various Dry Ice Types, which encompass Pellets, Blocks, and Others. Each of these types serves distinct applications, addressing diverse market needs. Pellets are particularly favored in the transportation of temperature-sensitive goods due to their ability to maintain low temperatures for extended periods, especially for food and medical products. Blocks are often utilized in larger volume applications, providing a more extended cooling duration, making them ideal for shipping larger items or packaging that requires stable temperature control over time.

    The "Others" category includes unique shapes and forms of dry ice, catering to niche markets and specialized industry requirements. As the demand for dry ice continues to grow, driven by increasing industrial applications, the relevance of these types is becoming increasingly significant. Moreover, sustainable practices and environmental considerations are driving innovations in the production and usage of dry ice, prompting players in the North America Dry Ice Market to adapt and explore more efficient manufacturing processes and distribution strategies.

    This evolving landscape offers numerous opportunities for growth and expansion, as companies strive to meet the changing demands of consumers and industries alike. The North America Dry Ice Market segmentation, reflecting the diversity within the Dry Ice Type category, allows for targeted strategies to cater to various user needs while capitalizing on the expanded market growth.

    Dry Ice Market Dry Ice Application Insights

    Dry Ice Market Dry Ice Application Insights

    The Dry Ice Application segment within the North America Dry Ice Market shows significant expansion, contributing to the growth trends observed in various industries. The Food and Beverages sector greatly emphasizes the importance of dry ice for preserving food quality during transportation and storage, ensuring that perishables maintain their integrity. The Storage and Transportation sector also remains a crucial area, facilitating the safe and efficient shipment of temperature-sensitive goods, which has been increasingly vital in e-commerce and logistics.

    In the Healthcare industry, dry ice plays an essential role in the transportation of biological specimens and pharmaceuticals, ensuring compliance with strict regulatory requirements. The Industrial Cleaning sector has seen notable advancements in using dry ice for cleaning applications due to its effectiveness in removing contaminants without damaging surfaces. Lastly, other applications encompass various niche uses across multiple industries, highlighting the versatility of dry ice. Overall, the increasing awareness regarding its safety and efficiency solidifies its position as an indispensable resource in several key areas across North America.

    The revenue growth and expansion observed in these sectors reflect their importance in driving the North America Dry Ice Market statistics forward.

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

    Key Players and Competitive Insights

    The North America Dry Ice Market has been witnessing a consistent growth trend driven by the increasing demand across various industries, particularly in healthcare, food processing, and logistics. The market landscape is characterized by a mix of established players and emerging companies that are intensifying competition. As companies strive to capture more market share, they are focusing on enhancing their production capabilities, improving delivery efficiency, and expanding their distribution networks. Technological advancements and strategic partnerships are also playing a significant role in shaping the competitive dynamics of the market.

    The shifts in consumer preferences towards sustainable and technologically advanced solutions further contribute to a rapidly evolving marketplace, where innovation is a key differentiator among competitors. Cardinal Health has established itself as a significant player in the North America Dry Ice Market, leveraging its extensive distribution network and robust logistics capabilities to serve various industries effectively. The company possesses a strong presence in the healthcare sector, where it supports medical and pharmaceutical applications that often require dry ice for safe transport and storage of temperature-sensitive products.

    Cardinal Health’s strengths lie in its comprehensive understanding of regulatory requirements and a commitment to quality standards, ensuring that clients receive reliable and compliant products. Moreover, their longstanding relationships with suppliers and customers enhance their market position, allowing them to respond quickly to the dynamic needs of the market. Quincy Compressor operates within the North America Dry Ice Market with a focus on providing high-quality compressed air solutions that are essential for the production and storage of dry ice.

    The company has carved a niche for itself by offering advanced technology and innovative products aimed at improving operational efficiency in the dry ice manufacturing process. With a strong emphasis on customer service and support, Quincy Compressor ensures that their clients can rely on their equipment to maintain optimal production levels. Their strengths include a well-established presence not only in manufacturing but also through partnerships and collaborations that enhance market reach.

    Recent activities such as strategic mergers and acquisitions have further solidified their position within the region, allowing Quincy Compressor to expand its product offerings and improve service delivery, thus gaining a competitive edge in the North America Dry Ice Market.

    Key Companies in the North America Dry Ice Market market include

    Industry Developments

    The North America Dry Ice Market has seen notable developments in recent months, particularly influenced by the rising demand for dry ice in the food and beverage, healthcare, and logistics sectors. Cardinal Health and Air Products and Chemicals have been recognized for their investments in improving dry ice production capabilities to meet the increasing demand, particularly during the COVID-19 pandemic's vaccination logistics phase. 

    In October 2023, a significant merger occurred between Linde and Chemtron, enhancing Linde’s presence in the dry ice segment. The merger, which aimed to streamline operations and expand market share, reflects ongoing consolidation trends within the industry. Additionally, companies like Cold Jet and Superior Gas Solutions are focusing on innovative production technologies to reduce costs and improve sustainability in dry ice manufacturing. 

    Over the last couple of years, the market has experienced growth driven by the expansion of e-commerce and the rising need for temperature-sensitive logistics, fundamentally impacting operational frameworks for companies like Matheson TriGas and American Dry Ice. The forecast indicates a continued upward trajectory for the North American Dry Ice Market, fueled by advancements in production techniques and the persistent demand for reliable cold chain solutions.

    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 91.3(USD Million)
    Market Size 2024 99.3(USD Million)
    Market Size 2035 232.19(USD Million)
    Compound Annual Growth Rate (CAGR) 8.028% (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 Cardinal Health, Quincy Compressor, ECO 2, Superior Gas Solutions, Continental Carbonic Products, Cold Jet, American Dry Ice, Dry Ice Corp, Chemtron, Air Products and Chemicals, Linde, Innocent Air, Matheson TriGas, Airgas, Polar Tech
    Segments Covered Dry Ice Type, Dry Ice Application
    Key Market Opportunities Rising demand in food preservation, Growth in medical transportation sector, Expansion of e-commerce and logistics, Increasing industrial applications, Sustainability initiatives promoting alternatives
    Key Market Dynamics rising demand for cryogenic applications, growing food and beverage industry, increasing need for medical transport, environmental regulations on refrigerants, technological advancements in production methods
    Countries Covered US, Canada

    FAQs

    What was the expected market size of the North America Dry Ice Market in 2024?

    The North America Dry Ice Market was valued at 99.3 million USD in 2024.

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

    By 2035, the North America Dry Ice Market is projected to reach a value of 232.19 million USD.

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

    The expected CAGR for the North America Dry Ice Market from 2025 to 2035 is 8.028 percent.

    Which dry ice type holds the largest market share in North America?

    Pellets are the largest segment, valued at 50.0 million USD in 2024.

    What is the market size for the block segment of the North America Dry Ice Market in 2024?

    The block segment of the North America Dry Ice Market is valued at 30.0 million USD in 2024.

    What is the projected market size for the 'Others' segment by 2035?

    The 'Others' segment is expected to reach 37.19 million USD by 2035.

    Who are the key players in the North America Dry Ice Market?

    Key players include Cardinal Health, Cold Jet, Linde, and Matheson TriGas among others.

    What are the main applications driving the growth of the North America Dry Ice Market?

    The primary applications include food preservation, shipping pharmaceuticals, and industrial cleaning.

    How is the North America Dry Ice Market expected to evolve in terms of opportunities?

    The market is anticipated to grow due to increased demand in the food and healthcare sectors.

    What challenges might the North America Dry Ice Market face in the coming years?

    Potential challenges include regulatory issues and competition from alternative cooling technologies.

    Report Infographic
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    “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.”

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