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    US Dry Ice Market

    ID: MRFR/F-B & N/18299-HCR
    128 Pages
    Snehal Singh
    September 2025

    US 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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    US Dry Ice Market Infographic
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    US Dry Ice Market Summary

    The US Dry Ice market is projected to grow from 70 million USD in 2024 to 170 million USD by 2035, indicating robust expansion.

    Key Market Trends & Highlights

    US Dry Ice Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate (CAGR) of 8.4 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 170 million USD, reflecting a substantial increase from 70 million USD in 2024.
    • The growth trajectory suggests a rising demand for dry ice across various industries in the United States.
    • Growing adoption of dry ice in food preservation due to its efficiency is a major market driver.

    Market Size & Forecast

    2024 Market Size 70 (USD Million)
    2035 Market Size 170 (USD Million)
    CAGR (2025-2035) 8.4%

    Major Players

    Innovative Refrigeration Systems, Air Products and Chemicals, Ecolab, Linde, Matheson TriGas, Polar Ice, Cryotech, American Gas Products, Superior Gas Solutions, Frozen Carbonic, Airgas, Praxair, Tru Cool, Continental Carbonic Products

    US Dry Ice Market Trends

    The US Dry Ice Market has been experiencing significant transformations that reflect changing consumer needs and industrial applications. One of the key market drivers is the increasing demand for dry ice in the food and beverage industry, particularly for the transportation of perishable goods. The uptick in e-commerce has also heightened this need, as companies look for efficient ways to ship products while maintaining their quality. Additionally, the healthcare sector is a major contributor, utilizing dry ice for the storage and transportation of biological samples and pharmaceuticals. 

    Opportunities in the US market are expanding with the rise of innovative applications of dry ice, such as in the cleaning industry, where it is used for dry ice blasting to remove contaminants without damaging surfaces.The trend of sustainability is prompting companies to explore carbon capture and recycling technologies, creating avenues for producing dry ice in a more environmentally friendly way. Recent times have shown a clear trend towards the adoption of dry ice solutions in event management and catering services, as they provide a visually appealing way to create fog effects and preserve food freshness.

    Furthermore, advances in dry ice manufacturing technology are contributing to better efficiency and cost-effectiveness in production. Overall, the dynamics of the US Dry Ice Market are increasingly driven by the interplay of industrial needs, innovative applications, and environmental considerations, making it a vibrant and evolving landscape.

    Market Segment Insights

    Dry Ice Market Dry Ice Type Insights

    The US Dry Ice Market is segmented into various classifications, with the Dry Ice Type being a critical aspect of this industry. This segment generally encompasses different forms of dry ice, which are essential in maintaining various temperature-sensitive products during transport and storage processes. Within this segment, Pellets, Blocks, and Others are commonly identified.

    Pellets are notably popular due to their versatility and suitability for numerous applications, from blast freezing to using in the food industry, enhancing market demand.Blocks, on the other hand, tend to be favored for their extended sublimation duration, serving purposefully in situations where prolonged cooling is necessary, such as in shipping and industrial applications. 

    The "Others" category encapsulates a range of specialized ice forms, each tailored for specific applications, thus catering to diverse market needs. In recent years, the growth drivers for the Dry Ice Type segment have been influenced by the increased emphasis on food safety and quality, necessitating adequate cooling solutions for the transportation of perishable goods.Furthermore, the growth of e-commerce, particularly in delivering temperature-sensitive products, has enhanced the importance of dry ice usage across multiple industries. However, challenges such as rising production costs and environmental concerns regarding carbon dioxide emissions continue to shape the landscape of the US Dry Ice Market. 

    With sustainability gaining traction, companies are exploring ways to optimize their processes while meeting regulatory standards and consumer expectations for eco-friendly practices. Insights into the US Dry Ice Market indicate a dynamic evolution within the Dry Ice Type segment, presenting plentiful opportunities for innovation and market expansion moving forward.The market is thus set to adapt to changing consumer preferences, alongside the overarching trends of e-commerce growth and increased demand for safe and efficient logistics solutions.

    As companies innovate within this sector, they are likely to introduce enhanced products that meet both performance and environmental demands, thus broadening the scope of applications for dry ice across numerous industries.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Dry Ice Market Dry Ice Application Insights

    The Dry Ice Application segment in the US Dry Ice Market reflects a diverse range of uses across various industries, driving both innovation and demand. The Food and Beverages sector significantly utilizes dry ice for preserving food quality and freshness during transportation, thereby enhancing shelf life and reducing spoilage. In the Storage and Transportation domain, the ability of dry ice to maintain low temperatures is fundamental, especially for the safe transit of temperature-sensitive goods.

    Healthcare applications also rely on dry ice, particularly in vaccine distribution, where temperature control is critical for maintaining efficacy.Industrial Cleaning employs dry ice in cleaning processes, leveraging its effectiveness in removing residues and contaminants without damaging surfaces. Additionally, the Others category encompasses emerging uses in various fields, indicating a growing trend towards adopting dry ice technology in innovative applications. The US Dry Ice Market segmentation showcases not only the versatility of dry ice but also highlights the potential for growth and a substantial impact across multiple industries, positioning the market for continued expansion in the foreseeable future.

    Get more detailed insights about US Dry Ice Market Research Report — Forecast till 2035

    Key Players and Competitive Insights

    The US Dry Ice Market is a dynamic sector marked by intense competition and a rapidly evolving landscape driven by various industries relying on dry ice for their logistic and operational needs. Factors such as food preservation, pharmaceuticals, and industrial applications are significantly influencing market demand. The competitive landscape is characterized by key players that utilize innovative technologies, strategic alliances, and robust distribution networks to gain a competitive edge. Companies in the dry ice market are continuously seeking to optimize production efficiencies and expand their market footprint, addressing the increasing needs of both local and national customers.

    As environmental considerations become more prominent, competition is also fostering advancements in sustainable practices and eco-friendly production methods.Innovative Refrigeration Systems has established a commendable presence in the US Dry Ice Market by focusing on cutting-edge refrigeration solutions tailored specifically for dry ice storage and transportation. The company is known for its ability to deliver high-quality dry ice products, ensuring consistent supply to various industries while maintaining strict quality standards. Its strengths include innovative technology implementations that lead to enhanced operational efficiency. 

    Additionally, Innovative Refrigeration Systems has built strong relationships with clients, allowing for customized solutions that meet specific customer demands. This customer-centric approach, combined with a commitment to innovation, positions the company favorably within a competitive market, where responsiveness to changing needs is key.Air Products and Chemicals operates as a prominent player in the US Dry Ice Market, delivering a wide range of industrial gases and related equipment, including dry ice. The company is recognized for its robust portfolio of products and services tailored to various applications across industries, such as food and beverage, healthcare, and logistics.

    Air Products and Chemicals leverage its extensive distribution network and logistical capabilities, ensuring a steady supply of dry ice to customers nationwide. His organization places a strong emphasis on innovation and has made strategic investments in technology to enhance production efficiencies. Moreover, the company engages in continuous growth through mergers and acquisitions, allowing it to broaden its market presence and further solidify its competitive advantage in delivering high-quality dry ice solutions to its clients across the United States.

    Key Companies in the US Dry Ice Market market include

    Industry Developments

    The US Dry Ice Market has experienced notable developments recently, particularly driven by the increasing demand for dry ice in the food and beverage, healthcare, and logistics sectors. Companies like Innovative Refrigeration Systems and Air Products and Chemicals have expanded their production capacity to meet rising needs. Notably, in September 2023, Polar Ice opened a new facility to enhance its dry ice distribution network in the northeastern United States, which is expected to strengthen supply chains in the region.

    On the merger and acquisition front, Ecolab acquired a significant stake in Cryotech in June 2023, aiming to broaden its dry ice offerings in the healthcare industry. This strategic move aligns with the growing market for temperature-sensitive products, particularly amid ongoing pandemic-related challenges. In terms of market valuation, Linde reported a growth increase of approximately 8% in their dry ice sales for the second quarter of 2023, driven by high demands in transportation and storage solutions.

    Major happenings in the US Dry Ice Market over the past few years include advancements in production techniques and sustainable practices adopted by key players like Matheson TriGas and Ecolab, which focus on reducing environmental impact while meeting market challenges.

    Market Segmentation

    Dry Ice Market Dry Ice Type Outlook

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

    Dry Ice Market Dry Ice Application Outlook

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

    Report Scope

    Report Scope:
    Report Attribute/Metric Source: Details
    MARKET SIZE 2018 63.91(USD Million)
    MARKET SIZE 2024 70.0(USD Million)
    MARKET SIZE 2035 170.0(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 8.401% (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 Innovative Refrigeration Systems, Air Products and Chemicals, Ecolab, Linde, Matheson TriGas, Polar Ice, Cryotech, American Gas Products, Superior Gas Solutions, Frozen Carbonic, Airgas, Praxair, Tru Cool, Continental Carbonic Products
    SEGMENTS COVERED Dry Ice Type, Dry Ice Application
    KEY MARKET OPPORTUNITIES Increased demand for cold storage, Growth in food and beverage sector, Rising pharmaceuticals and healthcare needs, Expanding logistics and transportation services, Growth of e-commerce delivery solutions
    KEY MARKET DYNAMICS increasing demand in logistics, rising use in food preservation, growing healthcare applications, climate change regulations, competitive pricing pressures
    COUNTRIES COVERED US

    FAQs

    What is the expected market size of the US Dry Ice Market in 2024?

    The US Dry Ice Market is expected to be valued at 70.0 million USD in 2024.

    What will be the projected value of the US Dry Ice Market by 2035?

    The market is projected to reach 170.0 million USD by the year 2035.

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

    The anticipated CAGR for the US Dry Ice Market from 2025 to 2035 is 8.401%.

    Which type of dry ice is expected to dominate the market in 2024?

    In 2024, the pellets segment is expected to dominate with an estimated value of 30.0 million USD.

    What is the projected value of the blocks segment of the US Dry Ice Market in 2035?

    The blocks segment is projected to be valued at 60.0 million USD by 2035.

    Which organizations are major players in the US Dry Ice Market?

    Key players include Innovative Refrigeration Systems, Linde, Ecolab, and Air Products and Chemicals.

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

    The 'Others' type segment is expected to reach a market size of 30.0 million USD by 2035.

    What is driving the growth of the US Dry Ice Market?

    The growth is primarily driven by the increasing demand for dry ice in food preservation and industrial applications.

    How does the current market size compare between different dry ice types in 2024?

    In 2024, pellets, blocks, and others are valued at 30.0 million USD, 25.0 million USD, and 15.0 million USD, respectively.

    What challenges may the US Dry Ice Market face in the future?

    The market may face challenges related to production costs and competition from alternative cooling solutions.

    US Dry Ice Market Research Report — Forecast till 2035 Infographic
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