What is the Carbon Dioxide Production industry?
Echoing the general Industrial Gases Manufacturing industry, the Carbon Dioxide Production industry displays a moderate degree of industry concentration. Global giants BOC and Air Liquide dominate the industry, accounting for over 60% of industry sales. This reflects the vertically integrated nature of the two companies, which dominate the industry along its supply chain and on a nationwide basis. For example, BOC has carbon dioxide production or filling facilities in each state. In addition to carbon dioxide recovery units, both companies operate large-scale air separation units where carbon dioxide is produced as a by-product. They are therefore in a position to benefit from both economies of scale and scope... purchase to read more