From 2025 through mid‑2026, the global carbon dioxide market demonstrated steady growth amid seasonal fluctuations and regional supply variations. The global market was valued at approximately USD 11.90 billion in 2025, with projections reaching USD 16.30 billion by 2034 at a CAGR of 3.60%. In China, the world‘s largest CO₂ market, prices oscillated between 310‑340 RMB/ton in H1 2025, softened to 321 RMB/ton in Q4, and hit lows of 310 RMB/ton in early 2026 before recovering to 329 RMB/ton by mid‑June as summer demand for dry ice surged and intensive plant maintenance tightened supply. Regional price disparities remain significant, with Northeast China commanding the highest prices. Emerging applications — including EV battery cleaning and semiconductor manufacturing — are creating new demand drivers alongside traditional uses in food, beverage, and metal fabrication. The Asia‑Pacific region dominates with 46% market share. Looking ahead, seasonal strength and structural industrial grow