Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 114.23 Million | USD 157.04 Million | 3.60% | 2023 |
The global dry ice blasting machine market size was worth around USD 114.23 million in 2023 and is predicted to grow to around USD 157.04 million by 2032 with a compound annual growth rate (CAGR) of roughly 3.60% between 2024 and 2032.
A dry ice blasting machine is a piece of cleaning equipment with industrial applications. It is used in the process of dry ice blasting which is a form of modern industrial cleaning. The process mainly focuses on three scientific principles that are thermal shock, kinetic energy, and sublimation. Dry ice blasting is useful in removing residues. It does not lead to the generation of secondary waste, unlike other alternate solutions. Dry ice blasting machines work in tandem with other machines which are dry ice pellets and an air compressor. The growing demand for industrial cleaning using dry ice blasting methods is driving the demand for machines facilitating the process. It is an environmentally friendly method of cleaning that allows users to gently clean surfaces and industrial equipment. Dry ice blasting machines have applications across industries such as aerospace, automotive, food & beverage, and electronics & electrical sectors. Dry ice blasting is also known to restrict the growth of bacteria since it can put a halt to the growth of spores and fungi. Moreover, it also limits the presence of several other types of biological contaminants. Dry ice is produced when carbon dioxide is solidified at -79°C. Due to the non-toxic attribute of dry ice blasting the process has gained several consumers across end-user verticals thus driving the revenue for machines facilitating dry ice blasting.
Growing demand in the aerospace sector will drive the market growth rate
The global dry ice blasting machine market is expected to witness high growth in the aerospace sector. The machine is helpful in cleaning essential aircraft parts such as engines, electrical components, and other surfaces. It is used for removing molds that can be found in several corners of an aircraft or other surfaces for seamless operation at an airport. Dry ice cleaning is non-abrasive which means that it can be used for cleaning sensitive and delicate surfaces that may not be allowed by other cleaning solutions. Since dry ice blasting is non-conductive, it is also safe to be used for cleaning electrical components. The increasing number of commercial and military aircrafts as well as rising investments in the construction of more functional and state-of-the-art airports is expected to drive the demand for dry ice blasting machines. Moreover, the industry can also benefit from the growing focus on developing more efficient aircrafts for commercial use. In November 2023, Boom Supersonic, a company focusing on the world’s fastest airliner, announced several milestones achieved by the company in relation to the Symphony engine, Overture airliner, and the XB-1 supersonic demonstrator programs. The total funds that the company has received so far have reached USD 700 million. As per official reports, the global air passenger demand is projected to increase by 2 times in the next 20 years resulting in creating a more robust infrastructure for travel by airways.
Increase in demand for sustainable and environmentally friendly cleaning solutions will fuel the market expansion rate
Industrial cleaning can sometimes also act as an environmental pollutant, especially chemical-based processes. They are known to generate higher quantities of toxic waste. Additionally, most cleaning processes are energy-intensive. These factors have resulted in an increased demand for cleaning methods that do not have a negative impact on the environment and are equally efficient in cleaning. Dry ice blasting machines meet the growing environmentally-conscious decisions of companies and organizations. The products available in the global dry ice blasting machine market use dry ice pellets that are a form of pure carbon dioxide. Hence, their application does not result in the formation of any form of toxic residue.
High cost of equipment and training requirements for users will restrict the market expansion trend
The global industry for dry ice blasting machine faces growth limitations in the form of high cost of the equipment. Machines used for dry ice blasting are expensive and they also demand the installation of supporting tools such as dry ice pellets or air compressors. Superior quality machines with extended applications can cost between USD 40000 to USD 100,000. The associated expense further increases due to the additional charges for acquiring dry ice pellets. Additionally, the human workforce has to be trained which adds to the overall cost of using the machines.
Launch of new solutions with exceptional features will promote extensive market development
The global dry ice blasting machine market is expected to generate growth opportunities due to the growing introduction of new solutions in the commercial market. The willingness of the companies to invest in high-performance dry ice blasting machines is expected to drive innovation. For instance, Cryonomic launched the novel COB81 dry ice cleaning machine which is the next generation of the COB62plus for improving the overall blasting experience. The machine is powered by the patented CRYONOMIC® technology and it can also be used as a dry ice grit blaster. The machine requires less compressed air as compared to other solutions and it can hold up to 17 kg dry ice. Another Latin American firm Cold Jet launched the IceRocket dry ice blasting machine. The equipment is an entry-level solution and delivers exceptional performance with limited downtime. The company has invested in designing the tool with a direct airflow path thus providing a wide range of blasting applications.
Expansion into new territories especially countries with high infrastructure development projects may help the industry thrive
Manufacturers of dry ice blasting machines must target new markets and expand into emerging countries. These nations are witnessing a surge in infrastructure development programs which could lead to greater consumption of environmentally-friendly industrial cleaning solutions. Additionally, the growing rate of partnerships, acquisitions, and mergers may also contribute to the market’s growth rate. For instance, Slovakia-based ICS, a dry cleaning systems solutions provider, announced the commencement of a new partnership with Multico. Through this agreement, the latter has now become the distributor of dry ice cleaning systems by ICS in Romania thus contributing to the global dry ice blasting machine market.
Availability of other more affordable cleaning solutions may challenge the market expansion rate
The global dry ice blasting machine market will be challenged due to the availability of an extensive number of alternate solutions that are more cost-effective. Some examples are water blasting, sandblasting, steam cleaning, chemical cleaning, and cryogenic blasting. Each method offers specific advantages and hence enjoys certain applications across industries. Due to the presence of several other options, the consumer group is highly fragmented.
The global dry ice blasting machine market is segmented based on application, type, and region.
Based on the application, the global market segments are commercial applications, the food industry, industrial applications, the electrical industry, and others. In 2023, the highest growth was witnessed in the industrial application segment driven by the growing use of dry ice blasting machines across industries for surface preparation, mold removal, and cleaning of heavy machines. The food & beverages industry is a key growth driver of dry ice blasting machines since the method is non-toxic and does not lead to the creation of extra waste. By 2030, as per official projections, the World cereal equivalent (CE) food demand is expected to reach 10,094 million tons.
Based on the type, the global market segments are portable type and fixed type. The demand was the highest for the portable type segment in 2023. They are easy to carry due to their lightweight structure. Most portable dry ice blasting machines are equipped with wheels for easy movement. However, they have limited applications. The fixed variant can be used for exhaustive cleaning and is mostly installed in large-scale facilities. The average consumption of dry ice pellets for a MicroParticle system ranges between 0.7 lbs per minute to 2 1/2 lbs per minute.
Report Attributes | Report Details |
---|---|
Report Name | Dry Ice Blasting Machine Market |
Market Size in 2023 | USD 114.23 Million |
Market Forecast in 2032 | USD 157.04 Million |
Growth Rate | CAGR of 3.60% |
Number of Pages | 210 |
Key Companies Covered | Aquila Triventek, Tooice, CMW CO2 Technologies, IceTech, TOMCO2 Systems, Karcher, ICS Ice Cleaning Systems, CryoCleen, Cold Jet, Cool Blast Equipment, ASCO Carbon Dioxide, Continental Carbonic, ARTIMPEX N.V. (Cryonomic), Phoenix Unlimited, CryoSnow., and others. |
Segments Covered | By Application, By Type, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Europe to continue leading the industry growth rate during the projection period
The global dry ice blasting machine market is expected to witness the highest growth in Europe. The most famous and well-regarded dry ice blasting machines are made in European nations such as Germany, Denmark, Belgium, and others. These regions boast of a robust industrial equipment manufacturing ecosystem. In February 2022, Belgium-based Cryonomic announced that it had partnered with a new distributor in the Southeast USA. Cryonimic has collaborated with Dry Ice Clean USA which will manage the sales of the equipment in the region and also act as the support center for post and pre-sale activities. This has allowed Cryonomic to expand its territorial presence. North America will also register significant revenue driven by the growing demand for dry ice blasting machines in the countries of the USA and Canada. These regions are dominated by several domestic players such as Noble Tech Inc. and Phoenix Unlimited LLC. The end-user demand for dry ice blasting solutions is growing rapidly across industries such as aerospace and automotive. Asia-Pacific holds high growth potential. The increasing rate of infrastructure development projects in Canada, India, and Japan may deliver the required consumer groups for further revenue.
The global dry ice blasting machine market is led by players like:
By Application
By Type
FrequentlyAsked Questions
A dry ice blasting machine is a piece of cleaning equipment with industrial applications.
The global dry ice blasting machine market is expected to witness high growth in the aerospace sector.
According to study, the global dry ice blasting machine market size was worth around USD 114.23 million in 2023 and is predicted to grow to around USD 157.04 million by 2032.
The CAGR value of dry ice blasting machine market is expected to be around 3.60% during 2024-2032.
The global dry ice blasting machine market is expected to witness the highest growth in Europe.
The global dry ice blasting machine market is led by players like Aquila Triventek, Tooice, CMW CO2 Technologies, IceTech, TOMCO2 Systems, Karcher, ICS Ice Cleaning Systems, CryoCleen, Cold Jet, Cool Blast Equipment, ASCO Carbon Dioxide, Continental Carbonic, ARTIMPEX N.V. (Cryonomic), Phoenix Unlimited and CryoSnow.
The report explores crucial aspects of the dry ice blasting machine market including detailed discussion of existing growth factors and restraints while also browsing future growth opportunities and challenges that impact the market.
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