The demand for dry ice is not seeing as much growth as might have been expected, according to K.K. Gas Review.

The amount of dry ice produced during the 2007 summer season in terms of figures has already been established for the April-June period, up 85% over the same period of the previous year at 72,490 tonnes. However there was only a slight growth of 2-3% during the 2 month period of July and August, with the growth rate slack compared to the April-June period.

Demand for dry ice, which has traditionally been a seasonal item, has recently been shifting to being supplied by short distance transport by consumer’s cooperative society (co-op) and courier services which are not affected by temperature or weather. This is considered to be part of the reason for the reduced rate of growth.

The dry ice industry as a whole, has greatly changed during the past few years with reorganisations and mergers.

The main producers in this market right now are Air Water Tansan (AW Tansan), Showa Tansan, Iwatani Carbonics and Nippon Tansan. AW Tansan holds the largest share of the market with 41%, taking the leading position through mergers and acquisitions involving the CO2 and dry ice businesses of Mitsubishi Rayon and Praxair.

Nippon Tansan is due to merge with Ekika Carbon Dioxide this year and emerge as the new entity Nippon Ekitan, further enhancing the enterprise’s presence and position in the market.