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North America Carbon Dioxide Market Size, Share & Trends Analysis Report By Application, By Form, By Source (Ethyl Alcohol, Hydrogen, Ethylene Oxide, Substitute Natural Gas, and Others), By Country and Growth Forecast, 2023 - 2030

Published Date : 26-Mar-2024

Pages: 124

Formats: PDF

The North America Carbon Dioxide Market would witness market growth of 4.4% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 10,483.22 kilo tonnes, showcasing a growth of 1.8% (2019-2022).

In the carbon dioxide (CO2) market, one of the most significant sectors is food and beverages. CO2 is extensively used in this industry for various purposes, with one primary application being carbonation. CO2 is dissolved into beverages such as soda, beer, and sparkling water to create the desired level of fizziness, enhancing taste and mouthfeel. This process is crucial for producing a wide range of carbonated drinks that consumers enjoy worldwide. Therefore, the US Market consumed 1,300.01 Kilo Tones in the market in 2022.

North America Carbon Dioxide Market

The US market dominated the North America Carbon Dioxide Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $4,205.9 Million by 2030. The Canada market is experiencing a CAGR of 6.8% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 5.9% during (2023 - 2030).

Adopting (CO2) technologies and solutions is driven by various factors, including regulatory requirements, market incentives, technological advancements, and sustainability goals. Across industries, businesses and governments increasingly recognize the importance of mitigating CO2 emissions and leveraging CO2 for sustainable development. Advances in CO2 capture, utilization, and storage technologies drive adoption by improving efficiency, scalability, and cost-effectiveness. Innovations in materials science, process engineering, and catalysis enable the development of novel CO2-based products and processes. Technological advancements reduce barriers to adoption, making CO2 solutions more accessible and attractive to businesses seeking to decarbonize their operations.

Furthermore, companies are increasingly focusing on supply chain sustainability and assessing the environmental impact of their products throughout the value chain. Adopting CO2 technologies enables companies to reduce the carbon footprint of their products and supply chains by using recycled CO2 as a raw material, minimizing emissions from production processes, and promoting circular economy principles. Supply chain sustainability initiatives drive demand for CO2-neutral or CO2-negative products, influencing adoption in the CO2 market.

The expansion of the greenhouse sector in Canada leads to a higher demand for CO2 as a critical input for plant growth. The largest proportion of total sales was generated in Ontario (55.2%), with Quebec (13.2%) and British Columbia (21.4%) following suit. Furthermore, in 2021, greenhouse sales increased by 8.3% year-over-year to reach $3.8 billion, whereas nursery product sales increased by 4.3% to $747.5 million. Thus, the growth of the greenhouse industry and expanding renewable energy sector in the region drive the market’s growth.

Free Valuable Insights: The Carbon Dioxide Market is Predict to reach USD 14.9 Billion by 2030, at a CAGR of 4.9%

Based on Application, the market is segmented into Food & Beverages, Oil & Gas, Medical, Rubber, Firefighting, and Others. Based on Form, the market is segmented into Liquid, Gas, and Solid. Based on Source, the market is segmented into Ethyl Alcohol, Hydrogen, Ethylene Oxide, Substitute Natural Gas, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

  • SOL Group
  • India Glycols Limited
  • Gulf Cryo
  • Linde plc
  • Ellenbarrie Industrial Gases Limited
  • Taiyo Nippon Sanso Corporation (Mitsubishi Chemical Holdings)
  • Dubai Industrial Gas (Al Mana Group)
  • Buzwair Industrial Gases Factories (Buzwair Group)
  • Messer SE & Co. KGaA (Messer Industrie GmbH)
  • Acail Gas (Acail Group)

North America Carbon Dioxide Market Report Segmentation

By Application (Volume, kilo Tonnes, USD Billion, 2019-2030)

  • Food & Beverages
  • Oil & Gas
  • Medical
  • Rubber
  • Firefighting
  • Others

By Form (Volume, kilo Tonnes, USD Billion, 2019-2030)

  • Liquid
  • Gas
  • Solid

By Source (Volume, kilo Tonnes, USD Billion, 2019-2030)

  • Ethyl Alcohol
  • Hydrogen
  • Ethylene Oxide
  • Substitute Natural Gas
  • Others

By Country (Volume, kilo Tonnes, USD Billion, 2019-2030)

  • US
  • Canada
  • Mexico
  • Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Carbon Dioxide Market, by Application
1.4.2 North America Carbon Dioxide Market, by Form
1.4.3 North America Carbon Dioxide Market, by Source
1.4.4 North America Carbon Dioxide Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Opportunities
3.2.3 Market Restraints
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis

Chapter 4. Strategies Deployed in Carbon Dioxide Market

Chapter 5. North America Carbon Dioxide Market by Application
5.1 North America Food & Beverages Market by Country
5.2 North America Oil & Gas Market by Country
5.3 North America Medical Market by Country
5.4 North America Rubber Market by Country
5.5 North America Firefighting Market by Country
5.6 North America Others Market by Country

Chapter 6. North America Carbon Dioxide Market by Form
6.1 North America Liquid Market by Country
6.2 North America Gas Market by Country
6.3 North America Solid Market by Country

Chapter 7. North America Carbon Dioxide Market by Source
7.1 North America Ethyl Alcohol Market by Country
7.2 North America Hydrogen Market by Country
7.3 North America Ethylene Oxide Market by Country
7.4 North America Substitute Natural Gas market by Country
7.5 North America Others Market by Country

Chapter 8. North America Carbon Dioxide Market by Country
8.1 US Carbon Dioxide Market
8.1.1 US Carbon Dioxide Market by Application
8.1.2 US Carbon Dioxide Market by Form
8.1.3 US Carbon Dioxide Market by Source
8.2 Canada Carbon Dioxide Market
8.2.1 Canada Carbon Dioxide Market by Application
8.2.2 Canada Carbon Dioxide Market by Form
8.2.3 Canada Carbon Dioxide Market by Source
8.3 Mexico Carbon Dioxide Market
8.3.1 Mexico Carbon Dioxide Market by Application
8.3.2 Mexico Carbon Dioxide Market by Form
8.3.3 Mexico Carbon Dioxide Market by Source
8.4 Rest of North America Carbon Dioxide Market
8.4.1 Rest of North America Carbon Dioxide Market by Application
8.4.2 Rest of North America Carbon Dioxide Market by Form
8.4.3 Rest of North America Carbon Dioxide Market by Source

Chapter 9. Company Profiles
9.1 SOL Group
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional Analysis
9.1.4 Recent strategies and developments:
9.1.4.1 Partnerships, Collaborations, and Agreements:
9.1.4.2 Geographical Expansions:
9.1.5 SWOT Analysis
9.2 India Glycols Limited
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 SWOT Analysis
9.3 Gulf Cryo
9.3.1 Company Overview
9.3.2 Recent strategies and developments:
9.3.2.1 Partnerships, Collaborations, and Agreements:
9.3.2.2 Geographical Expansions:
9.3.3 SWOT Analysis
9.4 Linde PLC
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.6 SWOT Analysis
9.5 Ellenbarrie Industrial Gases Limited
9.5.1 Company Overview
9.5.2 SWOT Analysis
9.6 Taiyo Nippon Sanso Corporation (Mitsubishi Chemical Group Corporation)
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental Analysis
9.6.4 Research & Development Expenses
9.6.5 SWOT Analysis
9.7 Dubai Industrial Gas (Al Mana Group)
9.7.1 Company Overview
9.8 Buzwair Industrial Gases Factories (Buzwair Group)
9.8.1 Company Overview
9.9 Messer SE & Co. KGaA (Messer Industrie GmbH)
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Regional Analysis
9.9.4 Recent strategies and developments:
9.9.4.1 Geographical Expansions:
9.9.5 SWOT Analysis
9.10. Acail Gas (Acail Group)
9.10.1 Company Overview
TABLE 1 North America Carbon Dioxide Market, 2019 - 2022, USD Million
TABLE 2 North America Carbon Dioxide Market, 2023 - 2030, USD Million
TABLE 3 North America Carbon Dioxide Market, 2019 - 2022, Kilo Tonnes
TABLE 4 North America Carbon Dioxide Market, 2023 - 2030, Kilo Tonnes
TABLE 5 North America Carbon Dioxide Market by Application, 2019 - 2022, USD Million
TABLE 6 North America Carbon Dioxide Market by Application, 2023 - 2030, USD Million
TABLE 7 North America Carbon Dioxide Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 8 North America Carbon Dioxide Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 9 North America Food & Beverages Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Food & Beverages Market by Country, 2023 - 2030, USD Million
TABLE 11 North America Food & Beverages Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 North America Food & Beverages Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 North America Oil & Gas Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Oil & Gas Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Oil & Gas Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 North America Oil & Gas Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 North America Medical Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Medical Market by Country, 2023 - 2030, USD Million
TABLE 19 North America Medical Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 North America Medical Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 North America Rubber Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Rubber Market by Country, 2023 - 2030, USD Million
TABLE 23 North America Rubber Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 24 North America Rubber Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 25 North America Firefighting Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Firefighting Market by Country, 2023 - 2030, USD Million
TABLE 27 North America Firefighting Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 28 North America Firefighting Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 29 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 30 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 31 North America Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 32 North America Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 33 North America Carbon Dioxide Market by Form, 2019 - 2022, USD Million
TABLE 34 North America Carbon Dioxide Market by Form, 2023 - 2030, USD Million
TABLE 35 North America Carbon Dioxide Market by Form, 2019 - 2022, Kilo Tonnes
TABLE 36 North America Carbon Dioxide Market by Form, 2023 - 2030, Kilo Tonnes
TABLE 37 North America Liquid Market by Country, 2019 - 2022, USD Million
TABLE 38 North America Liquid Market by Country, 2023 - 2030, USD Million
TABLE 39 North America Liquid Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 North America Liquid Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 North America Gas Market by Country, 2019 - 2022, USD Million
TABLE 42 North America Gas Market by Country, 2023 - 2030, USD Million
TABLE 43 North America Gas Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 44 North America Gas Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 45 North America Solid Market by Country, 2019 - 2022, USD Million
TABLE 46 North America Solid Market by Country, 2023 - 2030, USD Million
TABLE 47 North America Solid Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 48 North America Solid Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 49 North America Carbon Dioxide Market by Source, 2019 - 2022, USD Million
TABLE 50 North America Carbon Dioxide Market by Source, 2023 - 2030, USD Million
TABLE 51 North America Carbon Dioxide Market by Source, 2019 - 2022, Kilo Tonnes
TABLE 52 North America Carbon Dioxide Market by Source, 2023 - 2030, Kilo Tonnes
TABLE 53 North America Ethyl Alcohol Market by Country, 2019 - 2022, USD Million
TABLE 54 North America Ethyl Alcohol Market by Country, 2023 - 2030, USD Million
TABLE 55 North America Ethyl Alcohol Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 56 North America Ethyl Alcohol Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 57 North America Hydrogen Market by Country, 2019 - 2022, USD Million
TABLE 58 North America Hydrogen Market by Country, 2023 - 2030, USD Million
TABLE 59 North America Hydrogen Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 60 North America Hydrogen Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 61 North America Ethylene Oxide Market by Country, 2019 - 2022, USD Million
TABLE 62 North America Ethylene Oxide Market by Country, 2023 - 2030, USD Million
TABLE 63 North America Ethylene Oxide Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 64 North America Ethylene Oxide Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 65 North America Substitute Natural Gas market by Country, 2019 - 2022, USD Million
TABLE 66 North America Substitute Natural Gas market by Country, 2023 - 2030, USD Million
TABLE 67 North America Substitute Natural Gas Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 68 North America Substitute Natural Gas Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 69 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 70 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 71 North America Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 72 North America Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 73 North America Carbon Dioxide Market by Country, 2019 - 2022, USD Million
TABLE 74 North America Carbon Dioxide Market by Country, 2023 - 2030, USD Million
TABLE 75 North America Carbon Dioxide Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 76 North America Carbon Dioxide Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 77 US Carbon Dioxide Market, 2019 - 2022, USD Million
TABLE 78 US Carbon Dioxide Market, 2023 - 2030, USD Million
TABLE 79 US Carbon Dioxide Market, 2019 - 2022, Kilo Tonnes
TABLE 80 US Carbon Dioxide Market, 2023 - 2030, Kilo Tonnes
TABLE 81 US Carbon Dioxide Market by Application, 2019 - 2022, USD Million
TABLE 82 US Carbon Dioxide Market by Application, 2023 - 2030, USD Million
TABLE 83 US Carbon Dioxide Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 84 US Carbon Dioxide Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 85 US Carbon Dioxide Market by Form, 2019 - 2022, USD Million
TABLE 86 US Carbon Dioxide Market by Form, 2023 - 2030, USD Million
TABLE 87 US Carbon Dioxide Market by Form, 2019 - 2022, Kilo Tonnes
TABLE 88 US Carbon Dioxide Market by Form, 2023 - 2030, Kilo Tonnes
TABLE 89 US Carbon Dioxide Market by Source, 2019 - 2022, USD Million
TABLE 90 US Carbon Dioxide Market by Source, 2023 - 2030, USD Million
TABLE 91 US Carbon Dioxide Market by Source, 2019 - 2022, Kilo Tonnes
TABLE 92 US Carbon Dioxide Market by Source, 2023 - 2030, Kilo Tonnes
TABLE 93 Canada Carbon Dioxide Market, 2019 - 2022, USD Million
TABLE 94 Canada Carbon Dioxide Market, 2023 - 2030, USD Million
TABLE 95 Canada Carbon Dioxide Market, 2019 - 2022, Kilo Tonnes
TABLE 96 Canada Carbon Dioxide Market, 2023 - 2030, Kilo Tonnes
TABLE 97 Canada Carbon Dioxide Market by Application, 2019 - 2022, USD Million
TABLE 98 Canada Carbon Dioxide Market by Application, 2023 - 2030, USD Million
TABLE 99 Canada Carbon Dioxide Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 100 Canada Carbon Dioxide Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 101 Canada Carbon Dioxide Market by Form, 2019 - 2022, USD Million
TABLE 102 Canada Carbon Dioxide Market by Form, 2023 - 2030, USD Million
TABLE 103 Canada Carbon Dioxide Market by Form, 2019 - 2022, Kilo Tonnes
TABLE 104 Canada Carbon Dioxide Market by Form, 2023 - 2030, Kilo Tonnes
TABLE 105 Canada Carbon Dioxide Market by Source, 2019 - 2022, USD Million
TABLE 106 Canada Carbon Dioxide Market by Source, 2023 - 2030, USD Million
TABLE 107 Canada Carbon Dioxide Market by Source, 2019 - 2022, Kilo Tonnes
TABLE 108 Canada Carbon Dioxide Market by Source, 2023 - 2030, Kilo Tonnes
TABLE 109 Mexico Carbon Dioxide Market, 2019 - 2022, USD Million
TABLE 110 Mexico Carbon Dioxide Market, 2023 - 2030, USD Million
TABLE 111 Mexico Carbon Dioxide Market, 2019 - 2022, Kilo Tonnes
TABLE 112 Mexico Carbon Dioxide Market, 2023 - 2030, Kilo Tonnes
TABLE 113 Mexico Carbon Dioxide Market by Application, 2019 - 2022, USD Million
TABLE 114 Mexico Carbon Dioxide Market by Application, 2023 - 2030, USD Million
TABLE 115 Mexico Carbon Dioxide Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 116 Mexico Carbon Dioxide Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 117 Mexico Carbon Dioxide Market by Form, 2019 - 2022, USD Million
TABLE 118 Mexico Carbon Dioxide Market by Form, 2023 - 2030, USD Million
TABLE 119 Mexico Carbon Dioxide Market by Form, 2019 - 2022, Kilo Tonnes
TABLE 120 Mexico Carbon Dioxide Market by Form, 2023 - 2030, Kilo Tonnes
TABLE 121 Mexico Carbon Dioxide Market by Source, 2019 - 2022, USD Million
TABLE 122 Mexico Carbon Dioxide Market by Source, 2023 - 2030, USD Million
TABLE 123 Mexico Carbon Dioxide Market by Source, 2019 - 2022, Kilo Tonnes
TABLE 124 Mexico Carbon Dioxide Market by Source, 2023 - 2030, Kilo Tonnes
TABLE 125 Rest of North America Carbon Dioxide Market, 2019 - 2022, USD Million
TABLE 126 Rest of North America Carbon Dioxide Market, 2023 - 2030, USD Million
TABLE 127 Rest of North America Carbon Dioxide Market, 2019 - 2022, Kilo Tonnes
TABLE 128 Rest of North America Carbon Dioxide Market, 2023 - 2030, Kilo Tonnes
TABLE 129 Rest of North America Carbon Dioxide Market by Application, 2019 - 2022, USD Million
TABLE 130 Rest of North America Carbon Dioxide Market by Application, 2023 - 2030, USD Million
TABLE 131 Rest of North America Carbon Dioxide Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 132 Rest of North America Carbon Dioxide Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 133 Rest of North America Carbon Dioxide Market by Form, 2019 - 2022, USD Million
TABLE 134 Rest of North America Carbon Dioxide Market by Form, 2023 - 2030, USD Million
TABLE 135 Rest of North America Carbon Dioxide Market by Form, 2019 - 2022, Kilo Tonnes
TABLE 136 Rest of North America Carbon Dioxide Market by Form, 2023 - 2030, Kilo Tonnes
TABLE 137 Rest of North America Carbon Dioxide Market by Source, 2019 - 2022, USD Million
TABLE 138 Rest of North America Carbon Dioxide Market by Source, 2023 - 2030, USD Million
TABLE 139 Rest of North America Carbon Dioxide Market by Source, 2019 - 2022, Kilo Tonnes
TABLE 140 Rest of North America Carbon Dioxide Market by Source, 2023 - 2030, Kilo Tonnes
TABLE 141 Key Information – SOL Group
TABLE 142 Key Information – India Glycols Limited
TABLE 143 Key Information – Gulf Cryo
TABLE 144 Key Information – Linde PLC
TABLE 145 Key Information – Ellenbarrie Industrial Gases Limited
TABLE 146 Key Information – Taiyo Nippon Sanso Corporation
TABLE 147 Key Information – Dubai Industrial Gas
TABLE 148 Key Information – Buzwair Industrial Gases Factories
TABLE 149 Key Information – Messer SE & Co. KGaA
TABLE 150 Key Information – Acail Gas

List of Figures
FIG 1 Methodology for the research
FIG 2 North America Carbon Dioxide Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Carbon Dioxide Market
FIG 4 Porter’s Five Forces Analysis - Carbon Dioxide Market
FIG 5 North America Carbon Dioxide Market share by Application, 2022
FIG 6 North America Carbon Dioxide Market share by Application, 2030
FIG 7 North America Carbon Dioxide Market by Application, 2019 - 2030, USD Million
FIG 8 North America Carbon Dioxide Market share by Form, 2022
FIG 9 North America Carbon Dioxide Market share by Form, 2030
FIG 10 North America Carbon Dioxide Market by Form, 2019 - 2030, USD Million
FIG 11 North America Carbon Dioxide Market share by Source, 2022
FIG 12 North America Carbon Dioxide Market share by Source, 2030
FIG 13 North America Carbon Dioxide Market by Source, 2019 - 2030, USD Million
FIG 14 North America Carbon Dioxide Market share by Country, 2022
FIG 15 North America Carbon Dioxide Market share by Country, 2030
FIG 16 North America Carbon Dioxide Market by Country, 2019 - 2030, USD Million
FIG 17 SWOT Analysis: SOL Group
FIG 18 Swot Analysis: India Glycols Limited
FIG 19 SWOT Analysis: Gulf Cryo
FIG 20 SWOT Analysis: Linde plc
FIG 21 SWOT Analysis: Ellenbarrie Industrial Gases Limited
FIG 22 SWOT Analysis: Taiyo Nippon Sanso Corporation
FIG 23 SWOT Analysis: Messer SE & Co. KGaA

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