Carbon Dioxide (CO2) Market
The Carbon Dioxide (CO2) market encompasses the production and sale of CO2 gas for various industrial applications. The primary customers are in the oil & gas sector, which uses CO2 for enhanced oil recovery, and the food & beverage industry, which uses it for carbonation. Key growth drivers include rising global energy demand, the expansion of the food and beverage industry, rapid industrialization in emerging economies, and a growing focus on carbon utilization technologies.
CAGR
4.37%
Compound Annual Growth Rate
Current Value
$8.88B
Estimated 2026
Projected Value
$12.5B
By 2034
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