Middle East Carbon Dioxide (CO2) Market
The Middle East Carbon Dioxide (CO2) market encompasses the production and industrial application of CO2 gas. Key customers include large-scale enterprises in the food & beverages, oil & gas, and medical sectors. The market's growth is primarily driven by the expanding use of CO2 in enhanced oil recovery (EOR) projects, rising consumption of carbonated beverages and packaged foods, and significant regional investment in carbon capture, utilization, and storage (CCUS) technologies.
CAGR
5.6%
Compound Annual Growth Rate
Current Value
$1.48B
Estimated 2026
Projected Value
$2.29B
By 2034
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