Carbon Dioxide Utilization Market Size, Share, and Trends 2024 to 2034

The global carbon dioxide utilization market size was accounted for USD 5.20 billion in 2024, grew to USD 5.90 billion in 2025 and is predicted to surpass around USD 18.32 billion by 2034, representing a healthy CAGR of 13.42% between 2025 and 2034. The North America carbon dioxide utilization market size is calculated at USD 2.24 billion in 2025 and is expected to grow at a fastest CAGR of 13.54% during the forecast year.

  • Last Updated : December 2024
  • Report Code : 1784
  • Category : Chemical and Material

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Carbon Dioxide Utilization Market 

5.1. COVID-19 Landscape: Carbon Dioxide Utilization Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Carbon Dioxide Utilization Market, By Service

8.1. Carbon Dioxide Utilization Market, by Service, 2025-2034

8.1.1. Capture, Transportation

8.1.1.1. Market Revenue and Forecast (2022-2034)

8.1.2. Utilization

8.1.2.1. Market Revenue and Forecast (2022-2034)

8.1.3. Storage

8.1.3.1. Market Revenue and Forecast (2022-2034)

Chapter 9. Global Carbon Dioxide Utilization Market, By Technology

9.1. Carbon Dioxide Utilization Market, by Technology e, 2025-2034

9.1.1. Pre-Combustion Capture

9.1.1.1. Market Revenue and Forecast (2022-2034)

9.1.2. Oxy-Fuel Combustion Capture

9.1.2.1. Market Revenue and Forecast (2022-2034)

9.1.3. Post-Combustion Capture

9.1.3.1. Market Revenue and Forecast (2022-2034)

Chapter 10. Global Carbon Dioxide Utilization Market, By Application 

10.1. Carbon Dioxide Utilization Market, by Application, 2025-2034

10.1.1. Food and Beverages Industry

10.1.1.1. Market Revenue and Forecast (2022-2034)

10.1.2. Oil and Gas Industry

10.1.2.1. Market Revenue and Forecast (2022-2034)

10.1.3. Medical Industry

10.1.3.1. Market Revenue and Forecast (2022-2034)

Chapter 11. Global Carbon Dioxide Utilization Market, By End User 

11.1. Carbon Dioxide Utilization Market, by End User, 2025-2034

11.1.1. Oil & Gas Power Generation

11.1.1.1. Market Revenue and Forecast (2022-2034)

11.1.2. Iron & Steel

11.1.2.1. Market Revenue and Forecast (2022-2034)

11.1.3. Chemical & Petrochemical

11.1.3.1. Market Revenue and Forecast (2022-2034)

11.1.4. Cement

11.1.4.1. Market Revenue and Forecast (2022-2034)

11.1.5. Others

11.1.5.1. Market Revenue and Forecast (2022-2034)

Chapter 12. Global Carbon Dioxide Utilization Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Service (2022-2034)

12.1.2. Market Revenue and Forecast, by Technology (2022-2034)

12.1.3. Market Revenue and Forecast, by Application (2022-2034)

12.1.4. Market Revenue and Forecast, by End User (2022-2034)

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Service (2022-2034)

12.1.5.2. Market Revenue and Forecast, by Technology (2022-2034)

12.1.5.3. Market Revenue and Forecast, by Application (2022-2034)

12.1.5.4. Market Revenue and Forecast, by End User (2022-2034)

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Service (2022-2034)

12.1.6.2. Market Revenue and Forecast, by Technology (2022-2034)

12.1.6.3. Market Revenue and Forecast, by Application (2022-2034)

12.1.6.4. Market Revenue and Forecast, by End User (2022-2034)

12.2. Europe

12.2.1. Market Revenue and Forecast, by Service (2022-2034)

12.2.2. Market Revenue and Forecast, by Technology (2022-2034)

12.2.3. Market Revenue and Forecast, by Application (2022-2034)

12.2.4. Market Revenue and Forecast, by End User (2022-2034)

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Service (2022-2034)

12.2.5.2. Market Revenue and Forecast, by Technology (2022-2034)

12.2.5.3. Market Revenue and Forecast, by Application (2022-2034)

12.2.5.4. Market Revenue and Forecast, by End User (2022-2034)

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Service (2022-2034)

12.2.6.2. Market Revenue and Forecast, by Technology (2022-2034)

12.2.6.3. Market Revenue and Forecast, by Application (2022-2034)

12.2.6.4. Market Revenue and Forecast, by End User (2022-2034)

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Service (2022-2034)

12.2.7.2. Market Revenue and Forecast, by Technology (2022-2034)

12.2.7.3. Market Revenue and Forecast, by Application (2022-2034)

12.2.7.4. Market Revenue and Forecast, by End User (2022-2034)

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Service (2022-2034)

12.2.8.2. Market Revenue and Forecast, by Technology (2022-2034)

12.2.8.3. Market Revenue and Forecast, by Application (2022-2034)

12.2.8.4. Market Revenue and Forecast, by End User (2022-2034)

12.3. APAC

12.3.1. Market Revenue and Forecast, by Service (2022-2034)

12.3.2. Market Revenue and Forecast, by Technology (2022-2034)

12.3.3. Market Revenue and Forecast, by Application (2022-2034)

12.3.4. Market Revenue and Forecast, by End User (2022-2034)

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Service (2022-2034)

12.3.5.2. Market Revenue and Forecast, by Technology (2022-2034)

12.3.5.3. Market Revenue and Forecast, by Application (2022-2034)

12.3.5.4. Market Revenue and Forecast, by End User (2022-2034)

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Service (2022-2034)

12.3.6.2. Market Revenue and Forecast, by Technology (2022-2034)

12.3.6.3. Market Revenue and Forecast, by Application (2022-2034)

12.3.6.4. Market Revenue and Forecast, by End User (2022-2034)

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Service (2022-2034)

12.3.7.2. Market Revenue and Forecast, by Technology (2022-2034)

12.3.7.3. Market Revenue and Forecast, by Application (2022-2034)

12.3.7.4. Market Revenue and Forecast, by End User (2022-2034)

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Service (2022-2034)

12.3.8.2. Market Revenue and Forecast, by Technology (2022-2034)

12.3.8.3. Market Revenue and Forecast, by Application (2022-2034)

12.3.8.4. Market Revenue and Forecast, by End User (2022-2034)

12.4. MEA

12.4.1. Market Revenue and Forecast, by Service (2022-2034)

12.4.2. Market Revenue and Forecast, by Technology (2022-2034)

12.4.3. Market Revenue and Forecast, by Application (2022-2034)

12.4.4. Market Revenue and Forecast, by End User (2022-2034)

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Service (2022-2034)

12.4.5.2. Market Revenue and Forecast, by Technology (2022-2034)

12.4.5.3. Market Revenue and Forecast, by Application (2022-2034)

12.4.5.4. Market Revenue and Forecast, by End User (2022-2034)

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Service (2022-2034)

12.4.6.2. Market Revenue and Forecast, by Technology (2022-2034)

12.4.6.3. Market Revenue and Forecast, by Application (2022-2034)

12.4.6.4. Market Revenue and Forecast, by End User (2022-2034)

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Service (2022-2034)

12.4.7.2. Market Revenue and Forecast, by Technology (2022-2034)

12.4.7.3. Market Revenue and Forecast, by Application (2022-2034)

12.4.7.4. Market Revenue and Forecast, by End User (2022-2034)

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Service (2022-2034)

12.4.8.2. Market Revenue and Forecast, by Technology (2022-2034)

12.4.8.3. Market Revenue and Forecast, by Application (2022-2034)

12.4.8.4. Market Revenue and Forecast, by End User (2022-2034)

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Service (2022-2034)

12.5.2. Market Revenue and Forecast, by Technology (2022-2034)

12.5.3. Market Revenue and Forecast, by Application (2022-2034)

12.5.4. Market Revenue and Forecast, by End User (2022-2034)

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Service (2022-2034)

12.5.5.2. Market Revenue and Forecast, by Technology (2022-2034)

12.5.5.3. Market Revenue and Forecast, by Application (2022-2034)

12.5.5.4. Market Revenue and Forecast, by End User (2022-2034)

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Service (2022-2034)

12.5.6.2. Market Revenue and Forecast, by Technology (2022-2034)

12.5.6.3. Market Revenue and Forecast, by Application (2022-2034)

12.5.6.4. Market Revenue and Forecast, by End User (2022-2034)

Chapter 13. Company Profiles

13.1. Fluor Corporation (US)

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Schlumberger Limited (US)

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Aker Solutions (Norway)

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Honeywell International Inc. (US)

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. Equinor ASA (Norway)

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. TotalEnergies SE (France)

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Hitachi, Ltd (Japan)

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. ExxonMobil Corporation (US)

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Lindeplc (UK)

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. Royal Dutch Shell Plc (Netherlands)

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

For questions or customization requests, please reach out to us at sales@precedenceresearch.com

Frequently Asked Questions

The global carbon dioxide utilization market size was reached at US$ 5.90 billion in 2025 and it is anticipated to rake around US$ 18.32 billion by 2034.

The global carbon dioxide utilization market is expected to drive growth at a CAGR of 13.42% from 2025 to 2034.

The major players operating in the carbon dioxide utilization market are Fluor Corporation (US), Schlumberger Limited (US), Aker Solutions (Norway), Honeywell International Inc. (US), Equinor ASA (Norway), TotalEnergies SE (France), Hitachi, Ltd (Japan), ExxonMobil Corporation (US), and Linde plc (UK).

The carbon dioxide utilization market is gaining growth as it is a solution which will be able to provide over for the world's ambitious climate goals.

North America region will lead the global carbon dioxide utilization market in the forecast period 2025 to 2034.

Ask For Sample

No cookie-cutter, only authentic analysis – take the 1st step to become a Precedence Research client