Recycled Carbon Dioxide Market Analysis

The market is segmented by end user into chemicals, fuels, minerals, and others, out of which, the fuels segment is anticipated to hold the largest share in the global recycled carbon dioxide market on account of the increasing usage of recycled carbon dioxide for the production of microalgae and biomass-derived fuels, and for the production of methane. The segment for chemicals is also assessed to grab a notable share during the forecast period owing to the use of the product for the production of urethane and polycarbonate which are extensively utilized for making CDs. Additionally, on the basis of application, the enhanced oil recovery segment is predicted to occupy the largest share over the forecast period in view of the high use of this technique to maximize recovery from an oil field and to extract crude oil which is extremely difficult to extract.

Our in-depth analysis of the global recycled carbon dioxide market includes the following segments:

By Application

Enhanced Oil Recovery
Direct Utilization
Carbon Recycling
Others

By End-User

Chemicals
Fuels
Minerals
Others

Frequently Asked Questions (FAQ)

Recycled Carbon Dioxide Market size is likely to expand at significant growth rate during the forecast period i.e., between 2024-2036.

The market growth is driven by rising need to reduce greenhouse emissions globally and growing government emphasis on sustainable development.

North America is predicted to dominate majority revenue share by 2036, on the back of increasing government funding in order to test innovative concepts for beneficial use of carbon dioxide, and rising focus by governmental and non-governmental organizations on eliminating greenhouse emissions in the region.

The major players in the market are CCm Technologies Limited, Blue Planet Environmental Solutions, Carbon Upcycling Technologies, Fores Media Ltd, Kiverdi, Inc., and others.

Recycled Carbon Dioxide Market Analysis