White Paper

CO2 Capture and Utilization: The Emergence of a Carbon Economy

CO₂ utilization will be a $550 billion market by 2040

Arij van Berkel, Ph.D.

Arij van Berkel, Ph.D.

Senior Vice President, Group Director

Cecilia Gee photo

Cecilia Gee

Analyst

Yuan-Sheng Yu

Managing Director, Consulting

Mukunda Kaushik photo

Mukunda Kaushik

Analyst

Runeel Daliah photo

Runeel Daliah

Principal Analyst

Oscar Gamez

Senior Consultant

The global market size for CO₂ utilization is set to reach a market value of $70 billion by 2030, which will then increase to $550 billion by 2040.

Global CO₂ emissions witnessed steady growth in the 21st century despite unprecedent action against climate change.

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https://www.luxresearchinc.com/wp-content/uploads/2022/07/lux-research-co2-capture-utliziation-the-emergence-of-a-carbon-economy-executive-summary.pdf

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