White Paper
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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

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Cecilia Gee photo

Cecilia Gee

Analyst

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Yuan-Sheng Yu

Yuan-Sheng Yu

Managing Director, Consulting

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Mukunda Kaushik photo

Mukunda Kaushik

Analyst

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Runeel Daliah photo

Runeel Daliah

Principal Analyst

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Oscar Gamez

Oscar Gamez

Senior Consultant

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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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