Global Carbon Dioxide Market Size & Outlook, 2025-2033
Global carbon dioxide market, 2021-2033 (US$M)
Related Markets
Global carbon dioxide market highlights
- The global carbon dioxide market generated a revenue of USD 11,798.7 million in 2024 and is expected to reach USD 19,997.6 million by 2033.
- The market is expected to grow at a CAGR (2025 - 2033) of 6% by 2033.
- In terms of segment, ethyl alcohol accounted for a revenue of USD 4,203.0 million in 2024.
- Substitute Natural Gas is the most lucrative sources segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, Mexico is expected to register the highest CAGR from 2025 to 2033.
Global data book summary
| Market revenue in 2024 | USD 11,798.7 million |
| Market revenue in 2033 | USD 19,997.6 million |
| Growth rate | 6% (CAGR from 2025 to 2033) |
| Largest segment | Ethyl alcohol |
| Fastest growing segment | Substitute Natural Gas |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hydrogen, Ethyl Alcohol, Ethylene Oxide, Substitute Natural Gas |
Other key industry trends
- In terms of revenue, the North America accounted for 42.0% of the global carbon dioxide market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2033.
- By country, Mexico is the fastest growing regional market and is projected to reach USD 1,061.0 million by 2033.
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Carbon Dioxide Market Scope
Carbon Dioxide Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Quimetal | View profile | 101-250 | Santiago, Region Metropolitana, Chile, South America | https://www.quimetal.cl |
| Taiyo Nippon Sanso Corp. | View profile | - | - | - |
| Air Products and Chemicals, Inc. | View profile | - | - | - |
| Sicgil | View profile | 101-250 | Chennai, Tamil Nadu, India, Asia | http://www.sicgil.com |
| Greco Gas Inc. | View profile | 11-50 | Tarentum, Pennsylvania, United States, North America | http://www.grecogas.com/ |
| Acail Gas | View profile | 11-50 | Souto, Aveiro, Portugal, Europe | https://www.acailgas.es |
| Messer Group | View profile | 10001+ | Bad Soden, Hessen, Germany, Europe | https://www.messergroup.com |
| Air Liquide SA | View profile | 67800 | 75, Quai d'Orsay, Paris, France, 75007 | https://www.airliquide.com |
| Linde PLC | View profile | 66195 | 10 Riverview Drive, Danbury, CT, United States, 06810 | https://www.linde.com |
Global carbon dioxide market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to carbon dioxide market will help companies and investors design strategic landscapes.
Ethyl alcohol was the largest segment with a revenue share of 35.62% in 2024. Horizon Databook has segmented the Global carbon dioxide market based on hydrogen, ethyl alcohol, ethylene oxide, substitute natural gas covering the revenue growth of each sub-segment from 2021 to 2033.
- Global Carbon Dioxide Sources Outlook (Revenue, USD Million, 2021-2033)
- Hydrogen
- Ethyl Alcohol
- Ethylene Oxide
- Substitute Natural Gas
- Others
- Global Carbon Dioxide Application Outlook (Revenue, USD Million, 2021-2033)
- Food & Beverages
- Oil & Gas
- Medical
- Rubber
- Fire Fighting
- Others
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Target buyers of Global carbon dioxide market databook
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Our clientele includes a mix of carbon dioxide market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global carbon dioxide market , including forecasts for subscribers. This global databook contains high-level insights into Global carbon dioxide market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Partial client list
Global carbon dioxide market size, by regions, 2021-2033 (US$M)
Top 10 countries: Carbon dioxide market size, 2022 (US$M)
Global carbon dioxide market share, by source, 2022 & 2030 (%, US$M)
Carbon dioxide market: Opportunity assessment by country
Global carbon dioxide market, by region, 2024 (US$M)
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