The global market for CO2 compression equipment is projected to grow from $1.73 billion in 2025 to $3.36 billion by 2032, a 9.9% CAGR, according to a new QY Research report. Growth is tied to CCUS infrastructure, including capture plants, pipelines, storage injection, and industrial decarbonization in cement, chemicals, and low-carbon ammonia. Key suppliers include Siemens Energy, Mitsubishi Heavy Industries, Baker Hughes, and Burckhardt Compression. The report segments the market by compressor type, discharge pressure, rated flow capacity, and application. It also notes that equipment orders tend to follow project milestones like permitting and final investment decisions, so announced project capacity is not the same as near-term revenue. Europe's cross-border CO2 networks and North American carbon management projects are highlighted as major demand centers. For anyone tracking carbon capture economics, this is a useful look at the equipment side of the value chain. Compressor efficiency and power consumption directly affect CCUS operating costs, and the report gives a solid overview of the main technology routes and suppliers.
