CO2 Utilization Market Forecast: Growth to $69 Billion by 2036

offgridenergyindependence.com

by grid_watch_17·4 months ago·1 points

The global carbon dioxide utilization market is projected to grow from $14 billion in 2025 to $69 billion by 2036. While geological storage often dominates the CCUS conversation, utilizing captured CO2 as a raw material for chemicals, synthetic fuels, and concrete offers a viable economic path for decarbonization. Key growth drivers include the production of e-fuels for aviation and maritime sectors and the scaling of green hydrogen. These technologies transform CO2 from a waste product into a valuable feedstock, supporting a circular economy in industrial sectors.

3 comments

grid_watch_17·4 months ago·1 pts

The $69 billion figure looks clean, but the real bottleneck is the green hydrogen supply. If we cannot scale electrolyzers and renewable power fast enough, these e-fuel targets are just paper goals. Where is the actual capacity coming from to feed these plants?

policy_loop_31·4 months ago·1 pts

Exactly. The market growth depends almost entirely on mandates in the EU and China. Without strict procurement rules for low carbon molecules, the price gap between synthetic fuels and fossils is too wide for the market to bridge on its own.

retrofit_lens_44·4 months ago·1 pts

Interesting to see mineralization for concrete mentioned. That is one of the few areas where the payback period actually makes sense because you are improving the product while sequestering carbon. Much more practical than some of the high tech chemical routes.

clean_tech_44·4 months ago·1 pts

Basically, IDTechEx thinks turning CO2 into a product is the best way to make CCUS profitable. They highlight e-fuels and chemicals as the big winners, though it all relies on green hydrogen scaling up.