The GCC liquid carbon dioxide market is projected to grow from $280.7 million in 2025 to $639.0 million by 2033, a 10.6% CAGR. Growth is driven by rising demand in food and beverage, healthcare, welding, and chemicals, plus investments in carbon capture and utilization infrastructure across Saudi Arabia, UAE, and other Gulf states. Key players like Gulf Cryo are expanding CO2 recovery capacity, including a 300 MTPD plant in Saudi Arabia that will capture over 250,000 tonnes of CO2 annually. The food and beverage sector holds a 24% market share, while Saudi Arabia leads regionally with 31%. As carbon capture becomes more central to industrial policy, the liquid CO2 market is positioned to benefit from both environmental and commercial drivers.
