The global market for carbon dioxide transportation and storage is projected to grow at a compound annual growth rate of 15%, reaching an estimated value of 7.025 billion USD by 2032. This growth is driven by the increasing adoption of carbon capture technologies and the need for secure sequestration infrastructure. Key industry players including Baker Hughes, Chevron, and Enbridge are expanding their portfolios in onshore and offshore storage. The market is seeing significant activity across North America, Europe, and Asia-Pacific as regulatory standards and industrial demand for emissions reduction intensify.
