Press release
Carbon Dioxide Utilization Market Prospects for Long-Term Value & Growth 2024 - 2031 | Fluor Corporation, Schlumberger Limited
Carbon Dioxide Utilization Market
Global carbon dioxide utilization market is estimated to be valued at USD 5.18 Bn in 2024 and is expected to reach USD 12.5 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 13.4% from 2024 to 2031.
Market Dynamics:
Rising concerns regarding greenhouse gas emissions and its impact on global warming are driving the adoption of carbon dioxide utilization technologies. Carbon dioxide can be utilized as a raw material by industries like oil and gas, food and beverage, and chemicals. It is used as an intermediate in various chemical syntheses and reactions. favourable government policies and regulations promoting carbon capture and utilization are also fueling the market growth. Moreover, carbon dioxide utilization helps reduce dependence on traditional non-renewable resources and provides economic benefits by generating additional revenue streams for industries.
💎 Sample Copy of the Report @ https://www.coherentmarketinsights.com/insight/request-sample/7010
Driver 1: Increasing Environmental Regulations to Reduce Greenhouse Gas Emissions
With growing environmental concerns worldwide regarding global warming and climate change, many countries and governmental bodies have passed stricter regulations to curb greenhouse gas emissions, especially carbon dioxide emissions. As carbon dioxide is a major contributor to global warming, regulations like carbon pricing and emission trading schemes are incentivizing industries and businesses to adopt carbon capture and utilization technologies to reduce their carbon footprints in a cost-effective manner. This is expected to drive higher demand for carbon dioxide capture and utilization across various end-use industries like construction materials, fuels, chemical production etc.
Market Opportunity: Emerging Applications of Captured Carbon Dioxide
Carbon dioxide has various promising emerging applications that could generate new revenue streams and make carbon capture utilization more profitable. Some of the key opportunity areas include- use of CO2 in enhanced oil recovery, production of renewable natural gas via methane pyrolysis, conversion to renewable plastics and polymers, curing and construction materials like carbonate aggregates, algae cultivation for biofuels etc. Development of these novel carbon utilization avenues will help offset carbon capture capital costs and catalyze wider adoption. Governments are also supporting early demonstration projects, which will help scale emerging CO2 applications commercially in the near future.
Market Trend: Shift Towards Carbon Capture and Utilization over Conventional Carbon Storage
While geologic carbon storage continues to play an important role in mitigating emissions, there is a growing preference for innovative carbon utilization options. Storing carbon underground faces public resistance owing to perception and long-term liability concerns. In contrast, converting carbon dioxide to beneficial products that can displace fossil-based materials is gaining more acceptance. Current research emphasizes developing economically viable pathways to transform captured CO2 into multiple valuable commodities. This trend highlights an increasing prioritization of "carbon capture and utilization (CCU)" over conventional "carbon capture and storage (CCS)" as the preferred long-term decarbonization strategy.
💎 You Can Purchase Complete Report @ https://www.coherentmarketinsights.com/insight/buy-now/7010
Top Companies Featured in This Report:
★ Fluor Corporation
★ Schlumberger Limited
★ Aker Solutions
★ Honeywell International Inc.
★ Equinor ASA
★ TotalEnergies SE
★ Hitachi
★ Ltd
★ ExxonMobil Corporation
★ Linde plc
★ Royal Dutch Shell Plc
★ Mitsubishi Heavy Industries
★ Ltd
★ JGC Holdings Corporation
★ General Electric
★ Halliburton
★ SABIC
Market Segmentation:
By Product Type:
★ By Technology: Pre-Combustion Capture, Oxy-Fuel Combustion Capture, Post-Combustion Capture
★ By End User: Oil & Gas, Power Generation, Iron & Steel, Chemical & Petrochemical, Others
By Applications:
★ By Application: Enhanced Oil Recovery, Chemicals Synthesis, Fuel Synthesis, Others
Key Regions/Countries Classified as Follows:
» North America (U.S., Canada, Mexico)
» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
Key Inquiries Addressed in this Report include:
What was the size of the Carbon Dioxide Utilization Market in 2024, and what is the projected value by 2031?
What is the present global market landscape for the Carbon Dioxide Utilization Market?
What strategies offer optimal opportunities for growth maximization in the business?
What recent trends are shaping the Carbon Dioxide Utilization Market?
How does the market share of Carbon Dioxide Utilization Market revenue, sales, and size vary across specific geographical regions?
Who are the prominent industry players in the Carbon Dioxide Utilization Market?
Which segment of the Carbon Dioxide Utilization Market is experiencing heightened demand?
The report also delves into the competitive landscape, key players, trade patterns, industry value chain, recent news, policies, and regulations. Should you have any inquiries or require customization options, please don't hesitate to contact us.
In summary, whether you're engaged in manufacturing, distribution, or investment within the Carbon Dioxide Utilization sector, this report furnishes invaluable insights into market segments, drivers, challenges, investment prospects, regional dynamics, major players, growth strategies, prevailing trends, and hurdles influencing the industry's expansion.
💎 Request For Customization at: @ https://www.coherentmarketinsights.com/insight/request-customization/7010
Author Bio:
Priya Pandey is a dynamic and passionate editor with over three years of expertise in content editing and proofreading. Holding a bachelor's degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes editing documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya's meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement.
(LinkedIn- https://www.linkedin.com/in/priya-pandey-8417a8173/)
Contact Us
Mr. Shah
Coherent Market Insights Pvt Ltd,
533 Airport Boulevard, Suite 400, Burlingame, CA 94010, United States
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Australia: +61-2-4786-0457
India: +91-848-285-0837
About Us
Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Carbon Dioxide Utilization Market Prospects for Long-Term Value & Growth 2024 - 2031 | Fluor Corporation, Schlumberger Limited here
News-ID: 3580667 • Views: …
More Releases from CMI
New Report: Topical Pain Relief Market Set for Rapid Expansion 2025-2032 | Johns …
The Topical Pain Relief Market : A thorough analysis of statistics about the current as well as emerging trends offers clarity regarding the Topical Pain Relief Market dynamics. The report includes Porter's Five Forces to analyze the prominence of various features such as the understanding of both the suppliers and customers, risks posed by various agents, the strength of competition, and promising emerging businesspersons to understand a valuable resource. Also,…
How the Endocrinology Drug Market Evolve by 2032 - Growth, Segments, and Revenue …
Endocrinology Drug Market is estimated to be valued at USD 74.11 Bn in 2025 and is expected to reach USD 99.51 Bn by 2032, growing at a compound annual growth rate (CAGR) of 4.3% from 2025 to 2032.
The Endocrinology Drug Market : A thorough analysis of statistics about the current as well as emerging trends offers clarity regarding the Endocrinology Drug Market dynamics. The report includes Porter's Five Forces to…
Single Cell Analysis Market: Future Trends & Opportunity Outlook to 2032 | 10X G …
Overview
The "Single Cell Analysis Market 2025 Forecast to 2032" report delivers precise global, regional, and country-level insights backed by reliable economic analysis. It presents a clear view of the competitive environment and includes a detailed supply chain study to help businesses anticipate shifts in industry practices. The study also assesses the present market scenario of the Single Cell Analysis industry and outlines future growth prospects, technological developments, investment opportunities, and…
Elastomeric Infusion Pumps Market to hit US$ 2,359.03 Mn by 2032 - Coherent Mark …
The Elastomeric Infusion Pumps Market Research Report is the result of extensive research and analysis conducted by our team of experienced market researchers. It encompasses a wide range of critical factors influencing the Elastomeric Infusion Pumps Market Growth from 2025 to 2032, including competitive landscape, consumer behavior, and technological advancements. This report serves as a valuable resource for industry players, helping them make informed decisions and stay ahead of the…
More Releases for Carbon
Carbon-Carbon Composite Market to Reach $3.31 Billion by 2031 | SGL Carbon, Toyo …
NEW YORK, (UNITED STATES) - QY Research latest 'Carbon-Carbon Composite Market 2025 Report' offers an unparalleled, in-depth analysis of the industry, delivering critical market insights that empower businesses to enhance their knowledge and refine their decision-making processes. This meticulously crafted report serves as a catalyst for growth, unlocking immense opportunities for companies to boost their return rates and solidify their competitive edge in an ever-evolving market. What sets this report…
Carbon Black Market Next Big Thing | Cabot, Tokai Carbon, Jiangxi Black Carbon, …
Market Research Forecast published a new research publication on "Global U.S. U.S. Carbon Black Market Insights, to 2030" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study, you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market-associated stakeholders. The growth of the U.S. U.S. Carbon Black Market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive…
Carbon-Carbon Composite Material Market Size, Share 2024, Impressive Industry Gr …
Report Description: -
QY Research's latest report 'Carbon-Carbon Composite Material Market 2024 Report' provides a comprehensive analysis of the industry with market insights will definitely facilitate to increase the knowledge and decision-making skills of the business, thus providing an immense opportunity for growth. Finally, this will increase the return rate and strengthen the competitive advantage within. Since it's a personalised market report, the services are catered to the particular difficulty. The…
Carbon Black Market Scenario & Industry Applications 2020-2025 | Phillips Carbon …
The global carbon black market size is projected to surpass USD 18 billion by 2025. Carbon black act as a reinforcement material for tires and rubber, and possess electrical conductive properties. Carbon black provide pigmentation, conductivity, and UV protection for a number of coating applications along with toners and printing inks for specific color requirements. Its multiple application across various end product along with rising economic outlook has significantly enhanced…
Global Carbon-Carbon Composite Market 2020-2026 SGL Carbon, Toyo Tanso, Tokai Ca …
Global Carbon-Carbon Composite Market 2020-2026 analysis Report offers a comprehensive analysis of the market. It will therefore via depth Qualitative insights, Historical standing and verifiable projections regarding market size. The projections featured inside the report square measure derived victimisation verified analysis methodologies and assumptions. Report provides a progressive summary of the Carbon-Carbon Composite business 2020 together with definitions, classifications, Carbon-Carbon Composite market research, a decent vary of applications and Carbon-Carbon…
Global Carbon Black Market to 2026| Cabot, Orion Engineered Carbons, Birla Carbo …
Albany, NY, 10th January : Recent research and the current scenario as well as future market potential of "Carbon Black Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026" globally.
Carbon Black Market - Overview
Carbon black (CB) is manufactured through partial combustion of heavy hydrocarbons under controlled temperature and pressure to obtain fine particles and aggregates having a wide range of structure and surface properties. This…
