The Liquefied CO2 Market Share was valued at 9.115 USD Billion in 2024. By 2026, the market is evolving into a critical pillar for decarbonization, with significant investments directed toward liquefied CO2 carriers for long-distance maritime transport and sequestration. Market Summary
2024 Market Value: 9.115 USD Billion
2035 Forecast Value: 14.05 USD Billion
Compound Annual Growth Rate (CAGR): 4.0% (2025–2035)
Key Developments
BOC’s New Processing Facility in Victoria reached full operational scale in late 2025, producing 60,000 tons of beverage-grade liquid CO2 annually to stabilize regional supply for the food and beverage industry.
Linde and Air Liquide introduced advanced liquefied CO2 carriers in early 2026, designed to move captured carbon across international waters for storage in depleted sub-sea gas fields.
Industrial Recovery from hydrogen and ammonia production emerged as the primary supply source in 2026, as manufacturers align with global mandates to discourage CO2 venting and encourage commercial reuse.