CARBON DIOXIDE UTILIZATION MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)
Carbon Dioxide Utilization Market, By Application (Enhanced Oil Recovery, Chemicals Synthesis, Fuel Synthesis, Others), 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 Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)
In May 2024, Mammoth, the largest carbon dioxide capture and storage facility of its kind, launched operations situated on a dormant volcano in Iceland
In May 2024, ArcelorMittal, MHI launched pilot CO2 capture unit at Gent blast furnace
In March 2024, a India-based start-up developed an aqueous-based CO2 capture technology comprising a new catalyst that is robust, cost-effective, and scalable. This technology has the capability to capture CO2 in industrial wastewater, marking a significant milestone in the country's transition towards climate-friendly technologies.
In 2023, New Carbon Dioxide Removal Methodology launched for consultation