It is forecast that the market value of carbon dioxide will amount to approximately 10.7 billion U.S. dollars in 2028. In 2020, the global market value of carbon dioxide was 7.8 billion U.S. dollars.
Carbon dioxide is used for a variety of applications, including as inert gas in fire-fighting, for carbonating beverages, as well as for cooling and freezing food, among other uses.
Market value of carbon dioxide gas worldwide from 2015 to 2020 with a forecast for 2028
(in billion U.S. dollars)
* Forecast based on a compound annual growth rate of 4 percent between 2021-2028.
This statistic has been compiled using more than one edition of the press release. The most recent edition of the press release is available here.
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Grand View Research. (June 30, 2021). Market value of carbon dioxide gas worldwide from 2015 to 2020 with a forecast for 2028 (in billion U.S. dollars) [Graph]. In Statista. Retrieved June 28, 2022, from https://www.statista.com/statistics/933202/global-market-value-carbon-dioxide-gas/
Grand View Research. "Market value of carbon dioxide gas worldwide from 2015 to 2020 with a forecast for 2028 (in billion U.S. dollars)." Chart. June 30, 2021. Statista. Accessed June 28, 2022. https://www.statista.com/statistics/933202/global-market-value-carbon-dioxide-gas/
Grand View Research. (2021). Market value of carbon dioxide gas worldwide from 2015 to 2020 with a forecast for 2028 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: June 28, 2022. https://www.statista.com/statistics/933202/global-market-value-carbon-dioxide-gas/
Grand View Research. "Market Value of Carbon Dioxide Gas Worldwide from 2015 to 2020 with a Forecast for 2028 (in Billion U.S. Dollars)." Statista, Statista Inc., 30 Jun 2021, https://www.statista.com/statistics/933202/global-market-value-carbon-dioxide-gas/
Grand View Research, Market value of carbon dioxide gas worldwide from 2015 to 2020 with a forecast for 2028 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/933202/global-market-value-carbon-dioxide-gas/ (last visited June 28, 2022)