2023-28, Carbon Dioxide Removal Market Size, Share, Demand, Future Growth, and Competitive Analysis

The Global Carbon Dioxide Removal Market size is valued at around USD 1.2 billion in 2024 and is estimated to grow at a CAGR of around 18.26% during the forecast period, i.e., 2023-28. The market is still in its early stages & is predicted to grow significantly in the coming years as countries & companies seek to reduce greenhouse gas emissions & meet their climate goals owing to the rising effects of carbon emissions, such as climate change, biodiversity loss, etc., and increasing government focus on protecting the environment. Thus, various international & national efforts, like coalitions, conventions for climate change, and others, are being taken by countries across the world to reduce the growth of global warming by lowering carbon emissions initially.