By estimating of CO
2-quota market was taken into account that CO
2 emissions in the EU must be reduced by 600 million tonnes by 2030. Currently, the price per ton is around €90 and rising, hence the minimum size of the quoted market by 2030 will be around €50 -55 billion.
Market size value of liquid CO
2 used for enhanced oil recovery is about $42 billion in 2022 and will be around $78 billion in 2030 (
Global Enhanced Oil Recovery Market Size Report, 2030). Thus, significant part of the captured CO
2 would be buried in oil wells. The sizes of CO
2-gaseous & dry ice markets were taken from literature.