The United Kingdom carbon dioxide market reached a notable volume of 725.80 KMT in 2024, highlighting its significance in various industrial applications. The market is projected to grow at a CAGR of 1.50% from 2025 to 2034, reaching an estimated volume of 842.32 KMT by 2034.

This growth can be attributed to factors such as the increasing demand for CO2 in sectors like food and beverages, healthcare, and enhanced oil recovery (EOR). The adoption of sustainable technologies for carbon capture and storage (CCS) is also playing a crucial role in shaping the market dynamics.

As the UK focuses on achieving its net-zero carbon emissions targets, industries are exploring innovative uses for CO2, which could further boost market growth in the coming years.