8/11/2025, 11:29:08 AM | www.openpr.com | news
Carbon Storage Transport Pipeline Market to Witness 6.1% CAGR
A new market research report by QYResearch titled 'Global Carbon Storage Transport Pipeline Market 2025' estimates the global market for carbon storage transport pipelines to be worth US$684 million in 2024 and is projected to reach US$1034 million by 2031, growing at a compound annual growth rate (CAGR) of 6.1% from 2025 to 2031. The report analyzes market drivers, restraints, trends, and regional dynamics, focusing on key players, market segmentation by type and application, and regulatory influences. Carbon Storage Transport Pipelines, or CO2 pipelines, are used to transport captured carbon dioxide from emission sources to storage or utilization sites, typically in gaseous or supercritical form under high pressure. The market is segmented by pipe type (carbon steel, alloy steel, stainless steel, others) and application (oil and gas, electricity, chemicals, others), with regional insights provided for the United States, Canada, Mexico, Brazil, APAC, and EMEA. The report highlights regulatory developments as a key trend, noting that clear and consistent regulations enhance market confidence and open new opportunities for expansion.