Carbon Dioxide Compressor Global Market Report 2025

The carbon dioxide compressor market size has grown strongly in recent years. It will grow from $2.48 billion in 2024 to $2.68 billion in 2025 at a compound annual growth rate (CAGR) of 8%. The growth in the historic period can be linked to increasing adoption of CO₂ in refrigeration and air conditioning, rising stringent environmental regulations, growing use of CO₂ in enhanced oil recovery, growing demand for energy-efficient cooling solutions, and increasing focus on reducing greenhouse gas emissions.

The carbon dioxide compressor market size is expected to see strong growth in the next few years. It will grow to $3.6 billion in 2029 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be driven by rising demand for carbon capture technologies, increasing adoption of renewable energy sources, growing expansion of natural gas processing, increasing government regulatory support for low-emission solutions, and rising focus on energy-efficient refrigeration systems. Major trends in the forecast period include advancements in compressor efficiency and design, integration of smart and automation technologies, innovation in low-GWP refrigerants, development of energy-saving variable speed drives, and advancements in digital monitoring and control systems.

The rising consumption of carbonated beverages is expected to drive the growth of the carbon dioxide compressor market in the coming years. Carbonated beverages, which include soda, sparkling water, and soft drinks, contain dissolved carbon dioxide gas that creates a fizzy or sparkling effect, often flavored or sweetened, and are widely consumed for refreshment and taste. This growing consumption is largely driven by increasing urbanization, which exposes more people to modern lifestyles and convenience-oriented food and drink options, making fizzy beverages a popular choice and boosting demand in both retail and foodservice sectors. Carbon dioxide compressors play a crucial role in the production of carbonated beverages by efficiently compressing and supplying high-purity CO₂, ensuring consistent carbonation, maintaining fizziness, and enhancing flavor and shelf life. For example, in July 2024, the International Bottled Water Association, a US-based industry organization, reported that US per capita consumption of carbonated soft drinks was 34.4 gallons in 2023, compared with 46.4 gallons for bottled water, highlighting sustained consumption that supports demand for carbonation equipment. Consequently, the growing consumption of carbonated beverages is expected to propel the growth of the carbon dioxide compressor market.

Key companies in the carbon dioxide compressor market are emphasizing technological innovations, such as the use of natural refrigerant R744 (CO₂) in transcritical applications, to improve energy efficiency, reduce environmental impact, and enhance overall system performance in refrigeration and industrial processes. Employing natural refrigerant R744 (CO₂) in transcritical applications involves using carbon dioxide as an eco-friendly refrigerant in systems operating above its critical point, enabling efficient heat transfer and cooling. For instance, in February 2024, Danfoss A/S, a Denmark-based industrial equipment company, launched the Bock HGX56 CO₂ T 6-cylinder semi-hermetic compressor, offering up to 135 kW cooling capacity and 360 kW heating capability. The system features a compact, lightweight design, minimal oil carryover, and supports water-side temperatures up to 90°C. This innovation reflects a broader market trend toward sustainable, high-capacity CO₂ compression systems for industrial refrigeration and heat pump applications, although high initial costs and system complexity remain challenges for widespread adoption.

In March 2023, Danfoss A/S, a Denmark-based provider of energy-efficient cooling, heating, and industrial solutions, acquired Bock GmbH for an undisclosed amount. Through this acquisition, Danfoss A/S aims to strengthen its refrigeration and air conditioning portfolio by incorporating Bock GmbH’s advanced compressor technologies, expanding global market reach, and driving innovation in energy-efficient and sustainable solutions. Bock GmbH, based in Germany, specializes in semi-hermetic reciprocating compressors and condensing units, focusing on CO₂ and low-GWP compressors for cooling and heating applications.

Major companies operating in the carbon dioxide compressor market are Ingersoll Rand Inc., Doosan Bobcat Inc., Gardner Denver Holdings Inc., Ashoka Corporation Private Limited, Xuzhou Huayan Gas Equipment Co. Ltd., Sullair Inc., Quincy Compressor LLC, BAUER COMP Holding GmbH, Sullivan-Palatek Inc., ALMiG Kompressoren GmbH, Toplong, KAESER KOMPRESSOREN SE, Bosco, Adicomp S.p.A., TOSHNIWAL BROTHERS (SR) PRIVATE LIMITED, Industrial Compressors and Cryopumps Private Limited, Hanbell Precise Machinery Co. Ltd., Frank Compressors, Adson Engineering Corporation, Colt Equipment’s (p) Ltd.

North America was the largest region in the carbon dioxide compressor market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in carbon dioxide compressor report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the carbon dioxide compressor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The swift increase in U.S. tariffs and the ensuing trade tensions in spring 2025 are significantly affecting the machinery sector by increasing costs for steel, hydraulic systems, and precision bearings critical components often imported from tariff-affected regions. Manufacturers of construction, agricultural, and industrial machinery now face squeezed margins, as many long-term contracts prevent immediate price adjustments. The uncertainty has also delayed investment in automation and smart machinery technologies, slowing productivity gains. To adapt, firms are accelerating local supplier development, redesigning products to use alternative materials, and leveraging predictive maintenance to extend equipment lifespans amid higher replacement costs.

The carbon dioxide compressor market research report is one of a series of new reports that provides carbon dioxide compressor market statistics, including carbon dioxide compressor industry global market size, regional shares, competitors with a carbon dioxide compressor market share, detailed carbon dioxide compressor market segments, market trends and opportunities, and any further data you may need to thrive in the carbon dioxide compressor industry. This carbon dioxide compressor market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A carbon dioxide compressor is a mechanical device designed to increase the pressure of carbon dioxide gas for storage, transportation, or industrial applications. It functions by compressing CO₂ from a low-pressure state to a high-pressure state, allowing efficient handling in areas such as refrigeration, beverage carbonation, chemical processing, and supercritical CO₂ extraction. These compressors play a crucial role in maintaining the purity, stability, and flow of CO₂ within various systems. They can operate in different configurations, including reciprocating, rotary, or centrifugal designs, depending on the required pressure and capacity.

The main types of carbon dioxide compressors include reciprocating compressors, screw compressors, and centrifugal compressors. A carbon dioxide reciprocating compressor is a type of compressor that uses a piston-and-cylinder mechanism to compress CO₂ gas, delivering high-pressure output for applications in refrigeration, beverage carbonation, and industrial processes. The different technologies include reciprocating, rotary, centrifugal, and others, and the power sources include electric and gas-powered compressors. Key applications include refrigeration, air conditioning, carbonation, and carbon capture processes, serving end users in oil and gas, power generation, chemicals and petrochemicals, food and beverage, pharmaceuticals, and others.

The carbon dioxide compressor market consists of sales of lubricated carbon dioxide gas compressors, sealless magnetic drive pumps, portable diaphragm CO₂ compressors, advanced compressors, and oil-free high-pressure CO₂ compressors. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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