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The global CO2 compressor market, valued at USD 2.33 billion in 2024, is projected to grow to USD 4.03 billion by 2032, with a compound annual growth rate (CAGR) of 7.12% during 2025–2032.
Key drivers include:
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Rising emphasis on sustainability and clean energy transitions worldwide
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Growing demand for efficient thermal management systems
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Advantages of CO2 (R-744) compressors, including environmental friendliness, cost-effectiveness, energy efficiency, and operational safety
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These factors are propelling the adoption of CO2-based compression technologies in sectors such as refrigeration, air conditioning, carbon capture, and various industrial processes, spanning both developed and emerging markets.
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