World’s Top 40 Companies in CO2 Mineralization Technology 2025 Watchlist: Statistical Report (2024–2035)

Description

According to a research report published by Spherical Insights & Consulting, The Global CO2 Mineralization Technology Market Size is projected to Grow from USD 2.11 Billion in 2024 to USD 8.65 Billion by 2035, at a CAGR of 13.68% during the forecast period 2025–2035. The growing emphasis on cutting carbon emissions and the growing demand for sustainable industrial practices are the main drivers of this impressive growth. An important driver of this market's growth is the technology's capacity to transform CO2 into stable minerals, which offers a workable solution for long-term carbon sequestration.

 

 

Introduction

The global industry devoted to creating and implementing technologies that transform carbon dioxide into stable mineral compounds by means of chemical reactions with naturally occurring minerals or industrial byproducts is known as the "Global CO2 Mineralization Technology Market." This method of long-term carbon sequestration, called mineral carbonation, helps reduce greenhouse gas emissions by providing a scalable and long-lasting solution. Additionally, the market for CO2 mineralization technology offers a lot of potential, especially in the areas of market expansion and technological advancements. It is anticipated that ongoing R&D efforts to increase the effectiveness and economy of CO2 mineralization processes will propel market expansion. The incorporation of digital technologies, including machine learning and artificial intelligence, can improve the performance and scalability of mineralization processes. Furthermore, there are prospects for market expansion due to the creation of new products and applications made from CO2-mineralized materials. A sizable market opportunity for CO2 mineralization technology is presented by the expanding demand for low-carbon and sustainable products across a range of industries.

 

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The insights presented in this blog are derived from comprehensive market research conducted by Spherical Insights LLP, a trusted advisory partner to leading global enterprises. Backed by in-depth data analysis, expert forecasting, and industry-specific intelligence, our reports empower decision-makers to identify strategic growth opportunities in fast-evolving sectors. Clients seeking detailed market segmentation, competitive landscapes, regional outlooks, and future investment trends will find immense value in the full report. By leveraging our research, businesses can make informed decisions, gain a competitive edge, and stay ahead in the transition toward sustainable and profitable solutions.

 

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CO2 Mineralization Technology Market Size & Statistics

• The Market Size for CO2 Mineralization Technology Was Estimated to be Worth USD 2.11 Billion in 2024.
• The Market Size is Going to Expand at a CAGR of 13.68% Between 2025 and 2035.
• The Global CO2 Mineralization Technology Market Size is Anticipated to Reach USD 8.65 Billion by 2035.
• North America is expected to generate the highest demand during the forecast period in the CO2 Mineralization Technology Market.
• Asia Pacific is expected to grow the fastest during the forecast period in the CO2 Mineralization Technology Market.

 

 

Regional growth and demand

Asia Pacific is expected to grow the fastest during the forecast period in the CO2 mineralization technology market. With growing institutional and governmental involvement, the fastest growth rates are typically observed in countries like China, South Korea, Japan, and Australia where pilot plants and research collaborations are actively supported.

 

North America is expected to generate the highest demand during the forecast period in the CO2 mineralization technology market. The majority of operational projects are still located in this area, where Canadian provincial assistance and US IRA incentives maintain technological maturity at the forefront of worldwide deployment.

 

Top 10 CO2 Mineralization Technology Trends

1.Direct Integration of Air Capture

2.Industrial Waste Stream Utilization

3.Techniques for Accelerated Carbonation

4.Building Materials That Reduce Carbon

5.The Pathways of Biological Mineralization

6.Mineralization through Electrochemistry

7.AI optimization and digital monitoring

8.Commercialization Driven by Policies

9.Units That Are Mobile and Modular

10.International Cooperation and Standardization

 

1.Direct Integration of Air Capture

Direct air capture systems are increasingly being used in conjunction with CO2 mineralization to remove carbon directly from the atmosphere. This collaboration facilitates decentralized deployment and improves scalability, particularly in areas without industrial CO2 sources.

 

2.Industrial Waste Stream Utilization

Technologies are developing to use mine tailings, fly ash, and steel slag-industrial byproducts as mineral reactants. By turning waste into materials that store carbon, this not only lowers the cost of raw materials but also encourages circular economy principles.

 

3.Techniques for Accelerated Carbonation

The conversion of CO2 into stable carbonates is happening more quickly due to advancements in reaction kinetics, including pressure reactors, catalysts, and better temperature control. Throughput is increased, and mineralization becomes more economically feasible as a result of these developments.

 

4.Building Materials That Reduce Carbon

Mineralized CO2 is used in carbon-negative building materials to produce long-lasting goods like aggregates and concrete that actively store carbon while fulfilling structural purposes. By incorporating captured CO2 into durable infrastructure, this method turns construction into a climate-positive activity. Due to their dual advantages of lowering emissions and improving environmental resilience, these materials are becoming more and more popular as the demand for sustainable architecture rises.

 

5.The Pathways of Biological Mineralization

There is growing interest in studying the microbes and enzymes that promote mineral carbonation. These biological techniques provide low-energy substitutes and create new opportunities for soil and aquatic systems to sequester carbon in-situ.

 

Empower your strategic planning:

Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the CO2 mineralization technology market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.

 

Top 16 Companies Leading the CO2 Mineralization Technology Market

1.CarbonCure Technologies

2.Blue Planet Ltd.

3.Mineral Carbonation International

4.Solidia Technologies

5.Carbfix

6.Neustark AG

7.Green Minerals AS

8.Skyonic Corporation

9.Calix Limited

10.Carbon Clean

11.Airovation Technologies

12.Carbon Blade Corporation

13.ECO2MIX, Inc.

14.CO2Concrete

15.Cemex Ventures

16.Heidelberg Materials

17.Others

 

1.CarbonCure Technologies

Headquarters - Halifax, Nova Scotia, Canada.

Innovative carbon mineralization solutions for the concrete industry are developed and licensed by the cleantech company CarbonCure Technologies. Thanks to its technology, concrete manufacturers can mix fresh concrete while injecting captured CO2, which chemically transforms into a solid mineral embedded in the mixture. In addition to storing carbon indefinitely, this process improves the sustainability and performance of concrete products. CarbonCure's retrofit systems are widely used in North America and beyond, helping the industry make the shift to low-carbon building practices and advancing global net-zero objectives.

 

2.Blue Planet Ltd.

Headquarters - Los Gatos, California, United States.

A company with a focus on sustainability, Blue Planet Ltd. offers circular economy and integrated waste management solutions in several locations. Its technologies allow businesses to move from linear models to zero-waste systems by covering the whole waste value chain, from collection and processing to resource recovery and energy generation. To align its operations with global sustainability goals, the company prioritizes environmental decarbonization, landfill remediation, and ESG-driven impact.

 

3.Mineral Carbonation International

Headquarters - Canberra, Australian Capital Territory, Australia.

A climate technology company called Mineral Carbonation International (MCi) is at the forefront of developing scalable methods for capturing and using carbon through mineral carbonation. By mixing captured CO2 with low-grade minerals, its proprietary process speeds up natural rock-forming reactions and converts emissions into stable carbonates that can be used to make plasterboard and cement, among other building materials. MCi is positioned as a transition technology for industries that are difficult to reduce, like power generation, steel, and cement. Its goal is to commercialize carbon-negative products while assisting with global decarbonization initiatives.

 

4.Solidia Technologies

Headquarters - San Antonio, Texas, United States.

Solidia Technologies is a clean technology company that uses sustainable innovation to revolutionize the production of cement and concrete. Through its patented processes, CO2 can be used during curing to create solid minerals in concrete products, which lowers emissions and improves material performance. Solidia provides scalable solutions for carbon reduction in the construction sector by substituting low-lime alternatives for conventional Portland cement and improving curing conditions.

 

5.Carbfix

Headquarters - Reykjavík, Iceland

Carbon dioxide can be permanently stored through underground mineralization, according to Carbfix, a climate technology company. Its proprietary technique dissolves CO2 in water and injects it into basalt formations, simulating natural geological processes. The CO2 then reacts to form stable carbonate minerals. This strategy provides a long-term carbon sequestration solution that is safe, scalable, and environmentally friendly. Carbfix works with energy companies, businesses that emit carbon, and academic institutions to implement its technology in various regions, supporting global decarbonization initiatives and developing carbon removal techniques.

 

Are you ready to discover more about the CO2 mineralization technology market?

The report provides an in-depth analysis of the leading companies operating in the global CO2 mineralization technology market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:

 

Company Profiles

1.CarbonCure Technologies

• Business Overview
• Company Snapshot
• Products Overview
• Company Market Share Analysis
• Company Coverage Portfolio
• Financial Analysis
• Recent Developments
• Merger and Acquisitions
• SWOT Analysis

2.Blue Planet Ltd.

3.Mineral Carbonation International

4.Solidia Technologies

3.Mineral Carbonation International

6.Neustark AG

7.Green Minerals AS

8.Skyonic Corporation

9.Calix Limited

10.Carbon Clean

11.Airovation Technologies

12.Carbon Blade Corporation

13.ECO2MIX, Inc.

14.CO2Concrete

15.Cemex Ventures

16.Heidelberg Materials

17.Others

 

Conclusion

The market for CO2 mineralization technology is expanding as businesses look for long-term, scalable carbon sequestration solutions. The landscape is changing due to developments in biological pathways, accelerated carbonation, and integration with direct air capture. North America's policy-driven deployment and Asia Pacific's innovation hubs are driving regional growth. The creation of carbon-negative building materials and AI-optimized systems is another factor driving market growth. CO2 mineralization is becoming a key component of global decarbonization strategies due to the growing demand for sustainable products and circular practices.

 

About the Spherical Insights & Consulting

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