Europe Carbon Capture Utilization Market Size Is Projected To Reach USD 3.9 Billion By 2028
San Francisco, 17 March 2022: The Report Europe Carbon Capture Utilization Market Size, Share & Trends Analysis Report By Application (Enhanced Oil Recovery, Industrial, And Agriculture), By Country (Germany, France, Netherland, Poland, Austria), And Segment Forecasts, 2020 - 2028 The Europe carbon capture utilization market size is expected to reach USD 3,985.4 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 18.4% from 2020 to 2028. Increasing applications of CCU in the enhanced oil recovery (EOR) in the oil and gas segment are expected to contribute to the growth of the market. Further, the food and beverages, chemicals, cement, and other industries are anticipated to be the major application segments that are expected to contribute to the growth of the market over the forecast period. Industrial emerged as the largest market share in 2020 in terms of value for application segment as it is used in the indu