Microalgae CO Capture Market to Surpass USD 1.8 Billion by 2032 at 12.7% CAGR Amid 35% Industrial Adoption Growth

The global Microalgae Co Capture Market was valued at USD 642 million in 2023 and is projected to reach USD 1.8 billion by 2032, expanding at a robust CAGR of 12.7% from 2024 to 2032. Rising carbon emissions, which crossed 37.4 billion metric tons globally in 2023, are accelerating demand for biological carbon sequestration. Microalgae systems demonstrate CO₂ absorption efficiency of 1.8–2.2 kg per kg of biomass, positioning the Microalgae Co Capture Market as a scalable climate mitigation solution.

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Microalgae CO₂ Capture Market Research Report 2033
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Microalgae CO₂ Capture Market Research Report 2033

As per our latest market intelligence, the Global Microalgae CO₂ Capture market size was valued at $412 million in 2024, and is forecasted to hit $1.36 billion by 2033, growing at a CAGR of 14.2%.