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Carbon Utilization

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Carbon Utilization ( carbon-utilization )

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market analyses,12 technical publications,13 and United Nations organization reports.14 To achieve these pro- jections, policies and measures will be needed to sup- port the growth of carbon utilization technologies and products across the various value chains. Without this support, it is uncertain whether this potential can be realized. Additional detail regarding various CCU tech- nologies and policies is presented in the sections below. TABLE 1: Market size and GHG mitigation potential of selected CCU sectors 2020 2025 2030 2020 2025 2030 MARKET SIZE: $ BILLION Concrete Fuels Aggregates Algae Ag/Feed Products Algae Fuels/Chemicals Polymers Commodity Chemicals 60 200 400 GHG MITIGATION: BILLIONS OF METRIC TONS OF CO2 Concrete Fuels Aggregates Algae Ag/Feed Products Algae Fuels/Chemicals Polymers Commodity Chemicals * 0.7 1.4 * * 2.1 * 0.7 3.6 * * 1.2 * * 2 * * * * * * * less than 0.5 billion tons CO2 5 4 3 2 1 0 60 250 30 150 10 120 4 200 3 25 5 12 Source: C2ES/Cogentiv Solutions analysis of market trends and potential greenhouse gas reduction capacity based on market projections from the Global CO2 Initiative’s Roadmap. CARBON UTILIZATION—A VITAL AND EFFECTIVE PATHWAY FOR DECARBONIZATION 7

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