CO₂ utilisation
Using captured CO₂ in enhanced oil recovery, concrete mineralisation, fuels and chemicals
3 leading companies in co₂ utilisation, one segment of carbon capture — Capturing CO₂ from smokestacks and the air, then storing or using it — 68 Mtpa operating worldwide, subsidy-led
new market segment · researched 2026-11-14
Point-source carbon captureCO₂ transport & storageDirect air captureCO₂ utilisationCarbon-removal credits
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Leading co₂ utilisation companies
3 companies, with the scale each source states. Scale is the whole company's unless the row says otherwise.
| Company | Where | What they do | Scale |
|---|---|---|---|
| CarbonCure Technologies ↗ | Halifax, Canada since 2012 | Injects captured CO₂ into concrete, where it mineralises permanently; co-winner of a US$7.5M NRG COSIA Carbon XPRIZE grand prize (2021) | — |
| Heidelberg Materials HEI.DE ↗ | Heidelberg, Germany | Opened Brevik CCS, the first industrial-scale capture at a cement plant (June 2025), and sells evoZero carbon-captured cement | Brevik capture capacity: 400,000 tonnes CO₂ per year (2025) ↗ |
| SaskPower (Boundary Dam 3) ↗ | Regina, Canada | Operates the Boundary Dam Unit 3 coal-power capture retrofit (opened Oct 2014, ~C$1.5B after overruns); sells CO₂ for EOR | design capture (90% of unit emissions): 1 Mt CO₂ per year (approx.) (2014) ↗ |
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The carbon capture market
The whole market this segment sits in.
operating CO₂ capture capacity · world68
↗Mt CO₂ per year (Mtpa) · 2026
Growth, segments, risks and every company in carbon capture →
Quick answers
- What is co₂ utilisation?
- Using captured CO₂ in enhanced oil recovery, concrete mineralisation, fuels and chemicals. It is one segment of the carbon capture market.
- Who are the leading co₂ utilisation companies?
- CarbonCure Technologies (Canada), Heidelberg Materials (Germany), SaskPower (Boundary Dam 3) (Canada).
- Which co₂ utilisation companies are publicly traded?
- Heidelberg Materials (HEI.DE).
- Which Canadian companies are in co₂ utilisation?
- CarbonCure Technologies, Halifax; SaskPower (Boundary Dam 3), Regina.
- How big is the carbon capture market?
- For the whole carbon capture market, not this segment alone: operating CO₂ capture capacity (world) 68 Mt CO₂ per year (Mtpa), 2026 — Global CCS Institute.