Transcritical CO2 Market Size and Share by 2031
Transcritical CO2 Market: Size and Share
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CAGR (2025 - 2031)16.8% -
Market Size 2024
US$ 54.15 Billion -
Market Size 2031
US$ 156.99 Billion

Market Dynamics
- Growing Emphasis on Sustainable Refrigeration and Storage Technologies
- Rise in Demand for Energy-Efficient Air Conditioning in Data Centers Across North America and Europe
- Implementation in Supermarkets and Convenience Stores
- Rising Significance of CO2 Refrigerants in Food & Beverages and Pharmaceutical Industries
- Advanced Integrated Systems Unlocking Operational Efficiency and Cost Savings
- Utilization of Waste CO2 for Refrigeration
Market Segmentation

- Ice Skating Rinks
- Food Processing and Storage Facilities
- Heat Pumps
- Supermarkets and Convenience Stores

- Air Conditioning
- Refrigeration
- Heating
Transcritical CO2 Market Players Density: Understanding Its Impact on Business Dynamics
The Transcritical CO2 Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Transcritical CO2 Market are:
- TEKO Gesellschaft fur Kaltetechnik GmbH
- Baltimore Aircoil Co
- BITZER Kuhlmaschinenbau GmbH
- Carrier Global Corp
- Danfoss AS
- Hussmann Corp
Disclaimer: The companies listed above are not ranked in any particular order.

- Get the Transcritical CO2 Market top key players overview