Transcritical Co2 Market The global transcritical CO2 market is experiencing rapid growth, driven by increasing environmental concerns and the rising demand for energy-efficient refrigeration and air conditioning systems. In 2024, the market reached a substantial valuation of USD 60.3 billion, reflecting the growing adoption of CO2 as a natural refrigerant. Projections indicate significant expansion, with the market size expected to reach USD 210.2 billion by 2033. This impressive growth is characterized by a compound annual growth rate (CAGR) of 14.9% during the forecast period from 2025 to 2033. Key factors driving this growth include the phase-out of hydrofluorocarbons (HFCs) due to their high global warming potential, the increasing focus on energy efficiency and sustainability, and the growing demand for commercial refrigeration systems in the food and beverage industry. The transcritical CO2 market encompasses a wide range of applications, including supermarkets, industrial refrigeration, and heat pumps, contributing to the transition towards more environmentally friendly and energy-efficient cooling technologies. #marketresearch #business #marketanalysis #markettrends #researchreport #marketreport #marketforecast #marketanalysis #marketgrowth #imarcgroup Grab a sample pdf: https://www.imarcgroup.com/transcritical-co2-market