The Global Carbon Dioxide Transportation Market was valued at USD 10.06 Billion in 2025 and is projected to reach USD 18.26 Billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 8.8% during the forecast period (2024–2034). This robust growth is being driven by the global expansion of Carbon Capture, Utilization, and Storage (CCUS) projects, stringent climate policies, and massive investments in decarbonization infrastructure across major industrial sectors.
As the world accelerates its transition to a low-carbon economy, the critical logistics of transporting captured CO₂ from emission sources to storage or utilization sites are taking center stage. In this blog, we profile the Top 10 Companies in the Carbon Dioxide Transportation Industry—a mix of established energy infrastructure leaders, specialized midstream operators, and innovative project developers who are building the pipelines and shipping networks essential for achieving climate goals.
🔟 1. Kinder Morgan, Inc.
Headquarters: Houston, Texas, USA
Key Offering: CO₂ Pipeline Transportation, Enhanced Oil Recovery (EOR) Services
Kinder Morgan operates one of the largest networks of CO₂ pipelines in the world, primarily in the United States. With approximately 1,300 miles of pipelines, the company is a dominant force in transporting CO₂ for Enhanced Oil Recovery, moving over 1.3 billion cubic feet per day. Their extensive experience in handling dense-phase CO₂ positions them as a key player for future CCUS logistics.
Strategic Initiatives:
-
Leveraging existing pipeline infrastructure for new CCUS corridors
-
Exploring partnerships for carbon capture projects linked to industrial hubs
-
Investing in pipeline integrity and capacity expansion for CO₂ service
Download FREE Sample Report: Carbon Dioxide Transportation Market – View in Detailed Research Report
9️⃣ 2. Denbury Inc.
Headquarters: Plano, Texas, USA
Key Offering: CO₂ Pipeline Transportation, EOR Operations, CO₂ Source Management
Denbury is a unique company with a business model centered around CO₂ EOR. It owns and operates the largest dedicated CO₂ pipeline network in the U.S., spanning over 1,300 miles across the Gulf Coast and Rocky Mountain regions. Denbury’s integrated approach, from sourcing industrial CO₂ to its transportation and injection for oil recovery, provides a proven blueprint for CCUS value chains.
Strategic Initiatives:
-
Transitioning its business model to include permanent carbon sequestration services
-
Developing “Carbon Capture Corridors” to connect industrial emitters to its pipeline network
8️⃣ 3. TC Energy Corporation
Headquarters: Calgary, Alberta, Canada
Key Offering: Energy Infrastructure Development, Proposed CO₂ Transportation Solutions
TC Energy, a leading North American energy infrastructure company, is actively developing large-scale CO₂ transportation systems to support CCUS hubs. With its expertise in building and operating complex pipeline networks for natural gas, the company is well-positioned to become a major transporter of captured carbon, particularly in the Alberta and U.S. Midwest regions.
Strategic Initiatives:
-
Advancing the Alberta Carbon Grid project to transport CO₂ from the Alberta Industrial Heartland
-
Partnering with industry leaders to develop open-access CO₂ transportation networks
7️⃣ 4. Northern Lights JV (Equinor, Shell, TotalEnergies)
Headquarters: Bergen, Norway
Key Offering: Cross-Border CO₂ Shipping and Subsea Storage Infrastructure
Northern Lights is a groundbreaking joint venture developing the world’s first open-source, cross-border CO₂ transport and storage infrastructure. This project is a cornerstone of Europe’s decarbonization strategy, offering transportation via specialized ships and permanent storage in geological formations under the North Sea. It represents a pioneering model for international carbon management.
Strategic Initiatives:
-
Building specialized CO₂ carrier ships for maritime transport
-
Developing receiving facilities and subsea pipelines for offshore storage
-
Creating an open-access business model for emitters across Europe
Download FREE Sample Report: Carbon Dioxide Transportation Market – View in Detailed Research Report
6️⃣ 5. Occidental Petroleum (Oxy) / 1PointFive
Headquarters: Houston, Texas, USA
Key Offering: Integrated CCUS Solutions, including CO₂ Transportation via Pipeline
Through its low-carbon venture 1PointFive, Occidental is developing the largest Direct Air Capture (DAC) facility in the world, Stratos, in Texas. A critical component of this project is the transportation of captured CO₂, for which Oxy leverages its vast experience in CO₂-EOR and pipeline logistics. The company is building infrastructure to transport CO₂ for both EOR and dedicated geological sequestration.
Strategic Initiatives:
-
Developing dedicated pipelines for its DAC and other capture projects
-
Partnering to create carbon management hubs in the U.S. Gulf Coast region
5️⃣ 6. Summit Carbon Solutions
Headquarters: Ames, Iowa, USA
Key Offering: Development of a Major CO₂ Pipeline Network for Biofuel Plants
Summit Carbon Solutions is developing one of the most ambitious carbon transportation projects globally—the Midwest Carbon Express. This planned pipeline network will span over 2,000 miles across five U.S. states, collecting CO₂ from ethanol and other industrial plants for transport to permanent underground storage in North Dakota. It exemplifies the hub-and-spoke model for carbon management.
Strategic Initiatives:
-
Aggregating CO₂ from over 30 ethanol plants into a single transportation system
-
Navigating regulatory and permitting processes for multi-state infrastructure
4️⃣ 7. Navigator CO₂ Ventures
Headquarters: Dallas, Texas, USA
Key Offering: Heartland Greenway CO₂ Pipeline System
Navigator CO₂ Ventures is developing the Heartland Greenway, a 1,300-mile pipeline system designed to transport CO₂ from Midwest biorefineries and other industrial sources to a permanent sequestration site in Illinois. As a pure-play midstream company focused on CO₂, Navigator is a key innovator in building dedicated carbon infrastructure.
Strategic Initiatives:
-
Focusing on the agricultural and biofuels sector for initial CO₂ sourcing
-
Establishing one of the first large-scale dedicated CO₂ sequestration sites in the U.S. Midwest
3️⃣ 8. Wolf Midstream
Headquarters: Calgary, Alberta, Canada
Key Offering: Alberta Carbon Trunk Line (ACTL) Operation
Wolf Midstream owns and operates the Alberta Carbon Trunk Line (ACTL), one of the world’s largest capacity CO₂ pipelines built for CCUS. The ACTL captures CO₂ from an agri-food processing facility and a fertilizer plant and transports it for use in EOR. This project demonstrates the successful implementation of a large-scale, shared carbon transportation infrastructure.
Strategic Initiatives:
-
Expanding the capacity and connectivity of the ACTL to new industrial emitters
-
Exploring opportunities for dedicated geological storage beyond EOR
2️⃣ 9. Linde plc
Headquarters: Guildford, UK (Global Operations)
Key Offering: CO₂ Capture, Purification, Liquefaction, and Logistics
Linde, a global industrial gases leader, brings critical expertise in the handling, purification, and transportation of CO₂. The company operates a fleet of road tankers and has extensive experience in managing CO₂ supply chains for various industries. Linde’s engineering prowess is also applied to designing capture and liquefaction units that are essential precursors to transportation.
Strategic Initiatives:
-
Providing end-to-end carbon management solutions, including transportation
-
Leveraging its gas logistics network for CO₂ distribution
1️⃣ 10. Baker Hughes
Headquarters: Houston, Texas, USA
Key Offering: Compression Technology, Pipeline Equipment, and Monitoring Solutions for CO₂ Transport
Baker Hughes is a critical enabler of the CO₂ transportation market through its advanced technological solutions. The company provides the turbo-compression equipment needed to pressurize CO₂ for pipeline transport, along with condition monitoring systems, valves, and pipes designed for the specific challenges of CO₂ service, ensuring the safety and efficiency of the entire transport network.
Strategic Initiatives:
-
Developing next-generation compression technologies optimized for CO₂
-
Providing digital monitoring solutions for pipeline integrity and leak detection
Get Full Report Here: Carbon Dioxide Transportation Market – View in Detailed Research Report
🌍 Outlook: The Future of Carbon Dioxide Transportation Is Networked and Integrated
The carbon dioxide transportation market is undergoing a fundamental transformation. While point-to-point pipelines for EOR have historically dominated, the industry is now investing heavily in shared, multi-modal infrastructure designed to support widespread CCUS deployment and permanent carbon sequestration.
📈 Key Trends Shaping the Market:
-
Rapid development of carbon hubs and clusters with shared pipeline networks in North America and Europe
-
Regulatory push for net-zero targets, creating guaranteed demand for CO₂ transport capacity
-
Growth of CO₂ shipping as a flexible solution for connecting capture sites to offshore storage
-
Industry-emitter partnerships to de-risk and finance large-scale transportation projects
Get Full Report Here: Carbon Dioxide Transportation Market – View in Detailed Research Report
The companies listed above are not only building the logistical backbone for decarbonization—they’re proving that a coordinated, large-scale approach to carbon management is both feasible and commercially viable, paving the way for a net-zero future.
- Top 9 Companies in the Global High-strength High-film Polyethylene Fiber Industry (2026): Market Leaders Driving Innovation and Performance - April 4, 2026
- Top 10 Companies in the Global Battery Sealant Industry (2026): Market Leaders Powering the Future of Energy Storage - April 4, 2026
- Top 10 Companies in the Global Cooling Nylon Yarn Industry (2026): Market Leaders Driving Performance Textile Innovation - April 4, 2026
