The hardened cement paste powder (HCP) powder, devoid of the hydration cementing property, can be regenerated and cemented into a test block with practical strength of almost 60 MPa via CO2 carbonization using appropriate means. This study established a kinetic model of CO2 curing of an HCP powder test block based on the degree of carbonization to study the carbonization reaction kinetic characteristics of the test block. The model was modified according to the characteristics of the evident temperature differences in the reaction kettle in the early, middle, and late stages of the carbonization process. The proposed model can be used to formulate and control the carbonization and cementation processes of HCP powder and can also be applied to describe the kinetics of the reaction processes of other similar systems.