As the world intensifies its efforts to achieve net-zero emissions, Carbon capture, utilization, and storage (CCUS) technologies are emerging as critical solutions for reducing emissions across essential hard-to-abate sectors sectors. CCUS refers to technologies that capture CO2 emissions and use or store them, leading to permanent sequestration. CCUS technologies capture carbon dioxide emissions from large power sources, including power generation or industrial facilities that use either fossil fuels or biomass for fuel. CO2 can also be captured directly from the atmosphere.
If not utilized onsite, captured CO2 is compressed and transported by pipeline, ship, rail or truck to be used in a range of applications, or injected into deep geological formations (including depleted oil and gas reservoirs or saline formations) which trap the CO2 for permanent storage.
The increasing interest in CO2 conversion technologies is reflected in the growing amount of private and public funding that has been channelled to companies in this field. Over the last decade, global private funding for CO2 use start-ups is over $9 billion, primarily in the form of venture capital and growth equity. Large corporations are also increasing their R&D investments and governments are allocating increasing funding.
In 2024, carbon capture investments have been a key focus for energy-related corporate and VC investment. The largest deal in Q1 was a $90m series A funding round for Carbon Capture, a US-based CO2 removal technology developer, backed by Aramco Ventures, Amazon’s Climate Pledge Fund and Siemens Financial Services. Other carbon capture-related deals included the $36m series A round by direct air capture tech developer Avnos, backed by Shell Ventures.
Mission Zero Technologies received $28m in a series A round, backed by Siemens. US-based ocean’s carbon removal tech developer Captura also closed a $22m series A round that featured Aramco Ventures, Equinor Ventures as well as other corporates like Eni, Hitachi and EDP.
The Global Carbon Capture, Utilization and Storage (CCUS) Market 2025-2045 offers an in-depth analysis offers valuable insights for stakeholders in the energy, industrial, and environmental sectors, as well as policymakers, investors, and researchers seeking to understand the transformative potential of CCUS in the global transition to a low-carbon economy.
Report contents include:
- Analysis of market trends for integrated CCUS solutions, the rise of direct air capture technologies, and the growing interest in CO2 utilization for value-added products.
- In-depth examination of key CCUS technologies, their current state of development, and future innovations.
- Carbon Capture:
- Post-combustion capture
- Pre-combustion capture
- Oxy-fuel combustion
- Direct air capture (DAC)
- Emerging capture technologies (e.g., membrane-based, cryogenic)
- Carbon Utilization:
- CO2-derived fuels and chemicals
- Building materials and concrete curing
- Enhanced oil recovery (EOR)
- Biological utilization (e.g., algae cultivation)
- Mineralization processes
- Carbon Storage:
- Geological sequestration in saline aquifers
- Depleted oil and gas reservoirs
- Enhanced oil recovery (EOR) with storage
- Mineral carbonation
- Ocean storage (potential future applications)
- Carbon Capture:
- Technology readiness levels (TRLs) of various CCUS approaches, highlighting areas of rapid advancement and identifying potential game-changers in the industry.
- Global CCUS capacity additions by technology and region
- CO2 capture volumes by source (power generation, industry, direct air capture)
- Utilization volumes by application (fuels, chemicals, materials, EOR)
- Storage volumes by type (geological, mineralization, other)
- Market size and revenue projections for key CCUS segments
- Investment trends and capital expenditure forecasts
- Comprehensive overview of the CCUS industry value chain, from technology providers and equipment manufacturers to project developers and end-users.
- Detailed profiles of over 310 companies across the CCUS value chain.
- Analysis of key players' strategies, market positioning, and competitive advantages
- Assessment of partnerships, mergers, and acquisitions shaping the industry
- Evaluation of emerging start-ups and innovative technology providers
- Regional Analysis including current and planned CCUS projects, regulatory frameworks, investment climates, and growth opportunities.
- Policy and Regulatory Landscape
- Analysis of global, regional, and national climate policies impacting CCUS
- Overview of carbon pricing mechanisms and their effect on CCUS economics
- Examination of incentives, tax credits, and support schemes for CCUS projects
- Assessment of regulatory frameworks for CO2 transport and storage
- Projections of future policy developments and their market implications
- Detailed cost breakdowns for capture, transport, utilization, and storage
- Analysis of cost reduction trends and projections
- Comparison of CCUS costs across different applications and technologies
- Assessment of revenue streams and business models for CCUS projects
- Evaluation of the role of carbon markets in CCUS economics
Challenges and Opportunities including:
- High capital and operational costs
- Technological barriers and scale-up issues
- Public perception and social acceptance
- Regulatory uncertainty and policy risks
- Infrastructure development needs
Emerging opportunities, such as:
- Integration with hydrogen production for blue hydrogen
- Negative emissions technologies (NETs) like BECCS and DACCS
- Development of CCUS hubs and clusters
- Novel CO2 utilization pathways in high-value products
- Potential for CCUS in hard-to-abate sectors
Future Outlook and Scenarios including:
- Pace of technological innovation
- Strength of climate policies and carbon pricing
- Public acceptance and support for CCUS
- Integration with other clean energy technologies
- Global economic trends and energy market dynamics
This comprehensive market report is an essential resource for:
- Energy and industrial companies exploring CCUS opportunities
- Technology providers and equipment manufacturers in the CCUS space
- Project developers and investors in clean energy and climate solutions
- Policymakers and regulators shaping climate and energy policies
- Research institutions and academics studying carbon management strategies
- Environmental organizations and think tanks focused on climate change mitigation
- Financial institutions and analysts assessing the CCUS market potential
Table of Contents
1 ABBREVIATIONS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 3R-BioPhosphate
- 44.01
- 8Rivers
- Adaptavate
- Aeroborn B.V.
- Aether Diamonds
- Again
- Air Company
- Air Liquide S.A.
- Air Products and Chemicals Inc.
- Air Protein
- Air Quality Solutions Worldwide DAC
- Aircela Inc
- Airco Process Technology
- Airex Energy
- AirHive
- Airovation Technologies
- Algal Bio Co. Ltd.
- Algenol
- Algiecel ApS
- Andes Ag Inc.
- Aqualung Carbon Capture
- Arborea
- Arca
- Arkeon Biotechnologies
- Asahi Kasei
- AspiraDAC Pty Ltd.
- Aspiring Materials
- Atoco
- Avantium N.V.
- Avnos Inc.
- Aymium
- Axens SA
- Azolla
- BASF Group
- Barton Blakeley Technologies Ltd.
- BC Biocarbon
- Blue Planet Systems Corporation
- BluSky Inc.
- BP PLC
- Breathe Applied Sciences
- Bright Renewables
- Brilliant Planet
- bse Methanol GmbH
- C-Capture
- C2CNT LLC
- C4X Technologies Inc.
- Cambridge Carbon Capture Ltd.
- Capchar Ltd.
- Captura Corporation
- Capture6
- Carba
- CarbiCrete
- Carbfix
- Carboclave
- Carbo Culture
- Carbofex Oy
- Carbominer
- Carbonade
- Carbonaide Oy
- Carbonaught Pty Ltd.
- CarbonBuilt
- Carbon CANTONNE
- Carbon Capture Inc. (CarbonCapture)
- Carbon Capture Machine (UK)
- Carbon Centric AS
- Carbon Clean Solutions Limited
- Carbon Collect Limited
- Carbon Engineering Ltd.
- Carbon Geocapture Corp
- Carbon Infinity Limited
- Carbon Limit
- Carbon Neutral Fuels
- Carbon Recycling International
- Carbon Re
- Carbon Reform Inc.
- Carbon Ridge Inc.
- Carbon Sink LLC
- CarbonStar Systems
- Carbon Upcycling Technologies
- CarbonCure Technologies Inc.
- Carbonfree Chemicals
- CarbonFree
- CarbonMeta Research Ltd
- Carbonova
- CarbonOrO Products B.V.
- CarbonQuest
- Carbon-Zero US LLC
- CarbonScape Ltd.
- Carbon8 Systems
- Carbon Blade
- Carbon Blue
- Carbyon BV
- Cella Mineral Storage
- Cemvita Factory Inc.
- CERT Systems Inc.
- CFOAM Limited
- Charm Industrial
- Chevron Corporation
- Chiyoda Corporation
- China Energy Investment Corporation (CHN Energy)
- Climeworks
- CNF Biofuel AS
- CO2 Capsol
- CO2Rail Company
- CO2CirculAir B.V.
- Compact Carbon Capture AS (Baker Hughes)
- Concrete4Change
- Coval Energy B.V.
- Covestro AG
- C-Quester Inc.
- Cquestr8 Limited
- CyanoCapture
- D-CRBN
- Decarbontek LLC
- Deep Branch Biotechnology
- Deep Sky
- Denbury Inc.
- Dimensional Energy
- Dioxide Materials
- Dioxycle
- Earth RepAIR
- Ebb Carbon
Methodology
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