Global Direct Air Capture and Storage Technology Market Growth (Status and Outlook) 2025-2031

The global Direct Air Capture and Storage Technology market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

Direct air capture (DAC) is a process of capturing carbon dioxide (CO2) directly from the ambient air (as opposed to capturing from point sources, such as a cement factory or biomass power plant) and generating a concentrated stream of CO2 for sequestration or utilization.



The number of DAC facilities has been growing in recent years, and there are currently 18 DAC projects in operation around the world, located in Canada, Europe and the United States, with 16 of them selling the carbon dioxide they capture. Currently, the world"s largest DAC project will be put into operation in Iceland in September 2021. It can capture and store 4,000 tons of carbon dioxide per year. The project stores carbon dioxide through mineralization, which involves mixing carbon dioxide captured from the air with carbon dioxide captured from geothermal fluids, injecting it into basalt rock formations and storing it underground, converting the carbon dioxide into minerals through mineralization. In addition, a large-scale DAC project with a collection capacity of up to 1 million tons per year is under construction and is expected to be completed and put into operation in the United States in 2025.

LPI (LP Information)' newest research report, the “Direct Air Capture and Storage Technology Industry Forecast” looks at past sales and reviews total world Direct Air Capture and Storage Technology sales in 2024, providing a comprehensive analysis by region and market sector of projected Direct Air Capture and Storage Technology sales for 2025 through 2031. With Direct Air Capture and Storage Technology sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Direct Air Capture and Storage Technology industry.

This Insight Report provides a comprehensive analysis of the global Direct Air Capture and Storage Technology landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Direct Air Capture and Storage Technology portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Direct Air Capture and Storage Technology market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Direct Air Capture and Storage Technology and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Direct Air Capture and Storage Technology.

This report presents a comprehensive overview, market shares, and growth opportunities of Direct Air Capture and Storage Technology market by product type, application, key players and key regions and countries.

Segmentation by Type:
Physical Absorption in Liquid Media
Adsorption on Solid Media

Segmentation by Application:
Food and Beverage
Greenhouse
Energy, Fuel, etc.

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Carbon Engineering
ClimeWorks
Global Thermostat
CarbonCapture Inc.
Sustaera
Mission Zero
AirCapture LLC
Heirloom

Please note: The report will take approximately 2 business days to prepare and deliver.