Carbon Capture Materials Market
Carbon Capture Materials Market Size, Share, Competitive Landscape and Trend Analysis Report by Material Type, Technology and End Use industry: Global Opportunity and Industry Forecast (2025-2030).
Report ID:
1100
Industry:
Chemicals & Materials
Published on:
Dec 2025
Carbon Capture Materials Market Summary
Global Carbon Capture Materials Market was a value of USD 63.19 Billion in 2024 and expected it to hit USD 99.09 Billion by 2030, with a CAGR of 8.2 % during the forecast period (2025-2030).
Carbon Capture Materials Industry Trends and Analytical Insights
North America led the market in 2024 due to high CO₂ emissions, rapid industrialization, and strong decarbonization policies, with major investments in advanced capture materials.
Power generation was the largest consumer of carbon capture materials, driven by net-zero targets and rising use of amine solvents, MOFs, and advanced composites.
ExxonMobil, Shell, Linde, Carbon Clean, Climeworks, Svante, and MHI expanded pilots, developed new materials, and partnered with energy firms for large CCUS projects.
Market Size & Forecast
Market Size 2024: USD 63.19 Billion
Projected Market Size 2030: USD 99.09 Billion
CAGR (2024-2030): 8.2%
North America: Dominating market in 2024
Carbon Capture Materials Market Overview
Global deployment of carbon capture has gained real momentum in recent years, driven by rising climate urgency, policy support, and growing industrial interest, which significantly boost the Carbon Capture Materials Market growth. According to the International Energy Agency (IEA), as of 2024 there are around 45 commercial CO₂-capture facilities worldwide, with a combined annual capacity exceeding 50 million tonnes CO₂ captured per year. The pipeline behind this is expanding rapidly as per the Global CCS Institute’s 2025 status report, the number of operational carbon-capture projects increased by 54% year-on-year, rising from 50 to 77. Moreover, there are dozens of additional projects — some under construction, many in development — suggesting capacity could significantly expand over the coming years, which is expected to boost the Carbon Capture Material industry. Most current CO₂ capture is concentrated in relatively “easier” applications — for instance natural-gas processing facilities. The IEA estimates that approximately 65% of existing capture capacity comes from natural gas processing, given its lower cost and simpler CO₂ streams.
On the technology and materials side, “point-source carbon capture” (capture at emission sites) remains the core deployment mode. According to a recent U.S. government technical review, advances have enabled capture even from comparatively dilute flue-gas streams, producing CO₂ streams with purities of 90% or higher by volume under optimal conditions.
Carbon Capture Materials Market Dynamics
Strong policy & regulatory pressure for emission reductions to boost Carbon Capture Materials Market growth
Tightening climate and emissions regulations worldwide are forcing industries to reduce CO₂ output — this is perhaps the single strongest driver. Many governments are adopting aggressive decarbonization targets and carbon-pricing mechanisms, which make carbon capture materials demand economically more attractive. Regulatory frameworks and incentives — such as subsidies, tax credits, and other fiscal support for carbon capture, utilization and storage (CCUS) — play a critical role in stimulating industrial uptake.
Industries such as cement, steel, chemicals, heavy manufacturing, and power generation are among the largest sources of CO₂ emissions and often have limited alternatives to emissions-intensive processes. Carbon capture remains one of the few viable decarbonization options for these sectors. As global energy transition efforts accelerate — including expansion of low-carbon hydrogen, ammonia, and synthetic fuels — carbon capture becomes increasingly relevant. For example, carbon capture linked with hydrogen production or bioenergy with carbon capture is expected to grow rapidly, which is expected to boost the Carbon Capture Materials Market growth.
Increasingly, large corporations and industrial emitters are publicly committing to “net-zero by 2050 / 2060” or similar targets. To meet these targets — especially for emissions that cannot be easily eliminated — CCUS including carbon capture is becoming a strategic priority. This drives demand for carbon capture materials and technologies. For companies, carbon capture materials and systems offer a way to align regulatory compliance, public commitments, and investor/stakeholder expectations — creating long-term demand.
Expert Insights:
Stricter climate laws and expanding carbon-pricing frameworks are making CO₂ capture mandatory for many industries. Major government incentives—such as U.S. federal carbon-management funding and EU industrial decarbonization mandates—are accelerating investment in capture materials. As regulations tighten toward 2030, demand for high-efficiency solvents, sorbents, and membranes will surge.
Carbon Capture Materials Market Segment Analysis
Based on End Use Industry, the market is segmented into Power Generation, Cement & Lime Manufacturing, Iron & Steel, Oil & Gas / Refining, and Others. Power Generation segment dominated the market in 2024 and is expected to hold the largest Carbon Capture Materials Market share over the forecast share. The power generation segment is the largest and most critical application area for carbon capture materials, as coal-, gas-, and biomass-based power plants are among the biggest sources of CO₂ emissions. Carbon capture materials—such as amine-based solvents, solid sorbents, membranes, and MOFs—are used to trap CO₂ from flue gases before it enters the atmosphere.
Growing global pressure to achieve net-zero targets, along with supportive policies, tax incentives, and large-scale retrofitting of existing power plants, is boosting adoption. The shift toward cleaner thermal power and the rise of CCUS-equipped power plants further drive demand for these materials during 2025–2030.
Carbon Capture Materials Market Regional Analysis:
North America dominated the market in 2024 and is expected to hold the largest Carbon Capture Materials Market share over the forecast period. North America is a leading commercial market for carbon capture materials driven by large public funding programs, a mature petrochemical/solvent supply chain, and many early commercial CCS projects. The U.S. federal government has directed multi-billion dollar funds (DOE programs, CarbonSAFE, regional hubs) to accelerate point-source capture, DAC, transport and storage, and NETL/DOE compendia and technical reviews guide material R&D and deployment. As of 2024–2025 the U.S. hosts a high share of operational and FID projects and multiple hub initiatives (tens of projects staged across the Gulf Coast and other basins) that create demand for amine solvents, engineered sorbents and membrane modules. This region is also home to many pilot-to-commercial scale testbeds that validate sorbent lifetime and regeneration energy at scale.
Carbon Capture Materials Market Competitive Landscape
BASF announced it is the first company to produce metal-organic frameworks (MOFs) at production scale of several hundred tonnes per year, signalling a move from lab to industrial supply of advanced sorbents suitable for CO₂ adsorption applications. This gives BASF the ability to supply high-quality adsorbent material volumes that many pilot projects need.
Climeworks is a frontrunner in Direct Air Capture and has brought the Mammoth plant online with a design nameplate capture capacity of up to 36,000 t CO₂/year, aiming to scale its modular DAC stacks to reach megaton-scale ambitions by 2030. Their business combines in-house sorbent/modules, plant deployment and offtake contracts.
Carbon Capture Materials Market Scope
Major Carbon Capture Materials Key Players include:
1. BASF
2. Climeworks
3. Svante
4. Carbon Clean
5. Carbon Engineering
6. Aker Carbon Capture
7. Shell
8. ExxonMobil
9. Mitsubishi Heavy Industries (MHI)
10. Honeywell UOP
11. Linde
12. Air Liquide
13. DOW
14. Solvay
15. Tosoh Corporation
16. Zeochem (Tosoh affiliate / specialty adsorbents)
17. CarbonCure
18. Carbfix
19. Global Thermostat
20. CarbonBuilt
Frequently asked Questions:
1. Which region dominated the market in 2024?
Ans: North America led the market in 2024 due to strong government-funded CCUS programs, rising industrial emissions, and large-scale adoption of advanced sorbents, solvents, and membrane systems.
2. Which companies are leading the Carbon Capture Materials Market?
Ans: Key players include ExxonMobil, Shell, Linde, Carbon Clean, Climeworks, Svante, and Mitsubishi Heavy Industries, with strong focus on material innovations, pilot expansion, and technology licensing.
3. What is the outlook for the market by 2030?
Ans: With accelerating industrial decarbonization, expanding CCUS hubs, and major investments in next-generation materials, the Carbon Capture Materials Market is expected to maintain strong, steady growth reaching nearly USD 100 billion by 2030.
4. What is the market size of the Carbon Capture Materials Market?
Ans: The global Carbon Capture Materials Market was valued at USD 63.19 billion in 2024 and is projected to reach USD 99.09 billion by 2030, growing at a CAGR of 8.2%.