Direct Air Carbon Capture Technology Market In 2029
The Business Research Company's Direct Air Carbon Capture Technology Global Market Report 2026 – Market Size, Trends, And Global Forecast 2026-2035
LONDON, GREATER LONDON, UNITED KINGDOM, January 9, 2026 /EINPresswire.com/ -- "Direct Air Carbon Capture Technology Market to Surpass $6 billion in 2029. Within the broader Utilities industry, which is expected to be $8,843 billion by 2029, the Direct Air Carbon Capture Technology market is estimated to account for nearly 0.07% of the total market value.
Which Will Be the Biggest Region in the Direct Air Carbon Capture Technology Market in 2029
North America will be the largest region in the direct air carbon capture technology market in 2029, valued at $3,671 million. The market is expected to grow from $1,545 million in 2024 at a compound annual growth rate (CAGR) of 19%. The rapid growth can be attributed to the growing adoption of renewable energy and supportive government policies.
Which Will Be The Largest Country In The Global Direct Air Carbon Capture Technology Market In 2029?
The USA will be the largest country in the direct air carbon capture technology market in 2029, valued at $3,521 million. The market is expected to grow from $1,501 million in 2024 at a compound annual growth rate (CAGR) of 19%. The rapid growth can be attributed to the supportive government policies and growing adoption of renewable energy.
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What will be Largest Segment in the Direct Air Carbon Capture Technology Market in 2029?
The direct air carbon capture technology market is segmented by technology type into solid-direct air carbon capture (DAC), liquid-direct air carbon capture (DAC) and electrochemical-direct air carbon capture (DAC). The solid-direct air carbon capture (DAC) market will be the largest segment of the direct air carbon capture technology market segmented by technology type, accounting for 65% or $3,904 million of the total in 2029. The solid-direct air carbon capture (DAC) market will be supported by its ability to provide high CO₂ (carbon dioxide) capture efficiency, lower energy consumption and reduced operating costs through the use of advanced solid sorbents, along with growing adoption in large-scale carbon removal projects, industrial applications and climate mitigation initiatives driven by the rising need for scalable, energy-efficient and cost-effective carbon capture solutions.
The direct air carbon capture technology market is segmented by application into carbon capture and storage (CCS) and carbon capture, utilization and storage (CCUS). The carbon capture and storage (CCS) market will be the largest segment of the direct air carbon capture technology market segmented by application, accounting for 81% or $4,867 million of the total in 2029. The carbon capture and storage (CCS) market will be supported by its ability to permanently store captured CO₂ (carbon dioxide) in geological formations, prevent atmospheric emissions and ensure long-term climate mitigation, along with growing adoption in industrial decarbonization projects, large-scale carbon removal initiatives and government-backed climate programs driven by the need for safe, reliable and scalable carbon storage solutions.
The direct air carbon capture technology market is segmented by end-user industry into energy industry (including clear energy industry), industrial sector, transportation and other end-use industries. The energy industry (including clear energy industry) market will be the largest segment of the direct air carbon capture technology market segmented by end user industry, accounting for 51% or $3,087 million of the total in 2029. The energy industry (including clear energy industry) market will be supported by its ability to reduce CO₂ (carbon dioxide) emissions from power generation and fossil fuel-based energy production, enhance compliance with emission regulations and enable the production of low-carbon fuels, along with growing adoption in utility-scale carbon removal projects, renewable energy integration and climate mitigation initiatives driven by the global push for cleaner and sustainable energy systems.
The direct air carbon capture technology market is segmented by operating temperature into low-temperature direct air carbon capture (DAC) and high-temperature direct air carbon capture (DAC). The low-temperature direct air carbon capture (DAC) market will be the largest segment of the direct air carbon capture technology market segmented by operating temperature, accounting for 68% or $4,053 million of the total in 2029. The low-temperature direct air carbon capture (DAC) market will be supported by its ability to capture CO₂ (carbon dioxide) efficiently at ambient or moderately elevated temperatures, reduce energy requirements for regeneration and enable easier integration with renewable energy sources, along with growing adoption in modular and distributed carbon removal projects, industrial decarbonization and sustainable fuel production driven by the need for energy-efficient, flexible and scalable carbon capture solutions.
The direct air carbon capture technology market is segmented by number of collectors into less than 10 collectors and more than 10 collectors. The less than 10 collectors’ market will be the largest segment of the direct air carbon capture technology market segmented by number of collectors, accounting for 88% or $5,291 million of the total in 2029. The less than 10 collectors’ market will be supported by its ability to offer flexible, small-scale carbon capture solutions, lower initial investment costs and easier deployment for pilot projects or localized applications, along with growing adoption by startups, research institutions and modular carbon removal initiatives driven by the need for low-cost, scalable and experimental DACC implementations.
What is the expected CAGR for the Direct Air Carbon Capture Technology Market leading up to 2029?
The expected CAGR for the direct air carbon capture technology market leading up to 2029 is 18%.
What Will Be The Growth Driving Factors In The Global Direct Air Carbon Capture Technology Market In The Forecast Period?
The rapid growth of the global direct air carbon capture technology market leading up to 2029 will be driven by the following key factors that are expected to reshape global carbon management, climate mitigation strategies, and sustainable industrial operations worldwide.
Growing Adoption Of Renewable Energy - The growing adoption of renewable energy will become a key driver of growth in the direct air carbon capture technology market by 2029. As governments and industries worldwide prioritize carbon neutrality and decarbonization, there is heightened demand for innovative solutions that can effectively remove CO₂ from the atmosphere. DAC technology, which complements renewable energy by enabling large-scale carbon mitigation, is gaining traction as a strategic tool in achieving sustainability goals. The alignment of renewable energy deployment with carbon capture initiatives is expected to create new investment opportunities, foster technological advancements and accelerate the commercial adoption of DAC solutions across multiple sectors. As a result, the growing adoption of renewable energy is anticipated to contributing to a 2.5% annual growth in the market.
Supportive Government Policies - The supportive government policies will emerge as a major factor driving the expansion of the direct air carbon capture technology market by 2029. Regulatory frameworks, financial incentives and grants aimed at promoting carbon reduction initiatives are encouraging investments in DAC solutions. By fostering innovation and reducing the financial burden associated with large-scale carbon capture projects, these policies are facilitating faster adoption of DAC technologies across industries. Additionally, government support for research, development and deployment of sustainable technologies is strengthening market confidence and attracting strategic partnerships. Collectively, such measures are likely to accelerate technological advancements and expand the commercial footprint of DAC solutions globally. Consequently, the supportive government policies capabilities is projected to contributing to a 2.3% annual growth in the market.
Increasing Awareness To Reduce Greenhouse Gas Emissions - The increasing awareness to reduce greenhouse gas emissions will serve as a key growth catalyst for the direct air carbon capture technology market by 2029. As businesses, governments and consumers increasingly prioritize environmental sustainability, there is growing demand for effective solutions that can actively remove CO₂ from the atmosphere. DAC technology offers a scalable approach to complement existing decarbonization efforts, making it a critical tool in achieving climate targets. This heightened focus on emission reduction is likely to encourage greater investments, foster technological innovation and accelerate the commercial adoption of DAC solutions across various industrial and energy sectors, supporting long-term market expansion. Therefore, the increasing awareness to reduce greenhouse gas emissions will drive the growth of the direct air carbon capture technology market. Therefore, this increasing awareness to reduce greenhouse gas emissions operations is projected to supporting to a 1.8% annual growth in the market.
Accelerating Climate Change Impacts - The accelerating climate change impacts will become a significant driver contributing to the growth of the direct air carbon capture technology market by 2029. Rising global temperatures, extreme weather events and increasing greenhouse gas concentrations are creating urgent demand for effective solutions to mitigate environmental risks. DAC technology, which actively removes CO₂ from the atmosphere, is emerging as a critical tool in achieving carbon neutrality and supporting climate goals. The growing recognition of the need for immediate and large-scale carbon reduction is likely to encourage investments, foster innovation and accelerate adoption of DAC solutions across industries, governments and energy sectors, thereby boosting overall market expansion. Therefore, accelerating climate change impacts will drive the growth of the direct air carbon capture technology market. Consequently, the accelerating climate change impacts strategies is projected to contributing to a 0.5% annual growth in the market.
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What Are The Key Growth Opportunities In The Direct Air Carbon Capture Technology Market in 2029?
The most significant growth opportunities are anticipated in the low-temperature direct air carbon capture technology market, the direct air carbon capture for small-scale collectors market, the carbon capture and storage technologies for energy industry (including clear energy industry) market, the low-temperature direct air carbon capture market, and the solid-based direct air carbon capture technology market. Collectively, these segments are projected to contribute over $14 billion in market value by 2029, driven by advances in carbon capture efficiency, supportive government policies, growing corporate commitments to net-zero emissions, and increasing demand for scalable climate mitigation solutions. This surge reflects the accelerating adoption of DCA technologies that enable large-scale removal of atmospheric CO₂, promote sustainable industrial practices, and foster transformative growth within the broader carbon capture and storage industry.
The low-temperature direct air carbon capture technology market is projected to grow by $3,554 million, the direct air carbon capture for small-scale collectors market by $2,997 million, the carbon capture and storage technologies for energy industry (including clear energy industry) market by $2,671 million, the low-temperature direct air carbon capture market by $2,344 million, and the solid-based direct air carbon capture technology market by $2,204 million over the next five years from 2024 to 2029.
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