Report Highlights
The global carbon dioxide removal (CDR) market is expected to grow from $3.4 billion in 2024 to $25.0 billion by 2029, at a compound annual growth rate (CAGR) of 49.0% from 2024 through 2029.
Report Includes
- 40 data tables and 82 additional tables
- Analysis of trends in the global market for carbon dioxide removals (CDR), featuring revenue data for 2023, estimated figures for 2024, forecasts for 2025 and 2027, and projections of compound annual growth rates (CAGRs) through 2029
- Estimates of the current market size and revenue growth prospects, accompanied by a market share analysis by technology type, carbon credit buyer and geographical region
- Coverage of technological advances in CDR technologies and the current and future market potential, as well as an analysis of the regulatory framework and reimbursement scenarios
- Market share analysis of the key companies in the industry and coverage of mergers and acquisitions, joint ventures, collaborations and partnerships
- Profiles of the leading market participants, including Aperam BioEnergia, Climeworks AG, Carbofex Ltd., Carbon Engineering ULC., and Exomad Green
Report Scope
This report on the global carbon dioxide removal (CDR) market segments the market by technology type, carbon credit buyers, and regions. The market size is provided in value ($ millions) and volume (thousand tons). The report also discusses competitive intelligence, analyzing companies based on their product offerings and revenues generated from the CDR business. It also details market dynamics, emerging technologies, and global developments in the industry.
In this report, CDR technologies include land- and ocean-based technologies such as biochar, direct air capture (DAC), bioenergy carbon capture and sequestration (BECCS), and ocean alkalinization. However, carbon capture, utilization, and storage (CCUS) technologies such as post-combustion, pre-combustion, and oxy-fuel combustion are outside the scope of the report.
Report Synopsis
| Report Metrics | Details | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2023 | ||||||||||||||||||
| Forecast period considered | 2024-2029 | ||||||||||||||||||
| Base year market size | $1.5 Billion | ||||||||||||||||||
| Market size forecast | $25.0 Billion | ||||||||||||||||||
| Growth rate | CAGR of 49.0% (by Value) from 2024 through 2029 | ||||||||||||||||||
| Units considered | $ Millions (Value); Thousand Tons (Volume) | ||||||||||||||||||
| Segments covered | By Technology, Carbon Credit Buyer, and Region | ||||||||||||||||||
| Regions covered | North America, Europe, the Middle East and Africa (EMEA), Asia-Pacific (APAC) and South America | ||||||||||||||||||
| Key Market Drivers |
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| Companies studied |
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Frequently Asked Questions (FAQs)
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Report Highlights
This report provides an up-to-date analysis of current and future markets for carbon dioxide removal. The study provides a comprehensive accounting of worldwide carbon dioxide removal markets in a multi-client format. It presents a thorough and up-to-date global assessment of the market and business of carbon dioxide removal. This, in turn, will help industry participants, suppliers, government bodies, associations, and customers make the informed decisions needed to compete and succeed in the marketplace.
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