Growth Opportunities in the Direct Air Carbon Capture Industry

Energy Growth Opportunities in the Direct Air Carbon Capture Industry

Innovations and a Global Commitment to Net Zero Targets and CO2 Utilization Will Create a Paradigm Shift in Deployment

INDUSTRY
Energy

RELEASE DATE
05-Jan-2024
REGION
Global
DELIVERABLE TYPE
Market Research

RESEARCH CODE
K9EE-01-00-00-00
SKU
EG_2023_495
Yes
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Growth Opportunities in the Direct Air Carbon Capture Industry
Published on: 05-Jan-2024 | SKU: EG_2023_495

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Direct air carbon capture (DACC) is a negative-emission carbon dioxide reduction technology that directly captures CO2 from the air with solid or liquid adsorbents/solvents and then uses a heat source to desorb the CO2. It is a rapidly emerging and dynamic segment of the carbon capture, utilization, and storage industry.

DACC is still in the early stages of development and faces many challenges, but it will play a pivotal role in companies’ decarbonization strategies in the decades ahead. As decarbonization becomes a priority across many industries and carbon-neutrality deadlines approach, DACC will present growth opportunities in the next decade and beyond in the areas of technological innovation, business model evolution. The industry today is a hotbed of innovation, and the competitive environment includes an array of participants ranging from start-ups to multinational companies.

This study provides a comprehensive analysis of the global DACC market to 2040, including revenue forecasts, carbon capture capacity, prominent technologies, regional splits, industry trends, a competitive analysis, and growth opportunity identification.

Author: Mahesh Radhakrishnan

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the Direct Air Carbon Capture Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Growth Environment

Growth Environment (continued)

Scope of Analysis

DACC Value Chain and Ecosystem

DACC Technologies

Policies Supporting DACC Growth

Policies Supporting DACC Growth (continued)

Key Competitors

Key Competitors (continued)

Key Competitors (continued)

Growth Metrics

Growth Drivers

Growth Restraints

Forecast Considerations

Revenue and Annual Capacity Addition Forecast

Revenue Forecast by Region

Annual Capacity Addition Forecast by Region

Revenue Forecast Analysis

DACC Cost Comparison Without Carbon Price

Action Plan to Reduce DACC Costs and Scale Up Projects

Endgame Scenarios for Profitable DACC Implementation

Growth Opportunity 1: DACC with CO2 Used for SAF

Growth Opportunity 1: DACC with CO2 Used for SAF (continued)

Growth Opportunity 2: DACC in the Transport Industry to Offset Emissions

Growth Opportunity 2: DACC in the Transport Industry to Offset Emissions (continued)

Growth Opportunity 3: Urea Produced from CO2 Captured Using DACC

Growth Opportunity 3: Urea Produced from CO2 Captured Using DACC (continued)

List of Other DACC Companies

List of Exhibits

Legal Disclaimer

List of Figures
  • DACC: Revenue and Annual Capacity Addition Forecast, Global, 2024–2040
  • DACC: Growth Metrics, Global, 2024
  • DACC: Growth Drivers, Global, 2024–2040
  • DACC: Growth Restraints, Global, 2024–2040
  • DACC: Revenue and Annual Capacity Addition Forecast, Global, 2022–2040
  • DACC: Revenue Forecast by Region, 2022–2040
  • DACC: Annual Capacity Addition Forecast by Region, 2022–2040
  • DACC: Cost, US, 2030 and 2050, USD/tCO2
  • DACC: Cost, Europe, 2030 and 2050, USD/tCO2
  • DACC: Cost, Russia, 2030 and 2050, USD/tCO2
  • DACC: Cost, China, 2030 and 2050, USD/tCO2
  • DACC: Cost, Japan, 2030 and 2050, USD/tCO2
  • DACC: Cost, North Africa, 2030 and 2050, USD/tCO2
  • DACC: Cost, Middle East, 2030 and 2050, USD/tCO2

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Direct air carbon capture (DACC) is a negative-emission carbon dioxide reduction technology that directly captures CO2 from the air with solid or liquid adsorbents/solvents and then uses a heat source to desorb the CO2. It is a rapidly emerging and dynamic segment of the carbon capture, utilization, and storage industry. DACC is still in the early stages of development and faces many challenges, but it will play a pivotal role in companies decarbonization strategies in the decades ahead. As decarbonization becomes a priority across many industries and carbon-neutrality deadlines approach, DACC will present growth opportunities in the next decade and beyond in the areas of technological innovation, business model evolution. The industry today is a hotbed of innovation, and the competitive environment includes an array of participants ranging from start-ups to multinational companies. This study provides a comprehensive analysis of the global DACC market to 2040, including revenue forecasts, carbon capture capacity, prominent technologies, regional splits, industry trends, a competitive analysis, and growth opportunity identification. Author: Mahesh Radhakrishnan
More Information
Deliverable Type Market Research
Author Mahesh Radhakrishnan
Industries Energy
No Index No
Is Prebook No
Keyword 1 DACC Market
Keyword 2 Direct Air Capture Industry
Keyword 3 Carbon Capture Technology Trends
List of Charts and Figures DACC: Revenue and Annual Capacity Addition Forecast, Global, 2024–2040~ DACC: Growth Metrics, Global, 2024~ DACC: Growth Drivers, Global, 2024–2040~ DACC: Growth Restraints, Global, 2024–2040~ DACC: Revenue and Annual Capacity Addition Forecast, Global, 2022–2040~ DACC: Revenue Forecast by Region, 2022–2040~ DACC: Annual Capacity Addition Forecast by Region, 2022–2040~ DACC: Cost, US, 2030 and 2050, USD/tCO2~ DACC: Cost, Europe, 2030 and 2050, USD/tCO2~ DACC: Cost, Russia, 2030 and 2050, USD/tCO2~ DACC: Cost, China, 2030 and 2050, USD/tCO2~ DACC: Cost, Japan, 2030 and 2050, USD/tCO2~ DACC: Cost, North Africa, 2030 and 2050, USD/tCO2~ DACC: Cost, Middle East, 2030 and 2050, USD/tCO2~
Podcast No
WIP Number K9EE-01-00-00-00