Description

This Frost Radar™ analyzes and positions 16 of the world's leading and most dynamic direct air carbon capture (DACC) technology industry players.

DACC will prove instrumental in enabling net-zero pathways. This negative-emissions carbon dioxide removal (CDR) technology employs solid or liquid adsorbents/solvents to capture carbon dioxide (CO2) directly from the air and then uses a heat source to desorb the CO2.

Organizations need to plot a dynamic roadmap for the transition to net-zero carbon emissions. DACC is a proven technology that organizations can implement in various industries, including hard-to-abate sectors such as cement, iron and steel, fertilizers, and chemicals. DACC can also help offset emissions from industries such as airline, automotive, and marine where legacy carbon capture technology is impossible to implement.

DACC technology is still in the early stages of development and faces many challenges, but it will be critical 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 and business model evolution. Today, the industry is a hotbed of innovation, and the competitive environment includes an array of participants, from start-ups to multinational corporations.

Frost & Sullivan analyzes numerous companies in an industry. Those selected for further analysis based on their leadership or other distinctions are benchmarked across 10 Growth and Innovation criteria to reveal their position on the Frost Radar™. The publication presents competitive profiles of each company on the Frost Radar™, considering their strengths and the opportunities that best fit those strengths.