PUBLISHER: TechNavio | PRODUCT CODE: 1916090
PUBLISHER: TechNavio | PRODUCT CODE: 1916090
The global direct air capture market is forecasted to grow by USD 524323.3 thousand during 2024-2029, accelerating at a CAGR of 49.7% during the forecast period. The report on the global direct air capture market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing corporate net-zero commitments, supportive government policies and funding, technological advancements and cost reduction efforts.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2029 |
| Series Year | 2025-2029 |
| Growth Momentum | Accelerate |
| YOY 2025 | 45.2% |
| CAGR | 49.7% |
| Incremental Value | $524323.3 thousand |
Technavio's global direct air capture market is segmented as below:
By Technology
By Source
By Application
Geography
This study identifies the scaling up of commercial projects as one of the prime reasons driving the global direct air capture market growth during the next few years. Also, integration with renewable energy sources and diversification of co2 utilization pathways will lead to sizable demand in the market.
The report on the global direct air capture market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global direct air capture market vendors that include Aircapture, AirMyne, Avnos, Capture6, Carbon Collect, CarbonCapture Inc., Carbyon, Climeworks, Deep Sky, Heirloom Carbon Technologies, Mission Zero Technologies, Noya, Octavia Carbon, Origen Carbon, Parallel Carbon, Phlair, RepAir, Sirona Technologies, Skytree, Soletair Power, Spiritus Technologies, Ucaneo. Also, the global direct air capture market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.