The carbon capture and storage (CCS) market is projected to reach $6.62 billion by 2030, driven by stricter emission regulations and technical improvements in CO2 capture. Key growth areas include direct air capture (DAC) and the integration of captured carbon into building materials like concrete. Industry leaders such as Occidental and Shell are scaling deployment, focusing on both geological sequestration and carbon utilization. The market is diversifying across pre-combustion, post-combustion, and oxy-fuel technologies to address emissions from power plants and heavy industrial facilities.
