Membrane-Based Direct Air Capture Market Projected to Grow 11.6% CAGR to $124 Million by 2032
openpr.comA new report from QYResearch projects the membrane-based direct air capture (DAC) market will grow from $58 million in 2025 to $124 million by 2032, a compound annual growth rate of 11.6%. Membrane-based DAC uses specialized materials to separate CO2 from ambient air, offering potential advantages in modularity and lower chemical handling compared to solvent-based systems. The technology is still early-stage, with developers focused on improving membrane selectivity, permeability, and energy efficiency. Key players include Carbon Xtract, Evonik, and MTR Carbon Capture, each working on material science and modular system design. The report notes that commercial success depends on balancing capture performance with manufacturing scalability and operating costs. Access to low-carbon electricity is also critical for ensuring net climate benefit. Integration with CO2 utilization projects in chemicals, fuels, and construction materials is a growing area of interest. For investors and climate tech professionals, this market represents a niche but potentially important segment within the broader carbon removal landscape. The 11.6% CAGR reflects growing policy support and corporate demand for durable carbon credits, though the technology must still prove it can scale economically beyond pilot projects.