Carbon Capture and Sequestration (CCS) Market Report 2026

The carbon capture and sequestration (ccs) market size has grown rapidly in recent years. It will grow from $3.8 billion in 2025 to $4.39 billion in 2026 at a compound annual growth rate (CAGR) of 15.7%. The growth in the historic period can be attributed to rising industrial co2 emissions, early adoption of post-combustion capture systems, development of pilot sequestration projects, increasing regulatory scrutiny on emissions, investments by energy-intensive industries.

The carbon capture and sequestration (ccs) market size is expected to see rapid growth in the next few years. It will grow to $7.81 billion in 2030 at a compound annual growth rate (CAGR) of 15.5%. The growth in the forecast period can be attributed to increasing net-zero commitments, expansion of carbon pricing mechanisms, growing investments in low-carbon industrial processes, advancement of capture efficiency technologies, increasing deployment of ccs hubs and clusters. Major trends in the forecast period include increasing deployment of large-scale ccs projects, rising adoption of direct air capture technologies, growing focus on long-term geological storage, expansion of industrial carbon management solutions, enhanced emphasis on emission reduction compliance.

The growing investments in carbon management solutions are expected to drive the expansion of the carbon capture and sequestration market in the coming years. Carbon management solutions encompass technologies and strategies aimed at capturing, reducing, or offsetting carbon dioxide emissions from industrial, energy, and commercial sources. Rising corporate sustainability commitments and regulatory mandates are fueling these investments, as organizations aim to lower emissions and achieve environmental targets. Carbon capture and sequestration are vital by capturing and storing carbon dioxide emissions, allowing industries to minimize their environmental footprint and reach sustainability objectives. For example, in November 2024, MSCI Inc., a US-based technology firm, reported that in 2023, the total value of announcements jumped to USD 14.1 billion, up from USD 9 billion in 2022, highlighting a significant milestone for the voluntary carbon-credit market. Consequently, growing investments in carbon management solutions are propelling the development of the carbon capture and sequestration market.

Key companies operating in the carbon capture and sequestration market are focusing on developing advanced systems, such as modular direct air capture (DAC) systems, to enhance scalability, reduce installation time, and improve operational efficiency. A modular DAC system consists of prefabricated, standardized units that can be easily transported and assembled on-site, allowing faster deployment, easier expansion, and higher efficiency in capturing carbon dioxide. For instance, in June 2024, CarbonCapture Inc., a United States-based direct air capture company, introduced the Leo Series modular DAC system. This system captures more than 500 tons of carbon dioxide annually per module, achieves 98 percent carbon dioxide purity, and supports mass production through an 83,000-square-foot manufacturing facility in Mesa, Arizona, capable of producing up to 4,000 modules each year, equivalent to over 2 megatons of annual carbon removal capacity. This innovation positions CarbonCapture Inc. as a leader in the rapid and cost-effective deployment of large-scale carbon removal technologies.

In March 2024, SLB, a United States-based provider of oilfield services and carbon management technologies, acquired an 80 percent stake in Aker Carbon Capture Holding AS for 388 million dollars. This acquisition enables SLB to integrate its subsurface expertise with Aker Carbon Capture’s post-combustion technologies to deliver large-scale industrial decarbonization projects. Aker Carbon Capture Holding AS is a Norway-based company specializing in proprietary carbon capture technologies and engineering services for sectors such as cement and waste-to-energy.

Major companies operating in the carbon capture and sequestration (ccs) market are China National Petroleum Corporation, Exxon Mobil Corporation, Siemens AG, Linde plc, Mitsubishi Heavy Industries Ltd., NRG Energy Inc., Halliburton Company, TotalEnergies SE, Fluor Corporation, Schlumberger Limited (SLB), Abu Dhabi National Oil Company (ADNOC Group), Carbon Clean Solutions Limited, Chevron Corporation, BP p.l.c., Viridien SA, Svante Technologies Inc., Climeworks AG, Carbon Upcycling Technologies Inc., Ebb Carbon Inc., Carbon8 Systems Limited, UP Catalyst OÜ, Global CCS Institute Ltd, Carba Inc., Capsol Technologies ASA.

North America was the largest region in the carbon capture and sequestration (CCS) in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the carbon capture and sequestration (ccs) market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the carbon capture and sequestration (ccs) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The carbon capture and sequestration (CCS) market includes revenues earned by entities by site assessment, carbon dioxide transportation, geological storage management, monitoring and verification, maintenance and consultancy. The market value includes the value of related goods sold by the service provider or included within the service offering. The carbon capture and sequestration (CCS) market consists of sales of carbon capture systems, carbon dioxide compressors, transport pipelines, injection equipment, monitoring sensors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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