Carbon Capture Chemicals Market Report 2026

The carbon capture chemicals market size has grown rapidly in recent years. It will grow from $1.82 billion in 2025 to $2.12 billion in 2026 at a compound annual growth rate (CAGR) of 16%. The growth in the historic period can be attributed to industrial co2 emissions growth, fossil fuel power generation, environmental compliance needs, research in absorption chemistry, availability of capture solvents.

The carbon capture chemicals market size is expected to see rapid growth in the next few years. It will grow to $3.79 billion in 2030 at a compound annual growth rate (CAGR) of 15.7%. The growth in the forecast period can be attributed to climate policy enforcement, growth of carbon capture projects, investment in clean energy infrastructure, innovation in chemical absorption systems, corporate decarbonization strategies. Major trends in the forecast period include increasing deployment of amine based capture chemicals, expansion of direct air capture projects, growing adoption in industrial emission control, rising focus on high efficiency absorption solutions, development of regenerable capture chemicals.

The growing adoption of carbon capture and storage (CCS) projects is expected to drive the expansion of the carbon capture chemicals market in the coming years. CCS projects are initiatives that capture carbon dioxide (CO₂) emissions from industrial processes or power plants and store them safely underground to prevent their release into the atmosphere, mitigating climate change. The adoption of CCS projects is rising due to the urgent global need to reduce CO₂ emissions and meet climate targets. Carbon capture chemicals play a critical role in these projects by providing efficient and reliable solutions to capture CO₂ from industrial emissions and the atmosphere. They enhance the effectiveness of carbon removal processes, lower greenhouse gas levels, and help industries achieve sustainability objectives and net-zero goals. For example, in 2023, the Global CCS Institute, an Australia-based non-profit think tank, reported that as of July 2023, the development pipeline for CCS facilities reached a record high of 392 projects, reflecting a 102% year-on-year growth. Therefore, the increasing adoption of CCS projects is fueling the growth of the carbon capture chemicals market.

Key companies in the carbon capture chemicals market are focusing on technologically advanced solutions, such as direct air capture (DAC) technologies, to mitigate climate impact and achieve net-zero targets. DAC technologies involve removing CO₂ directly from the atmosphere using chemical solutions or solid sorbents, with the captured CO₂ either stored underground or utilized in products, helping reduce atmospheric carbon and combat climate change. For instance, in March 2025, Saudi Aramco, a Saudi Arabia-based chemicals manufacturing company, launched a direct air capture (DAC) test unit to remove CO₂ directly from the atmosphere for evaluation purposes. DAC technologies offer advantages such as scalability, precise carbon measurement, operational flexibility, and a smaller land footprint compared to nature-based solutions. They are particularly valuable for hard-to-abate sectors by capturing emissions that are otherwise difficult to eliminate, making DAC essential for achieving net-zero emissions and a sustainable circular carbon economy.

In March 2024, SLB Ltd., a US-based technology company, acquired a majority stake in Aker Carbon Capture ASA for $380 million. Through this acquisition, SLB Ltd. aims to combine its technology and industrial expertise with Aker Carbon Capture’s solutions to accelerate global deployment of carbon capture technologies, reduce the cost of carbon capture, and promote large-scale industrial decarbonization. Aker Carbon Capture ASA, a Norway-based technology company, specializes in carbon capture chemicals.

Major companies operating in the carbon capture chemicals market are ExxonMobil, Shell, BASF, Dow, Mitsubishi Heavy Industries, Air Liquide, SUEZ, Tosoh, Solvay, GEA Group, Aker Solutions, Hitachi Zosen, Honeywell UOP, Carbon Clean, Koch Engineered Solutions, Toshiba Energy Systems & Solutions, Linde plc, Siemens Energy, Fluor Corporation, Svante Inc., Climeworks AG, Carbon Engineering Ltd., Global Thermostat, CO2 Solutions (Saipem), Petrofac Limited, Chevron Corporation, Air Products and Chemicals, Inc., CarbonCure Technologies, Aker Carbon Capture ASA, Calgon Carbon Corporation, TDA Research, Inc., Koch-Glitsch.

North America was the largest region in the carbon capture chemicals market in 2025. The regions covered in the carbon capture chemicals 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 chemicals market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The carbon capture chemicals market consists of sales of amine-based solvents, carbonate-based solvents, amino acid salts, ionic liquids, enzyme-based solvents, alkali-based sorbents, and physical solvents. 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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