CCUS Market Report: Trends, Insights, and Forecast for 2030

The global Carbon Capture, Utilization and Storage Market size was valued at USD 2.85 billion in 2023 and is predicted to reach USD 7.74 billion by 2030 with a CAGR of 13.3% from 2024-2030. Carbon Capture, Utilization, and Storage (CCUS) market encompasses a range of technologies and strategies aimed at mitigating carbon dioxide (CO2) emissions from industrial processes and power generation.

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It involves capturing CO2 at the source, generally from large point sources including power plants and industrial facilities. They offer industries a pathway to achieve sustainability goals while supporting economic growth through innovation in carbon management technologies and infrastructure.