Table of Content
Executive Summary
Scope and Definition
1 Markets
1.1 Trends: Current and Future Impact Assessment
1.1.1 Advancement in Modular and Scalable Designs
1.1.2 Collaboration Between Public and Private Sectors
1.2 Supply Chain Overview
1.2.1 Value Chain Analysis
1.3 Research and Development Review
1.3.1 Patent Filing Trend (by Country and Company)
1.4 Regulatory Landscape
1.5 Funding Analysis
1.6 Stakeholder Analysis
1.6.1 Startup Landscape
1.6.2 Use Case
1.6.3 End User and Buying Criteria
1.7 Impact Analysis for Key Global Events
1.7.1 COVID-19 Impact
1.7.2 Russia/Ukraine War
1.8 Market Dynamics Overview
1.8.1 Market Drivers
1.8.1.1 Growing Focus on Achieving Global Net-Zero Emission Targets
1.8.1.2 Technological Advancements and Government Incentives
1.8.1.3 Increased Investment in Carbon Removal Technologies
1.8.2 Market Restraints
1.8.2.1 Limited CO? Storage Infrastructure
1.8.2.2 High Operational and Capital Costs
1.8.3 Market Opportunities
1.8.3.1 Emergence of Carbon Utilization Markets
1.8.3.2 Integration with Renewable Energy Sources
1.9 Techno-Economic Assessment
1.9.1 Cost Analysis
1.9.2 Breakeven Analysis
1.9.3 Comparative Analysis with Other Technologies
2 Application
2.1 Application Segmentation
2.2 Application Summary
2.3 Direct Air Capture (DAC) (by Application)
2.3.1 Carbon Capture and Storage
2.3.2 Carbon Capture, Utilization, and Storage
2.4 Direct Air Capture (DAC) (by End-User)
2.4.1 Chemicals and Fuels
2.4.2 Carbon Mineralization
2.4.3 Oil and Gas
2.4.4 Others
3 Products
3.1 Product Segmentation
3.2 Product Summary
3.3 Direct Air Capture (DAC) Market (by Technology)
3.3.1 Solid DAC
3.3.2 Liquid DAC
3.3.3 Electrochemical DAC
3.4 Direct Air Capture (DAC) Market (by Energy Source)
3.4.1 Solid DAC
3.4.1.1 Electricity
3.4.1.2 Low Temperature Heat
3.4.2 Liquid DAC
3.4.2.1 Electricity
3.4.2.2 Low Temperature Heat
4 Regions
4.1 Regional Summary
4.2 North America
4.2.1 Regional Overview
4.2.2 Driving Factors for Market Growth
4.2.3 Factors Challenging the Market
4.2.4 Application
4.2.5 Product
4.2.6 North America (by Country)
4.2.6.1 U.S.
4.2.6.1.1 Application
4.2.6.1.2 Product
4.2.6.2 Canada
4.2.6.2.1 Application
4.2.6.2.2 Product
4.3 Europe
4.3.1 Regional Overview
4.3.2 Driving Factors for Market Growth
4.3.3 Factors Challenging the Market
4.3.4 Application
4.3.5 Product
4.3.6 Europe (by Country)
4.3.6.1 Iceland
4.3.6.1.1 Application
4.3.6.1.2 Product
4.3.6.2 Norway
4.3.6.2.1 Application
4.3.6.2.2 Product
4.3.6.3 U.K.
4.3.6.3.1 Application
4.3.6.3.2 Product
4.3.6.4 Switzerland
4.4 Rest-of-the-World
4.4.1 Regional Overview
4.4.2 Driving Factors for Market Growth
4.4.3 Factors Challenging the Market
4.4.4 Application
4.4.5 Product
4.4.6 Rest-of-the-World (by Region)
4.4.6.1 Asia-Pacific
4.4.6.1.1 Application
4.4.6.1.2 Product
4.4.6.2 South America
4.4.6.3 Middle East and Africa
4.4.6.3.1 Application
4.4.6.3.2 Product
5 Markets - Competitive Benchmarking & Company Profiles
5.1 Next Frontiers
5.2 Geographic Assessment
5.2.1 Climeworks
5.2.1.1 Overview
5.2.1.2 Top Products/Product Portfolio
5.2.1.3 Top Competitors
5.2.1.4 Target Customers/End Users
5.2.1.5 Key Personnel
5.2.1.6 Analyst View
5.2.2 Carbon Engineering ULC.
5.2.2.1 Overview
5.2.2.2 Top Products/Product Portfolio
5.2.2.3 Top Competitors
5.2.2.4 Potential Customers/End Users
5.2.2.5 Key Personnel
5.2.2.6 Analyst View
5.2.3 Heirloom Carbon Technologies
5.2.3.1 Overview
5.2.3.2 Top Products/Product Portfolio
5.2.3.3 Top Competitors
5.2.3.4 Potential Customers/End Users
5.2.3.5 Key Personnel
5.2.3.6 Analyst View
5.2.4 Soletair Power
5.2.4.1 Overview
5.2.4.2 Top Products/Product Portfolio
5.2.4.3 Top Competitors
5.2.4.4 Target Customers/End Users
5.2.4.5 Key Personnel
5.2.4.6 Analyst View
5.2.5 CarbonCapture Inc.
5.2.5.1 Overview
5.2.5.2 Top Products/Product Portfolio
5.2.5.3 Top Competitors
5.2.5.4 Potential Customers/End Users
5.2.5.5 Key Personnel
5.2.5.6 Analyst View
5.2.6 Avnos, Inc.
5.2.6.1 Overview
5.2.6.2 Top Products/Product Portfolio
5.2.6.3 Top Competitors
5.2.6.4 Target Customers/End Users
5.2.6.5 Key Personnel
5.2.6.6 Analyst View
5.2.7 Skytree
5.2.7.1 Overview
5.2.7.2 Top Products/Product Portfolio
5.2.7.3 Top Competitors
5.2.7.4 Target Customers/End Users
5.2.7.5 Key Personnel
5.2.7.6 Analyst View
5.2.8 RepAir
5.2.8.1 Overview
5.2.8.2 Top Products/Product Portfolio
5.2.8.3 Top Competitors
5.2.8.4 Potential Customers/End Users
5.2.8.5 Key Personnel
5.2.8.6 Analyst View
5.2.9 Carbyon
5.2.9.1 Overview
5.2.9.2 Top Products/Product Portfolio
5.2.9.3 Top Competitors
5.2.9.4 Target Customers/End Users
5.2.9.5 Key Personnel
5.2.9.6 Analyst View
5.2.10 Zero Carbon Systems
5.2.10.1 Overview
5.2.10.2 Top Products/Product Portfolio
5.2.10.3 Top Competitors
5.2.10.4 Potential Customers/End Users
5.2.10.5 Key Personnel
5.2.10.6 Analyst View
6 Research Methodology
6.1 Data Sources
6.1.1 Primary Data Sources
6.1.2 Secondary Data Sources
6.1.3 Data Triangulation
6.2 Market Estimation and Forecast
List of Figures
Figure 1: Direct Air Capture (DAC) Market (by Scenario), $Million, 2024, 2027, and 2034
Figure 2: Direct Air Capture (DAC) Market (by Region), $Million, 2023, 2027, and 2034
Figure 3: Direct Air Capture (DAC) Market (by Application), $Million, 2023, 2027, and 2034
Figure 4: Direct Air Capture (DAC) Market (by End User), $Million, 2023, 2027, and 2034
Figure 5: Direct Air Capture (DAC) Market (by Technology), $Million, 2023, 2027, and 2034
Figure 6: Key Events
Figure 7: Supply Chain and Risks within the Supply Chain
Figure 8: Value Chain Analysis
Figure 9: Patent Analysis (by Country), January 2021-December 2024
Figure 10: Patent Analysis (by Company), January 2021-December 2024
Figure 11: Investment in All Carbon Dioxide Removal Technologies, 2023
Figure 12: Impact Analysis of Market Navigating Factors, 2023-2034
Figure 13: Number of Companies with Net Zero Targets (by Year and Sector)
Figure 14: Investment in All Carbon Dioxide Removal (by Category), 2023
Figure 15: Status of CO? Storage Infrastructure in Development vs. Planned Capture Capacity (by Region), 2023
Figure 16: Indicative Cost and Scale Evolution of Carbon Dioxide Removal (CDR), in 2023, $/tCDR
Figure 17: Cost Analysis of Direct Air Capture (DAC)
Figure 18: Estimated Breakeven Costs for DACCS
Figure 19: Energy Needs of L-DAC and S-DAC, 2023
Figure 20: U.S. Direct Air Capture (DAC) Market, $Million, 2023-2034
Figure 21: Canada Direct Air Capture (DAC) Market, $Million, 2025-2034
Figure 22: Iceland Direct Air Capture (DAC) Market, $Million, 2023-2034
Figure 23: Norway Direct Air Capture (DAC) Market, $Million, 2026-2034
Figure 24: U.K. Direct Air Capture (DAC) Market, $Million, 2026-2034
Figure 25: Asia-Pacific Direct Air Capture (DAC) Market, $Million, 2025-2034
Figure 26: Middle East and Africa Direct Air Capture (DAC) Market, 2025-2034
Figure 27: Strategic Initiatives, January 2021-December 2024
Figure 28: Share of Strategic Initiatives, 2023
Figure 29: Data Triangulation
Figure 30: Top-Down and Bottom-Up Approach
Figure 31: Assumptions and Limitations
List of Tables
Table 1: Market Snapshot
Table 2: Opportunities across Region
Table 3: Competitive Landscape Snapshot
Table 4: Trends Overview
Table 5: Major Programs/Initiatives in Direct Air Capture (DAC) Market
Table 6: Startups and Their Funding
Table 7: Policy Instruments for DAC Development and Deployment
Table 8: Comparative Analysis and Key Features of the Main CDR Approaches and Technologies
Table 9: Different Approaches to Direct Air Capture
Table 10: Key Features of L-DAC and S-DAC Technology
Table 11: Direct Air Capture (DAC) Market (by Region), $Million, 2023-2034
Table 12: Direct Air Capture (DAC) Market (by Region), Tons CO?/Year, 2023-2034
Table 13: North America Direct Air Capture (DAC) Market (by Application), $Million, 2023-2034
Table 14: North America Direct Air Capture (DAC) Market (by Application), Tons CO?/Year, 2023-2034
Table 15: North America Direct Air Capture (DAC) Market (by End User), $Million, 2023-2034
Table 16: North America Direct Air Capture (DAC) Market (by End User), Tons CO?/Year, 2023-2034
Table 17: North America Direct Air Capture (DAC) Market (by Technology), $Million, 2023-2034
Table 18: North America Direct Air Capture (DAC) Market (by Technology), Tons CO?/Year, 2023-2034
Table 19: U.S. Direct Air Capture (DAC) Market (by Application), $Million, 2023-2034
Table 20: U.S. Direct Air Capture (DAC) Market (by Application), Tons CO?/Year, 2023-2034
Table 21: U.S. Direct Air Capture (DAC) Market (by End User), $Million, 2023-2034
Table 22: U.S. Direct Air Capture (DAC) Market (by End User), Tons CO?/Year, 2023-2034
Table 23: U.S. Direct Air Capture (DAC) Market (by Technology), $Million, 2023-2034
Table 24: U.S. Direct Air Capture (DAC) Market (by Technology), Tons CO?/Year, 2023-2034
Table 25: Canada Direct Air Capture (DAC) Market (by Application), $Million, 2025-2034
Table 26: Canada Direct Air Capture (DAC) Market (by Application), Tons CO?/Year, 2023-2034
Table 27: Canada Direct Air Capture (DAC) Market (by End User), $Million, 2025-2034
Table 28: Canada Direct Air Capture (DAC) Market (by End User), Tons CO?/Year, 2023-2034
Table 29: Canada Direct Air Capture (DAC) Market (by Technology), $Million, 2025-2034
Table 30: Canada Direct Air Capture (DAC) Market (by Technology), Tons CO?/Year, 2023-2034
Table 31: Some DAC Projects with Public Funding in Europe
Table 32: Europe Direct Air Capture (DAC) Market (by Application), $Million, 2023-2034
Table 33: Europe Direct Air Capture (DAC) Market (by Application), Tons CO?/Year, 2023-2034
Table 34: Europe Direct Air Capture (DAC) Market (by End User), $Million, 2023-2034
Table 35: Europe Direct Air Capture (DAC) Market (by End User), Tons CO?/Year, 2023-2034
Table 36: Europe Direct Air Capture (DAC) Market (by Technology), $Million, 2023-2034
Table 37: Europe Direct Air Capture (DAC) Market (by Technology), Tons CO?/Year, 2023-2034
Table 38: Iceland Direct Air Capture (DAC) Market (by Application), $Million, 2023-2034
Table 39: Iceland Direct Air Capture (DAC) Market (by Application), Tons CO?/Year, 2023-2034
Table 40: Iceland Direct Air Capture (DAC) Market (by End User), $Million, 2023-2034
Table 41: Iceland Direct Air Capture (DAC) Market (by End User), Tons CO?/Year, 2023-2034
Table 42: Iceland Direct Air Capture (DAC) Market (by Technology), $Million, 2023-2034
Table 43: Iceland Direct Air Capture (DAC) Market (by Technology), Tons CO?/Year, 2023-2034
Table 44: Norway Direct Air Capture (DAC) Market (by Application), $Million, 2026-2034
Table 45: Norway Direct Air Capture (DAC) Market (by Application), Tons CO?/Year, 2026-2034
Table 46: Norway Direct Air Capture (DAC) Market (by End User), $Million, 2026-2034
Table 47: Norway Direct Air Capture (DAC) Market (by End User), Tons CO?/Year, 2026-2034
Table 48: Norway Direct Air Capture (DAC) Market (by Technology), $Million, 2026-2034
Table 49: Norway Direct Air Capture (DAC) Market (by Technology), Tons CO?/Year, 2026-2034
Table 50: U.K. Direct Air Capture (DAC) Market (by Application), $Million, 2026-2034
Table 51: U.K. Direct Air Capture (DAC) Market (by Application), Tons CO?/Year, 2026-2034
Table 52: U.K. Direct Air Capture (DAC) Market (by End User), $Million, 2026-2034
Table 53: U.K. Direct Air Capture (DAC) Market (by End User), Tons CO?/Year, 2026-2034
Table 54: U.K. Direct Air Capture (DAC) Market (by Technology), $Million, 2026-2034
Table 55: U.K. Direct Air Capture (DAC) Market (by Technology), Tons CO?/Year, 2026-2034
Table 56: Rest-of-the-World Direct Air Capture (DAC) Market (by Application), $Million, 2025-2034
Table 57: Rest-of-the-World Direct Air Capture (DAC) Market (by Application), Tons CO?/Year, 2025-2034
Table 58: Rest-of-the-World Direct Air Capture (DAC) Market (by End User), $Million, 2025-2034
Table 59: Rest-of-the-World Direct Air Capture (DAC) Market (by End User), Tons CO?/Year, 2025-2034
Table 60: Rest-of-the-World Direct Air Capture (DAC) Market (by Technology), $Million, 2025-2034
Table 61: Rest-of-the-World Direct Air Capture (DAC) Market (by Technology), Tons CO?/Year, 2025-2034
Table 62: Asia-Pacific Direct Air Capture (DAC) Market (by Application), $Million, 2025-2034
Table 63: Asia-Pacific Direct Air Capture (DAC) Market (by Application), Tons CO?/Year, 2025-2034
Table 64: Asia-Pacific Direct Air Capture (DAC) Market (by End User), $Million, 2025-2034
Table 65: Asia-Pacific Direct Air Capture (DAC) Market (by End User), Tons CO?/Year, 2025-2034
Table 66: Asia-Pacific Direct Air Capture (DAC) Market (by Technology), $Million, 2025-2034
Table 67: Asia-Pacific Direct Air Capture (DAC) Market (by Technology), Tons CO?/Year, 2025-2034
Table 68: Middle East and Africa Direct Air Capture (DAC) Market (by Application), $Million, 2025-2034
Table 69: Middle East and Africa Direct Air Capture (DAC) Market (by Application), Tons CO?/Year, 2025-2034
Table 70: Middle East and Africa Direct Air Capture (DAC) Market (by End User), $Million, 2025-2034
Table 71: Middle East and Africa Direct Air Capture (DAC) Market (by End User), Tons CO?/Year, 2025-2034
Table 72: Middle East and Africa Direct Air Capture (DAC) Market (by Technology), $Million, 2025-2034
Table 73: Middle East and Africa Direct Air Capture (DAC) Market (by Technology), Tons CO?/Year, 2025-2034
Table 74: Market Share of Companies with Operating Direct Air Capture Plants, 2023