Ccus Absorption Market Size
- Market Size (2024): A projected USD 1.4 billion in value
- Market Size Estimated for 2034: USD 11.6 billion is anticipated to be reached
- CAGR: 26.1% between 2024 and 2034
CCUS Absorption is a sophisticated process that begins with capturing carbon dioxide from emission sources. In most cases, flue gases are passed through a liquid solvent, often an amine solution of the monoethanolamide type (MEA). When flue gas bubbles through the solvent, the CO2 molecules are chemically linked to the amine groups, which isolate them from other gases. This procedure occurs in an absorption column under controlled temperature and pressure settings to maximize CO2 capture efficiency. When the solvent becomes saturated with CO2, it is pumped to a regeneration unit and heated to break the chemical bonds and release concentrated CO2. The regenerated solvent is then cooled and recirculated in the absorption column, making the process continuous. This concentrated collected CO2 is now compressed and ready for delivery. It can be transported to its intended usage or storage location by pipelines, ships, or vehicles. The CO2 can be utilized for enhanced oil recovery, which involves injecting it into the oil reservoir to increase output, or it can be transformed into usable items like construction materials, polymers, and fuels. With continuing technological advancement and cost reductions, CCUS absorption will undoubtedly become increasingly essential in worldwide efforts to combat climate change.