Direct Air Carbon Capture Technology Market Size, Share, By Technology Type (Solid-DAC, Liquid-DAC, and Electrochemical-DAC), By Application (Carbon Capture and Storage (CCS), and Carbon Capture, Utilization, and Storage (CCUS)), By End- User Industry (Energy, Transportation, Industrial, Agriculture, and Others), and By Region - Trends, Analysis and Forecast till 2034

Direct Air Carbon Capture Technology Market was valued at USD 93.1 Million in 2024 and is expected to reach USD 2046.3 Million by 2034, growing at a CAGR of 40.4%

Direct Air Carbon Capture (DAC) Technology is a novel method of extracting carbon dioxide (CO2) from the atmosphere. Technologies for removing CO2 from surrounding air are part of direct air carbon capture technology. The CO2 molecules extracted from the air by these devices are chemically treated and can be subterranean stored or utilised for various industrial purposes. The CO2 that is captured is either used for various purposes or kept permanently in deep geological formations. As international efforts to combat climate change accelerate, the market for direct air carbon capture technologies has seen an increase in interest and investment.