The global carbon capture and sequestration market reached a value of about USD 8.59 Billion in 2025. The market is further estimated to grow at a CAGR of 10.90% in the forecast period of 2026-2035 to reach a value of around USD 24.17 Billion by 2035.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
10.9%
Value in USD Billion
2026-2035
*this image is indicative*
| Global Carbon Capture and Sequestration Market Report Summary | Description | Value |
| Base Year | USD Billion | 2025 |
| Historical Period | USD Billion | 2019-2025 |
| Forecast Period | USD Billion | 2026-2035 |
| Market Size 2025 | USD Billion | 8.59 |
| Market Size 2035 | USD Billion | 24.17 |
| CAGR 2019-2025 | Percentage | XX% |
| CAGR 2026-2035 | Percentage | 10.90% |
| CAGR 2026-2035 - Market by Region | Asia Pacific | 12.6% |
| CAGR 2026-2035 - Market by Country | India | 14.4% |
| CAGR 2026-2035 - Market by Country | China | 12.0% |
| CAGR 2026-2035 - Market by Capture Source | Power Generation | 14.3% |
| CAGR 2026-2035 - Market by End Use | Enhanced Oil Recovery (EOR) | 12.8% |
| Market Share by Country 2025 | UK | 3.3% |
Based on end-use, the growing demand for enhanced oil recovery (EOR) segment is driving the market growth of carbon capture and sequestration. The ever-increasing demand for oil worldwide is playing a critical role in the application of carbon capture and sequestration technologies to derive oil from underground reservoirs, thereby propelling the market. The utilisation of carbon dioxide to move crude oil out due to its miscibility with crude oil, which helps in improving the efficiency of the oil displacement, is providing impetus to the market expansion. In addition, the cost-effectiveness of carbon when compared to other miscible solvents is leading to the steady market development of carbon capture and sequestration. The growing number of carbon dioxide EOR projects, based on the availability of low-cost CO2, are invigorating the market for carbon capture and sequestration. The initiatives taken by the key market players in capturing carbon dioxide and offering it to oil producers for use in EOR projects are likely to aid the market for carbon capture and sequestration over the forecast period.
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Carbon capture and sequestration are technologies that capture carbon dioxide from industrial processes before it enters the atmosphere. The method includes transporting the compressed carbon dioxide and storing it in deep geological formations for centuries or millennia. These geological formations are covered with impermeable, non-porous rocks that trap carbon dioxide to prevent its release into the environment.
The market for carbon capture and sequestration, by capture source, is divided into:
Based on service, the market is segmented into:
On the basis of end use, the market is bifurcated into:
On the basis of region, the market is bifurcated into:
The growing use of carbon capture and sequestration to reduce emissions from large stationary sources of carbon dioxide and stabilise the atmospheric greenhouse gas concentrations is playing a critical role in the development of the market. The application of the stored carbon dioxide in a wide range of end uses like enhanced oil recovery (EOR), food and beverage manufacturing, pulp and paper manufacturing, and metal fabrication is propelling the market growth of carbon capture and sequestration. The initiatives taken by the governments worldwide in promoting carbon dioxide capture and sequestration are providing impetus to the market expansion. For instance, in July 2018, the Government of India launched a Call on IC3 on CCUS for joint Research & Development with member MI countries to identify breakthrough technologies in the field of carbon capture, separation, and storage. The investments made by leading market players in carbon capture to adopt widespread industrial carbon capture are expected to augment the market for carbon capture and sequestration during the forecast period.
| CAGR 2026-2035 - Market by | Country |
| India | 14.4% |
| China | 12.0% |
| Canada | 10.4% |
| France | 8.5% |
| Italy | 7.6% |
| USA | XX% |
| UK | XX% |
| Germany | XX% |
| Japan | 7.5% |
| Australia | XX% |
| Saudi Arabia | XX% |
| Brazil | XX% |
| Mexico | XX% |
The report gives a detailed analysis of the following key players in the global carbon capture and sequestration market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2025, the global carbon capture and sequestration market attained a value of nearly USD 8.59 Billion.
The market is assessed to grow at a CAGR of 10.90% between 2026 and 2035.
The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach almost USD 24.17 Billion by 2035.
The major market drivers include the expanding use of captured carbon in various end uses, increasing use of carbon capture and sequestration technologies to meet the growing demand for oil, developing enhanced oil recovery projects, and emerging need to reduce global warming.
The key trends guiding the growth of the market include the rising environmental consciousness, government initiatives, and investments by market players in carbon capture and sequestration technologies.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The significant capture sources of carbon capture and sequestration, include chemicals, natural gas processing, power generation, and fertilizers production, among others.
The various services of the market, include capture, transportation, and storage.
The major end uses of the market, include enhanced oil recovery (EOR) and dedicated storage and treatment.
The major players in the market are Exxon Mobil Corporation, Carbon Engineering Ltd., Fluor Corporation, Equinor ASA, Dakota Gasification Company, and Linde plc, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Capture Source |
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| Breakup by Service |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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