The global direct air capture market is expected to surge, as companies invest billions in carbon removal solutions to meet net-zero commitments, from $136.5 million in 2024 to $6.93 billion by 2035, representing a 43.3% CAGR from 2025, according to new analysis from Meticulous Research.
Its comprehensive market report, titled “Direct Air Capture Market by Technology (Solid Sorbent Systems, Liquid Solvent Systems, Membrane-Based Systems), Capture Method (Chemical Absorption, Membrane Separation), End User (Oil & Gas, Chemical Industry, Transportation) – Global Forecast to 2035“ reveals that climate urgency and corporate net-zero commitments are driving the adoption of carbon removal technologies across industries.
“Direct air capture has evolved from experimental technology to essential infrastructure for achieving global climate goals,” said Uddhav Sable, research director at Meticulous Research. “With over 70 countries committed to net-zero targets and more than 3000 companies establishing science-based climate goals, atmospheric CO2 removal is becoming critical for hard-to-abate sectors including aviation, shipping and heavy industry.”
Rising carbon credit prices are transforming direct air capture economics, with high-quality removal credits commanding premium prices exceeding $600 per ton. Voluntary carbon markets are projected to reach $100 billion annually by 2030, creating sustainable revenue streams for DAC project operators.
Government policy support is accelerating deployment through substantial incentives. The US Inflation Reduction Act provides up to $180 per ton in tax credits for direct air capture with permanent storage, while European Union carbon border adjustment mechanisms establish regulatory drivers complementing financial incentives.
“Economic viability has dramatically improved as carbon credit prices appreciate and government incentives reduce project risks,” noted Uddhav Sable. “DAC companies have attracted over $2 billion in venture capital and corporate investment during the past two years, with funding increasingly focused on commercial-scale deployment.”
Report available at: https://www.meticulousresearch.com/download-sample-report/cp_id=6185
