United States Carbon Capture and Sequestration Market expected to grow at a CAGR of 13.5% during 2024-2031 | Major Compnies 2026 - Linde AG, Carbfix, Fluor Corporation | Exclusive report by DataM Intelligence

Leander, Texas and Tokyo, Japan - Jan.08.2026
As per DataM intelligence research report" The Global Carbon Capture and Sequestration Market is expected to reach at a CAGR of 13.5% during the forecast period (2024-2031)." Net-zero targets and industrial decarbonization are fueling CCS investments.

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United States Recent Industry Developments

✅ In November 2025, Occidental Petroleum commenced operations at its "Stratos" Direct Air Capture plant in Texas The facility is the world's largest, capturing 500,000 tonnes of CO2 annually It proves the scalability of carbon removal technology in the U.S.

✅ In October 2025, The U.S. DOE awarded $45 million to expand carbon storage hubs in the Gulf Coast The funding supports the infrastructure for transporting and burying industrial CO2 It creates a "carbon management" economy in U.S. energy states

✅ In September 2025, Chevron engaged in a joint venture to develop offshore carbon storage in the Gulf of Mexico The project aims to repurpose depleted oil reservoirs for permanent CO2 sequestration It leverages existing U.S. offshore assets for decarbonization

✅ In August 2025, A U.S. startup launched a "Carbon Concrete" pilot using captured CO2 The technology injects CO2 into concrete blocks, permanently trapping it It offers a market-based solution for utilizing captured carbon in construction

Japan Recent Industry Developments

✅ In December 2025, Air Water Inc. demonstrated a compact CO2 capture unit at Expo 2025 Osaka The unit captures emissions from small boilers and converts them into dry ice It showcases decentralized carbon recycling technology to the world

✅ In November 2025, Japan hosted the Asia CCUS Network Forum in Tokyo The forum established cross-border rules for transporting CO2 to storage sites in Asia It positions Japan as a leader in regional carbon management policy

✅ In October 2025, JX Nippon Oil & Gas Exploration signed a deal to export CO2 to Malaysia The project involves capturing CO2 in Japan and shipping it for storage in offshore fields It launches the world's first transboundary CCS value chain

✅ In September 2025, Mitsubishi Heavy Industries tested a new solvent for capturing CO2 from gas turbines The solvent requires less energy to regenerate, improving capture efficiency It enhances the viability of CCS for Japanese power generation

Carbon Capture and Sequestration Market: Drivers
The carbon capture and sequestration market is growing due to global decarbonization goals. Industrial sectors adopt CCS to reduce emissions. Government incentives and climate policies support deployment. Technological advancements improve capture efficiency. Expansion of renewable energy complements CCS adoption. Corporate sustainability commitments accelerate growth.

Market growth is reinforced by investments in large-scale CCS projects. Emerging markets explore carbon management strategies. Partnerships between energy firms and technology providers drive innovation. Integration with hydrogen production boosts demand. Long-term climate targets sustain growth. CCS remains critical for emissions reduction.

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Carbon Capture and Sequestration Market: Major Players
Linde AG, Carbfix, Fluor Corporation, Climeworks, Mitsubishi Heavy Industries, General Electric, NET Power, Siemens, Global Thermostat, and Shell CANSOLVamong others.

Segment Covered in the Carbon Capture and Sequestration Market:
By Service
The market is segmented into post-combustion capture 35%, pre-combustion capture 20%, oxy-fuel combustion 10%, transportation 15%, storage 15%, and others 5%. Post-combustion capture dominates due to compatibility with existing power plants and industrial facilities, while pre-combustion and oxy-fuel methods are growing with new plant designs and advanced pilot projects. Transportation and storage services are critical for CO2 pipeline networks and secure geological sequestration.

By End-User
End-users include power plants 30%, oil & gas 25%, cement industry 15%, iron & steel 10%, chemical industry 8%, mining 5%, agriculture 5%, and others 2%. Power plants dominate due to high CO2 emissions and increasing regulatory pressure to reduce carbon footprints. Oil & gas sector adoption is driven by enhanced oil recovery (EOR) and decarbonization initiatives. Cement, steel, and chemical industries are growing adopters due to high-emission processes.

Regional Analysis
North America - 35% Share
North America leads with 35% share, driven by extensive pilot CCS projects, government incentives, carbon pricing initiatives, and large-scale industrial and power plant adoption in the U.S. and Canada.

Europe - 25% Share
Europe accounts for 25% share supported by the EU's stringent carbon emission reduction targets, investments in carbon capture technology, and deployment of storage sites in Norway, Germany, and the UK.

Asia Pacific - 22% Share
Asia Pacific holds 22% share due to rising industrial emissions, increasing coal-based power generation, and government-funded CCS projects in China, Japan, and India.

Latin America - 10% Share
Latin America represents 10% share driven by pilot CCS initiatives, industrial decarbonization projects, and emerging oil & gas adoption in Brazil and Argentina.

Middle East & Africa - 8% Share
Middle East & Africa accounts for 8% share, supported by enhanced oil recovery (EOR) projects, industrial adoption, and growing interest in sustainable energy infrastructure in the UAE, Saudi Arabia, and South Africa.

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