Carbon capture storage (CCS) Market is set to reach US$ 17.74 billion by 2030, growing at a strong CAGR of 25.1%.North America leads the market with 41.2% market share.

The Carbon capture storage market is projected to reach USD 17.74 billion by 2030 from USD 5.83 billion in 2025, at a CAGR of 25.1% from 2025 to 2030. The growth of the carbon capture storage market is driven by the rising emphasis on achieving zero-carbon targets and growing policy support from governments to reduce carbon emissions.

Carbon Capture Storage is a climate mitigation market focused on capturing industrial CO2 emissions, transporting them, and securely storing underground to reduce atmospheric greenhouse gas concentrations.

DataM Intelligence unveils its latest report on the " Carbon Capture Storage Market size 2025," offering an in-depth analysis of market trends, growth drivers, competitive landscape, and regional dynamics. The study covers market size in value and volume, CAGR forecasts, and emerging opportunities that can guide businesses in seizing growth potential and crafting winning strategies. Packed with data-driven insights on current developments and future trends, this report is essential for companies aiming to stay ahead in the competitive Market.

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United States: Key Industry Developments (2025)

✅ January 2026 (reported): Google signed a major deal to purchase electricity from the planned 400 MW Broadwing Energy Center in Illinois, integrating carbon capture and storage (CCS) technology that will capture roughly 90% of CO2 emissions from the gas-fired plant, marking commercial-scale CCS deployment tied to data center decarbonization efforts.

✅ April 2025: ExxonMobil and Calpine signed a CO2 transportation and storage agreement to capture and permanently store up to 2 million metric tons of CO2 annually from Calpine's Baytown Energy Center in Texas, expanding U.S. CCS infrastructure on the Gulf Coast.

✅ October 2025: Oxy Low Carbon Ventures received Class VI carbon sequestration permits from the Texas Railroad Commission to sequester up to 8.5 million metric tons of CO2 for the STRATOS direct air capture facility nearing completion, advancing DAC-linked storage capacity in the Permian Basin.

Japan: Key Industry Developments (2025)

✅ December 2025: Japan commenced drilling a carbon capture exploration well for the Tomakomai CCS project in Hokkaido, with a final investment decision expected within the 2026 fiscal year, signaling progression toward operational storage capacity development.

✅ July 2025: The Japan Organization for Metals and Energy Security (JOGMEC) held the 2025 advanced CCS business results meeting, reporting outcomes from nine CCS studies covering CO2 separation, transport, and storage - supporting broader spread and market understanding in Japan.

✅ 2025 (market forecast context): Industry analysis projects the Japan carbon capture and storage market will grow significantly from 2025 onward, driven by policy support, industrial decarbonization efforts, and technology uptake in power and heavy industry sectors.

📌 Carbon Capture Storage Market 2025-26 M&A Deals

→ In December 2025, Eni CCUS Holding finalized a strategic partnership with Global Infrastructure Partners (GIP), selling a 49.99% equity stake in its carbon capture, utilization and storage business to GIP, giving the two firms joint control of the CCS unit. This strengthens Eni's global CCS portfolio including UK and Netherlands projects.

→ In August 2025, Global Infrastructure Partners (GIP) signed an agreement to acquire a 49.99% interest in Eni CCUS Holding - a leading carbon capture and storage platform - marking a major investment in the CCS sector.

→ In June 2025, MODEC Inc. and Carbon Clean Solutions Ltd. signed a memorandum of understanding (MOU) to accelerate development and deployment of offshore carbon capture technology (focused on FPSO-based systems). This partnership aims to scale Carbon Clean's modular capture tech for offshore oil/gas installations.

→ In March 2025, Orlen and Equinor agreed to a memorandum of understanding (MoU) to collaborate on carbon capture and storage projects in Poland and potentially the Baltic Sea - focusing on CO2 transport and storage site development.

Carbon Capture Storage Market Drivers:-

⏩ Increasing global regulatory pressure on emission reductions is pushing sectors like power, cement, steel, and chemicals to adopt CCS to comply with tightening limits.

⏩ Corporate net-zero commitments are now central to investment planning, with 41% of global CCS demand tied to net-zero corporate targets, reflecting broad decarbonization agendas.

⏩ 57% of current market demand is driven by power-sector transition commitments.

⏩ Industrial decarbonization accounts for 63% of market demand, underpinning technology adoption in sectors where zero emissions are otherwise unattainable.

⏩ The oil & gas sector drives CCS adoption particularly through Enhanced Oil Recovery (EOR) techniques, helping monetize CO2 streams while reducing emissions.

⏩ Deployment of post-combustion and pre-combustion technologies are expanding capture capacity, especially in retrofits of fossil fuel plants.

⏩ Continuous improvements in solvents, membranes, and digital MRV (monitoring, reporting, verification) systems are enhancing performance and lowering CO2 capture cost.

⏩ Hundreds of CCS projects are now in planning or development, compared with only a few commercial facilities a decade ago.

⏩ Investment interest is broadening beyond traditional energy companies, with long-term offtake and storage contracts now accounting for 26% of new commercial agreements.

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Carbon Capture Storage Major Players:-

Mitsubishi Heavy Industries, Ltd., Royal Dutch Shell, Exxon Mobil Corporation, Hitachi, Ltd., General Electric Company, and Siemens AG, Siemens AG, Royal Dutch Shell, Halliburton Company, The Linde Group, Schlumberger Limited.

Key players highlights:-

Siemens AG: German multinational that delivers industrial, energy, and automation solutions essential for CCS infrastructure and power systems. It holds a leading 19.6% share in the CCS market.

General Electric Company: U.S. conglomerate offering turbines, power equipment and digital solutions that support capture, compression, and monitoring in CCS projects with 17.8% share.

Royal Dutch Shell: Integrated energy company advancing carbon capture and storage operations globally through multi-user hubs and industrial decarbonization solutions (15.4% share).

Exxon Mobil Corporation: Major oil and gas operator with extensive CO2 pipeline networks and storage projects that contribute to 13.2% of the CCS market.

Mitsubishi Heavy Industries, Ltd.: Japanese heavy engineering firm providing CCS capture technologies and plant solutions, accounting for 11.6% of the market.

Carbon Capture Storage Regional Highlights
North America
• Holds largest share of the global CCS market (41.2%) driven by strong policies, tax incentives, and extensive industrial deployments.
• U.S. and Canada lead in large-scale capture and storage projects supported by regulatory frameworks like 45Q credits.
• Continued investment in pipelines and hub-and-cluster CCS networks accelerates regional growth.

Europe
• Europe accounts for 29.3% of the global CCS market, backed by stringent climate regulations and decarbonization targets.
• Countries like Norway, UK, and Germany are advancing major CCS initiatives and storage projects.
• Policy support and cross-border collaborations build momentum for expanded CCS infrastructure.

Asia Pacific
• Asia Pacific holds roughly 27.4% global market share with rapid growth from China, India, and Japan.
• Investment is increasing to curb industrial emissions and support sustainable energy transitions.
• Infrastructure gaps and regulatory frameworks are being addressed to boost CCS adoption.

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Carbon Capture Storage market segmentation :

The Carbon Capture and Storage (CCS) market is segmented based on capture technology, storage technology, and end-use industry. Capture technologies include pre-combustion, post-combustion, oxyfuel combustion, and industrial separation methods. Storage options comprise enhanced oil recovery, geological storage, and deep ocean storage. The market serves various industries such as power generation, oil & gas, chemicals, fertilizers, cement & concrete, steel, textiles, and others, reflecting the diverse applications of CCS in reducing carbon emissions across sectors.

Q1: What drives growth in the Carbon Capture Storage market?
A: Rising industrial emissions, stricter environmental regulations, and government incentives for carbon reduction drive market growth.

Q2: Which technologies dominate the Carbon Capture Storage market?
A: Post-combustion capture leads, followed by pre-combustion, oxyfuel combustion, and industrial separation technologies.

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