CO2 Capture System Research:CAGR of 15.6% during the forecast period

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2025 latest report "CO2 Capture System- Global Market Share and Ranking, Overall Sales and Demand Forecast 2026-2032". Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2026-2032), this report provides a comprehensive analysis of the global CO2 Capture System market, including market size, share, demand, industry development status, and forecasts for the next few years.

The global market for CO2 Capture System was estimated to be worth US$ 3376 million in 2025 and is projected to reach US$ 9312 million, growing at a CAGR of 15.6% from 2026 to 2032.

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CO2 Capture System Market Summary

A CO2 Capture System is a set of industrial technologies and equipment designed to separate, capture, and concentrate carbon dioxide (CO2) from industrial flue gases, power plant emissions, or directly from the ambient air. Captured CO2 is then compressed, transported, and either stored permanently (via carbon capture and storage, CCS) or utilized (via carbon capture, utilization, and storage, CCUS) in applications like enhanced oil recovery (EOR), food processing, or synthetic fuel production. The core goal of these systems is to reduce anthropogenic CO2 emissions and mitigate climate change.

CO2 capture systems are critical for hard-to-abate industries (e.g., cement, steel, chemicals, power generation) where direct emission reduction via renewable energy replacement is technically or economically challenging.

According to the new market research report "Global CO2 Capture System Market Report 2026-2032", published by QYResearch, the global CO2 Capture System market size is projected to grow from USD 3,902 million in 2026 to USD 9,312 million by 2032, at a CAGR of 15.6% during the forecast period.

Figure00001. Global CO2 Capture System Market Size (US$ Million), 2026-2032

CO2 Capture System

Above data is based on report from QYResearch: Global CO2 Capture System Market Report 2026-2032 (published in 2026). If you need the latest data, plaese contact QYResearch.

Figure00002. Global CO2 Capture System Top 14 Players Ranking and Market Share (Ranking is based on the revenue of 2026, continually updated)

CO2 Capture System

Above data is based on report from QYResearch: Global CO2 Capture System Market Report 2026-2032 (published in 2026). If you need the latest data, plaese contact QYResearch.

Table 1. CO2 Capture System Industry Chain Analysis

Item

Description

Upstream

Key Materials

Absorbents: Amine-based solvents (mainstream), MOFs, zeolites (emerging high-efficiency materials).

Corrosion-Resistant Materials: Titanium alloys, special stainless steel, and FRP for towers and pipes.

Core Equipment

Process Equipment: Absorption towers, regeneration towers, heat exchangers, solvent circulation pumps.

Compression & Purification: Compressors; dehydration units, rectification equipment for CO2 purification to food/industrial grade.

Midstream

Capture Technology Routes

Post-Combustion Capture: Absorb CO2 from flue gas via solvents/adsorbents; Coal-fired power plants, cement, steel; Suitable for retrofitting existing plants, mature technology.

Pre-Combustion Capture: Capture CO2 from syngas (e.g., IGCC, SMR); Coal chemical, natural gas processing: High concentration, low energy consumption.

Oxy-Fuel Combustion: Burn in O2/CO2 mixture for high-purity flue gas; New power plants, cement kilns; Simplified capture, high efficiency, under commercialization.

Direct Air Capture (DAC): Capture CO2 from air; Negative emission projects; Independent of emission sources, high cost, pilot phase.

System Integration & EPC

Main business: Process design, equipment procurement, construction, commissioning, and operation maintenance.

Project Scale: Global 100,000-ton to million-ton level demonstration projects accelerating, with EPC contracting rates >85%.

Midstream-Extension: CO2 Transportation (Key Bottleneck for Large-Scale Deployment)

A necessary link connecting capture and utilization/storage, with the following characteristics:

Pipeline Transportation: Dominant for onshore short/medium distances (cost ~$0.5-$2/ton·km).

Marine Transportation: For cross-border/long-distance (e.g., EU-Norway CCS); uses liquefied CO2 ships, with high initial investment but low marginal cost.

Road/Rail Transportation: For small-scale, decentralized projects, with high cost (~$5-$10/ton·km) and limited application.

Barriers: High investment in pipeline networks, lack of cross-border regulatory coordination, and low utilization rates in the early stage.

Downstream

Geological Storage

Main Sites: Depleted oil/gas reservoirs (with EOR synergies), deep saline aquifers (large capacity), unminable coal seams.

Global Potential: Land-based theoretical capacity ~1.2 trillion tons; China has ~300 billion tons of onshore potential.

Challenges: Complex approval processes, high long-term monitoring costs, and public acceptance issues.

Resource Utilization

CO2-EOR: Mature (TRL 9); High (oil production increment covers ~60% cost); eg. Sinopec Shengli Oilfield 1 Mt/a project

Chemical Synthesis: Growing (TRL 6-8) Medium (methanol, urea, biodegradable plastics); eg. LanzaTech's waste gas-to-ethanol project

Mineralization: Pilot (TRL 4-6); Low (building materials, carbonates); eg. Carbfix's Icelandic basalt mineralization project.

Food/Medical CO2: Mature; High (purity >99.9%, stable demand); eg. Air Products' food-grade CO2 production line.

Source: Secondary Sources, Press Releases, Expert Interviews and QYResearch, 2026

Table 2. CO2 Capture System Industry Policy Analysis

Policy

Description

1

North America

Core Policies: U.S. 45Q Tax Credit; Canada's CCS Tax Incentives

Key Incentives & Standards: U.S. 45Q: Up to $180/ton for DAC, $85/ton for storage; Canada: 50% capital cost subsidy + carbon price ~CAD 170/ton

Implementation Effect: 20+ large-scale projects under construction; Denbury's pipeline network expansion; ExxonMobil's 10 Mt/a CCS target by 2030

2

Europe

Core Policies: EU ETS; CBAM; UK Energy Act 2023; Germany CCS Law Reform 2025

Key Incentives & Standards: EU ETS carbon price ~€90/ton; UK: £20-£30/ton storage subsidy; Germany: Offshore storage priority + pipeline permitting alignment

Implementation Effect: North Sea CCS corridor (Norway-UK-EU); Heidelberg's cement CCUS in Norway; 12 Mt/a capacity by 2026

3

Asia-Pacific

Core Policies: China's 14th Five-Year CCUS Plan; Japan's Green Growth Strategy; South Korea's CCS Roadmap

Key Incentives & Standards: China: 5+ regional hubs by 2030, Sinopec's 1 Mt/a EOR projects; Japan: ¥200B fund for CCS R&D

Implementation Effect: China leads in project count; Japan-Australia cross-border storage cooperation

4

Others

Core Policies: Norway's Carbon Tax; UAE's Net Zero 2050; India's National CCUS Initiative

Key Incentives & Standards: Norway: ~$220/ton carbon tax by 2030; UAE: $30B green fund; India: 30% capital subsidy

Implementation Effect: Norway's Longship project (1.5 Mt/a); UAE's industrial CCS retrofits; India's first 1 Mt/a demonstration plant

Source: Secondary Sources, Press Releases, Expert Interviews and QYResearch, 2026

Table 3. CO2 Capture System Industry Development Trends

Development Trends

Description

1

Large-Scale Deployment Acceleration

Global operational capacity to grow 54% YoY in 2025; 27 new projects online; 440 Mt CO2 capture by 2030 (still 60% below 2050 NZE goals).

Project scale: 100,000-1 Mt/a demonstration → 1-5 Mt/a commercial; China leads with 15+ Mt/a new capacity under construction.

2

Technological Innovation & Cost Reduction

Shift from amine-based solvents to MOFs, membranes, and low-energy sorbents; capture energy consumption down 20-30% by 2030.

DAC cost: $600-$1,000/ton → $300-$500/ton by 2030; post-combustion: $60-$100/ton → $40-$60/ton.

System integration: EPC contractors (Sinopec SEI, Fluor) optimize processes to cut LCOC to $150-$300/ton by 2030.

3

Vertical Integration & Value Chain Synergy

Energy giants (ExxonMobil, Shell) integrate "capture-transport-storage/utilization" via acquisitions (Denbury, Aker Carbon Capture).

Transport-storage hubs: EU's North Sea corridor, China's 5 regional hubs, US Gulf Coast pipeline networks to lower costs by 30%.

4

Diversified Downstream Utilization

CO2-EOR (mature, TRL 9): Covers 60% of costs via oil production increments; Sinopec's Shengli 1 Mt/a project.

Chemical synthesis (TRL 6-8): Methanol, urea, biodegradable plastics; LanzaTech's waste gas-to-ethanol projects.

Mineralization (TRL 4-6): Iceland's Carbfix basalt project; building materials applications expanding.

Source: Secondary Sources, Press Releases, Expert Interviews and QYResearch, 2026

Table 4. CO2 Capture System Industry Development Opportunities

Development Opportunities

Description

1

Hard-to-Abate Sectors

Power: Coal-fired retrofits (post-combustion) in China, India, and Southeast Asia; 20-30% emission reduction potential.

Industry: Cement (Heidelberg's Brevik project), steel, chemicals; process emissions require CCUS for net-zero by 2050.

Refining: CO2 capture from hydrogen production and flue gas; 10-15% emission cuts for global refineries.

2

Carbon Utilization Value Uplift

CO2-EOR: $30-$50/ton incremental revenue; 2030 global EOR demand: 50-80 Mt CO2.

Food/medical CO2: Purity >99.9%, stable demand; Air Products' production lines expand by 15% YoY.

Synthetic fuels (e-fuels): DAC + green hydrogen for aviation/marine; EU's ReFuelEU mandate drives demand.

3

Policy & Market Incentives

Carbon price rises: EU ETS ~€90/ton, UK ~£80/ton, Norway ~$220/ton by 2030, improving project IRR.

Subsidies: US 45Q, EU Innovation Fund ($10B), China's 30% capital subsidy lower payback to 8-10 years.

Voluntary carbon markets: VCM demand for high-quality CCS credits grows 40% YoY.

4

Emerging Market Expansion

China: 14th Five-Year Plan targets 100 Mt/a capacity by 2030; 45 projects under construction.

Middle East: Saudi Aramco's 5 Mt/a CCS; UAE's Net Zero 2050; 10+ projects in the Gulf Cooperation Council.

India: National CCUS initiative with subsidies; coal-based power/industry retrofits starting.

Source: Secondary Sources, Press Releases, Expert Interviews and QYResearch, 2026

Table 5. CO2 Capture System Obstacles/Challenges to Industry Development

Obstacles/Challenges

Description

1

Economic Barriers

High capital costs; long payback periods

- CAPEX: $100M-$2B per project; LCOC $300-$800/ton (pre-subsidy).

- Payback: 15-20 years vs. 5-10 years for renewables; private investment hesitant without policy support.

2

Infrastructure Gaps

Transport/storage bottlenecks

- Pipeline networks: US has 8,000 km; China

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