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Direct air capture (DAC & DACCS) market size worldwide from 2022 to 2028 (in million U.S. dollars)

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Sources

Release date

March 2023

Region

Worldwide

Survey time period

2022

Special properties

Projections based on a CAGR of 72.15 percent during the forecast period

Supplementary notes

Values between 2022 and 2028 were estimated by ÌÇÐÄÆƽâ°æ. For the ÌÇÐÄÆƽâ°æ estimate, an exponential development of the values between 2022 and 2028 was assumed to estimate the annual values. The values for 2022 and 2028 were provided by the source. 

Citation formats

Global direct air capture (DAC) market size 2022-2028

Published by ÌÇÐÄÆƽâ°æ Research Department, Oct 6, 2023

The global direct air capture (DAC or DACCS) market size was valued at nearly ** million U.S. dollars in 2022. The market is expected to register a CAGR of percent during the forecast period, reaching a value of *** million U.S. dollars by 2028. DAC technologies use chemical reactions to extract carbon dioxide (COâ‚‚) directly from the atmosphere at any location.

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Topics

Carbon dioxide removalGlobal climate changeCarbon capture and storageGreenhouse gas emissions worldwideVoluntary carbon markets worldwide
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