Carbon Capture, Utilization and Storage (CCUS) Market Valued at $4.3 Billion in 2025, Set to Grow at a 14.2% CAGR

Carbon capture, utilization, and storage (CCUS) market was valued at $4.3 billion in 2025 and is projected to reach $16.2 billion by 2035, growing at a CAGR of 14.2% during the forecast Period (2026-2035). National-level policy commitments and dedicated CCUS roadmaps, such as India's approach, improve global CCUS adoption by offering long-term clarity for project developers and supporting the incorporation of CCUS into national decarbonization strategies, thus fostering market growth. For instance, in February 2026, India allocated $2.2 billion for carbon capture, utilization, and storage (CCUS) over the next five years, aiming to reduce carbon intensity in hard-to-abate sectors, as announced by Finance Minister Nirmala Sitharaman. The funding is linked to a national CCUS research and development roadmap launched in December 2025, which seeks to deploy CCUS technologies in industrial settings. Geological assessments estimate a CO2 storage potential of over $390 million tons. Key projects include the Gujarat cluster, designed to capture and transport CO2, and Oil India's CO2 flooding pilot in Assam. Priority sectors for CCUS application include power generation, steel, cement, refineries, and chemicals.

Browse the full report description of “Carbon Capture, Utilization and Storage (CCUS) Market Size, Share & Trends Analysis by Type (Capture, Transportation, Utilization, and Storage), By Technology (Post-Combustion Capture, Pre-Combustion Capture, Oxy-Fuel Combustion Capture, Direct Air Capture (DAC), and Others), and By End-User (Power Generation, Oil & Gas, Chemicals & Petrochemicals, Cement, Iron & Steel, and Others), Forecast Period (2026-2035)” at https://www.omrglobal.com/industry-reports/carbon-capture-utilization-and-Storage-CCUS-Market

Expansion of Public and Private Funding Support for CCUS Technologies

• In February 2026, Bezos Earth Fund and the Earthshot Prize initiative unveiled new financing support for promising carbon dioxide removal and CCUS ventures, aiming to boost early-stage climate technology companies working on innovative solutions.
• In January 2026, the Union Budget highlighted a new $2.2 billion funding push for carbon capture technologies as part of broader climate and energy commitments, signaling increased government support for CCUS deployment and innovation.

Market Coverage

• The market number available for – 2025-2035
• Base year- 2025
• Forecast period- 2026-2035
• Segment Covered-
  • By Service
  • By Technology
  • By End User
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape - Equinor ASA,ExxonMobil Corp.,Fluor Corp.,Shell plc, TotalEnergies SE.

Key questions addressed by the report.

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Carbon Capture, Utilization and Storage (CCUS) Market Report Segment

By Service

• Capture
• Transportation
• Utilization
• Storage

By Technology

• Post-Combustion Capture
• Pre-Combustion Capture
• Oxy-Fuel Combustion Capture
• Direct Air Capture (DAC)
• Others (Solvent-based, Membrane, Cryogenic Methods)

By End-User

• Power Generation
• Oil & Gas
• Chemicals & Petrochemicals
• Cement
• Iron & Steel
• Others (Waste-to-energy, Aviation Fuels)

Global Carbon Capture, Utilization and Storage (CCUS) Market Report Segment by Region

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Russia
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• South Korea
• Australia and New Zealand
• ASEAN Economies
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa

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