The global CCS market is projected to grow from US$6.73 billion in 2025 to US$15.46 billion by 2032, reflecting a compound annual growth rate (CAGR) of 12.6%. This growth is driven by stricter emissions regulations, rising decarbonization targets, and increasing adoption of CCS technologies across sectors like power generation, cement, and petrochemicals.
Ref: ‘Carbon Capture and Storage Market Analysis 2025–2032’ at coherentmarketinsights.com.