Carbon Dioxide Removals (CDR) Market

Report Code: ENV069A

Publish Date: Feb 2024

Publisher: BCC Publishing

Category: Environment

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Report Highlights

This report provides an up-to-date analysis of current and future markets for carbon dioxide removal. The study provides a comprehensive accounting of worldwide carbon dioxide removal markets in a multi-client format. It presents a thorough and up-to-date global assessment of the market and business of carbon dioxide removal. This, in turn, will help industry participants, suppliers, government bodies, associations, and customers make the informed decisions needed to compete and succeed in the marketplace.

Report Includes

  • An overview of the global market landscape related to the carbon dioxide removals (CDR)
  • In-depth analysis of global market trends, featuring historical revenue data for 2022, estimated figures for 2023, as well as forecasts for 2028. This analysis includes projections of Compound Annual Growth Rates (CAGRs) spanning through 2028
  • Evaluation of the current market size and revenue growth prospects specific to carbon dioxide removals (CDR), accompanied by a comprehensive market share analysis categorized by technology type, carbon credit buyers, and geographical region
  • Coverage of evolving technologies and highlights of the current and future market potential and a detailed analysis of the regulatory framework and reimbursement scenarios
  • Market share analysis of the key companies of the industry and coverage of events like mergers & acquisitions, joint ventures, collaborations or partnerships, and other key market strategies
  • Detailed profiles of leading market participants, providing a descriptive overview of their respective businesses

Report Scope

This report has segmented the market based on technology type, carbon credit buyers and region. The report provides an overview of the global carbon dioxide removal market and analyzes market trends. Using 2022 as the base year, the report provides estimated market data for the forecast period from 2023 to 2028. Revenue forecasts for this period are segmented by product type and geography. Market values have been estimated based on the total revenue of carbon dioxide removal companies.

The report covers the market for carbon dioxide removal with regard to the user base across different regions. It also highlights major trends and challenges that affect the market and the vendor landscape. The report estimates the global market for carbon dioxide removal in 2022 and provides projections for the expected market size through 2028.

Report Synopsis

Report Metrics Details
Base year considered 2022
Forecast period considered 2023-2028
Base year market size $370.0 million
Market size forecast $8.1 billion
Growth rate CAGR of 31.0% for the forecast period of 2023-2028
Units considered $ Millions
Segments covered Technology Type, Carbon Credit Buyers, and Region
Regions covered North America, Europe, Middle East & Africa, Asia-Pacific, and South America
Key Market Drivers
  • Establishment of CDR Mission
  • Government Funding for CDR Projects
Companies studied
ARCA (FORMERLY CARBIN MINERALS)BUSSME ENERGY AB
CARBOFEX LTD.CARBON ENGINEERING ULC.
CELLA MINERAL STORAGE INC.CLIMEWORKS AG
GLOBAL THERMOSTATWAKEFIELD BIOCHAR
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Frequently Asked Questions (FAQs)

The market is projected to grow from $370.0 million in 2022 to $8.1 billion in 2028 at a compound annual growth rate (CAGR) of 31.0% during the forecast period.
Increasing focus on rapidly increasing carbon dioxide emissions, establishment of CDR mission, and government funding to support CDR projects are key factors driving the market.
The segments covered in the market are technology type and carbon credit buyers. The technology type segmentation includes biochar, enhanced mineralization, direct air capture (DAC), bioenergy with carbon capture & storage (BECCS), ocean alkalinization, and Others. The carbon credit buyer segmentation includes the finance sector, technology sector, and others.
The biochar segment will dominate the market by the end of 2028.
The market has been classified into four regions, namely Asia-Pacific, South America, EMEA, and North America. North America holds the highest market share in the market due to the presence of leading market players, robust technology infrastructure, a surge in demand for carbon dioxide removal technologies, and increasing initiatives by market players to increase carbon removal and capture capacity in the region.

Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

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Table of Contents

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Title/Chapter NamePagesMember Price
Full Report: Carbon Dioxide Removals (CDR) Market60Free

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Carbon Dioxide Removals (CDR) Market
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