Solid Sorbents for Carbon Capture by Type (Overview: Global Solid Sorbents for Carbon Capture Consumption Value, Mesoporous Silicas, Zeolites, Metal-organic Frameworks), by Application (Overview: Global Solid Sorbents for Carbon Capture Consumption Value, Oil and Gas, Power Generation, Others), by North America (United States, Canada, Mexico), by South America (Brazil, Argentina, Rest of South America), by Europe (United Kingdom, Germany, France, Italy, Spain, Russia, Benelux, Nordics, Rest of Europe), by Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, Rest of Middle East & Africa), by Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, Rest of Asia Pacific) Forecast 2025-2033
The global market for solid sorbents for carbon capture is anticipated to reach a valuation of USD 58 million by 2033, exhibiting a CAGR of 12.2% during the forecast period (2025-2033). Increasing concerns over climate change and global warming have led to a strong demand for carbon capture and storage technologies. Solid sorbents play a vital role in these technologies due to their ability to selectively capture carbon dioxide from various industrial processes and power plants.
The growing adoption of solid sorbents for carbon capture is being driven by stringent environmental regulations and government initiatives to reduce greenhouse gas emissions. Additionally, advancements in sorbent materials and technologies are leading to improved efficiency and reduced costs of carbon capture. The market is segmented into different types, including mesoporous silicas, zeolites, and metal-organic frameworks. Each type has its own advantages and applications, catering to the diverse needs of industries and power generation facilities.
The global solid sorbents for carbon capture market is projected to reach $6.3 billion by 2030, exhibiting a CAGR of 12.5% during the forecast period. The increasing concerns over climate change and stringent environmental regulations are driving the demand for carbon capture technologies. Solid sorbents, which can effectively capture carbon dioxide from various sources, are gaining traction due to their high adsorption capacity, recyclability, and cost-effectiveness.
Key market insights include:
The solid sorbents for carbon capture market is primarily driven by the following factors:
The solid sorbents for carbon capture market faces several challenges and restraints, including:
In terms of region, North America and Europe are expected to dominate the solid sorbents for carbon capture market throughout the forecast period. These regions have stringent environmental regulations, high levels of industrialization, and a growing demand for CCS technologies.
In terms of segment, the oil and gas industry is projected to hold the largest market share during the forecast period. The high carbon emissions associated with oil and gas production and the need to reduce emissions to meet regulatory compliance are driving the demand for solid sorbents in this industry.
The solid sorbents for carbon capture industry is expected to benefit from several growth catalysts, including:
Key players in the solid sorbents for carbon capture market include:
Recent significant developments in the solid sorbents for carbon capture sector include:
This report provides comprehensive coverage of the solid sorbents for carbon capture market, including:
Aspects | Details |
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Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 12.2% from 2019-2033 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 12.2% from 2019-2033 |
Segmentation |
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Note* : In applicable scenarios
Primary Research
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