What is the projected growth rate (CAGR) of the Direct Air Capture (DAC) Market from 2025 to 2032, and what is the market value expected to change by 2032?

Global Direct Air Capture (DUS$65.88AC) Market reached US$ 65.88 million in 2024 and is expected to reach US$3,008.30 million by 2032, growing with a CAGR of 61.23% during the forecast period 2025-2032, according to DataM intelligence report.

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What is Direct Air Capture (DAC) Market ?

Direct Air Capture (DAC) is a carbon removal technology that uses chemical or physical processes to capture carbon dioxide (CO₂) directly from ambient air. The captured CO₂ can then be stored underground through carbon sequestration or reused in applications such as synthetic fuels, beverages, and industrial processes.

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Conclusion

As global efforts to combat climate change intensify, DAC is gaining importance as a scalable solution for achieving net-zero emissions. Its ability to remove existing atmospheric CO₂, rather than just reducing emissions at the source, positions it as a crucial technology in the future of carbon management and climate resilience.

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Top Key Companies:

Climeworks, Carbon Engineering ULC., Global Thermostat, Heirloom Carbon Technologies, Soletair Power, CarbonCapture Inc, Avnos, Inc., Noya PBC, Skytree and RepAir.

Market Segments:

By Technology: Liquid DAC, Electrochemical DAC, Others

By Energy Source: Electricity, Heat

By Application: Carbon Capture and Storage, Carbon Capture, Utilization and Storage

By End-User: Agriculture, Chemicals & Fuels, Carbon Mineralization, Food & Beverages, Oil & Gas, Other

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