Direct Air Capture Market 2030: Solid-DAC Dominates the Carbon Revolution
Direct Air Capture Market Summary The global direct air capture (DAC) market was valued at USD 97.56 million in 2024 and is expected to expand significantly, reaching USD 1,699.33 million by 2030, with a CAGR of 61.15% from 2025 to 2030. This rapid growth is primarily driven by rising global awareness and the urgent need to combat climate change. Governments, industries, and organizations worldwide are increasingly focused on reducing atmospheric CO₂ levels, a major factor contributing to global warming. In alignment with the Paris Agreement’s targets for achieving net-zero emissions by mid-century, DAC technology presents a promising solution by capturing carbon dioxide directly from the air. The captured CO₂ can then be securely stored or repurposed, thereby significantly contributing to carbon emission reduction efforts. Globally, policymakers are introducing supportive regulations and incentives for DAC as part of comprehensive decarbonization plans. For example, carbon pr...