The global direct air capture (DAC or DACCS) market size was valued at nearly 24 million U.S. dollars in 2022. The market is expected to register a CAGR of 72.15 percent during the forecast period, reaching a value of 614 million U.S. dollars by 2028. DAC technologies use chemical reactions to extract carbon dioxide (CO₂) directly from the atmosphere at any location.
Direct air capture (DAC & DACCS) market size worldwide from 2022 to 2028
(in million U.S. dollars)
Characteristic
Market size in million U.S. dollars
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Projections based on a CAGR of 72.15 percent during the forecast period
Supplementary notes
Values between 2022 and 2028 were estimated by Statista. For the Statista estimate, an exponential development of the values between 2022 and 2028 was assumed to estimate the annual values. The values for 2022 and 2028 were provided by the source.
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Statista, & GlobeNewswire. (March 21, 2023). Direct air capture (DAC & DACCS) market size worldwide from 2022 to 2028 (in million U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1414965/global-direct-air-capture-market-size/
Statista, und GlobeNewswire. "Direct air capture (DAC & DACCS) market size worldwide from 2022 to 2028 (in million U.S. dollars)." Chart. March 21, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1414965/global-direct-air-capture-market-size/
Statista, GlobeNewswire. (2023). Direct air capture (DAC & DACCS) market size worldwide from 2022 to 2028 (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1414965/global-direct-air-capture-market-size/
Statista, and GlobeNewswire. "Direct Air Capture (Dac & Daccs) Market Size Worldwide from 2022 to 2028 (in Million U.S. Dollars)." Statista, Statista Inc., 21 Mar 2023, https://www.statista.com/statistics/1414965/global-direct-air-capture-market-size/
Statista & GlobeNewswire, Direct air capture (DAC & DACCS) market size worldwide from 2022 to 2028 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1414965/global-direct-air-capture-market-size/ (last visited July 22, 2024)
Direct air capture (DAC & DACCS) market size worldwide from 2022 to 2028 (in million U.S. dollars) [Graph], Statista, & GlobeNewswire, March 21, 2023. [Online]. Available: https://www.statista.com/statistics/1414965/global-direct-air-capture-market-size/
