North America Carbon Capture And Storage Market Size & Outlook
The carbon capture and storage market in North America is expected to reach a projected revenue of US$ 2,100.9 million by 2030. A compound annual growth rate of 7.7% is expected of North America carbon capture and storage market from 2025 to 2030.
Revenue, 2024 (US$M)
$1,355.6
Forecast, 2030 (US$M)
$2,100.9
CAGR, 2025 - 2030
7.7%
Report Coverage
North America
North America Carbon Capture And Storage Market, 2018-2030 (US$M)
Global Report
Related Markets
North America carbon capture and storage market highlights
- The North America carbon capture and storage market generated a revenue of USD 1,355.6 million in 2024.
- The market is expected to grow at a CAGR of 7.7% from 2025 to 2030.
- In terms of segment, power generation was the largest revenue generating application in 2024.
- Cement is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2025 to 2030.
North America data book summary
| Market revenue in 2024 | USD 1,355.6 million |
| Market revenue in 2030 | USD 2,100.9 million |
| Growth rate | 7.7% (CAGR from 2025 to 2030) |
| Largest segment | Power generation |
| Fastest growing segment | Cement |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Power generation, Cement, Oil & Gas, Metal production |
| Key market players worldwide | Shell PLC, Aker Solutions ASA, Equinor ASA, Linde PLC, Siemens AG, Fluor Corp, Sulzer AG, Mitsubishi Corp, Dakota Gasification |
Other key industry trends
- In terms of revenue, North America region accounted for 36.8% of the carbon capture and storage market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,515.3 million by 2030.
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Publish Date: Jun 04, 2025
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Carbon Capture And Storage Market Scope
Carbon Capture And Storage Market segmentation & scope
Carbon Capture And Storage Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Siemens AG | View profile | 321,000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | www.siemens.com |
| Mitsubishi Corp | View profile | 105,267 | Mitsubishi Shoji Building 3-1, Marunouchi 2-chome, Chiyoda-ku, Tokyo, Japan, 100-8086 | www.mitsubishicorp.com |
| Sulzer AG | View profile | 13,300 | Neuwiesenstrasse 15, Winterthur, Switzerland, 8401 | www.sulzer.com |
| Shell PLC | View profile | 100,000 | Shell Centre, London, United Kingdom, SE1 7NA | www.shell.com |
| Linde PLC | View profile | 66,195 | 10 Riverview Drive, Danbury, CT, United States, 06810 | www.linde.com |
| Fluor Corp | View profile | 30,187 | 6700 Las Colinas Boulevard, Irving, TX, United States, 75039 | www.fluor.com |
| Aker Solutions ASA | View profile | 11,473 | Oksenoyveien 8, Lysaker, Fornebu, Norway, 1366 | www.akersolutions.com |
| Equinor ASA | View profile | 24,467 | Forusbeen 50, Stavanger, Norway, N-4035 | www.equinor.com |
| Dakota Gasification | View profile | 501-1000 | Bismarck, North Dakota, United States, North America | www.dakotagas.com |
North America Carbon Capture And Storage Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Carbon Capture And Storage Market Outlook will help companies and investors design strategic landscapes.
Power Generation was the largest segment with a revenue share of 76.03% in 2024.
Horizon Databook has segmented the North America carbon capture and storage market based on power generation, cement, oil & gas, metal production covering the revenue growth of each sub-segment from 2018 to 2030.
- North America Carbon Capture And Storage Market Application Outlook (Revenue, USD Million , 2018-2030)
- Power generation
- Oil & Gas
- Metal production
- Cement
- Others
- North America Carbon Capture And Storage Market Technology Outlook (Revenue, USD Million , 2018-2030)
- Post combustion
- Industrial Process
- Pre-combustion
- Oxy-Combustion
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America Carbon Capture And Storage Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into North America Carbon Capture And Storage Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
North America Carbon Capture And Storage Market, 2018-2030 (US$M)
North America carbon capture and storage market statistics, by application, 2018-2030 (US$M)
