Industrial Decarbonization

CCS Market Forecast to Pass $14 Billion by 2030 at 15% CAGR

Carbon capture and storage market to exceed $14 billion by 2030 at 15% CAGR, with pre-combustion technology holding 46% of projected value, EIN News forecast shows.

Waypoints

  1. CCS market projected to exceed $14 billion by 2030

  2. Forecast compound annual growth rate of 15% through 2030

  3. Pre-combustion capture holds 46% of the projected market

  4. Forecast distributed by EIN News

The global carbon capture and storage (CCS) market will exceed $14 billion by 2030, growing at a compound annual growth rate (CAGR) of 15%, according to a market forecast distributed by EIN News. Pre-combustion technology accounts for the single largest slice of that projected market, at 46% of total value.

For industrial sectors weighing decarbonization capital plans, the headline numbers set a benchmark: a 15% CAGR sustained through 2030, and a market that clears the $14 billion threshold within that horizon. The 46% share held by pre-combustion capture is the structural detail that matters most in the forecast.

What does the 46% pre-combustion share signal?

Pre-combustion capture — removing carbon from fuel or process streams before combustion rather than from flue gas afterwards — is the dominant technology category in the forecast at 46%. That positioning tells planners where vendors expect deployment volume to concentrate through the end of the decade.

The remaining 54% of the projected market is split across other capture routes, with the forecast ranking pre-combustion as the clear leader rather than one option among equals. Any procurement or permitting strategy that assumes post-combustion retrofits define the sector would be working against the forecast's technology weighting.

How fast does the market compound?

The forecast's 15% CAGR is the rate at which the sector's total market value compounds to reach the $14 billion-plus mark by 2030. That growth rate positions CCS as an expanding industrial market rather than a static one, and it is the figure against which individual project announcements, plant capacities and contract awards can be measured as they land.

Two figures anchor the whole projection:

  • Market size: over $14 billion by 2030
  • Growth rate: 15% CAGR through the forecast period
  • Technology mix: pre-combustion capture at 46% of the market

Built capacity versus forecast value

The forecast covers projected market value — not operating tonnage, not installed capture capacity, and not tonnes of CO2 abated. That distinction is decisive for readers tracking the sector. A $14 billion market value by 2030 is a revenue-side claim; it does not by itself establish how many capture facilities will be running, in which jurisdictions, or at what capture volumes.

The forecast, distributed via EIN News, provides the demand-side frame. Facility-level claims — specific plants, capture rates, storage sites and permit timelines — will need to be verified against individual company disclosures and regulatory filings as projects move from announcement to construction.

Why the 2030 horizon matters

The 2030 endpoint is not arbitrary. It is the decade milestone against which corporate circularity and decarbonization pledges are commonly written, and it is the date by which this forecast expects the CCS market to have crossed $14 billion. Each quarter of project announcements between now and then either supports or erodes that trajectory.

The numbers to track going forward are straightforward: whether the compound growth rate holds near 15%, whether pre-combustion retains its 46% technology share as new projects reach final investment decision, and whether realized contract values through 2030 validate the $14 billion market call. The next round of project-level financial disclosures and award announcements will show whether the market is building toward the forecast or lagging it.

via Google News: Industrial decarbonization (Source)

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Elena Vasquez

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Senior reporter covering media and advertising at Circular Wire.

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