The global CCUS Absorption Market is witnessing rapid expansion, driven by rising concerns over climate change, government mandates on carbon neutrality, and increased investments in sustainable technologies. According to a comprehensive study by Kings Research, the market is expected to experience robust growth between 2025 and 2032, as industries worldwide increasingly adopt CCUS absorption technologies to mitigate greenhouse gas (GHG) emissions.

Market Overview

The CCUS absorption market refers to the segment within the broader carbon capture landscape that focuses on chemical absorption methods for capturing carbon dioxide from industrial and energy-related sources. Absorption technologies—primarily amine-based solvents—are widely used for post-combustion carbon capture in power generation, cement, steel, and chemical industries. As industries face mounting regulatory pressures and investor scrutiny over environmental, social, and governance (ESG) standards, absorption-based CCUS has emerged as one of the most reliable and commercially viable decarbonization solutions. The market’s accelerated trajectory is further propelled by technological advancements, supportive policies, and increased public-private collaborations.

The global CCUS absorption market size was valued at USD 485.4 million in 2024, which is estimated to be valued at USD 604.9 million in 2025 and reach USD 2842.7 million by 2032, growing at a CAGR of 24.71% from 2025 to 2032. The market is gaining momentum through the increasing scalability and flexibility of modular systems. 

Market Trends

One of the most significant trends shaping the CCUS absorption market is the growing shift toward low-cost, high-efficiency solvent systems. Traditionally dominated by aqueous monoethanolamine (MEA) solutions, the industry is gradually transitioning to next-generation solvents like sterically hindered amines, ionic liquids, and amino acid salts that offer improved absorption capacity and lower regeneration energy. Another key trend is the increasing deployment of modular CCUS systems that can be retrofitted into existing industrial setups, enabling small and medium enterprises (SMEs) to reduce their carbon footprint without incurring prohibitive capital costs.

Additionally, several major oil and gas companies are investing in CCUS pilot projects and commercial-scale deployments to meet decarbonization targets. Public awareness and environmental activism are also playing a crucial role in shaping corporate strategies and regulatory frameworks, ultimately contributing to increased adoption of CCUS absorption technologies.

Market Demand

The demand for CCUS absorption systems is surging across both developed and developing economies, with sectors such as power generation, cement, steel, and petrochemicals leading the charge. As fossil fuels continue to dominate the global energy mix, especially in industrial processes where electrification is not feasible, CCUS absorption presents a near-term solution for emissions reduction. Government-mandated carbon pricing mechanisms, such as the EU Emissions Trading System (ETS) and the U.S. Inflation Reduction Act (IRA) incentives, are further intensifying the demand for CCUS infrastructure.

Moreover, carbon-neutral hydrogen production—commonly referred to as “blue hydrogen”—relies heavily on carbon capture from natural gas reforming processes. This rising demand for blue hydrogen is significantly fueling the need for advanced absorption systems to capture CO₂ economically and efficiently. The food and beverage sector is also tapping into purified CO₂ captured via absorption for use in carbonated drinks and refrigeration, opening up new market avenues.

Market Dynamics

The CCUS absorption market is influenced by a multitude of dynamic factors. On the driver side, favorable government policies, tax incentives, and research funding are significantly encouraging technological innovation and commercial deployment. The cost of capture, once a major hurdle, is gradually declining due to advancements in process optimization, solvent formulation, and heat integration. Additionally, growing investment from both public and private sectors, coupled with international climate agreements, is creating a positive business environment.

However, the market faces some challenges, including high capital expenditure (CAPEX), operational complexity, and the need for skilled labor. Solvent degradation and equipment corrosion are technical issues that may hamper long-term adoption. The absence of a unified global carbon pricing mechanism also creates uncertainty in return on investment (ROI), especially in regions with weak regulatory enforcement. Nevertheless, continuous R&D efforts and the scaling up of demonstration projects are expected to overcome these challenges, making CCUS absorption technologies more accessible and economically viable.

Future Outlook

The future of the CCUS absorption market looks promising, with multi-fold growth expected over the next decade. Technological innovation will be a major catalyst, with hybrid systems combining absorption and adsorption technologies gaining traction. Countries with high industrial emissions like China, India, and the U.S. are likely to become hotbeds for large-scale CCUS deployment. The transition toward circular carbon economies and the integration of CCUS into carbon credit trading platforms will further expand market potential.

Long-term, CCUS absorption is expected to play a pivotal role in achieving net-zero goals globally. As renewable energy adoption scales up, hard-to-abate sectors will still require decarbonization support—where absorption-based carbon capture offers a bridge solution. With continuous policy support, investment in infrastructure, and public-private partnerships, the CCUS absorption market is set to become a cornerstone of global climate strategy.

Key Market Players

The global CCUS absorption market features a diverse range of players, from technology providers to project developers. Some of the leading companies in this market include:

• Aker Carbon Capture ASA

• Fluor Corporation

• Mitsubishi Heavy Industries, Ltd.

• Shell CANSOLV

• Carbon Clean Solutions Limited

• Siemens Energy

• ExxonMobil Corporation

• Hitachi Zosen Inova AG

• Linde plc

• Honeywell UOP

These companies are actively involved in developing and deploying advanced solvent systems, modular capture units, and integrated CCUS solutions. Strategic partnerships, mergers, acquisitions, and joint ventures are common among these players to enhance technological capability and expand geographic reach.

Market Segmentation

According to Kings Research, the CCUS absorption market can be segmented by technology, application, and end-user industry.

• By Technology

  • Chemical Solvent Absorption

  • Physical Solvent Absorption

  • Hybrid Systems

• By Application

  • Post-Combustion

  • Pre-Combustion

  • Oxy-Fuel Combustion

• By End-User Industry

  • Power Generation

  • Cement & Lime

  • Iron & Steel

  • Oil & Gas

  • Chemicals

  • Others (Pulp & Paper, Food & Beverage)

Among these, post-combustion capture using chemical solvents is the most widely adopted segment, owing to its compatibility with existing fossil-fuel-based infrastructure. The power generation and cement sectors are leading contributors, due to their high emission profiles and urgent need for emission mitigation technologies.

Recent Developments

The CCUS absorption market has witnessed a flurry of activities in recent years:

• In 2024, Aker Carbon Capture secured a contract to deliver a modular carbon capture plant to a waste-to-energy facility in the Netherlands, marking one of the first commercial-scale installations of its kind.

• Carbon Clean announced the launch of its CycloneCC unit, a compact absorption-based system that can capture up to 10 tons of CO₂ per day, ideal for small-scale industrial users.

• The U.S. Department of Energy (DOE) awarded $2.1 billion in funding for CCUS research projects, with a significant portion allocated to improving solvent-based capture systems.

• Shell continued expanding its CANSOLV technology, with new partnerships in Asia and Europe, aimed at enhancing large-scale industrial CCUS deployments.

• In Europe, several consortia involving Fluor, MHI, and Linde are engaged in pilot projects to demonstrate the commercial feasibility of amine-based absorption technologies in the iron and steel sector.

These developments reflect a growing commitment across sectors and regions to deploy CCUS absorption as a mainstream climate solution.

Regional Analysis

The CCUS absorption market exhibits varying dynamics across key regions:

• North America remains a global leader in CCUS adoption, driven by strong policy frameworks like the 45Q tax credit in the U.S., and significant investments from both federal and state governments. Canada, with its vast geological storage potential and active oil sands industry, is also advancing rapidly.

• Europe is making significant strides through the EU Green Deal and related initiatives, with countries like Norway, the UK, and the Netherlands investing in cross-border CO₂ transport and storage networks. The region’s robust regulatory framework and environmental consciousness are propelling innovation.

• Asia-Pacific is witnessing rapid growth, particularly in China and India, where industrial emissions are among the highest globally. Government-funded demonstration projects and international collaborations are enhancing the market landscape in this region.

• Middle East & Africa is an emerging market, with countries like the UAE and Saudi Arabia exploring CCUS as part of their energy diversification strategies. The region’s interest in blue hydrogen is also creating new demand for absorption-based carbon capture.

• Latin America, while still nascent in its CCUS journey, is seeing growing interest from Brazil and Chile, especially in relation to bioenergy with carbon capture and storage (BECCS) applications.

Conclusion

In conclusion, the global CCUS absorption market is undergoing a transformative phase, backed by technological breakthroughs, regulatory support, and urgent climate imperatives. As the world races toward carbon neutrality, absorption-based carbon capture technologies offer a scalable and proven pathway to reducing emissions from hard-to-abate sectors. With strong momentum across regions and industries, the market is expected to witness exponential growth through 2032, becoming a key enabler of the global energy transition.

For more insights and in-depth analysis, the full Kings Research CCUS Absorption Market Report is now available for download- https://www.kingsresearch.com/ccus-absorption-market-2352