Direct Air Carbon Capture Industry – Key Growth Opportunities Lie in DACC with CO2 Used for SAF and Urea Produced from CO2 Captured Using DACC

DUBLIN, Feb. 21, 2024 /PRNewswire/ — The “Growth Opportunities in the Direct Air Carbon Capture Industry” report has been added to ResearchAndMarkets.com’s offering.

Direct air carbon capture (DACC) is a negative-emission carbon dioxide reduction technology that directly captures CO2 from the air with solid or liquid adsorbents/solvents and then uses a heat source to desorb the CO2. It is a rapidly emerging and dynamic segment of the carbon capture, utilization, and storage industry.

DACC is still in the early stages of development and faces many challenges, but it will play a pivotal role in companies’ decarbonization strategies in the decades ahead. As decarbonization becomes a priority across many industries and carbon-neutrality deadlines approach, DACC will present growth opportunities in the next decade and beyond in the areas of technological innovation, business model evolution. The industry today is a hotbed of innovation, and the competitive environment includes an array of participants ranging from start-ups to multinational companies.

This study provides a comprehensive analysis of the global DACC market to 2040, including revenue forecasts, carbon capture capacity, prominent technologies, regional splits, industry trends, a competitive analysis, and growth opportunity identification.

Key Growth Opportunities:

Growth Opportunity 1: DACC with CO2 Used for SAFGrowth Opportunity 2: DACC in the Transport Industry to Offset EmissionsGrowth Opportunity 3: Urea Produced from CO2 Captured Using DACC

Key Topics Covered:

Growth Environment

Growth Opportunity Analysis

Scope of AnalysisDACC Value Chain and EcosystemDACC TechnologiesPolicies Supporting DACC GrowthKey CompetitorsGrowth MetricsGrowth DriversGrowth RestraintsForecast ConsiderationsRevenue and Annual Capacity Addition ForecastRevenue Forecast by RegionAnnual Capacity Addition Forecast by RegionRevenue Forecast AnalysisDACC Cost Comparison Without Carbon PriceAction Plan to Reduce DACC Costs and Scale Up ProjectsEndgame Scenarios for Profitable DACC Implementation

For more information about this report visit https://www.researchandmarkets.com/r/izkeef

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SOURCE Research and Markets