Carbon Dioxide Removal (CDR) 2024-2044: Technologies, Players, Carbon Credit Markets, and Forecasts

Eve Pope, ITTechEx Research, April 2024

This report provides a comprehensive outlook of the emerging CDR industry and carbon credit markets, with an in-depth analysis of the technological, economic, regulatory, and environmental aspects that are shaping this market. In it, IDTechEx focuses on technologies that actively draw COâ‚‚ from the atmosphere and sequester it into carbon sinks, namely: Direct air carbon capture and storage (DACCS), Biomass with carbon removal and storage (BiCRS) including approaches such as BECCS (bioenergy with carbon capture and storage), biochar, biomass burial, and bio-oil underground injection, Land-based CDR methods, i.e. afforestation and reforestation and soil carbon sequestration techniques, Mineralization NETs that enhance natural mineral processes and Ocean-based CDR methods.

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