A new analysis from MarketsandMarkets projects that the carbon capture materials market will grow from about 66.9 billion dollars in 2025 to more than 99 billion dollars by 2030. That represents an annual growth rate of just over 8 percent, driven largely by pressure on high-emission industries to decarbonize.

Sectors such as cement, steel, and chemicals are looking to carbon capture and storage as a way to meet net-zero goals. These facilities are some of the toughest to decarbonize, and the report notes that materials like membranes and alkaline solvents are becoming central to post-combustion capture systems that can remove up to 90 percent of carbon dioxide from flue gas.

The study points to tightening climate policies in Europe and North America, along with expanding carbon markets, as key motivators. As governments push for deeper cuts, industry demand for scalable, flexible capture materials continues to rise. MarketsandMarkets says this environment is creating steady investment in new solutions, though the report also flags the high energy cost of material regeneration as an ongoing challenge.

Among the findings, membranes are expected to be the largest material category over the next several years. The report attributes their growth to cost efficiency, small footprint, and easy integration into existing industrial sites. Membranes can handle high-temperature and high-pressure streams and avoid the secondary waste issues associated with some conventional solvent systems.

Absorption processes, which rely on liquid solvents to bind carbon dioxide, remain the most widely deployed method across power plants and other major emitters. The report notes that absorptions are mature, well-understood, and adaptable to large-scale operations, which helps maintain their lead even as interest grows in alternatives such as adsorption, cryogenic separation, and advanced membranes.

Post-combustion capture is projected to stay the dominant technique because it can be retrofitted into existing plants without significant redesign. The approach is already common in coal and natural gas power generation, as well as cement and steel production, where operators face strong regulatory demands to curb emissions but cannot easily overhaul entire facilities.

Power generation is expected to remain the largest end-use segment for carbon capture materials. The report highlights that fossil fuel power plants still supply a major share of electricity worldwide, and capturing emissions at these large point sources is currently the most economical path to significant reductions.

The study identifies several trends shaping the market, including opportunities in bio-derived and circular carbon capture materials, and the challenge of integrating capture systems with downstream CO₂ utilization technologies.

The report lists major companies in the space, including Ecolab, BASF, DOW, Mitsubishi Heavy Industries, Solvay, Air Products and Chemicals, Tosoh Corporation, Honeywell International, and Zeochem.