CCUS Market Outlook and Trends (H2 2025)

CCUS Market Outlook and Trends (H2 2025)

Summary

The CCUS pipeline is set to grow strongly in the coming years, with current project announcements offering a potential growth of CAGR 49% between 2025 and 2030. Project announcements throughout 2024 have significantly boosted the 2030 capacity scenario, which now reaches over 812mtpa across 474 projects. Although the macroeconomic environment for developing large-scale CCUS projects remains challenging, it is promising that 67.5% of the 2030 capacity has passed the feasibility stage. This illustrates that, although some projects are encountering delays, a significant proportion of the total projects are migrating into later stages of development, driven by growing pressure to reduce GHG emissions to meet upcoming NZE targets. North America, chiefly through the US, is set to maintain leadership, accounting for 35% of global CCS capacity by 2030. In terms of project type and end-purpose, while active CCUS projects are currently distributed fairly evenly across storage, industrial feedstock use, and enhanced oil recovery (EOR), a shift toward long-term geological storage is emerging. In fact, between 2025 and 2030, standalone storage capacity is projected to grow at the fastest rate, with a CAGR of 59%, reflecting a global pivot toward permanent CO2 sequestration.

Additionally, post-combustion capture is expected to become the dominant CCUS technology by the end of the decade, accounting for a 73% share of 2030 capture capacity by technology. Looking at facility industries, power generation is set to become the main industry adopter of CCUS by 2030, whilst at present, natural gas processing is the biggest adopter. Oil and gas companies are set to play a major role in terms of scaling both capture and storage capacity, with Synergia Energy Ltd, ExxonMobil Corp, and BP Plc set to become the leading CCS players in 2030 by sum of their net capacity. In terms of CCUS deal activity, venture financing stood out in H1 2025, reflecting strong investor appetite for innovation and emerging carbon capture technologies.

Key Highlights

• The CCUS pipeline is set to grow strongly in the coming years, with current project announcements offering a potential growth of CAGR 49% between 2025 and 2030.
• Project announcements throughout 2024 have significantly boosted the 2030 capacity scenario, which now reaches over 812mtpa across 474 projects.
• 67.5% of the 2030 capacity has passed the feasibility stage, illustrating that a significant proportion of the total projects are migrating into later stages of development.
• North America, chiefly through the US, is set to maintain leadership, accounting for 35% of global CCS capacity by 2030.
• A shift toward long-term geological storage is emerging, with standalone storage capacity projected to grow at a CAGR of 59% between 2025 and 2030, reflecting a global pivot toward permanent CO2 sequestration.
• Post-combustion capture is expected to become the dominant CCUS technology by the end of the decade, accounting for a 73% share of 2030 capture capacity by technology.
• Power generation is set to become the main industry adopter of CCUS by 2030, whilst at present, natural gas processing is the biggest adopter.
• Oil and gas companies are set to play a major role in terms of scaling both capture and storage capacity, with Synergia Energy Ltd, ExxonMobil Corp, and BP Plc set to become the leading CCS players in 2030 by sum of their net capacity.
• Venture financing stood out as a prevalent deal type in 2024 and Q1 2025, reflecting strong investor appetite for innovation and emerging carbon capture technologies.

• Snapshot of CCUS capacity growth over the past year
• CCUS capacity outlook, 2021 – 2030
• Regional breakdown of CCUS capacity
• Leading countries for CCUS capacity at the end of the decade.
• Largest upcoming carbon capture projects
• Largest upcoming carbon storage projects
• CCUS technology trends
• Carbon capture adoption across facility industries
• Leading owners of CCS capacity
• CCUS deal activity throughout 2024
• Recent CCUS related M&A activity
• Recent capital raisings related to CCUS
• National CCUs incentives and policies

• Gain insight into the CCUS capacity outlook in the run up to 2030.
• Identify the market trends and key players in CCUS technology.
• Understand patterns of CCUS project development and adoption.
• Understand how and where the market is growing as it is rapidly scales to become a key technology for the global energy transition.
• Track CCUS-related deal activity over the course of 2024 and H1 2025.