A new market research report by MarketsandMarkets, published on April 7, 2026, projects the global Direct Air Capture (DAC) market will grow from $62 million in 2023 to $1,727 million by 2030 — a compound annual growth rate of 60.9%. The report identifies North America as the largest and fastest-growing regional market, underpinned by the 45Q tax credit of $180 per tonne CO₂ for geological storage, which was preserved in recent US energy legislation with inflation adjustments beyond 2026.
The Carbon Capture, Utilization and Storage (CCUS) segment is forecast to hold the largest market share through 2030, driven by industrial-scale projects pairing DAC units with existing geological storage infrastructure. Liquid solvent systems and solid sorbent-based DAC plants are the two dominant technology approaches, each with distinct cost, energy, and deployment profiles. The report highlights that DAC systems can be deployed across diverse scales and geographies, allowing project developers to customize deployments to local renewable energy sources and geological storage capacity.
In parallel, industrial partnerships are accelerating commercial-scale deployment. AirMyne, a Berkeley-based DAC startup specialising in liquid solvent capture, recently secured a strategic investment from ENEOS Holdings — Japan's largest energy conglomerate — establishing a framework for joint technical evaluation and project development in the US, Japan, and global markets. AirMyne plans to break ground on a commercial pilot and demonstration plant supported by the California Energy Commission, with ENEOS providing industrial-scale expertise and capital access.
On the demand side, corporate procurement of DAC-sourced removal credits is accelerating. JP Morgan Chase has committed $200 million in high-quality, durable CDR agreements across multiple providers. Climeworks' customer base — which includes Airbus, Shopify, Swiss Re, and UBS — demonstrates that large financial institutions and manufacturers increasingly require durable, engineered carbon removal to supplement nature-based credits in their net-zero portfolios. This demand profile is structurally different from the VCM's historical pattern of price-driven commodity purchasing: buyers are contracting at forward prices, accepting delivery risk, and requiring rigorous MRV documentation.
The market's exponential growth trajectory assumes continued policy support, falling energy costs (DAC is energy-intensive), and technology learning curves that reduce levelised cost of capture from current estimates of $300–600/tonne toward the $100–150/tonne range by the early 2030s. These assumptions carry execution risk: permitting for geological storage remains complex, renewable energy availability for DAC operations is site-dependent, and MRV frameworks for long-term geological permanence are still maturing.
The MarketsandMarkets forecast confirms what TrustVal has observed in client conversations: DAC is transitioning from demonstration science to commercial infrastructure. The 60.9% CAGR is aggressive, but it reflects real demand from corporate buyers who need durable removal credits that can withstand scrutiny. At TrustVal, we focus on the critical enabler for this market's integrity: dMRV. DAC projects must demonstrate actual tonnes removed, permanence of storage, and energy attribution — requirements that demand continuous, sensor-based monitoring rather than annual estimates. Our platform is designed to meet precisely these standards, supporting project developers seeking PACM, VCS, or Gold Standard certification for their CDR activities.
Primary source: GlobeNewswire — MarketsandMarkets DAC Report, April 7, 2026 | Carbon Herald — AirMyne/ENEOS partnership
TrustVal helps CDR project developers build audit-ready dMRV systems that meet the verification requirements of high-integrity carbon standards — from PACM to Verra VCS.