Carbon Capture, Utilization, and Storage (CCUS) is rapidly emerging as a pivotal technology in the global effort to combat climate change. According to GlobalData's CCUS Market Outlook and Trends H1 2025 report, global CCUS capacity is projected to reach 735 million tonnes per annum (mtpa) by 2030.
This ambitious growth is spearheaded by key players across various countries. Let's delve into the top companies propelling CCUS initiatives worldwide.
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The United States stands at the forefront with an anticipated 244.77mtpa of CCUS capacity across 266 projects by 2030. This impressive figure is largely attributed to industry giants such as:
These companies are leveraging robust policy frameworks and financial incentives, including the Inflation Reduction Act and the Infrastructure Investment and Jobs Act, to advance their CCUS endeavors.
The United Kingdom is making substantial strides with a projected 107.93mtpa of CCUS capacity across 75 projects by 2030. Notable contributors include:
These initiatives align with the UK's commitment to integrating CCUS into its industrial decarbonization and broader climate strategies.
Canada has been a proactive adopter of CCUS technologies, with an expected 74.49mtpa of capacity from 62 projects by 2030. Key players driving this growth are:
Canada's leadership in carbon pricing and substantial financial commitments underscore its dedication to CCUS development.
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Norway is set to achieve 47.74mtpa of CCUS capacity from 39 projects by 2030. A standout initiative is the Northern Lights CO₂ Storage Project, a collaboration between:
This project represents the world's first cross-border CO₂ transport and storage facility, highlighting Norway's leadership in European CCUS efforts.
India is rapidly emerging in the CCUS landscape, with a planned capacity of 40.71mtpa across ten projects by 2030. A significant contributor is:
The Indian government's proposed CCUS policies aim to foster industry clusters and provide financial incentives to achieve ambitious capacity targets.
The Netherlands is projected to reach 27.69mtpa in CCUS capacity across 26 projects by 2030. Companies at the forefront include:
The Dutch government's supportive policies and funding opportunities have been instrumental in advancing CCUS projects.
Australia anticipates a total CCUS capacity of 25.37mtpa from 30 projects by 2030. Leading entities include:
Government incentives and funding have played a crucial role in promoting CCUS technologies across the country.
Denmark is forecasted to have 19.54mtpa in CCUS capacity from 13 projects by 2030. Key participants are:
Both domestic and EU-level support have facilitated Denmark's steady progress in CCUS initiatives.
Malaysia is expected to achieve 13.3mtpa in CCUS capacity across nine projects by 2030. Notable companies include:
The Malaysian government's strategic roadmap and incentives are pivotal in advancing CCUS projects.
Japan rounds out the list with a projected 11.52mtpa of CCUS capacity from 21 projects by 2030. Prominent contributors are:
Japan's forward-looking policies and significant investments are establishing a strong foundation for CCUS development.
In summary, these companies are at the vanguard of the global CCUS movement, each playing a crucial role in their respective countries to combat climate change through innovative carbon capture solutions.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
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Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.