The Market Reports

Synopsis

The global market for Point Source Carbon Capture Device (PSCD) was estimated to be worth US$ 5102 million in 2024 and is forecast to a readjusted size of US$ 12680 million by 2031 with a CAGR of 14.4% during the forecast period 2025-2031.

The Point Source Carbon Capture Device (PSCD) is a critical component within the broader CCUS (Carbon Capture, Utilization, and Storage) framework, specifically focused on the capture phase. PSCD is designed to directly capture carbon dioxide (CO₂) emissions from fixed point sources such as power plants or industrial facilities, where CO₂ is concentrated. It employs technologies like absorption, adsorption, or membrane separation to efficiently remove CO₂ from flue gases. While PSCD addresses the capture process, CCUS encompasses the entire lifecycle of CO₂ management, including the utilization (e.g., converting CO₂ into products) and storage (e.g., underground sequestration) to reduce greenhouse gas emissions and mitigate climate change.

The global key companies of Point Source Carbon Capture Device (PSCD) include Exxon Mobil, Aker Solutions (SLB), BASF, General Electric, Siemens AG, Mitsubishi, Linde PLC, Equinor, and Huaneng, etc. In 2024, the global top five players had a share approximately 37.08% in terms of revenue.

The Point Source Carbon Capture Device (PSCD) market is experiencing steady growth, driven by increasing global emphasis on reducing carbon emissions and achieving sustainability targets. Governments and regulatory bodies worldwide are enforcing stricter environmental policies, such as carbon taxes and emissions trading systems, compelling industries to adopt carbon capture solutions. The PSCD market is seeing significant adoption in high-emission sectors, particularly in oil & gas, power generation, and heavy industries like cement and steel manufacturing. Technological advancements in capture efficiency, energy consumption, and storage solutions are making PSCD systems more viable; however, high capital costs and the need for large-scale infrastructure continue to present challenges. Additionally, the market is benefiting from increased government incentives, corporate sustainability commitments, and public awareness, all of which are accelerating the deployment of PSCD technologies.

Looking ahead, the future of the PSCD market appears promising, with continuous innovations in cost-effective and energy-efficient carbon capture technologies expected to drive wider adoption. The development of modular and scalable PSCD solutions will enable smaller industrial facilities to implement carbon capture more affordably. Furthermore, as carbon utilization technologies advance, captured CO₂ can be repurposed for applications such as enhanced oil recovery (EOR), synthetic fuels, and concrete production, creating additional revenue streams for industries. The expansion of carbon capture infrastructure, including CO₂ transport and storage facilities, will play a crucial role in overcoming existing logistical barriers. Moreover, the increasing push for net-zero emissions by 2050, along with global climate agreements, will further drive investments in PSCD systems. Despite current restraints, the PSCD market is expected to expand significantly over the next decade, with growing adoption across both established industrial sectors and emerging markets looking to transition to low-carbon economies.

This report aims to provide a comprehensive presentation of the global market for Point Source Carbon Capture Device (PSCD), focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Point Source Carbon Capture Device (PSCD) by region & country, by Type, and by Application.

The Point Source Carbon Capture Device (PSCD) market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Point Source Carbon Capture Device (PSCD).

Market Segmentation

By Company

• Exxon Mobil
• Aker Solutions (SLB)
• Mitsubishi Heavy Industries, Ltd.
• BASF
• General Electric
• Siemens AG
• Equinor
• Linde PLC
• Huaneng
• Halliburton
• Honeywell UOP
• Sinopec
• Shell
• Sulzer
• JX Nippon (ENEOS)
• Carbonfree
• Fluor Corporation

Segment by Type

• Pre-Combustion Carbon Capture
• Oxy-Combustion Carbon Capture
• Post-Combustion Carbon Capture

Segment by Application

• Oil & Gas
• Power Generation
• Others

Segment by Region

• North America: United States, Canada, and Mexico
• Europe: United Kingdom, Germany, France, Spain, Italy, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, and Rest of Asia Pacific
• Middle East & Africa: Saudi Arabia, South Africa, and Rest of MEA
• Latin America: Brazil, Argentina, and Rest of Latin America

*If you need a regional or country-specific version, or customized segmentation, we can tailor the report to your requirements.