Carbon Capture Utilization and Storage

Carbon Capture Utilization and Storage Market Outlook

The global Carbon Capture Utilization and Storage (CCUS) market is currently valued at approximately $8.2 billion and is projected to grow at a compound annual growth rate (CAGR) of around 18.6% from 2025 to 2035. This growth trajectory is driven by a combination of increasing regulatory pressure on emissions reduction, rising global temperatures prompting urgent action against climate change, and significant investments in energy transition technologies. Furthermore, the growing awareness among industries regarding sustainable practices, coupled with advancements in carbon capture technologies, is promoting the adoption of CCUS solutions. Additionally, the rising demand for carbon credits and other environmental compliance measures is steering market growth, making CCUS an integral aspect of many corporate sustainability strategies.

Growth Factor of the Market

The growth factors for the Carbon Capture Utilization and Storage market are numerous and complex, stemming from both technological advancements and regulatory frameworks. First, the push from governments worldwide to achieve net-zero emissions by mid-century has led to increased funding and support for CCUS projects. This is further bolstered by initiatives like the Paris Agreement, which aim to limit global warming and necessitate immediate action from heavy-polluting industries. In addition, the availability of innovative technologies, such as advanced sorbent materials and more efficient capture processes, has made CCUS more viable and cost-effective than ever. As industries seek to decarbonize their operations, the potential for utilizing captured carbon in practical applications such as enhanced oil recovery (EOR) and production of synthetic fuels creates additional demand. Furthermore, the growing collaboration between private and public sectors is essential for the scaling of CCUS projects, making it a critical component in achieving climate goals.

Key Highlights of the Market

• The CCUS market is poised to witness significant growth driven by stringent emission regulations.
• Technological advancements in capture and storage methods are enhancing efficiency and cost-effectiveness.
• Oil & gas and power generation industries are the largest end-users of CCUS technologies.
• Geological storage remains the predominant storage type, although mineralization is gaining traction.
• Collaborations between governmental bodies and private enterprises are increasing to facilitate project funding.

By Technology

Pre-Combustion Capture:

Pre-combustion capture technology is primarily utilized in integrated gasification combined cycle (IGCC) systems, where fossil fuels are converted into hydrogen and carbon dioxide before combustion. This method allows for a significant reduction in CO2 emissions as the carbon is captured before it enters the combustion process. The increasing adoption of hydrogen as a clean fuel source is further driving the demand for pre-combustion capture technologies. Moreover, advancements in membrane separation and chemical absorption techniques are enhancing the efficiency of this capture method. Industries focusing on clean hydrogen production, such as refining and ammonia synthesis, are likely to be major end-users, contributing to the growth of this segment.

Post-Combustion Capture:

Post-combustion capture is one of the most established technologies in the CCUS market, which involves capturing CO2 after the fossil fuels have been burned. This approach is particularly advantageous for existing power plants and industrial facilities, as it can be retrofitted into current operations with relative ease. The technology primarily employs chemical absorption using solvents like amines to separate CO2 from flue gases. As stringent regulations regarding emissions continue to evolve, many industries are exploring post-combustion capture as a feasible solution to comply with environmental mandates. The ability to implement this technology across various sectors, including power generation and cement manufacturing, makes it a vital component of future emissions reduction strategies.

Oxy-Fuel Combustion Capture:

Oxy-fuel combustion capture technology uses pure oxygen instead of air for combustion, resulting in a flue gas that contains primarily CO2 and water vapor, which can be easily separated. This method has garnered attention due to its potential for high capture rates and lower energy requirements compared to conventional combustion processes. Applications in the power generation industry are expected to drive growth, as this technology can significantly reduce emissions while maintaining efficiency. However, the high capital costs associated with the implementation of oxy-fuel combustion systems can be a barrier to adoption, necessitating further innovations to reduce expenses and enhance feasibility for widespread use.

Chemical Looping Combustion Capture:

Chemical looping combustion (CLC) is an emerging technology that involves the use of metal oxides to facilitate combustion while inherently capturing CO2. This process provides a unique opportunity to achieve high efficiency and low emissions simultaneously. By recycling metal oxides in a continuous loop, CLC systems separate carbon dioxide from other gases, eliminating the need for additional capture technologies. While still in the developmental stage, CLC is gaining interest due to its lower energy penalties and the potential for integration with renewable energy sources. As research and pilot projects continue to evolve, this technology could provide an innovative solution to large-scale carbon management in the future.

Others:

This category encompasses various emerging and experimental technologies aimed at carbon capture, including bioenergy with carbon capture and storage (BECCS) and direct air capture (DAC). BECCS integrates biomass energy production with carbon capture, thereby creating a negative emissions scenario when biomass is grown sustainably. Meanwhile, DAC technologies focus on extracting CO2 directly from ambient air, which can be particularly beneficial in achieving climate goals in areas where emissions reductions are difficult to attain. As climate change mitigation efforts intensify, investment in these alternative technologies is anticipated to rise, with a future potential to play a significant role in the overall CCUS landscape.

By Application

Oil & Gas:

Within the CCUS sector, the oil and gas industry stands out as a primary application area due to the significant quantities of CO2 emissions generated during extraction and processing. This sector has actively adopted carbon capture technologies for enhanced oil recovery (EOR), where captured CO2 is injected into oil reservoirs to increase production rates. This not only helps in managing emissions but also enhances the economic viability of oil extraction. The shift towards sustainable practices has led to increased investments in CCUS technologies from oil companies, driven by the dual need for compliance with environmental regulations and the desire to maintain competitiveness in a transitioning energy landscape.

Power Generation:

The power generation industry is one of the largest sources of CO2 emissions globally, leading to a strong focus on CCUS technologies to mitigate environmental impact. Both traditional coal-fired and natural gas-fired power plants are increasingly implementing carbon capture systems to meet stringent emission standards. The implementation of these technologies not only aids in compliance but also positions power producers favorably as society transitions to a low-carbon economy. As renewable energy sources gain traction, integrating CCUS into hybrid systems that combine fossil fuels with renewables is anticipated to optimize energy production while significantly reducing emissions.

Industrial:

The industrial sector, including cement, steel, and chemical manufacturing, is a significant contributor to global CO2 emissions, prompting the adoption of CCUS technologies to facilitate emissions reduction. Industries are actively seeking efficient carbon capture technologies that can be integrated into existing processes with minimal disruption. The high-temperature processes in industries like cement manufacturing offer unique opportunities for implementing advanced capture technologies, such as oxy-fuel combustion and calcium looping. As public and governmental pressure mounts for industries to reduce their carbon footprint, the demand for effective carbon capture solutions within this sector is expected to grow substantially.

Others:

This segment includes various additional applications of carbon capture technologies in sectors such as waste-to-energy and transportation. Waste-to-energy facilities, for example, generate electricity through the combustion of waste materials, presenting opportunities to integrate carbon capture technologies to mitigate emissions. Similarly, in the transportation sector, the development of low-carbon fuels and the use of CCUS in hydrogen production are gaining attention. As the focus on sustainable practices intensifies across various industries, the demand for CCUS technologies in these applications is expected to see notable growth over the coming years.

By Use Industry

Chemicals:

The chemical industry is a major emitter of CO2, making it a key focus area for carbon capture initiatives. With a growing emphasis on sustainability and reducing carbon emissions, many chemical manufacturers are investing in CCUS technologies to capture emissions generated during production processes. These technologies not only enable compliance with stringent environmental regulations but also facilitate the production of low-carbon products, enhancing competitiveness in a rapidly evolving market. Additionally, captured CO2 can be repurposed for various applications within the chemical sector, such as producing urea or methanol, which further drives interest in carbon capture solutions among chemical producers.

Food & Beverage:

The food and beverage industry is increasingly adopting CCUS technologies as part of its commitment to sustainability and reducing greenhouse gas emissions. Carbon emissions from processing and packaging can be mitigated through the implementation of carbon capture systems, which can help companies meet their sustainability targets. As consumer awareness of environmental issues rises, companies are seeking to enhance their brand image by reducing their carbon footprint. The ability to utilize captured CO2 in carbonation processes or for the creation of carbonated beverages adds an additional layer of value, making CCUS an attractive option for the food and beverage sector.

Agriculture:

In agriculture, carbon capture technologies can play a significant role in improving sustainability and reducing emissions associated with farming practices. While the direct application of CCUS within agriculture is still developing, the concept of soil carbon sequestration represents a vital opportunity for the sector. Implementing practices such as conservation tillage, cover cropping, and agroforestry can enhance soil health and increase organic carbon storage. As global food production faces pressures from climate change, adopting CCUS strategies to mitigate emissions while improving soil quality is expected to gain traction within the industry, contributing to the overall CCUS market growth.

Others:

This category includes various additional industries that are beginning to explore the potential of CCUS technologies. Industries such as construction, textiles, and mining are recognizing the importance of emissions reduction and are investigating options for carbon capture. For example, in construction, the integration of CCUS can facilitate sustainable practices in cement production and help achieve net-zero targets. The increasing focus on sustainability across diverse sectors, coupled with technological advancements, is expected to drive the interest and implementation of carbon capture solutions in these various applications, thereby expanding the CCUS market.

By Storage Type

Geological Storage:

Geological storage is currently the most widely utilized method for storing captured CO2, involving the injection of CO2 into deep geological formations where it can be securely trapped. This technique offers a stable and long-term solution for CO2 emissions management, with numerous suitable sites available in regions that have depleted oil and gas fields, saline aquifers, and coal seams. The geological storage segment is expected to dominate the CCUS market due to the extensive experience gained from existing projects and the favorable regulatory frameworks supporting its development. As pressure to achieve net-zero emissions intensifies, the demand for geological storage solutions will likely continue to grow, solidifying its position in the market.

Ocean Storage:

Ocean storage is an emerging concept that involves sequestering captured CO2 in the deep ocean, where it can potentially remain for centuries. While still a developing technology, proponents argue that ocean storage could offer a significant long-term solution to managing CO2 emissions. However, challenges such as environmental impacts, regulatory hurdles, and public acceptance must be addressed before large-scale implementation can occur. As research continues to explore the viability and safety of ocean storage, it may play a role in comprehensive carbon management strategies in the future, although geological storage remains more established for the time being.

Mineralization:

Mineralization refers to the process of converting captured CO2 into stable minerals through chemical reactions, effectively locking it away permanently. This method has garnered attention as a potentially sustainable solution to carbon capture, as it not only sequesters CO2 but also produces valuable materials such as building aggregates and construction materials. The mineralization of CO2 is still in the experimental phase, but ongoing R&D efforts are focused on scaling up the technology for commercial applications. As industries increasingly seek innovative ways to balance emissions with sustainable practices, mineralization may emerge as a viable storage option within the broader CCUS landscape.

Soil Carbon Sequestration:

Soil carbon sequestration involves capturing and storing CO2 in the soil through agricultural practices that enhance soil organic matter. This technique is gaining traction, as it provides a dual benefit of improving soil health while mitigating emissions. Practices such as conservation tillage, cover cropping, and agroforestry can significantly increase the amount of carbon stored in the soil. This method not only contributes to emissions reduction but also aligns with agricultural sustainability goals, making it an attractive option for farmers and policymakers alike. As the agricultural sector continues to recognize its role in climate change mitigation, soil carbon sequestration is expected to see increased adoption and investment.

Others:

This category encompasses various alternative storage methods, such as biochar and underground storage in abandoned mines. Biochar refers to a form of charcoal produced from biomass that can be used as a soil amendment, sequestering carbon while enhancing soil fertility. Similarly, abandoned mines present opportunities for underground storage of CO2, capitalizing on existing infrastructure. While these methods are still in the nascent stages of development, they highlight the innovative approaches being explored to complement traditional storage solutions. As the CCUS market evolves, these alternative storage methods may contribute to a more diverse portfolio of carbon management strategies.

By Region

The regional dynamics of the Carbon Capture Utilization and Storage market reveal diverse trends and growth patterns, influenced by local regulations, economic conditions, and industrial activities. In North America, the CCUS market is expected to experience robust growth, driven by significant investments in technology development and favorable policies promoting carbon capture initiatives. The region is projected to dominate the market, with a valuation anticipated to reach approximately $4.2 billion by 2035, representing a CAGR of about 20% during the forecast period. Furthermore, extensive experience with geological storage and a strong focus on emissions reduction in the oil and gas sector solidify North America’s leading position in the CCUS landscape.

In Europe, the market is also gaining momentum, propelled by stringent climate targets and a commitment to achieving net-zero emissions by 2050. The European Union has established ambitious goals and funding programs to support CCUS projects, creating a conducive environment for growth. The European CCUS market is projected to reach around $2.6 billion by 2035, with a CAGR of approximately 15% from 2025 to 2035. Key industries, such as chemicals and power generation, are actively investing in carbon capture technologies, further driving the adoption of CCUS solutions across the continent. Meanwhile, other regions, such as Asia Pacific and Latin America, are gradually recognizing the potential of CCUS, albeit with slower growth rates and varying degrees of investment.

Opportunities

The Carbon Capture Utilization and Storage market presents numerous opportunities for stakeholders across various sectors eager to embrace sustainable practices. One of the most significant opportunities lies in the collaboration between the private and public sectors. Governments around the world are increasingly offering incentives, grants, and favorable regulatory frameworks to encourage investments in CCUS technologies. By forming partnerships with governmental agencies and research institutions, private companies can leverage financial support to develop and implement innovative carbon capture solutions. Such collaborations not only enhance the feasibility of CCUS projects but also foster knowledge-sharing and technological advancements that can further accelerate the adoption of these critical technologies.

Additionally, the growing demand for low-carbon products and services offers lucrative opportunities for companies operating in the CCUS space. As consumers become more environmentally conscious, there is an increasing appetite for sustainable products, driving industries to seek innovative ways to reduce their carbon footprints. This shift presents a unique chance for companies that can effectively integrate carbon capture solutions into their operations to differentiate themselves in the market. For instance, industries like cement and chemicals are exploring the use of captured CO2 as a feedstock for producing low-carbon materials, thereby aligning their business strategies with sustainability goals and meeting the evolving demands of consumers. The convergence of market demand for sustainability and technological advancements in carbon capture creates a robust landscape for growth and innovation.

Threats

The Carbon Capture Utilization and Storage market faces several threats that could hinder its progress and adoption. One major challenge is the high capital and operational costs associated with implementing CCUS technologies. While advancements are being made to improve efficiency and reduce expenses, the initial investment required for carbon capture systems can be a significant barrier for many industries. This challenge is particularly evident in developing regions where funding availability is limited, and industries may prioritize more immediate operational concerns over long-term sustainability investments. The financial implications of deploying CCUS technologies can deter businesses from pursuing these solutions, ultimately impacting the market's growth potential.

Furthermore, public perception and acceptance of CCUS technologies can pose a threat to their proliferation. Concerns regarding the safety of geological storage and potential environmental impacts have led to skepticism among some stakeholders and the public. This apprehension can result in regulatory delays and opposition to proposed CCUS projects, significantly affecting their implementation timelines. To mitigate this threat, it is crucial for industry players to engage with local communities, communicate the benefits of CCUS, and provide transparent information regarding safety measures and environmental assessments. Overcoming these challenges will be essential for the CCUS market to achieve its full potential and contribute to global emissions reduction efforts.

Competitor Outlook

• Shell
• ExxonMobil
• BP
• Equinor
• Chevron
• Siemens
• Climeworks
• Carbon Clean Solutions
• Global CCS Institute
• Occidental Petroleum
• Net Power
• Air Products and Chemicals
• University of Texas at Austin
• CarbonCure Technologies
• TotalEnergies

The competitive landscape of the Carbon Capture Utilization and Storage market is characterized by a diverse array of players ranging from large multinational corporations to innovative startups. Major oil and gas companies, such as Shell and ExxonMobil, are at the forefront of integrating CCUS technologies within their operations, driven by the need to comply with increasingly stringent emissions regulations and public expectations. These companies leverage their extensive resources and expertise in energy systems to develop and implement large-scale carbon capture projects, often partnering with governmental entities to enhance feasibility and accelerate progress. Additionally, traditional energy firms are diversifying their portfolios by investing in renewable energy and carbon management technologies to remain competitive in a changing energy landscape.

Alongside established corporations, a growing number of startups and smaller companies are emerging in the CCUS sector, focusing on innovative technologies and unique applications. Firms like Climeworks and Carbon Clean Solutions are developing cutting-edge solutions for direct air capture and modular carbon capture systems, addressing the rising demand for effective carbon management strategies. These companies often emphasize agility and technological innovation, positioning themselves to capture market opportunities in niche segments of the CCUS landscape. The collaboration between established players and emerging companies fosters an environment of innovation, ultimately benefiting the entire sector by advancing technology and lowering costs for carbon capture solutions.

As the CCUS market continues to evolve, key players will likely focus on strategic partnerships, research and development, and scaling technologies to meet the growing demand for carbon capture solutions. Companies such as TotalEnergies and Air Products and Chemicals are also making significant investments in CCUS projects and collaborating with academic institutions to drive innovation. The competitive race for leadership in the CCUS space will hinge on a company’s ability to demonstrate technological advancements, cost-effectiveness, and environmental benefits while navigating regulatory landscapes and public perceptions. Overall, the CCUS market is set for robust growth, driven by the combined efforts of established corporations and emerging innovators striving to address the pressing challenge of climate change.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 BP
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Shell
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Chevron
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Equinor
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Siemens
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Net Power
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Climeworks
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 ExxonMobil
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 TotalEnergies
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Global CCS Institute
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Occidental Petroleum
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Carbon Clean Solutions
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 CarbonCure Technologies
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Air Products and Chemicals
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 University of Texas at Austin
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Carbon Capture Utilization and Storage Market, By Technology
    • 6.1.1 Pre-Combustion Capture
    • 6.1.2 Post-Combustion Capture
    • 6.1.3 Oxy-Fuel Combustion Capture
    • 6.1.4 Chemical Looping Combustion Capture
    • 6.1.5 Others
  • 6.2 Carbon Capture Utilization and Storage Market, By Application
    • 6.2.1 Oil & Gas
    • 6.2.2 Power Generation
    • 6.2.3 Industrial
    • 6.2.4 Others
  • 6.3 Carbon Capture Utilization and Storage Market, By Storage Type
    • 6.3.1 Geological Storage
    • 6.3.2 Ocean Storage
    • 6.3.3 Mineralization
    • 6.3.4 Soil Carbon Sequestration
    • 6.3.5 Others
  • 6.4 Carbon Capture Utilization and Storage Market, By Use Industry
    • 6.4.1 Chemicals
    • 6.4.2 Food & Beverage
    • 6.4.3 Agriculture
    • 6.4.4 Others

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Carbon Capture Utilization and Storage Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Carbon Capture Utilization and Storage market is categorized based on

By Technology

• Pre-Combustion Capture
• Post-Combustion Capture
• Oxy-Fuel Combustion Capture
• Chemical Looping Combustion Capture
• Others

By Application

• Oil & Gas
• Power Generation
• Industrial
• Others

By Use Industry

• Chemicals
• Food & Beverage
• Agriculture
• Others

By Storage Type

• Geological Storage
• Ocean Storage
• Mineralization
• Soil Carbon Sequestration
• Others

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Shell
• ExxonMobil
• BP
• Equinor
• Chevron
• Siemens
• Climeworks
• Carbon Clean Solutions
• Global CCS Institute
• Occidental Petroleum
• Net Power
• Air Products and Chemicals
• University of Texas at Austin
• CarbonCure Technologies
• TotalEnergies