BOSTON , April 25, 2024 /PRNewswire/ — IDTechEx, a trusted provider of independent market information, announces the availability of a new report, “Carbon Dioxide Removal (CDR) 2024-2044: Technologies, Players, Carbon Credit Markets, and Forecasts.”
It is becoming increasingly clear that removing carbon dioxide (CO₂) from the atmosphere will be necessary to prevent global warming above 1.5-2°C. Estimates vary, but climate scenarios indicate that it will be nearly impossible to meet the Paris Agreement targets without using carbon dioxide removal (CDR) solutions. This leads to more attention from researchers, governments, investors, entrepreneurs and various companies with ambitious climate goals.
This new carbon dioxide removal report from IDTechEx provides these interested parties with a comprehensive overview of the emerging CDR industry and carbon credit markets, with in-depth analysis of the technological, economic, regulatory and environmental aspects shaping this market.
The report provides a detailed forecast through 2044 for the deployment of nine NET categories (DACCS, BECCS, biochar, biomass burial, direct ocean capture, ocean alkalinity enhancement, seaweed sinking, enhanced rock weathering, and carbonation of minerals), in addition to exclusive unbiased analyses. and interview-based company profiles.
Some of the key questions answered in this report include:
- What are the requirements (energy, land, water, raw materials, supply chain) for deploying CDR methods?
- What is the climate impact of implementing CDR on a large scale?
- What gaps (technological, regulatory, business model) need to be addressed to enable each NET?
- What is the status of CDR within compliance markets and voluntary carbon credit markets and what is its market potential?
- What are the key drivers and barriers to the growth of the CDR market?
- How much do CDR solutions cost today and could they cost in the future?
- Who are the key players in the CDR space?
- What will it take to further develop the CDR sector?
“Carbon Dioxide Removal (CDR) 2024-2044: Technologies, Players, Carbon Credit Markets and Forecasts” covers the following key aspects:
Carbon Dioxide Removal Technology and Market Analysis:
- Data and context about each type of NET (negative emissions technology).
- Analysis of the challenges and opportunities in emerging carbon credit markets for CDR (carbon dioxide removal).
- State of the art and innovation in this field.
- Detailed overview of CDR technologies: land-based, mineralization-based, ocean-based, DACCS (direct air carbon capture with storage) and BiCRS (biomass with carbon capture and storage).
- Market potential (both voluntary and compliance) of CDR carbon offsets.
- Key strategies for scaling CDR technologies in the long term.
- The economics of scaling CDR operations.
- Assessment of the requirements (infrastructure, energy, supply chain, etc.) for inclusion in the CDR market.
- Potential for climate benefits from key CDR solutions.
- Benchmarking based on factors such as Technology Readiness Level (TRL), costs and scale potential.
- Major regulations and policies impacting the CDR market.
Analysis and trends of carbon dioxide removal players:
- Primary information from key CDR-related companies.
- Analysis of the latest developments of CDR players, observation of announced projects, financing, trends, partnerships and key patents.
Carbon Dioxide Removal Market Forecasts and Analysis:
- Detailed market forecasts to 2044 for sustainable, technical CDR solutions, divided into nine technology areas.
The main contents of this report include:
- Management summary
- Introduction
– Introduction and general analysis
– Carbon credit markets and the status of CDR
credits - Direct Air Carbon Capture and Storage (DACCS)
– Introduction to direct air capture (DAC)
-DAC
technologies
-DAC businesses
-DAC
challenges
-DAC economy - Biomass with Carbon Removal and Storage (BiCRS)
– Introduction
– Bioenergy with carbon capture and storage (BECCS)
– Biochar
– Emerging BiCRS solutions - Afforestation/reforestation
- Carbon storage in the soil
- Mineralization-based CDR
- Removal of carbon dioxide from the ocean
– Introduction
– Ocean-based CDR: abiotic methods
– Ocean-based CDR: biotic methods - CDR market forecasts
- List of company profiles
For more information about this report, including downloadable sample pages, visit www.IDTechEx.com/CDR.
IDTechEx reports provide a detailed assessment of a technology and its applications, based on primary and secondary research conducted by technical analysts, giving you the complete picture. These high-quality, unbiased studies are examined on a global level.
About IDTechEx
IDTechEx provides reliable, independent research into emerging technologies and their markets. Since 1999, we’ve been helping our clients understand new technologies, their supply chains, market requirements, opportunities and forecasts. For more information, contact research@IDTechEx.com or visit www.IDTechEx.com.
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