The global Direct Air Capture market reached approximately USD 1.007 billion in 2024 and is on a rapid growth trajectory. Analysts project it soaring to around USD 120.8 billion by 2034, with a compound annual growth rate CAGR of about 61.4%.DAC technology works by pulling CO₂ directly from the ambient air. Once captured, the CO₂ can either be securely stored underground or repurposed for industrial uses like synthetic fuels, chemicals, construction materials, or beverage carbonation.
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