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Direct Air Capture Device Market Growing at 76.8% CAGR | Surging Demand in Energy, Food & Greenhouse Applications | Valuates Reports

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BANGALORE, India, May 23, 2025 /PRNewswire/ — Direct Air Capture Device Market is Segmented by Type (Liquid Adsorption, Solid Adsorption), by Application (Food and Beverage, Greenhouse, Energy, Fuel).

The Global Direct Air Capture Device market was valued at USD 25.9 Million in 2024 and is anticipated to reach USD 1340 Million by 2031, witnessing a CAGR of 76.8% during the forecast period 2024-2031.

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Major Factors Driving the Growth of Direct Air Capture Device Market:

The global direct air capture device market is experiencing accelerated growth due to increasing pressure to achieve net-zero targets and offset residual emissions. With the convergence of policy support, technological innovation, and corporate responsibility, DAC devices are becoming central to climate mitigation strategies. Investment in R&D, integration with CCS and renewable energy, and expanding carbon markets are collectively fostering a robust ecosystem for DAC deployment. As adoption spreads across industries and regions, the market is expected to evolve rapidly, with scalability and cost reduction playing pivotal roles in determining future growth trajectories.

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TRENDS INFLUENCING THE GROWTH OF THE DIRECT AIR CAPTURE DEVICE MARKET:

The automotive industry is significantly contributing to the growth of the direct air capture (DAC) device market due to its role as a primary source of carbon emissions. As global regulatory bodies enforce stricter emission norms on vehicle manufacturers, there is a growing demand for innovative carbon offset technologies like DAC systems. Automakers are increasingly investing in carbon removal projects to achieve net-zero emissions and offset the environmental footprint of internal combustion engines. Additionally, the transition towards electric vehicles does not immediately eliminate supply chain emissions, which further fuels the adoption of DAC technologies. These devices are also being integrated into sustainable vehicle lifecycle models, providing a practical pathway for automotive companies to contribute to climate goals while enhancing brand value.

The synergy between Carbon Capture and Storage (CCS) infrastructure and direct air capture (DAC) devices plays a critical role in market expansion. CCS facilities provide a viable end-use solution for the captured CO₂ from DAC systems, enabling long-term geological storage or utilization in industrial processes. The growth of CCS networks in regions like North America and Europe makes it economically feasible to deploy DAC devices at scale, reducing logistical challenges related to CO₂ storage. Additionally, many government-backed CCS projects include DAC as part of integrated carbon management frameworks, leading to increased public and private funding for DAC technologies. As CCS adoption accelerates, it directly enhances the commercial and environmental viability of DAC, positioning it as a key component of decarbonization roadmaps across various industries.

Liquid adsorption is a fundamental mechanism in many DAC devices, and its refinement is driving the broader market growth. This technique leverages specialized solvents to selectively capture CO₂ molecules from ambient air, offering higher efficiency and lower energy requirements compared to other methods. The scalability and modularity of liquid-based DAC systems make them suitable for diverse applications, from industrial settings to urban carbon capture projects. Continuous advancements in solvent chemistry are also improving carbon capture rates and reducing operational costs, making liquid adsorption more attractive to commercial stakeholders. Furthermore, liquid systems integrate seamlessly with downstream carbon utilization processes, enhancing the circular economy potential of DAC technologies and driving investments in this segment.

A surge in corporate pledges to achieve net-zero emissions is boosting demand for DAC devices. Multinational corporations in sectors such as tech, retail, and manufacturing are seeking reliable methods to counterbalance their residual carbon footprints. DAC devices offer a measurable and verifiable solution for carbon removal, which aligns with Environmental, Social, and Governance (ESG) reporting metrics. These commitments are pushing companies to invest in DAC projects or partner with startups and technology providers. As investors and consumers pressure firms to demonstrate environmental accountability, DAC emerges as a preferred tool in long-term sustainability strategies, fueling consistent market demand.

Government incentives and regulatory frameworks are crucial in propelling the DAC device market forward. Policy instruments such as carbon pricing, tax credits, and public funding for negative emission technologies are creating favorable conditions for DAC deployment. For instance, initiatives like the U.S. 45Q tax credit and the EU Innovation Fund specifically support DAC-related projects. These programs reduce financial barriers and encourage pilot projects and commercial-scale implementations. In addition, climate policies increasingly recognize DAC as an essential element of national emission reduction strategies, prompting both private and public sectors to collaborate in deploying scalable DAC solutions.

Industries with hard-to-abate emissions, such as cement, steel, and aviation, are adopting DAC devices to meet decarbonization targets. These sectors often face limited options for direct emission reduction, making DAC a strategic alternative. Co-locating DAC systems near industrial plants allows for localized carbon offsetting and enhances operational sustainability. Moreover, integrating DAC with carbon utilization processes—like synthetic fuel production—opens up additional revenue streams. This industrial application is reinforcing DAC’s role in comprehensive decarbonization strategies and generating demand from sectors with high carbon liabilities.

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DIRECT AIR CAPTURE DEVICE MARKET SHARE

The direct air capture device market shows prominent growth across North America, Europe, and parts of Asia-Pacific. North America leads due to strong policy incentives, large-scale pilot projects, and the presence of key market players. Europe follows closely, driven by ambitious climate targets and public-private partnerships promoting carbon removal.

The Asia-Pacific region, particularly countries like Japan and South Korea, is beginning to invest in DAC technologies as part of long-term emission control strategies. Regional market dynamics are also shaped by the availability of renewable energy, CCS infrastructure, and public awareness of climate issues, which influence adoption rates.

Key Companies:

CarbonCapture IncCarbon EngineeringGlobal ThermostatClimeworksSustaeraHeirloomCarbfixMission ZeroAirCapture LLC

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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!

–          Passive Direct Air Capture Market

–          The global market for Large-scale Direct Air Capture (DACS) Facilities was valued at USD 355 Million in the year 2023 and is projected to reach a revised size of USD 801 Million by 2030, growing at a CAGR of 11.1% during the forecast period.

–          The global market for Membrane-Based Direct Air Capture Technology was valued at USD 32 Million in the year 2024 and is projected to reach a revised size of USD 112 Million by 2031, growing at a CAGR of 11.6% during the forecast period.

–          Direct Air Capture and Storage Technology Market

–          The global Direct Air Capture Machines market was valued at USD 15 Million in 2023 and is anticipated to reach USD 468.2 Million by 2030, witnessing a CAGR of 76.8% during the forecast period 2024-2030.

–          Direct Air Carbon Capture and Storage (DACCS) Market

–          The global market for Carbon Capture was estimated to be worth USD 4.41 billion in 2023 and is forecast to a readjusted size of USD 6.89 Billion by 2030 with a CAGR of 6.6% during the forecast period 2024-2030.

–          Commercial Carbon Capture market was valued at USD 1265 Million in 2023 and is anticipated to reach USD 2552 Million by 2030, witnessing a CAGR of 10.3% during the forecast period 2024-2030.

–          Industrial Scale Carbon Capture Market

–          The global market for Carbon Capture Blowers was valued at USD 647 Million in the year 2024 and is projected to reach a revised size of USD 918 Million by 2031, growing at a CAGR of 5.6% during the forecast period.

–          Stationary Carbon Capture Unit Market

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Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.

Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that’s why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources.

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CasinoPartiesLLC.com Expands Premier Casino Party Rentals in Manhattan, NY — Authentic Tables, Professional Dealers, Custom Packages for Corporate & Private Events

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Top-rated Manhattan casino party rental company offers fully staffed blackjack, roulette and craps experiences to elevate corporate events, weddings and private parties across New York City

MANHATTAN, N.Y., May 2, 2026 /PRNewswire-PRWeb/ — CasinoPartiesLLC.com, a leading provider of casino party rentals in Manhattan, NY, today announced expanded availability and new customizable event packages for corporate events, private parties, fundraisers and weddings throughout New York City. With authentic casino tables, professional and entertaining dealers, premium play-money chips and signage, CasinoPartiesLLC.com delivers a turnkey casino entertainment experience that brings the excitement of Las Vegas to Manhattan venues.

“CasinoPartiesLLC.com delivers authentic casino table rentals and professional dealers throughout Manhattan, NY — offering turnkey, customizable packages that transform corporate events, weddings and fundraisers into high‑energy, engaging experiences across Midtown, Chelsea and the Upper East Side.”

Focused on delivering safe, legal and memorable experiences, CasinoPartiesLLC.com offers:

Casino table rentals: blackjack, roulette, craps, poker tables sized for intimate and large gatheringsProfessional dealers and croupiers trained in guest interaction and game managementFully customizable packages: themed décor, tournament-style play, prize support, and multi-table setupsPortable, all-inclusive service: setup, teardown, on-site management, and event coordinationService across Manhattan neighborhoods and greater NYC, including Midtown, Upper East Side, Chelsea, and downtown venues

“Our Manhattan clients want authentic casino entertainment without the hassle of sourcing equipment or personnel,” said Ismael Qureshi, CEO of CasinoPartiesLLC.com. “We specialize in seamless casino party rentals in Manhattan, NY, providing professional dealers and tailored packages that fit corporate budgets and private event needs while complying with local regulations.”

Benefits for Manhattan event planners and hosts:

Boost guest engagement with interactive casino entertainmentEasy logistics with single-vendor solutions for gaming, staffing and prize handlingScalable options for small private parties to large corporate galasProven experience executing events in Manhattan hotels, event spaces and private residences

Booking and availability:

CasinoPartiesLLC.com is currently accepting bookings for summer and fall events across Manhattan and greater New York City. Early reservations are recommended to secure preferred dates, table counts and themed packages.

About CasinoPartiesLLC.com:

CasinoPartiesLLC.com is a premier provider of casino party rentals in Manhattan, NY and the New York City area. Specializing in staffed casino tables, custom event packages and professional service, CasinoPartiesLLC.com helps event planners and hosts create high-energy, memorable experiences for corporate functions, weddings, fundraisers and private celebrations. For more information or to request a quote, visit https://www.CasinoPartiesLLC.com.

Media contact:

Ismael Qureshi

President

CasinoPartiesLLC.com

Phone: (917) 829-8481

Email: Sales@casinopartiesLLC.com

Website: https://www.CasinoPartiesLLC.com

Media Contact

Ismael Qureshi, ISH Events LLC, 1 (917) 829-8481, Ismael@CasinoPartiesLLC.com, CasinoPartiesLLC.com

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PS Hogan highlights investments from Spring Economic Update 2026: Canada Strong for All to support Canada’s sport system

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CALGARY, AB, May 2, 2026 /CNW/ – In Budget 2025, we outlined our plan to build Canada Strong. Since then, we have moved fast to build the major infrastructure, homes and industries that grow Canada’s economy and create lasting prosperity; empower Canadians with better careers and a more affordable life; and protect our communities, our borders and our way of life.

We delivered concrete savings for Canadians while supporting key national priorities and keeping investments focused on results. We are maintaining a strong fiscal position, with the Spring Economic Update 2026 showing that projected deficits are lower over the fiscal horizon and that we are on track to meet our fiscal anchors.

The Spring Economic Update 2026 is the next step in our plan to build Canada Strong for All. It provides a clear update on the strength of Canada’s economy, giving Canadians confidence in our plan. It delivers targeted relief to make life more affordable, support workers and accelerate the construction of homes and major infrastructure. It also strengthens Canada’s competitiveness and economic growth while investing in strong, safe communities across the country.

Today, Corey Hogan, Parliamentary Secretary to the Minister of Energy and Natural Resources and Member of Parliament for Calgary Confederation, met with athletes at Foothills Athletic Park to highlight key investments in sport from the Spring Economic Update to build stronger and safer communities.

The Government of Canada is investing $755 million to support and expand Canada’s sport system, which will help athletes safely train and perform at the highest levels. This will increase sport participation across the country by strengthening national sport organizations, infrastructure and local sport communities.

Canada’s new government is transforming our economy from reliance to resilience. The Spring Economic Update 2026 ensures all Canadians can participate in building Canada strong and share in its success. Other key measures include:

The Canada Strong Fund — Canada’s first national sovereign wealth fund. This will invest in key, strategic Canadian projects and companies. While Canadians will benefit from these nation building projects through jobs, economic growth and greater security, the government is determined to ensure that Canadians also have a stake in the projects themselves. That’s why a unique and important feature of the Canada Strong Fund will be its new retail investment product. This allows Canadians to receive financial returns as we build Canada strong together.Team Canada Strong — a new nationwide effort to recruit, train and hire 80,000 to 100,000 new skilled trade workers by 2030–31. This initiative creates new opportunities for Canadians and attracts the workers needed to build more homes and major projects at speed and at scale.Building Stronger Communities — by making communities safer, more connected and more resilient. We are building more homes, getting tougher on crime and fraud and funding essential infrastructure, including small craft harbours that sustain coastal communities and local jobs. We are also investing to build healthier, safer and stronger Indigenous communities.

Our new government is building a Canada that is not just strong, but good; not just prosperous, but fair. A Canada that is not just for some, most of the time, but for all, at all times. We’re building Canada strong, for all.

Quote

“The Spring Economic Update 2026 builds on the momentum of our budget, combining strategic investments with sustained fiscal discipline to keep building Canada Strong for All — delivering prosperity today and strengthening our economy for tomorrow. At this pivotal moment in Canada’s history, we’re charting a course through the fog of uncertainty and global headwinds with strength, determination and ambition — and building one strong Canadian economy, by Canadians, for Canadians.”
— The Honourable François-Philippe Champagne, Minister of Finance and National Revenue 

“The Government of Canada is building Canada Strong by investing in what brings us together — our people, our communities and our athletes. By strengthening the foundation of Calgary and  Canada’s sport system, we are building a resilient economy and strong communities for all.”
— Corey Hogan, Parliamentary Secretary to the Minister of Energy and Natural Resources and Member of Parliament for Calgary Confederation

Quick Facts

The Spring Economic Update 2026 proposes to provide $755 million over five years, starting in 2026–27, and $118 million ongoing to Canadian Heritage to support Canada’s sport system to: Host and compete with the best: $50 million over five years to bring more world-class sporting events to Canada. Funding will be tied to legacy-building projects that deliver lasting benefits well beyond the events themselves. Facilities built or upgraded for major events will continue to serve communities, support grassroots participation and strengthen local sport systems for years to come. Support our athletes in performing at the highest levels: $45 million over five years and $8 million ongoing to help our athletes train, compete and perform, including support for better mental health and funding that will be linked to robust safe sport measures and frameworks. These actions will strengthen the sport system and respond to some of the findings of the Final Report of the Future of Sport in Canada Commission while the government continues to consider all of its Calls to Action. Get more Canadians involved in sport: $660 million over five years and $110 million ongoing for National Sport Organisations, increasing funding that has remained largely unchanged since 2005, so that they can invest in a strong and safe sport system and grow participation among children and youth nationwide.

Related products

Spring Economic Update 2026: Canada Strong for AllSpring Economic Update 2026: Key MeasuresSpring Economic Update 2026: Address by the Minister of Finance and National Revenue  

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SOURCE Natural Resources Canada

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POVADDO AND PROLEGIS ANNOUNCE STRATEGIC PARTNERSHIP TO EXPAND ACCESS TO PUBLIC POLICY PROFESSIONALS FOR OPINION RESEARCH

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Partnership connects policy professionals using Prolegis’ modernized Congressional platform with Povaddo’s exclusive paid research panel, combining forces to serve the policymaking community

ST. LOUIS and WASHINGTON, May 2, 2026 /PRNewswire/ — Povaddo, a leading provider of public opinion and policy elite research, has announced a strategic partnership with Prolegis, a nonpartisan technology platform serving thousands of policy professionals in Congress and the advocacy community. The partnership will expand the reach of the Povaddo Panel—an exclusive network of nearly 5,000 public policy professionals worldwide—while providing Prolegis users new opportunities to contribute their expertise to policy research.

Prolegis provides nonpartisan technology solutions designed to modernize Congress. Built specifically for the policymaking community, the platform serves as a natural intersection where policy professionals and issue advocacy campaigns meet, making it an ideal environment for connecting researchers with the experts shaping public policy.

Beginning this month, users of the Prolegis platform will be invited to join the Povaddo Panel and become eligible to participate in research studies tailored specifically for public policy professionals.

“There is no shortage of so-called ‘expert network’ firms, but Povaddo is setting the standard when it comes to building the most rigorous and credible network of public policy professionals in the U.S. and beyond,” said William Stewart, President of Povaddo. “What makes Prolegis the right partner is the quality and relevance of their community—these are precisely the professionals our clients most want to hear from. Prolegis users are actively engaged in policy work daily, making them ideal participants for our research studies. This partnership will meaningfully accelerate our efforts.”

“Prolegis exists to serve the policy community with tools that make their work more effective,” said Jim Gianiny, CEO of Prolegis. “Partnering with Povaddo allows our users to contribute their expertise in a new way and take part in rigorous research that helps organizations better understand the policy landscape. It’s a natural extension of what our platform already does: connecting policy professionals with the resources and opportunities that matter to their work.”

Launched in 2018, the Povaddo Panel was built to meet growing demand for research insights from individuals who shape, influence, and analyze public policy as part of their daily work. Over the past eight years, the panel has grown to nearly 5,000 public policy professionals worldwide, including over 2,000 in the United States. Many panelists are former elected officials, including former Members of Congress.

This partnership is part of a broader period of momentum for Povaddo. The company recently announced it is launching a quarterly omnibus survey among public policy professionals in the United States and Europe.

“Companies and other organizations that want to understand what public policy professionals think—whether about their brand or an issue they are facing—now have a new way of doing that. Our new omnibus survey among public policy professionals fills an important need in the research services marketplace,” said Brooke Hayes, Executive Vice President of Povaddo, who oversees the Povaddo Panel and the firm’s new omnibus research service among public policy professionals.

Additionally, Povaddo recently released select findings from its survey of public policy professionals in the U.S. and Europe regarding their attitudes towards AI. In an era when political consensus is elusive, this study finds widespread agreement within policy communities on both sides of the Atlantic that government regulation of AI should be increased.

About Povaddo: Povaddo specializes in public opinion and policy elite research. Founded in 2009, Povaddo is recognized as a trusted advisor to top-tier organizations seeking to navigate complex issues management, strategic communications, corporate reputation, and business transformation challenges. Most of the firm’s clients sit within external affairs, corporate affairs, public affairs, government affairs, regulatory affairs, scientific affairs, corporate communications, business planning and strategy. For more information, please visit www.povaddo.com.

About Prolegis: Prolegis provides nonpartisan technology solutions designed to modernize Congress. Built specifically for the policymaking community, Prolegis delivers innovative solutions, efficient tools, and engaging content, all on one easy-to-use platform. The platform serves Congressional staff, think tank scholars, and public affairs professionals, creating a unique intersection where policy expertise and advocacy meet. For more information, please visit www.prolegis.com.

Media Inquiries: William Stewart, +1 (855) 768-2336, stewart@povaddo.com

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SOURCE POVADDO LLC

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