Amine-Based Carbon Capture Market Size & Share 2025 – 2034

Amine-Based Carbon Capture Market Size

The global amine-based carbon capture market was valued at USD 656.6 million in 2024 and is set to reach USD 1.2 billion by 2034, growing at a CAGR of 6.1% from 2025 to 2034. Amine carbon capture is an important technology to reduce CO₂ emissions from industrial and power plant sources. Aqueous amines such as monoethanolamine (MEA) in the form of aqueous solution are utilized for chemically capturing CO₂ in flue gas in this technology. The trapped CO₂ is emitted during the regeneration process, and the amine solution becomes reusable. It is very effective in post-combustion applications, in which CO₂ is captured in the exhaust of fossil fuel-powered power plants.

The advancements in methyldiethanolamine (MDEA) mixtures have led to significant improvements in the sweetening of gas. The lower energy requirement for MDEA’s regeneration and the distinct removal of CO₂ with little impact on HS make it advantageous for application to natural gas streams. The addition of piperazine to MDEA and other amines was found to improve absorption and the overall performance of the process.
 

The investment growth in direct air capture methods utilizing amine-functionalized solid sorbents captures increasing effort directed at achieving balance with atmospheric CO2 levels. These mechanisms capture CO2 from air (now energetically expensive compared to point-source capture) but has the potential for a negative emissions future. RD focuses on solid amine sorbent capacity and selectivity enhancement along with lower energy expenditures for sorbent regeneration. 
 

These advances in carbon capture using amines collectively showcase the cross disciplinary approach to tackling CO2 emission reduction in numerous sectors. Further development to the investments aimed at solving the prevailing issues is needed for wider application of these solutions to mitigate climate change.
 

Amine-Based Carbon Capture Market Trends

• Policies and advancements on the regulation: Many countries across the globe are creating policies and strategies to aid the development of carbon capture technologies. The Ministry of Petroleum and Natural Gas in India is preparing a document titled 'A CCUS Roadmap for 2030' for oil and gas companies on how to incorporate CCUS.
   
• Indigenous technological innovations: Research centers are continuously developing new approaches for energy efficient carbon capture. An amine-based CO₂ capture technology with 31% less energy consumption has been developed by the Indian Institute of Technology Guwahati in association with NTPC Limited. Research is still ongoing to improve the efficiency of solvents based on amines for CO₂ capture. Work is being done to create new reactive amine solvents with higher absorption rates that require less energy for regeneration, lower, and more sustainable. Degradation of industrial grade solvents poses a challenge due to corrosion and other mechanisms.
• Environment regulations: Stricter emission control policies have been put in place by many nations all over the world in a bid to reduce climate change. The European Union for example has set legally binding goals to reduce carbon emissions by at least 55% from 1990 levels by the year 2030, which aids the usage of capture technologies, particularly amine capture policies.
   
• Financing and economic policies: To ease the adoption of carbon capture technologies, governments are introducing new financial policies. For example, Canada set a tax credit of USD 2.1 billion in 2022 for Projects related to carbon capturing and storage which helps heavily in CO₂ reduction technologies.
   
• Integration with enhanced oil recovery (EOR): Carbon dioxide captured is gradually being used in EOR processes where CO₂ is injected into oil reservoirs to increase extraction of oil. This application helps to improve oil recovery while it also serves as a commercial motivator for CO₂ capture, thus aiding the economics of amine-based capture technologies.

Impact of Tariffs

The tariffs on Chinese imports, including key chemicals and industrial equipment, will raise costs for amine-based carbon capture systems. Since China is a major supplier of amines and specialized components, these tariffs will disrupt supply chains, forcing manufacturers to either absorb higher expenses or pass them on to end-users. Many carbon capture projects rely on cost-effective Chinese materials, and increased prices could slow adoption in industries like power generation and cement production.
 

To mitigate risks, companies may seek alternative suppliers in regions like India or Southeast Asia, but shifting supply chains will lead to short-term delays and higher operational costs. Additionally, if tariffs incentivize domestic amine production, it could reduce reliance on imports but may initially drive-up prices due to limited local capacity. While these measures aim to strengthen supply chain resilience, they could hinder the near-term growth of the carbon capture market, particularly for budget-sensitive projects.
 

Amine-Based Carbon Capture Market Analysis

The amine-based carbon capture industry by type of amine is segmented into monoethanolamine, diethanolamine, methyldiethanolamine, triethanol amine and others. Monoethanolamine accounted for 38.6% of the market share in 2024.
 

• Monoethanolamine (MEA) is the most common amine applied to carbon capture based on its good reactivity towards CO₂ with the formation of stable carbamate species. Its chemical property leads to effective absorption of CO₂, and as such, MEA is best suited for application in post-combustion capture processes. As, for example, a study in the CO₂ Technology Centre Mongstad, Norway showed that using a 30-wt % MEA solution could capture about 90% CO₂ with thermal steam consumption of about 4.1 GJ per ton of captured CO₂.
   
• The carbon capturing processes can be further enhanced by the low cost of procurement and well-established operational methods available for MEA. The industrial use of MEA has contributed towards the know-how of its behaviour for different operational conditions, thus enabling the easy incorporation in the system. Furthermore, the compatibility of MEA with existing infrastructure does not require extensive changes and encourages its use in carbon capturing initiatives.
   
• Although having some benefits, MEA does pose some challenges, including solvent degradation, carbon reactor solvents, and intensive energy requirement in the regeneration processes. These are however a focus of research to overcome. For example, the study regarding the blending of nonaqueous solvents to MEA showed promising results with more than 55% reduced energy consumption compared to the traditional use of aqueous MEA solutions.
   
• The performance of MEA’s solvents in capturing CO₂ from the flue gas has been validated in a few pilot and industrial studies. With continued enhancements to its shortcomings, its capacity to obtain high capture efficiencies further captures its position as one of the foremost solvents in the carbon capture industry using amine solvents.
   

Learn more about the key segments shaping this market

Download Free PDF

Based on application, the amine-based carbon capture market is segmented into post-combustion capture, pre-combustion capture, direct air capture and others. The post-combustion capture segment held around 53.1% of the market share in 2024.

• Post-combustion capture (PCC) holds dominance in the carbon capture market owing due to its compatibility to existing fossil fuel power plants and industrial facilities. It can be retrofitted without major infrastructural changes which increases efficiency and mitigates cost.
• The popularity of monoethanolamine along with post-combustion capture is due to the maturity of amine-based solvents. Research alongside the operational exposure has optimized the solvents leading to better CO² absorption and its regeneration which also enhances the systems serving the PCC.
• The practicality of Post Combustion Capture using advanced solvents has been refined through pilot projects by Linde LLC and BASF at the National Carbon Capture Centre. Similarly numerous other initiatives exemplify the potential feasibility of wide scale capture disruption greenhouse emission gasses.
• Research focusing on the redemption of captured greenhouse gases are still in the works to solve issues revolving the degradation of solvents and energy needed to restore them. Reductions in operational costs while also increasing efficiency of silicon performance of the PCC are the goals.

U.S. amine-based carbon capture market size crossed USD 190.4 million in 2024.
 

• U.S. stands as the dominant North American market for amine-based carbon capture systems, attributing its position to its strong federal policy and funding support. In this context, the 2022 Inflation Reduction Act (IRA) improved the 45Q tax credit to USD 85 for every ton of CO2 captured and USD 60 for CO2 used in enhanced oil recovery or utilized, thus capturing industry interest to implement carbon capture technologies. In addition, the Department of Energy (DOE) has set aside USD 3.5 billion for carbon capture demonstration projects and USD 2.5 billion for large-scale development of capture and storage facilities, allowing creative and deployment solutions to thrive. At the same time, the government spends more money on these projects such as the funds allocated by DOE which fosters creativity and new solutions. 
   
• Other states add to the US initiatives and complement funding on the infrastructure side. West Virginia and other carbon capturing states were given permission by the EPA to manage their own carbon capture projects which allows them to accelerate the process of granting permits for Class VI wells. These combined factors alongside the positive policy framework make the US one of the leaders in the amine-based carbon capture system region. 
   

Amine-Based Carbon Capture Market Share

BASF SE, Carbon Clean, Fluor Corporation, GEA Group, and Koch-Glitsch dominate the amine-based carbon capture industry. These players have established a dominant position in the global market due to their adoption of new technologies, strong project execution capabilities, and relentless innovation in solvent and equipment design. BASF SE remains the market leader because of its longstanding precedence in chemical processing and proprietary solvent systems with unrivalled operational stability and high absorption efficiency.
 

Carbon Clean is rapidly gaining ground by focusing on the modular and scalable solutions designed for mid-sized emitters industrial decarbonization. Fluor Corporation is also well positioned because of the global EPC capabilities of the company and extensive application of their industrial capture subsystems in big utility operations. GEA Group and Koch-Glitsch lead with their construction specialist design in thermal separation and mass transfer technologies applied to enhance the energy performance of amine systems.
 

Amine-Based Carbon Capture Market Companies

Major players operating in the amine-based carbon capture industry are:

• BASF SE
• Carbon Clean
• Fluor Corporation
• GEA Group
• Koch-Glitsch
• Linde PLC
• Mitsubishi Heavy Industries
• Pentair 
• Shell CANSOLV
• Toshiba Energy Systems & Solutions
   

BASF SE: BASF SE continues to be one of the largest competitors through the OASE amine-based technology which is commercially used in industrial removal of CO₂. With the help of strong R&D and partnerships all over the world, the company is working to improve energy-efficient solvents and increase use in various industries. 

Carbon Clean: This company is recognized as a fast-growing innovator for the mid-sized emitters due to its CycloneCC technology. It is positioned well for scalable growth in hard-to-abate industries due to strategic partnerships with Chevron and Veolia, along with new funding rounds. 
 

Fluor Corporation: Fluor has a big chunk of the market with its Econamine FG Plus technology and engineering capabilities. It maintains market presence through cost savings as well as involvement in government-sponsored initiatives. 
 

GEA Group: GEA develops other kinds of carbon capture systems like energy-efficient heat exchangers and gas treatment systems which are required as primary appliances. Its engineering customization and sustainability-driven innovation make GEA custom fit for participating in the advancing demands of carbon capture systems. 
 

Koch-Glitsch: Koch-Glitsch offers other basic mass transfer elements with the addition of structured packings for CO₂ absorbers. Their location within Koch Industries allows faster innovations and better use in both new and retrofit projects.

Amine-Based Carbon Capture Industry News

• In June 2024, SLB and Aker Carbon Capture formed a joint venture to integrate their technology portfolios for a more effective global adoption of carbon capture technologies. The venture concentrated on decarbonizing industrials with enhanced carbon capture solutions which included amine-sorbent and sorbent technologies. 
   
• In June 2024, UK startup firm C-Capture tested a new carbon capture technology for cement, glass, and waste-to-energy manufacture. A funding of the project backs a framework that removes amines and lowers cost and environmental complexity of carbon capture.
   
• In September 2022, NTPC initiated carbon capture operations at Vindhyachal power plant in India. The plant with Carbon Clean's CDRMax technology captures 20 tonnes of CO2 per day which is then converted to methanol thus supporting industrial decarbonization.
   
• In August 2021, carbon capture research conducted by Imperial College claimed that amine-based carbon capture technologies had the potential to capture 99% of CO2 emissions at only a slight increase of cost. The study which was published in Environmental Science & Technology emphasized the promise of amine absorption in furthering industrial decarbonization. 
   
• In August 2021, Andritz started operating its first-carbon capture plant at the Voestalpine steel mill in Linz, Austria. The amine-based plant captures CO2 from flue gases to facilitate carbon circularity and neutral metal production via reintroduced CO2 in steelmaking.
   

The amine-based carbon capture market research report includes an in-depth coverage of the industry with estimates and forecast in terms of revenue in USD Million and volume in terms of Kilo Tons from 2021–2034 for the following segments:

Click here to Buy Section of this Report

Market, By Types of Amines

• Monoethanolamine
• Diethanolamine
• Methyldiethanolamine
• Triethanol amine
• Others

Market, By Application

• Post-combustion capture
• Pre-combustion capture
• Direct air capture
• Others

The above information is provided for the following regions and countries:

• North America 
  • U.S.
  • Canada
• Europe 
  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Netherlands
• Asia Pacific 
  • China
  • India
  • Japan
  • Australia
  • South Korea
• Latin America 
  • Brazil
  • Mexico
  • Argentina
• Middle East and Africa 
  • Saudi Arabia
  • South Africa
  • UAE