3

Global Market Opportunity

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"The global CDR industry could reach an annual economic potential of €470-940B by 2050, which is as large as today´s global airline industry"1

12024 forecast for global passenger and cargo revenues, IATA, 2024.

€B

CDR can become a global €470-940B industry

Global economic potential of CDR could reach €470-940B p.a. by 2050

  • Significant cost decreases of 35-85% can be expected for most CDR methods until 2050
  • The global economic potential of CDR could reach up to €940 billion

Economic potential differs significantly per CDR method

  • CDR-induced economic potential is aggregated along six value chain steps:

1. Plant technology equipment

2. Feedstock and other inputs

3. Operations and maintenance

4. CO₂ transport and storage

5. MRV (companies that measure, report, and verify carbon removal)

6. Intermediaries

  • Economic potential along the value chain differs notably across CDR methods
  • Technology suppliers could see massive growth through CDR-mainly driven by enhanced natural processes and technology-based removal

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