Saudi Arabia Carbon Capture and Storage Market Trends, and Share Forecast 2025-2033

Saudi Arabia Carbon Capture and Storage Market Overview

Market Size in 2024: USD 27.56 Million

Market Size in 2033: USD 55.42 Million

Market Growth Rate 2025-2033: 8.07%

According to IMARC Group's latest research publication, "Saudi Arabia Carbon Capture and Storage Market Size, Share, Trends and Forecast by Service, Technology, End Use Industry, and Region, 2025-2033", The Saudi Arabia carbon capture and storage market size reached USD 27.56 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 55.42 Million by 2033, exhibiting a growth rate (CAGR) of 8.07% during 2025-2033.

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How AI is Reshaping the Future of Saudi Arabia Carbon Capture and Storage Market

• AI-powered monitoring systems increase CCS efficiency by 20%, enabling real-time detection and response to potential carbon leaks in Saudi Arabia’s storage facilities.
• Machine learning optimizes carbon capture process parameters, reducing energy consumption by 15% and lowering operational costs in key industrial projects.
• Government-supported AI initiatives enhance site selection accuracy for storage reservoirs, ensuring safer and more effective long-term CO₂ sequestration.
• AI-driven data analytics improve predictive maintenance schedules, cutting downtime by 18% and boosting reliability across Saudi Arabia’s CCS infrastructure.
• Collaborations with AI tech firms are accelerating R&D in novel capture materials, pushing the boundaries of carbon capture efficiency and sustainability.

Saudi Arabia Carbon Capture and Storage Market Trends & Drivers:

Saudi Arabia’s carbon capture and storage (CCS) market growth is deeply driven by the nation’s ambitious Vision 2030 and Net-Zero by 2060 goals. The government is investing heavily in CCS infrastructure to decarbonize key industries, especially oil and gas. One flagship project, the Jubail CCS Hub, aims to capture and store 9 million tons of CO₂ annually, which equates to removing about 2 million passenger cars from the road. This national focus on CCS exemplifies the Kingdom's commitment to environment-friendly energy production while maintaining its economic diversification strategy.​

Government fiscal and regulatory support is catalyzing CCS development across Saudi Arabia. The Ministry of Energy has partnered with international firms like SLB and Linde in multi-billion-dollar contracts to scale this technology. With $1.5 billion in recent investments, the country promotes new business models focused on shared carbon infrastructure and regulatory frameworks to facilitate widespread CCS adoption. Alongside these efforts, the Saudi Green Initiative incentivizes projects to lower emissions, making CCS a valuable tool in the Kingdom’s circular carbon economy approach, which integrates carbon capture, utilization, and storage.​

Innovative technological advancements impressively shape the Saudi CCS market’s trajectory. Saudi Aramco’s launch of the Kingdom’s first direct air capture (DAC) test unit showcases a leap toward next-generation CO₂ removal methods tailored to local conditions. This facility can capture tons of CO₂ annually, supporting net-zero ambitions and cost reductions for wider DAC deployment. Complementing this, the integration of AI, sensor technologies, and advanced materials research accelerates efficiency and scalability. The strategic location and abundant renewable energy resources provide a unique competitive advantage, positioning Saudi Arabia as a Middle Eastern leader in carbon capture innovation.

Saudi Arabia Carbon Capture and Storage Industry Segmentation:

The report provides a detailed analysis of the Saudi Arabia carbon capture and storage market share, highlighting key segments and regional contributions driving overall growth. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.

The report has segmented the market into the following categories:

Service Insights:

• Capture
• Transportation
• Storage

Technology Insights:

• Post-combustion Capture
• Pre-combustion Capture
• Oxy-fuel Combustion Capture

End Use Industry Insights:

• Oil and Gas
• Coal and Biomass Power Plant
• Iron and Steel
• Chemical
• Others

Regional Insights:

• Northern and Central Region
• Western Region
• Eastern Region
• Southern Region

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Recent News and Developments in Saudi Arabia Carbon Capture and Storage Market

• October 2025: Saudi Aramco inaugurated Riyadh’s first direct air capture unit, removing thousands of tons of CO₂ annually to aid net-zero targets.
• September 2025: SLB and Linde signed a $1.5 billion agreement with Saudi entities to develop one of the world’s largest carbon capture hubs.
• July 2025: Advanced AI monitoring systems were deployed in Jubail CCS facilities, improving carbon leak detection and operational efficiency by 20%.

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IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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Stanley Huds is a seasoned market research analyst with a keen eye for trends and a passion for uncovering valuable insights.