Saudi CCS & Hydrogen Tech Market to Hit $334.79M by 2033
The Saudi CCS & Hydrogen Tech Market is growing fast, starting at $107.93 million in 2025 and expected to reach $334.79 million by 2033. That’s a 15.2% annual growth rate. Behind those numbers is a bigger story: the Kingdom is turning carbon from a problem into a resource.
Vision 2030 Targets 800K Tons of CO₂ Capture Every Year
This shift is powered by Vision 2030 and the goal to hit net-zero emissions by 2060. Projects like Aramco’s Uthmaniyah CCS are already capturing 800,000 tons of CO₂ each year. Government programs like the Saudi Green Initiative and NIDLP are helping industries get the infrastructure and policy support they need to scale up.
Pre-Combustion Capture Grows 14.7% Annually
Among CCS technologies, one of the most effective technologies in play is pre-combustion capture, which removes CO₂ before fuel is burned. It’s growing at a 14.7% CAGR and fits well with Saudi Arabia’s refining and gas processing sectors. It’s a practical way to cut emissions without disrupting energy supply.
Capture Services Expand as Industry Demand Rises
Capture services, the actual process of collecting CO₂, are also growing at 14.7% annually. Industrial sectors like petrochemicals and cement are driving this growth, with facilities such as the Hawiyah CO₂ Injection Facility already operational. As the NIDLP pushes for sustainable manufacturing, these services are becoming essential to meeting emissions targets.
CO₂ Conversion into Fuels and Plastics Grows 15.6%
On the utilization front, catalytic conversion is gaining momentum, growing at 15.6% CAGR. This technology transforms captured CO₂ into methanol, synthetic fuels, and plastics. SABIC’s Innovation Center is leading the charge, turning emissions into economic assets and reinforcing the dual value of environmental mitigation and industrial profitability.
Oil & Gas Sector Leads CCS Demand with 16.0% Growth
The oil and gas sector remains the largest end-user, with CCS demand growing at 16.0% CAGR. Power plants like Riyadh and Jeddah South are prime candidates for retrofits, while Enhanced Oil Recovery (EOR) practices inject CO₂ into aging fields, creating a closed-loop carbon system. This integration ensures CCS is not just an add-on, but a core component of energy infrastructure.
Jubail Hub Will Store 9M Tons of CO₂ by 2027
One of the biggest projects is the Jubail CCS Hub. Slated for completion by 2028, The Jubail CCS Hub will store up to 9 million tons of CO₂ annually. Designed as shared infrastructure, it enables industries from steel to petrochemicals to plug into centralized storage. This model reduces costs and accelerates adoption, making large-scale CCS deployment more feasible.
Hydrogen Projects Boost CCS Demand
Saudi Arabia’s push into blue hydrogen, which relies on CCS, is creating a sustainable growth loop. Projects like Jazan Energy’s hydrogen initiative are amplifying demand for carbon capture. By coupling hydrogen production with EOR, the Kingdom is building a carbon economy that aligns climate goals with industrial profitability.
Aramco’s $1.5B Investment Shows Serious Commitment
In 2022, Aramco awarded a $1.5 billion CCS contract, underscoring its commitment to decarbonization. Beyond domestic projects, Aramco is investing in international collaborations, including Germany’s largest Direct Air Capture (DAC) demonstration plant. These moves position the Saudi CCS & Hydrogen Tech Market as a global player in carbon management.
Saudi Aims to Capture 44M Tons of CO₂ by 2035
The Kingdom’s long-term goal is to capture and store 44 million tons of CO₂ every year by 2035. That would rival North America’s entire CCS capacity. To get there, Saudi Arabia will need strong partnerships, smart financing, and clear regulations—but the momentum is real.
Now is the time for innovators, investors, and industrial leaders to plug in. Whether it’s through joint ventures, technology transfer, or infrastructure co-development, the Saudi CCS & Hydrogen Tech Market is open for collaboration. The groundwork is laid, the targets are bold, and the opportunity is global. Let’s build the future of carbon together.
Also Read: Saudi Carbon Capture and Storage Market to Store 44M Tons by 2035
