Carbon Capture, Utilization, and Storage (CCUS) technologies play a crucial role in decarbonizing industries by removing carbon dioxide from waste gases and the atmosphere for storage or industrial use. The IDTechEx report forecasts significant growth in CCUS capture capacity by 2045, driven by advancements in capture technologies and increasing economic incentivization. CCUS not only helps meet net zero targets but also supports the growth of sustainable sectors like blue hydrogen and BECCS. The report highlights the emergence of innovative capture solutions and a shift towards a fragmented CCUS business model, indicating a positive trend towards large-scale deployment. CCUS provides a rapid means of decarbonizing existing industrial assets and enables the transition to greener solutions in industries such as power generation. By combining CCUS with bioenergy and blue hydrogen production, industries can achieve substantial emission reductions while advancing global decarbonization goals. The report offers a comprehensive analysis of the CCUS industry, market forecasts, key players, and opportunities for deployment, emphasizing the critical role of CCUS in addressing climate change and driving industrial decarbonization.