Low-carbon cement technology and start-up landscape

This study assessed 11 early-stage startups and five decarbonization pathways, including CCUS and clinker substitution, to reach net-zero cement by 2050. ADI modeled CO2​ reduction costs, technology readiness, commercial maturity, adoption outlook, and growth potential across North America and Europe.

Venture capital firm

Strategic ambiguity regarding which low-carbon cement technologies to invest in given long adoption cycles and lack of standards.

Contribution icon 1

Ranked 11 companies across metrics including constructability, IP defensibility, and feedstock availability.

Contribution icon 2

Benchmarked five major options (CCUS, alternative fuels, clinker substitutes) by abatement potential and adoption readiness.

Contribution icon 3

Analyzed cement price trends and the economic impact of CO2​ capture on final product margins.

Contribution icon 4

Evaluated the impact of the Inflation Reduction Act (IRA) and EU ETS on the commercial viability of CCUS-based cement.

  • Risk diversification across multiple technologies and a recommended focus on startups with secured feedstock access.
Client Results
Unlike firms that provide recycled information, ADI delivers targeted data and real customer feedback. They focus exactly on what we care about rather than simply giving us what they think we want to hear.
Riley Hagan CEO, Ethanext

Industry experience

CO2 conversion pathways techno-economic assessment

ADI prioritized nine CO2​-to-value pathways, ranging from carbon mineralization for cement to electrochemical routes for circular fuels. The work assessed the energy intensity and technology readiness of photocatalysis and chemo-enzymatic conversion. Analytical modeling of breakeven costs was conducted to identify the most commercially attractive products in the near-term. The client Global investment firm The situation […]

Corrosion monitoring technology assessment

This assessment by ADI evaluated a fixed, wireless sensor network designed for continuous corrosion monitoring across hazardous upstream, refining, and chemical assets. Analytical modeling incorporated scale-driven reductions to project revenue over a 10-year period. The study surfaced trade-offs between system mobility and the high installation costs of competing fiber optic or electrical resistance probes. The […]

Hydrogen electrolyzer cost benchmarking and outlook

ADI assessed the cost competitiveness of alkaline, proton exchange membrane (PEM), and solid oxide electrolyzer cell (SOEC) electrolyzers, focusing on the capex variations globally. The work detailed the cost outlook of stack components like bipolar plates and catalyst-coated membranes over a 10-year period. Levelized cost of hydrogen (LCOH) modeling was used to demonstrate variations in […]

Large stand-off magnetometry (LSM) market assessment

ADI conducted detailed market research for a non-destructive testing (NDT) technology, analyzing its application in difficult-to-pig subsea flowlines. The work evaluated the competitive landscape between established tools like pulsed eddy current and startups using magnetometry tomographic methods. Global asset growth rates and ROV inspection speeds were modeled to estimate a market size and develop an […]

Sustainable aviation fuel technology and supply outlook

ADI explored the recovery of global jet fuel demand post-COVID-19. The study analyzed seven ASTM-approved SAF pathways to identify the pathway that will dominate supply and/or offer the greatest decarbonization potential over the long term. Cost analysis was conducted to assess drivers of SAF costs compared to conventional jet fuel. The client Venture capital firm […]

U.S. upstream oil and gas production IoT market

ADI evaluated the adoption of predictive analytics and IIoT offerings among independent North American operators. The research identified factors impacting adoption and growth and critical solutions to drive adoption in high-producing assets. The client Venture capital firm The situation Need to discern between re-branded automation products and differentiated, value-added IIoT offerings for investment. ADI’s contributions […]

More insights

Article Icon Article

Record RFS mandates strain biofuel supplies

The EPA’s recently finalized Renewable Volume Obligations (RVOs) for 2026–2027 raise Renewable Fuel Standard (RFS) mandates to record levels, marking a step-change in required blending volumes. This shift increases demand across the system and leaves less buffer between required volumes and available supply, tightening overall market conditions. Key dynamics shaping supply requirements: These dynamics suggest […]

Premium content Icon Premium content

Oil & gas midstream: 2026 mid-year trends and supply chain impacts

The midstream sector in the first half of 2026 is moving at a breakneck pace, driven by a strategic pivot toward “wellhead-to-water” natural gas liquid (NGL) integration, severe high-horsepower compression supply-chain constraints, and a massive power-generation super-cycle spurred by AI data center expansion. Rather than relying on speculative mega-projects, major pipeline operators are maximizing fee-based […]