diff --git a/arrow-buffer/Cargo.toml b/arrow-buffer/Cargo.toml
index 68bfe8ddf732..5bd81d1aac33 100644
--- a/arrow-buffer/Cargo.toml
+++ b/arrow-buffer/Cargo.toml
@@ -28,11 +28,17 @@ include = { workspace = true }
 edition = { workspace = true }
 rust-version = { workspace = true }
 
+[package.metadata.docs.rs]
+features = ["pool"]
+
 [lib]
 name = "arrow_buffer"
 path = "src/lib.rs"
 bench = false
 
+[features]
+pool = []
+
 [dependencies]
 bytes = { version = "1.4" }
 num = { version = "0.4", default-features = false, features = ["std"] }
diff --git a/arrow-buffer/src/buffer/immutable.rs b/arrow-buffer/src/buffer/immutable.rs
index 8d1a46583fca..48c98f0b7b24 100644
--- a/arrow-buffer/src/buffer/immutable.rs
+++ b/arrow-buffer/src/buffer/immutable.rs
@@ -357,6 +357,12 @@ impl Buffer {
     pub fn ptr_eq(&self, other: &Self) -> bool {
         self.ptr == other.ptr && self.length == other.length
     }
+
+    /// Register this [`Buffer`] with the provided [`MemoryPool`], replacing any prior assignment
+    #[cfg(feature = "pool")]
+    pub fn claim(&self, pool: &dyn crate::MemoryPool) {
+        self.data.claim(pool)
+    }
 }
 
 /// Note that here we deliberately do not implement
diff --git a/arrow-buffer/src/bytes.rs b/arrow-buffer/src/bytes.rs
index ba61342d8e39..acc955851114 100644
--- a/arrow-buffer/src/bytes.rs
+++ b/arrow-buffer/src/bytes.rs
@@ -44,6 +44,9 @@ pub struct Bytes {
 
     /// how to deallocate this region
     deallocation: Deallocation,
+
+    #[cfg(feature = "pool")]
+    reservation: std::sync::Mutex<Option<Box<dyn crate::MemoryReservation>>>,
 }
 
 impl Bytes {
@@ -65,6 +68,8 @@ impl Bytes {
             ptr,
             len,
             deallocation,
+            #[cfg(feature = "pool")]
+            reservation: std::sync::Mutex::new(None),
         }
     }
 
@@ -96,6 +101,12 @@ impl Bytes {
         }
     }
 
+    /// Register this [`Bytes`] with the provided [`MemoryPool`], replacing any prior assignment
+    #[cfg(feature = "pool")]
+    pub fn claim(&self, pool: &dyn crate::MemoryPool) {
+        *self.reservation.lock().unwrap() = Some(pool.register(self.capacity()));
+    }
+
     #[inline]
     pub(crate) fn deallocation(&self) -> &Deallocation {
         &self.deallocation
@@ -152,6 +163,8 @@ impl From<bytes::Bytes> for Bytes {
             len,
             ptr: NonNull::new(value.as_ptr() as _).unwrap(),
             deallocation: Deallocation::Custom(std::sync::Arc::new(value), len),
+            #[cfg(feature = "pool")]
+            reservation: std::sync::Mutex::new(None),
         }
     }
 }
diff --git a/arrow-buffer/src/lib.rs b/arrow-buffer/src/lib.rs
index 34e432208ada..40013de25ce7 100644
--- a/arrow-buffer/src/lib.rs
+++ b/arrow-buffer/src/lib.rs
@@ -43,3 +43,8 @@ mod interval;
 pub use interval::*;
 
 mod arith;
+
+#[cfg(feature = "pool")]
+mod pool;
+#[cfg(feature = "pool")]
+pub use pool::*;
diff --git a/arrow-buffer/src/pool.rs b/arrow-buffer/src/pool.rs
new file mode 100644
index 000000000000..ea73b4faa431
--- /dev/null
+++ b/arrow-buffer/src/pool.rs
@@ -0,0 +1,81 @@
+use std::sync::atomic::{AtomicUsize, Ordering};
+use std::sync::Arc;
+
+/// A [`MemoryPool`] can be used to track memory usage by [`Buffer`](crate::Buffer)
+pub trait MemoryPool {
+    /// Return a memory reservation of `size` bytes
+    fn register(&self, size: usize) -> Box<dyn MemoryReservation>;
+}
+
+/// A memory reservation within a [`MemoryPool`] that is freed on drop
+pub trait MemoryReservation {
+    /// Resize this reservation to `new` bytes
+    fn resize(&mut self, new: usize);
+}
+
+/// A simple [`MemoryPool`] that reports the total memory usage
+#[derive(Debug, Default)]
+pub struct TrackingMemoryPool(Arc<AtomicUsize>);
+
+impl TrackingMemoryPool {
+    /// Returns the total allocated size
+    pub fn allocated(&self) -> usize {
+        self.0.load(Ordering::Relaxed)
+    }
+}
+
+impl MemoryPool for TrackingMemoryPool {
+    fn register(&self, size: usize) -> Box<dyn MemoryReservation> {
+        self.0.fetch_add(size, Ordering::Relaxed);
+        Box::new(Tracker {
+            size,
+            shared: Arc::clone(&self.0),
+        })
+    }
+}
+
+#[derive(Debug)]
+struct Tracker {
+    size: usize,
+    shared: Arc<AtomicUsize>,
+}
+
+impl Drop for Tracker {
+    fn drop(&mut self) {
+        self.shared.fetch_sub(self.size, Ordering::Relaxed);
+    }
+}
+
+impl MemoryReservation for Tracker {
+    fn resize(&mut self, new: usize) {
+        match self.size < new {
+            true => self.shared.fetch_add(new - self.size, Ordering::Relaxed),
+            false => self.shared.fetch_sub(self.size - new, Ordering::Relaxed),
+        };
+        self.size = new;
+    }
+}
+
+#[cfg(test)]
+mod tests {
+    use super::*;
+    use crate::Buffer;
+
+    #[test]
+    fn test_memory_pool() {
+        let pool = TrackingMemoryPool::default();
+        let b1 = Buffer::from(vec![0_i64, 1, 2]);
+        let b2 = Buffer::from(vec![3_u16, 4, 5]);
+
+        let buffers = [b1.clone(), b1.slice(12), b1.clone(), b2.clone()];
+        buffers.iter().for_each(|x| x.claim(&pool));
+
+        assert_eq!(pool.allocated(), b1.capacity() + b2.capacity());
+        drop(buffers);
+        assert_eq!(pool.allocated(), b1.capacity() + b2.capacity());
+        drop(b2);
+        assert_eq!(pool.allocated(), b1.capacity());
+        drop(b1);
+        assert_eq!(pool.allocated(), 0);
+    }
+}