Report overview
Carbon Capture and Storage (CCS) is a technology that can capture up to 90% of the carbon dioxide (CO2) emissions pro?duced from the use of fossil fuels in electricity generation and industrial processes, preventing the carbon dioxide from entering the atmosphere.
This report aims to provide a comprehensive presentation of the global market for Carbon Capture and Sequestration (CCS), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Carbon Capture and Sequestration (CCS). This report contains market size and forecasts of Carbon Capture and Sequestration (CCS) in global, including the following market information:
Global Carbon Capture and Sequestration (CCS) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Carbon Capture and Sequestration (CCS) market was valued at US$ 4423.2 million in 2022 and is projected to reach US$ 11780 million by 2029, at a CAGR of 15.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Carbon dioxide can be captured out of air or fossil fuel power plant flue gas using adsorption (or carbon scrubbing), membrane gas separation, or adsorption technologies. Amines are the leading carbon scrubbing technology. Storage of the CO2 is envisaged either in deep geological formations, or in the form of mineral carbonates. Geological formations are currently considered the most promising sequestration sites.
We surveyed the Carbon Capture and Sequestration (CCS) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Carbon Capture and Sequestration (CCS) Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Carbon Capture and Sequestration (CCS) Market Segment Percentages, by Type, 2022 (%)
Carbon Capture
Carbon Sequestration
Global Carbon Capture and Sequestration (CCS) Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Carbon Capture and Sequestration (CCS) Market Segment Percentages, by Application, 2022 (%)
Energy
Industrial
Agricultural
Others
Global Carbon Capture and Sequestration (CCS) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Carbon Capture and Sequestration (CCS) Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Carbon Capture and Sequestration (CCS) revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Carbon Capture and Sequestration (CCS) revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Siemens
Aker Solutions
Fluor
Mitsubishi Heavy Industries
Halliburton
Honeywell International
Shell Global
Maersk Oil
Outline of Major Chapters:
Chapter 1: Introduces the definition of Carbon Capture and Sequestration (CCS), market overview.
Chapter 2: Global Carbon Capture and Sequestration (CCS) market size in revenue.
Chapter 3: Detailed analysis of Carbon Capture and Sequestration (CCS) company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Carbon Capture and Sequestration (CCS) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.