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  • Published In : Jun 2022
  • Code : CMI5065
  • Pages : 179
  • Formats :
      Excel and PDF
  • Industry : Smart Technologies
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CO2 can also be used to create commercially marketable goods. This is usually called as carbon capture storage and utilization. The most well-established form of CO2 utilization is enhanced oil recovery, where CO2 is injected into oil and gas reservoirs to fuel their extraction. 

Market Dynamics:

The rising demand for low-carbon hydrogen has resulted in the construction of about 50 facilities to capture CO2 from hydrogen-related operations is anticipated drive the growth of the global carbon capture and storage market. New governmental incentives have significantly enhanced the investment on environment for Carbon Capture and Storage. Governments and industry have pledged more than USD 25 billion in funding for CCS projects and programmes since the beginning of 2020 which is projected to offer lucrative opportunities in the growth of global carbon capture and storage market.

On Contrary, Storage costs may be adverse in some situations if CO2 is injected permanently into oilfields to boost output. This is expected to hamper the growth of the global carbon capture and storage market.

Key features of the study:

  • This report provides in-depth analysis of the global carbon capture and storage market, and provides market size (US$ 1.92Bn) and compound annual growth rate (10.6%) for the forecast period (2022–2030), considering 2022 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global carbon capture and storage market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Major companies operating the global carbon capture and storage market are Honeywell International Inc., Aker Solutions, Dakota Gasification Company, Exxon Mobil Corporation, Baker Hughes, Air Liquide, Exxon Mobil, Air Liquide, Aker Solutions, Baker Hughes, Fluor Corporation, General Electric and Halliburton.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global carbon capture and storage market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global carbon capture and storage market.

Detailed Segmentation:

  • Global Carbon Capture and storage Market, By Technology:
    • Pre-combustion Capture
    • Oxy-fuel Combustion Capture
    • Post-combustion Capture
  • Global Carbon Capture and storage Market, By End User Industry:
    • Oil and Gas
    • Coal and Biomass Power Plant Iron and Steel
    • Chemical
    • Other End-user Industries
  • Global Carbon Capture and storage Market, By Geography:
    • Asia-Pacific
    • North America
    • Europe
    • Rest of the World
  • Company Profiles:
    • Aker Solutions
    • Air Liquide
    • Baker Hughes
    • Dakota Gasification Company
    • Exxon Mobil Corporation
    • Fluor Corporation
    • General Electric
    • Halliburton
    • Honeywell International Inc.
    • Japan CCS Company
    • Mitsubishi Heavy Industries Ltd
    • NRG Energy Inc.
    • Royal Dutch Shell PLC
    • Schlumberger
    • Siemens
    • Linde PLC
    • LanzaTech
    • Occidental Petroleum Corporation

Detailed Segmentation:

  • Global Carbon Capture and storage Market, By Technology:
    • Pre-combustion Capture
    • Oxy-fuel Combustion Capture
    • Post-combustion Capture
  • Global Carbon Capture and storage Market, By End User Industry:
    • Oil and Gas
    • Coal and Biomass Power Plant Iron and Steel
    • Chemical
    • Other End-user Industries
  • Global Carbon Capture and storage Market, By Geography:
    • Asia-Pacific
    • North America
    • Europe
    • Rest of the World

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