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Carbon Capture and Sequestration-Global Market Insights and Sales Trends 2024
Synopsis
Carbon Capture and Storage (CCS) is a technology that can capture up to 90% of the carbon dioxide (CO2) emissions produced from the use of fossil fuels in electricity generation and industrial processes, preventing the carbon dioxide from entering the atmosphere.
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.
The global Carbon Capture and Sequestration market size is expected to reach US$ 9107.7 million by 2029, growing at a CAGR of 7.7% from 2023 to 2029. The market is mainly driven by the significant applications of Carbon Capture and Sequestration in various end use industries. The expanding demands from the Enhanced Oil Recovery, Industrial, Agricultural and Others, are propelling Carbon Capture and Sequestration market. Industrial Process, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Oxy-Combustion segment is estimated at % CAGR for the next seven-year period.
The Carbon Capture and Sequestration (CCS) market was valued at 4430 Million US$ in 2017 and is projected to reach 14200 Million US$ by 2025, at a CAGR of 15.7% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Carbon Capture and Sequestration (CCS).
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Carbon Capture and Sequestration, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Carbon Capture and Sequestration market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Carbon Capture and Sequestration market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Carbon Capture and Sequestration sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Carbon Capture and Sequestration covered in this report include Siemens, Aker Solutions, Fluor, Mitsubishi Heavy Industries, Halliburton, Honeywell International, Shell Global and Maersk Oil, etc.
The global Carbon Capture and Sequestration market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Siemens
Aker Solutions
Fluor
Mitsubishi Heavy Industries
Halliburton
Honeywell International
Shell Global
Maersk Oil
Global Carbon Capture and Sequestration market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Carbon Capture and Sequestration market, Segment by Type:
Industrial Process
Oxy-Combustion
Pre-Combustion
Post-Combustion
Global Carbon Capture and Sequestration market, by Application
Enhanced Oil Recovery
Industrial
Agricultural
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: 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 Three: 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 Four: Detailed analysis of Carbon Capture and Sequestration companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Carbon Capture and Storage (CCS) is a technology that can capture up to 90% of the carbon dioxide (CO2) emissions produced from the use of fossil fuels in electricity generation and industrial processes, preventing the carbon dioxide from entering the atmosphere.
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.
The global Carbon Capture and Sequestration market size is expected to reach US$ 9107.7 million by 2029, growing at a CAGR of 7.7% from 2023 to 2029. The market is mainly driven by the significant applications of Carbon Capture and Sequestration in various end use industries. The expanding demands from the Enhanced Oil Recovery, Industrial, Agricultural and Others, are propelling Carbon Capture and Sequestration market. Industrial Process, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Oxy-Combustion segment is estimated at % CAGR for the next seven-year period.
The Carbon Capture and Sequestration (CCS) market was valued at 4430 Million US$ in 2017 and is projected to reach 14200 Million US$ by 2025, at a CAGR of 15.7% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Carbon Capture and Sequestration (CCS).
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Carbon Capture and Sequestration, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Carbon Capture and Sequestration market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Carbon Capture and Sequestration market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Carbon Capture and Sequestration sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Carbon Capture and Sequestration covered in this report include Siemens, Aker Solutions, Fluor, Mitsubishi Heavy Industries, Halliburton, Honeywell International, Shell Global and Maersk Oil, etc.
The global Carbon Capture and Sequestration market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Siemens
Aker Solutions
Fluor
Mitsubishi Heavy Industries
Halliburton
Honeywell International
Shell Global
Maersk Oil
Global Carbon Capture and Sequestration market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Carbon Capture and Sequestration market, Segment by Type:
Industrial Process
Oxy-Combustion
Pre-Combustion
Post-Combustion
Global Carbon Capture and Sequestration market, by Application
Enhanced Oil Recovery
Industrial
Agricultural
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: 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 Three: 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 Four: Detailed analysis of Carbon Capture and Sequestration companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Carbon Capture and Sequestration
1.1 Carbon Capture and Sequestration Market Overview
1.1.1 Carbon Capture and Sequestration Product Scope
1.1.2 Carbon Capture and Sequestration Market Status and Outlook
1.2 Global Carbon Capture and Sequestration Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Carbon Capture and Sequestration Market Size by Region (2018-2029)
1.4 Global Carbon Capture and Sequestration Historic Market Size by Region (2018-2023)
1.5 Global Carbon Capture and Sequestration Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Carbon Capture and Sequestration Market Size (2018-2029)
1.6.1 North America Carbon Capture and Sequestration Market Size (2018-2029)
1.6.2 Europe Carbon Capture and Sequestration Market Size (2018-2029)
1.6.3 Asia-Pacific Carbon Capture and Sequestration Market Size (2018-2029)
1.6.4 Latin America Carbon Capture and Sequestration Market Size (2018-2029)
1.6.5 Middle East & Africa Carbon Capture and Sequestration Market Size (2018-2029)
2 Carbon Capture and Sequestration Market by Type
2.1 Introduction
2.1.1 Industrial Process
2.1.2 Oxy-Combustion
2.1.3 Pre-Combustion
2.1.4 Post-Combustion
2.2 Global Carbon Capture and Sequestration Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Carbon Capture and Sequestration Historic Market Size by Type (2018-2023)
2.2.2 Global Carbon Capture and Sequestration Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Carbon Capture and Sequestration Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Carbon Capture and Sequestration Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Carbon Capture and Sequestration Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Carbon Capture and Sequestration Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Carbon Capture and Sequestration Revenue Breakdown by Type (2018-2029)
3 Carbon Capture and Sequestration Market Overview by Application
3.1 Introduction
3.1.1 Enhanced Oil Recovery
3.1.2 Industrial
3.1.3 Agricultural
3.1.4 Others
3.2 Global Carbon Capture and Sequestration Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Carbon Capture and Sequestration Historic Market Size by Application (2018-2023)
3.2.2 Global Carbon Capture and Sequestration Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Carbon Capture and Sequestration Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Carbon Capture and Sequestration Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Carbon Capture and Sequestration Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Carbon Capture and Sequestration Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Carbon Capture and Sequestration Revenue Breakdown by Application (2018-2029)
4 Carbon Capture and Sequestration Competition Analysis by Players
4.1 Global Carbon Capture and Sequestration Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Carbon Capture and Sequestration as of 2022)
4.3 Date of Key Players Enter into Carbon Capture and Sequestration Market
4.4 Global Top Players Carbon Capture and Sequestration Headquarters and Area Served
4.5 Key Players Carbon Capture and Sequestration Product Solution and Service
4.6 Competitive Status
4.6.1 Carbon Capture and Sequestration Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Siemens
5.1.1 Siemens Profile
5.1.2 Siemens Main Business
5.1.3 Siemens Carbon Capture and Sequestration Products, Services and Solutions
5.1.4 Siemens Carbon Capture and Sequestration Revenue (US$ Million) & (2018-2023)
5.1.5 Siemens Recent Developments
5.2 Aker Solutions
5.2.1 Aker Solutions Profile
5.2.2 Aker Solutions Main Business
5.2.3 Aker Solutions Carbon Capture and Sequestration Products, Services and Solutions
5.2.4 Aker Solutions Carbon Capture and Sequestration Revenue (US$ Million) & (2018-2023)
5.2.5 Aker Solutions Recent Developments
5.3 Fluor
5.3.1 Fluor Profile
5.3.2 Fluor Main Business
5.3.3 Fluor Carbon Capture and Sequestration Products, Services and Solutions
5.3.4 Fluor Carbon Capture and Sequestration Revenue (US$ Million) & (2018-2023)
5.3.5 Mitsubishi Heavy Industries Recent Developments
5.4 Mitsubishi Heavy Industries
5.4.1 Mitsubishi Heavy Industries Profile
5.4.2 Mitsubishi Heavy Industries Main Business
5.4.3 Mitsubishi Heavy Industries Carbon Capture and Sequestration Products, Services and Solutions
5.4.4 Mitsubishi Heavy Industries Carbon Capture and Sequestration Revenue (US$ Million) & (2018-2023)
5.4.5 Mitsubishi Heavy Industries Recent Developments
5.5 Halliburton
5.5.1 Halliburton Profile
5.5.2 Halliburton Main Business
5.5.3 Halliburton Carbon Capture and Sequestration Products, Services and Solutions
5.5.4 Halliburton Carbon Capture and Sequestration Revenue (US$ Million) & (2018-2023)
5.5.5 Halliburton Recent Developments
5.6 Honeywell International
5.6.1 Honeywell International Profile
5.6.2 Honeywell International Main Business
5.6.3 Honeywell International Carbon Capture and Sequestration Products, Services and Solutions
5.6.4 Honeywell International Carbon Capture and Sequestration Revenue (US$ Million) & (2018-2023)
5.6.5 Honeywell International Recent Developments
5.7 Shell Global
5.7.1 Shell Global Profile
5.7.2 Shell Global Main Business
5.7.3 Shell Global Carbon Capture and Sequestration Products, Services and Solutions
5.7.4 Shell Global Carbon Capture and Sequestration Revenue (US$ Million) & (2018-2023)
5.7.5 Shell Global Recent Developments
5.8 Maersk Oil
5.8.1 Maersk Oil Profile
5.8.2 Maersk Oil Main Business
5.8.3 Maersk Oil Carbon Capture and Sequestration Products, Services and Solutions
5.8.4 Maersk Oil Carbon Capture and Sequestration Revenue (US$ Million) & (2018-2023)
5.8.5 Maersk Oil Recent Developments
6 North America
6.1 North America Carbon Capture and Sequestration Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Carbon Capture and Sequestration Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Carbon Capture and Sequestration Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Carbon Capture and Sequestration Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Carbon Capture and Sequestration Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Carbon Capture and Sequestration Market Dynamics
11.1 Carbon Capture and Sequestration Industry Trends
11.2 Carbon Capture and Sequestration Market Drivers
11.3 Carbon Capture and Sequestration Market Challenges
11.4 Carbon Capture and Sequestration Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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