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Global Carbon Capture Usage and Storage (CCUS) Technology Market Research Report 2024
Synopsis
Carbon Capture Usage and Storage (CCUS), also known as Carbon Capture and Storage (CCS), is a set of technologies and processes aimed at capturing carbon dioxide (CO2) emissions from industrial and energy-related sources, utilizing the captured CO2 for various purposes, and storing it underground in a secure and permanent manner.
The goal of CCUS is to reduce greenhouse gas emissions, particularly CO2, by capturing and storing it before it enters the atmosphere. It is considered a critical technology for achieving deep decarbonization and meeting climate change mitigation targets. CCUS can help industries transition to lower-carbon operations while maintaining reliable energy supplies and supporting economic growth.
Global Carbon Capture Usage and Storage (CCUS) Technology market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Carbon Capture Usage and Storage (CCUS) Technology market research.
CCUS development has gained significant momentum in recent years, driven by strengthened climate targets and subsequently increased policy support for the technology around the world. In 2022, 61 new CCUS facilities were added to the project pipeline globally, bringing the global total of CCUS projects to 30 in operation, 11 under construction and 153 in development. The US already has more CCUS projects than any other country, and its landmark Inflation Reduction Act of 2022 is expected to drive further deployment of the technology in the coming years.
In Europe, countries including the UK, Netherlands and Norway are looking to develop CCUS in regional industrial clusters, in which multiple emitters can benefit economically from shared transportation and storage infrastructure.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Carbon Capture Usage and Storage (CCUS) Technology market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Mitsubishi Heavy Industries (MHI)
Siemens Energy
Aker Solutions
Carbon Clean Solutions
Climeworks
Global Thermostat
Carbon Engineering
Occidental
C-Capture
Occidental Petroleum
Schlumberger
Shell
Segment by Type
Carbon Capture and Storage (CCS)
Carbon Capture and Utilization (CCU)
Carbon Capture and Conversion (CCC)
Segment by Application
Power Generation
Industrial Processes
Enhanced Oil Recovery (EOR)
Chemical and Fuel Production
Carbon Offsetting
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
The Carbon Capture Usage and Storage (CCUS) Technology report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Global market size, regional market size. Market Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6 to 10: Country Level Value Analysis
Chapter 11: Companies’ Outline
Chapter 12: Market Conclusions
Chapter 13: Research Methodology and Data Source
Carbon Capture Usage and Storage (CCUS), also known as Carbon Capture and Storage (CCS), is a set of technologies and processes aimed at capturing carbon dioxide (CO2) emissions from industrial and energy-related sources, utilizing the captured CO2 for various purposes, and storing it underground in a secure and permanent manner.
The goal of CCUS is to reduce greenhouse gas emissions, particularly CO2, by capturing and storing it before it enters the atmosphere. It is considered a critical technology for achieving deep decarbonization and meeting climate change mitigation targets. CCUS can help industries transition to lower-carbon operations while maintaining reliable energy supplies and supporting economic growth.
Global Carbon Capture Usage and Storage (CCUS) Technology market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Carbon Capture Usage and Storage (CCUS) Technology market research.
CCUS development has gained significant momentum in recent years, driven by strengthened climate targets and subsequently increased policy support for the technology around the world. In 2022, 61 new CCUS facilities were added to the project pipeline globally, bringing the global total of CCUS projects to 30 in operation, 11 under construction and 153 in development. The US already has more CCUS projects than any other country, and its landmark Inflation Reduction Act of 2022 is expected to drive further deployment of the technology in the coming years.
In Europe, countries including the UK, Netherlands and Norway are looking to develop CCUS in regional industrial clusters, in which multiple emitters can benefit economically from shared transportation and storage infrastructure.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Carbon Capture Usage and Storage (CCUS) Technology market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Mitsubishi Heavy Industries (MHI)
Siemens Energy
Aker Solutions
Carbon Clean Solutions
Climeworks
Global Thermostat
Carbon Engineering
Occidental
C-Capture
Occidental Petroleum
Schlumberger
Shell
Segment by Type
Carbon Capture and Storage (CCS)
Carbon Capture and Utilization (CCU)
Carbon Capture and Conversion (CCC)
Segment by Application
Power Generation
Industrial Processes
Enhanced Oil Recovery (EOR)
Chemical and Fuel Production
Carbon Offsetting
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
The Carbon Capture Usage and Storage (CCUS) Technology report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Global market size, regional market size. Market Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6 to 10: Country Level Value Analysis
Chapter 11: Companies’ Outline
Chapter 12: Market Conclusions
Chapter 13: Research Methodology and Data Source
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Carbon Capture Usage and Storage (CCUS) Technology Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Carbon Capture and Storage (CCS)
1.2.3 Carbon Capture and Utilization (CCU)
1.2.4 Carbon Capture and Conversion (CCC)
1.3 Market by Application
1.3.1 Global Carbon Capture Usage and Storage (CCUS) Technology Market Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Power Generation
1.3.3 Industrial Processes
1.3.4 Enhanced Oil Recovery (EOR)
1.3.5 Chemical and Fuel Production
1.3.6 Carbon Offsetting
1.3.7 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Carbon Capture Usage and Storage (CCUS) Technology Market Perspective (2018-2029)
2.2 Carbon Capture Usage and Storage (CCUS) Technology Growth Trends by Region
2.2.1 Global Carbon Capture Usage and Storage (CCUS) Technology Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Carbon Capture Usage and Storage (CCUS) Technology Historic Market Size by Region (2018-2023)
2.2.3 Carbon Capture Usage and Storage (CCUS) Technology Forecasted Market Size by Region (2024-2029)
2.3 Carbon Capture Usage and Storage (CCUS) Technology Market Dynamics
2.3.1 Carbon Capture Usage and Storage (CCUS) Technology Industry Trends
2.3.2 Carbon Capture Usage and Storage (CCUS) Technology Market Drivers
2.3.3 Carbon Capture Usage and Storage (CCUS) Technology Market Challenges
2.3.4 Carbon Capture Usage and Storage (CCUS) Technology Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Carbon Capture Usage and Storage (CCUS) Technology Players by Revenue
3.1.1 Global Top Carbon Capture Usage and Storage (CCUS) Technology Players by Revenue (2018-2023)
3.1.2 Global Carbon Capture Usage and Storage (CCUS) Technology Revenue Market Share by Players (2018-2023)
3.2 Global Carbon Capture Usage and Storage (CCUS) Technology Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Carbon Capture Usage and Storage (CCUS) Technology Revenue
3.4 Global Carbon Capture Usage and Storage (CCUS) Technology Market Concentration Ratio
3.4.1 Global Carbon Capture Usage and Storage (CCUS) Technology Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Carbon Capture Usage and Storage (CCUS) Technology Revenue in 2022
3.5 Carbon Capture Usage and Storage (CCUS) Technology Key Players Head office and Area Served
3.6 Key Players Carbon Capture Usage and Storage (CCUS) Technology Product Solution and Service
3.7 Date of Enter into Carbon Capture Usage and Storage (CCUS) Technology Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Carbon Capture Usage and Storage (CCUS) Technology Breakdown Data by Type
4.1 Global Carbon Capture Usage and Storage (CCUS) Technology Historic Market Size by Type (2018-2023)
4.2 Global Carbon Capture Usage and Storage (CCUS) Technology Forecasted Market Size by Type (2024-2029)
5 Carbon Capture Usage and Storage (CCUS) Technology Breakdown Data by Application
5.1 Global Carbon Capture Usage and Storage (CCUS) Technology Historic Market Size by Application (2018-2023)
5.2 Global Carbon Capture Usage and Storage (CCUS) Technology Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America Carbon Capture Usage and Storage (CCUS) Technology Market Size (2018-2029)
6.2 North America Carbon Capture Usage and Storage (CCUS) Technology Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Carbon Capture Usage and Storage (CCUS) Technology Market Size by Country (2018-2023)
6.4 North America Carbon Capture Usage and Storage (CCUS) Technology Market Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Carbon Capture Usage and Storage (CCUS) Technology Market Size (2018-2029)
7.2 Europe Carbon Capture Usage and Storage (CCUS) Technology Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Carbon Capture Usage and Storage (CCUS) Technology Market Size by Country (2018-2023)
7.4 Europe Carbon Capture Usage and Storage (CCUS) Technology Market Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Carbon Capture Usage and Storage (CCUS) Technology Market Size (2018-2029)
8.2 Asia-Pacific Carbon Capture Usage and Storage (CCUS) Technology Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Carbon Capture Usage and Storage (CCUS) Technology Market Size by Region (2018-2023)
8.4 Asia-Pacific Carbon Capture Usage and Storage (CCUS) Technology Market Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Carbon Capture Usage and Storage (CCUS) Technology Market Size (2018-2029)
9.2 Latin America Carbon Capture Usage and Storage (CCUS) Technology Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Carbon Capture Usage and Storage (CCUS) Technology Market Size by Country (2018-2023)
9.4 Latin America Carbon Capture Usage and Storage (CCUS) Technology Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Carbon Capture Usage and Storage (CCUS) Technology Market Size (2018-2029)
10.2 Middle East & Africa Carbon Capture Usage and Storage (CCUS) Technology Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Carbon Capture Usage and Storage (CCUS) Technology Market Size by Country (2018-2023)
10.4 Middle East & Africa Carbon Capture Usage and Storage (CCUS) Technology Market Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Mitsubishi Heavy Industries (MHI)
11.1.1 Mitsubishi Heavy Industries (MHI) Company Detail
11.1.2 Mitsubishi Heavy Industries (MHI) Business Overview
11.1.3 Mitsubishi Heavy Industries (MHI) Carbon Capture Usage and Storage (CCUS) Technology Introduction
11.1.4 Mitsubishi Heavy Industries (MHI) Revenue in Carbon Capture Usage and Storage (CCUS) Technology Business (2018-2023)
11.1.5 Mitsubishi Heavy Industries (MHI) Recent Development
11.2 Siemens Energy
11.2.1 Siemens Energy Company Detail
11.2.2 Siemens Energy Business Overview
11.2.3 Siemens Energy Carbon Capture Usage and Storage (CCUS) Technology Introduction
11.2.4 Siemens Energy Revenue in Carbon Capture Usage and Storage (CCUS) Technology Business (2018-2023)
11.2.5 Siemens Energy Recent Development
11.3 Aker Solutions
11.3.1 Aker Solutions Company Detail
11.3.2 Aker Solutions Business Overview
11.3.3 Aker Solutions Carbon Capture Usage and Storage (CCUS) Technology Introduction
11.3.4 Aker Solutions Revenue in Carbon Capture Usage and Storage (CCUS) Technology Business (2018-2023)
11.3.5 Aker Solutions Recent Development
11.4 Carbon Clean Solutions
11.4.1 Carbon Clean Solutions Company Detail
11.4.2 Carbon Clean Solutions Business Overview
11.4.3 Carbon Clean Solutions Carbon Capture Usage and Storage (CCUS) Technology Introduction
11.4.4 Carbon Clean Solutions Revenue in Carbon Capture Usage and Storage (CCUS) Technology Business (2018-2023)
11.4.5 Carbon Clean Solutions Recent Development
11.5 Climeworks
11.5.1 Climeworks Company Detail
11.5.2 Climeworks Business Overview
11.5.3 Climeworks Carbon Capture Usage and Storage (CCUS) Technology Introduction
11.5.4 Climeworks Revenue in Carbon Capture Usage and Storage (CCUS) Technology Business (2018-2023)
11.5.5 Climeworks Recent Development
11.6 Global Thermostat
11.6.1 Global Thermostat Company Detail
11.6.2 Global Thermostat Business Overview
11.6.3 Global Thermostat Carbon Capture Usage and Storage (CCUS) Technology Introduction
11.6.4 Global Thermostat Revenue in Carbon Capture Usage and Storage (CCUS) Technology Business (2018-2023)
11.6.5 Global Thermostat Recent Development
11.7 Carbon Engineering
11.7.1 Carbon Engineering Company Detail
11.7.2 Carbon Engineering Business Overview
11.7.3 Carbon Engineering Carbon Capture Usage and Storage (CCUS) Technology Introduction
11.7.4 Carbon Engineering Revenue in Carbon Capture Usage and Storage (CCUS) Technology Business (2018-2023)
11.7.5 Carbon Engineering Recent Development
11.8 Occidental
11.8.1 Occidental Company Detail
11.8.2 Occidental Business Overview
11.8.3 Occidental Carbon Capture Usage and Storage (CCUS) Technology Introduction
11.8.4 Occidental Revenue in Carbon Capture Usage and Storage (CCUS) Technology Business (2018-2023)
11.8.5 Occidental Recent Development
11.9 C-Capture
11.9.1 C-Capture Company Detail
11.9.2 C-Capture Business Overview
11.9.3 C-Capture Carbon Capture Usage and Storage (CCUS) Technology Introduction
11.9.4 C-Capture Revenue in Carbon Capture Usage and Storage (CCUS) Technology Business (2018-2023)
11.9.5 C-Capture Recent Development
11.10 Occidental Petroleum
11.10.1 Occidental Petroleum Company Detail
11.10.2 Occidental Petroleum Business Overview
11.10.3 Occidental Petroleum Carbon Capture Usage and Storage (CCUS) Technology Introduction
11.10.4 Occidental Petroleum Revenue in Carbon Capture Usage and Storage (CCUS) Technology Business (2018-2023)
11.10.5 Occidental Petroleum Recent Development
11.11 Schlumberger
11.11.1 Schlumberger Company Detail
11.11.2 Schlumberger Business Overview
11.11.3 Schlumberger Carbon Capture Usage and Storage (CCUS) Technology Introduction
11.11.4 Schlumberger Revenue in Carbon Capture Usage and Storage (CCUS) Technology Business (2018-2023)
11.11.5 Schlumberger Recent Development
11.12 Shell
11.12.1 Shell Company Detail
11.12.2 Shell Business Overview
11.12.3 Shell Carbon Capture Usage and Storage (CCUS) Technology Introduction
11.12.4 Shell Revenue in Carbon Capture Usage and Storage (CCUS) Technology Business (2018-2023)
11.12.5 Shell Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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