Global Carbon Capture and Storage Market 2024 by Company, Regions, Type and Application, Forecast to 2030
Carbon capture and storage (CCS) (or carbon capture and sequestration or carbon control and sequestration) is the process of capturing waste carbon dioxide (CO2) from large point sources, such as fossil fuel power plants, transporting it to a storage site, and depositing it where it will not enter the atmosphere, normally an underground geological formation. The aim is to prevent the release of large quantities of CO2 into the atmosphere (from fossil fuel use in power generation and other industries). It is a potential means of mitigating the contribution of fossil fuel emissions to global warming and ocean acidification. Although CO2 has been injected into geological formations for several decades for various purposes, including enhanced oil recovery, the long term storage of CO2 is a relatively new concept.
According to our (Global Info Research) latest study, the global Carbon Capture and Storage market size was valued at US$ 4317 million in 2023 and is forecast to a readjusted size of USD 6403 million by 2030 with a CAGR of 5.9% during review period.
The main Carbon Capture and Storage players include Exxonmobil Corporation, Schlumberger, Linde AG, Halliburton, etc. The top four Carbon Capture and Storage players account for approximately 35% of the total global market. America is the largest consumer market for Carbon Capture and Storage accounting for about 49%, followed by Asia Pacific and Europe. In terms of Type, S Post-Combustion Carbon Capture is the largest segment with a share of 83%. And in terms of Applications, the largest segment is Oil & Gas, followed by Power Generation.
This report is a detailed and comprehensive analysis for global Carbon Capture and Storage market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Carbon Capture and Storage market size and forecasts, in consumption value ($ Million), 2019-2030
Global Carbon Capture and Storage market size and forecasts by region and country, in consumption value ($ Million), 2019-2030
Global Carbon Capture and Storage market size and forecasts, by Type and by Application, in consumption value ($ Million), 2019-2030
Global Carbon Capture and Storage market shares of main players, in revenue ($ Million), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Carbon Capture and Storage
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Carbon Capture and Storage market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Exxonmobil Corporation, Schlumberger, Huaneng, Linde AG, Halliburton, BASF, General Electric, Siemens, Honeywell UOP, Sulzer, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Carbon Capture and Storage market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segmentation
Carbon Capture and Storage market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Pre-Combustion Carbon Capture
Oxy-Combustion Carbon Capture
Post-Combustion Carbon Capture
Market segment by Application
Oil & Gas
Power Generation
Others
Market segment by players, this report covers
Exxonmobil Corporation
Schlumberger
Huaneng
Linde AG
Halliburton
BASF
General Electric
Siemens
Honeywell UOP
Sulzer
Equinor
NRG
AkerSolutions
Shell
Skyonic Corp.
Mitsubishi Hitachi
Fluor
Sinopec
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Carbon Capture and Storage product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Carbon Capture and Storage, with revenue, gross margin, and global market share of Carbon Capture and Storage from 2019 to 2024.
Chapter 3, the Carbon Capture and Storage competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Carbon Capture and Storage market forecast, by regions, by Type and by Application, with consumption value, from 2024 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Carbon Capture and Storage.
Chapter 13, to describe Carbon Capture and Storage research findings and conclusion.