Global CCUS Absorption Market Growth (Status and Outlook) 2024-2030

Global CCUS Absorption Market Growth (Status and Outlook) 2024-2030

Carbon Capture, Utilization, and Storage (CCUS) absorption refers to the process of capturing carbon dioxide (CO2) from industrial and energy-related sources, utilizing it in various applications, and storing it to prevent its release into the atmosphere. Absorption is one of the primary methods used in the capture phase of CCUS.

The global CCUS Absorption market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.

LPI (LP Information)' newest research report, the “CCUS Absorption Industry Forecast” looks at past sales and reviews total world CCUS Absorption sales in 2022, providing a comprehensive analysis by region and market sector of projected CCUS Absorption sales for 2023 through 2029. With CCUS Absorption sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world CCUS Absorption industry.

This Insight Report provides a comprehensive analysis of the global CCUS Absorption landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on CCUS Absorption portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global CCUS Absorption market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for CCUS Absorption and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global CCUS Absorption.

United States market for CCUS Absorption is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for CCUS Absorption is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for CCUS Absorption is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key CCUS Absorption players cover ExxonMobil Corporation, Royal Dutch Shell Plc, TotalEnergies SE, Chevron, General Electric, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of CCUS Absorption market by product type, application, key players and key regions and countries.

Segmentation by Type:
Physical Absorption
Chemical Absorption

Segmentation by Application:
Power Generation
Oil & Gas
Chemical & Petrochemical
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

Segmentation by Type:
Physical Absorption
Chemical Absorption

Segmentation by Application:
Power Generation
Oil & Gas
Chemical & Petrochemical
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ExxonMobil Corporation
Royal Dutch Shell Plc
TotalEnergies SE
Chevron
General Electric
Siemens AG
Honeywell International Inc.
BASF SE
Fluor Corporation
Schlumberger Ltd.
Mitsubishi Heavy Industries Ltd.
Hitachi Ltd.
Equinor ASA
Aker Solutions
JGC Holdings Corporation
Ion Clean Energy

Please note: The report will take approximately 2 business days to prepare and deliver.