Global Carbon Capture and Utilisation (CCU) Market Insights, Forecast to 2031

The global Carbon Capture and Utilisation (CCU) market is projected to grow from US$ 4,643.33 million in 2024 to US$ 7,556.23 million by 2031, at a Compound Annual Growth Rate (CAGR) of 7.47% during the forecast period.

The US & Canada market for Carbon Capture and Utilisation (CCU) is estimated to increase from $ 1,956.67 million in 2024 to reach $ 3,373.95 million by 2031, at a CAGR of 8.62% during the forecast period of 2025 through 2031.

The China market for Carbon Capture and Utilisation (CCU) is estimated to increase from $ 318.32 million in 2024 to reach $ 480.47 million by 2031, at a CAGR of 6.28% during the forecast period of 2025 through 2031.

The Europe market for Carbon Capture and Utilisation (CCU) is estimated to increase from $ 1,368.25 million in 2024 to reach $ 2,167.87 million by 2031, at a CAGR of 6.70% during the forecast period of 2025 through 2031.

The global key companies of Carbon Capture and Utilisation (CCU) include Exxon Mobil, Aker Solutions (SLB), Linde PLC, Mitsubishi, Huaneng, BASF, Halliburton, Siemens AG, and General Electric, etc. In 2024, the global top five players had a share approximately 40.73% in terms of revenue.

Report Includes

This report presents an overview of global market for Carbon Capture and Utilisation (CCU) market size. Analyses of the global market trends, with historic market revenue data for 2020 - 2024, estimates for 2024, and projections of CAGR through 2031.

This report researches the key producers of Carbon Capture and Utilisation (CCU), also provides the revenue of main regions and countries. Highlights of the upcoming market potential for Carbon Capture and Utilisation (CCU), and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Carbon Capture and Utilisation (CCU) revenue, market share and industry ranking of main companies, data from 2020 to 2024. Identification of the major stakeholders in the global Carbon Capture and Utilisation (CCU) market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, revenue, and growth rate, from 2020 to 2031. Evaluation and forecast the market size for Carbon Capture and Utilisation (CCU) revenue, projected growth trends, production technology, application and end-user industry.

Descriptive company profiles of the major global players, including Exxon Mobil, Aker Solutions (SLB), Linde PLC, Mitsubishi, Huaneng, BASF, Halliburton, Siemens AG, and General Electric, etc.

Market Segmentation

By Company

Exxon Mobil

Aker Solutions (SLB)

Mitsubishi

BASF

General Electric

Siemens AG

Equinor

Linde PLC

Huaneng

Halliburton

Honeywell UOP

Sinopec

Shell

Sulzer

JX Nippon (ENEOS)

Carbonfree

Fluor Corporation

Segment by Type

Pre-Combustion Carbon Capture

Oxy-Combustion Carbon Capture

Post-Combustion Carbon Capture

Segment by Application

Oil & Gas

Power Generation

Others

By Region

US & Canada

United States

Canada

China

Asia (excluding China)

Japan

South Korea

Southeast Asia

India

Australia

Others

Europe

Germany

France

U.K.

Italy

Russia

Nordic

Rest of Europe

Middle East, Africa, and Latin America

Brazil

Mexico

Turkey

Saudi Arabia

GCC Countries

Others

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. 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 2: Revenue of Carbon Capture and Utilisation (CCU) in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world. 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 3: Detailed analysis of Carbon Capture and Utilisation (CCU) companies’ competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by Type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by Application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: North America (US & Canada) by Type, by Application and by country, revenue for each segment.

Chapter 7: Europe by Type, by Application and by country, revenue for each segment.

Chapter 8: China by Type, and by Application, revenue for each segment.

Chapter 9: Asia (excluding China) by Type, by Application and by region, revenue for each segment.

Chapter 10: Middle East, Africa, and Latin America by Type, by Application and by country, revenue for each segment.

Chapter 11: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Carbon Capture and Utilisation (CCU) revenue, gross margin, and recent development, etc.

Chapter 12: Analyst's Viewpoints/Conclusions


1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Carbon Capture and Utilisation (CCU) Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 Pre-Combustion Carbon Capture
1.2.3 Oxy-Combustion Carbon Capture
1.2.4 Post-Combustion Carbon Capture
1.3 Market by Application
1.3.1 Global Carbon Capture and Utilisation (CCU) Market Share by Application: 2020 VS 2024 VS 2031
1.3.2 Oil & Gas
1.3.3 Power Generation
1.3.4 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Carbon Capture and Utilisation (CCU) Market Perspective (2020-2031)
2.2 Global Carbon Capture and Utilisation (CCU) Growth Trends by Region
2.2.1 Global Carbon Capture and Utilisation (CCU) Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 Carbon Capture and Utilisation (CCU) Historic Market Size by Region (2020-2025)
2.2.3 Carbon Capture and Utilisation (CCU) Forecasted Market Size by Region (2026-2031)
2.3 Carbon Capture and Utilisation (CCU) Market Dynamics
2.3.1 Carbon Capture and Utilisation (CCU) Industry Trends
2.3.2 Carbon Capture and Utilisation (CCU) Market Drivers
2.3.3 Carbon Capture and Utilisation (CCU) Market Challenges
2.3.4 Carbon Capture and Utilisation (CCU) Market Restraints
3 Competition Landscape by Key Players
3.1 Global Revenue Carbon Capture and Utilisation (CCU) by Players
3.1.1 Global Carbon Capture and Utilisation (CCU) Revenue by Players (2020-2025)
3.1.2 Global Carbon Capture and Utilisation (CCU) Revenue Market Share by Players (2020-2025)
3.2 Global Carbon Capture and Utilisation (CCU) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players of Carbon Capture and Utilisation (CCU), Ranking by Revenue, 2023 VS 2024 VS 2025
3.4 Global Carbon Capture and Utilisation (CCU) Market Concentration Ratio
3.4.1 Global Carbon Capture and Utilisation (CCU) Market Concentration Ratio (CR5)
3.4.2 Global Top 10 and Top 5 Companies by Carbon Capture and Utilisation (CCU) Revenue in 2024
3.5 Global Key Players of Carbon Capture and Utilisation (CCU) Head office and Area Served
3.6 Global Key Players of Carbon Capture and Utilisation (CCU), Product and Application
3.7 Global Key Players of Carbon Capture and Utilisation (CCU), Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Carbon Capture and Utilisation (CCU) Breakdown Data by Type
4.1 Global Carbon Capture and Utilisation (CCU) Historic Market Size by Type (2020-2025)
4.2 Global Carbon Capture and Utilisation (CCU) Forecasted Market Size by Type (2026-2031)
5 Carbon Capture and Utilisation (CCU) Breakdown Data by Application
5.1 Global Carbon Capture and Utilisation (CCU) Historic Market Size by Application (2020-2025)
5.2 Global Carbon Capture and Utilisation (CCU) Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America Carbon Capture and Utilisation (CCU) Market Size (2020-2031)
6.2 North America Carbon Capture and Utilisation (CCU) Market Size by Type
6.2.1 North America Carbon Capture and Utilisation (CCU) Market Size by Type (2020-2025)
6.2.2 North America Carbon Capture and Utilisation (CCU) Market Size by Type (2026-2031)
6.2.3 North America Carbon Capture and Utilisation (CCU) Market Share by Type (2020-2031)
6.3 North America Carbon Capture and Utilisation (CCU) Market Size by Application
6.3.1 North America Carbon Capture and Utilisation (CCU) Market Size by Application (2020-2025)
6.3.2 North America Carbon Capture and Utilisation (CCU) Market Size by Application (2026-2031)
6.3.3 North America Carbon Capture and Utilisation (CCU) Market Share by Application (2020-2031)
6.4 North America Carbon Capture and Utilisation (CCU) Market Size by Country
6.4.1 North America Carbon Capture and Utilisation (CCU) Market Size by Country: 2020 VS 2024 VS 2031
6.4.2 North America Carbon Capture and Utilisation (CCU) Market Size by Country (2020-2025)
6.4.3 North America Carbon Capture and Utilisation (CCU) Market Share by Country (2026-2031)
6.4.4 United States
6.4.5 Canada
7 Europe
7.1 Europe Carbon Capture and Utilisation (CCU) Market Size (2020-2031)
7.2 Europe Carbon Capture and Utilisation (CCU) Market Size by Type
7.2.1 Europe Carbon Capture and Utilisation (CCU) Market Size by Type (2020-2025)
7.2.2 Europe Carbon Capture and Utilisation (CCU) Market Size by Type (2026-2031)
7.2.3 Europe Carbon Capture and Utilisation (CCU) Market Share by Type (2020-2031)
7.3 Europe Carbon Capture and Utilisation (CCU) Market Size by Application
7.3.1 Europe Carbon Capture and Utilisation (CCU) Market Size by Application (2020-2025)
7.3.2 Europe Carbon Capture and Utilisation (CCU) Market Size by Application (2026-2031)
7.3.3 Europe Carbon Capture and Utilisation (CCU) Market Share by Application (2020-2031)
7.4 Europe Carbon Capture and Utilisation (CCU) Market Size by Country
7.4.1 Europe Carbon Capture and Utilisation (CCU) Market Size by Country: 2020 VS 2024 VS 2031
7.4.2 Europe Carbon Capture and Utilisation (CCU) Market Size by Country (2020-2025)
7.4.3 Europe Carbon Capture and Utilisation (CCU) Market Size by Country (2026-2031)
7.4.4 Germany
7.4.5 France
7.4.6 U.K.
7.4.7 Italy
7.4.8 Russia
7.4.9 Nordic Countries
8 China
8.1 China Carbon Capture and Utilisation (CCU) Market Size (2020-2031)
8.2 China Carbon Capture and Utilisation (CCU) Market Size by Type
8.2.1 China Carbon Capture and Utilisation (CCU) Market Size by Type (2020-2025)
8.2.2 China Carbon Capture and Utilisation (CCU) Market Size by Type (2026-2031)
8.2.3 China Carbon Capture and Utilisation (CCU) Market Share by Type (2020-2031)
8.3 China Carbon Capture and Utilisation (CCU) Market Size by Application
8.3.1 China Carbon Capture and Utilisation (CCU) Market Size by Application (2020-2025)
8.3.2 China Carbon Capture and Utilisation (CCU) Market Size by Application (2026-2031)
8.3.3 China Carbon Capture and Utilisation (CCU) Market Share by Application (2020-2031)
9 Asia (excluding China)
9.1 Asia Carbon Capture and Utilisation (CCU) Market Size (2020-2031)
9.2 Asia Carbon Capture and Utilisation (CCU) Market Size by Type
9.2.1 Asia Carbon Capture and Utilisation (CCU) Market Size by Type (2020-2025)
9.2.2 Asia Carbon Capture and Utilisation (CCU) Market Size by Type (2026-2031)
9.2.3 Asia Carbon Capture and Utilisation (CCU) Market Share by Type (2020-2031)
9.3 Asia Carbon Capture and Utilisation (CCU) Market Size by Application
9.3.1 Asia Carbon Capture and Utilisation (CCU) Market Size by Application (2020-2025)
9.3.2 Asia Carbon Capture and Utilisation (CCU) Market Size by Application (2026-2031)
9.3.3 Asia Carbon Capture and Utilisation (CCU) Market Share by Application (2020-2031)
9.4 Asia Carbon Capture and Utilisation (CCU) Market Size by Region
9.4.1 Asia Carbon Capture and Utilisation (CCU) Market Size by Region: 2020 VS 2024 VS 2031
9.4.2 Asia Carbon Capture and Utilisation (CCU) Market Size by Region (2020-2025)
9.4.3 Asia Carbon Capture and Utilisation (CCU) Market Size by Region (2026-2031)
9.4.4 Japan
9.4.5 South Korea
9.4.6 Southeast Asia
9.4.7 India
9.4.8 Australia
10 Middle East, Africa, and Latin America
10.1 Middle East, Africa, and Latin America Carbon Capture and Utilisation (CCU) Market Size (2020-2031)
10.2 Middle East, Africa, and Latin America Carbon Capture and Utilisation (CCU) Market Size by Type
10.2.1 Middle East, Africa, and Latin America Carbon Capture and Utilisation (CCU) Market Size by Type (2020-2025)
10.2.2 Middle East, Africa, and Latin America Carbon Capture and Utilisation (CCU) Market Size by Type (2026-2031)
10.2.3 Middle East, Africa, and Latin America Carbon Capture and Utilisation (CCU) Market Share by Type (2020-2031)
10.3 Middle East, Africa, and Latin America Carbon Capture and Utilisation (CCU) Market Size by Application
10.3.1 Middle East, Africa, and Latin America Carbon Capture and Utilisation (CCU) Market Size by Application (2020-2025)
10.3.2 Middle East, Africa, and Latin America Carbon Capture and Utilisation (CCU) Market Size by Application (2026-2031)
10.3.3 Middle East, Africa, and Latin America Carbon Capture and Utilisation (CCU) Market Share by Application (2020-2031)
10.4 Middle East, Africa, and Latin America Carbon Capture and Utilisation (CCU) Market Size by Country
10.4.1 Middle East, Africa, and Latin America Carbon Capture and Utilisation (CCU) Market Size by Country: 2020 VS 2024 VS 2031
10.4.2 Middle East, Africa, and Latin America Carbon Capture and Utilisation (CCU) Market Size by Country (2020-2025)
10.4.3 Middle East, Africa, and Latin America Carbon Capture and Utilisation (CCU) Market Size by Country (2026-2031)
10.4.4 Brazil
10.4.5 Mexico
10.4.6 Turkey
10.4.7 Saudi Arabia
10.4.8 GCC Countries
11 Key Players Profiles
11.1 Exxon Mobil
11.1.1 Exxon Mobil Company Details
11.1.2 Exxon Mobil Business Overview
11.1.3 Exxon Mobil Carbon Capture and Utilisation (CCU) Introduction
11.1.4 Exxon Mobil Revenue in Carbon Capture and Utilisation (CCU) Business (2020-2025)
11.1.5 Exxon Mobil Recent Development
11.2 Aker Solutions (SLB)
11.2.1 Aker Solutions (SLB) Company Details
11.2.2 Aker Solutions (SLB) Business Overview
11.2.3 Aker Solutions (SLB) Carbon Capture and Utilisation (CCU) Introduction
11.2.4 Aker Solutions (SLB) Revenue in Carbon Capture and Utilisation (CCU) Business (2020-2025)
11.2.5 Aker Solutions (SLB) Recent Development
11.3 Mitsubishi
11.3.1 Mitsubishi Company Details
11.3.2 Mitsubishi Business Overview
11.3.3 Mitsubishi Carbon Capture and Utilisation (CCU) Introduction
11.3.4 Mitsubishi Revenue in Carbon Capture and Utilisation (CCU) Business (2020-2025)
11.3.5 Mitsubishi Recent Development
11.4 BASF
11.4.1 BASF Company Details
11.4.2 BASF Business Overview
11.4.3 BASF Carbon Capture and Utilisation (CCU) Introduction
11.4.4 BASF Revenue in Carbon Capture and Utilisation (CCU) Business (2020-2025)
11.4.5 BASF Recent Development
11.5 General Electric
11.5.1 General Electric Company Details
11.5.2 General Electric Business Overview
11.5.3 General Electric Carbon Capture and Utilisation (CCU) Introduction
11.5.4 General Electric Revenue in Carbon Capture and Utilisation (CCU) Business (2020-2025)
11.5.5 General Electric Recent Development
11.6 Siemens AG
11.6.1 Siemens AG Company Details
11.6.2 Siemens AG Business Overview
11.6.3 Siemens AG Carbon Capture and Utilisation (CCU) Introduction
11.6.4 Siemens AG Revenue in Carbon Capture and Utilisation (CCU) Business (2020-2025)
11.6.5 Siemens AG Recent Development
11.7 Equinor
11.7.1 Equinor Company Details
11.7.2 Equinor Business Overview
11.7.3 Equinor Carbon Capture and Utilisation (CCU) Introduction
11.7.4 Equinor Revenue in Carbon Capture and Utilisation (CCU) Business (2020-2025)
11.7.5 Equinor Recent Development
11.8 Linde PLC
11.8.1 Linde PLC Company Details
11.8.2 Linde PLC Business Overview
11.8.3 Linde PLC Carbon Capture and Utilisation (CCU) Introduction
11.8.4 Linde PLC Revenue in Carbon Capture and Utilisation (CCU) Business (2020-2025)
11.8.5 Linde PLC Recent Development
11.9 Huaneng
11.9.1 Huaneng Company Details
11.9.2 Huaneng Business Overview
11.9.3 Huaneng Carbon Capture and Utilisation (CCU) Introduction
11.9.4 Huaneng Revenue in Carbon Capture and Utilisation (CCU) Business (2020-2025)
11.9.5 Huaneng Recent Development
11.10 Halliburton
11.10.1 Halliburton Company Details
11.10.2 Halliburton Business Overview
11.10.3 Halliburton Carbon Capture and Utilisation (CCU) Introduction
11.10.4 Halliburton Revenue in Carbon Capture and Utilisation (CCU) Business (2020-2025)
11.10.5 Halliburton Recent Development
11.11 Honeywell UOP
11.11.1 Honeywell UOP Company Details
11.11.2 Honeywell UOP Business Overview
11.11.3 Honeywell UOP Carbon Capture and Utilisation (CCU) Introduction
11.11.4 Honeywell UOP Revenue in Carbon Capture and Utilisation (CCU) Business (2020-2025)
11.11.5 Honeywell UOP Recent Development
11.12 Sinopec
11.12.1 Sinopec Company Details
11.12.2 Sinopec Business Overview
11.12.3 Sinopec Carbon Capture and Utilisation (CCU) Introduction
11.12.4 Sinopec Revenue in Carbon Capture and Utilisation (CCU) Business (2020-2025)
11.12.5 Sinopec Recent Development
11.13 Shell
11.13.1 Shell Company Details
11.13.2 Shell Business Overview
11.13.3 Shell Carbon Capture and Utilisation (CCU) Introduction
11.13.4 Shell Revenue in Carbon Capture and Utilisation (CCU) Business (2020-2025)
11.13.5 Shell Recent Development
11.14 Sulzer
11.14.1 Sulzer Company Details
11.14.2 Sulzer Business Overview
11.14.3 Sulzer Carbon Capture and Utilisation (CCU) Introduction
11.14.4 Sulzer Revenue in Carbon Capture and Utilisation (CCU) Business (2020-2025)
11.14.5 Sulzer Recent Development
11.15 JX Nippon (ENEOS)
11.15.1 JX Nippon (ENEOS) Company Details
11.15.2 JX Nippon (ENEOS) Business Overview
11.15.3 JX Nippon (ENEOS) Carbon Capture and Utilisation (CCU) Introduction
11.15.4 JX Nippon (ENEOS) Revenue in Carbon Capture and Utilisation (CCU) Business (2020-2025)
11.15.5 JX Nippon (ENEOS) Recent Development
11.16 Carbonfree
11.16.1 Carbonfree Company Details
11.16.2 Carbonfree Business Overview
11.16.3 Carbonfree Carbon Capture and Utilisation (CCU) Introduction
11.16.4 Carbonfree Revenue in Carbon Capture and Utilisation (CCU) Business (2020-2025)
11.16.5 Carbonfree Recent Development
11.17 Fluor Corporation
11.17.1 Fluor Corporation Company Details
11.17.2 Fluor Corporation Business Overview
11.17.3 Fluor Corporation Carbon Capture and Utilisation (CCU) Introduction
11.17.4 Fluor Corporation Revenue in Carbon Capture and Utilisation (CCU) Business (2020-2025)
11.17.5 Fluor Corporation 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 Author Details
13.3 Disclaimer
List of Tables
Table 1. Global Carbon Capture and Utilisation (CCU) Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031
Table 2. Key Players of Pre-Combustion Carbon Capture
Table 3. Key Players of Oxy-Combustion Carbon Capture
Table 4. Key Players of Post-Combustion Carbon Capture
Table 5. Global Carbon Capture and Utilisation (CCU) Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031
Table 6. Global Carbon Capture and Utilisation (CCU) Market Size Growth Rate (CAGR) by Region (US$ Million): 2020 VS 2024 VS 2031
Table 7. Global Carbon Capture and Utilisation (CCU) Market Size by Region (2020-2025) & (US$ Million)
Table 8. Global Carbon Capture and Utilisation (CCU) Market Share by Region (2020-2025)
Table 9. Global Carbon Capture and Utilisation (CCU) Forecasted Market Size by Region (2026-2031) & (US$ Million)
Table 10. Global Carbon Capture and Utilisation (CCU) Market Share by Region (2026-2031)
Table 11. Carbon Capture and Utilisation (CCU) Market Trends
Table 12. Carbon Capture and Utilisation (CCU) Market Drivers
Table 13. Carbon Capture and Utilisation (CCU) Market Challenges
Table 14. Carbon Capture and Utilisation (CCU) Market Restraints
Table 15. Global Carbon Capture and Utilisation (CCU) Revenue by Players (2020-2025) & (US$ Million)
Table 16. Global Carbon Capture and Utilisation (CCU) Market Share by Players (2020-2025)
Table 17. Global Top Carbon Capture and Utilisation (CCU) Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Carbon Capture and Utilisation (CCU) as of 2024)
Table 18. Global Carbon Capture and Utilisation (CCU) Industry Ranking 2023 VS 2024
Table 19. Global 5 Largest Players Market Share by Carbon Capture and Utilisation (CCU) Revenue (CR5 and HHI) & (2020-2025)
Table 20. Global Key Players of Carbon Capture and Utilisation (CCU), Headquarters and Area Served

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