Carbon Capture, Utilization, and Storage Market Size, Share, and Outlook, 2025 Report- By Service (Capture, Transportation, Utilization, Storage), By Technology (Chemical Looping, Solvents & Sorbents, Membranes, Others), By End-User (Oil & Gas, Power Gene

Carbon Capture Utilization and Storage Market Outlook

Carbon Capture, Utilization, and Storage Market Size is forecast to reach $12.1 Billion in 2032 from $4.9 Billion in 2025, at an optimistic growth rate of 13.5% from 2025 to 2032.. The Carbon Capture Utilization and Storage market is a thriving business that is poised to keep growing and presents potential growth opportunities for companies across the industry value chain.

The comprehensive market research report presents 12-year historic and forecast data on Carbon Capture Utilization and Storage segments across 22 countries from 2021 to 2032. Key segments in the report include By Service (Capture, Transportation, Utilization, Storage), By Technology (Chemical Looping, Solvents & Sorbents, Membranes, Others), By End-User (Oil & Gas, Power Generation, Chemicals & Petrochemicals, Cement, Iron & Steel, Others). Over 70 tables and charts showcase findings from our latest survey report on Carbon Capture Utilization and Storage markets.

Carbon Capture Utilization and Storage Market Insights, 2025

The CCUS market is witnessing strong growth as industries focus on reducing carbon emissions and achieving net-zero targets. Governments and major corporations are investing in large-scale CCUS projects for power plants, cement production, and hydrogen generation. Advances in direct air capture (DAC) and carbon mineralization technologies are improving efficiency and scalability. Additionally, the use of captured CO₂ in enhanced oil recovery (EOR), synthetic fuels, and building materials is creating new revenue streams.

Five Trends that will define global Carbon Capture Utilization and Storage market in 2025 and Beyond

A closer look at the multi-million global market for Carbon Capture Utilization and Storage identifies rapidly shifting consumer preferences across categories. By focusing on growth and resilience, leading Carbon Capture Utilization and Storage companies are prioritizing their investments across categories, markets, and geographies. The report analyses the most important market trends shaping the new landscape to support better decisions for the long and short-term future.

What are the biggest opportunities for growth in the Carbon Capture Utilization and Storage industry?

The Carbon Capture Utilization and Storage sector demonstrated remarkable resilience over the past year across developed and developing economies. Further, the market presents significant opportunities to leverage the existing momentum towards actions by 2030. On the other hand, recent macroeconomic developments including rising inflation and supply chain disruptions are putting pressure on companies. The chapter assists users to identify growth avenues and address business challenges to make informed commercial decisions with unique insights, data forecasts, and in-depth market analyses.

Carbon Capture Utilization and Storage Market Segment Insights

The Carbon Capture Utilization and Storage industry presents strong offers across categories. The analytical report offers forecasts of Carbon Capture Utilization and Storage industry performance across segments and countries. Key segments in the industry include- By Service (Capture, Transportation, Utilization, Storage), By Technology (Chemical Looping, Solvents & Sorbents, Membranes, Others), By End-User (Oil & Gas, Power Generation, Chemicals & Petrochemicals, Cement, Iron & Steel, Others). The largest types, applications, and sales channels, fastest growing segments, and the key factors driving each of the categories are included in the report.

Forecasts of each segment across five regions are provided from 2021 through 2032 for Asia Pacific, North America, Europe, South America, Middle East, and African regions. In addition, Carbon Capture Utilization and Storage market size outlook is provided for 22 countries across these regions.

Market Value Chain

The chapter identifies potential companies and their operations across the global Carbon Capture Utilization and Storage industry ecosystem. It assists decision-makers in evaluating global Carbon Capture Utilization and Storage market fundamentals, market dynamics, and disruptive trends across the value chain segments.

Scenario Analysis and Forecasts

Strategic decision-making in the Carbon Capture Utilization and Storage industry is multi-faceted with the increased need for planning across scenarios. The report provides forecasts across three case scenarios- low growth, reference case, and high growth cases.

Asia Pacific Carbon Capture Utilization and Storage Market Analysis- A Promising Growth Arena for Business Expansion

As companies increasingly expand across promising Asia Pacific markets with a combined population of over 4.5 billion, the medium-to-long-term future remains robust. The presence of the fastest-growing economies such as China, India, Thailand, Indonesia, and Vietnam coupled with strengthening middle-class populations and rising disposable incomes drive the market. In particular, China and India are witnessing rapid shifts in consumer purchasing behavior. China is recovering steadily with optimistic forecasts for 2025. Further, Japanese and South Korean markets remain stable with most companies focusing on new product launches and diversification of sales channels.

The State of Europe Carbon Capture Utilization and Storage Industry 2025- Focus on Accelerating Competitiveness

As companies opt for an integrated agenda for competitiveness, the year 2025 presents optimistic scenarios for companies across the ecosystem. With signs of economic recovery across markets, companies are increasing their investments. Europe is one of the largest markets for Carbon Capture Utilization and Storage with demand from both Western Europe and Eastern European regions increasing over the medium to long-term future. Increasing omnichannel shopping amidst robust consumer demand for value purchases shapes the market outlook. The report analyses the key Carbon Capture Utilization and Storage market drivers and opportunities across Germany, France, the United Kingdom, Spain, Italy, Russia, and other Europe.

The US Carbon Capture Utilization and Storage market Insights- Executives are most excited about opportunities for the US Carbon Capture Utilization and Storage industry.

Easing inflation coupled with strengthening consumer sentiment is encouraging aggressive actions from the US Carbon Capture Utilization and Storage companies. Market players consistently focusing on innovation and pursuing new ways to create value are set to excel in 2025. In addition, the Canadian and Mexican markets offer lucrative growth pockets for manufacturers and vendors. Focus on private-brand offerings and promotions, diversified sales channels, expansion into niche segments, adoption of advanced technologies, and sustainability are widely observed across the North American Carbon Capture Utilization and Storage market.

Latin American Carbon Capture Utilization and Storage market outlook rebounds in line with economic growth.

Underlying demand remains higher among urban consumers with an optimistic economic outlook across Brazil, Argentina, Chile, and other South and Central American countries. Increased consumer spending has been reported since H2-2024 and the prospects remain strong for 2025. Aggressive ecosystem moves to create new sources of income are widely observed across markets in the region. Marketing activities focused on customer insights, operations, and support functions are quickly gaining business growth in the region.

Middle East and Africa Carbon Capture Utilization and Storage Markets- New Opportunities for Companies Harnessing Diversity

Rapid growth in burgeoning urban locations coupled with a young and fast-growing population base is attracting new investments in the Middle East and African Carbon Capture Utilization and Storage markets. Designing expansion and marketing strategies to cater to the local consumer base supports the market prospects. In addition to Nigeria, Algeria, South Africa, and other markets, steady growth markets in Ethiopia, Rwanda, Ghana, Tanzania, the Democratic Republic of Congo, and others present significant prospects for companies. On the other hand, Middle Eastern Carbon Capture Utilization and Storage markets including the UAE, Saudi Arabia, Qatar, and Oman continue to offer lucrative pockets of growth.

Competitive Landscape- How Carbon Capture Utilization and Storage companies outcompete in 2025?

The ability to respond quickly to evolving consumer preferences and adapt businesses to niche consumer segments remains a key growth factor. The report identifies the leading companies in the industry and provides their revenue for 2024. The market shares of each company are also included in the report. Further, business profiles, SWOT analysis, and financial analysis of each company are provided in detail. Key companies analyzed in the report include Aker Solutions, Equinor ASA, ExxonMobil Corp, Fluor Corp, Honeywell International, JGC Holdings, Linde Plc, Mitsubishi Heavy Industries Ltd, Royal Dutch Shell Plc, Schlumberger Ltd.

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  • Assess the impact of advanced technologies and identify growth opportunities based on actionable data and insights.
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1. Table of Contents
List of Figures and Tables
2. Executive Summary
2.1 Key Highlights
2.1.1 Carbon Capture Utilization and Storage Market Size Outlook, 2018-2024 and 2025-2032
2.1.2 Largest Carbon Capture Utilization and Storage Market Types and Applications
2.1.3 Fastest Growing Segments
2.1.4 Potential Markets
2.1.5 Market Concentration
2.2 Market Scope and Segmentation
2.2.1 Market Scope- Segments
2.2.2 Market Scope- Countries
2.2.3 Macroeconomic and Demographic Outlook
2.2.4 Abbreviations
2.2.5 Units and Currency Conversions
3. Research Methodology
3.1 Primary Research Surveys
3.2 Secondary Data Sources
3.3 Data Triangulation
3.4 Forecast Methodology
3.5 Assumptions and Limitations
4. Introduction to Global Carbon Capture Utilization and Storage Market in 2025
4.1 Industry Panorama
4.2 Leading Companies Profiled in the Study
4.3 Asia Pacific Markets offer Robust Market Prospects for New Entrants
4.4 Market Dynamics
4.4.1 Market Dynamics- Trends and Drivers
4.4.2 Market Dynamics- Opportunities and Challenges
4.5 Regional Analysis
4.6 Porter’s Five Force Analysis
4.6.1 Intensity of Competitive Rivalry
4.6.2 Threat of New Entrants
4.6.3 Threat of Substitutes
4.6.4 Bargaining Power of Buyers
4.6.5 Bargaining Power of Suppliers
4.7 Carbon Capture Utilization and Storage Industry Value Chain Analysis
4.7.1 Stage of Value Chain
4.7.2 Key Activities of Companies
4.7.3 Companies Included in Each Stage
4.7.4 Key Insights
5. Carbon Capture Utilization and Storage Market Outlook to 2032
5.1 Market Size Forecast by Type, 2021-2024 and 2025-2032
5.2 Market Size Forecast by Application, 2021-2024 and 2024-2032
5.3 Market Size Forecast by Geography, 2021-2024 and 2024-2032
By Service
Capture
Transportation
Utilization
Storage
By Technology
Chemical Looping
Solvents & Sorbents
Membranes
Others
By End-User
Oil & Gas
Power Generation
Chemicals & Petrochemicals
Cement
Iron & Steel
Others
6. Global Carbon Capture Utilization and Storage Market Outlook across Growth Scenarios
6.1 Low Growth Scenario
6.2 Base/Reference Case
6.3 High Growth Scenario
6. North America Carbon Capture Utilization and Storage Market Size Outlook
6.1 Key Market Statistics, 2024
6.2 North America Carbon Capture Utilization and Storage Market Trends and Growth Opportunities
6.2.1 North America Carbon Capture Utilization and Storage Market Outlook by Type
6.2.2 North America Carbon Capture Utilization and Storage Market Outlook by Application
6.3 North America Carbon Capture Utilization and Storage Market Outlook by Country
6.3.1 The US Carbon Capture Utilization and Storage Market Outlook, 2021- 2032
6.3.2 Canada Carbon Capture Utilization and Storage Market Outlook, 2021- 2032
6.3.3 Mexico Carbon Capture Utilization and Storage Market Outlook, 2021- 2032
7. Europe Carbon Capture Utilization and Storage Market Size Outlook
7.1 Key Market Statistics, 2024
7.2 Europe Carbon Capture Utilization and Storage Market Trends and Growth Opportunities
7.2.1 Europe Carbon Capture Utilization and Storage Market Outlook by Type
7.2.2 Europe Carbon Capture Utilization and Storage Market Outlook by Application
7.3 Europe Carbon Capture Utilization and Storage Market Outlook by Country
7.3.2 Germany Carbon Capture Utilization and Storage Market Outlook, 2021- 2032
7.3.3 France Carbon Capture Utilization and Storage Market Outlook, 2021- 2032
7.3.4 The UK Carbon Capture Utilization and Storage Market Outlook, 2021- 2032
7.3.5 Spain Carbon Capture Utilization and Storage Market Outlook, 2021- 2032
7.3.6 Italy Carbon Capture Utilization and Storage Market Outlook, 2021- 2032
7.3.7 Russia Carbon Capture Utilization and Storage Market Outlook, 2021- 2032
7.3.8 Rest of Europe Carbon Capture Utilization and Storage Market Outlook, 2021- 2032
8. Asia Pacific Carbon Capture Utilization and Storage Market Size Outlook
8.1 Key Market Statistics, 2024
8.2 Asia Pacific Carbon Capture Utilization and Storage Market Trends and Growth Opportunities
8.2.1 Asia Pacific Carbon Capture Utilization and Storage Market Outlook by Type
8.2.2 Asia Pacific Carbon Capture Utilization and Storage Market Outlook by Application
8.3 Asia Pacific Carbon Capture Utilization and Storage Market Outlook by Country
8.3.1 China Carbon Capture Utilization and Storage Market Outlook, 2021- 2032
8.3.2 India Carbon Capture Utilization and Storage Market Outlook, 2021- 2032
8.3.3 Japan Carbon Capture Utilization and Storage Market Outlook, 2021- 2032
8.3.4 South Korea Carbon Capture Utilization and Storage Market Outlook, 2021- 2032
8.3.5 Australia Carbon Capture Utilization and Storage Market Outlook, 2021- 2032
8.3.6 South East Asia Carbon Capture Utilization and Storage Market Outlook, 2021- 2032
8.3.7 Rest of Asia Pacific Carbon Capture Utilization and Storage Market Outlook, 2021- 2032
9. South America Carbon Capture Utilization and Storage Market Size Outlook
9.1 Key Market Statistics, 2024
9.2 South America Carbon Capture Utilization and Storage Market Trends and Growth Opportunities
9.2.1 South America Carbon Capture Utilization and Storage Market Outlook by Type
9.2.2 South America Carbon Capture Utilization and Storage Market Outlook by Application
9.3 South America Carbon Capture Utilization and Storage Market Outlook by Country
9.3.1 Brazil Carbon Capture Utilization and Storage Market Outlook, 2021- 2032
9.3.2 Argentina Carbon Capture Utilization and Storage Market Outlook, 2021- 2032
9.3.3 Rest of South and Central America Carbon Capture Utilization and Storage Market Outlook, 2021- 2032
10. Middle East and Africa Carbon Capture Utilization and Storage Market Size Outlook
10.1 Key Market Statistics, 2024
10.2 Middle East and Africa Carbon Capture Utilization and Storage Market Trends and Growth Opportunities
10.2.1 Middle East and Africa Carbon Capture Utilization and Storage Market Outlook by Type
10.2.2 Middle East and Africa Carbon Capture Utilization and Storage Market Outlook by Application
10.3 Middle East and Africa Carbon Capture Utilization and Storage Market Outlook by Country
10.3.1 Saudi Arabia Carbon Capture Utilization and Storage Market Outlook, 2021- 2032
10.3.2 The UAE Carbon Capture Utilization and Storage Market Outlook, 2021- 2032
10.3.3 Rest of Middle East Carbon Capture Utilization and Storage Market Outlook, 2021- 2032
10.3.4 South Africa Carbon Capture Utilization and Storage Market Outlook, 2021- 2032
10.3.5 Egypt Carbon Capture Utilization and Storage Market Outlook, 2021- 2032
10.3.6 Rest of Africa Carbon Capture Utilization and Storage Market Outlook, 2021- 2032
11. Company Profiles
11.1 Leading 10 Companies
Aker Solutions
Equinor ASA
ExxonMobil Corp
Fluor Corp
Honeywell International
JGC Holdings
Linde Plc
Mitsubishi Heavy Industries Ltd
Royal Dutch Shell Plc
Schlumberger Ltd
11.2 Overview
11.3 Products and Services
11.4 SWOT Profile
12. Appendix
12.1 Subscription Options
12.2 Customization Options
12.3 Publisher Details

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