Carbon Capture and Sequestration Market by Service type, by Application, and by Region - Global Trends and Forecast to 2021

  • ID: 3807725
  • Report
  • Region: Global
  • 142 Pages
  • Markets and Markets
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Carbon Capture and Sequestration Market Projected to Grow at A Cagr Of 13.4% from 2016 to 2021

FEATURED COMPANIES

  • Aker Solutions
  • Exxonmobil Corporation
  • Fluor Corporation
  • General Electric
  • Halliburton
  • Hitachi, Ltd.
  • MORE
“Carbon Capture & Sequestration Market, By Application (EOR Process, Industrial, & Agricultural), By Service (Capture, Transport & Sequestration), By Capturing Techniques (Pre-combustion, Post-combustion & Oxy-fuel) & Region - Global Forecast to 2021

The carbon capture and sequestration market is projected to reach USD 8.05 billion by 2021, growing at a CAGR of 13.4% during the forecast period. The growing demand for the reduction of greenhouse gas (GHG) and increasing demand for CO2-EOR techniques are acting as the drivers for the carbon capture and sequestration market

In terms of market, by application, the EOR Process for the carbon capture and sequestration market covered largest market share in 2015. Earlier, most of the CO2 used for EOR techniques was recovered from naturally-occurring reservoirs. However, now-a-days, new technologies are being developed in order to produce CO2 from industrial applications such as ethanol, fertilizer, hydrogen plants, and natural gas processing where naturally-occurring reservoirs are not available. EOR techniques include thermal recovery, gas injection, and chemical injection. This creates demand for carbon capture and sequestration market.

North America is estimated to be the largest market for carbon capture and sequestration solutions, followed by Asia-Pacific and the Middle East. U.S. accounted for the largest share in the North American carbon capture and sequestration market in 2015, and is projected to grow at the highest CAGR from 2016 to 2021. Power generation in the U.S. has traditionally been dominated by coal-fired power plants. However, low natural gas prices have led to large expansion in the nation’s gas-fired power plants, whose capacity has more than doubled in the decade leading up to 2012. In addition, the U.S. Supreme Court has proposed a carbon trading scheme, named US Clean Power Plan on February 2016, which is expected to be implemented from 2017. This scheme aims at curbing carbon pollution from the power plants in U.S. These factors are expected to fuel the demand for carbon capture and sequestration market.

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject matter experts, corporate-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:

By Company Type: Tier 1- 35%, Tier 2- 45%, and Tier 3- 20%
By Designation: Corporate Level- 35%, Manager Level- 25%, and Others*- 40%
By Region: The Middle East- 35%, North America -30%, Asia-Pacific- 20%, Europe- 10%, and ROW- 5%

Leading players in this industry have been profiled, along with their recent developments and other strategic activities. These include Fluor Corporation (U.S.), Linde AG (Germany), Shell CANSOLV (USA), Siemens (Germany), and Mitsubishi Heavy Industries (Japan), among others.

Why buy this report?

1. The report identifies and addresses key markets for carbon capture and sequestration solutions which is useful for suppliers to review the demand growth of CCS solution.

2. The report helps solution provider to understand the pulse of the market and provides insights on drivers, restraints, and challenges.

3. The report will help key players to better understand the competition strategies and will help in making strategic decisions.
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FEATURED COMPANIES

  • Aker Solutions
  • Exxonmobil Corporation
  • Fluor Corporation
  • General Electric
  • Halliburton
  • Hitachi, Ltd.
  • MORE
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown & Data Triangulation
2.3.1 Key Data From Primary Sources
2.4 Research Assumptions & Limitations
2.4.1 Assumptions
2.4.2 Limitations

3 Executive Summary
3.1 Introduction
3.1.1 Historical Backdrop
3.2 Current Scenario
3.3 Future Outlook
3.4 Conclusion

4 Premium Insights
4.1 EOR Process Segment is Estimated to Dominate the Carbon Capture & Sequestration Market During the Forecast Period
4.2 U.S. and Canada are the Hotspots in North America for Large Scale Carbon Capture Deployment
4.3 North America Was the Largest Market for Carbon Capture & Sequestration in 2015
4.4 Carbon Capture & Sequestration Market, By EOR Process Application

5 Market Overview
5.1 Introduction
5.2 Regulations & Policies
5.3 Methods to Enhance Carbon Capture & Sequestration Adoption
5.4 Carbon Capture & Sequestration: Market Segmentation
5.5 Market Dynamics
5.5.1 Drivers
5.5.1.1 Growing Environmental Concerns
5.5.1.2 Increasing Demand for Co2-EOR Techniques
5.5.2 Restraints
5.5.2.1 Limited Adequate Policies
5.5.2.2 High Cost of Carbon Capture & Sequestration
5.5.3 Opportunities
5.5.3.1 Second-Generation Capturing Techniques Enabling Economic Operations
5.5.3.2 Capturing Unburnable Carbon Reducing Emissions Further By 1%–5%
5.5.4 Challenges
5.5.4.1 Uncertain Paybacks
5.5.4.2 Safety Concerns at Storage Sites
5.6 Supply Chain Analysis
5.7 Porter’s Five Forces Analysis
5.7.1 Threat of New Entrants
5.7.2 Threat of Substitutes
5.8 Bargaining Power of Suppliers
5.8.1 Bargaining Power of Buyers
5.8.2 Intensity of Competitive Rivalry

6 Carbon Capture & Sequestration Market, By Application
6.1 Introduction
6.2 EOR Process
6.3 Industrial
6.4 Agricultural
6.5 Others

7 Carbon Capture & Sequestration Market, By Service
7.1 Introduction
7.2 Capture
7.2.1 Pre-Combustion Capture
7.2.2 Post-Combustion Capture
7.2.3 Oxy-Fuel Combustion
7.2.4 Others
7.3 Transportation
7.4 Storage

8 Carbon Capture & Sequestration Market, By Region
8.1 Introduction
8.2 North America
8.2.1 By Country
8.2.1.1 U.S.
8.2.1.2 Canada
8.3 Europe
8.3.1 By Country
8.3.1.1 France
8.3.1.2 Netherlands
8.3.1.3 U.K.
8.3.1.4 Norway
8.4 Asia-Pacific
8.4.1 By Country
8.4.1.1 Australia
8.4.1.2 China
8.4.1.3 South Korea
8.4.2 Middle East & Africa
8.4.2.1 Saudi Arabia
8.4.2.2 UAE
8.4.3 South America
8.4.3.1 Brazil

9 Competitive Landscape
9.1 Overview
9.2 Development Share Analysis, Till July 2016
9.3 Competitive Situation & Trends
9.4 Contracts & Agreements
9.5 Expansions
9.6 New Product Developments
9.7 Mergers & Acquisitions

10 Company Profiles
10.1 Introduction
10.2 Aker Solutions
10.3 Fluor Corporation
10.4 Hitachi, Ltd.
10.5 Linde AG
10.6 Mitsubishi Heavy Industries, Ltd.
10.7 Exxonmobil Corporation
10.8 General Electric
10.9 Halliburton
10.10 Honeywell International Inc.
10.11 Schlumberger Limited
10.12 Shell Global
10.13 Siemens AG

11 Appendix

List of Tables (65 Tables)

Table 1 Emission Targets in Key Countries By 2020
Table 2 Major Projects Targeting Co2-EOR Techniques, 2012–2020
Table 3 Carbon Capture & Sequestration Market Size, By Application, 2014–2021 (USD Million)
Table 4 EOR Process: Carbon Capture & Sequestration Market Size, By Region, 2014–2021 (USD Million)
Table 5 Industrial: Carbon Capture & Sequestration Market Size, By Region, 2014–2021 (USD Million)
Table 6 Agricultural: Carbon Capture & Sequestration Market Size, By Region, 2014–2021 (USD Million)
Table 7 Others: Carbon Capture & Sequestration Market Size, By Region, 2014–2021 (USD Million)
Table 8 Carbon Capture & Sequestration Market Size, By Service, 2014–2021 (USD Million)
Table 9 Capture: Carbon Capture & Sequestration Market Size, By Region, 2014–2021 (USD Million)
Table 10 Pre-Combustion Capture: Carbon Capture & Sequestration Market Size, By Region, 2014–2021 (USD Million)
Table 11 Post-Combustion Capture: Carbon Capture & Sequestration Market Size, By Region, 2014–2021 (USD Million)
Table 12 Oxy-Fuel Combustion: Carbon Capture & Sequestration Market Size, By Region, 2014–2021 (USD Million)
Table 13 Others: Carbon Capture & Sequestration Market Size, By Region, 2014–2021 (USD Million)
Table 14 Transportation: Carbon Capture & Sequestration Market Size, By Region, 2014–2021 (USD Million)
Table 15 Storage: Carbon Capture & Sequestration Market Size, By Region, 2014–2021 (USD Million)
Table 16 Carbon Capture & Sequestration Market Size, By Region, 2014–2021 (USD Million)
Table 17 Post-Combustion: Carbon Capture & Sequestration Market Size, By Top Countries, 2014–2021 (USD Million)
Table 18 Pre-Combustion: Carbon Capture & Sequestration Market Size, By Top Countries, 2014–2021 (USD Million)
Table 19 Oxy-Fuel Combustion: Carbon Capture & Sequestration Market Size, By Top Countries, 2014–2021 (USD Million)
Table 20 Other: Carbon Capture & Sequestration Market Size, By Top Countries, 2014–2021 (USD Million)
Table 21 Top Countries: Carbon Capture & Sequestration Market Size, By Capturing Technique, 2014–2021 (USD Million)
Table 22 North America: Carbon Capture & Sequestration Market Size, By Country, 2014–2021 (USD Million)
Table 23 North America: Carbon Capture & Sequestration Market Size, By Service, 2014–2021 (USD Million)
Table 24 North America: Carbon Capture & Sequestration Market Size, By Capturing Technique, 2014–2021 (USD Million)
Table 25 North America: Carbon Capture & Sequestration Market Size, By Application, 2014–2021 (USD Million)
Table 26 U.S.: Carbon Capture & Sequestration Market Size, By Service, 2014–2021 (USD Million)
Table 27 U.S.: Carbon Capture & Sequestration Market Size, By Capturing Technique, 2014–2021 (USD Million)
Table 28 Canada: Carbon Capture & Sequestration Market Size, By Service, 2014–2021 (USD Million)
Table 29 Canada: Carbon Capture & Sequestration Market Size, By Capturing Technique, 2014–2021 (USD Million)
Table 30 Europe: Carbon Capture & Sequestration Market Size, By Country, 2014–2021 (USD Million)
Table 31 Europe: Carbon Capture & Sequestration Market Size, By Service, 2014–2021 (USD Million)
Table 32 Europe: Carbon Capture & Sequestration Market Size, By Capturing Technique, 2014–2021 (USD Million)
Table 33 Europe: Carbon Capture & Sequestration Market Size, By Application, 2014–2021 (USD Million)
Table 34 France: Carbon Capture & Sequestration Market Size, By Service, 2014–2021 (USD Million)
Table 35 France: Carbon Capture & Sequestration Market Size, By Capturing Technique, 2014–2021 (USD Million)
Table 36 The Netherlands: Carbon Capture & Sequestration Market Size, By Service, 2014–2021 (USD Million)
Table 37 The Netherlands: Carbon Capture & Sequestration Market Size, By Capturing Technique, 2014–2021 (USD Million)
Table 38 U.K.: Carbon Capture & Sequestration Market Size, By Service, 2014–2021 (USD Million)
Table 39 U.K.: Carbon Capture & Sequestration Market Size, By Capturing Technique, 2014–2021 (USD Million)
Table 40 Norway: Carbon Capture & Sequestration Market Size, By Service, 2014–2021 (USD Million)
Table 41 Norway: Carbon Capture & Sequestration Market Size, By Capturing Technique, 2014–2021 (USD Million)
Table 42 Asia-Pacific: Carbon Capture & Sequestration Market Size, By Country, 2014–2021 (USD Million)
Table 43 Asia-Pacific: Carbon Capture & Sequestration Market Size, By Service, 2014–2021 (USD Million)
Table 44 Asia-Pacific: Carbon Capture & Sequestration Market Size, By Capturing Technique, 2014–2021 (USD Million)
Table 45 Asia-Pacific: Carbon Capture & Sequestration Market Size, By Application, 2014–2021 (USD Million)
Table 46 Australia: Carbon Capture & Sequestration Market Size, By Service, 2014–2021 (USD Million)
Table 47 Australia: Carbon Capture & Sequestration Market Size, By Capturing Technique, 2014–2021 (USD Million)
Table 48 China: Carbon Capture & Sequestration Market Size, By Service, 2014–2021 (USD Million)
Table 49 China: Carbon Capture & Sequestration Market Size, By Capturing Technique, 2014–2021 (USD Million)
Table 50 South Korea: Carbon Capture & Sequestration Market Size, By Service, 2014–2021 (USD Million)
Table 51 South Korea: Carbon Capture & Sequestration Market Size, By Capturing Technique, 2014–2021 (USD Million)
Table 52 Middle East & Africa: Carbon Capture & Sequestration Market Size, By Country, 2014–2021 (USD Million)
Table 53 Middle East & Africa: Carbon Capture & Sequestration Market Size, By Service, 2014–2021 (USD Million)
Table 54 Middle East & Africa: Carbon Capture & Sequestration Market Size, By Capturing Technique, 2014–2021 (USD Million)
Table 55 Middle East & Africa: Carbon Capture & Sequestration Market Size, By Application, 2014–2021 (USD Million)
Table 56 Saudi Arabia: Carbon Capture & Sequestration Market Size, By Service, 2014–2021 (USD Million)
Table 57 Saudi Arabia: Carbon Capture & Sequestration Market Size, By Capturing Technique, 2014–2021 (USD Million)
Table 58 UAE: Carbon Capture & Sequestration Market Size, By Service, 2014–2021 (USD Million)
Table 59 UAE: Carbon Capture & Sequestration Market Size, By Capturing Technique, 2014–2021 (USD Million)
Table 60 South America: Carbon Capture & Sequestration Market Size, By Application, 2014–2021 (USD Million)
Table 61 Brazil: Carbon Capture & Sequestration Market Size, By Service, 2014–2021 (USD Million)
Table 62 Contracts & Agreements, 2013–2016
Table 63 Expansions, 2013–2015
Table 64 New Product Developments, 2016
Table 65 Mergers & Acquisitions, 2016

List of Figures (49 Figures)

Figure 1 Carbon Capture & Sequestration Market Segmentation
Figure 2 Carbon Capture & Sequestration Market: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation Methodology
Figure 6 North America Dominated the Carbon Capture & Sequestration Market in 2015
Figure 7 EOR Process Segment is Expected to Occupy the Largest Market Share (Value) During the Forecast Period
Figure 8 Carbon Capture & Sequestration Market Size, By Service, 2016 & 2021 (USD Million)
Figure 9 North America is Expected to Generate the Highest Demand for EOR Process From 2016 to 2021
Figure 10 Attractive Market Opportunities in the Carbon Capture & Sequestration Market
Figure 11 EOR Process Segment is Expected to Grow at the Highest CAGR From 2016 to 2021
Figure 12 U.S. Capture & Sequestration Market Held the Largest Share in 2015
Figure 13 Carbon Capture & Sequestration Market Regional Snapshot
Figure 14 The North American EOR Process Market is Expected to Account for the Largest Share During the Forecast Period
Figure 15 Carbon Capture & Sequestration Market Segmentation: By Service, Application, & Region
Figure 16 Market Dynamics for Carbon Capture & Sequestration Market
Figure 17 Risks of Geological Storage
Figure 18 Carbon Capture & Sequestration Market: Supply Chain
Figure 19 Porter’s Five Forces Analysis: Carbon Capture & Sequestration Market
Figure 20 Carbon Capture & Sequestration Market Share (Value), By Application, 2015
Figure 21 EOR Process Segment is Expected to Dominate the Market During the Forecast Period
Figure 22 Carbon Capture & Sequestration Market Share (Value), By Service, 2015
Figure 23 Capture Segment is Expected to Dominate the Carbon Capture & Sequestration Market During the Forecast Period
Figure 24 Regional Snapshot: North America to Be the Fastest Growing Market, for Carbon Capture & Sequestration Market (2016–2021)
Figure 25 Carbon Capture & Sequestration Market Share (Value), By Region, 2015
Figure 26 North America & Asia-Pacific to Dominate the Carbon Capture & Sequestration Market During the Forecast Period
Figure 27 North America: Regional Snapshot
Figure 28 Asia-Pacific: Regional Snapshot
Figure 29 Companies Adopted Contracts & Agreements as the Key Growth Strategy, 2013–2016
Figure 30 Fluor Corporation Accounted for the Largest Development Share in the Carbon Capture & Sequestration Market in 2015
Figure 31 Market Evaluation Framework
Figure 32 Battle for Market Share: Contracts & Agreements Was the Key Strategy, 2013–2016
Figure 33 Aker Solutions: Company Snapshot
Figure 34 Aker Solutions: SWOT Analysis
Figure 35 Fluor Corporation: Company Snapshot
Figure 36 Fluor Corporation: SWOT Analysis
Figure 37 Hitachi, Ltd.: Company Snapshot
Figure 38 Hitachi, Ltd.: SWOT Analysis
Figure 39 Linde AG: Company Snapshot
Figure 40 Linde AG: SWOT Analysis
Figure 41 Mitsubishi Heavy Industries, Ltd.: Company Snapshot
Figure 42 Mitsubishi Heavy Industries, Ltd.: SWOT Analysis
Figure 43 Exxonmobil Corporation: Company Snapshot
Figure 44 General Electric: Company Snapshot
Figure 45 Halliburton: Company Snapshot
Figure 46 Honeywell International Inc.: Company Snapshot
Figure 47 Schlumberger Limited: Company Snapshot
Figure 48 Shell Global: Company Snapshot
Figure 49 Siemens AG: Company Snapshot
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- Aker Solutions
- Exxonmobil Corporation
- Fluor Corporation
- General Electric
- Halliburton
- Hitachi, Ltd.
- Honeywell International Inc.
- Linde AG
- Mitsubishi Heavy Industries, Ltd.
- Schlumberger Limited
- Shell Global
- Siemens AG
Note: Product cover images may vary from those shown
5 of 5
Note: Product cover images may vary from those shown
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