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Carbon Capture and Storage Technology Global Market Report 2024

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    Report

  • 175 Pages
  • May 2024
  • Region: Global
  • The Business Research Company
  • ID: 5972870
The carbon capture and storage technology market size has grown rapidly in recent years. It will grow from $2.85 billion in 2023 to $3.26 billion in 2024 at a compound annual growth rate (CAGR) of 14.2%. The growth observed in the historical period can be attributed to several key factors. These include the implementation of stringent government regulations aimed at reducing greenhouse gas emissions, the establishment of reinforced climate targets to combat global warming, and the proliferation of numerous high-capacity carbon capture and storage (CCS) plants dedicated to mitigating carbon dioxide emissions.

The carbon capture and storage technology market size is expected to see rapid growth in the next few years. It will grow to $5.58 billion in 2028 at a compound annual growth rate (CAGR) of 14.4%. The anticipated growth in the forecast period can be attributed to several driving forces. These include the increasing demand for carbon dioxide (CO2) for Enhanced Oil Recovery (EOR) activities within the oil and gas industry, heightened focus on environmental impact and sustainability concerns, and growing demand from various industrial sectors for carbon capture and storage (CCS) solutions. Major trends expected during this period encompass ongoing technological advancements in CCS technology, the development of innovative approaches for achieving deep decarbonization goals, widespread deployment of gas injection EOR techniques, continual progress in shale gas technology, and the expansion of commercial-scale CCS plants to meet rising demand and address environmental challenges.

The increasing demand for cleaner energy sources is poised to drive significant growth in the carbon capture and storage (CCS) technology market in the foreseeable future. Cleaner energy solutions, characterized by lower greenhouse gas emissions and reduced environmental impact, are becoming increasingly sought after due to heightened environmental awareness, tightening emissions regulations, and a global push for sustainable energy alternatives to mitigate climate change. Carbon capture and storage technology plays a pivotal role in achieving cleaner energy goals by capturing and storing carbon dioxide emissions from energy generation and industrial processes, thereby reducing overall emissions and environmental footprint. Notably, investments in environmental, social, and governance (ESG) focused funds surged in 2021, indicating a growing commitment to sustainability, while projections from the International Energy Agency (IEA) forecast a significant increase in clean energy investment in the coming years, further driving the demand for CCS technology.

Leading companies in the carbon capture and storage technology sector are ramping up efforts to promote sustainability through initiatives such as the development of commercial direct air capture (DAC) facilities. These facilities employ innovative processes, such as using renewable energy to extract CO2 from the air, to scale up carbon removal efforts and meet global climate objectives. For instance, Heirloom Carbon Technologies Inc. launched a DAC facility for concrete CO2 capture in January 2024, with the capacity to capture 1,000 tons of CO2 annually in the US. This process utilizes renewable energy to extract CO2 from limestone, subsequently storing it underground or integrating it into concrete through partnerships with companies such as CarbonCure Technologies. Such initiatives provide scalable solutions for CO2 storage and contribute to the advancement of carbon capture technologies.

Strategic acquisitions also play a significant role in driving innovation and market expansion within the carbon capture and storage technology sector. For instance, in August 2022, Baker Hughes Company bolstered its capabilities in CO2 capture by acquiring Mosaic Materials Inc., a company specializing in metal-organic framework (MOF) materials for efficient CO2 capture from the atmosphere. This acquisition underscores the industry's commitment to developing advanced technologies for effective carbon capture and storage, further catalyzing growth and innovation in the market.

Major companies operating in the carbon capture and storage technology market are Shell plc, Chevron Corporation, Microsoft Corporation, Tencent Holdings Limited, Siemens AG, Occidental Petroleum Corporation, Schneider Electric SE, Honeywell International Inc., Mitsubishi Heavy Industries Ltd., ABB Ltd., Schlumberger NV, Bechtel Corporation, Aker Solutions ASA, NET Power Inc., LanzaTech Global Inc., Carbon Engineering Ltd., Climeworks AG, Carbon Clean Solutions Pvt. Ltd., Global Thermostat PBC, C-Capture Limited, ION Clean Energy, Svante Inc.

North America was the largest region in the carbon capture and storage technology market in 2023. Europe is expected to be the fastest growing region in the market. The regions covered in the carbon capture and storage technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the carbon capture and storage technology market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Carbon capture and storage (CCS) technology is engineered to address the mitigation of greenhouse gas emissions, notably carbon dioxide (CO2), arising from industrial processes and power generation. The primary objectives of CCS technology are to intercept CO2 emissions before they reach the atmosphere, thus diminishing their impact on climate change, and to facilitate the ongoing utilization of fossil fuels while curtailing their environmental footprint.

The primary types of carbon capture and storage technology encompass carbon capture and storage (CCS) and carbon capture and utilization (CCU). CCS entails the capture of carbon dioxide (CO2) emissions generated from fossil fuel combustion or industrial operations, followed by their storage underground or in other long-term storage facilities to prevent atmospheric release. Various technologies, including pre-combustion, post-combustion, and oxy-fuel combustion, are utilized across diverse applications such as industrial facilities, power plants, and other relevant sectors.

The carbon capture and storage technology market research report is one of a series of new reports that provides carbon capture and storage technology market statistics, including carbon capture and storage technology industry global market size, regional shares, competitors with a carbon capture and storage technology market share, detailed carbon capture and storage technology market segments, market trends and opportunities, and any further data you may need to thrive in the carbon capture and storage technology industry. This carbon capture and storage technology market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The carbon capture and storage technology market consists of revenues earned by entities through technology licensing, consulting, and advisory services. The market value includes the value of related goods sold by the service provider or included within the service offering. The carbon capture and storage technology market also includes sales of CO2 pipeline systems, CO2 shipping and tanker systems, geologic storage systems, and enhanced oil recovery (EOR) systems. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. Carbon Capture and Storage Technology Market Characteristics3. Carbon Capture and Storage Technology Market Trends and Strategies
4. Carbon Capture and Storage Technology Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Carbon Capture and Storage Technology Market Size and Growth
5.1. Global Carbon Capture and Storage Technology Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Carbon Capture and Storage Technology Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Carbon Capture and Storage Technology Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)
6. Carbon Capture and Storage Technology Market Segmentation
6.1. Global Carbon Capture and Storage Technology Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Carbon Capture and Storage (CCS)
  • Carbon Capture and Utilization (CCU)
6.2. Global Carbon Capture and Storage Technology Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Pre-Combustion
  • Post-Combustion
  • Oxy-Fuel Combustion
6.3. Global Carbon Capture and Storage Technology Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Industrial Facilities
  • Power Plant
  • Other Applications
7. Carbon Capture and Storage Technology Market Regional and Country Analysis
7.1. Global Carbon Capture and Storage Technology Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Carbon Capture and Storage Technology Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Carbon Capture and Storage Technology Market
8.1. Asia-Pacific Carbon Capture and Storage Technology Market Overview
(Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies)
8.2. Asia-Pacific Carbon Capture and Storage Technology Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Carbon Capture and Storage Technology Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Carbon Capture and Storage Technology Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Carbon Capture and Storage Technology Market
9.1. China Carbon Capture and Storage Technology Market Overview
9.2. China Carbon Capture and Storage Technology Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Carbon Capture and Storage Technology Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Carbon Capture and Storage Technology Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Carbon Capture and Storage Technology Market
10.1. India Carbon Capture and Storage Technology Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Carbon Capture and Storage Technology Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Carbon Capture and Storage Technology Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Carbon Capture and Storage Technology Market
11.1. Japan Carbon Capture and Storage Technology Market Overview
11.2. Japan Carbon Capture and Storage Technology Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Carbon Capture and Storage Technology Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Carbon Capture and Storage Technology Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Carbon Capture and Storage Technology Market
12.1. Australia Carbon Capture and Storage Technology Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Carbon Capture and Storage Technology Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Carbon Capture and Storage Technology Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Carbon Capture and Storage Technology Market
13.1. Indonesia Carbon Capture and Storage Technology Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Carbon Capture and Storage Technology Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Carbon Capture and Storage Technology Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Carbon Capture and Storage Technology Market
14.1. South Korea Carbon Capture and Storage Technology Market Overview
14.2. South Korea Carbon Capture and Storage Technology Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Carbon Capture and Storage Technology Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Carbon Capture and Storage Technology Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Carbon Capture and Storage Technology Market
15.1. Western Europe Carbon Capture and Storage Technology Market Overview
15.2. Western Europe Carbon Capture and Storage Technology Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Carbon Capture and Storage Technology Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Carbon Capture and Storage Technology Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Carbon Capture and Storage Technology Market
16.1. UK Carbon Capture and Storage Technology Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Carbon Capture and Storage Technology Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Carbon Capture and Storage Technology Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Carbon Capture and Storage Technology Market
17.1. Germany Carbon Capture and Storage Technology Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Carbon Capture and Storage Technology Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Carbon Capture and Storage Technology Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Carbon Capture and Storage Technology Market
18.1. France Carbon Capture and Storage Technology Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Carbon Capture and Storage Technology Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Carbon Capture and Storage Technology Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Carbon Capture and Storage Technology Market
19.1. Italy Carbon Capture and Storage Technology Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Carbon Capture and Storage Technology Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Carbon Capture and Storage Technology Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Carbon Capture and Storage Technology Market
20.1. Spain Carbon Capture and Storage Technology Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Carbon Capture and Storage Technology Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Carbon Capture and Storage Technology Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Carbon Capture and Storage Technology Market
21.1. Eastern Europe Carbon Capture and Storage Technology Market Overview
21.2. Eastern Europe Carbon Capture and Storage Technology Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Carbon Capture and Storage Technology Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Carbon Capture and Storage Technology Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Carbon Capture and Storage Technology Market
22.1. Russia Carbon Capture and Storage Technology Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Carbon Capture and Storage Technology Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Carbon Capture and Storage Technology Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Carbon Capture and Storage Technology Market
23.1. North America Carbon Capture and Storage Technology Market Overview
23.2. North America Carbon Capture and Storage Technology Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Carbon Capture and Storage Technology Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Carbon Capture and Storage Technology Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Carbon Capture and Storage Technology Market
24.1. USA Carbon Capture and Storage Technology Market Overview
24.2. USA Carbon Capture and Storage Technology Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Carbon Capture and Storage Technology Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Carbon Capture and Storage Technology Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Carbon Capture and Storage Technology Market
25.1. Canada Carbon Capture and Storage Technology Market Overview
25.2. Canada Carbon Capture and Storage Technology Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Carbon Capture and Storage Technology Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Carbon Capture and Storage Technology Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Carbon Capture and Storage Technology Market
26.1. South America Carbon Capture and Storage Technology Market Overview
26.2. South America Carbon Capture and Storage Technology Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Carbon Capture and Storage Technology Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Carbon Capture and Storage Technology Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Carbon Capture and Storage Technology Market
27.1. Brazil Carbon Capture and Storage Technology Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Carbon Capture and Storage Technology Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Carbon Capture and Storage Technology Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Carbon Capture and Storage Technology Market
28.1. Middle East Carbon Capture and Storage Technology Market Overview
28.2. Middle East Carbon Capture and Storage Technology Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Carbon Capture and Storage Technology Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Carbon Capture and Storage Technology Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Carbon Capture and Storage Technology Market
29.1. Africa Carbon Capture and Storage Technology Market Overview
29.2. Africa Carbon Capture and Storage Technology Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Carbon Capture and Storage Technology Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Carbon Capture and Storage Technology Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Carbon Capture and Storage Technology Market Competitive Landscape and Company Profiles
30.1. Carbon Capture and Storage Technology Market Competitive Landscape
30.2. Carbon Capture and Storage Technology Market Company Profiles
30.2.1. Shell plc
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Chevron Corporation
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Microsoft Corporation
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Tencent Holdings Limited
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Siemens AG
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Carbon Capture and Storage Technology Market Other Major and Innovative Companies
31.1. Occidental Petroleum Corporation
31.2. Schneider Electric SE
31.3. Honeywell International Inc.
31.4. Mitsubishi Heavy Industries Ltd.
31.5. ABB Ltd.
31.6. Schlumberger NV
31.7. Bechtel Corporation
31.8. Aker Solutions ASA
31.9. NET Power Inc.
31.10. LanzaTech Global Inc.
31.11. Carbon Engineering Ltd.
31.12. Climeworks AG
31.13. Carbon Clean Solutions Pvt. Ltd.
31.14. Global Thermostat PBC
31.15. C-Capture Limited
32. Global Carbon Capture and Storage Technology Market Competitive Benchmarking33. Global Carbon Capture and Storage Technology Market Competitive Dashboard34. Key Mergers and Acquisitions in the Carbon Capture and Storage Technology Market
35. Carbon Capture and Storage Technology Market Future Outlook and Potential Analysis
35.1 Carbon Capture and Storage Technology Market in 2028 - Countries Offering Most New Opportunities
35.2 Carbon Capture and Storage Technology Market in 2028 - Segments Offering Most New Opportunities
35.3 Carbon Capture and Storage Technology Market in 2028 - Growth Strategies
35.3.1 Market Trend Based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Carbon Capture And Storage Technology Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on carbon capture and storage technology market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase:

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for carbon capture and storage technology ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The carbon capture and storage technology market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) By Type: Carbon Capture And Storage (CCS); Carbon Capture And Utilization (CCU)
2) By Technology: Pre-Combustion; Post-Combustion; Oxy-Fuel Combustion
3) By Application: Industrial Facilities; Power Plant; Other Applications

Key Companies Mentioned: Shell plc; Chevron Corporation; Microsoft Corporation; Tencent Holdings Limited; Siemens AG

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Shell plc
  • Chevron Corporation
  • Microsoft Corporation
  • Tencent Holdings Limited
  • Siemens AG
  • Occidental Petroleum Corporation
  • Schneider Electric SE
  • Honeywell International Inc.
  • Mitsubishi Heavy Industries Ltd.
  • ABB Ltd.
  • Schlumberger NV
  • Bechtel Corporation
  • Aker Solutions ASA
  • NET Power Inc.
  • LanzaTech Global Inc.
  • Carbon Engineering Ltd.
  • Climeworks AG
  • Carbon Clean Solutions Pvt. Ltd.
  • Global Thermostat PBC
  • C-Capture Limited
  • ION Clean Energy
  • Svante Inc

Methodology

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