Carbon Capture and Storage (CCS) is a technology that can capture up to 90% of the carbon dioxide (CO2) emissions proÂduced from the use of fossil fuels in electricity generation and industrial processes, preventing the carbon dioxide from entering the atmosphere.
Carbon dioxide can be captured out of air or fossil fuel power plant flue gas using adsorption (or carbon scrubbing), membrane gas separation, or adsorption technologies. Amines are the leading carbon scrubbing technology. Storage of the CO2 is envisaged either in deep geological formations, or in the form of mineral carbonates. Geological formations are currently considered the most promising sequestration sites.
Highlights
The global Carbon Capture and Sequestration market was valued at US$ 5836 million in 2022 and is anticipated to reach US$ 9107.7 million by 2029, witnessing a CAGR of 7.7% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The Carbon Capture and Sequestration (CCS) market was valued at 4430 Million US$ in 2017 and is projected to reach 14200 Million US$ by 2025, at a CAGR of 15.7% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Carbon Capture and Sequestration (CCS).
Report Scope
This report aims to provide a comprehensive presentation of the global market for Carbon Capture and Sequestration, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Carbon Capture and Sequestration.
The Carbon Capture and Sequestration market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Carbon Capture and Sequestration market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Carbon Capture and Sequestration companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
By Company
Siemens
Aker Solutions
Fluor
Mitsubishi Heavy Industries
Halliburton
Honeywell International
Shell Global
Maersk Oil
Segment by Type
Industrial Process
Oxy-Combustion
Pre-Combustion
Post-Combustion
Segment by Application
Enhanced Oil Recovery
Industrial
Agricultural
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by 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: Introduces executive summary of global market size, regional market size, 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 Sequestration companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size 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 market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. 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.
Chapter 11: Provides profiles of key players, introducing the basic situation of the key companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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1 Report Overview
1.1 Study Scope
1.2 Âé¶¹Ô´´ Analysis by Type
1.2.1 Global Carbon Capture and Sequestration Âé¶¹Ô´´ Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Industrial Process
1.2.3 Oxy-Combustion
1.2.4 Pre-Combustion
1.2.5 Post-Combustion
1.3 Âé¶¹Ô´´ by Application
1.3.1 Global Carbon Capture and Sequestration Âé¶¹Ô´´ Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Enhanced Oil Recovery
1.3.3 Industrial
1.3.4 Agricultural
1.3.5 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Carbon Capture and Sequestration Âé¶¹Ô´´ Perspective (2018-2029)
2.2 Carbon Capture and Sequestration Growth Trends by Region
2.2.1 Global Carbon Capture and Sequestration Âé¶¹Ô´´ Size by Region: 2018 VS 2022 VS 2029
2.2.2 Carbon Capture and Sequestration Historic Âé¶¹Ô´´ Size by Region (2018-2023)
2.2.3 Carbon Capture and Sequestration Forecasted Âé¶¹Ô´´ Size by Region (2024-2029)
2.3 Carbon Capture and Sequestration Âé¶¹Ô´´ Dynamics
2.3.1 Carbon Capture and Sequestration Industry Trends
2.3.2 Carbon Capture and Sequestration Âé¶¹Ô´´ Drivers
2.3.3 Carbon Capture and Sequestration Âé¶¹Ô´´ Challenges
2.3.4 Carbon Capture and Sequestration Âé¶¹Ô´´ Restraints
3 Competition Landscape by Key Players
3.1 Global Top Carbon Capture and Sequestration Players by Revenue
3.1.1 Global Top Carbon Capture and Sequestration Players by Revenue (2018-2023)
3.1.2 Global Carbon Capture and Sequestration Revenue Âé¶¹Ô´´ Share by Players (2018-2023)
3.2 Global Carbon Capture and Sequestration Âé¶¹Ô´´ Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Carbon Capture and Sequestration Revenue
3.4 Global Carbon Capture and Sequestration Âé¶¹Ô´´ Concentration Ratio
3.4.1 Global Carbon Capture and Sequestration Âé¶¹Ô´´ Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Carbon Capture and Sequestration Revenue in 2022
3.5 Carbon Capture and Sequestration Key Players Head office and Area Served
3.6 Key Players Carbon Capture and Sequestration Product Solution and Service
3.7 Date of Enter into Carbon Capture and Sequestration Âé¶¹Ô´´
3.8 Mergers & Acquisitions, Expansion Plans
4 Carbon Capture and Sequestration Breakdown Data by Type
4.1 Global Carbon Capture and Sequestration Historic Âé¶¹Ô´´ Size by Type (2018-2023)
4.2 Global Carbon Capture and Sequestration Forecasted Âé¶¹Ô´´ Size by Type (2024-2029)
5 Carbon Capture and Sequestration Breakdown Data by Application
5.1 Global Carbon Capture and Sequestration Historic Âé¶¹Ô´´ Size by Application (2018-2023)
5.2 Global Carbon Capture and Sequestration Forecasted Âé¶¹Ô´´ Size by Application (2024-2029)
6 North America
6.1 North America Carbon Capture and Sequestration Âé¶¹Ô´´ Size (2018-2029)
6.2 North America Carbon Capture and Sequestration Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Carbon Capture and Sequestration Âé¶¹Ô´´ Size by Country (2018-2023)
6.4 North America Carbon Capture and Sequestration Âé¶¹Ô´´ Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Carbon Capture and Sequestration Âé¶¹Ô´´ Size (2018-2029)
7.2 Europe Carbon Capture and Sequestration Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Carbon Capture and Sequestration Âé¶¹Ô´´ Size by Country (2018-2023)
7.4 Europe Carbon Capture and Sequestration Âé¶¹Ô´´ Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Carbon Capture and Sequestration Âé¶¹Ô´´ Size (2018-2029)
8.2 Asia-Pacific Carbon Capture and Sequestration Âé¶¹Ô´´ Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Carbon Capture and Sequestration Âé¶¹Ô´´ Size by Region (2018-2023)
8.4 Asia-Pacific Carbon Capture and Sequestration Âé¶¹Ô´´ Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Carbon Capture and Sequestration Âé¶¹Ô´´ Size (2018-2029)
9.2 Latin America Carbon Capture and Sequestration Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Carbon Capture and Sequestration Âé¶¹Ô´´ Size by Country (2018-2023)
9.4 Latin America Carbon Capture and Sequestration Âé¶¹Ô´´ Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Carbon Capture and Sequestration Âé¶¹Ô´´ Size (2018-2029)
10.2 Middle East & Africa Carbon Capture and Sequestration Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Carbon Capture and Sequestration Âé¶¹Ô´´ Size by Country (2018-2023)
10.4 Middle East & Africa Carbon Capture and Sequestration Âé¶¹Ô´´ Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Siemens
11.1.1 Siemens Company Detail
11.1.2 Siemens Business Overview
11.1.3 Siemens Carbon Capture and Sequestration Introduction
11.1.4 Siemens Revenue in Carbon Capture and Sequestration Business (2018-2023)
11.1.5 Siemens Recent Development
11.2 Aker Solutions
11.2.1 Aker Solutions Company Detail
11.2.2 Aker Solutions Business Overview
11.2.3 Aker Solutions Carbon Capture and Sequestration Introduction
11.2.4 Aker Solutions Revenue in Carbon Capture and Sequestration Business (2018-2023)
11.2.5 Aker Solutions Recent Development
11.3 Fluor
11.3.1 Fluor Company Detail
11.3.2 Fluor Business Overview
11.3.3 Fluor Carbon Capture and Sequestration Introduction
11.3.4 Fluor Revenue in Carbon Capture and Sequestration Business (2018-2023)
11.3.5 Fluor Recent Development
11.4 Mitsubishi Heavy Industries
11.4.1 Mitsubishi Heavy Industries Company Detail
11.4.2 Mitsubishi Heavy Industries Business Overview
11.4.3 Mitsubishi Heavy Industries Carbon Capture and Sequestration Introduction
11.4.4 Mitsubishi Heavy Industries Revenue in Carbon Capture and Sequestration Business (2018-2023)
11.4.5 Mitsubishi Heavy Industries Recent Development
11.5 Halliburton
11.5.1 Halliburton Company Detail
11.5.2 Halliburton Business Overview
11.5.3 Halliburton Carbon Capture and Sequestration Introduction
11.5.4 Halliburton Revenue in Carbon Capture and Sequestration Business (2018-2023)
11.5.5 Halliburton Recent Development
11.6 Honeywell International
11.6.1 Honeywell International Company Detail
11.6.2 Honeywell International Business Overview
11.6.3 Honeywell International Carbon Capture and Sequestration Introduction
11.6.4 Honeywell International Revenue in Carbon Capture and Sequestration Business (2018-2023)
11.6.5 Honeywell International Recent Development
11.7 Shell Global
11.7.1 Shell Global Company Detail
11.7.2 Shell Global Business Overview
11.7.3 Shell Global Carbon Capture and Sequestration Introduction
11.7.4 Shell Global Revenue in Carbon Capture and Sequestration Business (2018-2023)
11.7.5 Shell Global Recent Development
11.8 Maersk Oil
11.8.1 Maersk Oil Company Detail
11.8.2 Maersk Oil Business Overview
11.8.3 Maersk Oil Carbon Capture and Sequestration Introduction
11.8.4 Maersk Oil Revenue in Carbon Capture and Sequestration Business (2018-2023)
11.8.5 Maersk Oil 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 Disclaimer
13.3 Author Details
Siemens
Aker Solutions
Fluor
Mitsubishi Heavy Industries
Halliburton
Honeywell International
Shell Global
Maersk Oil
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*If Applicable.