The global market for Carbon Capture and Utilisation (CCU) was valued at US$ 4643 million in the year 2024 and is projected to reach a revised size of US$ 7555 million by 2031, growing at a CAGR of 7.5% during the forecast period.
Carbon Capture and Utilization (CCU) is considered the end-stage application of carbon capture technologies. As the final step in carbon capture processes, CCU utilizes CO鈧� which captured from Pre-Combustion Carbon Capture, Oxy-Combustion Carbon Capture, Post-Combustion Carbon Capture, and apply it in Oil & Gas, Power Generation, etc. In the energy sector, CO鈧� is used for Enhanced Oil Recovery (EOR) to increase oil extraction efficiency. In chemicals and fuels, captured CO鈧� serves as a feedstock for synthetic fuels, methanol, and other industrial chemicals. The construction industry utilizes CO鈧� in concrete curing and carbonated building materials, enhancing strength while reducing emissions. Such technologies are at different stages of development, and some are already commercially available. CCS (Carbon Capture and Storage) is a technology designed to reduce carbon dioxide (CO2) emissions by capturing CO2 from industrial processes and power plants and piping it to a storage site to be permanently sequestered, thereby preventing it from entering the atmosphere. Whether it is CCS or CCU, the captured CO2 needs to be compressed for transportation and subsequent processing, so CCS, CCU together form CCUS, an integrated technology that reduces greenhouse gas emissions and mitigates the impacts of climate change by capturing carbon dioxide (CO2) generated from industrial and energy production processes and utilizing it or sequestering it. The CCUS technology is not only capable of capture and store CO2 but also be able to convert it into valuable products, thus realizing both environmental and economic benefits. These applications not only mitigate emissions but also create economic value, driving the commercialization of CCU technologies.
The major global companies of Carbon Capture and Utilisation (CCU) include Exxon Mobil, Aker Solutions (SLB), Linde PLC, Mitsubishi Heavy Industries, Ltd., Halliburton, Huaneng, BASF, General Electric, Siemens AG, Honeywell UOP, Sulzer, Equinor, Shell, JX Nippon (ENEOS), Carbonfree, Sinopec, Fluor Corporation. In 2024, the world's top five vendors accounted for approximately 40.73% of the revenue.
The Carbon Capture Utilization (CCU) market has undergone significant evolution in recent years, driven by the increasing global demand for sustainable and innovative solutions to mitigate climate change. Historically, the CCU sector focused primarily on carbon capture technologies, with limited focus on utilizing captured CO2 in productive ways. However, over the past decade, advances in CCU technologies have allowed for not only the capture but also the conversion of CO2 into valuable products, ranging from synthetic fuels to chemicals and building materials. Early market adoption was fueled by government policies, environmental regulations, and the need for heavy industries to comply with emissions reduction targets.
Currently, the CCU market is experiencing rapid growth, with key industries such as Oil and gas, power generation锛宑ement, steel, and energy embracing carbon capture and utilization as essential elements of their sustainability strategies. Innovations in direct air capture (DAC) and bio-based conversion technologies are expanding the potential for CO2 utilization. Furthermore, collaboration between private companies, governments, and research institutions has accelerated the development of commercial-scale CCU facilities, driving cost reductions and efficiency improvements.
Looking forward, the future of the CCU market is poised for substantial transformation. One of the most prominent trends is the continued development of economically viable utilization technologies that convert captured CO2 into high-demand products, including chemicals, fuels, and consumer goods. The integration of renewable energy with carbon capture systems, such as using excess wind or solar power to power carbon capture processes, will also play a crucial role in enhancing the sustainability and cost-effectiveness of CCU technologies. As the global carbon market expands and more governments adopt stringent climate targets, the demand for CCU solutions is expected to rise sharply, with carbon credits and incentives further boosting market dynamics.
This report aims to provide a comprehensive presentation of the global market for Carbon Capture and Utilisation (CCU), 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 Utilisation (CCU).
The Carbon Capture and Utilisation (CCU) market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Carbon Capture and Utilisation (CCU) 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 Utilisation (CCU) 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.
麻豆原创 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
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by 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 Utilisation (CCU) company 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 main companies in the market in detail, including product sales, revenue, price, 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 麻豆原创 Analysis by Type
1.2.1 Global Carbon Capture and Utilisation (CCU) 麻豆原创 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 麻豆原创 by Application
1.3.1 Global Carbon Capture and Utilisation (CCU) 麻豆原创 Growth 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) 麻豆原创 Perspective (2020-2031)
2.2 Global Carbon Capture and Utilisation (CCU) Growth Trends by Region
2.2.1 Global Carbon Capture and Utilisation (CCU) 麻豆原创 Size by Region: 2020 VS 2024 VS 2031
2.2.2 Carbon Capture and Utilisation (CCU) Historic 麻豆原创 Size by Region (2020-2025)
2.2.3 Carbon Capture and Utilisation (CCU) Forecasted 麻豆原创 Size by Region (2026-2031)
2.3 Carbon Capture and Utilisation (CCU) 麻豆原创 Dynamics
2.3.1 Carbon Capture and Utilisation (CCU) Industry Trends
2.3.2 Carbon Capture and Utilisation (CCU) 麻豆原创 Drivers
2.3.3 Carbon Capture and Utilisation (CCU) 麻豆原创 Challenges
2.3.4 Carbon Capture and Utilisation (CCU) 麻豆原创 Restraints
3 Competition Landscape by Key Players
3.1 Global Top Carbon Capture and Utilisation (CCU) Players by Revenue
3.1.1 Global Top Carbon Capture and Utilisation (CCU) Players by Revenue (2020-2025)
3.1.2 Global Carbon Capture and Utilisation (CCU) Revenue 麻豆原创 Share by Players (2020-2025)
3.2 Global Top Carbon Capture and Utilisation (CCU) Players by Company Type and 麻豆原创 Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Carbon Capture and Utilisation (CCU) Revenue
3.4 Global Carbon Capture and Utilisation (CCU) 麻豆原创 Concentration Ratio
3.4.1 Global Carbon Capture and Utilisation (CCU) 麻豆原创 Concentration Ratio (CR5 and HHI)
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 麻豆原创 Size by Type (2020-2025)
4.2 Global Carbon Capture and Utilisation (CCU) Forecasted 麻豆原创 Size by Type (2026-2031)
5 Carbon Capture and Utilisation (CCU) Breakdown Data by Application
5.1 Global Carbon Capture and Utilisation (CCU) Historic 麻豆原创 Size by Application (2020-2025)
5.2 Global Carbon Capture and Utilisation (CCU) Forecasted 麻豆原创 Size by Application (2026-2031)
6 North America
6.1 North America Carbon Capture and Utilisation (CCU) 麻豆原创 Size (2020-2031)
6.2 North America Carbon Capture and Utilisation (CCU) 麻豆原创 Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America Carbon Capture and Utilisation (CCU) 麻豆原创 Size by Country (2020-2025)
6.4 North America Carbon Capture and Utilisation (CCU) 麻豆原创 Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Carbon Capture and Utilisation (CCU) 麻豆原创 Size (2020-2031)
7.2 Europe Carbon Capture and Utilisation (CCU) 麻豆原创 Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe Carbon Capture and Utilisation (CCU) 麻豆原创 Size by Country (2020-2025)
7.4 Europe Carbon Capture and Utilisation (CCU) 麻豆原创 Size by Country (2026-2031)
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 Utilisation (CCU) 麻豆原创 Size (2020-2031)
8.2 Asia-Pacific Carbon Capture and Utilisation (CCU) 麻豆原创 Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific Carbon Capture and Utilisation (CCU) 麻豆原创 Size by Region (2020-2025)
8.4 Asia-Pacific Carbon Capture and Utilisation (CCU) 麻豆原创 Size by Region (2026-2031)
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 Utilisation (CCU) 麻豆原创 Size (2020-2031)
9.2 Latin America Carbon Capture and Utilisation (CCU) 麻豆原创 Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America Carbon Capture and Utilisation (CCU) 麻豆原创 Size by Country (2020-2025)
9.4 Latin America Carbon Capture and Utilisation (CCU) 麻豆原创 Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Carbon Capture and Utilisation (CCU) 麻豆原创 Size (2020-2031)
10.2 Middle East & Africa Carbon Capture and Utilisation (CCU) 麻豆原创 Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa Carbon Capture and Utilisation (CCU) 麻豆原创 Size by Country (2020-2025)
10.4 Middle East & Africa Carbon Capture and Utilisation (CCU) 麻豆原创 Size by Country (2026-2031)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
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
13.1.1.1 Research Programs/Design
13.1.1.2 麻豆原创 Size Estimation
13.1.1.3 麻豆原创 Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
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
听
听
*If Applicable.