CO2 Capture and Storage (CCS), is a set of technologies and processes aimed at capturing carbon dioxide (CO2) emissions from industrial and energy-related sources, utilizing the captured CO2 for various purposes, and storing it underground in a secure and permanent manner.
The goal of CCS is to reduce greenhouse gas emissions, particularly CO2, by capturing and storing it before it enters the atmosphere. It is considered a critical technology for achieving deep decarbonization and meeting climate change mitigation targets. CCS can help industries transition to lower-carbon operations while maintaining reliable energy supplies and supporting economic growth."
The global CO2 Capture and Storage Technology market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
CCS development has gained significant momentum in recent years, driven by strengthened climate targets and subsequently increased policy support for the technology around the world. In 2022, 61 new CCS facilities were added to the project pipeline globally, bringing the global total of CCS projects to 30 in operation, 11 under construction and 153 in development. The US already has more CCS projects than any other country, and its landmark Inflation Reduction Act of 2022 is expected to drive further deployment of the technology in the coming years.
In Europe, countries including the UK, Netherlands and Norway are looking to develop CCS in regional industrial clusters, in which multiple emitters can benefit economically from shared transportation and storage infrastructure.
This report aims to provide a comprehensive presentation of the global market for CO2 Capture and Storage Technology, 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 CO2 Capture and Storage Technology.
Report Scope
The CO2 Capture and Storage Technology market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global CO2 Capture and Storage Technology 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 CO2 Capture and Storage Technology companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Âé¶¹Ô´´ Segmentation
By Company
Mitsubishi Heavy Industries (MHI)
Siemens Energy
Shell
Carbon Engineering
Climeworks
Occidental Petroleum Oxy
Aker Solutions
Carbon Clean Solutions
Global Thermostat
C-Capture
Schlumberger (SLB)
Bechtel
ION Clean Energy
Chevron
Svante Technologies
NET Power
LanzaTech
Segment by Type
CO2 Capture and Storage (CCS)
CO2 Capture and Utilization (CCU)
Segment by Application
Industrial Facilities
Power Plant
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
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 CO2 Capture and Storage Technology 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 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.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Âé¶¹Ô´´ Analysis by Type
1.2.1 Global CO2 Capture and Storage Technology Âé¶¹Ô´´ Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 CO2 Capture and Storage (CCS)
1.2.3 CO2 Capture and Utilization (CCU)
1.3 Âé¶¹Ô´´ by Application
1.3.1 Global CO2 Capture and Storage Technology Âé¶¹Ô´´ Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Industrial Facilities
1.3.3 Power Plant
1.3.4 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global CO2 Capture and Storage Technology Âé¶¹Ô´´ Perspective (2019-2030)
2.2 CO2 Capture and Storage Technology Growth Trends by Region
2.2.1 Global CO2 Capture and Storage Technology Âé¶¹Ô´´ Size by Region: 2019 VS 2023 VS 2030
2.2.2 CO2 Capture and Storage Technology Historic Âé¶¹Ô´´ Size by Region (2019-2024)
2.2.3 CO2 Capture and Storage Technology Forecasted Âé¶¹Ô´´ Size by Region (2025-2030)
2.3 CO2 Capture and Storage Technology Âé¶¹Ô´´ Dynamics
2.3.1 CO2 Capture and Storage Technology Industry Trends
2.3.2 CO2 Capture and Storage Technology Âé¶¹Ô´´ Drivers
2.3.3 CO2 Capture and Storage Technology Âé¶¹Ô´´ Challenges
2.3.4 CO2 Capture and Storage Technology Âé¶¹Ô´´ Restraints
3 Competition Landscape by Key Players
3.1 Global Top CO2 Capture and Storage Technology Players by Revenue
3.1.1 Global Top CO2 Capture and Storage Technology Players by Revenue (2019-2024)
3.1.2 Global CO2 Capture and Storage Technology Revenue Âé¶¹Ô´´ Share by Players (2019-2024)
3.2 Global CO2 Capture and Storage Technology Âé¶¹Ô´´ Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by CO2 Capture and Storage Technology Revenue
3.4 Global CO2 Capture and Storage Technology Âé¶¹Ô´´ Concentration Ratio
3.4.1 Global CO2 Capture and Storage Technology Âé¶¹Ô´´ Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by CO2 Capture and Storage Technology Revenue in 2023
3.5 CO2 Capture and Storage Technology Key Players Head office and Area Served
3.6 Key Players CO2 Capture and Storage Technology Product Solution and Service
3.7 Date of Enter into CO2 Capture and Storage Technology Âé¶¹Ô´´
3.8 Mergers & Acquisitions, Expansion Plans
4 CO2 Capture and Storage Technology Breakdown Data by Type
4.1 Global CO2 Capture and Storage Technology Historic Âé¶¹Ô´´ Size by Type (2019-2024)
4.2 Global CO2 Capture and Storage Technology Forecasted Âé¶¹Ô´´ Size by Type (2025-2030)
5 CO2 Capture and Storage Technology Breakdown Data by Application
5.1 Global CO2 Capture and Storage Technology Historic Âé¶¹Ô´´ Size by Application (2019-2024)
5.2 Global CO2 Capture and Storage Technology Forecasted Âé¶¹Ô´´ Size by Application (2025-2030)
6 North America
6.1 North America CO2 Capture and Storage Technology Âé¶¹Ô´´ Size (2019-2030)
6.2 North America CO2 Capture and Storage Technology Âé¶¹Ô´´ Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America CO2 Capture and Storage Technology Âé¶¹Ô´´ Size by Country (2019-2024)
6.4 North America CO2 Capture and Storage Technology Âé¶¹Ô´´ Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe CO2 Capture and Storage Technology Âé¶¹Ô´´ Size (2019-2030)
7.2 Europe CO2 Capture and Storage Technology Âé¶¹Ô´´ Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe CO2 Capture and Storage Technology Âé¶¹Ô´´ Size by Country (2019-2024)
7.4 Europe CO2 Capture and Storage Technology Âé¶¹Ô´´ Size by Country (2025-2030)
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 CO2 Capture and Storage Technology Âé¶¹Ô´´ Size (2019-2030)
8.2 Asia-Pacific CO2 Capture and Storage Technology Âé¶¹Ô´´ Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific CO2 Capture and Storage Technology Âé¶¹Ô´´ Size by Region (2019-2024)
8.4 Asia-Pacific CO2 Capture and Storage Technology Âé¶¹Ô´´ Size by Region (2025-2030)
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 CO2 Capture and Storage Technology Âé¶¹Ô´´ Size (2019-2030)
9.2 Latin America CO2 Capture and Storage Technology Âé¶¹Ô´´ Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America CO2 Capture and Storage Technology Âé¶¹Ô´´ Size by Country (2019-2024)
9.4 Latin America CO2 Capture and Storage Technology Âé¶¹Ô´´ Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa CO2 Capture and Storage Technology Âé¶¹Ô´´ Size (2019-2030)
10.2 Middle East & Africa CO2 Capture and Storage Technology Âé¶¹Ô´´ Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa CO2 Capture and Storage Technology Âé¶¹Ô´´ Size by Country (2019-2024)
10.4 Middle East & Africa CO2 Capture and Storage Technology Âé¶¹Ô´´ Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Mitsubishi Heavy Industries (MHI)
11.1.1 Mitsubishi Heavy Industries (MHI) Company Detail
11.1.2 Mitsubishi Heavy Industries (MHI) Business Overview
11.1.3 Mitsubishi Heavy Industries (MHI) CO2 Capture and Storage Technology Introduction
11.1.4 Mitsubishi Heavy Industries (MHI) Revenue in CO2 Capture and Storage Technology Business (2019-2024)
11.1.5 Mitsubishi Heavy Industries (MHI) Recent Development
11.2 Siemens Energy
11.2.1 Siemens Energy Company Detail
11.2.2 Siemens Energy Business Overview
11.2.3 Siemens Energy CO2 Capture and Storage Technology Introduction
11.2.4 Siemens Energy Revenue in CO2 Capture and Storage Technology Business (2019-2024)
11.2.5 Siemens Energy Recent Development
11.3 Shell
11.3.1 Shell Company Detail
11.3.2 Shell Business Overview
11.3.3 Shell CO2 Capture and Storage Technology Introduction
11.3.4 Shell Revenue in CO2 Capture and Storage Technology Business (2019-2024)
11.3.5 Shell Recent Development
11.4 Carbon Engineering
11.4.1 Carbon Engineering Company Detail
11.4.2 Carbon Engineering Business Overview
11.4.3 Carbon Engineering CO2 Capture and Storage Technology Introduction
11.4.4 Carbon Engineering Revenue in CO2 Capture and Storage Technology Business (2019-2024)
11.4.5 Carbon Engineering Recent Development
11.5 Climeworks
11.5.1 Climeworks Company Detail
11.5.2 Climeworks Business Overview
11.5.3 Climeworks CO2 Capture and Storage Technology Introduction
11.5.4 Climeworks Revenue in CO2 Capture and Storage Technology Business (2019-2024)
11.5.5 Climeworks Recent Development
11.6 Occidental Petroleum Oxy
11.6.1 Occidental Petroleum Oxy Company Detail
11.6.2 Occidental Petroleum Oxy Business Overview
11.6.3 Occidental Petroleum Oxy CO2 Capture and Storage Technology Introduction
11.6.4 Occidental Petroleum Oxy Revenue in CO2 Capture and Storage Technology Business (2019-2024)
11.6.5 Occidental Petroleum Oxy Recent Development
11.7 Aker Solutions
11.7.1 Aker Solutions Company Detail
11.7.2 Aker Solutions Business Overview
11.7.3 Aker Solutions CO2 Capture and Storage Technology Introduction
11.7.4 Aker Solutions Revenue in CO2 Capture and Storage Technology Business (2019-2024)
11.7.5 Aker Solutions Recent Development
11.8 Carbon Clean Solutions
11.8.1 Carbon Clean Solutions Company Detail
11.8.2 Carbon Clean Solutions Business Overview
11.8.3 Carbon Clean Solutions CO2 Capture and Storage Technology Introduction
11.8.4 Carbon Clean Solutions Revenue in CO2 Capture and Storage Technology Business (2019-2024)
11.8.5 Carbon Clean Solutions Recent Development
11.9 Global Thermostat
11.9.1 Global Thermostat Company Detail
11.9.2 Global Thermostat Business Overview
11.9.3 Global Thermostat CO2 Capture and Storage Technology Introduction
11.9.4 Global Thermostat Revenue in CO2 Capture and Storage Technology Business (2019-2024)
11.9.5 Global Thermostat Recent Development
11.10 C-Capture
11.10.1 C-Capture Company Detail
11.10.2 C-Capture Business Overview
11.10.3 C-Capture CO2 Capture and Storage Technology Introduction
11.10.4 C-Capture Revenue in CO2 Capture and Storage Technology Business (2019-2024)
11.10.5 C-Capture Recent Development
11.11 Schlumberger (SLB)
11.11.1 Schlumberger (SLB) Company Detail
11.11.2 Schlumberger (SLB) Business Overview
11.11.3 Schlumberger (SLB) CO2 Capture and Storage Technology Introduction
11.11.4 Schlumberger (SLB) Revenue in CO2 Capture and Storage Technology Business (2019-2024)
11.11.5 Schlumberger (SLB) Recent Development
11.12 Bechtel
11.12.1 Bechtel Company Detail
11.12.2 Bechtel Business Overview
11.12.3 Bechtel CO2 Capture and Storage Technology Introduction
11.12.4 Bechtel Revenue in CO2 Capture and Storage Technology Business (2019-2024)
11.12.5 Bechtel Recent Development
11.13 ION Clean Energy
11.13.1 ION Clean Energy Company Detail
11.13.2 ION Clean Energy Business Overview
11.13.3 ION Clean Energy CO2 Capture and Storage Technology Introduction
11.13.4 ION Clean Energy Revenue in CO2 Capture and Storage Technology Business (2019-2024)
11.13.5 ION Clean Energy Recent Development
11.14 Chevron
11.14.1 Chevron Company Detail
11.14.2 Chevron Business Overview
11.14.3 Chevron CO2 Capture and Storage Technology Introduction
11.14.4 Chevron Revenue in CO2 Capture and Storage Technology Business (2019-2024)
11.14.5 Chevron Recent Development
11.15 Svante Technologies
11.15.1 Svante Technologies Company Detail
11.15.2 Svante Technologies Business Overview
11.15.3 Svante Technologies CO2 Capture and Storage Technology Introduction
11.15.4 Svante Technologies Revenue in CO2 Capture and Storage Technology Business (2019-2024)
11.15.5 Svante Technologies Recent Development
11.16 NET Power
11.16.1 NET Power Company Detail
11.16.2 NET Power Business Overview
11.16.3 NET Power CO2 Capture and Storage Technology Introduction
11.16.4 NET Power Revenue in CO2 Capture and Storage Technology Business (2019-2024)
11.16.5 NET Power Recent Development
11.17 LanzaTech
11.17.1 LanzaTech Company Detail
11.17.2 LanzaTech Business Overview
11.17.3 LanzaTech CO2 Capture and Storage Technology Introduction
11.17.4 LanzaTech Revenue in CO2 Capture and Storage Technology Business (2019-2024)
11.17.5 LanzaTech 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
Mitsubishi Heavy Industries (MHI)
Siemens Energy
Shell
Carbon Engineering
Climeworks
Occidental Petroleum Oxy
Aker Solutions
Carbon Clean Solutions
Global Thermostat
C-Capture
Schlumberger (SLB)
Bechtel
ION Clean Energy
Chevron
Svante Technologies
NET Power
LanzaTech
Ìý
Ìý
*If Applicable.