Carbon Capture and Storage (CCS) Market
Carbon Capture and Storage (CCS) Market Analysis by Direct Air and Bioenergy through Pre-combustion, Oxy-fuel Combustion, and Post-combustion Capture from 2023 to 2033
Analysis of Carbon Capture and Storage (CCS) Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Carbon Capture and Storage Growth Outlook (2023 to 2033)
The market for carbon capture and storage was estimated to be worth roughly US$ 2.9 billion in 2023 and is projected to grow at a CAGR of 13.4% to reach US$ 10.2 billion by 2033.
Carbon dioxide (CO2) capture and storage (CCS) is a procedure that involves removing CO2 from energy- and industrial-related sources and transporting it to a storage facility and prolonged isolation from the outside world. The process is a very supportive strategy for the mitigation and stabilization of atmospheric greenhouse gas concentrations. Oil & Gas is the most prominent industry using CCS as it would benefit the current and future energy requirements of the planet.
| Report Attributes | Details |
|---|---|
| Carbon Capture and Storage (CCS) Size (2022A) | US$ 2.5 Billion |
| Estimated Market Value (2023E) | US$ 2.9 Billion |
| Forecasted Market Value (2033F) | US$ 10.2 Billion |
| Global Market Growth Rate (2023 to 2033) | 13.4% CAGR |
| North America Market Share (2023) | 38.2% |
| Key Companies Profiled | Aker Solutions; Exxon Mobil Corporation; Hitachi; Honeywell International; JGC Holdings Corporation; Mitsubishi Heavy Industries, Ltd.; Royal Dutch Shell |
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Global Carbon Capture and Storage (CCS) Historical Outlook (2018 to 2022) vs. Forecast Outlook (2023 to 2033)
As a result of increasing carbon in the atmosphere, hazardous impacts can be seen on the environment. CCS is a very efficient & cost-effective way of atmospheric decarbonization. It plays a vital role in carbon reduction from the “hard-to-abate” industrial sector. Additionally, the captured carbon can be further utilized for producing hydrogen fuel & low carbon electricity.
Carbon capture has gained significant momentum in recent years owing to the increasing concerns over changing climatic conditions. Since government policies supported by climatic targets have increased the overall market of companies offering carbon capture & storage services.
- Growth Factors for Short Term (2023 to 2026): CCS provides near term pathway to rapidly reduce the impact of the existing emission-intensive processes while zero-carbon alternative solutions mature.
- Factors for Medium-Term Growth (2026 to 2029): The solution for the rapidly evolving landscape of decarbonization potentially involves a large investment. CCS is a prominent solution for long-term atmospheric carbon reduction in scenarios where zero carbon alternatives are unclear.
- Long-Term Growth Opportunities (2029 to 2033): CO2 management business model and deployment approaches are evolving, facilitating rapid scaling of CCS. Investment in R&D can ensure that cutting-edge CCUS applications are economically adopted in important industries such as heavy industry (cement, steel, and chemicals), CO2 usage for the creation of synthetic fuels, and carbon removal.
Market Dynamics Overview
“Varied Applications of Captured Carbon to Increase Its Industrial Adoption”
Carbon capture and storage facilities are generally used to capture CO2 released into the atmosphere by the industries, agricultural, and oil & gas sectors as well as during EOR operations. Owing to its effectiveness in lowering greenhouse gas emissions in the oil and gas industry, the usage of captured carbon in enhanced oil recovery has been a prominent application.
Additionally, capturing and storing carbon dioxide produced during industrial and power-generating processes would prevent carbon dioxide from entering the environment. Using technologies for carbon capture and storage might drastically lower CO2 emissions from energy systems.
Also, the use of carbon capture and storage in the industrial sector has increased since it can be further used for large-scale industrial operations including refineries, iron & steel plant, cement production, ammonia production, and chemical processing and production of biofuels.
The use of carbon capture and storage is also expanding in the agriculture sector, biomass-to-energy where biomass is used as a source of energy in CO2 abatement, capture, and storage (BECCS) systems. This demonstrates how bioenergy carbon capture and storage have larger growth potential (BECCS). Such factors drive the CCS service market in a long run.
“Factors Affecting the Market’s Growth”
The market's development is hampered by safety concerns regarding storage methods and locations. One of the main problems with holding CO2 beneath the Earth's surface is CO2 leakage. Leaks of CO2 can result in cryogenic burns, acidification of the earth, changes to the groundwater, and water contamination. Therefore, an appropriate location for CO2 storage is essential for determining the gravity and likelihood of risks.
Additionally, infrastructure development for carbon capture & storage requires an enormous amount of capital. Despite the importance of CCUS for achieving a clean energy transition, the deployment has been very slow in the past years owing to the amount of money required to upgrade the infrastructure.
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Country-wise Insights
What is the Demand Outlook for Carbon Capture and Storage (CCS) in the United States?
The United States continued to be the second-largest CO2 emitter as of 2021 to 2022, after China. Around 4.9 billion tons of CO2 were emitted from energy consumption in 2021. This has been the main factor driving the use of carbon capture and storage technologies in the United States.
In the United States, where the Inflation Reduction Act (IRA) of 2022, along with funds under the Infrastructure Investment and Jobs Act, is projected to encourage additional CCUS implementation, there is growing acknowledgment of the role that CCUS technologies play in achieving net zero goals.
Furthermore, the United States is home to eleven significant large-scale CCS plants out of the 51 large-scale CCS facilities that are operational or being built globally as of 2020. Also, the use of carbon capture and storage in the EOR process is expanding in the United States as oil companies adopt this method to effectively cut greenhouse gas emissions.
Also, when running for president, Biden discussed a plan to stop carbon emissions from US manufacturing facilities by 2035 and advocated for increased public investment in creating green infrastructure, including US$ 2 trillion that is planned to be allocated to clean energy projects.
All these factors suggest that there is more potential for expansion in the carbon capture and storage market in the United States in the years to come.
How does China be likely to Adopt Carbon Capture and Storage Practices?
China is the world's top CO2 producer and contributes approximately 27% of global carbon emissions. The current industrial expansion growth rate of China will eventually increase the atmospheric carbon.
Without China’s collaborative effort, achieving the global climate goal will be impossible. The government's carbon trading program is expected to depend heavily on revenue to sustain its long-term expansion.
By 2025, mainland China might have eight large-scale carbon capture, utilization, and storage (CCUS) plants developed, in addition to the 14 that are already operational and have a combined annual capacity of 2.1 million tons.
Category-wise Insights
Why is the Oil & Gas Industry the Most Alluring in the CCS Market?
Carbon capture and storage (CCS) is being used by the oil and gas sector to cut greenhouse gas emissions. For increased oil recovery, the oil and gas industry has created CCS systems to store carbon dioxide in onshore or offshore deep geological formations.
Because carbon dioxide is insoluble in oil, adding more of it increases a reservoir's pressure, which helps push oil out of the production well. In Texas (the United States), carbon dioxide had been employed for EOR procedures for about 30 years. More than 20% of Texa's total oil production comes from enhanced oil recovery, with some locations recovering 70% of their initial oil.
Which Technology Is Expected to Drive Significant Growth?
Many technologies can be used to capture CO2 at the facility where it is being released. There are three types: oxy-fuel combustion systems, pre-combustion carbon capture, and post-combustion carbon capture, which is the main technique utilized in current power plants.
For post-combustion carbon capture, CO2 is taken out of the combustion exhaust. The use of CCS technology to lower industrial CO2 emissions has increased. Pre-combustion CCS technology has been developed as a result of industrial facilities having economically effective pre-combustion capture equipment in situ.
Yet pre-combustion capture technology is still in its infancy in power plants. This procedure entails converting fuel to gas and then taking out the CO2. As pre-combustion capture technology is less expensive than alternatives, hence, only newly built facilities have seen an increase in demand for pre-combustion carbon capture and storage services.
Know thy Competitors
Competitive landscape highlights only certain players
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Competitive Landscape
Prominent Carbon Capture and Storage (CCS) manufacturers are Exxon Mobil Corporation, Halliburton, Hitachi, Honeywell International, JGC Holdings Corporation, Mitsubishi Heavy Industries, Ltd., Royal Dutch Shell, and Schlumberger Limited.
Companies like Calpine, Chevron, Dow, and 8 others, for instance, have pledged to start searching options that could result in the capture and safe storage of up to 50 million TPY of CO2 by 2030 and approximately 100 million TPY by 2040 in Houston's Industrial sector. Hence, the market is highly lucrative and long-term trade relations with potential industry operators are likely to offer immense growth opportunities to the market players.
Fact.MR has provided detailed information about the price points of key manufacturers of carbon capture and storage (CCS) positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
Segmentation of Carbon Capture and Storage (CCS) Market
-
By Type :
- Direct Air
- Bioenergy
-
By Technology :
- Pre-combustion Capture
- Oxy-Fuel Combustion Capture
- Post Combustion Capture
-
By Service Type :
- Capture
- Transportation
- Utilization
- Storage
-
By Application :
- Agriculture
- Oil & Gas
- Iron & Steel
- Building & Construction
- Chemical & Petrochemical
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
Table of Content
- 1. Market - Executive Summary
- 2. Market Overview
- 3. Market Background and Foundation Data
- 4. Global Demand (Tons) Analysis and Forecast
- 5. Global Market - Pricing Analysis
- 6. Global Market Value (US$ million) Analysis and Forecast
- 7. Global Market Analysis and Forecast, By Type
- 7.1. Direct Air
- 7.2. Bioenergy
- 8. Global Market Analysis and Forecast, By Technology
- 8.1. Pre-Combustion Capture
- 8.2. Oxy-Fuel Combustion Capture
- 8.3. Post-Combustion Capture
- 9. Global Market Analysis and Forecast, By Service Type
- 9.1. Capture
- 9.2. Transportation
- 9.3. Utilization
- 9.4. Storage
- 10. Global Market Analysis and Forecast, By End Use Industry
- 10.1. Agriculture
- 10.2. Oil & Gas
- 10.3. Iron & Steel
- 10.4. Building & Construction
- 10.5. Chemical & Petrochemical
- 10.6. Power Generation
- 10.7. Others
- 11. Global Market Analysis and Forecast, By Region
- 11.1. North America
- 11.2. Latin America
- 11.3. Europe
- 11.4. East Asia
- 11.5. South Asia & Oceania
- 11.6. Middle East & Africa
- 12. North America Market Analysis and Forecast
- 13. Latin America Market Analysis and Forecast
- 14. Europe Market Analysis and Forecast
- 15. East Asia Market Analysis and Forecast
- 16. South Asia & Oceania Market Analysis and Forecast
- 17. Middle East & Africa Market Analysis and Forecast
- 18. Country-level Market Analysis and Forecast
- 19. Market Structure Analysis
- 20. Competition Analysis
- 20.1. Air Liquide
- 20.2. Aker Solutions
- 20.3. Dakota Gasification Company
- 20.4. Exxon Mobil Corporation
- 20.5. Halliburton
- 20.6. Hitachi
- 20.7. Honeywell International
- 20.8. JGC Holdings Corporation
- 20.9. Linde PLC
- 20.10. Mitsubishi Heavy Industries, Ltd.
- 20.11. NRG Energy
- 20.12. Occidental Petroleum Corporation
- 20.13. Royal Dutch Shell
- 20.14. Schlumberger Limited
- 20.15. Other Prominent Players
- 21. Assumptions & Acronyms Used
- 22. Research Methodology
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List Of Table
Table 01. Global Market Value (US$ million) by Region, 2018 to 2022
Table 02. Global Market Value (US$ million) and Forecast by Region, 2023 to 2033
Table 03. Global Market Volume (Tons) by Region, 2018 to 2022
Table 04. Global Market Volume (Tons) and Forecast by Region, 2023 to 2033
Table 05. Global Market Value (US$ million) By Type, 2018 to 2022
Table 06. Global Market Value (US$ million) and Forecast By Type, 2023 to 2033
Table 07. Global Market Volume (Tons) By Type, 2018 to 2022
Table 08. Global Market Volume (Tons) and Forecast By Type, 2023 to 2033
Table 09. Global Market Value (US$ million) By Technology, 2018 to 2022
Table 10. Global Market Value (US$ million) and Forecast By Technology, 2023 to 2033
Table 11. Global Market Volume (Tons) By Technology, 2018 to 2022
Table 12. Global Market Volume (Tons) and Forecast By Technology, 2023 to 2033
Table 13. Global Market Value (US$ million) By Service Type, 2018 to 2022
Table 14. Global Market Value (US$ million) and Forecast By Service Type, 2023 to 2033
Table 15. Global Market Volume (Tons) By Service Type, 2018 to 2022
Table 16. Global Market Volume (Tons) and Forecast By Service Type, 2023 to 2033
Table 17. Global Market Value (US$ million) By End Use Industry, 2018 to 2022
Table 18. Global Market Value (US$ million) and Forecast By End Use Industry, 2023 to 2033
Table 19. Global Market Volume (Tons) By End Use Industry, 2018 to 2022
Table 20. Global Market Volume (Tons) and Forecast By End Use Industry, 2023 to 2033
Table 21. North America Market Value (US$ million) by Country, 2018 to 2022
Table 22. North America Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 23. North America Market Volume (Tons) by Country, 2018 to 2022
Table 24. North America Market Volume (Tons) and Forecast by Country, 2023 to 2033
Table 25. North America Market Value (US$ million) By Type, 2018 to 2022
Table 26. North America Market Value (US$ million) and Forecast By Type, 2023 to 2033
Table 27. North America Market Volume (Tons) By Type, 2018 to 2022
Table 28. North America Market Volume (Tons) and Forecast By Type, 2023 to 2033
Table 29. North America Market Value (US$ million) By Technology, 2018 to 2022
Table 30. North America Market Value (US$ million) and Forecast By Technology, 2023 to 2033
Table 31. North America Market Volume (Tons) By Technology, 2018 to 2022
Table 32. North America Market Volume (Tons) and Forecast By Technology, 2023 to 2033
Table 33. North America Market Value (US$ million) By Service Type, 2018 to 2022
Table 34. North America Market Value (US$ million) and Forecast By Service Type, 2023 to 2033
Table 35. North America Market Volume (Tons) By Service Type, 2018 to 2022
Table 36. North America Market Volume (Tons) and Forecast By Service Type, 2023 to 2033
Table 37. North America Market Value (US$ million) By End Use Industry, 2018 to 2022
Table 38. North America Market Value (US$ million) and Forecast By End Use Industry, 2023 to 2033
Table 39. North America Market Volume (Tons) By End Use Industry, 2018 to 2022
Table 40. North America Market Volume (Tons) and Forecast By End Use Industry, 2023 to 2033
Table 41. Latin America Market Value (US$ million) by Country, 2018 to 2022
Table 42. Latin America Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 43. Latin America Market Volume (Tons) by Country, 2018 to 2022
Table 44. Latin America Market Volume (Tons) and Forecast by Country, 2023 to 2033
Table 45. Latin America Market Value (US$ million) By Type, 2018 to 2022
Table 46. Latin America Market Value (US$ million) and Forecast By Type, 2023 to 2033
Table 47. Latin America Market Volume (Tons) By Type, 2018 to 2022
Table 48. Latin America Market Volume (Tons) and Forecast By Type, 2023 to 2033
Table 49. Latin America Market Value (US$ million) By Technology, 2018 to 2022
Table 50. Latin America Market Value (US$ million) and Forecast By Technology, 2023 to 2033
Table 51. Latin America Market Volume (Tons) By Technology, 2018 to 2022
Table 52. Latin America Market Volume (Tons) and Forecast By Technology, 2023 to 2033
Table 53. Latin America Market Value (US$ million) By Service Type, 2018 to 2022
Table 54. Latin America Market Value (US$ million) and Forecast By Service Type, 2023 to 2033
Table 55. Latin America Market Volume (Tons) By Service Type, 2018 to 2022
Table 56. Latin America Market Volume (Tons) and Forecast By Service Type, 2023 to 2033
Table 57. Latin America Market Value (US$ million) By End Use Industry, 2018 to 2022
Table 58. Latin America Market Value (US$ million) and Forecast By End Use Industry, 2023 to 2033
Table 59. Latin America Market Volume (Tons) By End Use Industry, 2018 to 2022
Table 60. Latin America Market Volume (Tons) and Forecast By End Use Industry, 2023 to 2033
Table 61. Europe Market Value (US$ million) by Country, 2018 to 2022
Table 62. Europe Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 63. Europe Market Volume (Tons) by Country, 2018 to 2022
Table 64. Europe Market Volume (Tons) and Forecast by Country, 2023 to 2033
Table 65. Europe Market Value (US$ million) By Type, 2018 to 2022
Table 66. Europe Market Value (US$ million) and Forecast By Type, 2023 to 2033
Table 67. Europe Market Volume (Tons) By Type, 2018 to 2022
Table 68. Europe Market Volume (Tons) and Forecast By Type, 2023 to 2033
Table 69. Europe Market Value (US$ million) By Technology, 2018 to 2022
Table 70. Europe Market Value (US$ million) and Forecast By Technology, 2023 to 2033
Table 71. Europe Market Volume (Tons) By Technology, 2018 to 2022
Table 72. Europe Market Volume (Tons) and Forecast By Technology, 2023 to 2033
Table 73. Europe Market Value (US$ million) By Service Type, 2018 to 2022
Table 74. Europe Market Value (US$ million) and Forecast By Service Type, 2023 to 2033
Table 75. Europe Market Volume (Tons) By Service Type, 2018 to 2022
Table 76. Europe Market Volume (Tons) and Forecast By Service Type, 2023 to 2033
Table 77. Europe Market Value (US$ million) By End Use Industry, 2018 to 2022
Table 78. Europe Market Value (US$ million) and Forecast By End Use Industry, 2023 to 2033
Table 79. Europe Market Volume (Tons) By End Use Industry, 2018 to 2022
Table 80. Europe Market Volume (Tons) and Forecast By End Use Industry, 2023 to 2033
Table 81. East Asia Market Value (US$ million) by Country, 2018 to 2022
Table 82. East Asia Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 83. East Asia Market Volume (Tons) by Country, 2018 to 2022
Table 84. East Asia Market Volume (Tons) and Forecast by Country, 2023 to 2033
Table 85. East Asia Market Value (US$ million) By Type, 2018 to 2022
Table 86. East Asia Market Value (US$ million) and Forecast By Type, 2023 to 2033
Table 87. East Asia Market Volume (Tons) By Type, 2018 to 2022
Table 88. East Asia Market Volume (Tons) and Forecast By Type, 2023 to 2033
Table 89. East Asia Market Value (US$ million) By Technology, 2018 to 2022
Table 90. East Asia Market Value (US$ million) and Forecast By Technology, 2023 to 2033
Table 91. East Asia Market Volume (Tons) By Technology, 2018 to 2022
Table 92. East Asia Market Volume (Tons) and Forecast By Technology, 2023 to 2033
Table 93. East Asia Market Value (US$ million) By Service Type, 2018 to 2022
Table 94. East Asia Market Value (US$ million) and Forecast By Service Type, 2023 to 2033
Table 95. East Asia Market Volume (Tons) By Service Type, 2018 to 2022
Table 96. East Asia Market Volume (Tons) and Forecast By Service Type, 2023 to 2033
Table 97. East Asia Market Value (US$ million) By End Use Industry, 2018 to 2022
Table 98. East Asia Market Value (US$ million) and Forecast By End Use Industry, 2023 to 2033
Table 99. East Asia Market Volume (Tons) By End Use Industry, 2018 to 2022
Table 100. East Asia Market Volume (Tons) and Forecast By End Use Industry, 2023 to 2033
Table 101. South Asia & Oceania Market Value (US$ million) by Country, 2018 to 2022
Table 102. South Asia & Oceania Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 103. South Asia & Oceania Market Volume (Tons) by Country, 2018 to 2022
Table 104. South Asia & Oceania Market Volume (Tons) and Forecast by Country, 2023 to 2033
Table 105. South Asia & Oceania Market Value (US$ million) By Type, 2018 to 2022
Table 106. South Asia & Oceania Market Value (US$ million) and Forecast By Type, 2023 to 2033
Table 107. South Asia & Oceania Market Volume (Tons) By Type, 2018 to 2022
Table 108. South Asia & Oceania Market Volume (Tons) and Forecast By Type, 2023 to 2033
Table 109. South Asia & Oceania Market Value (US$ million) By Technology, 2018 to 2022
Table 110. South Asia & Oceania Market Value (US$ million) and Forecast By Technology, 2023 to 2033
Table 111. South Asia & Oceania Market Volume (Tons) By Technology, 2018 to 2022
Table 112. South Asia & Oceania Market Volume (Tons) and Forecast By Technology, 2023 to 2033
Table 113. South Asia & Oceania Market Value (US$ million) By Service Type, 2018 to 2022
Table 114. South Asia & Oceania Market Value (US$ million) and Forecast By Service Type, 2023 to 2033
Table 115. South Asia & Oceania Market Volume (Tons) By Service Type, 2018 to 2022
Table 116. South Asia & Oceania Market Volume (Tons) and Forecast By Service Type, 2023 to 2033
Table 117. South Asia & Oceania Market Value (US$ million) By End Use Industry, 2018 to 2022
Table 118. South Asia & Oceania Market Value (US$ million) and Forecast By End Use Industry, 2023 to 2033
Table 119. South Asia & Oceania Market Volume (Tons) By End Use Industry, 2018 to 2022
Table 120. South Asia & Oceania Market Volume (Tons) and Forecast By End Use Industry, 2023 to 2033
Table 121. MEA Market Value (US$ million) by Country, 2018 to 2022
Table 122. MEA Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 123. MEA Market Volume (Tons) by Country, 2018 to 2022
Table 124. MEA Market Volume (Tons) and Forecast by Country, 2023 to 2033
Table 125. MEA Market Value (US$ million) By Type, 2018 to 2022
Table 126. MEA Market Value (US$ million) and Forecast By Type, 2023 to 2033
Table 127. MEA Market Volume (Tons) By Type, 2018 to 2022
Table 128. MEA Market Volume (Tons) and Forecast By Type, 2023 to 2033
Table 129. MEA Market Value (US$ million) By Technology, 2018 to 2022
Table 130. MEA Market Value (US$ million) and Forecast By Technology, 2023 to 2033
Table 131. MEA Market Volume (Tons) By Technology, 2018 to 2022
Table 132. MEA Market Volume (Tons) and Forecast By Technology, 2023 to 2033
Table 133. MEA Market Value (US$ million) By Service Type, 2018 to 2022
Table 134. MEA Market Value (US$ million) and Forecast By Service Type, 2023 to 2033
Table 135. MEA Market Volume (Tons) By Service Type, 2018 to 2022
Table 136. MEA Market Volume (Tons) and Forecast By Service Type, 2023 to 2033
Table 137. MEA Market Value (US$ million) By End Use Industry, 2018 to 2022
Table 138. MEA Market Value (US$ million) and Forecast By End Use Industry, 2023 to 2033
Table 139. MEA Market Volume (Tons) By End Use Industry, 2018 to 2022
Table 140. MEA Market Volume (Tons) and Forecast By End Use Industry, 2023 to 2033
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List Of Figures
Figure 01. Global Market Value (US$ million) and Volume (Tons) Forecast, 2023 to 2033
Figure 02. Global Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 03. Global Market Value (US$ million) and Volume (Tons) by Region, 2023 & 2033
Figure 04. Global Market Y-o-Y Growth Rate by Region, 2023 to 2033
Figure 05. Global Market Value (US$ million) and Volume (Tons) By Type, 2023 & 2033
Figure 06. Global Market Y-o-Y Growth Rate By Type, 2023 to 2033
Figure 07. Global Market Value (US$ million) and Volume (Tons) By Technology, 2023 & 2033
Figure 08. Global Market Y-o-Y Growth Rate By Technology, 2023 to 2033
Figure 09. Global Market Value (US$ million) and Volume (Tons) By Service Type, 2023 & 2033
Figure 10. Global Market Y-o-Y Growth Rate By Service Type, 2023 to 2033
Figure 11. Global Market Value (US$ million) and Volume (Tons) By End Use Industry, 2023 & 2033
Figure 12. Global Market Y-o-Y Growth Rate By End Use Industry, 2023 to 2033
Figure 13. North America Market Value (US$ million) and Volume (Tons) Forecast, 2023 to 2033
Figure 14. North America Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 15. North America Market Value (US$ million) and Volume (Tons) by Country, 2023 & 2033
Figure 16. North America Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 17. North America Market Value (US$ million) and Volume (Tons) By Type, 2023 & 2033
Figure 18. North America Market Y-o-Y Growth Rate By Type, 2023 to 2033
Figure 19. North America Market Value (US$ million) and Volume (Tons) By Technology, 2023 & 2033
Figure 20. North America Market Y-o-Y Growth Rate By Technology, 2023 to 2033
Figure 21. North America Market Value (US$ million) and Volume (Tons) By Service Type, 2023 & 2033
Figure 22. North America Market Y-o-Y Growth Rate By Service Type, 2023 to 2033
Figure 23. North America Market Value (US$ million) and Volume (Tons) By End Use Industry, 2023 & 2033
Figure 24. North America Market Y-o-Y Growth Rate By End Use Industry, 2023 to 2033
Figure 25. North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 26. North America Market Attractiveness Analysis By Type, 2023 to 2033
Figure 27. North America Market Attractiveness Analysis By Technology, 2023 to 2033
Figure 28. North America Market Attractiveness Analysis By Service Type, 2023 to 2033
Figure 29. North America Market Attractiveness Analysis By End Use Industry, 2023 to 2033
Figure 30. Latin America Market Value (US$ million) and Volume (Tons) Forecast, 2023 to 2033
Figure 31. Latin America Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 32. Latin America Market Value (US$ million) and Volume (Tons) by Country, 2023 & 2033
Figure 33. Latin America Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 34. Latin America Market Value (US$ million) and Volume (Tons) By Type, 2023 & 2033
Figure 35. Latin America Market Y-o-Y Growth Rate By Type, 2023 to 2033
Figure 36. Latin America Market Value (US$ million) and Volume (Tons) By Technology, 2023 & 2033
Figure 37. Latin America Market Y-o-Y Growth Rate By Technology, 2023 to 2033
Figure 38. Latin America Market Value (US$ million) and Volume (Tons) By Service Type, 2023 & 2033
Figure 39. Latin America Market Y-o-Y Growth Rate By Service Type, 2023 to 2033
Figure 40. Latin America Market Value (US$ million) and Volume (Tons) By End Use Industry, 2023 & 2033
Figure 41. Latin America Market Y-o-Y Growth Rate By End Use Industry, 2023 to 2033
Figure 42. Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 43. Latin America Market Attractiveness Analysis By Type, 2023 to 2033
Figure 44. Latin America Market Attractiveness Analysis By Technology, 2023 to 2033
Figure 45. Latin America Market Attractiveness Analysis By Service Type, 2023 to 2033
Figure 46. Latin America Market Attractiveness Analysis By End Use Industry, 2023 to 2033
Figure 47. Europe Market Value (US$ million) and Volume (Tons) Forecast, 2023 to 2033
Figure 48. Europe Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 49. Europe Market Value (US$ million) and Volume (Tons) by Country, 2023 & 2033
Figure 50. Europe Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 51. Europe Market Value (US$ million) and Volume (Tons) By Type, 2023 & 2033
Figure 52. Europe Market Y-o-Y Growth Rate By Type, 2023 to 2033
Figure 53. Europe Market Value (US$ million) and Volume (Tons) By Technology, 2023 & 2033
Figure 54. Europe Market Y-o-Y Growth Rate By Technology, 2023 to 2033
Figure 55. Europe Market Value (US$ million) and Volume (Tons) By Service Type, 2023 & 2033
Figure 56. Europe Market Y-o-Y Growth Rate By Service Type, 2023 to 2033
Figure 57. Europe Market Value (US$ million) and Volume (Tons) By End Use Industry, 2023 & 2033
Figure 58. Europe Market Y-o-Y Growth Rate By End Use Industry, 2023 to 2033
Figure 59. Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 60. Europe Market Attractiveness Analysis By Type, 2023 to 2033
Figure 61. Europe Market Attractiveness Analysis By Technology, 2023 to 2033
Figure 62. Europe Market Attractiveness Analysis By Service Type, 2023 to 2033
Figure 63. Europe Market Attractiveness Analysis By End Use Industry, 2023 to 2033
Figure 64. East Asia Market Value (US$ million) and Volume (Tons) Forecast, 2023 to 2033
Figure 65. East Asia Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 66. East Asia Market Value (US$ million) and Volume (Tons) by Country, 2023 & 2033
Figure 67. East Asia Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 68. East Asia Market Value (US$ million) and Volume (Tons) By Type, 2023 & 2033
Figure 69. East Asia Market Y-o-Y Growth Rate By Type, 2023 to 2033
Figure 70. East Asia Market Value (US$ million) and Volume (Tons) By Technology, 2023 & 2033
Figure 71. East Asia Market Y-o-Y Growth Rate By Technology, 2023 to 2033
Figure 72. East Asia Market Value (US$ million) and Volume (Tons) By Service Type, 2023 & 2033
Figure 73. East Asia Market Y-o-Y Growth Rate By Service Type, 2023 to 2033
Figure 74. East Asia Market Value (US$ million) and Volume (Tons) By End Use Industry, 2023 & 2033
Figure 75. East Asia Market Y-o-Y Growth Rate By End Use Industry, 2023 to 2033
Figure 76. East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 77. East Asia Market Attractiveness Analysis By Type, 2023 to 2033
Figure 78. East Asia Market Attractiveness Analysis By Technology, 2023 to 2033
Figure 79. East Asia Market Attractiveness Analysis By Service Type, 2023 to 2033
Figure 80. East Asia Market Attractiveness Analysis By End Use Industry, 2023 to 2033
Figure 81. South Asia & Oceania Market Value (US$ million) and Volume (Tons) Forecast, 2023 to 2033
Figure 82. South Asia & Oceania Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 83. South Asia & Oceania Market Value (US$ million) and Volume (Tons) by Country, 2023 & 2033
Figure 84. South Asia & Oceania Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 85. South Asia & Oceania Market Value (US$ million) and Volume (Tons) By Type, 2023 & 2033
Figure 86. South Asia & Oceania Market Y-o-Y Growth Rate By Type, 2023 to 2033
Figure 87. South Asia & Oceania Market Value (US$ million) and Volume (Tons) By Technology, 2023 & 2033
Figure 88. South Asia & Oceania Market Y-o-Y Growth Rate By Technology, 2023 to 2033
Figure 89. South Asia & Oceania Market Value (US$ million) and Volume (Tons) By Service Type, 2023 & 2033
Figure 90. South Asia & Oceania Market Y-o-Y Growth Rate By Service Type, 2023 to 2033
Figure 91. South Asia & Oceania Market Value (US$ million) and Volume (Tons) By End Use Industry, 2023 & 2033
Figure 92. South Asia & Oceania Market Y-o-Y Growth Rate By End Use Industry, 2023 to 2033
Figure 93. South Asia & Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 94. South Asia & Oceania Market Attractiveness Analysis By Type, 2023 to 2033
Figure 95. South Asia & Oceania Market Attractiveness Analysis By Technology, 2023 to 2033
Figure 96. South Asia & Oceania Market Attractiveness Analysis By Service Type, 2023 to 2033
Figure 97. South Asia & Oceania Market Attractiveness Analysis By End Use Industry, 2023 to 2033
Figure 98. MEA Market Value (US$ million) and Volume (Tons) Forecast, 2023 to 2033
Figure 99. MEA Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 100. MEA Market Value (US$ million) and Volume (Tons) by Country, 2023 & 2033
Figure 101. MEA Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 102. MEA Market Value (US$ million) and Volume (Tons) By Type, 2023 & 2033
Figure 103. MEA Market Y-o-Y Growth Rate By Type, 2023 to 2033
Figure 104. MEA Market Value (US$ million) and Volume (Tons) By Technology, 2023 & 2033
Figure 105. MEA Market Y-o-Y Growth Rate By Technology, 2023 to 2033
Figure 106. MEA Market Value (US$ million) and Volume (Tons) By Service Type, 2023 & 2033
Figure 107. MEA Market Y-o-Y Growth Rate By Service Type, 2023 to 2033
Figure 108. MEA Market Value (US$ million) and Volume (Tons) By End Use Industry, 2023 & 2033
Figure 109. MEA Market Y-o-Y Growth Rate By End Use Industry, 2023 to 2033
Figure 110. MEA Market Attractiveness Analysis by Country, 2023 to 2033
Figure 111. MEA Market Attractiveness Analysis By Type, 2023 to 2033
Figure 112. MEA Market Attractiveness Analysis By Technology, 2023 to 2033
Figure 113. MEA Market Attractiveness Analysis By Service Type, 2023 to 2033
Figure 114. MEA Market Attractiveness Analysis By End Use Industry, 2023 to 2033
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- FAQs -
What would be the Estimated Size of the Global CCS Market in 2023?
In 2023, the market for carbon capture and storage (CCS) worldwide will be worth US$ 2.9 billion.
What would be the Value of the CCS Market by the End of the Forecast Period?
By the end of 2033, it is estimated that demand for carbon capture and storage (CCS) will reach US$ 10.2 billion worldwide.
What will be the Growth Rate of CCS Services in the Global Decarbonization Market?
The market is expected to propel at a CAGR of 13.4% owing to increasing concerns over increased carbon in the environment.
Which Regional Market for Carbon Capture and Storage (CCS) has the Prominent Market Share?
With a 38.2% share of the global market for CCS, North America dominates the market.
Which End-Use Industry is the Most Potential Consumer of CCS Services?
The oil & gas industry is the most prominent industry to deploy carbon capture and storage infrastructure to limit the emission of carbon into the atmosphere.
Carbon Capture and Storage (CCS) Market