Power Generation Carbon Capture & Storage Market - By Technology (Pre Combustion, Post Combustion, Oxy-Fuel Combustion) & Forecast, 2024

Description

List of Tables

Global Power Generation Carbon Capture & Storage Market size will grow at a 19.1% CAGR from 2024 to 2032, propelled by global initiatives to combat climate change alongside increased investment in sustainable development projects. As nations prioritize carbon reduction targets and adopt cleaner energy solutions, the demand for carbon capture technologies continues to surge. This heightened focus on sustainability drives innovation and investment in carbon capture & storage solutions, shaping the market's expansion trajectory towards a more sustainable future.

For instance, in June 2023, China Energy, a leading coal-fired power producer, initiated a significant carbon capture project as part of the nation's efforts to attain carbon neutrality by 2060. This undertaking underscores China's commitment to sustainable practices and mitigating the environmental impact of coal-based energy production. The launch marks a significant step in advancing carbon capture and storage technology, thus fostering innovation and investment in the power generation carbon capture & storage industry.

The overall power generation carbon capture & storage market is bifurcated based on technology and region.

The pre combustion segment will secure a substantial share by 2032, attributed to its effectiveness in capturing carbon dioxide (CO2) from fossil fuel combustion before it enters the atmosphere. With an increasing focus on reducing greenhouse gas emissions, pre-combustion capture technologies offer significant potential for mitigating environmental impacts. As governments and industries worldwide strive for cleaner energy solutions, the pre-combustion segment will emerge as a pivotal player driving market growth.

Asia Pacific power generation carbon capture & storage industry will register a notable CAGR from 2024 to 2032, driven by rapid industrialization and escalating energy demands. With governments in the region increasingly focusing on reducing greenhouse gas emissions and promoting cleaner energy sources, investments in carbon capture & storage technologies are gaining momentum. Asia Pacific's pivotal role in the global energy landscape will position it as a key contributor to shaping the power generation carbon capture & storage industry.

Product Code: 7865

Chapter 1 Methodology & Scope

1.1 Market definitions
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid
  - 1.4.2.2 Unpaid

Chapter 2 Executive Summary

2.1 Power generation carbon capture & storage industry 360 degree synopsis, 2019 - 2032
- 2.1.1 Business trends
- 2.1.2 Technology trends
- 2.1.3 Regional trends

Chapter 3 Power Generation Carbon Capture & Storage Industry Insights

3.1 Industry ecosystem analysis
- 3.1.1 Vendor matrix
3.2 Regulatory landscape
3.3 Industry impact forces
- 3.3.1 Growth drivers
- 3.3.2 Industry pitfalls & challenges
3.4 COVID- 19 impact on the industry outlook
3.5 Growth potential analysis
3.6 Porter's analysis
- 3.6.1 Bargaining power of suppliers
- 3.6.2 Bargaining power of buyers
- 3.6.3 Threat of new entrants
- 3.6.4 Threat of substitutes
3.7 PESTEL analysis

Chapter 4 Competitive Benchmarking

4.1 Competitive landscape, 2023
- 4.1.1 Strategic dashboard
4.2 Innovation & sustainability landscape

Chapter 5 Power Generation Carbon Capture & Storage Market, By Technology (MTPA, USD Million)

5.1 Key technology trends
5.2 Pre combustion
5.3 Post combustion
5.4 Oxy-fuel combustion

Chapter 6 Power Generation Carbon Capture & Storage Market, By Region (MTPA, USD Million)

6.1 Key region trends
6.2 North America
- 6.2.1 U.S.
- 6.2.2 Canada
6.3 Europe
- 6.3.1 Norway
- 6.3.2 Netherlands
- 6.3.3 UK
6.4 Asia Pacific
- 6.4.1 China
- 6.4.2 Australia
- 6.4.3 South Korea
- 6.4.4 South Korea
6.5 Rest of World

Chapter 7 Company Profiles

7.1 Linde plc
7.2 Global Thermostat
7.3 General Electric
7.4 Siemens
7.5 Aker Solutions
7.6 HALLIBURTON
7.7 SLB
7.8 Exxon Mobil Corporation
7.9 Shell CANSOLV
7.10 Mitsubishi Heavy Industries, Ltd.
7.11 Dakota Gasification Company
7.12 NRG Energy, Inc.
7.13 Fluor Corporation
7.14 Sulzer Ltd
7.15 Equinor ASA