Carbon Capture and Storage Market Growth, Size, Trends Analysis- By Technology, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2034

Description

Carbon Capture and Storage Market Introduction and Overview

According to SPER market research, 'Global Carbon Capture and Storage Market Size- By Product, By End Use - Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Global Carbon Capture and Storage Market is predicted to reach 7.71 Billion by 2034 with a CAGR 7.53%.

Carbon Capture and Storage (CCS) is a technology aimed at reducing greenhouse gas emissions by capturing carbon dioxide (CO2) from sources such as power plants and industrial processes, preventing its release into the atmosphere. The captured CO2 is transported, usually through pipelines, and stored deep underground in geological formations like depleted oil and xgas fields or saline aquifers, ensuring it doesn't contribute to climate change.

Restraints: The high capital investment needed for CCS projects is a significant obstacle to the industry's growth. These projects require considerable upfront costs because of the technology's complexity and the need for extensive infrastructure for capture, transportation, and storage. The substantial expenses and technical difficulties involved in CCS are primary factors restricting its broad adoption and slowing the expansion of the CCS market.

Scope of the report:

Report Metric Details

Market size available for years 2021-2034

Base year considered 2024

Forecast period 2025-2034

Segments covered By Technology, By Application

Regions covered

North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa

Companies Covered Aker Solutions, Dakota Gasification Company, Equinor ASA, Fluor Corporation, Japan CCS Co. Ltd, Linde plc, Mitsubishi Heavy Industries Ltd. (MHI), Shell PLC, Siemens Energy, and Sulzer Ltd, along with other notable organizations in the sector.

Global Carbon Capture and Storage Market Segmentation:

By Technology: Based on the Technology, Global Carbon Capture and Storage Market is segmented as; Post-combustion, Industrial Process, Pre-combustion, Oxy-combustion

By Application: Based on the Application, Global Carbon Capture and Storage Market is segmented as; Power Generation, Oil & Gas, Metal Production, Cement, Others.

By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe and Middle East & Africa.

Product Code: POAE2521

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER's internal database
- 2.1.4. Premium insight from KOL's
2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges

5. Market variable and outlook

5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
5.3. PORTER's Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. Global Carbon Capture and Storage Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Carbon Capture and Storage Market

7. Global Carbon Capture and Storage Market, By Technology, (USD Million) 2021-2034

7.1. Post-combustion
7.2. Industrial Process
7.3. Pre-combustion
7.4. Oxy-combustion

8. Global Carbon Capture and Storage Market, By Application, (USD Million) 2021-2034

8.1. Power Generation
8.2. Oil & Gas
8.3. Metal Production
8.4. Cement
8.5. Others

9. Global Carbon Capture and Storage Market, (USD Million) 2021-2034

9.1. Global Carbon Capture and Storage Market Size and Market Share

10. Global Carbon Capture and Storage Market, By Region, 2021-2034 (USD Million)

10.1. Asia-Pacific
- 10.1.1. Australia
- 10.1.2. China
- 10.1.3. India
- 10.1.4. Japan
- 10.1.5. South Korea
- 10.1.6. Rest of Asia-Pacific
10.2. Europe
- 10.2.1. France
- 10.2.2. Germany
- 10.2.3. Italy
- 10.2.4. Spain
- 10.2.5. United Kingdom
- 10.2.6. Rest of Europe
10.3. Middle East and Africa
- 10.3.1. Kingdom of Saudi Arabia
- 10.3.2. United Arab Emirates
- 10.3.3. Qatar
- 10.3.4. South Africa
- 10.3.5. Egypt
- 10.3.6. Morocco
- 10.3.7. Nigeria
- 10.3.8. Rest of Middle-East and Africa
10.4. North America
- 10.4.1. Canada
- 10.4.2. Mexico
- 10.4.3. United States
10.5. Latin America
- 10.5.1. Argentina
- 10.5.2. Brazil
- 10.5.3. Rest of Latin America

11. Company Profile

11.1. Aker Solutions
- 11.1.1. Company details
- 11.1.2. Financial outlook
- 11.1.3. Product summary
- 11.1.4. Recent developments
11.2. Dakota Gasification Company
- 11.2.1. Company details
- 11.2.2. Financial outlook
- 11.2.3. Product summary
- 11.2.4. Recent developments
11.3. Equinor ASA
- 11.3.1. Company details
- 11.3.2. Financial outlook
- 11.3.3. Product summary
- 11.3.4. Recent developments
11.4. Fluor Corporation
- 11.4.1. Company details
- 11.4.2. Financial outlook
- 11.4.3. Product summary
- 11.4.4. Recent developments
11.5. Japan CCS Co. Ltd
- 11.5.1. Company details
- 11.5.2. Financial outlook
- 11.5.3. Product summary
- 11.5.4. Recent developments
11.6. Linde plc
- 11.6.1. Company details
- 11.6.2. Financial outlook
- 11.6.3. Product summary
- 11.6.4. Recent developments
11.7. Mitsubishi Heavy Industries Ltd. (MHI)
- 11.7.1. Company details
- 11.7.2. Financial outlook
- 11.7.3. Product summary
- 11.7.4. Recent developments
11.8. Shell PLC
- 11.8.1. Company details
- 11.8.2. Financial outlook
- 11.8.3. Product summary
- 11.8.4. Recent developments
11.9. Siemens Energy
- 11.9.1. Company details
- 11.9.2. Financial outlook
- 11.9.3. Product summary
- 11.9.4. Recent developments
11.10. Sulzer Ltd
- 11.10.1. Company details
- 11.10.2. Financial outlook
- 11.10.3. Product summary
- 11.10.4. Recent developments
11.11. Others