PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1749632
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1749632
Power Generation Carbon Capture & Storage Market Introduction and Overview
According to SPER Market Research, 'Global Power Generation Carbon Capture & Storage Market Size - By Technology, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the Global Power Generation Carbon Capture & Storage Market is predicted to reach 14.74 billion by 2034 with a CAGR of 19.38%.
Power generation carbon capture and storage (CCS) is a process designed to capture carbon dioxide (CO2) emissions from power plants before they enter the atmosphere, reducing the environmental impact of fossil fuel-based electricity generation. The captured CO2 is then transported via pipelines or tankers and stored in deep geological formations such as depleted oil and gas reservoirs or saline aquifers. CCS is seen as a key transitional technology in achieving net-zero emissions, allowing coal and natural gas plants to operate with significantly lower carbon footprints.
Restraints: CCS has several advantages, but its broad adoption is hampered by several issues. It is less appealing than renewable energy sources like solar and wind because of its high installation and operating expenses. Because CO2 capture requires a lot of energy, power plants are less efficient overall, which raises the cost of producing electricity. Large-scale adoption is logistically hampered by infrastructure constraints, especially the absence of comprehensive CO2 transport and storage networks.
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, Sulzer Ltd.
Global Power Generation Carbon Capture & Storage Market Segmentation:
By Technology: Based on the Technology, Global Power Generation Carbon Capture & Storage Market is segmented as; Post-combustion, Industrial Process, Pre-combustion and Oxy-combustion.
By Application: Based on the Application, Global Power Generation Carbon Capture & Storage Market is segmented as; Power Generation, Oil & Gas, Metal Production, Cement and Others.
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.
1.1. Scope of the report
1.2. Market segment analysis
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
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
5.1. 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
6.1. Global Power Generation Carbon Capture & Storage Market Manufacturing Base Distribution, Sales Area, Interface Type
6.2. Mergers & Acquisitions, Partnerships, Interface Launch, and Collaboration in Global Power Generation Carbon Capture & Storage Market
7.1. Post-combustion
7.2. Industrial Process
7.3. Pre-combustion
7.4. Oxy-Combustion
8.1. Power generation
8.2. Oil & Gas
8.3. Metal production
8.4. Cement
8.5. Others
9.1. Global Power Generation Carbon Capture & Storage Market Size and Market Share
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
11.1. Aker Solutions
11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Interface summary
11.1.4. Recent developments
11.2. Dakota Gasification Company
11.2.1. Company details
11.2.2. Financial outlook
11.2.3. Interface summary
11.2.4. Recent developments
11.3. Equinor ASA
11.3.1. Company details
11.3.2. Financial outlook
11.3.3. Interface summary
11.3.4. Recent developments
11.4. Fluor Corporation
11.4.1. Company details
11.4.2. Financial outlook
11.4.3. Interface summary
11.4.4. Recent developments
11.5. Japan CSS Co. Ltd.
11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Interface summary
11.5.4. Recent developments
11.6. Linde Plc
11.6.1. Company details
11.6.2. Financial outlook
11.6.3. Interface summary
11.6.4. Recent developments
11.7. Mitsubishi Heavy Industries Ltd.
11.7.1. Company details
11.7.2. Financial outlook
11.7.3. Interface summary
11.7.4. Recent developments
11.8. Shell Plc
11.8.1. Company details
11.8.2. Financial outlook
11.8.3. Interface summary
11.8.4. Recent developments
11.9. Siemens Energy
11.9.1. Company details
11.9.2. Financial outlook
11.9.3. Interface summary
11.9.4. Recent developments
11.10. Sulzer Ltd.
11.10.1. Company details
11.10.2. Financial outlook
11.10.3. Interface summary
11.10.4. Recent developments