Home » Energy » Carbon Capture and Storage Market

Carbon Capture and Storage Market By Type (Pre-Combustion, Post-Combustion, Oxy-Fuel Combustion); By Technology (Absorption, Adsorption, Membrane Separation, Cryogenic Separation); By End-User (Power Generation, Industrial Processes, Oil and Gas, Chemical Manufacturing, Waste Management, Other Industries) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032

Price: $4699

Published: | Report ID: 19306 | Report Format : Excel, PDF

Market Overview:

The Carbon Capture and Storage market size was valued at USD 2,264.20 million in 2018, increased to USD 4,650.20 million in 2024, and is anticipated to reach USD 14,893.31 million by 2032, at a CAGR of 14.60% during the forecast period.

REPORT ATTRIBUTE DETAILS
Historical Period 2020-2023
Base Year 2024
Forecast Period 2025-2032
Carbon Capture and Storage Market Size 2024 USD 4,650.20 million
Carbon Capture and Storage Market, CAGR 14.60%
Carbon Capture and Storage Market Size 2032 USD 14,893.31 million

 

The Carbon Capture and Storage (CCS) market is led by prominent players such as Dakota Gasification Company, Equinor ASA, Fluor Corporation, Linde plc, Mitsubishi Heavy Industries Ltd., Royal Dutch Shell PLC, Siemens AG, Sulzer Ltd., Bayer AG, and BASF SE. These companies are at the forefront of CCS deployment, leveraging advanced technologies, large-scale infrastructure, and strategic partnerships to support decarbonization across energy-intensive industries. North America emerged as the leading region in 2024, accounting for approximately 38.2% of the global market share, driven by favorable government policies, tax incentives, and active project development in the U.S. and Canada. Europe closely follows, supported by strong climate commitments and industrial carbon reduction initiatives. The dominance of these regions reflects their technological readiness, regulatory frameworks, and ongoing investments in long-term storage infrastructure.

Carbon Capture Storage Market size

Market Insights

  • The Carbon Capture and Storage market was valued at USD 4,650.20 million in 2024 and is projected to reach USD 14,893.31 million by 2032, growing at a CAGR of 14.60% during the forecast period.
  • Market growth is driven by stringent emission regulations, rising industrial decarbonization efforts, and government incentives promoting carbon neutrality goals globally.
  • Post-combustion carbon capture dominated the technology segment with over 45% share in 2024 due to its compatibility with existing industrial facilities; geological storage led the storage segment with more than 60% share owing to proven scalability and safety.
  • North America held the largest regional market share at 38.2%, followed by Europe, supported by policy-driven investments and large-scale CCS infrastructure; Asia Pacific is expected to register the highest CAGR of 16.4% due to expanding industrial activity and regional climate targets.
  • High capital costs, limited public acceptance, and inconsistent regulatory frameworks across regions remain key market restraints.

Design Element 2

Access crucial information at unmatched prices!

Request your sample report today & start making informed decisions powered by Credence Research!

Download Sample

CTA Design Element 3

Market Segmentation Analysis:

By Storage Type

Geological storage dominated the Carbon Capture and Storage market in 2024, accounting for over 60% of the market share. This segment benefits from well-established infrastructure and proven efficacy in long-term carbon containment, especially in depleted oil and gas reservoirs and deep saline formations. Its scalability and compatibility with various capture technologies further boost its adoption. Ocean storage and mineralization hold smaller shares due to environmental concerns and higher costs. However, advancements in mineralization processes are gradually enhancing their feasibility, particularly for industrial clusters seeking permanent and safe carbon sequestration alternatives.

  • For instance, Equinor’s Sleipner project in Norway has stored over 1 million tonnes of CO₂ annually in deep saline aquifers since 1996, demonstrating the long-term reliability of geological storage.

By Technology Segment:

Post-combustion carbon capture led the market in 2024, contributing more than 45% of the overall share. Its widespread adoption is driven by its adaptability to existing power plants and industrial facilities without requiring major infrastructure changes. The relatively lower initial investment and technical maturity make it a preferred choice, especially in the power generation sector. Pre-combustion and oxy-fuel combustion technologies are gaining traction in new plant installations due to higher efficiency and integration potential. Meanwhile, industrial process carbon capture is expanding steadily, driven by increasing emission regulations in the manufacturing sector.

  • For instance, Petra Nova in Texas, operated by NRG Energy and JX Nippon, used post-combustion capture to process 1.4 million tonnes of CO₂ annually from a coal-fired power plant.

By End User Industry:

The power generation segment was the leading end user in 2024, holding approximately 50% of the Carbon Capture and Storage market share. This dominance stems from the sector’s substantial CO₂ emissions and regulatory pressure to reduce its carbon footprint. Utilities are actively retrofitting existing plants with capture systems to meet emission targets and secure carbon credits. The oil and gas industry follows closely, using CCS for enhanced oil recovery and emissions mitigation. Cement and steel manufacturing are emerging application areas, supported by decarbonization goals and sector-specific pilot projects. The chemical industry and other sectors also contribute moderately, with growing interest in integrated capture solutions.

Market Overview

Key Growth Drivers

Stringent Emission Regulations and Climate Goals

Governments worldwide are enforcing stringent carbon emission regulations and net-zero targets, significantly driving the growth of the Carbon Capture and Storage (CCS) market. Regulatory frameworks such as the U.S. Inflation Reduction Act and the EU Green Deal provide financial incentives and strict emission limits that compel industries to adopt CCS technologies. These policies aim to align industrial activities with the Paris Agreement targets, making CCS an essential tool for sectors like power generation, cement, and oil & gas to decarbonize operations while continuing production.

  • For instance, under the UK’s Net Zero Strategy, the HyNet North West CCS project has secured government support to capture up to 10 million tonnes of CO₂ per year by 2030.

Expanding Industrial Applications Across Heavy Emission Sectors

The growing adoption of CCS in heavy emission sectors such as cement, steel, and chemical manufacturing is accelerating market expansion. These industries face limited alternatives for decarbonization due to process-related emissions. CCS offers a viable solution to mitigate these emissions without overhauling existing infrastructure. Government support for industrial decarbonization and ongoing pilot projects are creating a robust pathway for CCS integration across these sectors, helping companies maintain productivity while meeting sustainability standards and consumer demand for cleaner supply chains.

  • For instance, Heidelberg Materials’ Brevik CCS project in Norway is set to capture 400,000 tonnes of CO₂ annually from its cement plant, making it the world’s first full-scale carbon capture facility in the cement industry

Technological Advancements and Infrastructure Development

Ongoing technological innovations and the development of CO₂ transport and storage infrastructure are making CCS more cost-effective and scalable. Advancements in capture efficiency, solvent materials, and monitoring technologies have reduced operational costs and enhanced system reliability. Simultaneously, investments in pipeline networks, storage hubs, and cross-border carbon transport corridors are improving the logistical feasibility of large-scale CCS deployment. These developments are encouraging broader participation from industries and fostering public-private partnerships, especially in regions like North America and Asia Pacific, where deployment rates are accelerating.

Carbon Capture Storage Market share

Key Trends & Opportunities

Regional Growth in Asia Pacific and North America

Asia Pacific is projected to grow at the highest CAGR of 16.4%, followed closely by North America at 14.6%. This trend is driven by increasing energy demand, policy support, and growing environmental awareness in economies like China, India, and the U.S. In North America, tax credits and federal funding are enabling rapid project deployments. Meanwhile, Asia Pacific benefits from strategic alliances and emerging government mandates. These regions represent prime opportunities for CCS technology providers and investors targeting high-growth, policy-driven carbon mitigation markets.

  • For instance, Sinopec’s Qilu-Shengli CCS project in China is expected to capture and store 1 million tonnes of CO₂ per year, marking the largest full-chain CCS initiative in Asia.

Integration with Hydrogen and Bioenergy Projects

The convergence of CCS with low-carbon hydrogen and bioenergy with carbon capture and storage (BECCS) projects represents a growing opportunity. As global efforts to decarbonize intensify, CCS is being increasingly paired with hydrogen production and biomass energy to achieve negative emissions. Governments and corporations are funding large-scale hydrogen-CCS and BECCS projects to establish green energy hubs. These integrated solutions not only enhance sustainability credentials but also create additional revenue streams for captured CO₂, positioning CCS as a critical enabler of the broader clean energy transition.

Key Challenges

High Capital and Operational Costs

Despite technological advancements, the high capital investment and ongoing operational costs remain major barriers to CCS adoption. Building capture units, retrofitting facilities, and developing pipeline networks and storage infrastructure require substantial upfront funding. This financial burden is especially restrictive for small and mid-sized enterprises, limiting widespread deployment. Although government incentives are available in some regions, inconsistent funding mechanisms and long payback periods continue to challenge project viability and investor confidence.

  • For instance, the Kemper Project in Mississippi was cancelled after more than USD 7.5 billion in investment, highlighting the financial risks associated with large-scale CCS implementation.

Public Opposition and Environmental Concerns

CCS projects often face public resistance due to concerns about long-term storage safety, potential leakage, and environmental risks. Communities living near geological storage sites may raise objections related to health hazards or ecosystem disruption. Additionally, skepticism persists around CCS being used to prolong fossil fuel dependency. Addressing these concerns requires transparent stakeholder engagement, rigorous environmental assessments, and demonstration of long-term monitoring and safety measures to build public trust and policy support.

Regulatory and Policy Uncertainties

Inconsistent and evolving regulatory frameworks across regions pose significant challenges to CCS deployment. While some countries offer robust incentives and clear compliance guidelines, others lack the policy clarity needed to support large-scale investments. This regulatory fragmentation affects cross-border CO₂ transport, permits, and carbon pricing mechanisms, thereby slowing down project implementation. Ensuring harmonized international policies and long-term government commitment is essential to create a stable environment for sustained CCS market growth.

Regional Analysis

North America

North America dominated the Carbon Capture and Storage (CCS) market in 2024, accounting for approximately 42.2% of the global market, with a valuation of USD 1,960.97 million, up from USD 965.07 million in 2018. The region is projected to reach USD 6,298.31 million by 2032, growing at a robust CAGR of 14.6%. Market growth is driven by strong regulatory support, tax incentives under the Inflation Reduction Act, and an increasing number of CCS projects in the U.S. and Canada. Major energy and industrial players are investing in long-term carbon storage infrastructure, contributing to the region’s continued leadership in CCS deployment.

  • For instance, Occidental Petroleum’s development of the Permian Direct Air Capture plant aims to capture 1 million tonnes of CO₂ annually, positioning the U.S. as a leader in direct air capture and geological storage.

Europe

Europe held a 28.5% share of the global Carbon Capture and Storage market in 2024, with a market value of USD 1,325.32 million, rising from USD 668.46 million in 2018. The regional market is expected to grow to USD 4,006.34 million by 2032, registering a CAGR of 13.8%. Growth is fueled by the European Union’s climate neutrality goals, stringent carbon emission regulations, and funding initiatives for CCS pilot and commercial-scale projects. Countries like Norway, the UK, and the Netherlands are actively expanding CCS capacity, particularly in offshore geological storage, strengthening Europe’s position in the global market.

  • For instance, the Northern Lights project in Norway, a joint venture between Equinor, Shell, and TotalEnergies, will initially store 1.5 million tonnes of CO₂ per year, with capacity expansion plans in place.

Asia Pacific

Asia Pacific is the fastest-growing region in the Carbon Capture and Storage market, with a projected CAGR of 16.4%. The market grew from USD 438.26 million in 2018 to USD 975.12 million in 2024, securing a 21.0% share of the global market. By 2032, the region is expected to reach USD 3,534.70 million. Rapid industrialization, growing energy demand, and increasing environmental regulations in China, India, and Southeast Asian countries are key drivers. Governments and private entities are investing in low-carbon technologies, including CCS, to meet emission targets and transition toward sustainable industrial operations.

Latin America

Latin America accounted for around 4.4% of the global CCS market in 2024, with a valuation of USD 202.95 million, up from USD 100.15 million in 2018. The market is forecasted to grow to USD 570.16 million by 2032 at a CAGR of 12.7%. The region’s growth is supported by emerging interest in industrial decarbonization, particularly in Brazil and Argentina. Government-led initiatives and collaboration with international climate agencies are enabling CCS pilot projects. However, the market remains nascent compared to other regions, with limited infrastructure and investment posing challenges to broader adoption.

Middle East

The Middle East held a 2.4% share of the global CCS market in 2024, valued at USD 110.78 million, up from USD 59.39 million in 2018. It is projected to reach USD 295.24 million by 2032, growing at a CAGR of 12.0%. Growth in the region is driven by national sustainability programs in countries like the UAE and Saudi Arabia, which are integrating CCS into oil and gas operations. The focus is primarily on carbon capture for enhanced oil recovery (EOR) and hydrogen production, with governments promoting the technology as part of broader energy transition goals.

Africa

Africa represented the smallest share of the global CCS market in 2024, at 1.6%, with a market size of USD 75.06 million, rising from USD 32.88 million in 2018. The market is expected to grow to USD 188.56 million by 2032 at a CAGR of 11.1%. Despite limited infrastructure, the continent is exploring CCS opportunities, particularly in South Africa and Egypt, to support cleaner energy production and reduce emissions from heavy industries. International partnerships and development funding are crucial to driving technology adoption, although financial constraints and regulatory gaps continue to challenge market expansion in the region.

Carbon Capture Storage Market segmentation

Market Segmentations:

By Storage Type:

  • Geological Storage
  • Ocean Storage
  • Mineralization

By Technology Segment:

  • Pre-combustion Carbon Capture
  • Post-combustion Carbon Capture
  • Oxy-fuel Combustion Carbon Capture
  • Industrial Process Carbon Capture

By End User Industry:

  • Power Generation
  • Oil & Gas
  • Cement Production
  • Iron & Steel Manufacturing
  • Chemical Manufacturing
  • Others

By Geography:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa

Competitive Landscape

The competitive landscape of the Carbon Capture and Storage (CCS) market is characterized by the presence of established multinational corporations and specialized technology providers actively advancing CCS deployment across various industries. Key players such as Dakota Gasification Company, Equinor ASA, Fluor Corporation, Linde plc, and Mitsubishi Heavy Industries Ltd. dominate the market through strategic investments, joint ventures, and proprietary technologies. These companies focus on enhancing capture efficiency, reducing operational costs, and expanding their project portfolios through collaboration with governments and industrial partners. Royal Dutch Shell PLC and Equinor ASA lead in large-scale CCS projects, particularly in Europe and North America, while companies like Siemens AG and Sulzer Ltd. contribute critical equipment and engineering services. Meanwhile, chemical giants such as BASF SE and Bayer AG are investing in advanced solvents and materials to support capture systems. Intense competition centers around innovation, regional expansion, and compliance with emission regulations, with firms leveraging R&D and policy incentives to strengthen market position.

  • For instance, Mitsubishi Heavy Industries’ Kansai Mitsubishi Carbon Dioxide Recovery Process has been installed at over 14 commercial plants worldwide, with individual units capturing up to 500 tonnes of CO₂ per day.

Shape Your Report to Specific Countries or Regions & Enjoy 30% Off!

Key Player Analysis

  • Dakota Gasification Company
  • Equinor ASA
  • Fluor Corporation
  • Linde plc
  • Maersk Oil
  • Mitsubishi Heavy Industries Ltd.
  • Royal Dutch Shell PLC
  • Siemens AG
  • Sulzer Ltd.
  • Bayer AG
  • BASF SE

Recent Developments

  • In July 2025, Equinor deepened its digital collaboration to advance CCS operations and continues to lead the Northern Lights project, a cross-border CO₂ transport and storage facility, in partnership with Shell and TotalEnergies. The second phase of Northern Lights was approved in March 2025, with NOK7.5 billion in investments to expand storage capacity.
  • In July 2025, Prometheus Fuels, a Maersk-backed company, announced it was commercially producing e-fuels from captured carbon dioxide, specifically for the shipping industry. This signifies a major step towards using carbon capture and storage (CCS)-derived products for maritime decarbonization. Prometheus’s technology uses direct air capture (DAC) and off-grid renewable energy to produce carbon-neutral synthetic fuels, eliminating the need for hydrogen, grid electricity, or subsidies.
  • In June 2025, Linde signed a long-term deal to supply industrial gases to a low-carbon ammonia plant in Louisiana, which integrates CCS to cut emissions. Linde continues expanding CCS for blue hydrogen production, supporting the green transition across multiple projects.
  • In May 2025, Equinor reported promising results from North Sea carbon storage test wells, progressing toward large-scale storage.
  • In March 2025, the Dakota Gasification Company received an Excellence in Innovation Award for its Great Plains Synfuels Plant’s carbon capture project. The project aims to capture up to 2.25 million metric tons of CO₂ annually through geologic sequestration.

Market Concentration & Characteristics

The Carbon Capture and Storage Market exhibits a moderately concentrated structure, with a mix of established multinational corporations and emerging technology providers driving its growth. Major players such as Equinor ASA, Royal Dutch Shell PLC, Mitsubishi Heavy Industries Ltd., and Linde plc hold significant market shares due to their advanced infrastructure, project execution capabilities, and strong global presence. It remains capital intensive and highly technology driven, requiring substantial investment in capture units, transport systems, and long-term storage facilities. Companies compete on innovation, regulatory compliance, and scalability. Regional differences in policy frameworks, funding support, and industrial emissions profiles influence deployment intensity. It continues to expand across high-emission sectors such as power generation, oil and gas, cement, and steel. Technological maturity varies across segments, with post-combustion systems more prevalent due to ease of integration into existing plants. Partnerships between governments and private firms support deployment in key markets. While market entry barriers remain high, ongoing public and private sector collaboration is gradually creating more accessible pathways for new participants.

Report Coverage

The research report offers an in-depth analysis based on Storage Type, Technology Segment, End User Industry and Geography. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.

Future Outlook

  1. The Carbon Capture and Storage market will witness accelerated adoption due to global net-zero commitments and stricter emission regulations.
  2. Deployment will increase in industrial sectors such as cement, steel, and chemicals where alternative decarbonization options are limited.
  3. Post-combustion capture technologies will continue to dominate due to their compatibility with existing facilities.
  4. Government incentives and funding programs will play a critical role in supporting large-scale CCS infrastructure.
  5. North America and Asia Pacific will remain the most dynamic regions, with expanding project pipelines and policy backing.
  6. Integration of CCS with hydrogen production and bioenergy projects will create new revenue and growth opportunities.
  7. Investments in CO₂ transportation networks and storage hubs will enhance logistical feasibility and regional scalability.
  8. Public-private partnerships will intensify, driving innovation and reducing the cost burden of CCS deployment.
  9. Technological improvements will improve capture efficiency and reduce the operational cost of CCS systems.
  10. Regulatory harmonization and international cooperation will be essential to enable cross-border carbon transport and storage initiatives.

CHAPTER NO. 1: GENESIS OF THE MARKET

1.1 Market Prelude – Introduction & Scope

1.2 The Big Picture – Objectives & Vision

1.3 Strategic Edge – Unique Value Proposition

1.4 Stakeholder Compass – Key Beneficiaries

CHAPTER NO. 2: EXECUTIVE LENS

2.1 Pulse of the Industry – Market Snapshot

2.2 Growth Arc – Revenue Projections (USD Million)

2.3. Premium Insights – Based on Primary Interviews  

CHAPTER NO. 3: CARBON CAPTURE AND STORAGE MARKET FORCES & INDUSTRY PULSE

3.1 Foundations of Change – Market Overview
3.2 Catalysts of Expansion – Key Market Drivers
3.2.1 Momentum Boosters – Growth Triggers
3.2.2 Innovation Fuel – Disruptive Technologies
3.3 Headwinds & Crosswinds – Market Restraints
3.3.1 Regulatory Tides – Compliance Challenges
3.3.2 Economic Frictions – Inflationary Pressures
3.4 Untapped Horizons – Growth Potential & Opportunities
3.5 Strategic Navigation – Industry Frameworks
3.5.1 Market Equilibrium – Porter’s Five Forces
3.5.2 Ecosystem Dynamics – Value Chain Analysis
3.5.3 Macro Forces – PESTEL Breakdown

3.6 Price Trend Analysis

3.6.1 Regional Price Trend
3.6.2 Price Trend by Storage Type

 

 

CHAPTER NO. 4: KEY INVESTMENT EPICENTER          

4.1 Regional Goldmines – High-Growth Geographies

4.2 Product Frontiers – Lucrative Product Categories

4.3 Application Sweet Spots – Emerging Demand Segments

CHAPTER NO. 5: REVENUE TRAJECTORY & WEALTH MAPPING

5.1 Momentum Metrics – Forecast & Growth Curves

5.2 Regional Revenue Footprint – Market Share Insights

5.3 Segmental Wealth Flow – Storage Type & End User Industry Revenue

CHAPTER NO. 6: TRADE & COMMERCE ANALYSIS      

6.1.      Import Analysis by Region

6.1.1.    Global Carbon Capture and Storage Import Revenue By Region

6.2.      Export Analysis by Region

6.2.1.    Global Carbon Capture and Storage Export Revenue By Region

CHAPTER NO. 7: COMPETITION ANALYSIS       

7.1.      Company Market Share Analysis

7.1.1.    Global Carbon Capture and Storage: Company Market Share

7.2.      Global Carbon Capture and Storage Company Revenue Market Share

7.3.      Strategic Developments

7.3.1.    Acquisitions & Mergers

7.3.2.    New Product Launch

7.3.3.    Regional Expansion

7.4.    Competitive Dashboard

7.5.    Company Assessment Metrics, 2024

CHAPTER NO. 8: CARBON CAPTURE AND STORAGE MARKET – BY STORAGE TYPE SEGMENT ANALYSIS

8.1.      Carbon Capture and Storage Overview by Storage Type Segment

8.1.1.    Carbon Capture and Storage Revenue Share By Storage Type

8.2.      Geological Storage

8.3.      Ocean Storage

8.4.      Mineralization

CHAPTER NO. 9: CARBON CAPTURE AND STORAGE MARKET – BY TECHNOLOGY SEGMENT ANALYSIS

9.1.      Carbon Capture and Storage Overview by Technology Segment

9.1.1.    Carbon Capture and Storage Revenue Share By Technology

9.2.      Pre-combustion Carbon Capture

9.3.      Post-combustion Carbon Capture

9.4.      Oxy-fuel Combustion Carbon Capture

9.5.      Industrial Process Carbon Capture

CHAPTER NO. 10: CARBON CAPTURE AND STORAGE MARKET – BY END USER INDUSTRY SEGMENT ANALYSIS

10.1.     Carbon Capture and Storage Overview by End User Industry Segment

10.1.1.  Carbon Capture and Storage Revenue Share By End User Industry

10.2.     Power Generation

10.3.     Oil & Gas

10.4.     Cement Production

10.5.     Iron & Steel Manufacturing

10.6.     Chemical Manufacturing

10.7.     Others

CHAPTER NO. 11: CARBON CAPTURE AND STORAGE MARKET – REGIONAL ANALYSIS

11.1.     Carbon Capture and Storage Overview by Region Segment

11.1.1.  Global Carbon Capture and Storage Revenue Share By Region

11.1.2.  Regions

11.1.3.  Global Carbon Capture and Storage Revenue By Region

11.1.4. Storage Type

11.1.5.  Global Carbon Capture and Storage Revenue By Storage Type

11.1.6.  Technology

11.1.7. Global Carbon Capture and Storage Revenue By Technology

11.1.8. End User Industry

11.1.9. Global Carbon Capture and Storage Revenue By End User Industry

CHAPTER NO. 12: NORTH AMERICA CARBON CAPTURE AND STORAGE MARKET – COUNTRY ANALYSIS

12.1.     North America Carbon Capture and Storage Overview by Country Segment

12.1.1.  North America Carbon Capture and Storage Revenue Share By Region

12.2.     North America

12.2.1.  North America Carbon Capture and Storage Revenue By Country

12.2.2.  Storage Type

12.2.3.  North America Carbon Capture and Storage Revenue By Storage Type

12.2.4.  Technology

12.2.5.  North America Carbon Capture and Storage Revenue By Technology

12.2.6.  End User Industry

12.2.7.  North America Carbon Capture and Storage Revenue By End User Industry

2.3.      U.S.

12.4.     Canada

12.5.     Mexico

CHAPTER NO. 13: EUROPE CARBON CAPTURE AND STORAGE MARKET – COUNTRY ANALYSIS

13.1.     Europe Carbon Capture and Storage Overview by Country Segment

13.1.1.  Europe Carbon Capture and Storage Revenue Share By Region

13.2.     Europe

13.2.1.  Europe Carbon Capture and Storage Revenue By Country

13.2.2.  Storage Type

13.2.3.  Europe Carbon Capture and Storage Revenue By Storage Type

13.2.4.  Technology

13.2.5.  Europe Carbon Capture and Storage Revenue By Technology

13.2.6.  End User Industry

13.2.7.  Europe Carbon Capture and Storage Revenue By End User Industry

13.3.     UK

13.4.     France

13.5.     Germany

13.6.     Italy

13.7.     Spain

13.8.     Russia

13.9.   Rest of Europe

CHAPTER NO. 14: ASIA PACIFIC CARBON CAPTURE AND STORAGE MARKET – COUNTRY ANALYSIS

14.1.     Asia Pacific Carbon Capture and Storage Overview by Country Segment

14.1.1.  Asia Pacific Carbon Capture and Storage Revenue Share By Region

14.2.     Asia Pacific

14.2.1.  Asia Pacific Carbon Capture and Storage Revenue By Country

14.2.2.  Storage Type

14.2.3.  Asia Pacific Carbon Capture and Storage Revenue By Storage Type

14.2.4.  Technology

14.2.5.  Asia Pacific Carbon Capture and Storage Revenue By Technology

14.2.5.  End User Industry

14.2.7.  Asia Pacific Carbon Capture and Storage Revenue By End User Industry

14.3.     China

14.4.     Japan

14.5.     South Korea

14.6.     India

14.7.     Australia

14.8.     Southeast Asia

14.9.     Rest of Asia Pacific

CHAPTER NO. 15: LATIN AMERICA CARBON CAPTURE AND STORAGE MARKET – COUNTRY ANALYSIS

15.1.     Latin America Carbon Capture and Storage Overview by Country Segment

15.1.1.  Latin America Carbon Capture and Storage Revenue Share By Region

15.2.     Latin America

15.2.1.  Latin America Carbon Capture and Storage Revenue By Country

15.2.2.  Storage Type

15.2.3.  Latin America Carbon Capture and Storage Revenue By Storage Type

15.2.4.  Technology

15.2.5.  Latin America Carbon Capture and Storage Revenue By Technology

15.2.6.  End User Industry

15.2.7.  Latin America Carbon Capture and Storage Revenue By End User Industry

15.3.     Brazil

15.4.     Argentina

15.5.     Rest of Latin America

CHAPTER NO. 16: MIDDLE EAST CARBON CAPTURE AND STORAGE MARKET – COUNTRY ANALYSIS

16.1.     Middle East Carbon Capture and Storage Overview by Country Segment

16.1.1.  Middle East Carbon Capture and Storage Revenue Share By Region

16.2.     Middle East

16.2.1.  Middle East Carbon Capture and Storage Revenue By Country

16.2.2.  Storage Type

16.2.3.  Middle East Carbon Capture and Storage Revenue By Storage Type

16.2.4.  Technology

16.2.5.  Middle East Carbon Capture and Storage Revenue By Technology

16.2.6.  End User Industry

16.2.7.  Middle East Carbon Capture and Storage Revenue By End User Industry

16.3.     GCC Countries

16.4.     Israel

16.5.     Turkey

16.6.     Rest of Middle East

CHAPTER NO. 17: AFRICA CARBON CAPTURE AND STORAGE MARKET – COUNTRY ANALYSIS

17.1.     Africa Carbon Capture and Storage Overview by Country Segment

17.1.1.  Africa Carbon Capture and Storage Revenue Share By Region

17.2.     Africa

17.2.1.  Africa Carbon Capture and Storage Revenue By Country

17.2.2.  Storage Type

17.2.3.  Africa Carbon Capture and Storage Revenue By Storage Type

17.2.4.  Technology

17.2.5.  Africa Carbon Capture and Storage Revenue By Technology

17.2.6.  End User Industry

17.2.7.  Africa Carbon Capture and Storage Revenue By End User Industry

17.3.     South Africa

17.4.     Egypt

17.5.     Rest of Africa

CHAPTER NO. 18: COMPANY PROFILES 

18.1.     Dakota Gasification Company

18.1.1.  Company Overview

18.1.2.  Product Portfolio

18.1.3.  Financial Overview

18.1.4.  Recent Developments

18.1.5.  Growth Strategy

18.1.6.  SWOT Analysis

18.2.     Equinor ASA

18.3.     Fluor Corporation

18.4.     Linde plc

18.5.     Maersk Oil

18.6.     Mitsubishi Heavy Industries Ltd.

18.7.     Royal Dutch Shell PLC

18.8.     Siemens AG

18.9.     Sulzer Ltd.

18.10.   Bayer AG

18.11.   BASF SE

Frequently Asked Questions

What is the current value of the global Carbon Capture and Storage (CCS) Market?

The Carbon Capture and Storage Market was valued at USD 4,650.20 million in 2024 and is projected to reach USD 14,893.31 million by 2032, growing at a CAGR of 14.60% during the forecast period.

Who are the major players in the Carbon Capture and Storage Market?

Major players in the Carbon Capture and Storage Market include Dakota Gasification Company, Equinor ASA, Fluor Corporation, Linde plc, Mitsubishi Heavy Industries Ltd., Royal Dutch Shell PLC, Siemens AG, Sulzer Ltd., Bayer AG, and BASF SE.

Which segment is leading the Carbon Capture Storage Market share?

The Post-combustion carbon capture segment is leading the market with over 45% share in 2024, while Geological storage leads the storage segment with more than 60% share.

What are the market drivers in the Carbon Capture Storage Market?

The Carbon Capture Storage Market is driven by stringent emission regulations, industrial decarbonization initiatives, government incentives, and advancements in CCS technologies and infrastructure development.

About Author

Ganesh Chandwade

Ganesh Chandwade

Senior Industry Consultant

Ganesh is a senior industry consultant specializing in heavy industries and advanced materials.

View Profile

Gunakesh Parmar

Reviewed By
Gunakesh Parmar

Research Consultant

With over 15 years of dedicated experience in market research since 2009, specializes in delivering actionable insights from data.

View Profile

Carbon Tapes Market

Published:
Report ID: 115738

Carbon Footprint Reduction Market

Published:
Report ID: 115443

Carbon Steel Market

Published:
Report ID: 115401

Carbon Pricing Software Market

Published:
Report ID: 115395

Activated Carbon Fiber Market

Published:
Report ID: 104626

Carbon Footprint Audit Market

Published:
Report ID: 114467

Lignin‑Derived Carbon Materials Market

Published:
Report ID: 113920

Aseptic Packaging for Non-Carbonated Beverages Market

Published:
Report ID: 111948

Carbon Fiber Reinforced Thermoplastic Plastic Market

Published:
Report ID: 85329

Stationary VRLA Battery Market

Published:
Report ID: 115779

Demolition Scaffolding Market

Published:
Report ID: 115751

Stationary Fuel Cells Market

Published:
Report ID: 9745

Thin Film Battery Market

Published:
Report ID: 115398

Acetylene Gas Market

Published:
Report ID: 115274

Offshore Wind HVAC Export System Market

Published:
Report ID: 115001

AC Drives Market

Published:
Report ID: 114940

Wind Power Generator Market

Published:
Report ID: 114169

Marine HVAC Market

Published:
Report ID: 113915

Sustainable Computing ASIC Market

Published:
Report ID: 112151

Digital Utility Market

Published:
Report ID: 5090

Blasting Stemming Plugs Market

Published:
Report ID: 1871

Purchase Options

The report comes as a view-only PDF document, optimized for individual clients. This version is recommended for personal digital use and does not allow printing.
$4699

To meet the needs of modern corporate teams, our report comes in two formats: a printable PDF and a data-rich Excel sheet. This package is optimized for internal analysis and multi-location access, making it an excellent choice for organizations with distributed workforce.
$5699

The report will be delivered in printable PDF format along with the report’s data Excel sheet. This license offers 100 Free Analyst hours where the client can utilize Credence Research Inc.’s research team. It is highly recommended for organizations seeking to execute short, customized research projects related to the scope of the purchased report.
$12699

Credence Staff 3

WILLIAM, North America

Support Staff at Credence Research

KEITH PHILLIPS, Europe

Lee - CR Sales Staff

LEE VALLANCE, Asia Pacific

Kieran Jameson

KIERAN JAMESON, Australia

Smallform of Sample request

Report delivery within 24 to 48 hours

What people say?-

User Review

I am very impressed with the information in this report. The author clearly did their research when they came up with this product and it has already given me a lot of ideas.

Jana Schmidt
CEDAR CX Technologies

– Connect with us –


support

24/7 Research Support


– Research Methodology –

Going beyond the basics: advanced techniques in research methodology

Pepshi, LG, Nestle
Motorola, Honeywell, Johnson and johnson
LG Chem, SIEMENS, Pfizer
Unilever, Samsonite, QIAGEN

Request Sample