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Carbon Capture And Storage Service Market By Service (Capture, Transportation, Utilization, Storage) By Technology (Chemical Looping, Solvents &, Sorbents, Membranes, Others) By End User (Oil & Gas, Power Generation, Cement, Iron & Steel, Others)-Growth, Future Prospects & Competitive Analysis, 2016 – 2030

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

Key Highlights of the Report

The global carbon capture and storage service market is segmented by technology, service, end user, and region. Chemical looping segment is the most popular technology segment while capture is the service segment leading market. Oil & Gas is the end user segment, with North America leading the market growth.

The global carbon capture and storage service market has been driven by several factors, including increasing awareness of climate change and the urgent need to reduce greenhouse gas emissions & advancements in carbon capture and storage (CCS) technologies and the declining costs associated with their deployment have made CCS more economically viable. However, the market also faces significant challenges, including high costs associated with CCS technology deployment and operation pose a financial barrier, particularly for smaller industries or developing countries.

Nonetheless, the global carbon capture and storage service market offers significant growth opportunities, such as increasing focus on achieving net-zero emissions and the need for large-scale decarbonization create a favorable environment for carbon capture and (CCS) technologies & Governments and industries worldwide are seeking cost-effective solutions to reduce carbon emissions.

Carbon capture and storage service Market

What Are the Main Drivers Of The Global Carbon capture and storage service Market?

The global Carbon capture and storage service market is driven by several factors, including advancements in carbon capture and storage market (CCS) technologies and the declining costs associated with their deployment have made CCS more economically viable.

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What Are the Major Challenges Faced by The Global Carbon capture and storage service Market?

The global Carbon capture and storage service market also faces several challenges, such as limited availability of suitable storage sites and potential risks associated with long-term carbon storage require careful site selection and regulatory frameworks.

What Are the Growth Opportunities in The Global Carbon capture and storage service market?

The global Carbon capture and storage service market offers significant growth opportunities, such as increasing focus on achieving net-zero emissions and the need for large-scale decarbonization create a favorable environment for CCS technologies.

Executive Summary

Overview of the Global Carbon capture and storage service market

The global Carbon capture and storage service market has been steadily growing in recent years due to increasing awareness of climate change and the urgent need to reduce greenhouse gas emissions. The market is characterized by a wide range of equipment, designs, and sizes, catering to diverse consumer preferences.

Market Definition

The global carbon capture and storage (CCS) service market refers to the industry that encompasses the development, deployment, and provision of technologies, services, and solutions aimed at capturing and securely storing carbon dioxide (CO2) emissions from industrial processes and power generation. It involves capturing CO2 from various emission sources, such as power plants, industrial facilities, and transporting it to suitable storage sites, where it is stored underground or utilized for enhanced oil recovery.

Carbon capture and storage service Market

Market Insights

  • The global demand for Carbon capture and storage service was valued at USD 3.1 Billion in 2022 and is expected to reach USD 4.817358292 Billion in 2030, growing at a CAGR of 6.50% between 2023 and 2030.
  • Chemical Looping are the leading technology base segment and held more than three-firth of the share in terms of value in 2022, while the solvents & sorbents & others segment is likely to exhibit the fastest CAGR during the forecast period.
  • Oil & Gas is leading end
  • user-based segment expected to post the highest CAGR during the forecast period & leading the market share with more than 35% share in 2022.
  • Capture is the most demanded service segment that expected to rise with maximum CAGR with nearly two-third of share
  • North America is fueling the growth of the Carbon capture and storage service industry with nearly two-third share in 2022, while Europe and Asia-pacific collectively accounted for just nearly under 55% share in 2022. Europe held more than 30% share in 2022.
  • Major driver that drives the market is advancements in carbon capture and storage market (CCS) technologies and the declining costs associated with their deployment have made CCS more economically viable.
  • At the same time, lack of a comprehensive global regulatory framework and inconsistent government support in some regions hinder market development are the main restraints.
  • Increasing focus on achieving net-zero emissions and the need for large-scale decarbonization create a favorable environment for CCS technologies as the major opportunities in the market.

Market Overview

The global Carbon capture and storage service market has witnessed steady growth in recent years and is expected to grow at a CAGR of 6.50% between 2023 and 2030. The market was valued at USD 3.1 billion in 2022 and is expected to reach USD 4.817358292 billion in 2030.

Segmentation by Technology

  • Chemical Looping service is the leading segment and held more than three-firth of the share in terms of value.
  • Solvents & sorbents & others will likely exhibit the fastest CAGR during the forecast period.

Segmentation by Service

  • Capture technology is the leading segment and held more than two-third of the share in terms of value.
  • Transportation will likely exhibit the fastest CAGR during the forecast period.

Segmentation by End user

  • Oil & Gas segment governs the demand for the carbon capture and storage service industry in the world, holding held more than 35% share in 2022
  • Power Generation segment contributes to the rest of the demand for Carbon capture and storage service market.

Segmentation by Region

  • North America was fueling the growth of the Carbon capture and storage service industry with a nearly two-third share in 2022.
  • Asia-pacific and Europe collectively account for nearly under 55% share in 2022, with Europe held more than 30% share in 2022.
  • The rest of the world, including Latin America, The Middle East, and Africa, contributes the remainder to the demand for carbon capture and storage service.

Increasing awareness of climate change and the urgent need to reduce greenhouse gas emissions drive the market. However, the market is restrained by high upfront capital costs associated with CCS infrastructure installation and operation.

Canada has made commitments to reduce greenhouse gas emissions and achieve its climate change targets. CCS plays a crucial role in achieving these goals by capturing and storing carbon emissions from various industries, including power generation, oil and gas, and manufacturing. Furthermore, the Canadian government has been actively supporting CCS initiatives through policy frameworks and financial incentives. Various funding programs and tax incentives are available to promote CCS technology development and deployment, encouraging industry players to invest in CCS projects.

Germany has committed to ambitious climate goals, including achieving carbon neutrality by 2045. CCS technology plays a vital role in enabling the decarbonization of industries that are challenging to electrify or transition to renewable energy sources, such as heavy industries and power generation from fossil fuels. Moreover, Germany’s industrial sector, including energy-intensive industries like steel and cement, recognizes the importance of CCS in achieving carbon reduction targets. These industries are increasingly exploring CCS as a viable option for mitigating their carbon emissions, thereby driving the demand for CCS services.

Market Drivers

Several factors drive the global carbon capture and storage service market. The following are the key drivers of the global Carbon capture and storage service market:

Increasing Demand for Decarbonization Solutions

The urgent need to address climate change and reduce greenhouse gas emissions has led to a growing demand for decarbonization solutions, including CCS. Industries and governments worldwide are seeking ways to mitigate their carbon footprint and meet ambitious emission reduction targets. CCS offers a viable option for capturing and storing carbon emissions from various sources such as power plants, industrial facilities, and even direct air capture. This increasing demand for decarbonization solutions acts as a significant driver for the CCS service industry, encouraging investments, innovation, and market growth.

Increasing Focus on Corporate Sustainability

In recent years, there has been a notable shift towards corporate sustainability and environmental responsibility. Many companies are setting ambitious sustainability goals, including achieving net-zero emissions or becoming carbon neutral. CCS technology provides a means for companies to offset their unavoidable emissions by capturing and storing carbon dioxide. By incorporating carbon capture and storage (CCS) into their sustainability strategies, companies can demonstrate their commitment to environmental stewardship and meet their sustainability targets. This focus on corporate sustainability drives the adoption of CCS services as a key component of comprehensive emission reduction strategies.

Market Restraints

The global Carbon capture and storage service market faces some challenges that may hinder its growth. These include the following:

High upfront capital costs and financial viability concerns

The economic viability of CCS projects heavily relies on factors such as carbon pricing, government incentives, and the availability of suitable storage sites. Uncertainty in these areas can hinder the business case for CCS and discourage investment. Moreover, the long payback periods and uncertainties associated with future carbon prices and revenue streams from carbon capture also contribute to the financial risks and concerns surrounding CCS projects. The high upfront capital costs associated with designing, constructing, and operating CCS projects pose a significant barrier to market growth.

Opportunities

The global carbon capture and storage service market offers significant growth opportunities. These include the following:

Potential for carbon utilization and storage

Carbon capture, utilisation, and storage (CCUS), or potential for carbon capture, utilisation, and storage As part of CCUS, carbon dioxide (CO2) emissions are not only caught and stored but also put to good use. This offers a chance to use CO2 for enhanced oil recovery (EOR) in the oil and gas sector or to convert it into useful goods. CO2 can be utilized in various industrial applications, such as the production of synthetic fuels, chemicals, building materials, or even carbon-negative concrete. These value-added products have the potential to generate additional revenue streams and create new markets for CCS services.

Competitive Landscape

Key Players

The global Carbon capture and storage service market is highly competitive, with the presence of several key players. Some of the major players in the market and their market share are as follows:

  • Aker Solutions
  • Dakota Gasification Company
  • Equinor ASA
  • Fluor Corp.
  • Linde plc
  • Maersk Oil
  • Mitsubishi Heavy Industries Ltd.
  • Royal Dutch Shell PLC
  • Siemens AG
  • Sulzer Ltd

These companies focus on product innovation, expanding their end user, mergers, and acquisitions to stay ahead in the market.

The major players in the global Carbon capture and storage service market constantly strive to stay ahead by introducing new products and innovations.

In July 2022, Shell Expanded its branch and plans to build a large carbon capture and storage (CCS) project in Alberta, Canada. Over the course of its existence, the facility is expected to capture 300 million tonnes of carbon dioxide from the company’s chemical and refinery plants.

In August 2022: Shell PLC acquired Sprang Energy Group, a renewable energy firm striving to reduce carbon emissions. This transaction is intended to increase Shell PLC’s carbon capture and storage potential while also increasing its market share.

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Summary of Key Findings

  • Increasing awareness of climate change and the urgent need to reduce greenhouse gas emissions & advancements in carbon capture and storage market (CCS) technologies driving market growth
  • Market segmented by technology, service, end user, and region.
  • Chemical Looping is the most popular technology segment, with solvents & sorbents & others technology as the primary service segment.
  • Capture is the most common service segment.
  • Oil & Gas segment governs the demand for the carbon capture and storage service industry
  • North America is leading market growth; the market is highly competitive with key players including Aker Solutions, Dakota Gasification Company, Equinor ASA, Fluor Corp., Linde plc, Maersk Oil, Mitsubishi Heavy Industries Ltd., and others.

Future Outlook

  • Positive outlook for the global carbon capture and storage service market with significant growth potential in the Europe region
  • Rising awareness of climate change and the urgent need to reduce greenhouse gas emissions & advancements in carbon capture and storage market (CCS) technologies drive growth
  • Challenges such as high costs associated with CCS technology deployment and operation pose a financial barrier, particularly for smaller industries or developing countries & limited availability of suitable storage sites.

Segmentation

  • By Service
    • Capture
    • Transportation
    • Utilization
    • Storage
  • By Technology
    • Chemical Looping
    • Solvents & Sorbents
    • Membranes
    • Others
  • By End User
    • Oil & Gas
    • Power Generation
    • Cement
    • Iron & Steel
    • Others
  • By Region
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • The U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of the Middle East and Africa

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Data Modelling
1.3.2.1. Company Share Analysis Model
1.3.2.2. Revenue Based Modelling
1.3.3. Phase III – Primary Research
1.3.4. Research Limitations
1.3.5. Assumptions
1.4. Market Introduction
1.5. Market Research Scope

2. Executive Summary
2.1. Market Snapshot: Global Carbon capture and storage Market
2.2. Global Carbon capture and storage Market, By Technology
2.3. Global Carbon capture and storage Market, By Service
2.4. Global Carbon capture and storage Market, By End User
2.5. Global Carbon capture and storage Market, By Region

3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Carbon capture and storage Market Value, 2017-2030, (US$ Bn)
3.1.2. Y-o-Y Growth Trend Analysis
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.2.3. Market Opportunities
3.2.4. Major Industry Challenges
3.3. Growth and Development Patterns
3.4. Investment Feasibility Analysis
3.5. Market Opportunity Analysis
3.5.1. Technology
3.5.2. Service
3.5.3. End User
3.5.4. Geography

4. Premium Insights
4.1. STAR (Situation, Task, Action, Results) Analysis
4.2. Porter’s Five Forces Analysis
4.2.1. Threat of New Entrants
4.2.2. Bargaining Power of Buyers/Consumers
4.2.3. Bargaining Power of Suppliers
4.2.4. Threat of Substitute Types
4.2.5. Intensity of Competitive Rivalry
4.3. Key Market Trends
4.3.1. Demand Side Trends
4.3.2. Supply Side Trends
4.4. Value Chain Analysis
4.5. Technology Analysis
4.6. Analysis and Recommendations
4.7. Marketing Strategy Analysis
4.7.1. Direct Marketing
4.7.2. Indirect Marketing
4.7.3. Marketing Channel Development Trend

5. Market Positioning of Key Players, 2022
5.1. Company market share of key players, 2022
5.2. Competitive Benchmarking
5.3. Market Positioning of Key Vendors
5.4. Geographical Presence Analysis
5.5. Major Strategies Adopted by Key Players
5.5.1. Key Strategies Analysis
5.5.2. Mergers and Acquisitions
5.5.3. Partnerships
5.5.4. Product Launch
5.5.5. Geographical Expansion
5.5.6. Others

6. Economic Impact Analysis
6.1. Recession Impact
6.1.1. North America
6.1.2. Europe
6.1.3. Asia Pacific
6.1.4. Latin America
6.1.5. Middle East and Africa
6.2. Ukraine-Russia War Impact
6.2.1. North America
6.2.2. Europe
6.2.3. Asia Pacific
6.2.4. Latin America
6.2.5. Middle East and Africa
6.3. COVID-19 Impact Analysis
6.3.1. North America
6.3.2. Europe
6.3.3. Asia Pacific
6.3.4. Latin America
6.3.5. Middle East and Africa

7. Global Carbon capture and storage Market, By Technology
7.1. Global Carbon capture and storage Market Overview, by Service
7.1.1. Global Carbon capture and storage Market Revenue Share, By Technology, 2022 Vs 2030 (in %)
7.2. Capture
7.2.1. Global Carbon capture and storage Market, By Region, 2017-2030 (US$ Bn)
7.3. Transportation
7.3.1. Global Carbon capture and storage Market, By Region, 2017-2030 (US$ Bn)
7.4. Utilization
7.4.1. Global Carbon capture and storage Market, By Region, 2017-2030 (US$ Bn)
7.5. Storage

7.5.1. Global Carbon capture and storage Market, By Region, 2017-2030 (US$ Bn)

8. Global Carbon capture and storage Market, by Service, 2017-2030 (US$ Bn)
8.1. Global Carbon capture and storage Market Overview, by Technology
8.1.1. Global Carbon capture and storage Market, By Service, 2022 vs 2030 (in%)
8.2. Chemical Looping
8.2.1. Global Carbon capture and storage Market, By Region, 2017-2030 (US$ Bn)
8.3. Solvents & Sorbents
8.3.1. Global Carbon capture and storage Market, By Region, 2017-2030 (US$ Bn)
8.4. Membranes
8.4.1. Global Carbon capture and storage Market, By Region, 2017-2030 (US$ Bn)
8.5. Others
8.5.1. Global Carbon capture and storage Market, By Region, 2017-2030 (US$ Bn)

9. Global Carbon capture and storage Market, By End User
9.1. Global Carbon capture and storage Market Overview, by End User
9.1.1. Global Carbon capture and storage Market, By End User, 2022 vs 2030 (in %)
9.2. Oil & Gas
9.2.1. Global Carbon capture and storage Market, By Region, 2017-2030 (US$ Bn)
9.3. Power Generation
9.3.1. Global Carbon capture and storage Market, By Region, 2017-2030 (US$ Bn)
9.4. Cement
9.4.1. Global Carbon capture and storage Market, By Region, 2017-2030 (US$ Bn)
9.5. Iron & Steel
9.5.1. Global Carbon capture and storage Market, By Region, 2017-2030 (US$ Bn)
9.6. Others
9.6.1. Global Carbon capture and storage Market, By Region, 2017-2030 (US$ Bn)

10. Global Carbon capture and storage Market, By Region
10.1. Global Carbon capture and storage Market Overview, by Region
10.1.1. Global Carbon capture and storage Market, By Region, 2022 vs 2030 (in%)
10.2. Technology
10.2.1. Global Carbon capture and storage Market, By Technology, 2017-2030 (US$ Bn)
10.3. Service
10.3.1. Global Carbon capture and storage Market, By Service, 2017-2030 (US$ Bn)
10.4. End User
10.4.1. Global Carbon capture and storage Market, By End User, 2017-2030 (US$ Bn)

11. North America Carbon capture and storage Market Analysis
11.1. North America Carbon capture and storage Market, by Technology, 2017-2030(US$ Bn)
11.1.1. Overview
11.1.2. SRC Analysis
11.2. North America Carbon capture and storage Market, by Service, 2017-2030(US$ Bn)
11.2.1. Overview
11.2.2. SRC Analysis
11.3. North America Carbon capture and storage Market, by End User, 2017-2030(US$ Bn)
11.3.1. Overview
11.3.2. SRC Analysis
11.4. North America Carbon capture and storage Market, by Country, 2017-2030 (US$ Bn)
11.4.1. North America Carbon capture and storage Market, by Country, 2022 Vs 2030 (in%)
11.4.2. U.S.
11.4.2.1. U.S. Carbon capture and storage Market Estimates and Forecast, 2017-2030 (US$ Bn)
11.4.2.2. U.S. Carbon capture and storage, By Technology, 2017-2030 (US$ Bn)
11.4.2.3. U.S. Carbon capture and storage, By Service, 2017-2030 (US$ Bn)
11.4.2.4. U.S. Carbon capture and storage, By End User, 2017-2030 (US$ Bn)
11.4.3. Canada
11.4.3.1. Canada Carbon capture and storage Market Estimates and Forecast, 2017-2030 (US$ Bn)
11.4.3.2. Canada Carbon capture and storage, By Technology, 2017-2030 (US$ Bn)
11.4.3.3. Canada Carbon capture and storage, By Service, 2017-2030 (US$ Bn)
11.4.3.4. Canada Carbon capture and storage, By End User, 2017-2030 (US$ Bn)
11.4.4. Mexico
11.4.4.1. Mexico Carbon capture and storage Market Estimates and Forecast, 2017-2030 (US$ Bn)
11.4.4.2. Mexico Carbon capture and storage, By Technology, 2017-2030 (US$ Bn)
11.4.4.3. Mexico Carbon capture and storage, By Service, 2017-2030 (US$ Bn)
11.4.4.4. Mexico Carbon capture and storage, By End User, 2017-2030 (US$ Bn)

12. Europe Carbon capture and storage Market Analysis
12.1. Europe Carbon capture and storage Market, by Technology, 2017-2030(US$ Bn)
12.1.1. Overview
12.1.2. SRC Analysis
12.2. Europe Carbon capture and storage Market, by Service, 2017-2030(US$ Bn)
12.2.1. Overview
12.2.2. SRC Analysis
12.3. Europe Carbon capture and storage Market, by End User, 2017-2030(US$ Bn)
12.3.1. Overview
12.3.2. SRC Analysis
12.4. Europe Carbon capture and storage Market, by region, 2017-2030 (US$ Bn)
12.4.1. Europe Carbon capture and storage Market, by Country, 2022 Vs 2030 (in%)
12.4.2. Germany
12.4.2.1. Germany Carbon capture and storage Market Estimates and Forecast, 2017-2030 (US$ Bn)
12.4.2.2. Germany Carbon capture and storage, By Technology, 2017-2030 (US$ Bn)
12.4.2.3. Germany Carbon capture and storage, By Service, 2017-2030 (US$ Bn)
12.4.2.4. Germany Carbon capture and storage, By End User, 2017-2030 (US$ Bn)
12.4.3. France
12.4.3.1. France Carbon capture and storage Market Estimates and Forecast, 2017-2030 (US$ Bn)
12.4.3.2. France Carbon capture and storage, By Technology, 2017-2030 (US$ Bn)
12.4.3.3. France Carbon capture and storage, By Service, 2017-2030 (US$ Bn)
12.4.3.4. France Carbon capture and storage, By End User, 2017-2030 (US$ Bn)
12.4.4. UK
12.4.4.1. UK Carbon capture and storage Market Estimates and Forecast, 2017-2030 (US$ Bn)
12.4.4.2. UK Carbon capture and storage, By Technology, 2017-2030 (US$ Bn)
12.4.4.3. UK Carbon capture and storage, By Service, 2017-2030 (US$ Bn)
12.4.4.4. UK Carbon capture and storage, By End User, 2017-2030 (US$ Bn)
12.4.5. Italy
12.4.5.1. Italy Carbon capture and storage Market Estimates and Forecast, 2017-2030 (US$ Bn)
12.4.5.2. Italy Carbon capture and storage, By Technology, 2017-2030 (US$ Bn)
12.4.5.3. Italy Carbon capture and storage, By Service, 2017-2030 (US$ Bn)
12.4.5.4. Italy Carbon capture and storage, By End User, 2017-2030 (US$ Bn)
12.4.6. Spain
12.4.6.1. Spain Carbon capture and storage Market Estimates and Forecast, 2017-2030 (US$ Bn)
12.4.6.2. Spain Carbon capture and storage, By Technology, 2017-2030 (US$ Bn)
12.4.6.3. Spain Carbon capture and storage, By Service, 2017-2030 (US$ Bn)
12.4.6.4. Spain Carbon capture and storage, By End User, 2017-2030 (US$ Bn)
12.4.7. Rest of Europe
12.4.7.1. Rest of Europe Carbon capture and storage Market Estimates and Forecast, 2017-2030 (US$ Bn)
12.4.7.2. Rest of Europe Carbon capture and storage, By Technology, 2017-2030 (US$ Bn)
12.4.7.3. Rest of Europe Carbon capture and storage, By Service, 2017-2030 (US$ Bn)
12.4.7.4. Rest of Europe Carbon capture and storage, By End User, 2017-2030 (US$ Bn)

13. Asia Pacific Carbon capture and storage Market Analysis
13.1. Asia Pacific Carbon capture and storage Market, by Technology, 2017-2030(US$ Bn)
13.1.1. Overview
13.1.2. SRC Analysis
13.2. Asia Pacific Carbon capture and storage Market, by Service, 2017-2030(US$ Bn)
13.2.1. Overview
13.2.2. SRC Analysis
13.3. Asia Pacific Carbon capture and storage Market, by End User, 2017-2030(US$ Bn)
13.3.1. Overview
13.3.2. SRC Analysis
13.4. Asia Pacific Carbon capture and storage Market, by Country, 2017-2030 (US$ Bn)
13.4.1. Asia Pacific Carbon capture and storage Market, by Country, 2022 Vs 2030 (in%)
13.4.2. China
13.4.2.1. China Carbon capture and storage Market Estimates and Forecast, 2017-2030 (US$ Bn)
13.4.2.2. China Carbon capture and storage, By Technology, 2017-2030 (US$ Bn)
13.4.2.3. China Carbon capture and storage, By Service, 2017-2030 (US$ Bn)
13.4.2.4. China Carbon capture and storage, By End User, 2017-2030 (US$ Bn)
13.4.3. Japan
13.4.3.1. Japan Carbon capture and storage Market Estimates and Forecast, 2017-2030 (US$ Bn)
13.4.3.2. Japan Carbon capture and storage, By Technology, 2017-2030 (US$ Bn)
13.4.3.3. Japan Carbon capture and storage, By Service, 2017-2030 (US$ Bn)
13.4.3.4. Japan Carbon capture and storage, By End User, 2017-2030 (US$ Bn)
13.4.4. India
13.4.4.1. India Carbon capture and storage Market Estimates and Forecast, 2017-2030 (US$ Bn)
13.4.4.2. India Carbon capture and storage, By Technology, 2017-2030 (US$ Bn)
13.4.4.3. India Carbon capture and storage, By Service, 2017-2030 (US$ Bn)
13.4.4.4. India Carbon capture and storage, By End User, 2017-2030 (US$ Bn)
13.4.5. South Korea
13.4.5.1. South Korea Carbon capture and storage Market Estimates and Forecast, 2017-2030 (US$ Bn)
13.4.5.2. South Korea Carbon capture and storage, By Technology, 2017-2030 (US$ Bn)
13.4.5.3. South Korea Carbon capture and storage, By Service, 2017-2030 (US$ Bn)
13.4.5.4. South Korea Carbon capture and storage, By End User, 2017-2030 (US$ Bn)
13.4.6. South-East Asia
13.4.6.1. South-East Asia Carbon capture and storage Market Estimates and Forecast, 2017-2030 (US$ Bn)
13.4.6.2. South-East Asia Carbon capture and storage, By Technology, 2017-2030 (US$ Bn)
13.4.6.3. South-East Asia Carbon capture and storage, By Service, 2017-2030 (US$ Bn)
13.4.6.4. South-East Asia Carbon capture and storage, By End User, 2017-2030 (US$ Bn)
13.4.7. Rest of Asia Pacific
13.4.7.1. Rest of Asia Pacific Carbon capture and storage Market Estimates and Forecast, 2017-2030 (US$ Bn)
13.4.7.2. Rest of Asia Pacific Carbon capture and storage, By Technology, 2017-2030 (US$ Bn)
13.4.7.3. Rest of Asia Pacific Carbon capture and storage, By Service, 2017-2030 (US$ Bn)
13.4.7.4. Rest of Asia Pacific Carbon capture and storage, By End User, 2017-2030 (US$ Bn)

14. Latin America Carbon capture and storage Market Analysis
14.1. Latin America Carbon capture and storage Market, by Technology, 2017-2030(US$ Bn)
14.1.1. Overview
14.1.2. SRC Analysis
14.2. Latin America Carbon capture and storage Market, by Service, 2017-2030(US$ Bn)
14.2.1. Overview
14.2.2. SRC Analysis
14.3. Latin America Carbon capture and storage Market, by End User, 2017-2030(US$ Bn)
14.3.1. Overview
14.3.2. SRC Analysis
14.4. Latin America Carbon capture and storage Market, by Country, 2017-2030 (US$ Bn)
14.4.1. Latin America Carbon capture and storage Market, by Country, 2022 Vs 2030 (in%)
14.4.2. Brazil
14.4.2.1. Brazil Carbon capture and storage Market Estimates and Forecast, 2017-2030 (US$ Bn)
14.4.2.2. Brazil Carbon capture and storage, By Technology, 2017-2030 (US$ Bn)
14.4.2.3. Brazil Carbon capture and storage, By Service, 2017-2030 (US$ Bn)
14.4.2.4. Brazil Carbon capture and storage, By End User, 2017-2030 (US$ Bn)
14.4.3. Argentina
14.4.3.1. Argentina Carbon capture and storage Market Estimates and Forecast, 2017-2030 (US$ Bn)
14.4.3.2. Argentina Carbon capture and storage, By Technology, 2017-2030 (US$ Bn)
14.4.3.3. Argentina Carbon capture and storage, By Service, 2017-2030 (US$ Bn)
14.4.3.4. Argentina Carbon capture and storage, By End User, 2017-2030 (US$ Bn)
14.4.4. Rest of Latin America
14.4.4.1. Rest of Latin America Carbon capture and storage Market Estimates and Forecast, 2017-2030 (US$ Bn)
14.4.4.2. Rest of Latin America Carbon capture and storage, By Technology, 2017-2030 (US$ Bn)
14.4.4.3. Rest of Latin America Carbon capture and storage, By Service, 2017-2030 (US$ Bn)
14.4.4.4. Rest of Latin America Carbon capture and storage, By End User, 2017-2030 (US$ Bn)

15. Middle East and Africa Carbon capture and storage Market Analysis
15.1. Middle East and Africa Carbon capture and storage Market, by Technology, 2017-2030(US$ Bn)
15.1.1. Overview
15.1.2. SRC Analysis
15.2. Middle East and Africa Carbon capture and storage Market, by Service, 2017-2030(US$ Bn)
15.2.1. Overview
15.2.2. SRC Analysis
15.3. Middle East and Africa Carbon capture and storage Market, by End User, 2017-2030(US$ Bn)
15.3.1. Overview
15.3.2. SRC Analysis
15.4. Middle East and Africa Carbon capture and storage Market, by Country, 2017-2030 (US$ Bn)
15.4.1. Middle East and Africa Carbon capture and storage Market, by Country, 2022 Vs 2030 (in%)
15.4.2. GCC Countries
15.4.2.1. GCC Countries Carbon capture and storage Market Estimates and Forecast, 2017-2030 (US$ Bn)
15.4.2.2. GCC Countries Carbon capture and storage, By Technology, 2017-2030 (US$ Bn)
15.4.2.3. GCC Countries Carbon capture and storage, By Service, 2017-2030 (US$ Bn)
15.4.2.4. GCC Countries Carbon capture and storage, By End User, 2017-2030 (US$ Bn)
15.4.3. South Africa
15.4.3.1. South Africa Carbon capture and storage Market Estimates and Forecast, 2017-2030 (US$ Bn)
15.4.3.2. South Africa Carbon capture and storage, By Technology, 2017-2030 (US$ Bn)
15.4.3.3. South Africa Carbon capture and storage, By Service, 2017-2030 (US$ Bn)
15.4.3.4. South Africa Carbon capture and storage, By End User, 2017-2030 (US$ Bn)
15.4.4. Rest of Middle East and Africa
15.4.4.1. Rest of Middle East and Africa Carbon capture and storage Market Estimates and Forecast, 2017-2030 (US$ Bn)
15.4.4.2. Rest of Middle East and Africa Carbon capture and storage, By Technology, 2017-2030 (US$ Bn)
15.4.4.3. Rest of Middle East and Africa Carbon capture and storage, By Service, 2017-2030 (US$ Bn)
15.4.4.4. Rest of Middle East and Africa Carbon capture and storage, By End User, 2017-2030 (US$ Bn)

 

16. Company Profiles
16.1. Aker Solutions
16.1.1. Company Overview
16.1.2. Deployments/ Services Portfolio
16.1.3. Geographical Presence
16.1.4. Financial Summary
16.1.4.1. Market Revenue and Net Profit (2019-2022)
16.1.4.2. Business Segment Revenue Analysis
16.1.4.3. Geographical Revenue Analysis
16.2. Dakota Gasification Company
16.3. Equinor ASA
16.4. Fluor Corp
16.5. Linde plc
16.6. Maersk Oil
16.7. Mitsubishi Heavy Industries Ltd.
16.8. Royal Dutch Shell PLC
16.9. Siemens AG
16.10. Sulzer Ltd

List of Figures
FIG. 1 Global Carbon capture and storage Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global Carbon capture and storage Market Segmentation
FIG. 4 Global Carbon capture and storage Market, by Technology, 2022 (US$ Bn)
FIG. 5 Global Carbon capture and storage Market, by Service, 2022 (US$ Bn)
FIG. 6 Global Carbon capture and storage Market, by End User, 2022 (US$ Bn)
FIG. 7 Global Carbon capture and storage Market, by Geography, 2022 (US$ Bn)
FIG. 8 Attractive Investment Proposition, by Technology, 2022
FIG. 9 Attractive Investment Proposition, by Service, 2022
FIG. 10 Attractive Investment Proposition, by End User, 2022
FIG. 11 Attractive Investment Proposition, by Geography, 2022
FIG. 12 Global Market Share Analysis of Key Carbon capture and storage Market Manufacturers, 2022
FIG. 13 Global Market Positioning of Key Carbon capture and storage Market Manufacturers, 2022
FIG. 14 Global Carbon capture and storage Market Value Contribution, By Service, 2022 & 2030 (Value %)
FIG. 15 Global Carbon capture and storage Market, by Capture, Value, 2017-2030 (US$ Bn)
FIG. 16 Global Carbon capture and storage Market, by Transportation, Value, 2017-2030 (US$ Bn)
FIG. 17 Global Carbon capture and storage Market, by Utilization, Value, 2017-2030 (US$ Bn)
FIG. 18 Global Carbon capture and storage Market, by Storage, Value, 2017-2030 (US$ Bn)
FIG. 19 Global Carbon capture and storage Market Value Contribution, By Technology, 2022 & 2030 (Value %)
FIG. 20 Global Carbon capture and storage Market, by Chemical Looping, Value, 2017-2030 (US$ Bn)
FIG. 21 Global Carbon capture and storage Market, by Solvents & Sorbents, 2017-2030 (US$ Bn)
FIG. 22 Global Carbon capture and storage Market, by Membranes, Value, 2017-2030 (US$ Bn)
FIG. 23 Global Carbon capture and storage Market, by Others, 2017-2030 (US$ Bn)
FIG. 24 Global Carbon capture and storage Market Value Contribution, By End User, 2022 & 2030 (Value %)
FIG. 25 Global Carbon capture and storage Market, by Oil & Gas, Value, 2017-2030 (US$ Bn)
FIG. 26 Global Carbon capture and storage Market, by Power Generation, Value, 2017-2030 (US$ Bn)
FIG. 27 Global Carbon capture and storage Market, by Cement, Value, 2017-2030 (US$ Bn)
FIG. 28 Global Carbon capture and storage Market, by Iron & Steel, Value, 2017-2030 (US$ Bn)
FIG. 29 Global Carbon capture and storage Market, by Others, Value, 2017-2030 (US$ Bn)
FIG. 30 North America Carbon capture and storage Market, 2017-2030 (US$ Bn)
FIG. 31 U.S. Carbon capture and storage Market, 2017-2030 (US$ Bn)
FIG. 32 Canada Carbon capture and storage Market, 2017-2030 (US$ Bn)
FIG. 33 Europe Carbon capture and storage Market, 2017-2030 (US$ Bn)
FIG. 34 Germany Carbon capture and storage Market, 2017-2030 (US$ Bn)
FIG. 35 France Carbon capture and storage Market, 2017-2030 (US$ Bn)
FIG. 36 U.K. Carbon capture and storage Market, 2017-2030 (US$ Bn)
FIG. 37 Italy Carbon capture and storage Market, 2017-2030 (US$ Bn)
FIG. 38 Spain Carbon capture and storage Market, 2017-2030 (US$ Bn)
FIG. 39 Rest of Europe Carbon capture and storage Market, 2017-2030 (US$ Bn)
FIG. 40 Asia Pacific Carbon capture and storage Market, 2017-2030 (US$ Bn)
FIG. 41 China Carbon capture and storage Market, 2017-2030 (US$ Bn)
FIG. 42 Japan Carbon capture and storage Market, 2017-2030 (US$ Bn)
FIG. 43 India Carbon capture and storage Market, 2017-2030 (US$ Bn)
FIG. 44 South Korea Carbon capture and storage Market, 2017-2030 (US$ Bn)
FIG. 45 South-East Asia Carbon capture and storage Market, 2017-2030 (US$ Bn)
FIG. 46 Rest of Asia Pacific Carbon capture and storage Market, 2017-2030 (US$ Bn)
FIG. 47 Latin America Carbon capture and storage Market, 2017-2030 (US$ Bn)
FIG. 48 Brazil Carbon capture and storage Market, 2017-2030 (US$ Bn)
FIG. 49 Mexico Carbon capture and storage Market, 2017-2030 (US$ Bn)
FIG. 50 Rest of Latin America Carbon capture and storage Market, 2017-2030 (US$ Bn)
FIG. 51 Middle East & Africa Carbon capture and storage Market, 2017-2030 (US$ Bn)
FIG. 52 GCC Countries Carbon capture and storage Market, 2017-2030 (US$ Bn)
FIG. 53 South Africa Carbon capture and storage Market, 2017-2030 (US$ Bn)
FIG. 54 Rest of Middle East and Africa Carbon capture and storage Market, 2017-2030 (US$ Bn)

List of Tables
TABLE 1 Market Snapshot: Global Carbon capture and storage Market
TABLE 2 Global Carbon capture and storage Market: Market Drivers Impact Analysis
TABLE 3 Global Carbon capture and storage Market: Market Restraints Impact Analysis
TABLE 4 Global Carbon capture and storage Market, by Competitive Benchmarking, 2022
TABLE 5 Global Carbon capture and storage Market, by Geographical Presence Analysis, 2022
TABLE 6 Global Carbon capture and storage Market, by Key Strategies Analysis, 2022
TABLE 7 Global Carbon capture and storage Market, by Capture, By Region, 2017-2022 (US$ Bn)
TABLE 8 Global Carbon capture and storage Market, by Capture, By Region, 2023-2030 (US$ Bn)
TABLE 9 Global Carbon capture and storage Market, by Transportation, By Region, 2017-2022 (US$ Bn)
TABLE 10 Global Carbon capture and storage Market, by Transportation, By Region, 2023-2030 (US$ Bn)
TABLE 11 Global Carbon capture and storage Market, by Utilization, By Region, 2017-2022 (US$ Bn)
TABLE 12 Global Carbon capture and storage Market, by Utilization, By Region, 2023-2030 (US$ Bn)
TABLE 13 Global Carbon capture and storage Market, by Storage, By Region, 2017-2022 (US$ Bn)
TABLE 14 Global Carbon capture and storage Market, by Storage, By Region, 2023-2030 (US$ Bn)
TABLE 15 Global Carbon capture and storage Market, by Chemical Looping, By Region, 2017-2022 (US$ Bn)
TABLE 16 Global Carbon capture and storage Market, by Chemical Looping, By Region, 2023-2030 (US$ Bn)
TABLE 17 Global Carbon capture and storage Market, by Solvents & Sorbents, By Region, 2017-2022 (US$ Bn)
TABLE 18 Global Carbon capture and storage Market, by Solvents & Sorbents, By Region, 2023-2030 (US$ Bn)
TABLE 19 Global Carbon capture and storage Market, by Membranes, By Region, 2017-2022 (US$ Bn)
TABLE 20 Global Carbon capture and storage Market, by Membranes, By Region, 2023-2030 (US$ Bn)
TABLE 21 Global Carbon capture and storage Market, by Others, By Region, 2017-2022 (US$ Bn)
TABLE 22 Global Carbon capture and storage Market, by Others, By Region, 2023-2030 (US$ Bn)
TABLE 23 Global Carbon capture and storage Market, by Oil & Gas, By Region, 2017-2022 (US$ Bn)
TABLE 24 Global Carbon capture and storage Market, by Oil & Gas, By Region, 2023-2030 (US$ Bn)
TABLE 25 Global Carbon capture and storage Market, by Power Generation, By Region, 2017-2022 (US$ Bn)
TABLE 26 Global Carbon capture and storage Market, by Power Generation, By Region, 2023-2030 (US$ Bn)
TABLE 27 Global Carbon capture and storage Market, by Cement, By Region, 2017-2022 (US$ Bn)
TABLE 28 Global Carbon capture and storage Market, by Cement, By Region, 2023-2030 (US$ Bn)
TABLE 29 Global Carbon capture and storage Market, by Iron & Steel, By Region, 2017-2022 (US$ Bn)
TABLE 30 Global Carbon capture and storage Market, by Iron & Steel, By Region, 2023-2030 (US$ Bn)
TABLE 31 Global Carbon capture and storage Market, by Others, By Region, 2017-2022 (US$ Bn)
TABLE 32 Global Carbon capture and storage Market, by Others, By Region, 2023-2030 (US$ Bn)
TABLE 33 Global Carbon capture and storage Market, by Technology, 2017-2022 (US$ Bn)
TABLE 34 Global Carbon capture and storage Market, by Technology, 2023-2030 (US$ Bn)
TABLE 35 Global Carbon capture and storage Market, by Service, 2017-2022 (US$ Bn)
TABLE 36 Global Carbon capture and storage Market, by Service, 2023-2030 (US$ Bn)
TABLE 37 Global Carbon capture and storage Market, by End User, 2017-2022 (US$ Bn)
TABLE 38 Global Carbon capture and storage Market, by End User, 2023-2030 (US$ Bn)
TABLE 39 Global Carbon capture and storage Market, by Region, 2017-2022 (US$ Bn)
TABLE 40 Global Carbon capture and storage Market, by Region, 2023-2030 (US$ Bn)
TABLE 41 North America Carbon capture and storage Market, by Technology, 2017-2022 (US$ Bn)
TABLE 42 North America Carbon capture and storage Market, by Technology, 2023-2030 (US$ Bn)
TABLE 43 North America Carbon capture and storage Market, by Service, 2017-2022 (US$ Bn)
TABLE 44 North America Carbon capture and storage Market, by Service, 2023-2030 (US$ Bn)
TABLE 45 North America Carbon capture and storage Market, by End User, 2017-2022 (US$ Bn)
TABLE 46 North America Carbon capture and storage Market, by End User, 2023-2030 (US$ Bn)
TABLE 47 North America Carbon capture and storage Market, by Country, 2017-2022 (US$ Bn)
TABLE 48 North America Carbon capture and storage Market, by Country, 2023-2030 (US$ Bn)
TABLE 49 United States Carbon capture and storage Market, by Technology, 2017-2022 (US$ Bn)
TABLE 50 United States Carbon capture and storage Market, by Technology, 2023-2030 (US$ Bn)
TABLE 51 United States Carbon capture and storage Market, by Service, 2017-2022 (US$ Bn)
TABLE 52 United States Carbon capture and storage Market, by Service, 2023-2030 (US$ Bn)
TABLE 53 United States Carbon capture and storage Market, by End User, 2017-2022 (US$ Bn)
TABLE 54 United States Carbon capture and storage Market, by End User, 2023-2030 (US$ Bn)
TABLE 55 Canada Carbon capture and storage Market, by Technology, 2017-2022 (US$ Bn)
TABLE 56 Canada Carbon capture and storage Market, by Technology, 2023-2030 (US$ Bn)
TABLE 57 Canada Carbon capture and storage Market, by Service, 2017-2022 (US$ Bn)
TABLE 58 Canada Carbon capture and storage Market, by Service, 2023-2030 (US$ Bn)
TABLE 59 Canada Carbon capture and storage Market, by End User, 2017-2022 (US$ Bn)
TABLE 60 Canada Carbon capture and storage Market, by End User, 2023-2030 (US$ Bn)
TABLE 61 Mexico Carbon capture and storage Market, by Technology, 2017-2022 (US$ Bn)
TABLE 62 Mexico Carbon capture and storage Market, by Technology, 2023-2030 (US$ Bn)
TABLE 63 Mexico Carbon capture and storage Market, by Service, 2017-2022 (US$ Bn)
TABLE 64 Mexico Carbon capture and storage Market, by Service, 2023-2030 (US$ Bn)
TABLE 65 Mexico Carbon capture and storage Market, by End User, 2017-2022 (US$ Bn)
TABLE 66 Mexico Carbon capture and storage Market, by End User, 2023-2030 (US$ Bn)
TABLE 67 Europe Carbon capture and storage Market, by Technology, 2017-2022 (US$ Bn)
TABLE 68 Europe Carbon capture and storage Market, by Technology, 2023-2030 (US$ Bn)
TABLE 69 Europe Carbon capture and storage Market, by Service, 2017-2022 (US$ Bn)
TABLE 70 Europe Carbon capture and storage Market, by Service, 2023-2030 (US$ Bn)
TABLE 71 Europe Carbon capture and storage Market, by End User, 2017-2022 (US$ Bn)
TABLE 72 Europe Carbon capture and storage Market, by End User, 2023-2030 (US$ Bn)
TABLE 73 Europe Carbon capture and storage Market, by Country, 2017-2022 (US$ Bn)
TABLE 74 Europe Carbon capture and storage Market, by Country, 2023-2030 (US$ Bn)
TABLE 75 Germany Carbon capture and storage Market, by Technology, 2017-2022 (US$ Bn)
TABLE 76 Germany Carbon capture and storage Market, by Technology, 2023-2030 (US$ Bn)
TABLE 77 Germany Carbon capture and storage Market, by Service, 2017-2022 (US$ Bn)
TABLE 78 Germany Carbon capture and storage Market, by Service, 2023-2030 (US$ Bn)
TABLE 79 Germany Carbon capture and storage Market, by End User, 2017-2022 (US$ Bn)
TABLE 80 Germany Carbon capture and storage Market, by End User, 2023-2030 (US$ Bn)
TABLE 81 France Carbon capture and storage Market, by Technology, 2017-2022 (US$ Bn)
TABLE 82 France Carbon capture and storage Market, by Technology, 2023-2030 (US$ Bn)
TABLE 83 France Carbon capture and storage Market, by Service, 2017-2022 (US$ Bn)
TABLE 84 France Carbon capture and storage Market, by Service, 2023-2030 (US$ Bn)
TABLE 85 France Carbon capture and storage Market, by End User, 2017-2022 (US$ Bn)
TABLE 86 France Carbon capture and storage Market, by End User, 2023-2030 (US$ Bn)
TABLE 87 United Kingdom Carbon capture and storage Market, by Technology, 2017-2022 (US$ Bn)
TABLE 88 United Kingdom Carbon capture and storage Market, by Technology, 2023-2030 (US$ Bn)
TABLE 89 United Kingdom Carbon capture and storage Market, by Service, 2017-2022 (US$ Bn)
TABLE 90 United Kingdom Carbon capture and storage Market, by Service, 2023-2030 (US$ Bn)
TABLE 91 United Kingdom Carbon capture and storage Market, by End User, 2017-2022 (US$ Bn)
TABLE 92 United Kingdom Carbon capture and storage Market, by End User, 2023-2030 (US$ Bn)
TABLE 93 Italy Carbon capture and storage Market, by Technology, 2017-2022 (US$ Bn)
TABLE 94 Italy Carbon capture and storage Market, by Technology, 2023-2030 (US$ Bn)
TABLE 95 Italy Carbon capture and storage Market, by Service, 2017-2022 (US$ Bn)
TABLE 96 Italy Carbon capture and storage Market, by Service, 2023-2030 (US$ Bn)
TABLE 97 Italy Carbon capture and storage Market, by End User, 2017-2022 (US$ Bn)
TABLE 98 Italy Carbon capture and storage Market, by End User, 2023-2030 (US$ Bn)
TABLE 99 Spain Carbon capture and storage Market, by Technology, 2017-2022 (US$ Bn)
TABLE 100 Spain Carbon capture and storage Market, by Technology, 2023-2030 (US$ Bn)
TABLE 101 Spain Carbon capture and storage Market, by Service, 2017-2022 (US$ Bn)
TABLE 102 Spain Carbon capture and storage Market, by Service, 2023-2030 (US$ Bn)
TABLE 103 Spain Carbon capture and storage Market, by End User, 2017-2022 (US$ Bn)
TABLE 104 Spain Carbon capture and storage Market, by End User, 2023-2030 (US$ Bn)
TABLE 105 Rest of Europe Carbon capture and storage Market, by Technology, 2017-2022 (US$ Bn)
TABLE 106 Rest of Europe Carbon capture and storage Market, by Technology, 2023-2030 (US$ Bn)
TABLE 107 Rest of Europe Carbon capture and storage Market, by Service, 2017-2022 (US$ Bn)
TABLE 108 Rest of Europe Carbon capture and storage Market, by End User, 2023-2030 (US$ Bn)
TABLE 109 Rest of Europe Carbon capture and storage Market, by End User, 2017-2022 (US$ Bn)
TABLE 110 Rest of Europe Carbon capture and storage Market, by Service, 2023-2030 (US$ Bn)
TABLE 111 Asia Pacific Carbon capture and storage Market, by Technology, 2017-2022 (US$ Bn)
TABLE 112 Asia Pacific Carbon capture and storage Market, by Technology, 2023-2030 (US$ Bn)
TABLE 113 Asia Pacific Carbon capture and storage Market, by Service, 2017-2022 (US$ Bn)
TABLE 114 Asia Pacific Carbon capture and storage Market, by Service, 2023-2030 (US$ Bn)
TABLE 115 Asia Pacific Carbon capture and storage Market, by End User, 2017-2022 (US$ Bn)
TABLE 116 Asia Pacific Carbon capture and storage Market, by End User, 2023-2030 (US$ Bn)
TABLE 117 Asia Pacific Carbon capture and storage Market, by Country, 2017-2022 (US$ Bn)
TABLE 118 Asia Pacific Carbon capture and storage Market, by Country, 2023-2030 (US$ Bn)
TABLE 119 China Carbon capture and storage Market, by Technology, 2017-2022 (US$ Bn)
TABLE 120 China Carbon capture and storage Market, by Technology, 2023-2030 (US$ Bn)
TABLE 121 China Carbon capture and storage Market, by Service, 2017-2022 (US$ Bn)
TABLE 122 China Carbon capture and storage Market, by Service, 2023-2030 (US$ Bn)
TABLE 123 China Carbon capture and storage Market, by End User, 2017-2022 (US$ Bn)
TABLE 124 China Carbon capture and storage Market, by End User, 2023-2030 (US$ Bn)
TABLE 125 Japan Carbon capture and storage Market, by Technology, 2017-2022 (US$ Bn)
TABLE 126 Japan Carbon capture and storage Market, by Technology, 2023-2030 (US$ Bn)
TABLE 127 Japan Carbon capture and storage Market, by Service, 2017-2022 (US$ Bn)
TABLE 128 Japan Carbon capture and storage Market, by Service, 2023-2030 (US$ Bn)
TABLE 129 Japan Carbon capture and storage Market, by End User, 2017-2022 (US$ Bn)
TABLE 130 Japan Carbon capture and storage Market, by End User, 2023-2030 (US$ Bn)
TABLE 131 India Carbon capture and storage Market, by Technology, 2017-2022 (US$ Bn)
TABLE 132 India Carbon capture and storage Market, by Technology, 2023-2030 (US$ Bn)
TABLE 133 India Carbon capture and storage Market, by Service, 2017-2022 (US$ Bn)
TABLE 134 India Carbon capture and storage Market, by Service, 2023-2030 (US$ Bn)
TABLE 135 India Carbon capture and storage Market, by End User, 2017-2022 (US$ Bn)
TABLE 136 India Carbon capture and storage Market, by End User, 2023-2030 (US$ Bn)
TABLE 137 South Korea Carbon capture and storage Market, by Technology, 2017-2022 (US$ Bn)
TABLE 138 South Korea Carbon capture and storage Market, by Technology, 2023-2030 (US$ Bn)
TABLE 139 South Korea Carbon capture and storage Market, by Service, 2017-2022 (US$ Bn)
TABLE 140 South Korea Carbon capture and storage Market, by Service, 2023-2030 (US$ Bn)
TABLE 141 South Korea Carbon capture and storage Market, by End User, 2017-2022 (US$ Bn)
TABLE 142 South Korea Carbon capture and storage Market, by End User, 2023-2030 (US$ Bn)
TABLE 143 South-East Asia Carbon capture and storage Market, by Technology, 2017-2022 (US$ Bn)
TABLE 144 South-East Asia Carbon capture and storage Market, by Technology, 2023-2030 (US$ Bn)
TABLE 145 South-East Asia Carbon capture and storage Market, by Service, 2017-2022 (US$ Bn)
TABLE 146 South-East Asia Carbon capture and storage Market, by Service, 2023-2030 (US$ Bn)
TABLE 147 South-East Asia Carbon capture and storage Market, by End User, 2017-2022 (US$ Bn)
TABLE 148 South-East Asia Carbon capture and storage Market, by End User, 2023-2030 (US$ Bn)
TABLE 149 Rest of Asia Pacific Carbon capture and storage Market, by Technology, 2017-2022 (US$ Bn)
TABLE 150 Rest of Asia Pacific Carbon capture and storage Market, by Technology, 2023-2030 (US$ Bn)
TABLE 151 Rest of Asia Pacific Carbon capture and storage Market, by Service, 2017-2022 (US$ Bn)
TABLE 152 Rest of Asia Pacific Carbon capture and storage Market, by Service, 2023-2030 (US$ Bn)
TABLE 153 Rest of Asia Pacific Carbon capture and storage Market, by End User, 2017-2022 (US$ Bn)
TABLE 154 Rest of Asia Pacific Carbon capture and storage Market, by End User, 2023-2030 (US$ Bn)
TABLE 155 Latin America Carbon capture and storage Market, by Technology, 2017-2022 (US$ Bn)
TABLE 156 Latin America Carbon capture and storage Market, by Technology, 2023-2030 (US$ Bn)
TABLE 157 Latin America Carbon capture and storage Market, by Service, 2017-2022 (US$ Bn)
TABLE 158 Latin America Carbon capture and storage Market, by Service, 2023-2030 (US$ Bn)
TABLE 159 Latin America Carbon capture and storage Market, by End User, 2017-2022 (US$ Bn)
TABLE 160 Latin America Carbon capture and storage Market, by End User, 2023-2030 (US$ Bn)
TABLE 161 Latin America Carbon capture and storage Market, by Country, 2017-2022 (US$ Bn)
TABLE 162 Latin America Carbon capture and storage Market, by Country, 2023-2030 (US$ Bn)
TABLE 163 Brazil Carbon capture and storage Market, by Technology, 2017-2022 (US$ Bn)
TABLE 164 Brazil Carbon capture and storage Market, by Technology, 2023-2030 (US$ Bn)
TABLE 165 Brazil Carbon capture and storage Market, by Service, 2017-2022 (US$ Bn)
TABLE 166 Brazil Carbon capture and storage Market, by Service, 2023-2030 (US$ Bn)
TABLE 167 Brazil Carbon capture and storage Market, by End User, 2017-2022 (US$ Bn)
TABLE 168 Brazil Carbon capture and storage Market, by End User, 2023-2030 (US$ Bn)
TABLE 169 Argentina Carbon capture and storage Market, by Technology, 2017-2022 (US$ Bn)
TABLE 170 Argentina Carbon capture and storage Market, by Technology, 2023-2030 (US$ Bn)
TABLE 171 Argentina Carbon capture and storage Market, by Service, 2017-2022 (US$ Bn)
TABLE 172 Argentina Carbon capture and storage Market, by Service, 2023-2030 (US$ Bn)
TABLE 173 Argentina Carbon capture and storage Market, by End User, 2017-2022 (US$ Bn)
TABLE 174 Argentina Carbon capture and storage Market, by End User, 2023-2030 (US$ Bn)
TABLE 175 Rest of Latin America Carbon capture and storage Market, by Technology, 2017-2022 (US$ Bn)
TABLE 176 Rest of Latin America Carbon capture and storage Market, by Technology, 2023-2030 (US$ Bn)
TABLE 177 Rest of Latin America Carbon capture and storage Market, by Service, 2017-2022 (US$ Bn)
TABLE 178 Rest of Latin America Carbon capture and storage Market, by Service, 2023-2030 (US$ Bn)
TABLE 179 Rest of Latin America Carbon capture and storage Market, by End User, 2017-2022 (US$ Bn)
TABLE 180 Rest of Latin America Carbon capture and storage Market, by End User, 2023-2030 (US$ Bn)
TABLE 181 Middle East and Africa Carbon capture and storage Market, by Technology, 2017-2022 (US$ Bn)
TABLE 182 Middle East and Africa Carbon capture and storage Market, by Technology, 2023-2030 (US$ Bn)
TABLE 183 Middle East and Africa Carbon capture and storage Market, by Service, 2017-2022 (US$ Bn)
TABLE 184 Middle East and Africa Carbon capture and storage Market, by Service, 2023-2030 (US$ Bn)
TABLE 185 Middle East and Africa Carbon capture and storage Market, by End User, 2017-2022 (US$ Bn)
TABLE 186 Middle East and Africa Carbon capture and storage Market, by End User, 2023-2030 (US$ Bn)
TABLE 187 Middle East and Africa Carbon capture and storage Market, by Country, 2017-2022 (US$ Bn)
TABLE 188 Middle East and Africa Carbon capture and storage Market, by Country, 2023-2030 (US$ Bn)
TABLE 189 GCC Countries Carbon capture and storage Market, by Technology, 2017-2022 (US$ Bn)
TABLE 190 GCC Countries Carbon capture and storage Market, by Technology, 2023-2030 (US$ Bn)
TABLE 191 GCC Countries Carbon capture and storage Market, by Service, 2017-2022 (US$ Bn)
TABLE 192 GCC Countries Carbon capture and storage Market, by Service, 2023-2030 (US$ Bn)
TABLE 193 GCC Countries Carbon capture and storage Market, by End User, 2017-2022 (US$ Bn)
TABLE 194 GCC Countries Carbon capture and storage Market, by End User, 2023-2030 (US$ Bn)
TABLE 195 South Africa Carbon capture and storage Market, by Technology, 2017-2022 (US$ Bn)
TABLE 196 South Africa Carbon capture and storage Market, by Technology, 2023-2030 (US$ Bn)
TABLE 197 South Africa Carbon capture and storage Market, by Service, 2017-2022 (US$ Bn)
TABLE 198 South Africa Carbon capture and storage Market, by Service, 2023-2030 (US$ Bn)
TABLE 199 South Africa Carbon capture and storage Market, by End User, 2017-2022 (US$ Bn)
TABLE 200 South Africa Carbon capture and storage Market, by End User, 2023-2030 (US$ Bn)
TABLE 201 Rest of Middle East and Africa Carbon capture and storage Market, by Technology, 2017-2022 (US$ Bn)
TABLE 202 Rest of Middle East and Africa Carbon capture and storage Market, by Technology, 2023-2030 (US$ Bn)
TABLE 203 Rest of Middle East and Africa Carbon capture and storage Market, by Service, 2017-2022 (US$ Bn)
TABLE 204 Rest of Middle East and Africa Carbon capture and storage Market, by Service, 2023-2030 (US$ Bn)
TABLE 205 Rest of Middle East and Africa Carbon capture and storage Market, by End User, 2017-2022 (US$ Bn)
TABLE 206 Rest of Middle East and Africa Carbon capture and storage Market, by End User, 2023-2030 (US$ Bn)

Frequently asked questions

What is the current size of the global carbon capture and storage service market?

The global Carbon capture and storage service market was valued at USD 3.1 Billion in 2022.

What is the expected growth rate of the Carbon capture and storage service market between 2023 and 2030?

The Carbon capture and storage service market is expected to grow at a CAGR of 6.50% between 2023 and 2030, reaching USD 4.817358292 Billion in 2030.

Which technology segment is leading the market share in terms of Technology?

Chemical Looping is the leading segment by technology, holding around more than three-firth of the share in value in 2022.

Which end user governs the demand for Carbon capture and storage service in the world?

Oil & Gas governs the demand for Carbon capture and storage service worldwide, holding a massive share of nearly 30% in 2022.

Which segment is expected to post the highest CAGR during the forecast period?

Solvents & sorbents & other segments is expected to post the highest CAGR during the forecast period.

Which region is fueling the growth of the Carbon capture and storage service industry?

North America is fueling the growth of the Carbon capture and storage service industry, with nearly two-third share in 2022.

Who are the major players in the global Carbon capture and storage service market?

The top players include Aker Solutions, Dakota Gasification Company, Equinor ASA, Fluor Corp., Linde plc, Maersk Oil, Mitsubishi Heavy Industries Ltd., and others.

What is the major market driver of the carbon capture and storage service industry?

Increasing awareness of climate change and the urgent need to reduce greenhouse gas emissions & advancements in carbon capture and storage market (CCS) technologies are the major market drivers.

What are the major market restraints of the carbon capture and storage service industry?

High upfront capital costs associated with CCS infrastructure installation and operation & lack of a comprehensive global regulatory framework are still restraints of the carbon capture and storage service industry.

What are the major market opportunities of the carbon capture and storage service industry?

Increasing focus on achieving net-zero emissions and the need for large-scale decarbonization create a favorable environment for CCS technologies & governments and industries worldwide are seeking cost-effective solutions are opportunities for the carbon capture and storage service industry.

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Gas Turbine Electrical Power Generation Market

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