Carbon Capture and Storage (CCS) is a technology that can capture up to 90% of the carbon dioxide (CO2) emissions produced from the use of fossil fuels in electricity generation and industrial processes, preventing the carbon dioxide from entering the atmosphere.
Carbon dioxide can be captured out of air or fossil fuel power plant flue gas using adsorption (or carbon scrubbing), membrane gas separation, or adsorption technologies. Amines are the leading carbon scrubbing technology. Storage of the CO2 is envisaged either in deep geological formations, or in the form of mineral carbonates. Geological formations are currently considered the most promising sequestration sites.
In 2019, the market size of Carbon Capture and Sequestration (CCS) is 4430 million US$ and it will reach 14200 million US$ in 2025, growing at a CAGR of 15.7% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Carbon Capture and Sequestration (CCS).
This report studies the global market size of Carbon Capture and Sequestration (CCS), especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Carbon Capture and Sequestration (CCS) production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Mitsubishi Heavy Industries
Market Segment by Product Type
Market Segment by Application
Enhanced Oil Recovery
Key Regions split in this report: breakdown data for each region.
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Carbon Capture and Sequestration (CCS) status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Carbon Capture and Sequestration (CCS) manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Carbon Capture and Sequestration (CCS) are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025