Global Carbon Capture and Storage Market Size, Status and Forecast 2020-2026

Carbon capture and storage (CCS) (or carbon capture and sequestration or carbon control and sequestration) is the process of capturing waste carbon dioxide (CO2) from large point sources, such as fossil fuel power plants, transporting it to a storage site, and depositing it where it will not enter the atmosphere, normally an underground geological formation.
In the coming years there is an increasing demand for Carbon Capture and Storage in the regions of United States and Europe that is expected to drive the market for more advanced Carbon Capture and Storage. Growth in government budgets in the principal countries, increasing of power generation fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Carbon Capture and Storage will drive growth in United States and Europe markets.
Market Analysis and Insights: Global Carbon Capture and Storage Market
In 2019, the global Carbon Capture and Storage market size was US$ 3735.7 million and it is expected to reach US$ 5680.3 million by the end of 2026, with a CAGR of 6.1% during 2021-2026.
Global Carbon Capture and Storage Scope and Market Size
Carbon Capture and Storage market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Carbon Capture and Storage market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the Carbon Capture and Storage market is segmented into Pre-Combustion Carbon Capture, Oxy-Combustion Carbon Capture, Post-Combustion Carbon Capture, etc.
Segment by Application, the Carbon Capture and Storage market is segmented into Oil & Gas, Power Generation, Others, etc.
Regional and Country-level Analysis
The Carbon Capture and Storage market is analysed and market size information is provided by regions (countries).
The key regions covered in the Carbon Capture and Storage market report are North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.

Competitive Landscape

and Carbon Capture and Storage Market Share Analysis
Carbon Capture and Storage market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in Carbon Capture and Storage business, the date to enter into the Carbon Capture and Storage market, Carbon Capture and Storage product introduction, recent developments, etc.
The major vendors include Exxonmobil Corporation, Schlumberger, Huaneng, Linde AG, Halliburton, BASF, General Electric, Siemens, Honeywell UOP, Sulzer, Equinor, NRG, AkerSolutions, Shell, Skyonic Corp., Mitsubishi Hitachi, Fluor, Sinopec, etc.

This report focuses on the global Carbon Capture and Storage status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Carbon Capture and Storage development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.

The key players covered in this study

Exxonmobil Corporation
Schlumberger
Huaneng
Linde AG
Halliburton
BASF
General Electric
Siemens
Honeywell UOP
Sulzer
Equinor
NRG
AkerSolutions
Shell
Skyonic Corp.
Mitsubishi Hitachi
Fluor
Sinopec

Market segment by Type, the product can be split into

Pre-Combustion Carbon Capture
Oxy-Combustion Carbon Capture
Post-Combustion Carbon Capture

Market segment by Application, split into

Oil & Gas
Power Generation
Others

Market segment by Regions/Countries, this report covers

North America
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:

To analyze global Carbon Capture and Storage status, future forecast, growth opportunity, key market and key players.
To present the Carbon Capture and Storage development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by type, market and key regions.

In this study, the years considered to estimate the market size of Carbon Capture and Storage are as follows:
History Year: 2015-2019

Base Year:

2019

Estimated Year:

2020
Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Frequently Asked Questions