Energy & Green Renewable Technology Market News

Global carbon capture and storage (CCS) industry perceived to develop substantially with a strong CAGR of 10.9% by 2022 made available by top research firm

Rising demand for Co2-EOR new techniques, increasing number of environmental issues are propelling the market growth.

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Description:

imageGlobal Carbon Capture and Storage market is expected to grow from $2.253 billion in 2016 to reach $4.205 billion by 2022 with a CAGR of 10.9%. 

However, huge initial cost required in implementing carbon capture technologies and strict regulations are some of the factors hindering the market growth.

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Based on the end user segment, power and oil and gas segment leads the market globally and the growth of this segment is attributed to rising focus of emerging countries in minimizing co2 emissions during power generation. On the other hand, in application segment enhanced oil recovery (EOR) process is expected to grow with a high CAGR during the forecast period.

The growth of this segment is rising as c02 is widely used in oil and gas companies to reduce gas pressure. North America leads the market globally due to the growing number of oilfields in this region.

Some of the key players in global carbon capture and storage market include Siemens AG, Mitsubishi Heavy Industries Ltd, Hitachi Ltd, Aker Solutions, Fluor Corporation, Honeywell International Inc, Linde AG, Exxonmobil Corporation, General Electric, Halliburton, Schlumberger Limited, Shell Global, Statoil, Dakota Gasification Company, and Japan CCS Co., Ltd.

Services Covered:
Carbon Storage
Carbon Transpotation
Carbon Capture

Technologies Covered:
Post-Combustion Capture 
Industrial Separation Capture 
OXY-Fuel Combustion Capture 
Pre-Combustion Capture

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Applications Covered:
Agriculture 
Enhanced Oil Recovery (EOR) process 
Industries

End-Users Covered:
Manufacturing sector 
Power and oil and gas sector
Food & beverages 
Chemical Industries 
Coal and biomass Power Plants 
Iron & Steel 
Other end users

Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK 
Spain 
Rest of Europe 
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt

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What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Some Points From List of Tables

1 Global Carbon Capture and Storage (CSS) Market Outlook, By Region (2014-2022) ($MN)
2 Global Carbon Capture and Storage (CSS) Market Outlook, By Service (2014-2022) ($MN)
3 Global Carbon Capture and Storage (CSS) Market Outlook, By Carbon Storage (2014-2022) ($MN)
4 Global Carbon Capture and Storage (CSS) Market Outlook, By Capture Transportation (2014-2022) ($MN)
5 Global Carbon Capture and Storage (CSS) Market Outlook, By Carbon Capture (2014-2022) ($MN)
6 Global Carbon Capture and Storage (CSS) Market Outlook, By Technology (2014-2022) ($MN)
7 Global Carbon Capture and Storage (CSS) Market Outlook, By Post-Combustion Capture (2014-2022) ($MN)
8 Global Carbon Capture and Storage (CSS) Market Outlook, By Industrial Separation Capture (2014-2022) ($MN)
9 Global Carbon Capture and Storage (CSS) Market Outlook, By Oxy-Fuel Combustion (2014-2022) ($MN)
10 Global Carbon Capture and Storage (CSS) Market Outlook, By Pre-Combustion Capture (2014-2022) ($MN)
11 Global Carbon Capture and Storage (CSS) Market Outlook, By Application (2014-2022) ($MN)
12 Global Carbon Capture and Storage (CSS) Market Outlook, By Agriculture (2014-2022) ($MN)

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