Industrial, Manufacturing & Heavy Industry Market News

New report shares details about the global carbon sequestration market

The size of the global carbon sequestration market is estimated to be USD XX.XX Billion in 2016, and is projected to grow at a CAGR of 13.9% from 2016 to 2022, to reach USD XX.XX Billion by 2022. Market growth is driven by factors such as the growing demand for power & CO2-EOR techniques and rising environmental concerns worldwide.

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The carbon sequestration market has also been classified based on application into EOR process, industrial, agricultural, and others. The demand for EOR process is expected to increase during the forecast period, due to its usage in a wide range of applications in the oil & gas industry.

Report: www.kminsights.com/request-sample-5242?utm_source=Whatech-Chhagan&utm_medium=Whatech-Chhagan

North America held the largest market share, followed by Asia-Pacific and the Middle East. In 2015, the U.S. dominated the North American carbon capture & sequestration market.

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This can be attributed to government support, followed by presence of more coal- and gas-fired power plants. Meanwhile, the market is estimated to grow the fastest in Asia-Pacific, owing to more number of coal-fired power plants.

The figure given below indicates the market size of various regions by 2021, with their respective CAGRs.

This report studies Carbon Sequestration in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering
Aker Clean Carbon
Alstom
Fluor
Hitachi
Linde
Mitsubishi Heavy Industries
Schlumberger
Shell Cansolv
Siemens
Universal Oil Products.

Report: www.kminsights.com/request-sample-5242?utm_source=Whatech-Chhagan&utm_medium=Whatech-Chhagan

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