CCS (Carbon Capture and Storage) Market to reach USD 5.8 billion by 2025

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Global Carbon Capture and Storage CCS Market valued approximately USD 2.3 billion in 2016 is anticipated to grow with a healthy growth rate of more than 10.90% over the forecast period 2017-2025. Rising demand for Co2-EOR new techniques, increasing number of environmental issues are propelling the market growth. However, huge initial cost required in implementing carbon capture technologies and strict regulations are some of the factors hindering the market growth.

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.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

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The detailed segments and sub-segment of the market are explained below:

By Service:

  • Stainless Steel
  • Concrete

By Technology:

  • Petrochemical Industry
  • Paper & Pulp Industry
  • Food & Beverage Industry
  • Bio Fuel Production Plant

By Application:

  • Agriculture
  • Enhanced Oil Recovery Process
  • Industries

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By End User:

  • Manufacturing Sector
  • Power and Oil and Gas sector
  • Food & Beverages
  • Chemical Industries
  • Coal & Biomass Power Plant
  • Iron & Steel

Furthermore, years considered for the study are as follows:

  • Historical year – 2015, 2016
  • Base year – 2017
  • Forecast period – 2018 to 2025

Key manufacturers involved in the market:

  • Halliburton,
  • Siemens AG,
  • Mitsubishi Heavy Industries, Ltd.,
  • Hitachi, Ltd,
  • Aker Solutions,
  • Fluor Corporatio ,
  • Honeywell International Inc.,
  • Linde AG
  • Exxonmobil Corporation,
  • General Electric

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Target Audience for this Market Study:

  • Key Consulting Companies & Advisors
  • Large, medium-sized, and small enterprises
  • Venture capitalists
  • Value-Added Resellers VARs
  • Third-party knowledge providers
  • Investment bankers
  • Investors

Chapter wise report content:

  • Chapter 1 Global Carbon Capture and Storage CCS Market Definition & Scope
  • Chapter Research Methodology
  • Chapter 3 Executive Summary
  • Chapter 4 Global Carbon Capture and Storage CCS Market Dynamics
  • Chapter 5 Global Carbon Capture and Storage CCS Market, by Service
  • Chapter 6 Global Carbon Capture and Storage CCS Market, by Technology
  • Chapter 7. Global Carbon Capture and Storage CCS Market, by Application
  • Chapter 8. Global Carbon Capture and Storage CCS Market, By End User
  • Chapter 9. Global Carbon Capture and Storage CCS Market, by Regional Analysis
  • Chapter 10. Competitive Intelligence

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