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.

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For the Carbon Capture and Storage market, Exxonmobil Corporation, Schlumberger, Linde AG, Halliburton and BASF respectively account for 13.70%, 10.08%, 6.81%, 6.09% and 5.96% market share in 2018, and the sum of the market share percentage held by the largest number of firms in this industry is less than 50%, which indicate that the Carbon Capture and Storage industry is perfectly competitive and is considered low concentration.

Globally, the Carbon Capture and Storage industry market is low concentrated as the manufacturing technology of Carbon Capture and Storage is relatively immatures than some high-tech equipment. And some enterprises, like ExxonMobil, Schlumberger, Huaneng, etc. are well-known for the wonderful performance of their Carbon Capture and Storage and related services. At the same time, Americas, occupied 49% market share in 2018, is remarkable in the global Carbon Capture and Storage industry because of their market share and technology status of Carbon Capture and Storage.

According to this study, over the next five years the Carbon Capture and Storage market will register a 5.9% CAGR in terms of revenue, the global market size will reach US$ 4390 million by 2024, from US$ 3300 million in 2019. In particular, this report presents the global revenue market share of key companies in Carbon Capture and Storage business, shared in Chapter 3.

This report presents a comprehensive overview, market shares and growth opportunities of Carbon Capture and Storage market by product type, application, key companies and key regions.This study considers the Carbon Capture and Storage value generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.

• Pre-Combustion Carbon Capture
• Oxy-Combustion Carbon Capture

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.

• Oil & Gas
• Power Generation
• Others

 

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

• Americas
• United States
• Canada
• Mexico
• Brazil
• APAC
• China
• Japan
• Korea
• Southeast Asia
• India
• Australia
• Europe
• Germany
• France
• UK
• Italy
• Russia
• Spain
• Middle East & Africa
• Egypt
• South Africa
• Israel
• Turkey
• GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.

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

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

• To study and analyze the global Carbon Capture and Storage market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
• To understand the structure of Carbon Capture and Storage market by identifying its various subsegments.
• Focuses on the key global Carbon Capture and Storage players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
• To analyze the Carbon Capture and Storage with respect to individual growth trends, future prospects, and their contribution to the total market.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• To project the size of Carbon Capture and Storage submarkets, with respect to key regions (along with their respective key countries).
• To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies.

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Table of content

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology

2 Executive Summary
2.1 World Market Overview
2.1.1 Global Carbon Capture and Storage Market Size 2014–2024
2.1.2 Carbon Capture and Storage Market Size CAGR by Region
2.2 Carbon Capture and Storage Segment by Type

3 Global Carbon Capture and Storage by Players
3.1 Global Carbon Capture and Storage Market Size Market Share by Players
3.1.1 Global Carbon Capture and Storage Market Size by Players (2017–2019)
3.1.2 Global Carbon Capture and Storage Market Size Market Share by Players (2017–2019)

Key Que Answered in this report:

1. What will the Carbon Capture and Storage Market?
2. What are the key factors driving the Global Carbon Capture and Storage Market?
3. What are the key market trends in the Carbon Capture and Storage Market?
4. improve pasting the growth of this Carbon Capture and Storage Market?
5. What are the challenges to the Carbon Capture and Storage Market?
6. What are the market opportunities and threats faced by the vendors in the Global Carbon Capture and Storage Market?
7. What are the key outcomes of the five forces analysis of the Carbon Capture and Storage Market?

What is our report offers:

Strategic suggestions and proposals for the beginners to understand
Assessments of the market share from different countries and regions were conducted
Top key market players, market share analysis included.
The market observations such as constraints, drivers, threats, opportunities, investment opportunities, challenges, and recommendations are added.
The competitive landscaping mappings of the ongoing trends are discussed.
Based on the market estimations, the strategic recommendations are made in the business segments

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