Carbon capture, utilization & storage market to reach USD 6.4 billion at a CAGR of 26.3%

Carbon capture, utilization and storage (CCUS), also referred to as carbon capture, utilization and sequestration, is a process that captures carbon dioxide emissions from sources like coal-fired power plants and either reuses or stores it so it will not enter the atmosphere. The global carbon capture, utilization & storage market was estimated at USD 1,244 million in 2020 and is expected to hit USD 6,377 million by 2027, registering a CAGR of 26.3% from 2021 to 2027 as per the latest report by Gen Consulting Company.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global carbon capture, utilization & storage market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments.

The carbon capture, utilization & storage market is segmented on the basis of technology, end user, service, and region. The carbon capture, utilization & storage market is segmented as below:

By technology:

- industrial separation capture

- oxy-fuel combustion capture

- pre- and post-combustion capture

- inherent separation

- others

By end user:

- power

- heavy industries

- oil & gas

- bioenergy

- hydrogen

- others

By service:

- carbon capture

- carbon transportation

- carbon storage

- others

By region:

- region

- Asia Pacific

- Europe

- North America

- Rest of the World (RoW)

The market research report covers the analysis of key stake holders of the global carbon capture, utilization & storage market. Some of the leading players profiled in the report include Air Liquide S.A., Air Products & Chemicals, Inc., Aker Carbon Capture AS, Alstom SA, Baker Hughes Company, CGG S.A., Fluor Corporation, Global Thermostat (GT), Linde plc, Praxair, Inc., Schlumberger Limited, Velocys plc, WORLEY Limited, among others.

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Historical & Forecast Period

This research report provides analysis for each segment from 2017 to 2027 considering 2020 to be the base year.

Read Full Report : https://gen-cons.com/report/global-carbon-capture-utilization-storage-ccus-market-2021-2027

Scope of the Report

- To analyze and forecast the market size of the global carbon capture, utilization & storage market.

- To classify and forecast the global carbon capture, utilization & storage market based on technology, end user, service, and region.

- To identify drivers and challenges for the global carbon capture, utilization & storage market.

- To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global carbon capture, utilization & storage market.

- To identify and analyze the profile of leading players operating in the global carbon capture, utilization & storage market.

Why Choose This Report

- Gain a reliable outlook of the global carbon capture, utilization & storage market forecasts from 2021 to 2027 across scenarios.

- Identify growth segments for investment.

- Stay ahead of competitors through company profiles and market data.

- The market estimate for ease of analysis across scenarios in Excel format.

- Strategy consulting and research support for three months.

- Print authentication provided for the single-user license.