- Rising industrialization rate coupled with raising investment for manufacturing facilities, increasing energy demands, coupled with towering investment toward the upstream & downstream sectors, are primarily driving the market
JERSEY CITY, N. J., Jan. 25, 2021 /PRNewswire/ -- Verified Market Research recently published a report, "Carbon Capture and Storage Market By Technology (Pre combustion capture, Post combustion capture, and Oxy-fuel combustion capture), By End-User (Oil and Gas, Coal and Biomass Power Plant, Iron and Steel, Chemical, and Others), By Geography". According to Verified Market Research, the Global Carbon Capture and Storage Market was valued at USD 3.36 billion in 2019 and is projected to reach USD 6.15 billion by 2027, growing at a CAGR of 7.88% from 2020 to 2027.
Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample/?rid=37601
Browse in-depth TOC on "Carbon Capture and Storage Market"
202 - Pages
126 - Tables
37 - Figures
Global Carbon Capture and Storage Market Overview
The global carbon capture and storage market is principally driven by the rising industrialization rate coupled with raising investment for manufacturing facilities. Various governmental strategies to decrease greenhouse gas emissions in many industries will moreover support the demand for carbon capture and storage throughout the forecast period. Additionally, the improved oilfield recovery plans release carbon dioxide when the machine is in process. This released carbon dioxide requires being stored, thus driving the carbon capture and storage market. Moreover, increasing energy demands, coupled with towering investment toward the upstream & downstream sectors, will besides improve the carbon capture and storage market outlook. Additionally, serious concern about the increasing CO2 emission and the increasing energy demands among the management and societies, which eventually drives the carbon capture and storage market. Furthermore, the rising adoption of highly efficient power generation cycles along with technological improvements in the field is feeding the industry development.
The major players in the market areRoyal Dutch Shell plc, Halliburton Company, Schlumberger Limited, Aker Solutions ASA, Statoil ASA, Chevron, Shell, Carbon Engineering, NRG Energy, Bow city Power.
Verified Market Research has segmented the Global Carbon Capture and Storage Market On the basis of Technology, End-User, and Geography.
- Carbon Capture and Storage Market by Technology
- Pre combustion capture
- Post combustion capture
- Oxy-fuel combustion capture
- Carbon Capture and Storage Market by End-User
- Oil and Gas
- Coal and Biomass Power Plant
- Iron and Steel
- Chemical
- Others
- Carbon Capture and Storage Market by Geography
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- U.K
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- ROW
- Middle East & Africa
- Latin America
Browse Related Reports:
Pour Point Depressant Market by End User (Lubricant Industry, Oil & Gas Industry), by Chemistry (Poly Alkyl Methacrylates, Ethylene Co-Vinyl-Acetate, Styrene Esters, Poly Alpha Olefin, and Pthalic Acid Esters), by Geography, Forecast, 2020-2027
Paraxylene Market by Product (Dimethyl Terephthalate (DMT), Purified Terephthalic Acid (PTA), and Dibutyl phathalate xylene (Di-PX)), by Application (Solvents, Pesticides, and Coatings), by Geography, Forecast, 2020-2027
Modified Atmosphere Packaging Market by Product (Polyethylene, Nylon, Oriented Polyterephthalic Acid, Ethylene Vinyl Alcohol, and Others), by Application (Dairy Products, Bakery & Confectionery, Poultry, Seafood, Meat Products, and Convenience Food), by Geography, Forecast, 2020-2027
Natural Flavours And Fragrances Market by Product (Animal Natural Flavours And Fragrances, and Botanical Natural Flavours And Fragrances), by Application (Food and Beverage, Pharmaceutical, Cosmetics, Home and Health Care, and Others), by Geography, Forecast, 2020-2027
10 largest tire manufacturers cruising through the roads
Verified Market Intelligence:
Verified Market Intelligence is a BI enabled database service with forecasted trends and accurate market insights on over 20,000+ tracked markets helping organizations globally with their market research needs. VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment and Key players for emerging and niche markets.
About Us
Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research provides advanced analytical research solutions while offering information enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SME's offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.
We study 14+ categories from Semiconductor & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & construction, Agriculture industry and Medical Devices from over 100 countries.
Contact Us
Mr. Edwyne Fernandes
Verified Market Research
US: +1 (650)-781-4080
UK: +44 (203)-411-9686
APAC: +91 (902)-863-5784
US Toll Free: 1 (800)-782-1768
Email: sales@verifiedmarketresearch.com
Web: https://www.verifiedmarketresearch.com/
Follow Us: LinkedIn | Twitter
Photo: https://mma.prnewswire.com/media/1425749/Carbon_Capture_and_storage_Market.jpg
Logo: https://mma.prnewswire.com/media/1170750/Verified_Market_Research_Logo.jpg
