조사회사 : MarketsandMarkets (마켓츠앤마켓츠) 출판년월 : 2024년02월
Carbon Capture, Utilization, and Storage Market – Global Forecast to 2030
탄소 포집, 활용 및 저장 (CCUS) 시장 : 서비스(포집, 운송, 활용, 저장), 기술(케미컬 루핑, 용매 및 흡수제, 막), 최종 용도 산업, 지역별 – 2030년까지의 세계 예측
Carbon Capture, Utilization, and Storage Market by Service (Capture, Transportation, Utilization, Storage), Technology (Chemical Looping, Solvents & Sorbent, Membranes), End-Use Industry, and Region – Global Forecast to 2030
페이지 수 | 270 |
도표 수 | 371 |
구성 | 영문조사보고서 |
가격 |
Report Overview
The global carbon Capture, Utilization, and Storage market size is projected to grow from USD 3.1 Billion in 2023 to USD 12.9 Billion by 2030, at a CAGR of 24.0% during the forecast period.
세계 탄소 포집, 활용 및 저장 (CCUS) 시장 규모는 예측 기간 동안 CAGR 24.0%로 성장해 2023년 31억 달러에서 2030년까지 129억 달러로 성장할 것으로 예상됩니다.
increasing efforts by the govenrments across the globe to reduce their carbon footprint in order to keep the climate change under control, they are announcing several policy and regulation changes that encourages industries to actively involve in implementing CCUS technology.
“storage is the second largest service type of carbon Capture, utilization, and storage market”
The final stage of the carbon capture, utilization, and storage process is storage. After the captured CO2 is transported to the storage site, it needs to be stored in absorbent geological formations, typically located thousands of meters under the Earth’s surface. Long-term storage must be achieved with minimal losses during transport and zero leakage during storage. There are multiple large-scale carbon capture, utilization, and storage projects across the globe that are involved in the permanent storage of captured CO2, such as Illinois Industrial CCS (US), Quest (Canada), Gorgon CCS (Australia), and Snohvit CO2 Storage Project (Norway). The storage is mainly done in two ways—geological storage and deep ocean storage. Geological storage dominates the storage service market
“Chemical Looping is the fastest-growing technology adopted in carbon Capture, utilization, and storage market”
In CCUS, chemical looping comes as a game-changer, providing a more effective and clean method of absorbing troublesome carbon dioxide. It uses “oxygen carriers,” which are metal oxides that move with fuel in one reactor to release pure CO2 and then react with air in another to recharge for the next cycle, in place of bulky scrubbers. This technology eliminates the energy loss of conventional capture technologies and produces a nearly pure CO2 stream that is ready for storage or use. Although chemical looping is still in the early stages of development, investors are taking note of its potential for lower costs and cleaner atmosphere.
“Chemicals & petrochemicals to be the second largest industry in carbon Capture, utilization, and storage market”
Chemical production plants are heavily engaged in the adoption and integration of carbon capture, utilization, and storage in the production process, which helps in creating a greener environment. The major reason behind the adoption of carbon capture, utilization, and storage is the high emission of CO2 in ammonia production, which is captured and used in the production of urea fertilizers. This makes fertilizer plants self-sufficient in managing their carbon needs and emissions.
Fertilizer production facilities of various companies, such as Coffeyville Gasification Plant (US), ENID fertilizer(US), and Alcoa Kwinana Corporation (Australia), are using carbon capture, utilization, and storage in their production processes.
“North America to be the dominating region in carbon Capture, utilization, and storage market in terms of both value and volume.”
The North American market is segmented into the US, Canada, and Mexico. The carbon capture, utilization, and storage market in North America is expected to be driven by rising environmental concerns in the region. One of the major reasons behind this technology adoption is the substantially expanded 45Q tax credit, which offers substantial financial incentives for storing and capturing carbon dioxide. Promising developments are occurring even though the regulatory environment is still fragmented and the EPA, DOE, and state-level regulations all play distinct roles. for instance, ExxonMobil announced a USD 100 billion CCUS project in Louisiana. In a similar way Chevron intends to extract 8 million tons of natural gas annually from Appalachia through a USD 8 billion CCUS project.
This study has been validated through primary interviews conducted with various industry experts globally. These primary sources have been divided into the following three categories:
By Company Type- Tier 1- 37%, Tier 2- 33%, and Tier 3- 30%
By Designation- C Level- 50%, Director Level- 20%, and Others- 30%
By Region- North America- 32%, Europe- 28%, Asia Pacific (APAC) – 21%, Middle East & Africa (MEA)-12%, South America-7%,
The report provides a comprehensive analysis of company profiles :
Royal Dutch Shell Plc (Netherlands), Fluor Corporation (US), Mitsubishi Heavy Industries, Ltd. (Japan), Exxon Mobil Corporation (US), and Linde Plc (UK), JGC Holdings (Japan), Schlumberger Ltd (US), Aker Solutions (Norway), Honeywell International (US), Equinor ASA (Norway).
Research Coverage
This report covers the global carbon Capture, utilization, and storage market and forecasts the market size until 2030. It includes the following market segmentation – by Service (Capture, Transportation, Utilization, Storage), by Technology (Chemical Looping, Solvents & Sorbent, Membranes, Others), by End-Use Industry ( Oil & Gas, Power Generation, Chemicals & Petrochemicals, Cement, Iron & Steel, and Others), and Region (North America, Europe, Asia Pacific, Middle East & Africa, South America). Porter’s Five Forces Analysis, along with the drivers, restraints, opportunities, and challenges, have been discussed in the report. It also provides company profiles and competitive strategies adopted by the major players in the global carbon Capture, utilization, and storage market.
Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall carbon capture, utilization and storage market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
• Analysis of key drivers (Increasing demand for CO2-EOR techniques, rising environmental awareness to reduce carbon footprints), restraints (High cost of carbon capture and storage, Concerns on safety of storage sites), opportunities (Continuous R&D activities to develop newer capture technologies, Increasing adoption in Asia Pacific region, Announcement of large capacity hydrogen projects), and challenges (Higher CO2 capture costs, High CAPEX for deployment of CCUS) influencing the growth of the carbon capture, utilization and storage market
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the carbon capture, utilization and storage market
• Market Development: Comprehensive information about lucrative markets – the report analyses the carbon capture, utilization and storage market across varied regions.
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the carbon capture, utilization and storage market
• Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like Royal Dutch Shell (Netherlands), Fluor Corporation (US), Mitsubishi Heavy Industries, Ltd. (Japan), Exxon Mobil Corporation (US), and Linde Plc (UK), JGC Holdings (Japan), Schlumberger Ltd (US), Aker Solutions (Norway), Honeywell International (US), Equinor ASA (Norway), among others in the carbon capture, utilization and storage market.
Table of Contents
1 INTRODUCTION 28
1.1 STUDY OBJECTIVES 28
1.2 MARKET DEFINITION 28
1.2.1 INCLUSIONS AND EXCLUSIONS 28
1.3 STUDY SCOPE 29
FIGURE 1 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SEGMENTATION 29
1.3.1 REGIONS COVERED 29
1.3.2 YEARS CONSIDERED 30
1.4 CURRENCY CONSIDERED 30
1.5 UNIT CONSIDERED 30
1.6 LIMITATIONS 30
1.7 STAKEHOLDERS 31
1.8 SUMMARY OF CHANGES 31
2 RESEARCH METHODOLOGY 32
2.1 RESEARCH DATA 32
FIGURE 2 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET: RESEARCH DESIGN 32
2.2 BASE NUMBER CALCULATION 33
2.2.1 MARKET SIZE ESTIMATION 33
2.2.2 MARKET SIZE CALCULATION, BY END-USE INDUSTRY 34
2.3 FORECAST NUMBER CALCULATION 34
2.3.1 SECONDARY DATA 35
2.3.1.1 Key data from secondary sources 35
2.3.2 PRIMARY DATA 36
2.3.2.1 Key data from primary sources 36
2.3.2.2 Primary interviews – Top players in carbon capture, utilization, and storage market 36
2.3.2.3 Breakdown of primary interviews 37
2.3.2.4 Key industry insights 37
2.4 MARKET SIZE ESTIMATION 38
2.4.1 BOTTOM-UP APPROACH 38
FIGURE 3 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET: BOTTOM-UP APPROACH 38
2.4.2 TOP-DOWN APPROACH 39
FIGURE 4 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET: TOP-DOWN APPROACH 39
2.5 DATA TRIANGULATION 39
FIGURE 5 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET: DATA TRIANGULATION 40
2.6 FACTOR ANALYSIS 41
2.7 RESEARCH ASSUMPTIONS 41
2.8 MARKET GROWTH RATE ASSUMPTIONS/GROWTH FORECAST 42
2.9 RESEARCH LIMITATIONS 42
2.10 RISKS ASSOCIATED WITH CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET 42
3 EXECUTIVE SUMMARY 43
FIGURE 6 CAPTURE SERVICE DOMINATED CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET IN 2023 43
FIGURE 7 OIL & GAS LARGEST END-USE INDUSTRY IN CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET IN 2023 44
FIGURE 8 CHEMICAL LOOPING DOMINATED CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET IN 2023 44
FIGURE 9 NORWAY TO BE FASTEST-GROWING REGION IN CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET DURING FORECAST PERIOD 45
FIGURE 10 NORTH AMERICA LED CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET IN 2023 46
4 PREMIUM INSIGHTS 47
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET 47
FIGURE 11 HIGH DEMAND FROM END-USE INDUSTRIES TO DRIVE CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET 47
4.2 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE 47
FIGURE 12 CAPTURE SERVICE DOMINATED OVERALL MARKET IN 2023 47
4.3 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY 48
FIGURE 13 OIL & GAS END-USE INDUSTRY DOMINATED CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET IN 2023 48
4.4 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY TECHNOLOGY 48
FIGURE 14 CHEMICAL LOOPING TECHNOLOGY SEGMENT DOMINATED CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET 48
4.5 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY KEY COUNTRY 49
FIGURE 15 MARKET IN CHINA TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 49
5 MARKET OVERVIEW 50
5.1 INTRODUCTION 50
5.2 MARKET DYNAMICS 51
FIGURE 16 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET 51
5.2.1 DRIVERS 51
5.2.1.1 Growing focus on reducing CO2 emissions 51
TABLE 1 EMISSION REDUCTION TARGETS OF MAJOR COUNTRIES 52
5.2.1.2 Increasing demand for C02-EOR techniques 52
5.2.1.3 Rising environmental awareness to increase natural gas demand 52
5.2.2 RESTRAINTS 53
5.2.2.1 High cost of carbon capture and storage 53
5.2.2.2 Safety concerns at storage sites 53
5.2.3 OPPORTUNITIES 53
5.2.3.1 Continuous investments in developing innovative capturing technologies 53
5.2.3.2 Large number of upcoming projects in Asia Pacific 54
5.2.3.3 Announcement of large capacity hydrogen projects 54
TABLE 2 ANNOUNCED HYDROGEN PROJECTS 54
5.2.4 CHALLENGES 55
5.2.4.1 Reducing CO2 capturing costs 55
5.2.4.2 High initial investments 55
5.3 PORTER’S FIVE FORCES ANALYSIS 56
FIGURE 17 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET: PORTER’S FIVE FORCES ANALYSIS 56
5.3.1 BARGAINING POWER OF SUPPLIERS 56
5.3.2 BARGAINING POWER OF BUYERS 57
5.3.3 THREAT OF SUBSTITUTES 57
5.3.4 THREAT OF NEW ENTRANTS 57
5.3.5 INTENSITY OF COMPETITIVE RIVALRY 57
TABLE 3 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET: PORTER’S FIVE FORCES ANALYSIS 58
5.4 SUPPLY CHAIN ANALYSIS 58
TABLE 4 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET: COMPANIES AND THEIR ROLE IN ECOSYSTEM 58
5.5 PRICING ANALYSIS 59
5.5.1 AVERAGE SELLING PRICE, BY END-USE INDUSTRY (KEY PLAYERS) 59
FIGURE 18 AVERAGE SELLING PRICE BY KEY PLAYERS FOR TOP THREE END-USE INDUSTRIES (USD/KG) 59
TABLE 5 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY END-USE INDUSTRY (USD/KG) 59
5.6 AVERAGE SELLING PRICE, BY END-USE INDUSTRY 60
FIGURE 19 AVERAGE SELLING PRICE BASED ON END-USE INDUSTRY (USD/KG) 60
5.7 AVERAGE SELLING PRICE, BY REGION 60
TABLE 6 CARBON CAPTURE, UTILIZATION, AND STORAGE: AVERAGE SELLING PRICE, BY REGION 60
5.8 KEY STAKEHOLDERS AND BUYING CRITERIA 61
5.8.1 KEY STAKEHOLDERS IN BUYING PROCESS 61
FIGURE 20 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END-USE INDUSTRIES 61
TABLE 7 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END-USE INDUSTRIES 61
5.8.2 BUYING CRITERIA 62
FIGURE 21 KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES 62
TABLE 8 KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES 62
5.9 TECHNOLOGY ANALYSIS 62
5.10 ECOSYSTEM MAPPING 63
FIGURE 22 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET: ECOSYSTEM 63
5.11 VALUE CHAIN ANALYSIS 64
FIGURE 23 VALUE CHAIN ANALYSIS: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET 64
5.12 CASE STUDY ANALYSIS 64
5.13 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS 65
FIGURE 24 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS 65
5.14 KEY MARKETS FOR IMPORT/EXPORT 66
5.14.1 US 66
5.14.2 CHINA 66
5.14.3 SAUDI ARABIA 66
5.14.4 NORWAY 66
5.14.5 AUSTRALIA 66
5.15 REGULATORY LANDSCAPE 67
5.15.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 67
TABLE 9 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 67
TABLE 10 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 68
TABLE 11 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 68
TABLE 12 REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 69
5.15.2 STANDARDS IN CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET 69
TABLE 13 CURRENT STANDARD CODES FOR CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET 69
5.16 KEY CONFERENCES AND EVENTS 70
TABLE 14 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKETS: KEY CONFERENCES AND EVENTS, 2023–2024 70
5.17 PATENT ANALYSIS 71
5.17.1 INTRODUCTION 71
5.17.2 METHODOLOGY 71
5.17.3 DOCUMENT TYPES 71
TABLE 15 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET: GLOBAL PATENT COUNT 71
FIGURE 25 GLOBAL PATENT ANALYSIS, BY DOCUMENT TYPE 72
FIGURE 26 GLOBAL PATENT PUBLICATION TREND, 2013–2023 72
5.17.4 INSIGHTS 72
5.17.5 LEGAL STATUS 72
FIGURE 27 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET: LEGAL STATUS OF PATENTS 73
5.17.6 JURISDICTION ANALYSIS 73
FIGURE 28 GLOBAL JURISDICTION ANALYSIS 73
5.17.7 TOP APPLICANTS 74
FIGURE 29 ALSTOM TECHNOLOGY LTD TO REGISTER HIGHEST PATENT COUNT 74
5.17.8 PATENTS BY ALSTOM TECHNOLOGY LTD. 74
5.17.9 PATENTS BY EXXONMOBIL RES & ENG CO 75
5.17.10 PATENTS BY LANZATECH, NZ, INC 75
5.17.11 TOP 10 PATENT OWNERS (US) IN LAST 10 YEARS 75
6 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE 76
6.1 INTRODUCTION 77
FIGURE 30 CAPTURE SERVICE TO DOMINATE CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET DURING FORECAST PERIOD 77
TABLE 16 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (KILOTON) 77
TABLE 17 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (KILOTON) 78
TABLE 18 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (USD MILLION) 78
TABLE 19 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (USD MILLION) 78
6.2 CAPTURE 79
FIGURE 31 NORTH AMERICA TO BE BIGGEST MARKET FOR CARBON CAPTURE SERVICE DURING FORECAST PERIOD 79
TABLE 20 CARBON CAPTURE MARKET, BY REGION, 2019–2023 (KILOTON) 79
TABLE 21 CARBON CAPTURE MARKET, BY REGION, 2024–2030 (KILOTON) 80
TABLE 22 CARBON CAPTURE MARKET, BY REGION, 2019–2023 (USD MILLION) 80
TABLE 23 CARBON CAPTURE MARKET, BY REGION, 2024–2030 (USD MILLION) 80
6.2.1 CAPTURE, BY TECHNOLOGY 81
FIGURE 32 POST-COMBUSTION CAPTURE TECHNOLOGY TO LEAD MARKET BETWEEN 2024 AND 2030 81
TABLE 24 CARBON CAPTURE SERVICE MARKET, BY TECHNOLOGY, 2019–2023 (KILOTON) 81
TABLE 25 CARBON CAPTURE SERVICE MARKET, BY TECHNOLOGY, 2024–2030 (KILOTON) 82
TABLE 26 CARBON CAPTURE SERVICE MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION) 82
TABLE 27 CARBON CAPTURE SERVICE MARKET, BY TECHNOLOGY, 2024–2030 (USD MILLION) 82
6.2.1.1 Post-combustion 83
6.2.1.1.1 Offers high CO2 capture efficiency of 99% 83
6.2.1.2 Oxy-fuel 83
6.2.1.2.1 Simplified CO2 capture compared with conventional processes 83
6.2.1.3 Pre-combustion 84
6.2.1.3.1 Eliminates CO2 from gas stream before dilution with air or oxygen 84
6.2.1.4 Bio-energy CCS (BECCS) 84
6.2.1.4.1 Use of biomass to store carbon offers stability of more than 1,000 years 84
6.2.1.5 Direct Air Capture 84
6.2.1.5.1 Need for negative emission technology to promote development of DAC technology 84
6.3 TRANSPORTATION 85
6.3.1 PIPELINE TO BE MOST PREFERRED MODE OF CO2 TRANSPORTATION 85
FIGURE 33 ASIA PACIFIC TO BE FASTEST-GROWING MARKET FOR TRANSPORTATION SERVICE 85
TABLE 28 TRANSPORTATION SERVICE MARKET, BY REGION, 2019–2023 (KILOTON) 86
TABLE 29 TRANSPORTATION SERVICE MARKET, BY REGION, 2024–2030 (KILOTON) 86
TABLE 30 TRANSPORTATION SERVICE MARKET, BY REGION, 2019–2023 (USD MILLION) 86
TABLE 31 TRANSPORTATION SERVICE MARKET, BY REGION, 2024–2030 (USD MILLION) 87
6.4 UTILIZATION 87
6.4.1 EOR USING CO2 FROM CAPTURE PROCESSES TO INCREASE CO2 UTILIZATION 87
FIGURE 34 EUROPE TO BE LARGEST MARKET FOR UTILIZATION SERVICES DURING FORECAST PERIOD 88
TABLE 32 UTILIZATION SERVICE MARKET, BY REGION, 2019–2023 (KILOTON) 88
TABLE 33 UTILIZATION SERVICE MARKET, BY REGION, 2024–2030 (KILOTON) 88
TABLE 34 UTILIZATION SERVICE MARKET, BY REGION, 2019–2023 (USD MILLION) 89
TABLE 35 UTILIZATION SERVICE MARKET, BY REGION, 2024–2030 (USD MILLION) 89
6.5 STORAGE 89
6.5.1 GEOLOGICAL STORAGE TO BE MOST PREFERRED METHOD OF CO2 STORAGE 89
FIGURE 35 NORTH AMERICA TO BE FASTEST-GROWING MARKET FOR STORAGE SERVICE 90
TABLE 36 STORAGE SERVICE MARKET, BY REGION, 2019–2023 (KILOTON) 90
TABLE 37 STORAGE SERVICE MARKET, BY REGION, 2024–2030 (KILOTON) 90
TABLE 38 STORAGE SERVICE MARKET, BY REGION, 2019–2023 (USD MILLION) 91
TABLE 39 STORAGE SERVICE MARKET, BY REGION, 2024–2030 (USD MILLION) 91
6.5.2 STORAGE SERVICE, BY TECHNOLOGY 92
FIGURE 36 GEOLOGICAL STORAGE TO DOMINATE STORAGE SERVICE MARKET DURING FORECAST PERIOD 92
TABLE 40 CARBON STORAGE SERVICE MARKET, BY TECHNOLOGY, 2019–2023 (KILOTON) 92
TABLE 41 CARBON STORAGE SERVICE MARKET, BY TECHNOLOGY, 2024–2030 (KILOTON) 92
TABLE 42 CARBON STORAGE SERVICE MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION) 93
TABLE 43 CARBON STORAGE SERVICE MARKET, BY TECHNOLOGY, 2024–2030 (USD MILLION) 93
6.5.3 GEOLOGICAL STORAGE 93
6.5.3.1 Oil & Gas Reservoirs 93
6.5.3.1.1 Most efficient storage type 93
6.5.3.2 Unmineable Coal Beds 94
6.5.3.2.1 Further research required to optimize process 94
6.5.3.3 Saline Aquifers 94
6.5.3.3.1 Less knowledge about saline aquifers’ features compared to other storage types 94
6.5.4 DEEP OCEAN STORAGE 94
6.5.4.1 Not preferred over geological storage due to associated environmental risks 94
7 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY 95
7.1 INTRODUCTION 96
FIGURE 37 OIL & GAS INDUSTRY TO DOMINATE CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET DURING FORECAST PERIOD 96
TABLE 44 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2019–2023 (KILOTON) 97
TABLE 45 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2024–2030 (KILOTON) 97
TABLE 46 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2019–2023 (USD MILLION) 97
TABLE 47 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2024–2030 (USD MILLION) 98
7.2 OIL & GAS 98
7.2.1 CO2 MOSTLY EXTRACTED FROM NATURAL GAS PLANTS 98
FIGURE 38 ASIA PACIFIC TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD 99
TABLE 48 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET IN OIL & GAS, BY REGION, 2019–2023 (KILOTON) 99
TABLE 49 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET IN OIL & GAS, BY REGION, 2024–2030 (KILOTON) 99
TABLE 50 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET IN OIL & GAS, BY REGION, 2019–2023 (USD MILLION) 100
TABLE 51 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET IN OIL & GAS, BY REGION, 2024–2030 (USD MILLION) 100
7.3 POWER GENERATION 100
7.3.1 FOSSIL FUEL POWER PLANTS SIGNIFICANTLY CONTRIBUTE TO MARKET GROWTH 100
FIGURE 39 ASIA PACIFIC TO WITNESS HIGHEST GROWTH DURING FORECAST PERIOD 101
TABLE 52 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET IN POWER GENERATION, BY REGION, 2019–2023 (KILOTON) 101
TABLE 53 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET IN POWER GENERATION, BY REGION, 2024–2030 (KILOTON) 102
TABLE 54 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET IN POWER GENERATION, BY REGION, 2019–2023 (USD MILLION) 102
TABLE 55 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET IN POWER GENERATION, BY REGION, 2024–2030 (USD MILLION) 102
7.4 CHEMICAL & PETROCHEMICAL 103
7.4.1 AMMONIA PRODUCTION PLANTS CONTRIBUTE SIGNIFICANTLY TO MARKET 103
FIGURE 40 NORTH AMERICA TO LEAD MARKET DURING FORECAST PERIOD 103
TABLE 56 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET IN CHEMICAL & PETROCHEMICAL, BY REGION, 2019–2023 (KILOTON) 103
TABLE 57 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET IN CHEMICAL & PETROCHEMICAL, BY REGION, 2024–2030 (KILOTON) 104
TABLE 58 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET IN CHEMICAL & PETROCHEMICAL, BY REGION, 2019–2023 (USD MILLION) 104
TABLE 59 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET IN CHEMICAL & PETROCHEMICAL, BY REGION, 2024–2030 (USD MILLION) 104
7.5 CEMENT 105
7.5.1 GOVERNMENT REGULATIONS FORCING CEMENT INDUSTRY TO ADOPT CARBON CAPTURE TECHNOLOGY 105
FIGURE 41 EUROPE TO WITNESS SECOND FASTEST GROWTH DURING FORECAST PERIOD 105
TABLE 60 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET IN CEMENT, BY REGION, 2019–2023 (KILOTON) 105
TABLE 61 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET IN CEMENT, BY REGION, 2024–2030 (KILOTON) 106
TABLE 62 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET IN CEMENT, BY REGION, 2019–2023 (USD MILLION) 106
TABLE 63 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET IN CEMENT, BY REGION, 2024–2030 (USD MILLION) 106
7.6 IRON & STEEL 107
7.6.1 STEEL INDUSTRY ACCOUNTS FOR LARGE SHARE OF ANTHROPOGENIC CO2 EMISSIONS 107
FIGURE 42 EUROPE TO BE LARGEST MARKET DURING FORECAST PERIOD 107
TABLE 64 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET IN IRON & STEEL, BY REGION, 2019–2023 (KILOTON) 107
TABLE 65 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET IN IRON & STEEL, BY REGION, 2024–2030 (KILOTON) 108
TABLE 66 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET IN IRON & STEEL, BY REGION, 2019–2023 (USD MILLION) 108
TABLE 67 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET IN IRON & STEEL, BY REGION, 2024–2030 (USD MILLION) 108
7.7 OTHER END-USE INDUSTRIES 109
FIGURE 43 NORTH AMERICA TO LEAD MARKET DURING FORECAST PERIOD 109
TABLE 68 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET IN OTHER INDUSTRIES, BY REGION, 2019–2023 (KILOTON) 109
TABLE 69 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET IN OTHER INDUSTRIES, BY REGION, 2024–2030 (KILOTON) 110
TABLE 70 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET IN OTHER INDUSTRIES, BY REGION, 2019–2023 (USD MILLION) 110
TABLE 71 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET IN OTHER INDUSTRIES, BY REGION, 2024–2030 (USD MILLION) 110
8 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY TECHNOLOGY 111
8.1 INTRODUCTION 112
FIGURE 44 CHEMICAL LOOPING TO DOMINATE CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET 112
TABLE 72 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY TECHNOLOGY, 2019–2023 (KILOTON) 112
TABLE 73 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY TECHNOLOGY, 2024–2030 (KILOTON) 113
TABLE 74 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION) 113
TABLE 75 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY TECHNOLOGY, 2024–2030 (USD MILLION) 113
8.2 CHEMICAL LOOPING 114
8.2.1 ASIA PACIFIC TO BE FASTEST-GROWING MARKET FOR CHEMICAL LOOPING 114
FIGURE 45 EUROPE TO LEAD MARKET FOR CHEMICAL LOOPING TECHNOLOGY 114
TABLE 76 CHEMICAL LOOPING TECHNOLOGY MARKET, BY REGION, 2019–2023 (KILOTON) 114
TABLE 77 CHEMICAL LOOPING TECHNOLOGY MARKET, BY REGION, 2024–2030 (KILOTON) 115
TABLE 78 CHEMICAL LOOPING TECHNOLOGY MARKET, BY REGION, 2019–2023 (USD MILLION) 115
TABLE 79 CHEMICAL LOOPING TECHNOLOGY MARKET, BY REGION, 2024–2030 (USD MILLION) 115
8.3 SOLVENTS & SORBENTS 116
8.3.1 NORTH AMERICA TO LEAD GLOBAL MARKET 116
FIGURE 46 ASIA PACIFIC TO BE FASTEST-GROWING MARKET FOR SOLVENTS & SORBENTS TECHNOLOGY 116
TABLE 80 SOLVENTS & SORBENTS TECHNOLOGY MARKET, BY REGION, 2019–2023 (KILOTON) 117
TABLE 81 SOLVENTS & SORBENTS TECHNOLOGY MARKET, BY REGION, 2024–2030 (KILOTON) 117
TABLE 82 SOLVENTS & SORBENTS TECHNOLOGY MARKET, BY REGION, 2019–2023 (USD MILLION) 117
TABLE 83 SOLVENTS & SORBENTS TECHNOLOGY MARKET, BY REGION, 2024–2030 (USD MILLION) 118
8.4 MEMBRANES 118
8.4.1 HIGHLY EFFICIENT CARBON CAPTURE TECHNOLOGY 118
FIGURE 47 ASIA PACIFIC TO WITNESS HIGHEST GROWTH DURING FORECAST PERIOD 119
TABLE 84 MEMBRANES TECHNOLOGY MARKET, BY REGION, 2019–2023 (KILOTON) 119
TABLE 85 MEMBRANES TECHNOLOGY MARKET, BY REGION, 2024–2030 (KILOTON) 119
TABLE 86 MEMBRANES TECHNOLOGY MARKET, BY REGION, 2019–2023 (USD MILLION) 120
TABLE 87 MEMBRANES TECHNOLOGY MARKET, BY REGION, 2024–2030 (USD MILLION) 120
8.5 OTHER TECHNOLOGIES 120
FIGURE 48 NORTH AMERICA TO LEAD OTHER TECHNOLOGIES MARKET DURING FORECAST PERIOD 121
TABLE 88 OTHER TECHNOLOGIES MARKET, BY REGION, 2019–2023 (KILOTON) 121
TABLE 89 OTHER TECHNOLOGIES MARKET, BY REGION, 2024–2030 (KILOTON) 121
TABLE 90 OTHER TECHNOLOGIES MARKET, BY REGION, 2019–2023 (USD MILLION) 122
TABLE 91 OTHER TECHNOLOGIES MARKET, BY REGION, 2024–2030 (USD MILLION) 122
9 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY REGION 123
9.1 INTRODUCTION 124
FIGURE 49 CHINA TO REGISTER HIGHEST GROWTH BETWEEN 2024 AND 2030 124
TABLE 92 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY REGION, 2019–2023 (KILOTON) 124
TABLE 93 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY REGION, 2024–2030 (KILOTON) 125
TABLE 94 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY REGION, 2019–2023 (USD MILLION) 125
TABLE 95 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY REGION, 2024–2030 (USD MILLION) 125
9.2 NORTH AMERICA 126
9.2.1 NORTH AMERICA: IMPACT OF RECESSION 126
FIGURE 50 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SNAPSHOT 127
9.2.2 NORTH AMERICA CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE 127
TABLE 96 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (KILOTON) 127
TABLE 97 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (KILOTON) 128
TABLE 98 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (USD MILLION) 128
TABLE 99 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (USD MILLION) 128
9.2.3 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY 129
TABLE 100 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2019–2023 (KILOTON) 129
TABLE 101 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2024–2030 (KILOTON) 129
TABLE 102 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2019–2023 (USD MILLION) 129
TABLE 103 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2024–2030 (USD MILLION) 130
9.2.4 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY TECHNOLOGY 130
TABLE 104 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY TECHNOLOGY, 2019–2023 (KILOTON) 130
TABLE 105 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY TECHNOLOGY, 2024–2030 (KILOTON) 130
TABLE 106 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION) 131
TABLE 107 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY TECHNOLOGY, 2024–2030 (USD MILLION) 131
9.2.5 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY COUNTRY 131
TABLE 108 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY COUNTRY, 2019–2023 (KILOTON) 131
TABLE 109 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY COUNTRY, 2024–2030 (KILOTON) 132
TABLE 110 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY COUNTRY, 2019–2023 (USD MILLION) 132
TABLE 111 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY COUNTRY, 2024–2030 (USD MILLION) 132
9.2.5.1 US 133
9.2.5.1.1 Government support for implementation of CCUS to drive market 133
TABLE 112 US: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (KILOTON) 133
TABLE 113 US: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (KILOTON) 134
TABLE 114 US: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (USD MILLION) 134
TABLE 115 US: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (USD MILLION) 134
9.2.5.2 Canada 135
9.2.5.2.1 Carbon storage projects to drive CCUS market 135
TABLE 116 CANADA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (KILOTON) 135
TABLE 117 CANADA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (KILOTON) 135
TABLE 118 CANADA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (USD MILLION) 136
TABLE 119 CANADA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (USD MILLION) 136
9.2.5.3 Mexico 136
9.2.5.3.1 Need for transportation of carbon to offshore storage facilities to drive market 136
TABLE 120 MEXICO: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (KILOTON) 137
TABLE 121 MEXICO: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (KILOTON) 137
TABLE 122 MEXICO: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (USD MILLION) 137
TABLE 123 MEXICO: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (USD MILLION) 138
9.3 EUROPE 138
9.3.1 RECESSION IMPACT 139
FIGURE 51 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SNAPSHOT 139
9.3.2 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE 140
TABLE 124 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (KILOTON) 140
TABLE 125 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (KILOTON) 140
TABLE 126 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (USD MILLION) 140
TABLE 127 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (USD MILLION) 141
9.3.3 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY 141
TABLE 128 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2019–2023 (KILOTON) 141
TABLE 129 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2024–2030 (KILOTON) 142
TABLE 130 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2019–2023 (USD MILLION) 142
TABLE 131 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2024–2030 (USD MILLION) 142
9.3.4 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY TECHNOLOGY 143
TABLE 132 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY TECHNOLOGY, 2019–2023 (KILOTON) 143
TABLE 133 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY TECHNOLOGY, 2024–2030 (KILOTON) 143
TABLE 134 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION) 143
TABLE 135 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY TECHNOLOGY, 2024–2030 (USD MILLION) 144
9.3.5 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY COUNTRY 144
TABLE 136 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY COUNTRY, 2019–2023 (KILOTON) 144
TABLE 137 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY COUNTRY, 2024–2030 (KILOTON) 145
TABLE 138 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY COUNTRY, 2019–2023 (USD MILLION) 145
TABLE 139 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY COUNTRY, 2024–2030 (USD MILLION) 145
9.3.5.1 Norway 146
9.3.5.1.1 Increase in natural gas demand for power generation to drive market 146
TABLE 140 NORWAY: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (KILOTON) 146
TABLE 141 NORWAY: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (KILOTON) 146
TABLE 142 NORWAY: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (USD MILLION) 147
TABLE 143 NORWAY: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (USD MILLION) 147
9.3.5.2 UK 147
9.3.5.2.1 New regulations announced by government to boost CCUS market growth 147
TABLE 144 UK: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (KILOTON) 148
TABLE 145 UK: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (KILOTON) 148
TABLE 146 UK: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (USD MILLION) 149
TABLE 147 UK: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (USD MILLION) 149
9.3.5.3 France 149
9.3.5.3.1 Announcement of new projects to boost market 149
TABLE 148 FRANCE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (KILOTON) 150
TABLE 149 FRANCE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (KILOTON) 150
TABLE 150 FRANCE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (USD MILLION) 150
TABLE 151 FRANCE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (USD MILLION) 151
9.3.5.4 Netherlands 151
9.3.5.4.1 Transportation segment to grow fast owing to CATO-2 project in Netherlands 151
TABLE 152 NETHERLANDS: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (KILOTON) 151
TABLE 153 NETHERLANDS: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (KILOTON) 152
TABLE 154 NETHERLANDS: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (USD MILLION) 152
TABLE 155 NETHERLANDS: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (USD MILLION) 152
9.3.5.5 Italy 153
9.3.5.5.1 Capture segment dominates overall market 153
TABLE 156 ITALY: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (KILOTON) 153
TABLE 157 ITALY: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (KILOTON) 153
TABLE 158 ITALY: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (USD MILLION) 153
TABLE 159 ITALY: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (USD MILLION) 154
9.3.5.6 Rest of Europe 154
TABLE 160 REST OF EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (KILOTON) 154
TABLE 161 REST OF EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (KILOTON) 155
TABLE 162 REST OF EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (USD MILLION) 155
TABLE 163 REST OF EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (USD MILLION) 155
9.4 ASIA PACIFIC 156
9.4.1 RECESSION IMPACT 156
FIGURE 52 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SNAPSHOT 157
9.4.2 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE 157
TABLE 164 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (KILOTON) 157
TABLE 165 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (KILOTON) 158
TABLE 166 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (USD MILLION) 158
TABLE 167 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (USD MILLION) 158
9.4.3 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY 159
TABLE 168 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2019–2023 (KILOTON) 159
TABLE 169 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2024–2030 (KILOTON) 159
TABLE 170 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2019–2023 (USD MILLION) 159
TABLE 171 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2024–2030 (USD MILLION) 160
9.4.4 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY TECHNOLOGY 160
TABLE 172 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY TECHNOLOGY, 2019–2023 (KILOTON) 160
TABLE 173 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY TECHNOLOGY, 2024–2030 (KILOTON) 161
TABLE 174 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION) 161
TABLE 175 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY TECHNOLOGY, 2024–2030 (USD MILLION) 161
9.4.5 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY COUNTRY 162
TABLE 176 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY COUNTRY, 2019–2023 (KILOTON) 162
TABLE 177 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY COUNTRY, 2024–2030 (KILOTON) 162
TABLE 178 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY COUNTRY, 2019–2023 (USD MILLION) 162
TABLE 179 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY COUNTRY, 2024–2030 (USD MILLION) 163
9.4.5.1 Australia 163
9.4.5.1.1 Transportation segment to witness high growth 163
TABLE 180 AUSTRALIA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (KILOTON) 164
TABLE 181 AUSTRALIA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (KILOTON) 164
TABLE 182 AUSTRALIA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (USD MILLION) 164
TABLE 183 AUSTRALIA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (USD MILLION) 165
9.4.5.2 China 165
9.4.5.2.1 Collaboration of Chinese government with various companies and organizations to drive market 165
TABLE 184 CHINA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (KILOTON) 166
TABLE 185 CHINA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (KILOTON) 166
TABLE 186 CHINA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (USD MILLION) 166
TABLE 187 CHINA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (USD MILLION) 167
9.4.5.3 India 167
9.4.5.3.1 Industrialization and emission regulations to drive market 167
TABLE 188 INDIA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (KILOTON) 167
TABLE 189 INDIA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (KILOTON) 168
TABLE 190 INDIA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (USD MILLION) 168
TABLE 191 INDIA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (USD MILLION) 168
9.4.5.4 Japan 169
9.4.5.4.1 Availability of major technology providers and strong industrial base to support market growth 169
TABLE 192 JAPAN: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (KILOTON) 169
TABLE 193 JAPAN: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (KILOTON) 169
TABLE 194 JAPAN: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (USD MILLION) 170
TABLE 195 JAPAN: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (USD MILLION) 170
9.4.5.5 Rest of Asia Pacific 170
TABLE 196 REST OF ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (KILOTON) 170
TABLE 197 REST OF ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (KILOTON) 171
TABLE 198 REST OF ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (USD MILLION) 171
TABLE 199 REST OF ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (USD MILLION) 171
9.5 MIDDLE EAST & AFRICA 172
9.5.1 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE 172
TABLE 200 MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (KILOTON) 172
TABLE 201 MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (KILOTON) 172
TABLE 202 MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (USD MILLION) 173
TABLE 203 MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (USD MILLION) 173
9.5.2 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY 173
TABLE 204 MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2019–2023 (KILOTON) 173
TABLE 205 MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2024–2030 (KILOTON) 174
TABLE 206 MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2019–2023 (USD MILLION) 174
TABLE 207 MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2024–2030 (USD MILLION) 174
9.5.3 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY TECHNOLOGY 175
TABLE 208 MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY TECHNOLOGY, 2019–2023 (KILOTON) 175
TABLE 209 MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY TECHNOLOGY, 2024–2030 (KILOTON) 175
TABLE 210 MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION) 175
TABLE 211 MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY TECHNOLOGY, 2024–2030 (USD MILLION) 176
9.5.4 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY COUNTRY 176
TABLE 212 MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY COUNTRY, 2019–2023 (KILOTON) 176
TABLE 213 MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY COUNTRY, 2024–2030 (KILOTON) 176
TABLE 214 MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY COUNTRY, 2019–2023 (USD MILLION) 177
TABLE 215 MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY COUNTRY, 2024–2030 (USD MILLION) 177
9.5.4.1 UAE 177
9.5.4.1.1 Carbon utilization for EOR to drive market 177
TABLE 216 UAE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (KILOTON) 178
TABLE 217 UAE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (KILOTON) 178
TABLE 218 UAE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (USD MILLION) 178
TABLE 219 UAE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (USD MILLION) 179
9.5.4.2 Saudi Arabia 179
9.5.4.2.1 Utilization of carbon for EOR applications to drive market 179
TABLE 220 SAUDI ARABIA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (KILOTON) 180
TABLE 221 SAUDI ARABIA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (KILOTON) 180
TABLE 222 SAUDI ARABIA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (USD MILLION) 180
TABLE 223 SAUDI ARABIA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (USD MILLION) 181
9.5.4.3 Rest of GCC Countries 181
9.5.4.3.1 Presence of large oil & gas fields to boost adoption of CCUS technology 181
TABLE 224 REST OF GCC COUNTRIES: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (KILOTON) 181
TABLE 225 REST OF GCC COUNTRIES: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (KILOTON) 181
TABLE 226 REST OF GCC COUNTRIES: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (USD MILLION) 182
TABLE 227 REST OF GCC COUNTRIES: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (USD MILLION) 182
9.5.4.4 Rest of Middle East & Africa 182
TABLE 228 REST OF MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (KILOTON) 183
TABLE 229 REST OF MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (KILOTON) 183
TABLE 230 REST OF MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (USD MILLION) 183
TABLE 231 REST OF MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (USD MILLION) 184
9.6 SOUTH AMERICA 184
9.6.1 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE 184
TABLE 232 SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (KILOTON) 184
TABLE 233 SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (KILOTON) 185
TABLE 234 SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (USD MILLION) 185
TABLE 235 SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (USD MILLION) 185
9.6.2 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY 186
TABLE 236 SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2019–2023 (KILOTON) 186
TABLE 237 SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2024–2030 (KILOTON) 186
TABLE 238 SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2019–2023 (USD MILLION) 187
TABLE 239 SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2024–2030 (USD MILLION) 187
9.6.3 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY TECHNOLOGY 188
TABLE 240 SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY TECHNOLOGY, 2019–2023 (KILOTON) 188
TABLE 241 SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY TECHNOLOGY, 2024–2030 (KILOTON) 188
TABLE 242 SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION) 188
TABLE 243 SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY TECHNOLOGY, 2024–2030 (USD MILLION) 189
9.6.4 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY COUNTRY 189
TABLE 244 SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY COUNTRY, 2019–2023 (KILOTON) 189
TABLE 245 SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY COUNTRY, 2024–2030 (KILOTON) 189
TABLE 246 SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY COUNTRY, 2019–2023 (USD MILLION) 190
TABLE 247 SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY COUNTRY, 2024–2030 (USD MILLION) 190
9.6.4.1 Brazil 190
9.6.4.1.1 Transportation to be fastest-growing segment in overall market 190
TABLE 248 BRAZIL: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (KILOTON) 191
TABLE 249 BRAZIL: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (KILOTON) 191
TABLE 250 BRAZIL: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (USD MILLION) 191
TABLE 251 BRAZIL: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (USD MILLION) 192
9.6.4.2 Argentina 192
9.6.4.2.1 Capture segment to dominate overall market during forecast period 192
TABLE 252 ARGENTINA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (KILOTON) 192
TABLE 253 ARGENTINA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (KILOTON) 192
TABLE 254 ARGENTINA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (USD MILLION) 193
TABLE 255 ARGENTINA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (USD MILLION) 193
9.6.4.3 Chile 193
9.6.4.3.1 Utilization of captured carbon in chemical and other industries to drive market 193
TABLE 256 CHILE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (KILOTON) 193
TABLE 257 CHILE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (KILOTON) 194
TABLE 258 CHILE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (USD MILLION) 194
TABLE 259 CHILE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (USD MILLION) 194
9.6.4.4 Rest of South America 195
TABLE 260 REST OF SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (KILOTON) 195
TABLE 261 REST OF SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (KILOTON) 195
TABLE 262 REST OF SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2019–2023 (USD MILLION) 195
TABLE 263 REST OF SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2024–2030 (USD MILLION) 196
10 COMPETITIVE LANDSCAPE 197
10.1 KEY PLAYER STRATEGIES/RIGHT TO WIN 197
TABLE 264 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS 197
10.2 REVENUE ANALYSIS 198
FIGURE 53 REVENUE OF TOP 5 COMPANIES IN LAST 5 YEARS 198
10.3 MARKET SHARE ANALYSIS 199
FIGURE 54 SHARES OF TOP COMPANIES IN CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET 199
TABLE 265 DEGREE OF COMPETITION: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET 200
10.4 COMPANY EVALUATION MATRIX 200
10.4.1 STARS 200
10.4.2 EMERGING LEADERS 201
10.4.3 PERVASIVE PLAYERS 201
10.4.4 PARTICIPANTS 201
FIGURE 55 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET: COMPETITIVE LEADERSHIP MAPPING, 2023 202
10.4.5 COMPANY FOOTPRINT 203
TABLE 266 COMPANY PRODUCT FOOTPRINT 203
TABLE 267 COMPANY END-USE INDUSTRY FOOTPRINT 204
TABLE 268 COMPANY REGION FOOTPRINT 205
10.5 START-UP/SME EVALUATION MATRIX 206
10.5.1 PROGRESSIVE COMPANIES 206
10.5.2 RESPONSIVE COMPANIES 206
10.5.3 DYNAMIC COMPANIES 206
10.5.4 STARTING BLOCKS 206
FIGURE 56 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET: START-UP/SME EVALUATION MATRIX, 2023 207
10.5.5 COMPETITIVE BENCHMARKING 208
TABLE 269 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET: KEY START-UPS/SMES 208
TABLE 270 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES 209
10.6 COMPETITIVE SCENARIO AND TRENDS 210
TABLE 271 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET: DEALS, 2018–2023 210
TABLE 272 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET: OTHER DEVELOPMENTS, 2018–2023 211
11 COMPANY PROFILES 217
(Business overview, Products/Solutions/Services offered, Recent developments & MnM View)*
11.1 KEY COMPANIES 217
11.1.1 FLUOR CORPORATION 217
TABLE 273 FLUOR CORPORATION: COMPANY OVERVIEW 217
FIGURE 57 FLUOR CORPORATION: COMPANY SNAPSHOT 218
TABLE 274 FLUOR CORPORATION: DEALS 219
TABLE 275 FLUOR CORPORATION: OTHER DEVELOPMENTS 219
11.1.2 EXXONMOBIL CORPORATION 220
TABLE 276 EXXONMOBIL CORPORATION: COMPANY OVERVIEW 220
FIGURE 58 EXXONMOBIL CORPORATION: COMPANY SNAPSHOT 220
TABLE 277 EXXONMOBIL CORPORATION: DEALS 221
TABLE 278 EXXONMOBIL CORPORATION: OTHER DEVELOPMENTS 222
11.1.3 LINDE PLC 224
TABLE 279 LINDE PLC: COMPANY OVERVIEW 224
FIGURE 59 LINDE PLC: COMPANY SNAPSHOT 225
TABLE 280 LINDE PLC: OTHER DEVELOPMENTS 226
11.1.4 ROYAL DUTCH SHELL PLC 228
TABLE 281 ROYAL DUTCH SHELL PLC: COMPANY OVERVIEW 228
FIGURE 60 ROYAL DUTCH SHELL PLC: COMPANY SNAPSHOT 229
TABLE 282 ROYAL DUTCH SHELL PLC: OTHER DEVELOPMENTS 230
11.1.5 MITSUBISHI HEAVY INDUSTRIES, LTD. 231
TABLE 283 MITSUBISHI HEAVY INDUSTRIES, LTD.: COMPANY OVERVIEW 231
FIGURE 61 MITSUBISHI HEAVY INDUSTRIES, LTD.: COMPANY SNAPSHOT 231
TABLE 284 MITSUBISHI HEAVY INDUSTRIES, LTD.: DEALS 232
11.1.6 JGC HOLDINGS CORPORATION 234
TABLE 285 JGC HOLDINGS CORPORATION: COMPANY OVERVIEW 234
FIGURE 62 JGC HOLDINGS CORPORATION: COMPANY SNAPSHOT 234
11.1.7 SCHLUMBERGER LIMITED 236
TABLE 286 SCHLUMBERGER LIMITED: COMPANY OVERVIEW 236
FIGURE 63 SCHLUMBERGER LIMITED: COMPANY SNAPSHOT 237
TABLE 287 SCHLUMBERGER LIMITED: OTHER DEVELOPMENTS 237
11.1.8 AKER SOLUTIONS 239
TABLE 288 AKER SOLUTIONS: COMPANY OVERVIEW 239
FIGURE 64 AKER SOLUTIONS: COMPANY SNAPSHOT 240
TABLE 289 AKER SOLUTIONS: DEALS 240
TABLE 290 AKER SOLUTIONS: OTHER DEVELOPMENTS 241
11.1.9 HONEYWELL INTERNATIONAL 243
TABLE 291 HONEYWELL INTERNATIONAL: COMPANY OVERVIEW 243
FIGURE 65 HONEYWELL INTERNATIONAL: COMPANY SNAPSHOT 244
11.1.10 EQUINOR ASA 246
TABLE 292 EQUINOR ASA: COMPANY OVERVIEW 246
FIGURE 66 EQUINOR ASA: COMPANY SNAPSHOT 247
TABLE 293 EQUINOR ASA: OTHER DEVELOPMENTS 248
11.1.11 TOTALENERGIES SE 249
TABLE 294 TOTALENERGIES SE: COMPANY OVERVIEW 249
FIGURE 67 TOTALENERGIES SE: COMPANY SNAPSHOT 249
TABLE 295 TOTALENERGIES SE: DEALS 250
TABLE 296 TOTALENERGIES SE: OTHER DEVELOPMENTS 250
11.1.12 HITACHI, LTD. 252
TABLE 297 HITACHI, LTD.: COMPANY OVERVIEW 252
FIGURE 68 HITACHI, LTD.: COMPANY SNAPSHOT 252
11.1.13 SIEMENS AG 254
TABLE 298 SIEMENS AG: COMPANY OVERVIEW 254
FIGURE 69 SIEMENS AG: COMPANY SNAPSHOT 254
11.1.14 GENERAL ELECTRIC 256
TABLE 299 GENERAL ELECTRIC: COMPANY OVERVIEW 256
FIGURE 70 GENERAL ELECTRIC: COMPANY SNAPSHOT 257
11.1.15 HALLIBURTON 259
TABLE 300 HALLIBURTON: COMPANY OVERVIEW 259
FIGURE 71 HALLIBURTON: COMPANY SNAPSHOT 259
*Details on Business overview, Products/Solutions/Services offered, Recent developments & MnM View might not be captured in case of unlisted companies.
11.2 OTHER KEY MARKET PLAYERS 261
11.2.1 CLIMEWORKS AG 261
11.2.2 C-CAPTURE LTD. 261
11.2.3 TANDEM TECHNICAL 261
11.2.4 CARBICRETE 261
11.2.5 CARBON CLEAN 261
11.2.6 GREEN MINERALS 262
11.2.7 NEWLIGHT TECHNOLOGIES, INC. 262
11.2.8 CARBONFREE CHEMICALS 262
11.2.9 CARBON ENGINEERING, LTD. 262
11.2.10 ELECTROCHAEA GMBH 262
12 APPENDIX 263
12.1 DISCUSSION GUIDE 263
12.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 266
12.3 CUSTOMIZATION OPTIONS 268
12.4 RELATED REPORTS 268
12.5 AUTHOR DETAILS 269