Carbon Capture, Utilization, and Storage Market – Global Forecast To 2030
탄소 포집, 활용 및 저장(CCUS) 시장 – 서비스(포획, 활용, 저장, 운송), 기술(화학 루핑, 용매 및 흡착제, 멤브레인), 최종 사용 산업(석유 및 가스, 발전, 화학 및 석유화학, 시멘트, 철강) 및 지역 – 2030년까지의 세계 예측
Carbon Capture, Utilization, and Storage Market by Service (Capture, Utilization, Storage, Transportation), Technology (Chemical Looping, Solvents & Sorbents, Membranes), End-use Industry (Oil & Gas, Power Generation, Chemical & Petrochemical, Cement, Iron & Steel), and Region – Global Forecast to 2030
| 조사회사 | MarketsandMarkets |
| 출판년월 | 2025년9월 |
| 페이지 수 | 318 |
| 도표 수 | 414 |
| 라이센스 | Single User License |
| 가격 | USD 4,950 |
| 구성 | 영문조사보고서 |
본 연구 보고서는 탄소 포집, 활용 및 저장(CCUS) 시장을 서비스(포집, 활용, 저장, 운송), 기술(화학 루핑, 용매 및 흡착제, 멤브레인, 기타), 최종 사용 산업(석유 및 가스, 발전, 화학 및 석유화학, 시멘트, 철강, 기타 최종 사용 산업), 그리고 지역(북미, 유럽, 아시아 태평양, 중동 및 아프리카, 남미)별로 분류합니다. 보고서의 범위에는 CCUS 시장 성장에 영향을 미치는 주요 요인(동인, 제약, 과제, 기회 등)에 대한 자세한 정보가 포함됩니다. 주요 업계 참여자에 대한 심층 분석을 통해 사업 개요, 솔루션 및 서비스, 주요 전략, 그리고 탄소 포집, 활용 및 저장(CCUS) 시장의 최근 동향에 대한 통찰력을 제공합니다. 또한, CCUS 시장 생태계에서 유망한 스타트업에 대한 경쟁 분석도 포함되어 있습니다.
이 보고서는 시장 선도 기업/신규 진입 기업들에게 탄소 포집, 활용 및 저장(CCUS) 시장 전체 및 하위 세그먼트의 매출 수치에 대한 가장 근사치 정보를 제공하는 데 도움이 될 것입니다. 이 보고서는 이해관계자들이 경쟁 환경을 이해하고, 사업의 입지를 강화하고 적절한 시장 진출 전략을 수립하는 데 필요한 통찰력을 얻는 데 도움이 될 것입니다. 또한, 이해관계자들이 시장의 흐름을 파악하고 주요 시장 동인, 제약, 과제, 그리고 기회에 대한 정보를 제공하는 데에도 도움이 될 것입니다.
탄소 포집, 활용 및 저장(CCUS) 시장은 2025년에 58억 2천만 달러로 추산되며, 2030년까지 연평균 성장률 25.0%로 177억 5천만 달러에 이를 것으로 예상됩니다. 포집 서비스는 CO₂ 포집이 가치 사슬에서 가장 어렵고 자본 집약적이며 필수적인 단계이기 때문에 CCUS 시장에서 가장 큰 점유율을 차지합니다. 가치 사슬은 활용 또는 저장 활동으로 이어지는 모든 곳의 주요 관문입니다. 가장 비용이 많이 드는 부문인 이 수요 형성에는 연소 후, 연소 전, 산소 연료와 같은 특수 시스템과 기술에 대한 막대한 투자가 필요하며 기존 산업 공정과의 통합은 말할 것도 없습니다. 이것이 포집 서비스 자체가 CCUS 부문에서 가장 높은 수익을 창출하는 방식이며, 포집이 없기 때문에 CCUS의 후속 단계를 시작할 수 없습니다. 따라서 배출 목표, 규정을 충족하고 저탄소 라벨을 획득하려는 발전, 시멘트, 철강, 화학과 같은 산업에서 수요가 발생합니다.
The carbon capture, utilization, and storage (CCUS) market is estimated at USD 5.82 billion in 2025 and is projected to reach USD 17.75 billion by 2030, at a CAGR of 25.0%. Capture services account for the largest share of the CCUS market since capturing CO₂ is the most challenging, capital-intensive, and essential step in the value chain, the primary gateway anywhere that leads to utilization or storage activity. This demand formulation, being the costliest segment, requires heavy investments in specialized systems and technologies, such as post-combustion, pre-combustion, and oxy-fuel, not to mention its integration into existing industrial processes. That is how capture services themselves generate the highest revenues for the CCUS sectors, and since there is no capture, the subsequent stages in CCUS cannot commence; therefore, demand is generated by such industries as power generation, cement, steel, and chemicals seeking to meet emissions targets, regulations, and attain low-carbon labels.
“Chemical loop is projected to be the fastest-growing form during the forecast period.”
Chemical looping is the fastest growing technology that, through the improved energy efficiency and low operation cost in comparison to conventional capture processes, utilizes metal oxides to shuttle oxygen for fuel combustion and thus inherently separates CO₂ without using solvent regeneration, which is very expensive. This is the reason why the technologies maintain a lower energy penalty; allow the integration of various fuels (such as coal, natural gas, and biomass); and are even enticing in cases where they can co-produce some of the valuable outputs like hydrogen for both power and industrial applications. The propensity for dramatic growth witnessed in R&D and pilot-to-commercial scale demonstrations, as well as its ability to meet stringent decarbonization goals, catalyzes its global adoption.
“The power generation segment is projected to register the second-highest growth rate during the forecast period.”
The power generation segment is the second fastest-growing end-use sector in the CCUS market due to coal and gas-fired plants being large global CO₂ sources and best candidates for retrofitting with capture equipment to comply with tightening climate policies and net-zero targets. Several governments provide significant incentives, tax credits, and funding schemes for decarbonizing electricity generation, whereas utilities are making investments in CCUS to keep existing assets viable and facilitate low-carbon baseload power together with renewables. Moreover, large-scale utilization of CCUS within power facilities delivers instantaneous, high-level emission cuts, promoting quick uptake compared to slower-developing industrial sources.
“Europe is projected to register the second-highest growth rate in the CCUS market during the forecast period.”
Europe is anticipated to record the second-highest CAGR within the CCUS market by virtue of its aggressive climate policies, such as the EU Green Deal and legally binding 2050 net-zero targets, which are urging massive deployment of carbon capture initiatives in the power, cement, steel, and chemical sectors. The area is favored by robust state support, carbon pricing in the EU Emissions Trading System, and cooperative cross-border projects such as the Northern Lights and Porthos ventures that combine capture, transport, and storage facilities. Europe’s established industrial base, supportive regulatory landscape, and low-carbon innovation focus provide a fertile breeding ground for explosive CCUS expansion.
This study has been validated through primary interviews with industry experts globally. The primary sources have been divided into the following three categories:
- By Company Type: Tier 1 – 40%; Tier 2 – 33%; and Tier 3 – 27%
- By Designation: C-level – 50%; Director-level – 30%; and Managers – 20%
- By Region: North America – 15%; Europe – 50%; Asia Pacific – 20%; the Middle East & Africa – 10%; and Latin America – 5%
The report provides a comprehensive analysis of the following companies:
Prominent companies in this market include Fluor Corporation (US), Exxon Mobil Corporation (US), Linde plc (UK), Shell Plc. (UK), Mitsubishi Heavy Industries, Ltd. (Japan), JGC Holdings Corporation (Japan), Schlumberger Limited (US), Aker Solutions (Norway), Honeywell International (US), Equinor ASA (Norway), TotalEnergies SE (France), Hitachi Ltd (Japan), Siemens AG (Germany), GE Vernova (US), and Halliburton (US).
Research Coverage
This research report categorizes the CCUS market by service (capture, utilization, storage, transportation), technology (chemical looping, solvents & sorbents, membranes, others), end-use industry (oil & gas, power generation, chemical & petrochemical, cement, iron & steel, other end-use industries), and region (North America, Europe, Asia Pacific, the Middle East & Africa, and South America). The scope of the report includes detailed information about the major factors influencing the growth of the CCUS market, such as drivers, restraints, challenges, and opportunities. A thorough examination of the key industry players has been conducted to provide insights into their business overview, solutions and services, key strategies, and recent developments in the CCUS market. This report includes a competitive analysis of upcoming startups in the CCUS market ecosystem.
Reasons to buy this report
The report will help market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall CCUS market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses 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 (growing focus on CO2 emissions, increasing demand for CO2 in EOR techniques), restraints (high cost of carbon capture and sequestration), opportunities (large number of upcoming projects in Asia Pacific), and challenges (high initial investments) are influencing the growth of the CCUS market.
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and product launches in the CCUS market.
- Market Development: Comprehensive information about lucrative markets–the report analyses the CCUS market across varied regions.
- Market Diversification: Exhaustive information about services, untapped geographies, recent developments, and investments in the CCUS market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players like Fluor Corporation (US), Exxon Mobil Corporation (US), Linde plc (UK), Shell plc (UK), Mitsubishi Heavy Industries, Ltd. (Japan), JGC Holdings Corporation (Japan), Schlumberger Limited (US), Aker Solutions (Norway), Honeywell International (US), Equinor ASA (Norway), TotalEnergies SE (France), Hitachi Ltd (Japan), Siemens AG (Germany), GE Vernova (US), and Halliburton (US).
Table of Contents
1 INTRODUCTION 29
1.1 STUDY OBJECTIVES 29
1.2 MARKET DEFINITION 29
1.3 STUDY SCOPE 30
1.3.1 MARKETS COVERED AND REGIONS CONSIDERED 30
1.3.2 INCLUSIONS AND EXCLUSIONS 31
1.3.3 YEARS CONSIDERED 32
1.3.4 CURRENCY CONSIDERED 32
1.3.5 UNITS CONSIDERED 32
1.4 STAKEHOLDERS 32
1.5 SUMMARY OF CHANGES 33
2 RESEARCH METHODOLOGY 34
2.1 RESEARCH DATA 34
2.1.1 SECONDARY DATA 35
2.1.1.1 Key data from secondary sources 35
2.1.2 PRIMARY DATA 36
2.1.2.1 Key data from primary sources 36
2.1.2.2 Interviews with top service providers 36
2.1.2.3 Breakdown of primary interviews with experts 37
2.1.2.4 Key industry insights 37
2.2 BASE NUMBER CALCULATION 38
2.2.1 APPROACH 1: SUPPLY-SIDE APPROACH 38
2.2.2 APPROACH 2: DEMAND-SIDE APPROACH 39
2.3 GROWTH FORECAST 39
2.3.1 SUPPLY SIDE 39
2.3.2 DEMAND SIDE 39
2.4 MARKET SIZE ESTIMATION 40
2.4.1 BOTTOM-UP APPROACH 40
2.4.2 TOP-DOWN APPROACH 40
2.5 DATA TRIANGULATION 41
2.6 FACTOR ANALYSIS 42
2.7 RESEARCH ASSUMPTIONS 43
2.8 LIMITATIONS 43
3 EXECUTIVE SUMMARY 44
4 PREMIUM INSIGHTS 47
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN CARBON CAPTURE, UTILIZATION,
AND STORAGE MARKET 47
4.2 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET BY END-USE INDUSTRY
AND REGION 48
4.3 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE 49
4.4 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY TECHNOLOGY 49
4.5 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY 50
4.6 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY COUNTRY 50
5 MARKET OVERVIEW 51
5.1 INTRODUCTION 51
5.2 MARKET DYNAMICS 52
5.2.1 DRIVERS 52
5.2.1.1 Growing focus on reducing CO2 emissions 52
5.2.1.2 Increasing demand for CO2 in EOR techniques 53
5.2.1.3 Rising environmental awareness to increase natural gas demand 53
5.2.2 RESTRAINTS 54
5.2.2.1 High cost of carbon capture and storage 54
5.2.2.2 Safety concerns at storage sites 54
5.2.3 OPPORTUNITIES 54
5.2.3.1 Continuous investments in developing innovative capturing technologies 54
5.2.3.2 Large number of upcoming projects in APAC 55
5.2.3.3 Announcement of large-capacity hydrogen projects 55
5.2.4 CHALLENGES 56
5.2.4.1 Reducing CO2 capturing costs 56
5.2.4.2 Transparency & credibility risks: measurement errors, greenwashing, and lobbying 56
5.3 PORTER’S FIVE FORCES ANALYSIS 57
5.3.1 BARGAINING POWER OF SUPPLIERS 58
5.3.2 BARGAINING POWER OF BUYERS 58
5.3.3 THREAT OF SUBSTITUTES 58
5.3.4 THREAT OF NEW ENTRANTS 58
5.3.5 INTENSITY OF COMPETITIVE RIVALRY 58
5.4 KEY STAKEHOLDERS AND BUYING CRITERIA 59
5.4.1 KEY STAKEHOLDERS IN BUYING PROCESS 59
5.4.2 BUYING CRITERIA 60
5.5 ECOSYSTEM ANALYSIS 61
5.6 PRICING ANALYSIS 62
5.6.1 AVERAGE SELLING PRICE, BY KEY PLAYER 62
5.6.2 AVERAGE SELLING PRICE TREND, BY REGION 63
5.7 VALUE CHAIN ANALYSIS 64
5.8 TECHNOLOGY ANALYSIS 65
5.8.1 KEY TECHNOLOGIES 65
5.8.1.1 Direct Capture Technologies 65
5.8.1.1.1 Post-combustion Capture 65
5.8.1.1.2 Pre-combustion Capture 65
5.8.1.1.3 Oxy-fuel Combustion 65
5.8.1.1.4 Direct Air Capture 65
5.8.1.2 Transport Technologies 66
5.8.1.2.1 Pipeline 66
5.8.1.2.2 Ship-based 66
5.8.1.3 Utilization Technologies 66
5.8.1.3.1 Direct Utilization 66
5.8.1.3.2 Mineralization 66
5.8.2 COMPLEMENTARY TECHNOLOGIES 66
5.8.2.1 Gas Separation & Purification 66
5.8.2.2 Liquefaction & Phase Change Technologies 66
5.9 IMPACT OF AI/GEN AI ON CCUS MARKET 67
5.9.1 TOP USE CASES AND MARKET POTENTIAL 67
5.9.2 CASE STUDIES OF AI IMPLEMENTATION IN CCUS MARKET 67
5.10 MACROECONOMIC OUTLOOK 68
5.10.1 INTRODUCTION 68
5.10.2 GDP TRENDS AND FORECAST 68
5.10.3 TRENDS IN GLOBAL OIL & GAS INDUSTRY 69
5.11 PATENT ANALYSIS 70
5.11.1 INTRODUCTION 70
5.11.2 METHODOLOGY 70
5.11.3 PATENT TYPES 70
5.11.4 INSIGHTS 71
5.11.5 LEGAL STATUS 71
5.11.6 JURISDICTION ANALYSIS 72
5.11.7 TOP APPLICANTS 73
5.12 REGULATORY LANDSCAPE 75
5.12.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 75
5.12.2 STANDARDS IN CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET 77
5.13 KEY CONFERENCES AND EVENTS, 2025–2026 78
5.14 CASE STUDY ANALYSIS 79
5.14.1 CASE STUDY 1: SHELL QUEST CCS PROJECT 79
5.14.2 CASE STUDY 2: PETRA NOVA CARBON CAPTURE PROJECT 79
5.14.3 CASE STUDY 3: MITSUBISHI HEAVY INDUSTRIES PARTNERED WITH HEIDELBERG MATERIALS TO INTRODUCE CO₂ CAPTURE TECHNOLOGIES IN CEMENT SECTOR 80
5.15 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 81
5.16 INVESTMENT AND FUNDING SCENARIO 82
5.17 IMPACT OF 2025 US TARIFFS—CARBON, CAPTURE, UTILIZATION, AND STORAGE MARKET 82
5.17.1 INTRODUCTION 82
5.17.2 KEY TARIFF RATES 83
5.17.3 PRICE IMPACT ANALYSIS 84
5.17.4 IMPACT ON COUNTRIES/REGIONS 85
5.17.4.1 US 85
5.17.4.2 Europe 85
5.17.4.3 Asia Pacific 87
5.17.5 IMPACT ON END-USE INDUSTRIES 89
6 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE 90
6.1 INTRODUCTION 91
6.2 CAPTURE 93
6.2.1 CARBON CAPTURE TECHNOLOGIES 95
6.2.1.1 Post-combustion 97
6.2.1.1.1 Post-combustion offers high CO₂ capture efficiency of 99% 97
6.2.1.2 Oxy-fuel 97
6.2.1.2.1 Simplified CO₂ capture compared with conventional processes 97
6.2.1.3 Pre-combustion 98
6.2.1.3.1 Eliminates CO₂ from gas stream before dilution with air or oxygen 98
6.2.1.4 Bio-energy CCS (BECCS) 98
6.2.1.4.1 Use of biomass to store carbon offers stability of more than 1,000 years 98
6.2.1.5 Direct Air Capture 98
6.2.1.5.1 Need for negative emission technology to promote development of DAC technology 98
6.3 TRANSPORTATION 99
6.3.1 PIPELINE TO BE MOST PREFERRED MODE OF CO₂ TRANSPORTATION 99
6.4 UTILIZATION 101
6.4.1 EOR USING CO₂ FROM CAPTURE PROCESSES TO INCREASE CO₂ UTILIZATION 101
6.5 STORAGE 103
6.5.1 GEOLOGICAL STORAGE TO BE MOST PREFERRED METHOD OF CO₂ STORAGE 103
6.5.2 STORAGE SERVICES, BY TECHNOLOGY 105
6.5.3 GEOLOGICAL STORAGE 106
6.5.3.1 Oil & gas reservoirs 106
6.5.3.1.1 Oil & gas reservoirs offer most efficient storage 106
6.5.3.2 Unmineable coal beds 106
6.5.3.2.1 Further research required to optimize storage in coal beds 106
6.5.3.3 Saline aquifers 107
6.5.3.3.1 Less knowledge about saline aquifers’ features compared to other storage types 107
6.5.4 DEEP OCEAN STORAGE 107
6.5.4.1 Low preference over geological storage due to associated environmental risks 107
7 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY TECHNOLOGY 108
7.1 INTRODUCTION 109
7.2 CHEMICAL LOOPING 111
7.2.1 COST-EFFECTIVENESS TO DRIVE ADOPTION OF CHEMICAL LOOPING 111
7.3 SOLVENTS & SORBENTS 112
7.3.1 HIGH CAPTURE RATE TO DRIVE DEMAND 112
7.4 MEMBRANES 114
7.4.1 HIGHLY EFFICIENT CARBON CAPTURE TECHNOLOGY 114
7.5 OTHER TECHNOLOGIES 116
8 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY END-USE INDUSTRY 118
8.1 INTRODUCTION 119
8.2 OIL & GAS 121
8.2.1 CO2 MOSTLY EXTRACTED FROM NATURAL GAS PLANTS 121
8.3 POWER GENERATION 123
8.3.1 FOSSIL FUEL POWER PLANTS SIGNIFICANTLY CONTRIBUTE TO MARKET GROWTH 123
8.4 CHEMICAL & PETROCHEMICAL 124
8.4.1 AMMONIA PRODUCTION PLANTS CONTRIBUTE SIGNIFICANTLY TO MARKET 124
8.5 CEMENT 126
8.5.1 GOVERNMENT REGULATIONS FORCING CEMENT INDUSTRY TO ADOPT CARBON CAPTURE TECHNOLOGY 126
8.6 IRON & STEEL 128
8.6.1 STEEL INDUSTRY ACCOUNTS FOR LARGE SHARE OF ANTHROPOGENIC CO2 EMISSIONS 128
8.7 OTHER END-USE INDUSTRIES 129
9 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY REGION 132
9.1 INTRODUCTION 133
9.2 NORTH AMERICA 135
9.2.1 US 142
9.2.1.1 Government support for implementation of CCUS to drive market 142
9.2.2 CANADA 144
9.2.2.1 Carbon storage projects to drive CCUS market 144
9.2.3 MEXICO 146
9.2.3.1 Need for transportation of carbon to offshore storage facilities to drive market 146
9.3 EUROPE 148
9.3.1 NORWAY 155
9.3.1.1 Increase in natural gas demand for power generation to drive market 155
9.3.2 UK 157
9.3.2.1 New regulations announced by government to boost CCUS market growth 157
9.3.3 FRANCE 159
9.3.3.1 Announcement of new projects to boost market 159
9.3.4 NETHERLANDS 160
9.3.4.1 Transportation segment to grow fast owing to CATO-2 project in Netherlands 160
9.3.5 ITALY 162
9.3.5.1 Government regulations to push market growth 162
9.3.6 REST OF EUROPE 164
9.4 ASIA PACIFIC 166
9.4.1 CHINA 172
9.4.1.1 Collaborations between Chinese government and companies and organizations to drive market 172
9.4.2 JAPAN 174
9.4.2.1 Availability of major technology providers and strong industrial base to support market growth 174
9.4.3 INDIA 176
9.4.3.1 Industrialization and emission regulations to drive market 176
9.4.4 AUSTRALIA 177
9.4.4.1 Transportation segment to witness high growth 177
9.4.5 REST OF ASIA PACIFIC 179
9.5 MIDDLE EAST & AFRICA 181
9.5.1 GCC COUNTRIES 187
9.5.1.1 UAE 187
9.5.1.1.1 Carbon utilization for EOR to drive market 187
9.5.1.2 Saudi Arabia 189
9.5.1.2.1 Growing number of CCUS projects to drive market 189
9.5.1.3 Rest of GCC Countries 191
9.5.2 REST OF MIDDLE EAST & AFRICA 193
9.6 SOUTH AMERICA 195
9.6.1 BRAZIL 200
9.6.1.1 Government initiatives to drive the market 200
9.6.2 ARGENTINA 202
9.6.2.1 Growing hydrocarbon sector to drive the market 202
9.6.3 REST OF SOUTH AMERICA 204
10 COMPETITIVE LANDSCAPE 206
10.1 OVERVIEW 206
10.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 206
10.3 REVENUE ANALYSIS, 2020–2024 208
10.4 MARKET SHARE ANALYSIS, 2024 209
10.5 BRAND/PRODUCT COMPARATIVE ANALYSIS 212
10.6 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024 215
10.6.1 STARS 215
10.6.2 EMERGING LEADERS 215
10.6.3 PERVASIVE PLAYERS 215
10.6.4 PARTICIPANTS 215
10.6.5 COMPANY FOOTPRINT: KEY PLAYERS, 2024 217
10.7 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024 221
10.7.1 PROGRESSIVE COMPANIES 221
10.7.2 RESPONSIVE COMPANIES 221
10.7.3 DYNAMIC COMPANIES 221
10.7.4 STARTING BLOCKS 221
10.7.5 COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 223
10.7.5.1 Detailed list of key startups/SMEs 223
10.7.5.2 Competitive benchmarking of key startups/SMEs 224
10.8 VALUATION AND FINANCIAL METRICS 225
10.9 COMPETITIVE SCENARIO 226
10.9.1 DEALS 226
10.9.2 EXPANSIONS 234
11 COMPANY PROFILES 235
11.1 KEY PLAYERS 235
11.1.1 FLUOR CORPORATION 235
11.1.1.1 Business overview 235
11.1.1.2 Products offered 236
11.1.1.3 Recent developments 237
11.1.1.3.1 Deals 237
11.1.1.3.2 Other developments 237
11.1.1.4 MnM view 238
11.1.1.4.1 Right to win 238
11.1.1.4.2 Strategic choices 238
11.1.1.4.3 Weaknesses and competitive threats 238
11.1.2 EXXON MOBIL CORPORATION 239
11.1.2.1 Business overview 239
11.1.2.2 Products offered 240
11.1.2.3 Recent developments 241
11.1.2.3.1 Deals 241
11.1.2.3.2 Expansions 243
11.1.2.3.3 Other developments 243
11.1.2.4 MnM view 244
11.1.2.4.1 Right to win 244
11.1.2.4.2 Strategic choices 244
11.1.2.4.3 Weaknesses and competitive threats 244
11.1.3 SHELL PLC 245
11.1.3.1 Business overview 245
11.1.3.2 Products offered 246
11.1.3.3 Recent developments 247
11.1.3.3.1 Deals 247
11.1.3.4 MnM view 249
11.1.3.4.1 Right to win 249
11.1.3.4.2 Strategic choices 249
11.1.3.4.3 Weaknesses and competitive threats 249
11.1.4 EQUINOR ASA 250
11.1.4.1 Business overview 250
11.1.4.2 Products offered 251
11.1.4.3 Recent developments 251
11.1.4.3.1 Deals 251
11.1.4.3.2 Other developments 253
11.1.4.4 MnM view 253
11.1.4.4.1 Right to win 253
11.1.4.4.2 Strategic choices 254
11.1.4.4.3 Weaknesses and competitive threats 254
11.1.5 TOTALENERGIES SE 255
11.1.5.1 Business overview 255
11.1.5.2 Products offered 256
11.1.5.3 Recent developments 256
11.1.5.3.1 Deals 256
11.1.5.4 MnM view 258
11.1.5.4.1 Right to win 258
11.1.5.4.2 Strategic choices 258
11.1.5.4.3 Weaknesses and competitive threats 258
11.1.6 LINDE PLC 259
11.1.6.1 Business overview 259
11.1.6.2 Products offered 260
11.1.6.3 Recent developments 260
11.1.6.3.1 Deals 260
11.1.7 MITSUBISHI HEAVY INDUSTRIES, LTD. 261
11.1.7.1 Business overview 261
11.1.7.2 Products offered 262
11.1.7.3 Recent developments 262
11.1.7.3.1 Deals 262
11.1.7.3.2 Expansions 265
11.1.7.3.3 Other developments 266
11.1.8 JGC HOLDINGS CORPORATION 267
11.1.8.1 Business overview 267
11.1.8.2 Products offered 268
11.1.8.3 Recent developments 269
11.1.8.3.1 Deals 269
11.1.9 SCHLUMBERGER LIMITED 270
11.1.9.1 Business overview 270
11.1.9.2 Products offered 271
11.1.9.3 Recent developments 272
11.1.9.3.1 Deals 272
11.1.10 AKER SOLUTIONS 273
11.1.10.1 Business overview 273
11.1.10.2 Products offered 274
11.1.10.3 Recent developments 275
11.1.11 HONEYWELL INTERNATIONAL 277
11.1.11.1 Business overview 277
11.1.11.2 Products offered 278
11.1.11.3 Recent developments 279
11.1.11.3.1 Deals 279
11.1.12 HITACHI, LTD. 281
11.1.12.1 Business overview 281
11.1.12.2 Products offered 282
11.1.12.3 Recent developments 282
11.1.12.3.1 Deals 282
11.1.13 SIEMENS AG 283
11.1.13.1 Business overview 283
11.1.13.2 Products offered 284
11.1.14 GE VERNOVA 285
11.1.14.1 Business overview 285
11.1.14.2 Products offered 286
11.1.14.3 Recent developments 287
11.1.14.3.1 Deals 287
11.1.14.3.2 Other developments 288
11.1.15 HALLIBURTON 289
11.1.15.1 Business overview 289
11.1.15.2 Products offered 290
11.1.15.3 Recent developments 291
11.1.15.3.1 Deals 291
11.2 OTHER KEY MARKET PLAYERS 292
11.2.1 CLIMEWORKS AG 292
11.2.2 CARBON CLEAN SOLUTIONS 292
11.2.3 OCCIDENTAL 293
11.2.4 GREEN MINERALS 293
11.2.5 CARBICRETE 294
11.2.6 CARBONFREE 294
11.2.7 SVANTE TECHNOLOGIES INC. 295
11.2.8 GREEN POWER INTERNATIONAL PVT. LTD. 295
11.2.9 WOLF MIDSTREAM 296
11.2.10 BABCOCK & WILCOX 296
12 EMERGING TECHNOLOGIES 297
12.1 MICROBIAL ELECTROSYNTHESIS (MES) 297
12.1.1 INTRODUCTION 297
12.1.2 DETAILED DESCRIPTION 297
12.1.3 KEY COMPANIES/COUNTRIES/INSTITUTES RESEARCHING MES 298
12.1.3.1 List of companies/universities 298
12.1.3.2 Investment and funding scenario 298
12.1.3.2.1 LanzaTech 298
12.1.3.2.2 Electrochaea 299
12.1.4 MNM VIEW ON GROWTH POTENTIAL/FUTURE OUTLOOK 299
12.2 CO2 CAPTURE USING ADSORPTION TECHNIQUE (USING ZEOLITE AS ADSORBENT) 299
12.2.1 INTRODUCTION 299
12.2.2 DETAILED DESCRIPTION 299
12.2.2.1 Zeolite A for CO2 capture 300
12.2.2.1.1 Modification of zeolite A for improved CO2 capture 301
12.2.2.1.1.1 Amine modification 301
12.2.2.1.1.2 Pore size modification 301
12.2.3 KEY COMPANIES/COUNTRIES/INSTITUTES RESEARCHING 301
12.2.4 MNM VIEW ON GROWTH POTENTIAL/FUTURE OUTLOOK 302
12.3 OTHER EMERGING TECHNOLOGIES 302
12.3.1 VACUUM SWING ADSORPTION 302
12.3.1.1 Introduction 302
12.3.1.2 Detailed description 302
12.3.1.3 Key companies/countries/institutes involved in research 303
12.3.1.4 MnM view on growth potential/future outlook 303
12.3.2 UTILIZATION OF RESIDUAL HEAT FOR DIRECT AIR CAPTURE FOR RETROFIT 303
12.3.2.1 Introduction 303
12.3.2.2 Detailed description 303
12.3.2.3 Key companies/countries/institutes involved in research 304
12.3.2.4 MnM view on growth potential/future outlook 304
12.3.3 BIOHYBRID PHOTOCATALYST METHOD USING METAL-ORGANIC FRAMEWORK (MOF) 304
12.3.3.1 Introduction 304
12.3.3.2 Detailed description 304
12.3.3.2.1 Mechanism of biohybrid photocatalysis 305
12.3.3.2.2 Advantages of biohybrid photocatalysis 305
12.3.3.3 Key companies/countries/institutes involved in research 305
12.3.3.4 MnM view on growth potential/future outlook 306
12.3.4 PYROGENIC CARBON DIOXIDE CAPTURE AND STORAGE (PYCCS) 306
12.3.4.1 Introduction 306
12.3.4.2 Detailed description 306
12.3.4.3 Key companies/countries/institutes involved in research 307
12.3.4.4 MnM view on growth potential/future outlook 307
12.3.5 MICROBIAL CARBONIC ANHYDRASE 307
12.3.5.1 Introduction 307
12.3.5.2 Detailed description 307
12.3.5.3 Key companies/countries/institutes involved in research 308
12.3.5.4 MnM view on growth potential/future outlook 308
12.3.6 BLUE HYDROGEN PRODUCTION TECHNOLOGY 308
12.3.6.1 Introduction 308
12.3.6.2 Detailed description 308
12.3.6.3 Key companies/countries/institutes involved in research 309
12.3.6.4 MnM view on growth potential/future outlook 309
12.3.7 ELECTROCATALYTIC CO2 REDUCTION/ETHYLENE PRODUCTION 309
12.3.7.1 Introduction 309
12.3.7.2 Detailed description 309
12.3.7.3 MnM view on growth potential/future outlook 310
13 APPENDIX 311
13.1 DISCUSSION GUIDE 311
13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 314
13.3 CUSTOMIZATION OPTIONS 316
13.4 RELATED REPORTS 316
13.5 AUTHOR DETAILS 317
LIST OF TABLES
TABLE 1 EMISSION REDUCTION TARGETS OF MAJOR COUNTRIES 53
TABLE 2 ANNOUNCED HYDROGEN PROJECTS 55
TABLE 3 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET: PORTER’S FIVE FORCES ANALYSIS 57
TABLE 4 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END-USE INDUSTRY 59
TABLE 5 KEY BUYING CRITERIA, BY END-USE INDUSTRY 60
TABLE 6 CCUS MARKET: ROLE IN ECOSYSTEM 62
TABLE 7 AVERAGE SELLING PRICE OF CCUS SERVICES OFFERED BY KEY PLAYERS,
BY END-USE INDUSTRY, 2024 (USD/TON) 62
TABLE 8 AVERAGE SELLING PRICE TREND OF CARBON CAPTURE, BY REGION,
2021–2024 (USD/TON) 63
TABLE 9 TOP USE CASES AND MARKET POTENTIAL 67
TABLE 10 ACCELERATING CCUS EFFICIENCY WITH AI-POWERED SOLUTIONS 67
TABLE 11 GDP PERCENTAGE (%) CHANGE, BY KEY COUNTRY, 2021–2029 68
TABLE 12 CCUS MARKET: TOTAL NUMBER OF PATENTS 70
TABLE 13 LIST OF PATENTS BY TOSHIBA KK 73
TABLE 14 LIST OF PATENTS BY SAUDI ARABIAN OIL CO 74
TABLE 15 US: TOP 10 PATENT OWNERS IN LAST 10 YEARS 74
TABLE 16 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 75
TABLE 17 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 76
TABLE 18 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 76
TABLE 19 REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 77
TABLE 20 CURRENT STANDARD CODES FOR CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET 77
TABLE 21 CCUS MARKET: KEY CONFERENCES AND EVENTS, 2025–2026 78
TABLE 22 US-ADJUSTED RECIPROCAL TARIFF RATES 83
TABLE 23 EXPECTED CHANGE IN PRICES AND IMPACT ON END-USE MARKET DUE TO TARIFFS 84
TABLE 24 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE,
2020–2024 (KILOTONS) 91
TABLE 25 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE,
2025–2030 (KILOTONS) 92
TABLE 26 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE,
2020–2024 (USD MILLION) 92
TABLE 27 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE,
2025–2030 (USD MILLION) 92
TABLE 28 CARBON CAPTURE SERVICES MARKET, BY REGION, 2020–2024 (KILOTONS) 93
TABLE 29 CARBON CAPTURE SERVICES MARKET, BY REGION, 2025–2030 (KILOTONS) 94
TABLE 30 CARBON CAPTURE SERVICES MARKET, BY REGION, 2020–2024 (USD MILLION) 94
TABLE 31 CARBON CAPTURE SERVICES MARKET, BY REGION, 2025–2030 (USD MILLION) 94
TABLE 32 CARBON CAPTURE SERVICES MARKET, BY TECHNOLOGY, 2020–2024 (KILOTONS) 95
TABLE 33 CARBON CAPTURE SERVICES MARKET, BY TECHNOLOGY, 2025–2030 (KILOTONS) 96
TABLE 34 CARBON CAPTURE SERVICES MARKET, BY TECHNOLOGY,
2020–2024 (USD MILLION) 96
TABLE 35 CARBON CAPTURE SERVICES MARKET, BY TECHNOLOGY,
2025–2030 (USD MILLION) 96
TABLE 36 CARBON TRANSPORTATION SERVICES MARKET, BY REGION,
2020–2024 (KILOTONS) 99
TABLE 37 CARBON TRANSPORTATION SERVICES MARKET, BY REGION,
2025–2030 (KILOTONS) 100
TABLE 38 CARBON TRANSPORTATION SERVICES MARKET, BY REGION,
2020–2024 (USD MILLION) 100
TABLE 39 CARBON TRANSPORTATION SERVICES MARKET, BY REGION,
2025–2030 (USD MILLION) 100
TABLE 40 CARBON UTILIZATION SERVICES MARKET, BY REGION, 2020–2024 (KILOTONS) 101
TABLE 41 CARBON UTILIZATION SERVICES MARKET, BY REGION, 2025–2030 (KILOTONS) 102
TABLE 42 UTILIZATION SERVICES MARKET, BY REGION, 2020–2024 (USD MILLION) 102
TABLE 43 UTILIZATION SERVICES MARKET, BY REGION, 2025–2030 (USD MILLION) 102
TABLE 44 CARBON STORAGE SERVICES MARKET, BY REGION, 2020–2024 (KILOTONS) 103
TABLE 45 CARBON STORAGE SERVICES MARKET, BY REGION, 2025–2030 (KILOTONS) 104
TABLE 46 CARBON STORAGE SERVICES MARKET, BY REGION, 2020–2024 (USD MILLION) 104
TABLE 47 CARBON STORAGE SERVICES MARKET, BY REGION, 2025–2030 (USD MILLION) 104
TABLE 48 CARBON STORAGE SERVICES MARKET, BY TECHNOLOGY, 2020–2024 (KILOTONS) 105
TABLE 49 CARBON STORAGE SERVICES MARKET, BY TECHNOLOGY, 2025–2030 (KILOTONS) 105
TABLE 50 CARBON STORAGE SERVICES MARKET, BY TECHNOLOGY,
2020–2024 (USD MILLION) 105
TABLE 51 CARBON STORAGE SERVICES MARKET, BY TECHNOLOGY,
2025–2030 (USD MILLION) 106
TABLE 52 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY TECHNOLOGY, 2020–2024 (KILOTONS) 109
TABLE 53 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY TECHNOLOGY, 2025–2030 (KILOTONS) 110
TABLE 54 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY TECHNOLOGY, 2020–2024 (USD MILLION) 110
TABLE 55 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY TECHNOLOGY, 2025–2030 (USD MILLION) 110
TABLE 56 CHEMICAL LOOPING: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY REGION, 2020–2024 (KILOTONS) 111
TABLE 57 CHEMICAL LOOPING: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY REGION, 2025–2030 (KILOTONS) 111
TABLE 58 CHEMICAL LOOPING: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY REGION, 2020–2024 (USD MILLION) 112
TABLE 59 CHEMICAL LOOPING: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY REGION, 2025–2030 (USD MILLION) 112
TABLE 60 SOLVENTS & SORBENTS: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY REGION, 2020–2024 (KILOTONS) 113
TABLE 61 SOLVENTS & SORBENTS: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY REGION, 2025–2030 (KILOTONS) 113
TABLE 62 SOLVENTS & SORBENTS: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY REGION, 2020–2024 (USD MILLION) 113
TABLE 63 SOLVENTS & SORBENTS: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY REGION, 2025–2030 (USD MILLION) 114
TABLE 64 MEMBRANES: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY REGION, 2020–2024 (KILOTONS) 115
TABLE 65 MEMBRANES: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY REGION, 2025–2030 (KILOTONS) 115
TABLE 66 MEMBRANES: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY REGION, 2020–2024 (USD MILLION) 115
TABLE 67 MEMBRANES: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY REGION, 2025–2030 (USD MILLION) 116
TABLE 68 OTHER TECHNOLOGIES: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY REGION, 2020–2024 (KILOTONS) 116
TABLE 69 OTHER TECHNOLOGIES: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY REGION, 2025–2030 (KILOTONS) 117
TABLE 70 OTHER TECHNOLOGIES: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY REGION, 2020–2024 (USD MILLION) 117
TABLE 71 OTHER TECHNOLOGIES: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY REGION, 2025–2030 (USD MILLION) 117
TABLE 72 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTONS) 119
TABLE 73 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTONS) 120
TABLE 74 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION) 120
TABLE 75 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION) 120
TABLE 76 OIL & GAS: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY REGION, 2020–2024 (KILOTONS) 121
TABLE 77 OIL & GAS: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY REGION, 2025–2030 (KILOTONS) 122
TABLE 78 OIL & GAS: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY REGION, 2020–2024 (USD MILLION) 122
TABLE 79 OIL & GAS: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY REGION, 2025–2030 (USD MILLION) 122
TABLE 80 POWER GENERATION: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY REGION, 2020–2024 (KILOTONS) 123
TABLE 81 POWER GENERATION: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY REGION, 2025–2030 (KILOTONS) 123
TABLE 82 POWER GENERATION: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY REGION, 2020–2024 (USD MILLION) 124
TABLE 83 POWER GENERATION: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY REGION, 2025–2030 (USD MILLION) 124
TABLE 84 CHEMICAL & PETROCHEMICAL: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY REGION, 2020–2024 (KILOTONS) 125
TABLE 85 CHEMICAL & PETROCHEMICAL: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY REGION, 2025–2030 (KILOTONS) 125
TABLE 86 CHEMICAL & PETROCHEMICAL: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY REGION, 2020–2024 (USD MILLION) 125
TABLE 87 CHEMICAL & PETROCHEMICAL: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY REGION, 2025–2030 (USD MILLION) 126
TABLE 88 CEMENT: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY REGION, 2020–2024 (KILOTONS) 126
TABLE 89 CEMENT: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY REGION, 2025–2030 (KILOTONS) 127
TABLE 90 CEMENT: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY REGION, 2020–2024 (USD MILLION) 127
TABLE 91 CEMENT: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY REGION, 2025–2030 (USD MILLION) 127
TABLE 92 IRON & STEEL: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY REGION, 2020–2024 (KILOTONS) 128
TABLE 93 IRON & STEEL: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY REGION, 2025–2030 (KILOTONS) 128
TABLE 94 IRON & STEEL: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY REGION, 2020–2024 (USD MILLION) 129
TABLE 95 IRON & STEEL: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY REGION, 2025–2030 (USD MILLION) 129
TABLE 96 OTHER END-USE INDUSTRIES: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY REGION, 2020–2024 (KILOTONS) 130
TABLE 97 OTHER END-USE INDUSTRIES: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY REGION, 2025–2030 (KILOTONS) 130
TABLE 98 OTHER END-USE INDUSTRIES: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY REGION, 2020–2024 (USD MILLION) 130
TABLE 99 OTHER END-USE INDUSTRIES: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY REGION, 2025–2030 (USD MILLION) 131
TABLE 100 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY REGION,
2020–2024 (KILOTONS) 133
TABLE 101 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY REGION,
2025–2030 (KILOTONS) 134
TABLE 102 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY REGION,
2020–2024 (USD MILLION) 134
TABLE 103 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY REGION,
2025–2030 (USD MILLION) 134
TABLE 104 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY SERVICE, 2020–2024 (KILOTONS) 136
TABLE 105 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY SERVICE, 2025–2030 (KILOTONS) 137
TABLE 106 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY SERVICE, 2020–2024 (USD MILLION) 137
TABLE 107 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY SERVICE, 2025–2030 (USD MILLION) 137
TABLE 108 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY TECHNOLOGY, 2020–2024 (KILOTONS) 138
TABLE 109 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY TECHNOLOGY, 2025–2030 (KILOTONS) 138
TABLE 110 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY TECHNOLOGY, 2020–2024 (USD MILLION) 138
TABLE 111 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY TECHNOLOGY, 2025–2030 (USD MILLION) 139
TABLE 112 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY END-USE INDUSTRY, 2020–2024 (KILOTONS) 139
TABLE 113 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY END-USE INDUSTRY, 2025–2030 (KILOTONS) 139
TABLE 114 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY END-USE INDUSTRY, 2020–2024 (USD MILLION) 140
TABLE 115 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY END-USE INDUSTRY, 2025–2030 (USD MILLION) 140
TABLE 116 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY COUNTRY, 2020–2024 (KILOTONS) 140
TABLE 117 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY COUNTRY, 2025–2030 (KILOTONS) 141
TABLE 118 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY COUNTRY, 2020–2024 (USD MILLION) 141
TABLE 119 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY COUNTRY, 2025–2030 (USD MILLION) 141
TABLE 120 US: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTONS) 142
TABLE 121 US: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTONS) 143
TABLE 122 US: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION) 143
TABLE 123 US: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION) 143
TABLE 124 CANADA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTONS) 144
TABLE 125 CANADA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTONS) 145
TABLE 126 CANADA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION) 145
TABLE 127 CANADA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION) 145
TABLE 128 MEXICO: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTONS) 146
TABLE 129 MEXICO: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTONS) 146
TABLE 130 MEXICO: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION) 147
TABLE 131 MEXICO: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION) 147
TABLE 132 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2020–2024 (KILOTONS) 149
TABLE 133 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2025–2030 (KILOTONS) 150
TABLE 134 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2020–2024 (USD MILLION) 150
TABLE 135 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2025–2030 (USD MILLION) 150
TABLE 136 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY TECHNOLOGY, 2020–2024 (KILOTONS) 151
TABLE 137 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY TECHNOLOGY, 2025–2030 (KILOTONS) 151
TABLE 138 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY TECHNOLOGY, 2020–2024 (USD MILLION) 151
TABLE 139 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY TECHNOLOGY, 2025–2030 (USD MILLION) 152
TABLE 140 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY END-USE INDUSTRY, 2020–2024 (KILOTONS) 152
TABLE 141 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTONS) 152
TABLE 142 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION) 153
TABLE 143 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION) 153
TABLE 144 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY COUNTRY, 2020–2024 (KILOTONS) 154
TABLE 145 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY COUNTRY, 2025–2030 (KILOTONS) 154
TABLE 146 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY COUNTRY, 2020–2024 (USD MILLION) 154
TABLE 147 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY COUNTRY, 2025–2030 (USD MILLION) 155
TABLE 148 NORWAY: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTONS) 155
TABLE 149 NORWAY: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTONS) 156
TABLE 150 NORWAY: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION) 156
TABLE 151 NORWAY: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION) 156
TABLE 152 UK: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTONS) 157
TABLE 153 UK: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTONS) 158
TABLE 154 UK: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION) 158
TABLE 155 UK: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION) 158
TABLE 156 FRANCE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTONS) 159
TABLE 157 FRANCE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTONS) 159
TABLE 158 FRANCE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION) 160
TABLE 159 FRANCE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION) 160
TABLE 160 NETHERLANDS: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY END-USE INDUSTRY, 2020–2024 (KILOTONS) 161
TABLE 161 NETHERLANDS: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY END-USE INDUSTRY, 2025–2030 (KILOTONS) 161
TABLE 162 NETHERLANDS: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY END-USE INDUSTRY, 2020–2024 (USD MILLION) 161
TABLE 163 NETHERLANDS: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY END-USE INDUSTRY, 2025–2030 (USD MILLION) 162
TABLE 164 ITALY: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTONS) 163
TABLE 165 ITALY: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTONS) 163
TABLE 166 ITALY: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION) 163
TABLE 167 ITALY: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION) 164
TABLE 168 REST OF EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY END-USE INDUSTRY, 2020–2024 (KILOTONS) 164
TABLE 169 REST OF EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY END-USE INDUSTRY, 2025–2030 (KILOTONS) 165
TABLE 170 REST OF EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY END-USE INDUSTRY, 2020–2024 (USD MILLION) 165
TABLE 171 REST OF EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY END-USE INDUSTRY, 2025–2030 (USD MILLION) 165
TABLE 172 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY SERVICE, 2020–2024 (KILOTONS) 167
TABLE 173 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY SERVICE, 2025–2030 (KILOTONS) 167
TABLE 174 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY SERVICE, 2020–2024 (USD MILLION) 167
TABLE 175 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY SERVICE, 2025–2030 (USD MILLION) 168
TABLE 176 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY TECHNOLOGY, 2020–2024 (KILOTONS) 168
TABLE 177 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY TECHNOLOGY, 2025–2030 (KILOTONS) 168
TABLE 178 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY TECHNOLOGY, 2020–2024 (USD MILLION) 169
TABLE 179 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY TECHNOLOGY, 2025–2030 (USD MILLION) 169
TABLE 180 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY END-USE INDUSTRY, 2020–2024 (KILOTONS) 169
TABLE 181 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY END-USE INDUSTRY, 2025–2030 (KILOTONS) 170
TABLE 182 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY END-USE INDUSTRY, 2020–2024 (USD MILLION) 170
TABLE 183 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY END-USE INDUSTRY, 2025–2030 (USD MILLION) 170
TABLE 184 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY COUNTRY, 2020–2024 (KILOTONS) 171
TABLE 185 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY COUNTRY, 2025–2030 (KILOTONS) 171
TABLE 186 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY COUNTRY, 2020–2024 (USD MILLION) 171
TABLE 187 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY COUNTRY, 2025–2030 (USD MILLION) 172
TABLE 188 CHINA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTONS) 173
TABLE 189 CHINA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTONS) 173
TABLE 190 CHINA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION) 173
TABLE 191 CHINA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION) 174
TABLE 192 JAPAN: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTONS) 174
TABLE 193 JAPAN: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTONS) 175
TABLE 194 JAPAN: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION) 175
TABLE 195 JAPAN: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION) 175
TABLE 196 INDIA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTONS) 176
TABLE 197 INDIA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTONS) 176
TABLE 198 INDIA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION) 177
TABLE 199 INDIA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION) 177
TABLE 200 AUSTRALIA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY END-USE INDUSTRY, 2020–2024 (KILOTONS) 178
TABLE 201 AUSTRALIA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY END-USE INDUSTRY, 2025–2030 (KILOTONS) 178
TABLE 202 AUSTRALIA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY END-USE INDUSTRY, 2020–2024 (USD MILLION) 179
TABLE 203 AUSTRALIA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION) 179
TABLE 204 REST OF ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTONS) 180
TABLE 205 REST OF ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTONS) 180
TABLE 206 REST OF ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION) 180
TABLE 207 REST OF ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION) 181
TABLE 208 MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2020–2024 (KILOTONS) 181
TABLE 209 MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2025–2030 (KILOTONS) 182
TABLE 210 MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2020–2024 (USD MILLION) 182
TABLE 211 MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY SERVICE, 2025–2030 (USD MILLION) 182
TABLE 212 MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY TECHNOLOGY, 2020–2024 (KILOTONS) 183
TABLE 213 MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY TECHNOLOGY, 2025–2030 (KILOTONS) 183
TABLE 214 MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY TECHNOLOGY, 2020–2024 (USD MILLION) 183
TABLE 215 MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY TECHNOLOGY, 2025–2030 (USD MILLION) 184
TABLE 216 MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTONS) 184
TABLE 217 MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTONS) 184
TABLE 218 MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION) 185
TABLE 219 MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION) 185
TABLE 220 MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY COUNTRY, 2020–2024 (KILOTONS) 186
TABLE 221 MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY COUNTRY, 2025–2030 (KILOTONS) 186
TABLE 222 MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY COUNTRY, 2020–2024 (USD MILLION) 186
TABLE 223 MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY COUNTRY, 2025–2030 (USD MILLION) 187
TABLE 224 UAE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTONS) 188
TABLE 225 UAE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTONS) 188
TABLE 226 UAE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION) 188
TABLE 227 UAE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION) 189
TABLE 228 SAUDI ARABIA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY END-USE INDUSTRY, 2020–2024 (KILOTONS) 190
TABLE 229 SAUDI ARABIA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY END-USE INDUSTRY, 2025–2030 (KILOTONS) 190
TABLE 230 SAUDI ARABIA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY END-USE INDUSTRY, 2020–2024 (USD MILLION) 190
TABLE 231 SAUDI ARABIA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY END-USE INDUSTRY, 2025–2030 (USD MILLION) 191
TABLE 232 REST OF GCC COUNTRIES: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTONS) 191
TABLE 233 REST OF GCC COUNTRIES: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTONS) 192
TABLE 234 REST OF GCC COUNTRIES: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION) 192
TABLE 235 REST OF GCC COUNTRIES: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION) 192
TABLE 236 REST OF MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTONS) 193
TABLE 237 REST OF MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTONS) 193
TABLE 238 REST OF MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION) 194
TABLE 239 REST OF MIDDLE EAST & AFRICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION) 194
TABLE 240 SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY SERVICE, 2020–2024 (KILOTONS) 195
TABLE 241 SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY SERVICE, 2025–2030 (KILOTONS) 195
TABLE 242 SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY SERVICE, 2020–2024 (USD MILLION) 196
TABLE 243 SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY SERVICE, 2025–2030 (USD MILLION) 196
TABLE 244 SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY TECHNOLOGY, 2020–2024 (KILOTONS) 196
TABLE 245 SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY TECHNOLOGY, 2025–2030 (KILOTONS) 197
TABLE 246 SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY TECHNOLOGY, 2020–2024 (USD MILLION) 197
TABLE 247 SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY TECHNOLOGY, 2025–2030 (USD MILLION) 197
TABLE 248 SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY END-USE INDUSTRY, 2020–2024 (KILOTONS) 198
TABLE 249 SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY END-USE INDUSTRY, 2025–2030 (KILOTONS) 198
TABLE 250 SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY END-USE INDUSTRY, 2020–2024 (USD MILLION) 198
TABLE 251 SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY END-USE INDUSTRY, 2025–2030 (USD MILLION) 199
TABLE 252 SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY COUNTRY, 2020–2024 (KILOTONS) 199
TABLE 253 SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY COUNTRY, 2025–2030 (KILOTONS) 199
TABLE 254 SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY COUNTRY, 2020–2024 (USD MILLION) 200
TABLE 255 SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY COUNTRY, 2025–2030 (USD MILLION) 200
TABLE 256 BRAZIL: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTONS) 201
TABLE 257 BRAZIL: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTONS) 201
TABLE 258 BRAZIL: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION) 201
TABLE 259 BRAZIL: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION) 202
TABLE 260 ARGENTINA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTONS) 202
TABLE 261 ARGENTINA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY END-USE INDUSTRY, 2025–2030 (KILOTONS) 203
TABLE 262 ARGENTINA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY END-USE INDUSTRY, 2020–2024 (USD MILLION) 203
TABLE 263 ARGENTINA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET,
BY END-USE INDUSTRY, 2025–2030 (USD MILLION) 203
TABLE 264 REST OF SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTONS) 204
TABLE 265 REST OF SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTONS) 204
TABLE 266 REST OF SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION) 205
TABLE 267 REST OF SOUTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION) 205
TABLE 268 STRATEGIES ADOPTED BY CARBON CAPTURE, UTILIZATION, AND STORAGE SERVICE PROVIDERS 206
TABLE 269 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET: DEGREE OF COMPETITION 210
TABLE 270 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET:
REGIONAL FOOTPRINT, 2024 218
TABLE 271 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET:
SERVICE FOOTPRINT, 2024 219
TABLE 272 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET:
END-USE INDUSTRY FOOTPRINT, 2024 220
TABLE 273 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET: DETAILED LIST OF KEY STARTUPS/SMES, 2024 223
TABLE 274 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES, 2024 224
TABLE 276 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET:
EXPANSIONS, JANUARY 2020–AUGUST 2025 234
TABLE 277 FLUOR CORPORATION: COMPANY OVERVIEW 235
TABLE 278 FLUOR CORPORATION: PRODUCTS OFFERED 236
TABLE 279 FLUOR CORPORATION: DEALS 237
TABLE 280 FLUOR CORPORATION: OTHER DEVELOPMENTS 237
TABLE 281 EXXON MOBIL CORPORATION: COMPANY OVERVIEW 239
TABLE 282 EXXON MOBIL CORPORATION: PRODUCTS OFFERED 240
TABLE 283 EXXON MOBIL CORPORATION: DEALS 241
TABLE 284 EXXON MOBIL CORPORATION: EXPANSIONS 243
TABLE 285 EXXON MOBIL CORPORATION: OTHER DEVELOPMENTS 243
TABLE 286 SHELL PLC: COMPANY OVERVIEW 245
TABLE 287 SHELL PLC: PRODUCTS OFFERED 246
TABLE 288 SHELL PLC: DEALS 247
TABLE 289 EQUINOR ASA: COMPANY OVERVIEW 250
TABLE 290 EQUINOR ASA: PRODUCTS OFFERED 251
TABLE 291 EQUINOR ASA: DEALS 251
TABLE 292 EQUINOR ASA: OTHER DEVELOPMENTS 253
TABLE 293 TOTALENERGIES SE: COMPANY OVERVIEW 255
TABLE 294 TOTALENERGIES SE: PRODUCTS OFFERED 256
TABLE 295 TOTALENERGIES SE: DEALS 256
TABLE 296 LINDE PLC: COMPANY OVERVIEW 259
TABLE 297 LINDE PLC: PRODUCTS OFFERED 260
TABLE 298 LINDE PLC: DEALS 260
TABLE 299 MITSUBISHI HEAVY INDUSTRIES, LTD.: COMPANY OVERVIEW 261
TABLE 300 MITSUBISHI HEAVY INDUSTRIES, LTD.: PRODUCTS OFFERED 262
TABLE 301 MITSUBISHI HEAVY INDUSTRIES, LTD.: DEALS 262
TABLE 302 MITSUBISHI HEAVY INDUSTRIES, LTD.: EXPANSIONS 265
TABLE 303 MITSUBISHI HEAVY INDUSTRIES, LTD.: OTHER DEVELOPMENTS 266
TABLE 304 JGC HOLDINGS CORPORATION: COMPANY OVERVIEW 267
TABLE 305 JGC HOLDINGS CORPORATION: PRODUCTS OFFERED 268
TABLE 306 JGC HOLDINGS CORPORATION: DEALS 269
TABLE 307 SCHLUMBERGER LIMITED: COMPANY OVERVIEW 270
TABLE 308 SCHLUMBERGER LIMITED: PRODUCTS OFFERED 271
TABLE 309 SCHLUMBERGER LIMITED: DEALS 272
TABLE 310 AKER SOLUTIONS: COMPANY OVERVIEW 273
TABLE 311 AKER SOLUTIONS: PRODUCTS OFFERED 274
TABLE 312 AKER SOLUTIONS: DEALS 275
TABLE 313 HONEYWELL INTERNATIONAL: COMPANY OVERVIEW 277
TABLE 314 HONEYWELL INTERNATIONAL: PRODUCTS OFFERED 278
TABLE 315 HONEYWELL INTERNATIONAL: DEALS 279
TABLE 316 HITACHI, LTD.: COMPANY OVERVIEW 281
TABLE 317 HITACHI, LTD.: PRODUCTS OFFERED 282
TABLE 318 HITACHI, LTD.: DEALS 282
TABLE 319 SIEMENS AG: COMPANY OVERVIEW 283
TABLE 320 SIEMENS AG: PRODUCTS OFFERED 284
TABLE 321 GE VERNOVA: COMPANY OVERVIEW 285
TABLE 322 GE VERNOVA: PRODUCTS OFFERED 286
TABLE 323 GE VERNOVA: DEALS 287
TABLE 324 GE VERNOVA: OTHER DEVELOPMENTS 288
TABLE 325 HALLIBURTON: COMPANY OVERVIEW 289
TABLE 326 HALLIBURTON: PRODUCTS OFFERED 290
TABLE 327 HALLIBURTON: DEALS 291
TABLE 328 CLIMEWORKS AG: COMPANY OVERVIEW 292
TABLE 329 CARBON CLEAN SOLUTIONS: COMPANY OVERVIEW 292
TABLE 330 OCCIDENTAL: COMPANY OVERVIEW 293
TABLE 331 GREEN MINERALS: COMPANY OVERVIEW 293
TABLE 332 CARBICRETE: COMPANY OVERVIEW 294
TABLE 333 CARBONFREE: COMPANY OVERVIEW 294
TABLE 334 SVANTE TECHNOLOGIES INC.: COMPANY OVERVIEW 295
TABLE 335 GREEN POWER INTERNATIONAL PVT. LTD.: COMPANY OVERVIEW 295
TABLE 336 WOLF MIDSTREAM: COMPANY OVERVIEW 296
TABLE 337 BABCOCK & WILCOX: COMPANY OVERVIEW 296
TABLE 338 MES: KEY COMPANIES/UNIVERSITIES 298
TABLE 339 LANZATECH: INVESTMENT AND FUNDING SCENARIO 298
TABLE 340 ELECTROCHAEA: INVESTMENT AND FUNDING SCENARIO 299
TABLE 341 CO2 CAPTURE CAPACITY OF ZEOLITE A 300
TABLE 342 KEY COMPANIES/UNIVERSITIES INVOLVED IN ZEOLITE-BASED RESEARCH 301
TABLE 343 KEY COMPANIES/UNIVERSITIES INVOLVED IN VACUUM SWING ADSORPTION-BASED RESEARCH 303
TABLE 344 KEY COMPANIES/UNIVERSITIES INVOLVED IN DIRECT AIR CAPTURE-BASED RESEARCH 304
TABLE 345 KEY COMPANIES/UNIVERSITIES INVOLVED IN BIOHYBRID PHOTOCATALYSIS RESEARCH 305
TABLE 346 KEY COMPANIES/UNIVERSITIES INVOLVED IN PYROGENIC CARBON CAPTURE RESEARCH 307
TABLE 347 KEY COMPANIES/UNIVERSITIES INVOLVED IN MICROBIAL CARBONIC ANHYDRASE RESEARCH 308
TABLE 348 KEY COMPANIES/UNIVERSITIES INVOLVED IN BLUE HYDROGEN PRODUCTION TECHNOLOGY RESEARCH 309
LIST OF FIGURES
FIGURE 1 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET: RESEARCH DESIGN 34
FIGURE 2 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET: BOTTOM-UP APPROACH 40
FIGURE 3 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET: TOP-DOWN APPROACH 41
FIGURE 4 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET: DATA TRIANGULATION 42
FIGURE 5 CAPTURE SERVICES SEGMENT TO DOMINATE MARKET IN 2025 44
FIGURE 6 CHEMICAL LOOPING PROCESS TO DOMINATE MARKET IN 2025 45
FIGURE 7 OIL & GAS TO HOLD LARGEST MARKET SHARE 45
FIGURE 8 NORTH AMERICA TO DOMINATE CARBON CAPTURE MARKET IN 2025 46
FIGURE 9 GOVERNMENT INITIATIVES TO DRIVE CARBON CAPTURE MARKET 47
FIGURE 10 OIL & GAS AND NORTH AMERICA HELD LARGEST MARKET SHARES IN 2024 48
FIGURE 11 CAPTURE SERVICES ARE PROJECTED TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 49
FIGURE 12 MEMBRANES TO REGISTER HIGHEST CAGR TILL 2030 49
FIGURE 13 POWER GENERATION AND OIL & GAS TO SHOW HIGH GROWTH RATES 50
FIGURE 14 NORWAY AND OVERALL EUROPE TO WITNESS HIGHEST GROWTH 50
FIGURE 15 CCUS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 52
FIGURE 16 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET: PORTER’S FIVE FORCES ANALYSIS 57
FIGURE 17 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END-USE INDUSTRY 59
FIGURE 18 KEY BUYING CRITERIA, BY END-USE INDUSTRY 60
FIGURE 19 CCUS MARKET: KEY STAKEHOLDERS IN ECOSYSTEM 61
FIGURE 20 AVERAGE SELLING PRICE TREND OF CARBON CAPTURE, BY REGION, 2021–2024 (USD/TON) 63
FIGURE 21 CCUS MARKET: VALUE CHAIN ANALYSIS 64
FIGURE 22 PATENT ANALYSIS, BY PATENT TYPE, 2015-2025 71
FIGURE 23 PATENT PUBLICATION TRENDS, JANUARY 2015-JULY 2025 71
FIGURE 24 CCUS MARKET: LEGAL STATUS OF PATENTS 72
FIGURE 25 CHINA JURISDICTION REGISTERED HIGHEST NUMBER OF PATENTS 72
FIGURE 26 TOSHIBA REGISTERED HIGHEST NUMBER OF PATENTS 73
FIGURE 27 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 81
FIGURE 28 CCUS MARKET: NUMBER OF DEALS AND FUNDING SOARED IN 2022 82
FIGURE 29 CAPTURE SERVICE TO DOMINATE CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET DURING FORECAST PERIOD 91
FIGURE 30 NORTH AMERICA TO BE BIGGEST MARKET FOR CARBON CAPTURE SERVICES DURING FORECAST PERIOD 93
FIGURE 31 POST-COMBUSTION TO LEAD MARKET BETWEEN 2024 AND 2030 95
FIGURE 32 ASIA PACIFIC TO BE FASTEST-GROWING MARKET FOR TRANSPORTATION SERVICES 99
FIGURE 33 EUROPE TO BE FASTEST GROWING MARKET FOR UTILIZATION SERVICES 101
FIGURE 34 NORTH AMERICA TO BE FASTEST-GROWING MARKET FOR STORAGE SERVICES 103
FIGURE 35 GEOLOGICAL STORAGE TO DOMINATE STORAGE SERVICES MARKET DURING FORECAST PERIOD 105
FIGURE 36 CHEMICAL LOOPING TO DOMINATE MARKET 109
FIGURE 37 OIL & GAS INDUSTRY TO DOMINATE END-USE INDUSTRY MARKET
DURING TILL 2030 119
FIGURE 38 NORWAY TO REGISTER HIGHEST GROWTH BETWEEN 2025 AND 2030 133
FIGURE 39 NORTH AMERICA: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SNAPSHOT 136
FIGURE 40 EUROPE: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SNAPSHOT 149
FIGURE 41 ASIA PACIFIC: CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET SNAPSHOT 166
FIGURE 44 CARBON CAPTURE, UTILIZATION, AND STORAGE MARKET: TOP TRENDING BRAND/PRODUCT ANALYSIS 212
FIGURE 45 BRAND COMPARATIVE ANALYSIS, BY CARBON CAPTURE, UTILIZATION,
AND STORAGE SERVICE PROVIDER 213
FIGURE 49 EV/EBITDA OF KEY VENDORS 225
FIGURE 50 YEAR-TO-DATE (YTD) PRICE TOTAL RETURN AND 5-YEAR STOCK BETA OF KEY VENDORS 225
FIGURE 51 VALUATION OF PROMINENT SERVICE PROVIDER FIRMS IN 2024 (USD BILLION) 226
FIGURE 52 FLUOR CORPORATION: COMPANY SNAPSHOT 236
FIGURE 53 EXXON MOBIL CORPORATION: COMPANY SNAPSHOT 240
FIGURE 54 SHELL PLC: COMPANY SNAPSHOT 246
FIGURE 55 EQUINOR ASA: COMPANY SNAPSHOT 250
FIGURE 56 TOTALENERGIES SE: COMPANY SNAPSHOT 255
FIGURE 57 LINDE PLC: COMPANY SNAPSHOT 259
FIGURE 58 MITSUBISHI HEAVY INDUSTRIES, LTD.: COMPANY SNAPSHOT 261
FIGURE 59 JGC HOLDINGS CORPORATION: COMPANY SNAPSHOT 268
FIGURE 60 SCHLUMBERGER LIMITED: COMPANY SNAPSHOT 271
FIGURE 61 AKER SOLUTIONS: COMPANY SNAPSHOT 274
FIGURE 62 HONEYWELL INTERNATIONAL: COMPANY SNAPSHOT 278
FIGURE 63 HITACHI, LTD.: COMPANY SNAPSHOT 281
FIGURE 64 SIEMENS AG: COMPANY SNAPSHOT 283
FIGURE 65 GE VERNOVA: COMPANY SNAPSHOT 286
FIGURE 66 HALLIBURTON: COMPANY SNAPSHOT 290
