
Global Carbon Capture and Storage market will register a 5.9% CAGR in terms of revenue, the market size will reach USD 4.39 Billion by 2024, from USD 3.3 Billion in 2019.
Carbon capture and storage (CCS) (or carbon capture and sequestration or carbon control and sequestration) is the process of capturing waste carbon dioxide (CO2) from large point sources, such as fossil fuel power plants, transporting it to a storage site, and depositing it where it will not enter the atmosphere, normally an underground geological formation.
In the coming years there is an increasing demand for Carbon Capture and Storage in the regions of United States and Europe that is expected to drive the market for more advanced Carbon Capture and Storage. Growth in government budgets in the principal countries, increasing of power generation fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Carbon Capture and Storage will drive growth in United States and Europe markets.
For the Carbon Capture and Storage market, Exxonmobil Corporation, Schlumberger, Linde AG, Halliburton and BASF respectively account for 13.70%, 10.08%, 6.81%, 6.09% and 5.96% market share in 2018, and the sum of the market share percentage held by the largest number of firms in this industry is less than 50%, which indicate that the Carbon Capture and Storage industry is perfectly competitive and is considered low concentration.
Globally, the Carbon Capture and Storage industry market is low concentrated as the manufacturing technology of Carbon Capture and Storage is relatively immatures than some high-tech equipment. And some enterprises, like ExxonMobil, Schlumberger, Huaneng, etc. are well-known for the wonderful performance of their Carbon Capture and Storage and related services. At the same time, Americas, occupied 49% market share in 2018, is remarkable in the global Carbon Capture and Storage industry because of their market share and technology status of Carbon Capture and Storage.
According to this study, over the next five years the Carbon Capture and Storage market will register a 5.9% CAGR in terms of revenue, the global market size will reach US$ 4390 million by 2024, from US$ 3300 million in 2019. In particular, this report presents the global revenue market share of key companies in Carbon Capture and Storage business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Carbon Capture and Storage market by product type, application, key companies and key regions.
This study considers the Carbon Capture and Storage value generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
Pre-Combustion Carbon Capture
Oxy-Combustion Carbon Capture
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Oil & Gas
Power Generation
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Exxonmobil Corporation
Schlumberger
Huaneng
Linde AG
Halliburton
BASF
General Electric
Siemens
Honeywell UOP
Sulzer
Equinor
NRG
AkerSolutions
Shell
Skyonic Corp.
Mitsubishi Hitachi
Fluor
Sinopec
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Carbon Capture and Storage market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Carbon Capture and Storage market by identifying its various subsegments.
Focuses on the key global Carbon Capture and Storage players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Carbon Capture and Storage with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Carbon Capture and Storage submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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Table of Contents
2019-2024 Global Carbon Capture and Storage Market Report (Status and Outlook)
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Carbon Capture and Storage Market Size 2014-2024
2.1.2 Carbon Capture and Storage Market Size CAGR by Region
2.2 Carbon Capture and Storage Segment by Type
2.2.1 Pre-Combustion Carbon Capture
2.2.2 Oxy-Combustion Carbon Capture
2.2.3 Post-Combustion Carbon Capture
2.3 Carbon Capture and Storage Market Size by Type
2.3.1 Global Carbon Capture and Storage Market Size Market Share by Type (2014-2019)
2.3.2 Global Carbon Capture and Storage Market Size Growth Rate by Type (2014-2019)
2.4 Carbon Capture and Storage Segment by Application
2.4.1 Oil & Gas
2.4.2 Power Generation
2.4.3 Others
2.5 Carbon Capture and Storage Market Size by Application
2.5.1 Global Carbon Capture and Storage Market Size Market Share by Application (2014-2019)
2.5.2 Global Carbon Capture and Storage Market Size Growth Rate by Application (2014-2019)
3 Global Carbon Capture and Storage by Players
3.1 Global Carbon Capture and Storage Market Size Market Share by Players
3.1.1 Global Carbon Capture and Storage Market Size by Players (2017-2019)
3.1.2 Global Carbon Capture and Storage Market Size Market Share by Players (2017-2019)
3.2 Global Carbon Capture and Storage Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Carbon Capture and Storage by Regions
4.1 Carbon Capture and Storage Market Size by Regions
4.2 Americas Carbon Capture and Storage Market Size Growth
4.3 APAC Carbon Capture and Storage Market Size Growth
4.4 Europe Carbon Capture and Storage Market Size Growth
4.5 Middle East & Africa Carbon Capture and Storage Market Size Growth
5 Americas
5.1 Americas Carbon Capture and Storage Market Size by Countries
5.2 Americas Carbon Capture and Storage Market Size by Type
5.3 Americas Carbon Capture and Storage Market Size by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries
6 APAC
6.1 APAC Carbon Capture and Storage Market Size by Countries
6.2 APAC Carbon Capture and Storage Market Size by Type
6.3 APAC Carbon Capture and Storage Market Size by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Countries
7 Europe
7.1 Europe Carbon Capture and Storage by Countries
7.2 Europe Carbon Capture and Storage Market Size by Type
7.3 Europe Carbon Capture and Storage Market Size by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Spain
7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
8.1 Middle East & Africa Carbon Capture and Storage by Countries
8.2 Middle East & Africa Carbon Capture and Storage Market Size by Type
8.3 Middle East & Africa Carbon Capture and Storage Market Size by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends
10 Global Carbon Capture and Storage Market Forecast
10.1 Global Carbon Capture and Storage Market Size Forecast (2019-2024)
10.2 Global Carbon Capture and Storage Forecast by Regions
10.2.1 Global Carbon Capture and Storage Forecast by Regions (2019-2024)
10.2.2 Americas Market Forecast
10.2.3 APAC Market Forecast
10.2.4 Europe Market Forecast
10.2.5 Middle East & Africa Market Forecast
10.3 Americas Forecast by Countries
10.3.1 United States Market Forecast
10.3.2 Canada Market Forecast
10.3.3 Mexico Market Forecast
10.3.4 Brazil Market Forecast
10.4 APAC Forecast by Countries
10.4.1 China Market Forecast
10.4.2 Japan Market Forecast
10.4.3 Korea Market Forecast
10.4.4 Southeast Asia Market Forecast
10.4.5 India Market Forecast
10.4.6 Australia Market Forecast
10.5 Europe Forecast by Countries
10.5.1 Germany Market Forecast
10.5.2 France Market Forecast
10.5.3 UK Market Forecast
10.5.4 Italy Market Forecast
10.5.5 Russia Market Forecast
10.5.6 Spain Market Forecast
10.6 Middle East & Africa Forecast by Countries
10.6.1 Egypt Market Forecast
10.6.2 South Africa Market Forecast
10.6.3 Israel Market Forecast
10.6.4 Turkey Market Forecast
10.6.5 GCC Countries Market Forecast
10.7 Global Carbon Capture and Storage Forecast by Type
10.8 Global Carbon Capture and Storage Forecast by Application
11 Key Players Analysis
11.1 Exxonmobil Corporation
11.1.1 Company Details
11.1.2 Carbon Capture and Storage Product Offered
11.1.3 Exxonmobil Corporation Carbon Capture and Storage Revenue, Gross Margin and Market Share (2017-2019)
11.1.4 Main Business Overview
11.1.5 Exxonmobil Corporation News
11.2 Schlumberger
11.2.1 Company Details
11.2.2 Carbon Capture and Storage Product Offered
11.2.3 Schlumberger Carbon Capture and Storage Revenue, Gross Margin and Market Share (2017-2019)
11.2.4 Main Business Overview
11.2.5 Schlumberger News
11.3 Huaneng
11.3.1 Company Details
11.3.2 Carbon Capture and Storage Product Offered
11.3.3 Huaneng Carbon Capture and Storage Revenue, Gross Margin and Market Share (2017-2019)
11.3.4 Main Business Overview
11.3.5 Huaneng News
11.4 Linde AG
11.4.1 Company Details
11.4.2 Carbon Capture and Storage Product Offered
11.4.3 Linde AG Carbon Capture and Storage Revenue, Gross Margin and Market Share (2017-2019)
11.4.4 Main Business Overview
11.4.5 Linde AG News
11.5 Halliburton
11.5.1 Company Details
11.5.2 Carbon Capture and Storage Product Offered
11.5.3 Halliburton Carbon Capture and Storage Revenue, Gross Margin and Market Share (2017-2019)
11.5.4 Main Business Overview
11.5.5 Halliburton News
11.6 BASF
11.6.1 Company Details
11.6.2 Carbon Capture and Storage Product Offered
11.6.3 BASF Carbon Capture and Storage Revenue, Gross Margin and Market Share (2017-2019)
11.6.4 Main Business Overview
11.6.5 BASF News
11.7 General Electric
11.7.1 Company Details
11.7.2 Carbon Capture and Storage Product Offered
11.7.3 General Electric Carbon Capture and Storage Revenue, Gross Margin and Market Share (2017-2019)
11.7.4 Main Business Overview
11.7.5 General Electric News
11.8 Siemens
11.8.1 Company Details
11.8.2 Carbon Capture and Storage Product Offered
11.8.3 Siemens Carbon Capture and Storage Revenue, Gross Margin and Market Share (2017-2019)
11.8.4 Main Business Overview
11.8.5 Siemens News
11.9 Honeywell UOP
11.9.1 Company Details
11.9.2 Carbon Capture and Storage Product Offered
11.9.3 Honeywell UOP Carbon Capture and Storage Revenue, Gross Margin and Market Share (2017-2019)
11.9.4 Main Business Overview
11.9.5 Honeywell UOP News
11.10 Sulzer
11.10.1 Company Details
11.10.2 Carbon Capture and Storage Product Offered
11.10.3 Sulzer Carbon Capture and Storage Revenue, Gross Margin and Market Share (2017-2019)
11.10.4 Main Business Overview
11.10.5 Sulzer News
11.11 Equinor
11.12 NRG
11.13 AkerSolutions
11.14 Shell
11.15 Skyonic Corp.
11.16 Mitsubishi Hitachi
11.17 Fluor
11.18 Sinopec
12 Research Findings and Conclusion
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*If Applicable.
