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. The aim is to prevent the release of large quantities of CO2 into the atmosphere (from fossil fuel use in power generation and other industries). It is a potential means of mitigating the contribution of fossil fuel emissions to global warming and ocean acidification. Although CO2 has been injected into geological formations for several decades for various purposes, including enhanced oil recovery, the long term storage of CO2 is a relatively new concept.
According to this study, over the next five years the Carbon Capture and Storage market will register a 6.1% CAGR in terms of revenue, the global market size will reach US$ 4450 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.
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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:
Exxonmobil Corporation
Schlumberger
Huaneng
Linde AG
Halliburton
BASF
General Electric
Siemens
Honeywell UOP
Sulzer
Equinor
NRG
AkerSolutions
Shell
Skyonic Corp.
Mitsubishi Hitachi
Fluor
Sinopec
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, and Forecast to 2024.
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
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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.
The global Carbon Capture and Storage market has been segmented by region which includes the 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 region wise segmentation ensures that the customers attain utmost knowledge of the Carbon Capture and Storage market trends in each region and hence can plan accordingly to gain the maximum market share.
Some Major TOC Points:
Global Carbon Capture and Storage Market Report (Status and Outlook) 2019
1 Scope of the Report
2 Executive Summary
3 Global Carbon Capture and Storage by Players
4 Carbon Capture and Storage by Regions
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Global Carbon Capture and Storage Market Forecast
…
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
12 Research Findings and Conclusion
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