August 28, 2018 - 5:31 AM EDT
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The Global Market for Carbon Capture, Utilization & Storage 2018: CAGR is Projected to Grow at 23.5%, Enabling the Market to Exceed $20 Billion by 2026 - ResearchAndMarkets.com

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The "Carbon Capture, Utilization & Storage - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.

According to the report, the market accounted for $2.98 billion in 2017 and is expected to reach $20.05 billion by 2026 growing at a CAGR of 23.5%.

Increasing emissions of carbon dioxide (CO2), growing environmental concerns and technological advancements in non-power sectors are some of the major factors fuelling the market growth. In addition, growing CO2 enhanced oil recovery techniques provide ample opportunities for the growth of the market. However, high cost of the technology is hampering the market.

By Technology, the post-combustion capture segment acquired steady growth due to its usage in various industries, such as natural gas and refinery treatment plants.

Based on Application, the enhanced oil recovery (EOR) segment acquired significant growth owing to rising demand for extracting oil & gas from low permeability and unconventional reserves which include carbonate traps and tight sands.

North America is dominating with the largest market share and the growth of this region can be attributed to rising government support, growing oilfields, increasing demand for clean technology.

Key Topics Covered

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Carbon Capture, Utilization & Storage Market, By Service

6 Global Carbon Capture, Utilization & Storage Market, By Technology

7 Global Carbon Capture, Utilization & Storage Market, By Source

8 Global Carbon Capture, Utilization & Storage Market, By Application

9 Global Carbon Capture, Utilization & Storage Market, By Geography

10 Key Developments

11 Company Profiling

  • Dioxide Materials Inc.
  • AkerSolutions
  • Integrated Carbon Sequestration Pty. Ltd.
  • E3 Tec Services LLC
  • Enn Group Co. Ltd.
  • Lanzatech Inc.
  • Skyonic Corp.
  • Novomer Inc.
  • Carbon Cycle Ltd.
  • BASF SE
  • MBD Energy Ltd.
  • Solidia Technologies Inc.
  • Empower Materials Inc.
  • Liquid Light Inc.
  • Integrated Carbon Sequestration Pty. Ltd.
  • Joule Unlimited Inc.
  • Schlumberger Limited
  • Linde AG
  • Fluor Corporation
  • Exxonmobil Corporation

For more information about this report visit https://www.researchandmarkets.com/research/brr746/the_global_market?w=4

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Related Topics: Carbon Emissions and Capture


Source: Business Wire (August 28, 2018 - 5:31 AM EDT)

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