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Carbon Capture and Sequestration Market Outlook from 2024 to 2034

The carbon capture and sequestration market is anticipated to be valued at US$ 4.2 billion in 2024. The carbon capture and sequestration is predicted to rise at a staggering CAGR of 20.1% from 2024 to 2034. The global market is anticipated to reach US$ 26.1 billion by 2034.

Attributes Key Insights
Estimated Market Size in 2024 US$ 4.2 billion
Projected Market Value in 2034 US$ 26.1 billion
Value-based CAGR from 2024 to 2034 20.1%

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Key Market Trends and Highlights

  • Increasing investment and funding from governments, venture capital firms, and private investors support the development and commercialization of CCS technologies.
  • The expansion of carbon markets and carbon offset programs creates opportunities for CCS projects to generate revenue through carbon credits.
  • Ongoing advancements in carbon capture technologies, including solvent-based, membrane-based, and solid sorbent capture methods, expand the CCS market.

2019 to 2023 Historical Analysis vs. 2024 to 2034 Market Forecast Projections

From 2019 to 2023, the carbon capture and sequestration (CSS) market experienced a remarkable CAGR of 24.2%. This substantial growth can be attributed to several factors, including increasing awareness of climate change, stringent environmental regulations, and growing investments in low-carbon technologies.

Governments and industries worldwide have been increasingly focused on reducing greenhouse gas emissions, driving the adoption of CCS solutions as a key mitigation strategy. Advancements in CCS technologies, supportive government policies, and financial incentives have further propelled market growth during this period.

Looking ahead to the forecasted period of 2024 to 2034, the CCS market is anticipated to grow at a robust CAGR of 20.1%. Despite the slightly moderated growth rate compared to the historical period, this forecasted growth indicates sustained momentum in adopting CCS technologies.

Factors such as continued regulatory support, advancements in capture and storage technologies, and increasing investments in carbon mitigation efforts are expected to drive market expansion during the forecast period. Furthermore, as the global focus on combating climate change intensifies, the demand for CCS solutions is likely to remain strong, positioning the market for continued growth in the coming years.

Historical CAGR from 2019 to 2023 24.2%
Forecast CAGR from 2024 to 2034 20.1%
Nikhil Kaitwade
Nikhil Kaitwade

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Carbon Capture and Sequestration Market Drivers

  • Growing awareness of climate change and its environmental impacts incentivizes industries to invest in CCS solutions to mitigate carbon dioxide emissions.
  • Continuous advancements in CCS technologies enhance efficiency, reduce costs, and improve the feasibility of large-scale deployment.
  • Carbon-intensive industries such as power generation, cement production, and oil refining seek CCS solutions to comply with emission regulations and reduce environmental impact.

Carbon Capture and Sequestration Market Challenges

  • The high upfront costs of CCS infrastructure, including capture, transportation, and storage, pose financial challenges for project developers and investors.
  • Despite advancements, CCS technologies still face technical challenges such as energy consumption, storage capacity, and efficiency, hindering widespread adoption.
  • Concerns over safety, environmental risks, and the potential for carbon leakage may lead to public opposition and regulatory hurdles for CCS projects.

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Comparative View of Adjacent Markets

Future Market Insights has compared three markets, namely the fuel additives market and the enhanced oil recovery market are below.

Governments and regulatory bodies impose stricter emissions standards and fuel quality requirements to mitigate air pollution and reduce greenhouse gas emissions.

As conventional oil reserves deplete, oil companies are turning to enhanced oil recovery techniques to extract additional oil from existing reservoirs.

Carbon Capture and Sequestration Market:

Attributes Carbon Capture and Sequestration Market
CAGR from 2024 to 2034 20.1%
Key Trends Continuous innovation in carbon capture technologies, such as solvent-based and membrane-based systems, enhances efficiency and reduces costs.
Growth Factor Participation in carbon trading schemes and carbon offset programs enables CCS projects to generate revenue through carbon credits.

Fuel Additives Market:

Attributes Fuel Additives Market
CAGR from 2023 to 2033 5.4%
Key Trends Growing demand for bio-based and eco-friendly fuel additives to reduce emissions and improve fuel efficiency.
Growth Factor Expansion of automotive and aviation industries in emerging economies fuels demand for fuel additives to meet environmental regulations and improve fuel quality.

Enhanced Oil Recovery Market:

Attributes Enhanced Oil Recovery Market
CAGR from 2022 to 2032 4.5%
Key Trends Increasing emphasis on exploiting mature oil fields using EOR techniques to recover stranded oil reserves and extend field life.
Growth Factor Volatility in oil prices and the recovery of global oil markets create opportunities for EOR projects to become economically viable.

Country-wise Analysis

The provided table highlights the top five countries in terms of revenue, with South Korea leading the list.

South Korea has invested substantially in developing advanced CCS technologies, driven by its commitment to combating climate change and reducing greenhouse gas emissions.

The robust technological capabilities, government support, and collaboration with leading industry players have enabled South Korea to develop cutting-edge CCS solutions and establish itself as a global leader in carbon capture initiatives.

Countries Forecast CAGRs from 2024 to 2034
The United States 20.4%
China 21%
Japan 21.4%
South Korea 22.6%
The United Kingdom 21.8%

Power Generation and Industrial Applications Surge the Market in the United States

The carbon capture and sequestration (CCS) market growth in the United States is primarily utilized across various sectors, including power generation, oil and gas, and industrial manufacturing. CCS technologies are deployed in coal-fired power plants and natural gas facilities to capture carbon dioxide emissions, reducing their environmental impact.

CCS is used in industrial processes such as cement production and steel manufacturing to mitigate greenhouse gas emissions. The United States also invests in CCS projects for enhanced oil recovery (EOR) and carbon utilization initiatives, contributing to the growth of the market.

Emission Reduction in Coal-Fired Power Plants and Heavy Industries in China

The CCS market in China is predominantly utilized in the power generation and industrial sectors, where coal-fired power plants and heavy industries account for significant carbon emissions. CCS technologies are deployed to capture CO2 emissions from coal-fired power plants and industrial facilities, helping China reduce its carbon footprint and meet emission reduction targets.

China invests in CCS projects for carbon utilization applications such as enhanced oil recovery (EOR) and chemical manufacturing, contributing to the expansion of the CCS market.

Transitioning to a Low-Carbon Economy through CCS Deployment Fuels the Japan Market

In Japan, the CCS market is primarily used in the power generation and industrial sectors. CCS technologies are deployed to capture CO2 emissions from coal-fired power plants, natural gas facilities, and industrial processes.

Committing to reducing greenhouse gas emissions and transitioning to a low-carbon economy drives investment in CCS projects and research initiatives. Japan explores CCS applications for carbon utilization, including EOR and chemical synthesis, further enhancing the utilization of CCS technologies in the country.

Technological Innovation and Sustainability in CCS Drives the Market in South Korea

The CCS market is majorly utilized in the power generation, industrial, and transportation sectors. CCS technologies are deployed in coal-fired power plants, steel manufacturing facilities, and petrochemical industries to capture CO2 emissions and reduce environmental impact.

The strong focus on technological innovation and sustainability drives investment in CCS projects and research initiatives. South Korea explores CCS applications for carbon utilization in EOR and chemical synthesis, contributing to the growth of the CCS market in the country.

Decarbonization Efforts and CCS Integration Boost the United Kingdom Market

In the United Kingdom, the CCS market is predominantly utilized in the power generation and industrial sectors. CCS technologies are deployed to capture CO2 emissions from coal-fired power plants, natural gas facilities, and industrial processes.

Committing to decarbonization and achieving net-zero emissions targets drives investment in CCS projects and research initiatives. The United Kingdom explores CCS applications for carbon utilization in EOR, hydrogen production, and chemical synthesis, further enhancing the utilization of CCS technologies in the country.

Category-wise Insights

The below section shows the leading segment. On the basis of end-use, enhanced oil recovery is anticipated to expand at 19.8% CAGR by 2034. Based on the capture source, the chemicals segment is projected to expand at 19.5% CAGR by 2034.

With conventional oil reserves depleting and global energy demand rising, there is a growing emphasis on maximizing the recovery of remaining oil reserves. Chemical manufacturing processes are significant sources of CO2 emissions, making the industry a prime target for CCS implementation.

Category CAGR from 2024 to 2034
Enhanced Oil Recovery 19.8%
Chemicals 19.5%

Enhanced Oil Recovery Segment to Hold a Significant Share in the Market

Enhanced oil recovery (EOR) is a leading carbon capture and sequestration (CCS) market segment. EOR involves injecting the carbon dioxide captured into oil reservoirs to increase oil production and extend the life of mature oil fields.

The anticipated expansion at a CAGR of 19.8% by 2034 reflects the growing adoption of CCS technologies for EOR applications globally. The growth in this segment is driven by factors such as the increasing demand for oil, the need for cost-effective production methods, and government incentives supporting CCS-EOR projects.

Chemical Segment to Hold a Dominant Share in the Market

Within the capture source segment of the CCS market, the chemicals industry emerges as a leading segment. Chemical plants and refineries are significant sources of CO2 emissions, making them prime candidates for CCS implementation.

The projected expansion at a CAGR of 19.5% by 2034 underscores the growing demand for CCS solutions in the chemicals sector to reduce carbon emissions and comply with regulatory requirements.

The growth is fueled by stringent environmental regulations, corporate sustainability initiatives, and technological advancements in carbon capture technologies tailored for chemical processes.

Competitive Landscape

The competitive landscape of the carbon capture and sequestration (CCS) market dynamics is characterized by key players such as ExxonMobil, Shell, and Chevron, alongside emerging companies like Carbon Engineering and Climeworks.

The industry leaders leverage extensive Research and Development investments, strategic partnerships, and technological expertise to drive innovation and market expansion.

Regional players and startups contribute to market competitiveness, offering niche solutions and driving price competition. Collaboration between governments, industries, and research institutions further intensifies competition, fostering innovation and market growth.

Key Industry Developments

  • In December 2022, Petroleum Sarawak Bhd (Petros), Malaysia's state-owned oil and gas company, forged an agreement with South Korean steel-making giant Posco Group. The collaboration aims to advance carbon capture and storage (CCS) development efforts at a plant located in Sarawak, Malaysia.
  • In December 2022, Oil and Natural Gas Corporation Limited (ONGC) inked a deal with Shell to collaborate on Carbon Capture, Utilization, and Storage (CCUS) studies. The partnership will primarily focus on conducting a joint CO2 storage study and enhanced oil recovery (EOR) screening assessment across significant basins in India.

Key Coverage of Carbon Capture and Sequestration Market Report

  • Adjacent Study on Carbon Capture and Sequestration Market
  • Opportunity Analysis of Carbon Capture and Sequestration Market
  • Carbon Capture and Sequestration Market Size
  • Demand for Carbon Capture and Sequestration Market in India
  • Strategies for Carbon Capture and Sequestration Innovations

Report Scope

Attributes Details
Estimated Market Size in 2024 US$ 4.2 billion
Projected Market Valuation in 2034 US$ 26.1 billion
Value-based CAGR 2024 to 2034 20.1%
Forecast Period 2024 to 2034
Historical Data Available for 2019 to 2023
Market Analysis Value in US$ billion
Key Regions Covered
  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South Asia and Pacific
  • East Asia
  • Middle East and Africa
Key Market Segments Covered
  • Capture Source
  • End Use
  • Region
Key Countries Profiled
  • The United States
  • Canada
  • Brazil
  • Mexico
  • Germany
  • The United Kingdom
  • France
  • Spain
  • Italy
  • Russia
  • Poland
  • Czech Republic
  • Romania
  • India
  • Bangladesh
  • Australia
  • New Zealand
  • China
  • Japan
  • South Korea
  • GCC countries
  • South Africa
  • Israel
Key Companies Profiled
  • Fluor Corporation
  • ExxonMobil
  • Carbon Engineering Ltd.
  • ADNOC Group
  • Equinor
  • China National Petroleum Corporation
  • Dakota Gasification Company
  • Shell
  • BP
  • Chevron
  • Linde
  • Total
  • Aker Solutions
  • NRG Energy

Carbon Capture and Sequestration Market - Key Segments

By Capture Source:

  • Chemicals
  • Natural Gas Processing
  • Power Generation
  • Fertilizers Production
  • Others

By End-Use:

  • Enhanced Oil Recovery (EOR)
  • Dedicated Storage & Treatment

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South Asia and Pacific
  • East Asia
  • Middle East and Africa

Frequently Asked Questions

What is the expected value of carbon capture and sequestration market in 2024?

As of 2024, the market for global carbon capture and sequestration is expected to be valued at US$ 4.2 billion.

What is the anticipated market value for global carbon capture and sequestration in 2034?

By 2034, the market value of global carbon capture and sequestration is expected to reach US$ 26.1 billion.

What is the projected forecast CAGR for the carbon capture and sequestration market from 2024 to 2034?

From 2024 to 2034, the global carbon capture and sequestration market is expected to flourish at a CAGR of 20.1%

Based on capture source, which segment dominates the global carbon capture and sequestration market?

The chemical segment is anticipated to register at a CAGR of 19.5% by 2034.

Which country is likely to dominate the global carbon capture and sequestration market?

South Korea is likely the top-performing market, with a CAGR of 22.6%.

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Opportunity Map Analysis

    3.4. Investment Feasibility Matrix

    3.5. PESTLE and Porter’s Analysis

    3.6. Regulatory Landscape

        3.6.1. By Key Regions

        3.6.2. By Key Countries

    3.7. Regional Parent Market Outlook

4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034

    4.1. Historical Market Size Value (US$ Million) Analysis, 2019 to 2023

    4.2. Current and Future Market Size Value (US$ Million) Projections, 2024 to 2034

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Capture Source

    5.1. Introduction / Key Findings

    5.2. Historical Market Size Value (US$ Million) Analysis By Capture Source, 2019 to 2023

    5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Capture Source, 2024 to 2034

        5.3.1. Chemicals

        5.3.2. Natural Gas Processing

        5.3.3. Power Generation

        5.3.4. Fertilizers Production

        5.3.5. Others

    5.4. Y-o-Y Growth Trend Analysis By Capture Source, 2019 to 2023

    5.5. Absolute $ Opportunity Analysis By Capture Source, 2024 to 2034

6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End-Use

    6.1. Introduction / Key Findings

    6.2. Historical Market Size Value (US$ Million) Analysis By End-Use, 2019 to 2023

    6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By End-Use, 2024 to 2034

        6.3.1. Enhanced Oil Recovery (EOR)

        6.3.2. Dedicated Storage & Treatment

    6.4. Y-o-Y Growth Trend Analysis By End-Use, 2019 to 2023

    6.5. Absolute $ Opportunity Analysis By End-Use, 2024 to 2034

7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region

    7.1. Introduction

    7.2. Historical Market Size Value (US$ Million) Analysis By Region, 2019 to 2023

    7.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2024 to 2034

        7.3.1. North America

        7.3.2. Latin America

        7.3.3. Western Europe

        7.3.4. Eastern Europe

        7.3.5. South Asia and Pacific

        7.3.6. East Asia

        7.3.7. Middle East and Africa

    7.4. Market Attractiveness Analysis By Region

8. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    8.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023

    8.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034

        8.2.1. By Country

            8.2.1.1. USA

            8.2.1.2. Canada

        8.2.2. By Capture Source

        8.2.3. By End-Use

    8.3. Market Attractiveness Analysis

        8.3.1. By Country

        8.3.2. By Capture Source

        8.3.3. By End-Use

    8.4. Key Takeaways

9. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    9.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023

    9.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034

        9.2.1. By Country

            9.2.1.1. Brazil

            9.2.1.2. Mexico

            9.2.1.3. Rest of Latin America

        9.2.2. By Capture Source

        9.2.3. By End-Use

    9.3. Market Attractiveness Analysis

        9.3.1. By Country

        9.3.2. By Capture Source

        9.3.3. By End-Use

    9.4. Key Takeaways

10. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023

    10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034

        10.2.1. By Country

            10.2.1.1. Germany

            10.2.1.2. UK

            10.2.1.3. France

            10.2.1.4. Spain

            10.2.1.5. Italy

            10.2.1.6. Rest of Western Europe

        10.2.2. By Capture Source

        10.2.3. By End-Use

    10.3. Market Attractiveness Analysis

        10.3.1. By Country

        10.3.2. By Capture Source

        10.3.3. By End-Use

    10.4. Key Takeaways

11. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023

    11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034

        11.2.1. By Country

            11.2.1.1. Poland

            11.2.1.2. Russia

            11.2.1.3. Czech Republic

            11.2.1.4. Romania

            11.2.1.5. Rest of Eastern Europe

        11.2.2. By Capture Source

        11.2.3. By End-Use

    11.3. Market Attractiveness Analysis

        11.3.1. By Country

        11.3.2. By Capture Source

        11.3.3. By End-Use

    11.4. Key Takeaways

12. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023

    12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034

        12.2.1. By Country

            12.2.1.1. India

            12.2.1.2. Bangladesh

            12.2.1.3. Australia

            12.2.1.4. New Zealand

            12.2.1.5. Rest of South Asia and Pacific

        12.2.2. By Capture Source

        12.2.3. By End-Use

    12.3. Market Attractiveness Analysis

        12.3.1. By Country

        12.3.2. By Capture Source

        12.3.3. By End-Use

    12.4. Key Takeaways

13. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023

    13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034

        13.2.1. By Country

            13.2.1.1. China

            13.2.1.2. Japan

            13.2.1.3. South Korea

        13.2.2. By Capture Source

        13.2.3. By End-Use

    13.3. Market Attractiveness Analysis

        13.3.1. By Country

        13.3.2. By Capture Source

        13.3.3. By End-Use

    13.4. Key Takeaways

14. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023

    14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034

        14.2.1. By Country

            14.2.1.1. GCC Countries

            14.2.1.2. South Africa

            14.2.1.3. Israel

            14.2.1.4. Rest of MEA

        14.2.2. By Capture Source

        14.2.3. By End-Use

    14.3. Market Attractiveness Analysis

        14.3.1. By Country

        14.3.2. By Capture Source

        14.3.3. By End-Use

    14.4. Key Takeaways

15. Key Countries Market Analysis

    15.1. USA

        15.1.1. Pricing Analysis

        15.1.2. Market Share Analysis, 2023

            15.1.2.1. By Capture Source

            15.1.2.2. By End-Use

    15.2. Canada

        15.2.1. Pricing Analysis

        15.2.2. Market Share Analysis, 2023

            15.2.2.1. By Capture Source

            15.2.2.2. By End-Use

    15.3. Brazil

        15.3.1. Pricing Analysis

        15.3.2. Market Share Analysis, 2023

            15.3.2.1. By Capture Source

            15.3.2.2. By End-Use

    15.4. Mexico

        15.4.1. Pricing Analysis

        15.4.2. Market Share Analysis, 2023

            15.4.2.1. By Capture Source

            15.4.2.2. By End-Use

    15.5. Germany

        15.5.1. Pricing Analysis

        15.5.2. Market Share Analysis, 2023

            15.5.2.1. By Capture Source

            15.5.2.2. By End-Use

    15.6. UK

        15.6.1. Pricing Analysis

        15.6.2. Market Share Analysis, 2023

            15.6.2.1. By Capture Source

            15.6.2.2. By End-Use

    15.7. France

        15.7.1. Pricing Analysis

        15.7.2. Market Share Analysis, 2023

            15.7.2.1. By Capture Source

            15.7.2.2. By End-Use

    15.8. Spain

        15.8.1. Pricing Analysis

        15.8.2. Market Share Analysis, 2023

            15.8.2.1. By Capture Source

            15.8.2.2. By End-Use

    15.9. Italy

        15.9.1. Pricing Analysis

        15.9.2. Market Share Analysis, 2023

            15.9.2.1. By Capture Source

            15.9.2.2. By End-Use

    15.10. Poland

        15.10.1. Pricing Analysis

        15.10.2. Market Share Analysis, 2023

            15.10.2.1. By Capture Source

            15.10.2.2. By End-Use

    15.11. Russia

        15.11.1. Pricing Analysis

        15.11.2. Market Share Analysis, 2023

            15.11.2.1. By Capture Source

            15.11.2.2. By End-Use

    15.12. Czech Republic

        15.12.1. Pricing Analysis

        15.12.2. Market Share Analysis, 2023

            15.12.2.1. By Capture Source

            15.12.2.2. By End-Use

    15.13. Romania

        15.13.1. Pricing Analysis

        15.13.2. Market Share Analysis, 2023

            15.13.2.1. By Capture Source

            15.13.2.2. By End-Use

    15.14. India

        15.14.1. Pricing Analysis

        15.14.2. Market Share Analysis, 2023

            15.14.2.1. By Capture Source

            15.14.2.2. By End-Use

    15.15. Bangladesh

        15.15.1. Pricing Analysis

        15.15.2. Market Share Analysis, 2023

            15.15.2.1. By Capture Source

            15.15.2.2. By End-Use

    15.16. Australia

        15.16.1. Pricing Analysis

        15.16.2. Market Share Analysis, 2023

            15.16.2.1. By Capture Source

            15.16.2.2. By End-Use

    15.17. New Zealand

        15.17.1. Pricing Analysis

        15.17.2. Market Share Analysis, 2023

            15.17.2.1. By Capture Source

            15.17.2.2. By End-Use

    15.18. China

        15.18.1. Pricing Analysis

        15.18.2. Market Share Analysis, 2023

            15.18.2.1. By Capture Source

            15.18.2.2. By End-Use

    15.19. Japan

        15.19.1. Pricing Analysis

        15.19.2. Market Share Analysis, 2023

            15.19.2.1. By Capture Source

            15.19.2.2. By End-Use

    15.20. South Korea

        15.20.1. Pricing Analysis

        15.20.2. Market Share Analysis, 2023

            15.20.2.1. By Capture Source

            15.20.2.2. By End-Use

    15.21. GCC Countries

        15.21.1. Pricing Analysis

        15.21.2. Market Share Analysis, 2023

            15.21.2.1. By Capture Source

            15.21.2.2. By End-Use

    15.22. South Africa

        15.22.1. Pricing Analysis

        15.22.2. Market Share Analysis, 2023

            15.22.2.1. By Capture Source

            15.22.2.2. By End-Use

    15.23. Israel

        15.23.1. Pricing Analysis

        15.23.2. Market Share Analysis, 2023

            15.23.2.1. By Capture Source

            15.23.2.2. By End-Use

16. Market Structure Analysis

    16.1. Competition Dashboard

    16.2. Competition Benchmarking

    16.3. Market Share Analysis of Top Players

        16.3.1. By Regional

        16.3.2. By Capture Source

        16.3.3. By End-Use

17. Competition Analysis

    17.1. Competition Deep Dive

        17.1.1. Fluor Corporation (USA)

            17.1.1.1. Overview

            17.1.1.2. Product Portfolio

            17.1.1.3. Profitability by Market Segments

            17.1.1.4. Sales Footprint

            17.1.1.5. Strategy Overview

                17.1.1.5.1. Marketing Strategy

        17.1.2. ExxonMobil (USA)

            17.1.2.1. Overview

            17.1.2.2. Product Portfolio

            17.1.2.3. Profitability by Market Segments

            17.1.2.4. Sales Footprint

            17.1.2.5. Strategy Overview

                17.1.2.5.1. Marketing Strategy

        17.1.3. Carbon Engineering Ltd. (Canada)

            17.1.3.1. Overview

            17.1.3.2. Product Portfolio

            17.1.3.3. Profitability by Market Segments

            17.1.3.4. Sales Footprint

            17.1.3.5. Strategy Overview

                17.1.3.5.1. Marketing Strategy

        17.1.4. ADNOC Group (UAE)

            17.1.4.1. Overview

            17.1.4.2. Product Portfolio

            17.1.4.3. Profitability by Market Segments

            17.1.4.4. Sales Footprint

            17.1.4.5. Strategy Overview

                17.1.4.5.1. Marketing Strategy

        17.1.5. Equinor (Norway)

            17.1.5.1. Overview

            17.1.5.2. Product Portfolio

            17.1.5.3. Profitability by Market Segments

            17.1.5.4. Sales Footprint

            17.1.5.5. Strategy Overview

                17.1.5.5.1. Marketing Strategy

        17.1.6. China National Petroleum Corporation (China)

            17.1.6.1. Overview

            17.1.6.2. Product Portfolio

            17.1.6.3. Profitability by Market Segments

            17.1.6.4. Sales Footprint

            17.1.6.5. Strategy Overview

                17.1.6.5.1. Marketing Strategy

        17.1.7. Dakota Gasification Company (USA)

            17.1.7.1. Overview

            17.1.7.2. Product Portfolio

            17.1.7.3. Profitability by Market Segments

            17.1.7.4. Sales Footprint

            17.1.7.5. Strategy Overview

                17.1.7.5.1. Marketing Strategy

        17.1.8. Shell (Netherlands)

            17.1.8.1. Overview

            17.1.8.2. Product Portfolio

            17.1.8.3. Profitability by Market Segments

            17.1.8.4. Sales Footprint

            17.1.8.5. Strategy Overview

                17.1.8.5.1. Marketing Strategy

        17.1.9. BP (UK)

            17.1.9.1. Overview

            17.1.9.2. Product Portfolio

            17.1.9.3. Profitability by Market Segments

            17.1.9.4. Sales Footprint

            17.1.9.5. Strategy Overview

                17.1.9.5.1. Marketing Strategy

        17.1.10. Chevron (USA)

            17.1.10.1. Overview

            17.1.10.2. Product Portfolio

            17.1.10.3. Profitability by Market Segments

            17.1.10.4. Sales Footprint

            17.1.10.5. Strategy Overview

                17.1.10.5.1. Marketing Strategy

        17.1.11. Linde (Ireland)

            17.1.11.1. Overview

            17.1.11.2. Product Portfolio

            17.1.11.3. Profitability by Market Segments

            17.1.11.4. Sales Footprint

            17.1.11.5. Strategy Overview

                17.1.11.5.1. Marketing Strategy

        17.1.12. Total (France)

            17.1.12.1. Overview

            17.1.12.2. Product Portfolio

            17.1.12.3. Profitability by Market Segments

            17.1.12.4. Sales Footprint

            17.1.12.5. Strategy Overview

                17.1.12.5.1. Marketing Strategy

        17.1.13. Aker Solutions (Norway)

            17.1.13.1. Overview

            17.1.13.2. Product Portfolio

            17.1.13.3. Profitability by Market Segments

            17.1.13.4. Sales Footprint

            17.1.13.5. Strategy Overview

                17.1.13.5.1. Marketing Strategy

        17.1.14. NRG Energy (USA)

            17.1.14.1. Overview

            17.1.14.2. Product Portfolio

            17.1.14.3. Profitability by Market Segments

            17.1.14.4. Sales Footprint

            17.1.14.5. Strategy Overview

                17.1.14.5.1. Marketing Strategy

18. Assumptions & Acronyms Used

19. Research Methodology

List of Tables

Table 1: Global Market Value (US$ Million) Forecast by Region, 2019 to 2034

Table 2: Global Market Value (US$ Million) Forecast by Capture Source, 2019 to 2034

Table 3: Global Market Value (US$ Million) Forecast by End-Use, 2019 to 2034

Table 4: North America Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 5: North America Market Value (US$ Million) Forecast by Capture Source, 2019 to 2034

Table 6: North America Market Value (US$ Million) Forecast by End-Use, 2019 to 2034

Table 7: Latin America Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 8: Latin America Market Value (US$ Million) Forecast by Capture Source, 2019 to 2034

Table 9: Latin America Market Value (US$ Million) Forecast by End-Use, 2019 to 2034

Table 10: Western Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 11: Western Europe Market Value (US$ Million) Forecast by Capture Source, 2019 to 2034

Table 12: Western Europe Market Value (US$ Million) Forecast by End-Use, 2019 to 2034

Table 13: Eastern Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 14: Eastern Europe Market Value (US$ Million) Forecast by Capture Source, 2019 to 2034

Table 15: Eastern Europe Market Value (US$ Million) Forecast by End-Use, 2019 to 2034

Table 16: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 17: South Asia and Pacific Market Value (US$ Million) Forecast by Capture Source, 2019 to 2034

Table 18: South Asia and Pacific Market Value (US$ Million) Forecast by End-Use, 2019 to 2034

Table 19: East Asia Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 20: East Asia Market Value (US$ Million) Forecast by Capture Source, 2019 to 2034

Table 21: East Asia Market Value (US$ Million) Forecast by End-Use, 2019 to 2034

Table 22: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 23: Middle East and Africa Market Value (US$ Million) Forecast by Capture Source, 2019 to 2034

Table 24: Middle East and Africa Market Value (US$ Million) Forecast by End-Use, 2019 to 2034

List of Charts

Figure 1: Global Market Value (US$ Million) by Capture Source, 2024 to 2034

Figure 2: Global Market Value (US$ Million) by End-Use, 2024 to 2034

Figure 3: Global Market Value (US$ Million) by Region, 2024 to 2034

Figure 4: Global Market Value (US$ Million) Analysis by Region, 2019 to 2034

Figure 5: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034

Figure 6: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034

Figure 7: Global Market Value (US$ Million) Analysis by Capture Source, 2019 to 2034

Figure 8: Global Market Value Share (%) and BPS Analysis by Capture Source, 2024 to 2034

Figure 9: Global Market Y-o-Y Growth (%) Projections by Capture Source, 2024 to 2034

Figure 10: Global Market Value (US$ Million) Analysis by End-Use, 2019 to 2034

Figure 11: Global Market Value Share (%) and BPS Analysis by End-Use, 2024 to 2034

Figure 12: Global Market Y-o-Y Growth (%) Projections by End-Use, 2024 to 2034

Figure 13: Global Market Attractiveness by Capture Source, 2024 to 2034

Figure 14: Global Market Attractiveness by End-Use, 2024 to 2034

Figure 15: Global Market Attractiveness by Region, 2024 to 2034

Figure 16: North America Market Value (US$ Million) by Capture Source, 2024 to 2034

Figure 17: North America Market Value (US$ Million) by End-Use, 2024 to 2034

Figure 18: North America Market Value (US$ Million) by Country, 2024 to 2034

Figure 19: North America Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 20: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 21: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 22: North America Market Value (US$ Million) Analysis by Capture Source, 2019 to 2034

Figure 23: North America Market Value Share (%) and BPS Analysis by Capture Source, 2024 to 2034

Figure 24: North America Market Y-o-Y Growth (%) Projections by Capture Source, 2024 to 2034

Figure 25: North America Market Value (US$ Million) Analysis by End-Use, 2019 to 2034

Figure 26: North America Market Value Share (%) and BPS Analysis by End-Use, 2024 to 2034

Figure 27: North America Market Y-o-Y Growth (%) Projections by End-Use, 2024 to 2034

Figure 28: North America Market Attractiveness by Capture Source, 2024 to 2034

Figure 29: North America Market Attractiveness by End-Use, 2024 to 2034

Figure 30: North America Market Attractiveness by Country, 2024 to 2034

Figure 31: Latin America Market Value (US$ Million) by Capture Source, 2024 to 2034

Figure 32: Latin America Market Value (US$ Million) by End-Use, 2024 to 2034

Figure 33: Latin America Market Value (US$ Million) by Country, 2024 to 2034

Figure 34: Latin America Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 35: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 36: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 37: Latin America Market Value (US$ Million) Analysis by Capture Source, 2019 to 2034

Figure 38: Latin America Market Value Share (%) and BPS Analysis by Capture Source, 2024 to 2034

Figure 39: Latin America Market Y-o-Y Growth (%) Projections by Capture Source, 2024 to 2034

Figure 40: Latin America Market Value (US$ Million) Analysis by End-Use, 2019 to 2034

Figure 41: Latin America Market Value Share (%) and BPS Analysis by End-Use, 2024 to 2034

Figure 42: Latin America Market Y-o-Y Growth (%) Projections by End-Use, 2024 to 2034

Figure 43: Latin America Market Attractiveness by Capture Source, 2024 to 2034

Figure 44: Latin America Market Attractiveness by End-Use, 2024 to 2034

Figure 45: Latin America Market Attractiveness by Country, 2024 to 2034

Figure 46: Western Europe Market Value (US$ Million) by Capture Source, 2024 to 2034

Figure 47: Western Europe Market Value (US$ Million) by End-Use, 2024 to 2034

Figure 48: Western Europe Market Value (US$ Million) by Country, 2024 to 2034

Figure 49: Western Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 50: Western Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 51: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 52: Western Europe Market Value (US$ Million) Analysis by Capture Source, 2019 to 2034

Figure 53: Western Europe Market Value Share (%) and BPS Analysis by Capture Source, 2024 to 2034

Figure 54: Western Europe Market Y-o-Y Growth (%) Projections by Capture Source, 2024 to 2034

Figure 55: Western Europe Market Value (US$ Million) Analysis by End-Use, 2019 to 2034

Figure 56: Western Europe Market Value Share (%) and BPS Analysis by End-Use, 2024 to 2034

Figure 57: Western Europe Market Y-o-Y Growth (%) Projections by End-Use, 2024 to 2034

Figure 58: Western Europe Market Attractiveness by Capture Source, 2024 to 2034

Figure 59: Western Europe Market Attractiveness by End-Use, 2024 to 2034

Figure 60: Western Europe Market Attractiveness by Country, 2024 to 2034

Figure 61: Eastern Europe Market Value (US$ Million) by Capture Source, 2024 to 2034

Figure 62: Eastern Europe Market Value (US$ Million) by End-Use, 2024 to 2034

Figure 63: Eastern Europe Market Value (US$ Million) by Country, 2024 to 2034

Figure 64: Eastern Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 65: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 66: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 67: Eastern Europe Market Value (US$ Million) Analysis by Capture Source, 2019 to 2034

Figure 68: Eastern Europe Market Value Share (%) and BPS Analysis by Capture Source, 2024 to 2034

Figure 69: Eastern Europe Market Y-o-Y Growth (%) Projections by Capture Source, 2024 to 2034

Figure 70: Eastern Europe Market Value (US$ Million) Analysis by End-Use, 2019 to 2034

Figure 71: Eastern Europe Market Value Share (%) and BPS Analysis by End-Use, 2024 to 2034

Figure 72: Eastern Europe Market Y-o-Y Growth (%) Projections by End-Use, 2024 to 2034

Figure 73: Eastern Europe Market Attractiveness by Capture Source, 2024 to 2034

Figure 74: Eastern Europe Market Attractiveness by End-Use, 2024 to 2034

Figure 75: Eastern Europe Market Attractiveness by Country, 2024 to 2034

Figure 76: South Asia and Pacific Market Value (US$ Million) by Capture Source, 2024 to 2034

Figure 77: South Asia and Pacific Market Value (US$ Million) by End-Use, 2024 to 2034

Figure 78: South Asia and Pacific Market Value (US$ Million) by Country, 2024 to 2034

Figure 79: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 80: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 81: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 82: South Asia and Pacific Market Value (US$ Million) Analysis by Capture Source, 2019 to 2034

Figure 83: South Asia and Pacific Market Value Share (%) and BPS Analysis by Capture Source, 2024 to 2034

Figure 84: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Capture Source, 2024 to 2034

Figure 85: South Asia and Pacific Market Value (US$ Million) Analysis by End-Use, 2019 to 2034

Figure 86: South Asia and Pacific Market Value Share (%) and BPS Analysis by End-Use, 2024 to 2034

Figure 87: South Asia and Pacific Market Y-o-Y Growth (%) Projections by End-Use, 2024 to 2034

Figure 88: South Asia and Pacific Market Attractiveness by Capture Source, 2024 to 2034

Figure 89: South Asia and Pacific Market Attractiveness by End-Use, 2024 to 2034

Figure 90: South Asia and Pacific Market Attractiveness by Country, 2024 to 2034

Figure 91: East Asia Market Value (US$ Million) by Capture Source, 2024 to 2034

Figure 92: East Asia Market Value (US$ Million) by End-Use, 2024 to 2034

Figure 93: East Asia Market Value (US$ Million) by Country, 2024 to 2034

Figure 94: East Asia Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 95: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 96: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 97: East Asia Market Value (US$ Million) Analysis by Capture Source, 2019 to 2034

Figure 98: East Asia Market Value Share (%) and BPS Analysis by Capture Source, 2024 to 2034

Figure 99: East Asia Market Y-o-Y Growth (%) Projections by Capture Source, 2024 to 2034

Figure 100: East Asia Market Value (US$ Million) Analysis by End-Use, 2019 to 2034

Figure 101: East Asia Market Value Share (%) and BPS Analysis by End-Use, 2024 to 2034

Figure 102: East Asia Market Y-o-Y Growth (%) Projections by End-Use, 2024 to 2034

Figure 103: East Asia Market Attractiveness by Capture Source, 2024 to 2034

Figure 104: East Asia Market Attractiveness by End-Use, 2024 to 2034

Figure 105: East Asia Market Attractiveness by Country, 2024 to 2034

Figure 106: Middle East and Africa Market Value (US$ Million) by Capture Source, 2024 to 2034

Figure 107: Middle East and Africa Market Value (US$ Million) by End-Use, 2024 to 2034

Figure 108: Middle East and Africa Market Value (US$ Million) by Country, 2024 to 2034

Figure 109: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 110: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 111: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 112: Middle East and Africa Market Value (US$ Million) Analysis by Capture Source, 2019 to 2034

Figure 113: Middle East and Africa Market Value Share (%) and BPS Analysis by Capture Source, 2024 to 2034

Figure 114: Middle East and Africa Market Y-o-Y Growth (%) Projections by Capture Source, 2024 to 2034

Figure 115: Middle East and Africa Market Value (US$ Million) Analysis by End-Use, 2019 to 2034

Figure 116: Middle East and Africa Market Value Share (%) and BPS Analysis by End-Use, 2024 to 2034

Figure 117: Middle East and Africa Market Y-o-Y Growth (%) Projections by End-Use, 2024 to 2034

Figure 118: Middle East and Africa Market Attractiveness by Capture Source, 2024 to 2034

Figure 119: Middle East and Africa Market Attractiveness by End-Use, 2024 to 2034

Figure 120: Middle East and Africa Market Attractiveness by Country, 2024 to 2034

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